Adron Homes Visits Ooni, Unveils Partnership for Olojo Festival
In alignment with its commitment to promoting Nigeria’s cultural heritage and supporting national development and sustainability, Adron Homes and Properties has recently unveiled sponsorship and partnership with the House of Oduduwa for the 2024 Olojo Festival in Ile-Ife, Osun State.
This significant collaboration was revealed during a courtesy visit by Adron Homes and Properties management, led by Managing Director Mrs. Adenike Ajobo, to the Ooni of Ife and the progenitor of Yoruba Race, Ooni Adeyeye Babatunde Enitan Ogunwusi Ojaja II CFR, on September 19, 2024, at his Enuwa palace. For the past six years, Adron Homes and Properties has been a proud sponsor of the Olojo Festival, which marks the new year in Yoruba cosmology. This historic festival attracts visitors from diverse backgrounds who come to celebrate with the Ooni as he dons the sacred Aare crown and offers prayers for the well-being of the Yoruba people, both locally and in the diaspora.
In a message from Aare Adetola Emmanuel-King, Chairman and CEO of Adron Homes, Mrs. Ajobo emphasized the festival’s importance to the Yoruba community. She stated, “Adron will always support excellence and initiatives that promote Nigeria’s cultural uniqueness and diversity. This year’s theme, ‘Evolving Transformational Domestic Tourism with Community Festivals,’ perfectly encapsulates the essence of cultural heritage as a vital driver of economic progress. The Olojo Festival has evolved into an international showcase of our traditions and the potential of domestic tourism for sustainable development.”
She continued, “The Olojo Festival is a celebration of unity, resilience, and the rich cultural values of the Yoruba people. At Adron Homes, we view this festival not merely as a cultural event but as a platform for economic empowerment and transformation. Domestic tourism, driven by community festivals like Olojo, can significantly boost local economies, create job opportunities, and attract investments. Our mission aligns seamlessly with our commitment to providing affordable and accessible land and housing solutions across Nigeria and the diaspora.”
Adron Homes also highlighted that the Ooni’s dedication to promoting local tourism and preserving cultural traditions was a key factor in the company’s continued support. “As we unveil the 2024 Olojo Festival, Adron Group stands firmly behind His Majesty’s vision of utilizing community festivals to drive transformational domestic tourism. We believe in the synergy of culture, tourism, and real estate development as a pathway to a stronger, more prosperous Nigeria. Together, we are committed to enhancing our communities and ensuring that both our land products and our communities continue to thrive in harmony with the values that define us.”
Speaker Obasa Celebrates First Lady Oluremi Tinubu At 64
– calls her Nigeria’s shining light
The Speaker, Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, has congratulated Senator Oluremi Tinubu on her 64th birthday describing her as a compassionate Nigerian dedicated to impacting the citizens of the country.
In a message by the Speaker’s media office, Dr. Obasa noted the First Lady’s courage, commitment to a better society, support for the President, Asiwaju Bola Tinubu, and her belief in an egalitarian society.
The Speaker further described her as a shining example of a Nigerian woman who commits her life and service to lifting the downtrodden.
“The First Lady’s love for Nigeria and her roles in national unity and development are worthy of emulation by every well-meaning citizen. She has continued to touch lives across the country, particularly lifting women and children out of poverty.
“With her philanthropic activities, it is noteworthy that Senator Tinubu has continued to etch her name in the history of Nigeria as a politician of repute, a champion of the downtrodden and an advocate for the youth, the aged and good governance,” Dr. Obasa said in a statement by his Chief Press Secretary, Eromosele Ebhomele.
The Speaker added that right from the time she played roles as First Lady of Lagos, Senator Oluremi Tinubu has remained a crusader for a more vibrant democracy in the country.
According to Obasa, “our First Lady has been a great pillar of support for the President as she takes up roles that further unify the country.
“History will never forget how, with Asiwaju Bola Tinubu, she played her part in the fight that finally gave birth to the democracy currently practised in Nigeria.
“As a true mother, she ensured that those exiled during the fight against the annulment of the June 12, 1993 presidential election result won by Chief MKO Abiola were adequately cared for.
“It is also noted that as First Lady of Lagos State, she made sure that the children of the poor were lifted through educational programmes including The Spelling Bee Competition, which, delightedly, has produced great minds and future leaders.
