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BEHOLD THE NEXT OONI OF IFE….. + All you need to know about Prince Adeyeye Enitan Ogunwusi

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They say the sun will rise and set, seasons will change their turns, and the youth will take over the old. The hourglass has been flipped, the king has gone to meet his ancestors and for Prince Adeyeye Enitan Ogunwusi it is only the beginning. Take notice, for his time has come.
Since the demise of the highly dignified Oba Okunade Sijuwade, Olubuse II, who in his capacity as the Oonirisa of the source brought a lot of fanfare and prestige to the already well revered stool that at one time or the other had been occupied by such illustrious personalities as Oduduwa & Oranmiyan, the race for the next Ooni has been on and the four ruling families; Osinkola, Ogboru, Giesi and Lafogido are now contenders.

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A declaration document was signed by then Chairman of Chieftaincy Committee of Oranmiyan Local Government; P. O. Olaniyi. The document, which was forwarded for approval on September 14, 1979 and was signed on January 28, 1980 approving the rotation of the stool among the 4 ruling houses, in that order. The document had been prepared under the reign of the late Oba Adesoji Aderemi who was from the Oshikola ruling family. The late Oba Okunade Sijuwade, the Olubuse II, being a product of the Ogboru ruling house, the next in line to ascend the throne must therefore come from the Giesi family. The Prince of the source, a fearless and self-made business man, Prince Adeyeye Enitan Ogunwusi, being the 4th direct descendant of the Giesi family, is in all context, the man for the throne.
About forty years ago in the ancient city of Ile-Ife, a prince was born into the Giesi Ruling House, Ojaja Royal Compound of Agbedegbede in Ile-Ife. He was named Adeyeye. Prince Adeyeye Enitan Ogunwusi was quietly delivered into the humble family of Prince Ropo and Late Mrs Margaret Wuraola Ogunwusi (Ile Opa family compound, Ile Ife). The father was a radio and television anchor and presentation star that spanned the entire mid-1980s to early 21st century in the South-western part of Nigeria. Though born quietly, Prince Ogunwusi’s excellence and outstanding acumen would soon start to announce itself for the world to behold.

An astute entrepreneur, driven by turning ‘impossibilities to possibilities’, Adeyeye’s power of imagination has set him aside, revolutionizing his approach to creativity and innovation. A distinct achiever, with the conscience of youthful excellence, his ambition is exceptional with savvy business ideas, making a mark in his immediate society and beyond.
He has been involved in Engineering, Procurement and Construction (EPC) locally and abroad for over 12 years and he is also actively involved in the development of over 2,500 housing units with various consortia of developers/promoters over the last 8 years in Nigeria. He facilitated strong trade relationship through Association for International Business (AIB) with presence in over 200 member countries across the globe which he set up in Nigeria. One of the key achievements of this body is the trade facilitation between the United Arab Emirates (Jebel Ali free Trade Zone development) and Federal Government of Nigeria through Nigerian Investment Promotion Commission (NIPC). He was a co-organizer for Ondo State Economic Planning and Implementation Committee. He led the Government delegation team to Canada in 2002 for strategic alliances and partnership with Ondo State Government on solid mineral potentials of the State (Bitumen, Dimension Stones, Granite, etc.) which led to the formation of Amalgamated Mining and Exploration Company Limited – wholly owned by Ondo State Government. He was involved in the facilitation and development of Sparkwest Steel Galvanizing Plant (the only Steel Galvanizing Plant in Nigeria), National Iron Ore Mining Company Limited and Jakura Mines resuscitation projects, which has eventually become the major limestone feed stock to Obajana Cement Plant in Kogi State, Nigeria.

