Connect with us

Trending News

WALE TINUBU: THE GENERAL HOISTS YET ANOTHER VICTORY FLAG

Published

on

WALE TINUBU

 

To those who know him, the ability of Jubril Adewale Tinubu, Group Chief Executive, Oando Group Plc, as a strategist and winner has never been in doubt.

His many stories of happy ending has confounded many, leaving even his worst critics to acknowledge the abundance of God’s grace and wisdom in him. His feats as a hugely successful player in the dangerous and turbulent oil and gas sector are acknowledged, while his audacity to face challenges where others have fallen by the way side has made him a role model for starters trying to climb the rope of success.

Call him a soldier and champion, and you wont be wrong. The soldier recently recorded another victory in the volatile business battlefield. Of course, it is no longer news that Tinubu and his company, Oando Plc, have been at logger heads with the Securities and Exchange Commission (SEC) for some years now.

See also  Oando boss Wale Tinubu, Femi Otedola, Dangote, others to attend Nigeria-India presidential business summit

Expectedly, Tinubu had sought justice in the court of law. justice was served and he came out victorious on all fronts, including when Justice Ayokunle Faji, of the Federal High Court sitting in Lagos, on Friday, 5 July 2019, granted leave to him and Oando Plc leave to file a motion for a judicial review of the decision of the SEC.

The victory on the day was a three-in-one, as the court also granted an order of certiorari for the quashing of SEC’s directive to Oando to convene an extra-ordinary general meeting on or before July 1 to appoint new directors and articulate remedial measures for alleged corporate governance lapses. The court further granted an order of certiorari for the quashing of a press release by SEC on June 1 appointing an interim management team to be headed by Mr Mutiu Sunmonu (the third respondent) to oversee Oando’s affairs.

Two years on, the matter has finally been resolved, with Tinubu, the business’ soldiers’ General hoisting his flag of victory once again. This again, is no surprise to many, it is just another record broken in as tounding manner the champion extraordinaire.

See also  ‘You've raised the hopes of a Nation’- Wale Tinubu Congratulates Super Falcons

The deal by Oando Plc and the Securities and Exchange Commission (SEC) to end the legal battles was taken in the best interests of the company’s shareholders and the capital market.

The deal included payment of a sum of money and a commitment by the company to implement improvements in corporate governance.

This latest victory shouldn’t surprise anybody who know the Oando boss well enough. His audacity of hope and self assurance first manifested as a 27-year-old staff in his father’s law firm, when he quit to pursue his own pristine vision. You will recall that he took that audacious decision at a time when it was status symbol to work in your father’s firm.

The mustard seed that was deeped into the soil alongside his friends back then has germinated into an Iroko that not only gives shade to millions of people, but also feeds many millions spread across the world.

Aside his businesses, another aspect of his life that has probably been underreported is his philanthropy. In 2019, he, alongside some prominent Nigerians, visited the IDP camp in Maiduguri, Borno State to attend to the needs of some of the casualties of terrorism. Recently, he also donated books to 15 universities and two national libraries across Nigeria.

See also  Makinde mourns passage of Olubadan of Ibadanland

 

 

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Tinubu returns to Nigeria after state visit to UK

Published

on

By

President Bola Tinubu arrived in Lagos early on Friday following a two-day historic visit to the United Kingdom.

The president is expected to join Muslim faithful later in the day to mark the celebration of Eid-el-Fitr.

Tinubu and his wife, the First Lady, Oluremi Tinubu, touched down at about 1:15 a.m. at the Presidential Wing of the Murtala Mohammed International Airport.

They were received on arrival by top government officials and party members, including Lagos State Deputy Governor Femi Hamzat and Chief of Staff to the President, Femi Gbajabiamila, alongside other All Progressives Congress (APC) stalwarts.

See also  Oando Boss, Wale Tinubu adds another feather to his studded cap at New Telegraph awards
Continue Reading

News

Tinubu departs UK for Nigeria after historic state visit

Published

on

By

President Bola Ahmed Tinubu has departed the the United Kingdom for Nigeria following a high-profile state visit.

This was disclosed on Friday morning by the President’s Special Adviser, Information & Strategy, Bayo Onanuga.

“President Tinubu and First Lady Oluremi Tinubu depart London for Nigeria. President Tinubu and his wife are heading to Lagos for the Eid-el-Fitr celebration,” Onanuga wrote on his Facebook page.

The visit was marked by royal engagements, economic discussions and renewed diplomatic ties.

Tinubu was first received by King Charles III at Windsor Castle, where both leaders held talks aimed at strengthening relations between Nigeria and the UK. The visit featured ceremonial honours, including a carriage procession and a state banquet attended by senior members of the royal family.

At the banquet, Tinubu emphasised the importance of stronger cooperation between both countries. “Nigeria remains ready to deepen its partnership with the United Kingdom in trade, investment and shared prosperity,” he said. “We are committed to creating an environment that supports investors and drives sustainable growth,” Tinubu said.

