Tuesday, 15 November 2016

Manifesto (WEALTH CREATION) - Eyitayo Jegede SAN

Eyitayo  Jegede  SAN
We will diversify Ondo state economy to enable the government live up to its responsibilities. We need to self-search and restructure our state and restructure ourselves as individuals, we don’t know what to come tomorrow, our governor once said residents should cultivate the habit of mini-farming in our homes.
Inflation rate Is scary and the entire economy has downsized, and it doesn’t affect a single state but all.
 Oda Cocoa Farmer Association
We are loved by all because of our integrity, it speaks for us, we want to change the economy of the state and there is no doubt about that, this will spur growth and we won’t have to borrow from neighboring state to sustain ourselves.

We will do the right thing, industries will come and economy will be repositioned.

 Oil Palm Produce

 Fisheries Farming

 Agro Allied industry


Poultry Farming
Oda Cocoa farm will be improved upon, we will encourage our people in entrepreneurship, we will also create a friendly tax system that will be convenient for people and they will be proud of.
With all these, God will give us the privilege to pay workers as and when due. We will leverage on our natural resources.


 “In a matter of few years, Ondo State shall be richer than Lagos State. The cocoa revolution will enhance the revenue profile of the state and the monthly allocation from the Federation Account will be mere peanut. While planting our 100 hectares of cocoa, we planted about 200,000 stands of plantain as a shield; that also will generate funds later”.

Inside Oda Cocoa Farm

 Plantain Harvesting

 Cocoa processing inside  Oda Cocoa Farm


 Cattle Farming
God has blessed me and I am merciful, we don’t make noise but we have come to work, we want to ensure the convenience increase for our people, urban renewal, we will make our cities to attract business men and women and engage our youth meaningfully, we will also invest in tourism and many more.



“In a matter of few years, Ondo State shall be richer than Lagos State. The cocoa revolution will enhance the revenue profile of the state and the monthly allocation from the Federation Account will be mere peanut. While planting our 100 hectares of cocoa, we planted about 200,000 stands of plantain as a shield; that also will generate funds later”.

Read more at: http://www.vanguardngr.com/2015/12/cocoa-revolution-ondo-will-soon-be-richer-than-lagos/

“In a matter of few years, Ondo State shall be richer than Lagos State. The cocoa revolution will enhance the revenue profile of the state and the monthly allocation from the Federation Account will be mere peanut. While planting our 100 hectares of cocoa, we planted about 200,000 stands of plantain as a shield; that also will generate funds later”.

Read more at: http://www.vanguardngr.com/2015/12/cocoa-revolution-ondo-will-soon-be-richer-than-lagos/
COCOA REVOLUTION ‘Ondo will soon be richer than Lagos!’

Read more at: http://www.vanguardngr.com/2015/12/cocoa-revolution-ondo-will-soon-be-richer-than-lagos/

COCOA REVOLUTION ‘Ondo will soon be richer than Lagos!’

Read more at: http://www.vanguardngr.com/2015/12/cocoa-revolution-ondo-will-soon-be-richer-than-lagos/

COCOA REVOLUTION ‘Ondo will soon be richer than Lagos!’

Read more at: http://www.vanguardngr.com/2015/12/cocoa-revolution-ondo-will-soon-be-richer-than-lagos/

PHOTOS: National Association of Polytechnic Students Honour Hon Fatima Mohammed

Fatima Mohammed

National Association of Polytechnic Students Honour Hon Fatima Mohammed today in Ifako Ijaiye local government area in Lagos state. She was awarded  ICON of Humanity in Nigeria by the students. See photos below



Saturday, 12 November 2016

JIMOH IBRAHIM: THE SERIAL DEBTOR FINALLY GOES BANKRUPT



                                                                         Jimoh  Ibrahim

The Federal High Court, Lagos Division, on Monday 20th June, 2016, restrained NICON Investment Limited, Global Fleet Oil and Gas Limited and Mr Jimoh Ibrahim from dealing with any assets or funds belonging to NICON Investment, Global Fleet Oil and other assets.

The order was granted to AMCON as an interim injunction against NICON Investment Limited, Global Fleet Oil & Gas Limited and Mr Jimoh Ibrahim on the application of Asset Management Corporation of Nigeria (AMCON).

Justice Saliu Saidu, while granting the order on the application of Mr. Yusuf Ali, SAN, counsel to AMCON, restrained NICON Investment Limited, Global Fleet Oil & Gas Limited and Barrister Jimoh Ibrahim from dealing with any assets or funds of the company.

The court also made an order freezing all the bank accounts of the above-named companies and their promoter, Barrister Jimoh Ibrahim until the matter is finally determined. The court order covers the assets of NICON Investment Limited, Global Fleet Oil & Gas Limited and Barrister Jimoh Ibrahim in Abuja, Lagos, Dubai and London.

The freezing order also affects all bank accounts held and/or maintained by NICON Investment Limited, Global Fleet Oil & Gas Limited and Barrister Jimoh Ibrahim in First Bank Plc, Guaranty Trust Bank Plc, Diamond Bank Plc, United Bank of Africa Plc, Access Bank Plc, Citibank Nigeria Limited and Sterling Bank Plc.

Possessor order

The rest include Ecobank Nigeria Plc, Fidelity Bank Plc, First City Monument Bank Plc, Heritage Bank Limited, Keystone Bank Limited, Skye Bank Plc, Stanbic IBTC Bank Plc, Sterling Bank Plc, Zenith Bank Plc, Union Bank of Nigeria Plc and Unity Bank Plc.

The court also ordered the freezing of all bank accounts to which Barrister Jimoh Ibrahim is a signatory, either alone or with any other person in NICON Investment Limited, Global Fleet Oil & Gas Limited in any of the banks and financial institutions on the list. AMCON was also granted the possessor order to take over Jimoh Ibrahim’s Nigeria Re-Insurance Company Plc, NICON Insurance Company Plc, Nigeria Stockbrokers Limited (NSL) and NICON Trustees Limited.

The trio of NICON Investment Limited, Global Fleet Oil & Gas Limited and Barrister Jimoh Ibrahim owe AMCON over N50 billion, which have become subject of protracted negotiations and court battles as a result of their inability to repay the staggering debt. But with AMCON’s debt recovery efforts in full swing, the corporation yesterday took over the assets of Barrister Jimoh Ibrahim in both Abuja and Lagos.

Recall that 400 obligors of AMCON account for more than N4.5 trillion, which is approximately 80 per cent of the total outstanding loan balance of the corporation’s over 12,000 accounts with obligors that have become intractable over time despite obvious efforts of the Corporation.

To deal with the situation however, AMCON recently increased the tempo of its recovery activities, using firmer negotiation strategies as well as utilizing special enforcement powers conferred by the AMCON Act to compel some of its debtors, especially those that are politically exposed and business heavyweights to repay their debts.