“As a Senator, she stood for anything that would add to the growth and progress of Lagos in many capacities making the State proud of her. We can never forget the impact of her New Era Foundation through which many Nigerians were given fresh reasons to live.
“On this occasion of her 64th birthday, I pray, on behalf of my family and colleagues at the Lagos State House of Assembly, that God continue to fill her with His grace, good health and divine wisdom to carry on with the good work for which we remain proud, amen.”
WEMA BANK SET TO LAUNCH SEASON 4 OF ITS 5 FOR 5 PROMO REWARD INITIATIVE From October 1st, 2024
Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, is set to launch the 4th season of its transformative reward initiative, the Wema Bank 5 for 5 Promo. The highly anticipated Season is scheduled to kick off on Tuesday, October 1, 2024.
Introduced in 2021 the Wema Bank 5 for 5 Promo is a reward initiative pioneered by the Bank with the goal of rewarding its diverse range of customers for active loyalty to the brand, its products, and offerings. The Promo is executed seasonally via thoroughly regulated live draws where winners are selected from the Bank’s pool of active and transacting customers, based on the stipulated minimum requirements and modalities of the season. With benchmarks for qualification set as low as N5,000 in monthly transactions, the Wema Bank 5 for 5 Promo has evolved through each season, solidifying its repute as a source of hope, financial support, business growth and goal acceleration for thousands of Nigerians nationwide.
Over the course of 3 seasons, the 5 for 5 Promo has disbursed over N150,000,000 to 2,378 Nigerians across the six geopolitical zones in Nigeria, with 639 customers winning N31,500,000 in season 1, 539 winning N31,850,000 in season 2 and 1,200 winning N90,000,000 in the 3rd season of the 5 for 5 Promo which spanned August 2023 to July 2024. As a new season of the Wema Bank 5 for 5 Promo approaches, tensions are heightening as Nigerians await a new season of financial rewards and pleasant surprises from Wema Bank. Customers of the Bank are encouraged to request a debit card or get onboarded on the ALAT app and *945# and start transacting via any of these channels in anticipation of the season’s kick-off. Other Nigerians interested in participating are encouraged to open Wema Bank/ALAT account(s) to get started.
Reiterating the Bank’s commitment to providing a rewarding banking experience for its customers, Moruf Oseni, MD/CEO of Wema Bank, elaborated on the significance of the Wema Bank 5 for 5 Promo for its customers. “At Wema Bank, we have made it a duty and core value to provide optimum returns for our customers, and this commitment is evident in all that we do as a Bank. ‘Optimum returns’ for Wema Bank is limitless which is why we continue to raise the bar and set new standards, innovating new and improved ways to provide a highly rewarding banking experience for our customers. It is this sense of duty to our customers that inspired the launch of the Wema Bank 5 for 5 Promo”.
“The past seasons of the Wema Bank 5 for 5 Promo have been highly successful, but I can assure you that the coming season will be the biggest in 5 for 5 Promo history to date. We are, yet again, raising the bar, and with more to win this season, every Wema Bank customer is in for a treat. It’s beyond the rewards customers are getting. With the 5 for 5 Promo, we are telling customers that we’re grateful, showing them that we care, and empowering lives and businesses to thrive. Through this initiative, we have made undergraduate millionaires, established businesses across Nigeria, boosted existing ventures despite economic fluctuations, given hope to Nigerians of various ages and walks of life; and this season, we are more than prepared to exceed all milestones, break new ground and transform more lives for the best. The Wema Bank 5 for 5 Promo Season 4 kicks off on October 1 and we have a special Independence Day live draw to kickstart the season, so I welcome every Nigerian to Wema Bank and encourage all to get on ALAT, request a Wema/ALAT card or onboard on *945# and get ready for an intriguing new 5 for 5 Promo Season, bigger than ever before”, Oseni concluded.
The Wema Bank 5 for 5 Promo season 4 promises to be a game changer and every Nigerian can participate and secure big wins throughout the season by being a Wema Bank customer and getting onboarded on the valid transaction channels which include the ALAT app, the Wema/ALAT card and the Bank’s USSD Banking platform, *945#.
All transactions made using the qualifying Wema Bank and ALAT transaction channels from October 1, 2024, are potentially qualifying transactions and could secure rewards ranking in millions for Nigerians across Nigeria.
T&Cs Apply.