See also  Oando boss Wale Tinubu, Femi Otedola, Dangote, others to attend Nigeria-India presidential business summit

On his part, King Charles highlighted the enduring relationship between the two nations. “The United Kingdom and Nigeria share deep and enduring ties. Our countries are bound not only by history, but by a shared commitment to opportunity, enterprise and cultural exchange,” the monarch said.

Beyond the royal engagements, Tinubu also took part in meetings with UK officials, including discussions linked to the government of Keir Starmer, focusing on economic collaboration and investment opportunities.

Speaking on the outcomes of the visit, Tinubu said: “This visit has opened new pathways for cooperation, particularly in infrastructure and trade. We look forward to translating these discussions into tangible benefits for our people.”

A key development from the trip was progress on an agreement involving the rehabilitation of Nigerian ports, valued at hundreds of millions of pounds. According to officials, the project is expected to boost maritime capacity and support economic growth.

Tinubu also acknowledged the significance of the visit, noting that it comes at a crucial time for Nigeria’s economy. “We are determined to reposition our economy through strategic partnerships such as this,” he said.

See also  ‘You've raised the hopes of a Nation’- Wale Tinubu Congratulates Super Falcons

Continue Reading

News

Good morning! Nigerian Newspapers Headlines: 2027 gov poll: Succession firestorm heats up in 10 states

Published

on

By

1. The simmering build-up to the 2027 general elections is rapidly giving way to an expansive and high-stakes succession season in at least 10 states, as governors in their final terms prepare to exit and a new generation of political actors moves to take their place.

Governors Babajide Sanwo-Olu (Lagos), Dapo Abiodun (Ogun), Seyi Makinde (Oyo), Bala Mohammed (Bauchi), Mai Mala Buni (Yobe), Babagana Zulum (Borno), Ahmadu Fintiri (Adamawa), Inuwa Yahaya (Gombe), Abdullahi Sule (Nasarawa), and AbdulRahman AbdulRazaq (Kwara) are in the final lap of their constitutionally permitted two-term, four-year tenures, and the battle for their successors has begun across the states


2. President Bola Tinubu on Thursday night departed London after a two-day historic visit at the instance of the royal family. He is expected to land in Abuja on Friday morning.


3. The Sultan of Sokoto, Muhammadu Sa’ad Abubakar, has called on the Nigerian military to adopt a more proactive strategy against terrorist groups in the wake of deadly bombings in Maiduguri, Borno State.
Abubakar made the appeal on Wednesday evening while declaring Friday as Eid-el-Fitr, marking the end of the Islamic holy month of Ramadan.


See also  AFCON Semi-Final: Oando boss, Wale Tinubu congratulates Super Eagles

4. Governor Babagana Umara Zulum of Borno State says the time of Boko Haram informants and their sympathizers is up, vowing that they would be tracked and made to face the full wrath of the law. The governor gave the warning during a state-wide broadcast on Thursday.


5. There was panic at St. Matthias Catholic Church, Agulu, in Anaocha Local Government Area of Anambra State, after a fully loaded lorry crashed into the church premises and caught fire. The incident, which occurred late on Wednesday along the Agulu Lake–Golden Tulip Hotel Road, caused gridlock as motorists slowed down while emergency responders battled to contain the blaze.



6. Nigeria has entered into a fresh agreement with the United Kingdom that will enable British authorities to repatriate thousands of failed asylum seekers and convicted offenders to the West African nation. The deal was formalised by Interior Minister Olubunmi Tunji-Ojo and UK Home Secretary, Shabana Mahmood during President Bola Tinubu’s official visit to Britain.


See also  APC postpones launch of  campaign council, to expand team

7. Combined security operatives have arrested three suspected bandits linked to the February 3, 2026 attack on Woro village in Kaiama Local Government Area of Kwara State. The arrest was disclosed on Thursday by the Senior Special Assistant on Media to Governor AbdulRahman AbdulRazaq, Ibraheem Abdullateef, in a Facebook post.



8. The National Drug Law Enforcement Agency, Kano Strategic Command, has arrested a suspect and recovered 510 blocks of cannabis sativa in a major pre–Eid-el-Fitr operation. The State Commander, D.Y. Lawal, disclosed this in a statement issued on Thursday by the command’s Public Relations Officer, Assistant Superintendent of Narcotics, Sadiq Muhammad Maigatari.


9. Nigeria has been ranked the fourth most terrorized country in the world, according to the Global Terrorism Index, 2026, released by the Institute for Economics & Peace, a non-profit think tank headquartered in Sydney, Australia. The report showed that 750 Nigerians lost their lives to terrorism in 2025, representing a 46 per cent increase compared to the previous year.



See also  Supreme court stops CBN from enforcing Feb 10 deadline on old naira notes

10. The Police Command in Enugu State has detained three suspects in coordinated crime prevention operations across the state, recovering a firearm, ammunition and a tricycle. The command’s spokesman, SP Daniel Ndukwe, disclosed this in a statement issued on Thursday in Enugu. Ndukwe said that on March 15, about 9 a.m., operatives on patrol along Enugu-Port Harcourt Expressway intercepted an unregistered tricycle.

Continue Reading

Trending News