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RICH LIKE SIN! THE AMAZING WEALTH AND GUILTY PLEASURES OF AMBODE’S FORMER PA, BUNMI ARIYO

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*Why He Embarks on Property Acquisition Drive

*His Untold Secrets and Stakes in the Business Sector

It is often said that youth is the season of credulity but, in his youth, Bunmi Ariyo reforms naiveté into the wisdom of the ancients. The former Personal Assistant to former Governor Akinwunmi Ambode understands that experience is the name foolish people give their mistakes hence, he set out to evade such mortal blunders very early in his life.

Yes, he understood quite early in life, that there are no little ways to imbue his life with grandeur. He understood that money matters in the mix, in his pursuit of ease and luxury. More importantly, he regarded money as the only sunbeams that lights his path to grandeur. Nothing is black where it shines. That is why his life is radiant with light. While he served as PA, Bunmi worked very hard and saved very hard, his hard-earned money. Today, he is reaping the fruit of his labour. He understands that true wisdom emanates not from a moment’s eloquence or from any happily chosen word, but from the accumulation of a lifetime’s thoughts stored up in the eyes and given life in well thought out actions. Such priceless sagacity and proximity to power during Ambode’s administration became the fulcrum on which he rose to become one of the biggest collectors of properties in Lagos.

In his mid 40s, Bunmi parlayed his political influence into solid wealth and has been acquiring choice property in every available area across Lagos. Whether on the Lagos Island or the mainland, Bunmi has parcels of land and sometimes, houses where they matter. Months back, he bought over a massive property in Opebi, Ikeja; a lot of properties in upscale GRA, Ikeja and recently bought a massive one on a major street in GRA from one of the Ogunlesi brothers (Fola, Lanre and Kayode). His property acquisition drive no doubt reveals his innate passion to succeed where several of his predecessors and colleagues failed. Don’t blame him, he understands that political office and power are temporary perks in the life of a man hence, his determination to acquire as much property as he can and prepare for life after office. Until his appointment as Ambode’s man Friday, Bunmi had no socio-economic visibility. But with the appointment came a different level of prosperity as he became the unofficial powerbroker and favour dispenser before whom every contractor who had any business to do with the state, had to genuflect or bend double as the case may be in order to enjoy the governor’s good graces. He brooked no disrespect or dissent from any one no matter how highly placed. Sooner, the new billionaire had men worshipping him while ladies openly and dreamily gawked at him and wherever he went, the ground literally trembled. In spite of the fact that Ambode is out of government, Bunmi is still very liquid and he has not stopped his property acquisition spree.

Source: thecapital.ng

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Just In: UNILAG Governing Council Sacks Vice Chancellor Professor Oluwatoyin Ogundipe

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The Governing Council of the University of Lagos, UNILAG, on Wednesday removed Professor Oluwatoyin Ogundipe as the vice-chancellor of the institution.

Professor Ogundipe was removed following the council’s meeting held at the headquarters of the National Universities Commission, Abuja.

The meeting was presided over by its Pro-Chancellor and Chairman of Council, Dr. Wale Babalakin (SAN).

READ ALSO: Lagos Poorly Represented In Federal Controlled Public Institutions– Sanwo-Olu

11 of the 12 council members at the meeting were said to have voted for the removal of Prof. Ogundipe.

He was accused of financial impropriety and gross misconduct.

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WE ARE WITH YOU ON THIS JOURNEY, SPEAKER OBASA’S LAW SCHOOL COLLEAGUES SAY.

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The Nigerian Law School, Victoria Island, Lagos colleagues of Rt. Hon. Mudashiru Ajayi Obasa, Speaker, Lagos House of Assembly, has promised to support him in his political journey as well as constantly set the record straight where necessary. The lawyers made the promise when they paid the Speaker a solidarity visit on Tuesday, August 11, 2020, at his Lagos House of Assembly office. The lawyers lamented the damage fake and unverified news has done to Nigerians. They said the solidarity visit, apart from standing with him, was an opportunity to confirm that Obasa, graduated from Law School against claims by an online medium, Sahara Reporters. They presented to the Speaker copies of Nigerian Law School Year Book – 2008-2009 which contains names and pictures of members of that year set including that of the Speaker which was on page 214. Obasa thanked the lawyers for the visit and told them he was unperturbed by the fake stories.