The Segun Agbaje GTCo’s Underhand Tactics that Destroyed Toyin Subair‘s Highflying HiTV Media Dream
…Agbaje’s Record of Financial Betrayal: The HiTV Collapse and Beyond
By Abubakar Musa
You couldn’t have forgotten so soon, many years ago, inside the massive banking hall of GT Bank, Toyin Subair wept and wailed. Yet nothing happened. Toyin was down and out, grunting and growling, but the bankers were ready to fight to the finish.
Indeed, in the complex corridors of Nigerian power and business, tables often turn, and those once perceived as underdogs can quickly rise to newfound prominence. Such is the case of Toyin Subair, the former HiTV boss, who has re-entered the political elite as the Special Assistant on Special Duties and Domestic Affairs to President Bola Tinubu. Once ruthlessly hounded by Segun Agbaje, the Group Chief Executive Officer of Guaranty Trust Holding Company (GTBank), Subair is now determined to use his newfound clout to repay Agbaje for the calculated destruction of his once-promising digital satellite broadcaster, HiTV.
Subair’s ascension to the presidency’s inner circle has rattled Agbaje, whose insidious role in bringing HiTV to its knees is widely known. What was once a professional and financial downfall for Subair has transformed into a determined vendetta. With the tables now turned, Subair is poised to extract his pound of flesh from the GTBank boss, using his leverage to settle the score.
Agbaje’s Role in HiTV’s Collapse: A Plot of Financial Ruin
HiTV was once a beacon of innovation in Nigeria’s media landscape. Launched with the ambitious goal of bringing premium football leagues such as the English Premier League and UEFA Champions League to millions of Nigerians, HiTV held a unique position as an indigenous digital broadcaster that was competing with global media giants. Its visionary founder, Toyin Subair, was widely hailed as a trailblazer in the media industry.
However, Segun Agbaje saw an opportunity not to support Subair’s promising enterprise, but to exploit and eventually crush it. Under the guise of financial assistance, GTBank extended a series of loans to HiTV between 2007 and 2010. The N9.5 billion loan package was structured not as a genuine lifeline, but as a trap—a set of onerous terms that would suffocate the company’s cash flow and make it impossible to meet its obligations.
What followed was a carefully orchestrated financial downfall. The loans were designed to bleed HiTV dry, with crippling interest rates that drained the company’s resources. Agbaje, in his role as GTBank’s chief, weaponized the bank’s facilities to ensure HiTV’s inevitable collapse. It wasn’t a failure of business on Subair’s part; it was a deliberate and calculated plot by Agbaje to eliminate HiTV as a business rival.
By 2011, HiTV had crumbled under the weight of its debts. Agbaje’s shrewd manipulation of financial instruments, paired with GTBank’s ruthless collection tactics, ensured that Subair would never reclaim the dream he had built. Agbaje’s successful exploitation of HiTV stands as a grim case study in how far some banking executives will go to assert control and crush competition.
Corporate Warfare: How Agbaje Weaponized GTBank and Law Enforcement
Agbaje’s destruction of HiTV wasn’t limited to financial instruments alone. When the company began to falter under the weight of its debts, he ramped up pressure through more aggressive and overt tactics. With HiTV on the verge of collapse, Agbaje called in the debts and unleashed a barrage of lawsuits against Subair and his company. Legal petitions flooded the courts, and Subair found himself embroiled in a vicious legal battle, while HiTV was buried under an avalanche of litigation.
Agbaje’s cunning extended beyond the boardroom and into the legal sphere. Leveraging his influence over law enforcement and legal agencies, he ensured that HiTV would have no chance of recovery. Law enforcers and banking regulators, seemingly bent to his will, became instruments of HiTV’s demise. Subair, once a celebrated entrepreneur, was left helpless as Agbaje systematically dismantled everything he had built.
Pundits argue that if Subair had been more cautious and courageous, he might have found a way to defy Agbaje’s vampiric tactics and reclaim HiTV. But Agbaje’s elaborate scheme left little room for maneuvering. The GTBank chief’s playbook for exploiting corporate clients was perfected to such an extent that few could withstand his onslaught.
Agbaje’s Reputation as a Corporate Villain
In many circles, Agbaje’s reputation as a shrewd but morally bankrupt banking executive has only grown since his success in neutralizing HiTV. His modus operandi—extend generous loans under predatory terms, then crush the debtor when repayment becomes impossible—has been employed in multiple instances, with Subair’s case being one of the most publicized.