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Prince Adeyeye Enitan Ogunwusi was involved with trading and marketing of commodities, the main facilitator for Dangote Group’s break into the ‘up-country supply chain consortium’ between 1996 and 1999. He also traded for Dohagro Allied, Global Apex, Olam, Clemco, Stallion Group, Milan Group etc, at about the same period. This is where he gained expertise in marketing prowess which up till date is one of his major strengths. He also facilitated the biggest Lead and Aluminum recycling plant set up in Nigeria by National Steel Company of India in Ota, Ogun State.
He began his strides in the Real Estate sector with various dredging and land reclamation projects in Lagos State. Adeyeye is the initiator of EssentialHomes, a real estate product launched in January 2014 formed to deliver affordable upscale homes to the middle and low income earners. The 1st phase of the product (The Southpointe Estate, Lafiaji Road, Lekki, Lagos State) started in February 2014, and has been successfully delivered within 1 year with about 60% occupancy recorded. This attests to the huge market demand and acceptability of the EssentialHomes product. He also led the team that developed the beautiful Northpointe Estate Phase I,II,III and Midland Court , on Chevron Drive Lekki Lagos. In addition, Prince Adyeye has successfully undertaken more multi-billion Naira projects across Lagos and environs; Jacob Mews Estate Yaba, Lakeview Park I and II Estates Lekki, the ongoing Golden Leaf Estate Lafiaji, Lekki and Grand Lake Estate Ajah, Lagos.
Adeyeye also has clear track record of community development starting with his home town; 4yrs ago during the occasion of his Mum’s funeral, the community was without any form of electricity. Adeyeye went ahead to install transformers and light poles, generated electricity which till today, the community still boasts of. This electrification project is also being extended to other parts of the town. Part of his community development strides has also extended to the Lafiaji community, off Orchid Hotel road, Lekki-Epe expressway, Lagos, with the opening up and reconstruction of a 6.5km road, with a 1.1km green extension without Government intervention. He also embarked on the electrification of this whole stretch which is being powered by his company, Gran Imperio Group.
In just 1 year, to actualize his dream of the development of one of the best resorts in Nigeria, he led a team that opened up a remote jungle, Inagbe Island, Amuwo Odofin LGA, Lagos, into a whole new community offering spectacular world class relaxation and recreational facilities. The multi-billion Naira Inagbe Grand Resorts and Leisure, Lagos Nigeria is a first of its kind in the whole of West Africa bounded by the Lagoon and Atlantic Ocean. With this feat, he is set to increase the country’s GDP through tourism and reduce unemployment by providing direct and indirect employment. At the launch of this magnificent project in December 2013, The Managing Director of First Bank Plc., Mr. Bisi Onasanya, told The Nation Newspaper (published on December 13 2013) that tourism remains a veritable means of entrepreneurship and revenue earner for Nigeria, hence it should be given necessary support. The First Bank boss also said this at the unveiling of the signage of the resort, “It is a shame to some of us that we have waited this long for a younger person to come and wake us up and show us what we are able to do.”
Earlier this year, Prince Adeyeye also intimated the youth of Ile-Ife of his plan to replicate this remarkable project in Ile-Ife, having already acquired good land mass for the project. Interestingly, he has an incredible master plan to rebrand Ife and take it to greater heights. On the 7th of March 2015, Adeyeye was a recipient of the prestigious NIDSA (National Ife Descendants Students’ Association) GOLD AWARD for 2015 on the occasion of their Ife Day celebration.
