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GLOBACOM CHAIRMAN EMERGES STRONG ON WORLD’S RICH LIST

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7 years ago

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As recession creeps on Nigeria, holding the country down in a vice grip, like a kite caught under the wheels of a waste truck, industries collapse and merchants wallow in excessive decay and ruin. But quintessential African billionaire, Dr. Mike Ishola Agbolade Adenuga, the champion, stays immune to the ravages of the declining economy. Dr. Adenuga is something of a visionary.

But at the core of his vision is a deep sense of scale; a profound passion for industry and respect for the universe, in their separate immensities. The Globacom boss and billionaire nurtures abiding love and respect for fellow humans, particularly those whose minds can somehow span the depth of his industry and citizenship of humanity.

 

The GCON and CSG, is extremely wealthy and he’s never in competition with anyone, at home and abroad. The illustrious son of Ijebu land in Ogun state, is quiet about his God-given wealth even as he touches so many lives in Nigeria nay Africa. Little wonder, he and others are still standing firm on the Forbes list of billionaires for 2017, released a few days ago. The rankings also show that Dangote and Adenuga remain richer than US President Donald Trump, who lost about $1 billion in the last year — three times less than what Dangote lost.

 

The billionaire oil tycoon and chairman of telecom giant, actually got richer in 2016 even as the country and his fellow billionaire magnates bend and break under the weight of the hard times. According to Forbes Magazine, Adenuga’s net worth increased $2.7 billion to $5.8 billion since December 31, 2015. Within the timeline, no other African billionaire added more than $1 billion to his or her net worth. Adenuga’s net worth however, increased since the beginning of 2016.

 

No doubt, everybody lives in awe of Mike Adenuga. Maybe it’s because of his brilliance and dazzling excellence. Perhaps it’s because he is about as smooth as a stucco bathtub and yet a giant of a man, given to a life of quiet dignity. Adenuga is the best thing going for corporate Nigeria – in the telecoms sector to be precise. Call him what you want, but recognize him for what he is: a futuristic magnate cum problem solver. And an effective one at that. He’s soft-spoken, but driven by a fierce determination to bring progress to his beloved Nigeria and the African continent. That is why Globacom leads the telecoms revolutionary drive.

 

By his unusual exploits, Adenuga has charted a radical path to one of the world’s largest and most influential business organisations: Globacom. His leadership is authentic, and his focus on equality is nothing short of revolutionary, a clarion call for the world of philanthropy and an inspiration to fellow billionaires working for a more just and loving world. Adenuga’s life is certainly fantastic—the stuff of fairy tales, magazine covers and excellent portraits. But it’s crucial to note that he made his own destiny. He effortlessly melds into the roles of a diligent worker and responsible family man. This is why his business thrives and his family blossoms with amazing speed, sophistication and simplicity.

 

 

THISDAY

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Society

Concerns raised over whereabouts of security expert, Otunba Adejare Adegbenro

Published

19 hours ago

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May 3, 2024

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Concerns have arisen regarding the whereabouts of Amb. Dr. Otunba Adejare Adegbenro, a prominent Nigerian diplomat and security expert.

 

Amb. Adegbenro, known for his contributions to national security and international diplomacy, has reportedly gone missing after honoring a police invitation on April 26, 2024.

 

The Coalition of Civil Society Networks (CCSN), in collaboration with the International Human Rights Commission (IHRC), has raised alarm over his sudden disappearance.

 

According to information gathered from the management of NATCOM, Amb. Adegbenro was called by the Special Weapon and Tactics Team (SWAT) of the Nigeria Police Force to respond to a petition.

 

However, since his appearance, there has been no communication from him, and his family and associates have been unable to locate him.

 

Despite rumours of his release on April 29, 2024, his whereabouts remain unknown, with his phone unreachable.

 

Expressing concern over the situation, it is highlighted that Amb. Adegbenro holds a significant role as a Special Emissary of the International Society of Diplomats (ISD) and has been instrumental in fostering collaborations between Nigerian security agencies and international organizations like the EuroPolice Federation.

 

Citing the Vienna Convention on Diplomatic Relations (1961), a signatory to by Nigeria, calls have been made to President Bola Ahmed Tinubu and Inspector General of Police Kayode Egbetokun for transparency and adherence to due process in Amb. Adegbenro’s case.

 

The CCSN/OHC-IHRC NG emphasizes the importance of upholding human rights and the rule of law, urging authorities to provide clarity on his situation.

 

The statement further appeals to Nigerian authorities for intervention, stressing the necessity of a thorough investigation into the allegations against Amb. Adegbenro.

 

Justice and accountability are deemed essential in addressing the situation effectively.

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Society

Costal highway: Landmark Beach refunds customers after demolition

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20 hours ago

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May 3, 2024

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The management of Landmark Resort Beach says it has initiated the refund process for customers impacted by the recent demolition of portions of its properties by the Federal Government.

According to a statement posted on its X account on Friday by Landmark Africa, the parent company of Landmark Resort Beach, refunds are being facilitated through the Landmark Citizen App.

While acknowledging the patience of their customers, the management advised that completion of the refund process may be delayed due to the high number of requests.

“Dear Landmark Citizens, we would like to assure you all that we have started issuing refunds to those who requested a refund of their money on the Landmark Citizen App.

“Please be patient with us, due to the volume of requests, this process will take some time. Be rest assured that all refund requests will be processed,” the statement read.

A portion of Landmark Beach on Victoria Island, Lagos, was demolished on Monday to accommodate the Lagos-Calabar coastal highway.

Minister of Works, David Umahi has defended the demolition, citing that the Landmark centre encroached upon the Federal Government’s right-of-way.

The Breeze Beach Club, Mami Chula and other beach businesses were also demolished in the process.

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Society

Auwalu Abdullahi Rano: Ice block seller who became billionaire, owns 120 filling stations, 600 trucks, 60m litre tank farm

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20 hours ago

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May 3, 2024

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Alhaji Auwalu Abdullahi Rano, popularly known as A.A Rano, transformed from a humble boy from Kano Village into a billionaire magnate, overseeing a conglomerate that includes 120 filling stations across Nigeria.

Born into an average family in Lausu, Kano State, Rano started small, with an ice block and groundnut oil business, including other local items.

Rano has gone into building a multi-billion naira enterprise spanning various sectors of Nigeria’s economy.

Today, Rano owns AA Rano oil & Gas industry in Nigeria with 56 ML Tank farm in Lagos, with 120 retail outlet/ fillng stations across Nigeria and over 600 trucks & LPG terminals as well as acquired vessel (M.T LAUSAU).

His ventures include RanoGaz, a state-of-the-art Liquified Petroleum Gas (LPG) terminal, a rice milling company, Rano Lubricant, Rano Air, Lausu Marine and Logistics, AA Rano Terminal, and AA Rano Road Haulage.

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