Agbaje’s track record of exploiting and extorting promising entrepreneurs has earned him the image of a corporate thug—someone more interested in financial domination than in legitimate business growth. As critics point out, he has turned GTBank into a weapon of financial destruction, targeting companies like HiTV, only to leave them in ruins while the bank walks away unscathed.
The collapse of HiTV was not an isolated event but part of a broader pattern of corporate treachery. Agbaje, through his shadiness and corporate criminality, has positioned himself as a figure more feared than respected in the world of Nigerian banking. His critics argue that his success comes not from brilliance or innovation, but from his ability to manipulate financial systems to serve his personal ambitions at the expense of others.
Subair’s Return: Poised for Payback
Fast forward to today, and Toyin Subair is no longer the defeated entrepreneur licking his wounds after the HiTV collapse. As a close aide to President Bola Tinubu, Subair has regained his footing and now wields significant influence in Nigeria’s political high society. This newfound relevance has become a source of anxiety for Segun Agbaje, who must now reckon with the possibility that Subair will use his position to seek retribution for the destruction of HiTV.
Pundits speculate that Subair is leaving no stone unturned in his quest for payback. The scars of HiTV’s collapse remain fresh, and Subair’s determination to even the score has only grown stronger over the years. Now, with the backing of the country’s highest office, Subair is in a position to bring Agbaje to book for the calculated corporate warfare that ruined his digital broadcasting dream.
Agbaje, once the predator in control, may now find himself vulnerable as Subair eyes the opportunity to extract his pound of flesh. The former HiTV boss is poised to turn the tables, using every tool at his disposal to ensure that Agbaje faces the consequences of his ruthless tactics. For Subair, this isn’t just about financial retribution—it’s about justice for a dream destroyed and a legacy stolen.
As Agbaje continues to face public scrutiny for his role in the collapse of HiTV, the rise of Toyin Subair serves as a stark reminder that power dynamics can shift dramatically. And for Segun Agbaje, the reckoning may have only just begun.
Sterling Bank may face Customers’ Exodus after 2 Weeks Operations Shutdown over Suspected Cyber Attack
The exodus of IT egghead from the banking industry due to administrative lapses is a problem that has exposed many bank clients to untold hardship, recently customers of Sterling Bank were left stranded as the financial institution’s banking operations were disrupted due to what the bank called technical glitch but was alleged to be cyber-attack.
Findings revealed that the crisis that lasted for two weeks was an indiscriminate disappearance of money from customers’ account being experienced by some while other customers also have huge amounts appearing in their account out of thin air, and before these could lead to bigger disaster the whole banking operations was shut down preventing nearly all banking activities for more than 14 days.
It was more than two weeks after that the bank later allowed their customer access back to their account, this situation has thereby caused the customers untold hardship with no form of compensation from the bank apart from opening their banking hall on Saturday for banking activities.
Many Sterling Bank customers were left stranded and unable to gain access to their account both in the banking halls and other platforms for this period and some were made to suffer embarrassments while other incurred losses.
According to one of the affected customers “I was embarrassed by the person who is supposed to collect thrift from me as I am the coordinator of a thrift group, the worst is people are sending money into the account from other banks and the bank is not rejecting it, but I can’t verify if the money entered into my account or not, the worst is the person collecting next want to you it to pay her house rent, for the one week before the issue was rectified, her calls did not give me any breathing space” she explained.
Another customer of the bank who lamented that the bank suspension of banking operations said “I missed a very great opportunity because my bank suspended financial operations on all accounts, there is a chance for me to register for a course for reduced price with a few days window but I lost it to my bank issue, there is need for me to have another bank account as I cannot risk exposing myself to such disappointment again
There is need for Tunji Bello, led Federal Competition & Consumers Protection Commission (FCCPC) to be up and doing especially in terms of the anomalies that are a regular occurrence in the country’s financial sectors. Recently the Sterling Bank held their customers to ransom over issue suspected to be a cyber-attack but which the bank claimed is a glitch.
Sterling Bank customers were left stranded for about two weeks when transactions and the only compensation to the untold hardship faced was the announcement of the banking halls opening for services just one Saturday. This has further angered some longtime customers who are hinting at migrating their banking to another bank that may be having semblance to a good cyber security to forestall being left in the loop again in the future.