Prince Adeyeye enjoys being in the midst of his workers, celebrates and dances with them, dines with them, crack jokes and of course gets on the work grind with them. He is a grass root fellow to the core and lover of the youth. His humility is second to none. Being a philanthropist, Adeyeye has sponsored less privileged children and youth in Ile-Ife and Lagos where he lives. Some youth are still beneficiaries of Adeyeye’s scholarship platform till date.
Adeyeye is presently an employer of over 300 indigenous youth at the Inagbe Cocowood Factory – EssentialHomes Furniture brand, first of its kind in Nigeria using 100% indigenous raw materials for production. He has over 450 direct employees across his various companies, and over 3000 indirect employees.
Prince Adeyeye Enitan Ogunwusi is a Director on the Board of Directors of Imperial Homes Mortgage Bank Limited, (formerly GTHomes), a leading National Mortgage Bank and former subsidiary of one of the biggest banks in Africa, GTBank Plc. He is also a Director, FinaTrust Microfinance Bank Limited, one of Nigeria’s foremost Microfinance Banks focusing on SMEs and micro credit facilities. He is the Founder and Managing Director of Gran Imperio Group, the holding company of Real Estate and Construction, Manufacturing, Facilities Management, Leisure and Tourism companies in Nigeria.
Prince Adeyeye Enitan Ogunwusi holds a Higher National Diploma in Accountancy from the Polytechnic Ibadan, where he started cutting his teeth in outstanding entrepreneurship, even as a student. To mention a few, the royal prince of Ile-Ife the source, is a member of dignified professional bodies, namely, Institute of Chartered Accountants of Nigeria (ICAN), an Associate Accounting Technician and a certified member of the Institute of Directors (IoD) Nigeria. He is also an active member of Global Real Estate Institute (GRI), having participated at various levels.
To be a prince in Yoruba land is in itself outstanding. To then be a prince of the source Ile-Ife, the Cradle of Civilization is to be truly blue-blooded. Very passionate about what he believes in; people and possibilities, Adeyeye has achieved giant strides even from his very youthful age.
Prince Adeyeye Enitan Ogunwusi has been involved in remarkable partnerships with dignified Royal Fathers in some of his Real Estate developments; HRM, Oba Saheed Elegushi, Kusenla III, Elegushi of Ikate Land, Lagos (Development of LakeView Park 2, Lafiaji, Off Orchid Hotel Road, Lekki – Epe Expressway), HRM, The Ooni of Ife, Oba Okunade Sijuade, (development of Northpointe Estate, Chevron Drive, Lekki, Lagos), HRM, Oba Oyekan, Onilado, of Ilado Inagbe Island, Lagos, (Development of Inagbe Grand Resorts and Leisure, Lagos), HRM, Oba Adedapo Tejuoso, The Oranmiyan Osile Oke Ona of Egba Land, Abeokuta (development of The Lord’s Estate, Buckswood College Abeokuta), HRM, Oba Oloruntoyin Saliu, the Oloworo of Oworonsoki, Lagos (partners in the proposed Oworonsoki Redevelopment Scheme, Lagos), HRM Oba Akinloye, Ojomu of Ajiran Land, Lekki – a host to several developments which Adeyeye has embarked on, HRM, The Olofa of Offa, Oba Mufutau Muhammed Gbadamosi (partnership during the rice and sugar merchandising for Dangote Group and others).
A highly dignified man, fearless and daring, a self-made man who not only has passion for his home town but his country as a whole, who has and is working in the improvement of the society at large whilst he spends his time and money to preserve and showcase the cultural heritage of his people and tradition of Ile-Ife, he also is creating many job opportunities for the indigenes of Ife.
He is loved and highly respected by the people of Ile-Ife, the Prince is someone who has stayed and is very much in touch with his roots and tradition. A man of honour who already has started making a difference in the city of Ife, He has close alliances with some of the most esteemed Royal fathers, leaders and kings men.
Truly it’s a new dawn and Ife will never remain the same again.