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NDDC: Pondei lists contracts allegedly paid under ‘duress’ to get budget approval

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The Acting Managing Director of the Niger Delta Development Commission (NDDC), Prof. Kemebradikumo Daniel Pondei, weekend, listed some of the contracts the Commission was allegedly coerced to pay by the National Assembly before its 2019 annual budget could be harmonized.
He alleged further that some Lawmakers, especially members of adhoc Committees held the Commission hostage over the years with the annual budget approval.

According to him, most of the contracts they were arm-twisted to pay, “were never done or sometimes, never completed.”
Pondei in a statement signed by his Special Adviser on Media, Edgar Ebigoni, listed the contracts and benefitting firms to include; Kith Global Ventures Ltd; Remedial Works at New Ogorode Roads Lot 3, at the cost of N493,684,169.00 and paid on the 17/03/2020, 301 Constr. Ltd; Remedial Works at Nja Road to Akoku Uno Lot 1, at the cost of N350,027,919.80 and paid on the 17/03/2020. Cracked Stone Constr. Ltd; Remedial Works at Ajaolubeti Road Environs Lot 2 at the cost of N394,010,952.10 and paid on the 17/03/2020. Collincrystal Energy Ltd; Emergency at Benin Township Road Lot 7, at the cost of N 431,053.035.20 and paid on the 17/03/2020. Collincrystal Energy Ltd; Emergency at Benin Township Road Lot 3, at the cost of N361,357,276.20 and paid on the 17/03/2020 and Grapik Ltd; Emergency at Umudee Internal Road, at the cost of N207,673,107.70 and paid the 17/03/2020.
Others were, Southland Constr. Ltd; Remedial Works at Umuduru Chukwu Umuorlu Road, at the cost of N518,409,089.30 and paid on paid on the17/03/2020. Southland Constr. Ltd; Remedial Works at Umuduru, at the cost of N519,949,949.10 and paid on the 17/03/2020.
Grandfox Global Services Ltd; Emergency at Ope Road Okigwe LGA, at the cost of N580,438,578.00 and paid on the 17/03/2020. Collincrystal Energy Ltd; Emergency at Benin Town Road Lot 6, at the cost of N348,853,184.60 and paid on the 7/03/2020 and Crism Constr. Building Ltd; Emergency at Eziama Osuama International Roads Isiala Mbano LGA, at the cost of N561,592,377.80 and paid on the17/03/2020.
Also paid were, Argento Ltd; Emergency at Benin Township Road Lot 4, at the cost of N382,805,411.60 and paid on the 18/03/2020. Two Rocks Cont. Ltd; Remedial Works at New Ogorode Road Lot 4, N500,875,848.00 and paid on the 18/03/2020. Elkan Zibson Ltd; Emergency Repairs of failed and unmotorable sections of Ezumoha Internal Roads Isiala Mbano LGA, at the cost of N531,150,414.29 and paid on the 19/03/2020. Cracked Stone Constr. Ltd; Remedial works on Failed and Unmotorable sections of Benin Township Road Lot 8, at the cost of N417,806,787.01 and paid on the 19/03/2020. PDH Global Logistics Ltd; Emergency Repairs of Failed and Unmotorable sections of Umuezuo Umuagbavu Road Remedy Failed and unmotorable sections of Chikwe Orlu Street Environment, at the cost of N543,247,587.35 and paid on the 20/03/2020. Aritel Oil and Gas; Remedy Failed and Motorable sections of Chikwe Orlu Street Environment, at the cost of N550,100,132.34 and paid on the 24/03/202.
Dis Concept and Solutions Ltd; Urgently Remedy Failed and Un motorable sections of Jessy and Jenny Road off peter Odily Road PHC, at the cost of N476,794,367.22 and paid on the 26/03/2020. Ogugo Concept and Solutions Ltd; Emergency Repairs of Failed and Unmotorable sections of Environs Yenagoa LGA, at the cost of N300,029,695.14 and paid on the 26/03/2020. Webster Global ventures Ltd; Instruction of emergency Repairs of failed and unmotorable sections Benin Township Road Lot 2 Oredo LGA, at the cost of N357,242,054.35 and paid on the 26/03/2020. Webster Global ventures Ltd; Remedial Works of Failed and unmotorable sections of Akuku Illah Road Oshimili North LGA, at the cost of N 463,489,890.13 and paid on the 26/03/2020 and Webster Global ventures Ltd; Remedial Works of failed and Unmotorable sections of New Ogorode Road Lot2 Sapele LGA, at the cost of N 466,416,380.71 and paid on the 26/03/2020.
He alleged “this blackmail scheme explains why the 2019 Budget of the NDDC was passed by the NASS Committee in March, 2020”, adding that, “we are talking about a budget that was billed to expire in May, 2020. This implication is that the management of the NDDC had only five weeks, to implement the budget of one fiscal year, and present a performance report on the same budget.