N1 Trillion Profit: GTCO’s CEO Segun Agbaje under the Searchlight as EFCC, FIRS to Allegedly Investigate Suspected False Half-Year Declaration
Guaranty Trust Holding Company Plc (GTCO) is under scrutiny following its recent declaration of a staggering N1 trillion half-year profit, prompting investigations by the Economic and Financial Crimes Commission (EFCC) and the Federal Internal Revenue Service (FIRS). The extraordinary profit figure has raised suspicions, with insiders suggesting it may be an attempt to outshine competitors, casting doubt on the bank’s financial integrity.
Chief Executive Officer Segun Agbaje is at the center of the controversy. Reports indicate he is reconsidering the profit declaration amid mounting pressure from board members who are unhappy with the lack of transparency. Many directors feel that this decision could tarnish the bank’s reputation, with one board member stating, “This isn’t just about money—it’s about maintaining the integrity of the institution.”
Tensions are rising within the board, with discussions of a possible vote of no confidence against Agbaje, reflecting growing dissatisfaction with his leadership amid a series of controversies. Employees, caught in a toxic work environment, fear repercussions if the profit claim is found to be false. Many express frustration over an autocratic culture where dissent is discouraged.
Analysts warn that if GTCO is found guilty of profit manipulation, the implications could be severe. Trust, crucial in banking, may erode, jeopardizing the institution’s market position and customer confidence. The scandal raises broader concerns about corporate governance and leadership ethics within the bank.
As investigations unfold, the future of GTCO hangs in the balance, with potential ramifications not only for the bank itself but for Nigeria’s banking sector as a whole.
Adron Games 2024 Unveiled: ‘Fit to Be the Biggest’ with Sports Icons Daniel Amokachi and Mutiu Adepoju Leading the Charge
Adron Homes & Properties is excited to announce the official unveiling of the 7th edition of the Adron Games, tagged “Fit to Be the Biggest”. The 2024 edition is set to take place at the renowned Lekan Salami Stadium, Adamasingba, Ibadan, from November 29th-30th, 2024, marking the second time the city of Ibadan will host the prestigious sporting event.
The Adron Games is a national platform designed to promote physical fitness, wellness, and community engagement through sports. Having previously held successful editions in Ogun and Lagos states, the 2024 edition is expected to attract over 10,000 athletes and fitness enthusiasts from across Nigeria.
The theme of this year’s Adron Games, “Fit to be the Biggest”, perfectly captures the spirit and ambition of the event. It signifies both the physical and metaphorical journey to greatness, where athletes, fitness enthusiasts, and even spectators are encouraged to embrace the challenge of becoming their best selves—physically, mentally, and competitively.
The theme also promotes the idea that fitness is essential to achieving greatness, whether through competitive sports or in everyday life. It motivates participants to push their boundaries and excel, whether on the field, court, or track, and ultimately reminds them that the journey toward fitness and excellence never stops.
This year’s games will feature a wide array of sporting disciplines, including Football, Basketball, Volleyball, Athletics, Table Tennis, Snooker, Shot Put, Long Jump, E-sports, and the fan-favorite Tug of War.
In a special highlight, Nigerian football legends Daniel Amokachi and Mutiu Adepoju have been announced as the official ambassadors of the event. Both are renowned for their contributions to Nigerian football and are expected to inspire athletes and spectators alike with their presence.
Key Event Highlights:
* Event Dates: November 29th-30th, 2024
* Venue: Lekan Salami Stadium, Adamasingba, Ibadan
* Ambassadors: Daniel Amokachi, Mutiu Adepoju, Vanessa Jones and MC Relax
* Sporting Events: Football, Basketball, Volleyball, Athletics, Table Tennis, Snooker, Shot Put, Long Jump, E-sports, and Tug of War
* Special Guests: Sports icons, fitness personalities, and celebrity appearances
* Participants: Over 10,000 athletes and fitness enthusiasts
* Prizes: Cash prizes, trophies, and awards for winners in various categories
Speaking at the unveiling, Daniel Amokachi emphasized the importance of corporate sponsorship in fostering young Nigerian talents, praising Adron Homes for their commitment to promoting sports.
He said “Sports in Nigeria need more support from businesses and brands to help discover and nurture talents among our youth. Organizations like Adron Homes, through their consistent support of sports, are boosting Nigeria’s global sports performance,” Amokachi said.