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NASRE Advises FG On Food Crisis, Forex Shortage Amid Calls To Suspend Import Ban

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As Nigeria finds itself at a critical crossroads, grappling with simultaneous challenges of a food crisis and a foreign exchange (forex) shortage.

 

This is even as the nation seeks solutions to mitigate these pressing issues, the debate over whether to open its borders for importation has intensified.

 

The food crisis gripping Nigeria has raised concerns about food security and access to essential nutrition for millions of citizens.

 

Adverse weather conditions, supply chain disruptions, and other factors have contributed to dwindling food supplies and soaring prices, placing a significant strain on households and exacerbating the vulnerability of already marginalized communities.

 

Meanwhile, the forex shortage has hampered Nigeria’s ability to import essential goods and raw materials, further exacerbating supply chain disruptions and exacerbating inflationary pressures.

 

Industries reliant on imported inputs, including agriculture, manufacturing, and healthcare, have been particularly hard hit, impeding economic growth and development.

 

In response to these challenges, some stakeholders advocate for opening Nigeria’s borders to facilitate the importation of food and other essential commodities.

 

Proponents argue that increased importation could help alleviate immediate food shortages, stabilize prices, and provide relief to vulnerable populations facing hunger and malnutrition.

 

However, others caution against the potential risks of opening borders amid a forex shortage. Critics raise concerns about the impact on domestic production and self-sufficiency, as well as the long-term consequences of relying heavily on imported goods. They emphasize the need to prioritize investments in domestic agriculture and infrastructure to build resilience against future crises.

 

As Nigeria navigates these complex issues, the government faces the daunting task of balancing short-term relief efforts with long-term strategies for sustainable development and economic resilience.

 

Proffering suggestion on how the government can address the unending inflationary pressures, Forex shortages, food prices hike and revitalise the nation’s economy, the Nigerian Association of Social and Resourceful Editors (NASRE), has advised the Nigerian government to adopt collaborative efforts involving policymakers, industry stakeholders, civil society organizations, and international partners to identify holistic solutions that address both immediate needs and underlying structural challenges.

 

On the debate over whether Nigeria should open its borders for importation amid the food crisis and forex shortage, the President of the advocacy group, Mr Femi Oyewale, underscores the urgency of coordinated action and innovative thinking.

 

According to him, now more than ever, solidarity, cooperation, and forward-thinking policies are needed to ensure the well-being and prosperity of all Nigerians.

 

“The question of whether Nigerian borders should be opened for food importation in the face of a food crisis is complex and multifaceted. However, there are factors to consider, which basically, Domestic Agricultural Capacity. Because opening borders for food importation could undermine domestic agricultural production by flooding the market with cheaper imported goods.

 

“However, if domestic production is insufficient to meet demand, importing food may be necessary to avoid shortages,” he said.

 

On the economic implications of borders opening, the President of NASRE, Oyewale, said: “Importing food can have economic ramifications, both positive and negative. On one hand, it can provide access to a wider variety of foods and potentially lower prices for consumers. On the other hand, it may negatively impact local farmers and exacerbate trade imbalances.”

 

The resourceful editors, while commenting on Food Security, pointed out that relying heavily on imported food leaves a country vulnerable to supply chain disruptions and price fluctuations in the global market. Therefore, it urged the federal government to develop a robust domestic agricultural sector, which is crucial for long-term food security.

 

According to Oyewale, the Nigerian government must consider its broader economic and agricultural policies when making decisions about food importation. This includes evaluating subsidies, tariffs, and investment in agricultural infrastructure.

 

“Importing food often involves long-distance transportation, which contributes to greenhouse gas emissions and environmental degradation. Promoting local production can help reduce the carbon footprint associated with food consumption.

 

“Food is not just a commodity; it is essential for human well-being. Government policies should prioritize ensuring access to nutritious and culturally appropriate food for all citizens, particularly those most vulnerable to food insecurity,” he added.

 

The Nigerian Association of Social and Resourceful Editors, NASRE, therefore, noted that the decision to open Nigerian borders for food importation during a food crisis should be approached cautiously, taking into account the country’s domestic agricultural capacity, economic implications, food security goals, environmental concerns, and social welfare considerations.

 

“A balanced approach that supports both domestic production and responsible trade practices may be necessary to address immediate food shortages while also promoting long-term food security and sustainability,” the Association stated.

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Lagos State Government to prosecute 11 suspects for extortion

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The Lagos State Government said 11 suspects arrested at the Ibeju-Lekki junction and Akodo area of the state will be prosecuted to serve as deterrents to others extorting residents and motorists in the state.

The Permanent Secretary, Ministry of Transportation, Olawale Musa, disclosed this while addressing journalists on Wednesday.

He added that the suspects parade themselves as enforcement officers to extort unsuspecting motorists and residents in the state.

Musa said, “Lagos State Government has declared zero tolerance for extortion of unsuspecting residents, especially motorists, by miscreants parading themselves as enforcement officers at the Ibeju-Lekki junction and Akodo area of the state.

“We have announced severally that nobody is allowed to collect money for the local government on the street of Lagos, and the government has set up a team to ensure that anybody that does that is picked up and from that Lekki axis.