“This scheme has continued to play out, because as at this Month of August 2020, the budget of the NDDC for the 2020 fiscal year has not been passed by the Joint National Assembly Committee on NDDC. Sadly, nobody seems to care to ask questions because people are falling for the well-scripted smokescreen playing out in the two Chambers of the National Assembly.”
According to the statement, “this document, is among the many others tendered before the NASS Committee, which never saw the light of the day, and which the NDDC Committee were never allowed to speak on, when they eventually appeared before the Committee, during the public hearing. It was based on this evidential claim that the IMC of NDDC staged a walk-out, on the first day they were to testify before the Committee.
“The details of this list can be verified from the Central Bank of Nigeria, through a Freedom Of Information (FOI) request.
“Indeed, the same allegation informed the reason all well-meaning Nigerians urged the Committee Chairman, Hon. Tunji-Ojo to recuse himself from the Chairmanship of that hearing. This is in keeping with the Nemo judex in causa sua, which is a Latin phrase that upholds the principle of natural justice that no one can judge a case in which they have an interest”.
It continued that, “it is very unfortunate that against all objective appeals and moral persuasions, Hon. Olubunmi Tunji-Ojo, alongside some other accused members of the House Committee on NDDC, proceeded to hold a public hearing, which was initially slated for two days, being the 15th and 16th of July 2020, but which effectively ran till 20th of the month, only for him to decide, at his own pace and time, to recuse himself from the hearing, on the last day, an action which cast a dark shade on the entire public.
“This is because, the same reason for which he recused himself on the last day was enough for him to steer clear from the matter, ab initio. The foregoing points to a clear fact that the Committee set out to do a bidding, that was never in the interest of the public. They obviously needed a public hearing to tell the public what they wanted the public to hear, rather than the facts of the matter.
“The Spokesperson the House of Representatives, Hon. Benjamin Kalu, on a National Television Programme, recently, admitted publicly, that Contractors often approached Chairmen of the House Committees and the members, to use their office to compel MDAs to pay them. This definitely should be the new height of the abuse of the oath of office they swore, not to allow their personal interest interfere with the discharge of their official duties.
“Recall that since these allegations were first made by the Acting Executive Director, Projects, Dr. Cairo Ojougboh on National Television, Hon. Olubumni Tunji-Ojo has not deemed it fit to discountenance the allegations by way of a law suit”.
The statement also gave a detailed breakdown of the contracts which the National Assembly allegedly compelled the NDDC Interim Management Committee to pay before the 2019 budget is harmonized.

– The Nation

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