Meanwhile, Mutiu Adepoju lauded the unifying and transformative power of sports and commended Aare Adetola Emmanuelking, Group Managing Director of Adron Homes, for his unwavering commitment to organizing this event annually. “Sports is a powerful tool for unity and fitness, both physically and mentally. I commend Aare Adetola Emmanuelking for his continuous support of sports by organizing this prestigious event. His dedication is vital to the development of sports and the empowerment of youth in Nigeria,” Adepoju remarked.
it will be recalled that, Adron Games is an annual sporting event organized by Adron Homes & Properties to promote physical fitness, wellness, and community engagement through sports. Since its inception, the event has grown into a major national platform, bringing together thousands of athletes, corporate teams, and fitness enthusiasts in the spirit of competition and fun.
Adron Homes, through this sporting event, encourages everyone to view fitness and sports as key to unlocking personal and communal growth, building healthier lifestyles, and fostering unity across different regions, backgrounds, and demographics. “Fit to be the Biggest” represents not only the size and scope of the event but also the opportunity for everyone involved to elevate themselves and inspire others through the power of sport.
For more information, sponsorship, vendor registration and inquiries, please contact: Abiodun 08138432335
Segun Agbaje led GTCO’s Controversial N1 Trillion Profit: A Facade of Financial Triumph?
In a country facing soaring inflation and struggling startups, Guaranty Trust Holding, GTCO’s recent claim of a staggering N1 trillion profit raises eyebrows rather than celebrations. This figure, announced by CEO Segun Agbaje, appears less a beacon of success and more a troubling indicator of systemic issues within Nigeria’s banking sector.
Critics argue that GTCO’s reported profits stem from questionable practices rather than genuine financial growth. Many see Agbaje’s announcement as emblematic of a banking culture that prioritizes profit over customer welfare. Instead of nurturing innovation, GTCO’s approach has allegedly involved significant overcharging, dubious fees, and predatory lending practices that have eroded trust among its clients.
The disbelief among Nigerians is palpable. In an economy where businesses are cutting back and inflation is rampant, GTCO’s reported profits seem implausible. Industry experts and auditors have raised alarms, questioning the legitimacy of such gains. The prevailing sentiment is that these profits are not the result of sound banking practices but rather of exploiting customers.
Accusations against GTCO are mounting, with corporate clients like Innoson and Stallion Group calling for forensic audits. These businesses are beginning to suspect that their long-standing loyalty has been met with exploitation, as they uncover discrepancies in their accounts. A notable case is billionaire Femi Otedola, whose audit has prompted others to scrutinize their dealings with GTCO, revealing patterns of overcharging and illicit deductions.
Instead of contributing positively to Nigeria’s economic landscape, GTCO under Agbaje has been accused of engaging in practices that harm the very clients it serves. The bank’s focus appears to be on profit maximization at any cost, raising concerns about its impact on businesses and individuals alike.
As pressure builds, stakeholders are urging the Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, to investigate GTCO’s practices and ensure that the full 35% tax on the reported profits is enforced. However, the call for accountability extends beyond tax collection; there is a growing demand for broader reforms within Nigeria’s banking sector to promote transparency and ethical practices.
As scrutiny of GTCO intensifies, Agbaje’s claims of financial success are increasingly viewed as a fragile façade, raising questions about the integrity of the banking system as a whole.
Adron Homes Felicitates with Muslim Faithful on the Occasion of Eid Maulud Nabiyy
Adron Homes and Properties Limited extends its warmest greetings and heartfelt felicitations to all our esteemed Muslim customers as they celebrate the auspicious occasion of Eid Maulud Nabiyy, the commemoration of the birth of the Holy Prophet Muhammad (Peace Be Upon Him).
Eid Maulud Nabiyy is a time of reflection, gratitude, and renewed faith. As we join in celebrating this sacred day, we recognize the profound teachings of the Prophet Muhammad (PBUH), who embodied compassion, integrity, and dedication to the betterment of humanity. At Adron Homes, these values resonate deeply with our mission of providing affordable housing solutions and fostering a harmonious community where all individuals can thrive.
We are especially grateful to our Muslim clients and partners for their trust and unwavering support in our vision of making the dream of homeownership a reality for every Nigerian family. Your commitment has been pivotal in helping us shape communities where diversity, respect, and unity are at the forefront.
As we celebrate this blessed day, we remain dedicated to ensuring that our services continue to meet your housing needs while maintaining the highest standards of integrity, transparency, and innovation. Our goal is to contribute to the peace and prosperity that this special celebration represents.
May this Eid Maulud Nabiyy bring you and your loved ones joy, blessings, and renewed hope for a brighter future. We wish you peace, health, and happiness as you reflect on the timeless wisdom of the Holy Prophet.