“They will be charged to court to explain themselves, and I want to sound a note of warning to others that do the same thing that we will not relent; the government is all out for them.”

He noted that it is unlawful for any local government area within the state to place personnel to conduct such operations on the highways.

“If you have any issues, you call us, and we will come and address them, but when you have people coming on the road on the guise that you want to have revenue at this hard time, collecting money from motorists on the road is not fair, and it is illegal in Lagos State to resist it.

“It is illegal for any local government area in the state to deploy people on the roads as it negates the Lagos State Road Traffic Law, Section 18, 2018, which empowers only the Lagos State Traffic Management Authority to carry out such operations on the roads,” he added.

In March 2023, The PUNCH reported that the Lagos State Government arrested four suspected hoodlums in some parts of the state over extortion.

The suspects were arrested in the Amuwo-Odofin area of the state while attempting to extort motorists.

 

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N10bn fraud: EFCC to arraign Abdulfattah Ahmed, ex-Kwara Governor Friday

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The Economic and Financial Crimes Commission will arraign the immediate-past governor of Kwara State, Abdulfattah Ahmed, for alleged N10bn fraud on Friday, The PUNCH has learnt.

Credible sources in the anti-graft agency said the ex-governor would be dragged before the Federal High Court in Ilorin, the Kwara State capital.

“He is going to be arraigned on Friday at the Federal High Court in Ilorin for diversion of funds, amounting to N10bn,” the source told our correspondent.

The ex-governor has been detained by the EFCC since Monday when he honoured an invitation for interrogation.

His Chief Press Secretary, Alhaji AbdulWahab Oba, confirmed his principal’s visit to the EFCC office on Monday, stating that it was only “procedural and routine”.

“Dr Ahmed’s visit to the EFCC is procedural and routine. He was invited and he honoured them as he’s always done. He’s always ready to respond to any query or question regarding his tenure as a governor of the state.”

On Tuesday night, Oba lamented that the EFCC was still holding on to Ahmed, saying he was given stringent bail conditions.

“Yes, he is still with the EFCC and we are now in a dilemma over the issue because they keep changing the goalpost during the match. The case is taking a new dimension, which we don’t really understand for now.

“Initially they said they wanted him to produce two sureties who are federal directors. The sureties came and were asked to provide landed properties in Abuja. We see this as a contradiction. The case was initially handled by the EFCC office in Abuja before it was transferred to Ilorin over the issue of jurisdiction. Additionally, he has been denied access to his doctors, medication and direct access to his cook,” Oba said.

Meanwhile, members of the opposition Peoples Democratic Party in Kwara State on Wednesday staged a peaceful protest to the EFCC zonal office in Ilorin, where Ahmed was being detained.

The protesters, who carried placards with various inscriptions, expressed displeasure over Ahmed’s detention.

Led by the state Publicity Secretary of the PDP, Olusegun Adewara, the party members alleged that the All Progressives Congress in the state was behind Ahmed’s troubles.

Some of the inscriptions on their placards read: “EFCC should stop being a tool in the hands of Abdulrazaq led-APC”, “Governor Ahmed was very transparent”, “EFCC is not a department in the APC, EFCC, stop the harassment”, “The opposition cannot be silenced”, “Maigida will not join the APC no matter the persecution”, “EFCC, don’t instigate political crisis in Kwara State”, “No to illegal detention. Respect the rule of law”, among others.

But addressing the protesters, the zonal commander of the EFCC, Michael Nzekwe, said Ahmed had been given an administration bail but he could not meet the conditions.

“We’re wrapping up. Once we wrap up, the law will take its course. The anti-graft agency, being a creation of law, would not go contrary to law.

“Everything we’ve done is within the ambit of the law. The former governor is cooperating with us and we’re making good progress following rules of law. As I speak, he’s with his lawyer, a SAN; he attends to everyone who comes to see him, and he has a doctor who has attended to him. He eats what he wants to eat. I urge us to allow the law take its course. We’re not partisan nor prompted by anybody. This body is solely sponsored by the Federal Government,” Nzekwe said.

 

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