Once again, Adron Homes celebrates with the entire Muslim Ummah and looks forward to continuing our journey together in building homes, strengthening communities, and fostering unity.
South East Development Commission: Rt Hon Ben Kalu’s Masterstroke By Ogo Okereke
Fifty five years after the civil war, the lingering effects of the war is still visible among the Igbo. Ndigbo being the worst hit of the civil war, still bear scars from the war,with ongoing displacement, poverty, trauma, environmental degradation, security concerns, infrastructural deficit and marginalization.
At one time or the other, past Nigerian presidents made varying efforts to address the negative effects of the civil war on the Igbo people, but they all left limited impact.
The most striking was the 3R sophistry by General Yakubu Gown in January 1970. Gowon had assured the world that there would be Reconciliation, Rehabilitation and Reconstruction (3R), of the Igbo land,as a result of the war ravages, but 54 years after, the South East has witnessed the direct opposite of the 3Rs, even in exponential proportion.
In a similar move, General Olusegun Obasanjo, established the South East Development Initiative(SEDI), to address regional development challenges, but the challenges still persisted.
Alhaji Shehu Shagari made a corresponding effort in his launching of the Presidential Task Force on Rehabilitation and Reconstruction, for the sole purpose of addressing the civil war’s effects, but the impact was small scaled,due to his short tenure in office.
Other efforts by Gen Ibrahim Babangida,spanned across the introduction of the National Commission for Refugees,Displaced Persons and Rehabilitation to confront the plight of war-affected communities.
Gen Sabi Abacha, came up with the National Council on Rehabilitation and Reconstruction, while President Good luck Ebele Jonathan, launched the Presidential Committee on Dialogue and Peace in the Niger Delta, which included initiatives for the South East. He also established the Alvan Ikoku Federal College of Education, to promote education in the region.
President Muhammadu Buhari in his own dimension to tackle the region’s infrastructure deficit, began the construction of the second Niger bridge, the Enugu-Portharcourt Expressway and also, formed the Presidential Committee on South East Initiative (PCSEI), to handle the regional development challenges.
While these attempts were aimed to grapple with the negative effects of the civil war, they have been criticized for being inadequate,slow paced or politicized. The South East region still demands sustained attention and investment to fully handle the effects of the civil war. These were the pitfalls of past efforts to reposition the region.
None of the struggle by past national leaders could actualize the setting up of a South East Development Commission(SEDC), that will solely tackle head on the numerous challenges facing Ndigbo from education,healthcare, marginalization, security, infrastructure, and others.
Several Igbo leaders had equally attempted to bring the South East Development Commission Bill to Law, but Rt Hon Benjamin Kalu’s efforts remained phenomenon.
Let me quickly give an overview of the actions of some of our Igbo representatives in actualizing this course,so you could appreciate better, the leadership excellence of the current Deputy Speaker of the House of Representatives.
Senator Ike Ekweremadu in 2015, sponsored a Bill similar to the SEDC, but it didn’t pass the second reading. Senator Enyinnaya Abaribe in 2017, introduced a Bill,but it stalled,due to lack of support. Governor Dave Umahi in 2018, advocated for a South East Development Commission,but his efforts were met with limited success. In 2019, the Ohanaeze Ndigbo, the highest socio-cultural organization in Igbo land, went a step higher in pushing for the actualization of SEDC, but it did not gain traction.
Rt Hon Benjamin Kalu in 2020, rewrote history, by successfully sponsoring the SEDC Bill which passed the second reading and eventually passed into Law in 2024. This can only be likened to GRACE.
Interestingly, the passage of the South East Development Commission Bill to Law, marks a significant milestone in the quest for a regional development and growth. The ground breaking legislation sponsored by the indefatigable number 6 citizen of the country,is a testament to his unwavering commitment to the welfare ane progress of the region. The combination of President Bola Ahmed Tinubu and the Deputy Speaker,Rt Hon Benjamin Kalu, broke the over 54 years jinx with the SEDC Law.
President Tinubu has shown a major departure from the Buhari’s regime, by signing the SEDC Bill into Law. This further shows his intention about the development of the South East region and his believe in building the nation in the fulcrum of fairness, equity and unity, hence his commitment to ensuring equitable development, inclusive governance,and the provision of qualitative services to all Nigerians, no matter where they reside,while knitting more tightly together the national fabric.
Like the North East Development Commission (NEDC), which brought tremendous transformation in the North East, especially on the area of humanitarian support (where Internally Displaced Persons and victims of insurgency were aided), education/healthcare support(schools and healthcare facilities are being built and upgraded), economic empowerment; through skills training, entrepreneurship support and job creations and initiatives. Environmental remediation of areas in the region suffering ecological issue, pollution,among other interventions, the South East Development Commission will facilitate the development of critical infrastructure such as roads,bridges and public buildings in the South East region. The commission can implement policies and programs to boost economic growth, create jobs, and provide access to credit facilities for entrepreneurs and small businesses. Under education and healthcare, the SEDC can invest in education and healthcare infrastructure, improving access to quality education abd medical care.
SEDC will address environmental degradation by cleaning up pollution,rehabilitating damaged ecosystems, and promoting sustainable practices.The commission will ensure Ndigbo have a stronger voice in national politics and decision-making processes.
It can promote and preserve Igbo language and culture, collaborating with security agencies to address insecurity challenges in the region, manage special intervention funds to address specific regional challenges.
The South East Development Commission can foster economic integration and cooperation among southeastern states, addressing historical injustices and lingering issues from the civil war, such as, rehabilitation of war-affected areas and compensation for victims.
While past efforts to reintegrate the Igbo people met minimal result, the SEDC which covers the five eastern states of Abia, Anambra, Ebonyi, Enugu and Imo, would go a long way to assuage the feelings of the Igbo with respect to the reconstruction and rehabilitation of roads, houses and other infrastructural damages suffered by the region, as well as,tackle ecological problems and other related environmental or development challenges in the region.
However, by addressing these issues, the SEDC would help to bridge the developmental gap, promote economic growth, and improve the overall well-being of Ndigbo.
The key point of discussion is that the South East Development Commission, stands out from previous initiatives, as it incorporates vital elements that guarantee its long-term viability and success,such as:
*Legislative Backing:The commission is legislatively backed, giving it a strong legal foundation and authority to operate.
*Structured approach: SEDC has a clear structure, mandate, and funding mechanism, ensuring a systematic approach to development.
*Regional focus:The commission is specifically focused on the South East region, addressing its unique challenges and needs.
*Inclusive representation: It has a board comprising representatives from each South East state, ensuring diverse perspectives and regional buy-in.
*Comprehensive scope: The commission’s mandate covers various aspects, including infrastructure, education, healthcare, and economic development.
*Sustained commitment:SEDC is designed to be a long-term initiative, ensuring consistent effort and progress.
*Community engagement:It encourages community participation and ownership, fostering grassroots support and inclusivity.
*Accountability mechanisms:It has built-in accountability mechanisms, ensuring transparency and effective use of resources.
Though past efforts, while well-intentioned, often lacked one or more of these elements, limiting their impact and sustainability. The SEDC law addresses these gaps, providing a robust framework for meaningful reintegration and development.
At this juncture, it won’t be out of place if I say that Rt Hon Benjamin Kalu is not playing politics of rice and wrappers, but diving into the mainstream of governance, which goes beyond just touching the lives of an individual or group of people. Myopic critics would seek for mere empowerment for a set of people, but a strategic thinker, seeks for lasting avenues that could create endless opportunities for the entire region. He has created a platform for coordinated development, empowering the region to unlock its vast potential. “What no past Igbo leader could ever achieve, Ben Kalu broke the jinx”.
He made a historic achievement that can positively impact the lives of millions, leaving a lasting legacy. He prioritized the region’s interest over his personal gain and has established a precedent for future leaders to follow, encouraging them to prioritize regional development.
BOK as he is fondly called by friends, has demonstrated foresight and understanding of the needs of his region with an unwavering commitment,which showed dedication and perseverance in pushing for the Bill’s passage,despite potential obstacles.
This goes ahead to remind me of the words of Zig Ziglar that says,”With hardwork and determination,you can achieve anything you set your mind to”.
His suave, assertive, sagacious, outspoken and visionary dispositions were highpoints in achieving the South East Development Commission and they remained a very inspiring and veritable source of hope for Ndigbo. “Indeed, Rt Hon Benjamin Kalu,is a beacon of hope and a pillar of transformation for the South East region”.
The South East Development Commission, a long-awaited initiative decades in the making, was finally brought to fruition by Rt Hon Benjamin Kalu and his team.
