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Social Commentary & World Business

Would you prefer to own 5% of Coca-Cola or 70% of Nigerian breweries?

A share is a percentage of ownership in a company or a financial asset in simple terms. Shareholders are investors who own stock in a company. 

Nigerian Breweries is a subsidiary of Heineken International, so owning NB is the same as owning Heineken. Consider this.

However, Coca-Cola has global acceptance on this planet. Without hesitation, I will choose Coca-Cola. 

Finally, both companies have a healthy annual revenue.

So please tell us blazers,

Would you prefer to own 5% of Coca-Cola or 70% of Nigerian breweries?

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Social Commentary & World Business

I will have a minister for stomach infrastructure and welfare of people – Former Ekiti State Governor, Ayo Fayose

The former Governor of Ekiti State,revealed he will appoint a minister of Stomach infrastructure if he is elected as the next President of Nigeria.

Ayo Fayose
Ayo Fayose

Mr Ayo Fayose was talking with journalist after appearing before People’s democratic Party Presidential Screening in Abuja where he was part of the 17 aspirants who were screened on Friday.

The former governor said that when the committee asked him about his stomach infrastructure policy while he was governor of Ekiti State, he made it very clear that it would be part of his policies if he emerged president.

Ayo Fayose
Ayo Fayose

“I made it clear that I will have a minister for stomach infrastructure and welfare of the people, So, for me, stomach infrastructure is part of being supportive of the ordinary Nigerian. Stomach infrastructure under my watch as president of Nigeria will be a major theme. No one is saying here that you will not do the needful in terms of developing the country, part of development is the welfare and well-being of the people.”

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Social Commentary & World Business

Lagos state clear all 5 students and staff arrested over Sylvester Oromoni’s death after autopsy ruled out murder case

The Lagos State Government has cleared five students ( Favour Benjamin aged 16, Micheal Kashamu 15, Edward Begue 16, Ansel Temile 14 and Kenneth Inyang 15)and five employees of Dowen College accused of complicity in the death of 12-year-old Sylvester Oromoni.

sylvestter oromoni
sylvestter oromoni

The state cleared them as well as the school following the Legal Advice of the Director of Public Prosecution, DPP, Ms. Adetutu Oshinusi.

According to the legal advice addressed to the Deputy Commissioner of Police, State Criminal Investigation Department, SCID and the trial magistrate, Magistrate Olatunbosun Adeola, the interim and final autopsy reports issued by the Lagos State University Teaching Hospital and toxicology report of post mortem samples and that of the Central Hospital, Warri were in agreement as to the cause of death namely: Septicaemia, Lobar Pneumonia with Acute Pyelonephritis, Pyomyositis of the right ankle and Acute Bacteria Pneumonia due to severe Sepsis.

The legal advice added that the result of the toxicology is also not indicative of any toxic or poisonous substance in the body of the deceased as claimed by the family.

”From available facts in the duplicate case file, the investigation carried out by the Police did not reveal that any secret society name, tattoo or insignia of any unlawful society was found in the possession of any of the suspects during the investigation carried out by the Police. To hold otherwise would amount to sniffing for an offence and a speculative act which is not permitted in law. It is trite law that suspicion no matter how grave cannot be a ground for conviction”.

The state also cleared the minors of belonging to unlawful society due to insufficient facts to establish the offence.

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Social Commentary & World Business

The Chauvinism in the military is sickening – Sowore criticize Nigerian army detaining a female soldier for accepting a male corps member’s proposal

Omoyele Sowore averred that the “chauvinism in the military is sickening”, he added hat there are numerous examples of male soldiers proposing to their girlfriends in uniform and he attached photos of male soldiers proposing to their girlfriends in uniform.

omoyele sowore
omoyele sowore

Sowore wrote; 

#FreeSofiat The HQ Nigerian Army authorities have denied Army Private Akinlabi Sofiyat access to members of her family and refused to provide her with food, sanitary materials and medical care. She’s detained under unhealthy conditions in a “guardroom” reported meant for male soldiers at Sobi Military Cantonment in Ilorin, Kwara State.

Her Commanding officer, Brigadier General AE Abubakar is threatening to send her to an underground cell at the @HQ Nigerian Army dungeon at the Army HQ in Abuja!

Pte Sofiyat Akinlabi must be released immediately. #RevolutionNow

sofiat
sofiat

Brigadier General Onyema Nwachukwu said the female officer violated military laws by getting involved in a public display of amorous relationship with a paramilitary trainee, a corps member. He also claimed the public would have been outraged and accused the Army of coercion had a male soldier proposed to a female corper during NYSC parade.

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Social Commentary & World Business

Many African/Black men are bisexual but choose to remain in the closet because of stigmatization – Bolu Okupe

Bolu Okupe who came out in January to announce he is gay said bisexuality within African communities needs to be more openly discussed because there are quite a number of bisexual African men.

bolu okupe
bolu okupe

Bolu, a vocal member of the LGBTQ community said the stigmatization is the reason many men remain in the closet and go on to marry women who know they are bisexual.

bolu okupe
bolu okupe
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Social Commentary & World Business

EFCC reveal they have discovered $72.87 million linked to , Diezani Alison-Madueke and confirms they have arrested Mr Nnamdi Okonkwo, former Managing Director of Fidelity Bank.

Economic and Financial Crimes Commission, (EFCC) reveal they have discovered $72.87 million linked to Diezani Alison-Madueke and confirms they have arrested Mr Nnamdi Okonkwo, former Managing Director of Fidelity Bank.

Efcc
efcc

The anti-graft agency said this while confirming the arrest of Mr Nnamdi Okonkwo, former Managing Director of Fidelity Bank.

alison madueke
alison madueke

The statement read; 

“As part of the ongoing investigations into the former Minister of Petroleum Resources, Diezani Alison-Madueke, the Economic and Financial Crimes Commission, EFCC, has arrested a former Managing Director of Fidelity Bank Plc, Nnamdi Okonkwo, allegedly over an additional $72, 870,000million still in the coffers of the bank.

“Okonkwo, who is currently the Chairman of First Bank Holding, alongside others, had earlier been grilled over a sum of $153million and $115million by the Commission.

“While all the $153 million was recovered by the EFCC, the cases involving $115million, as it relates with the Independent National Electoral Commission, INEC, bribery matter, are in various courts.

“Okonkwo and Charles Onyedibe are  currently being detained by the EFCC over the whereabouts of the new $72.8m.”

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Social Commentary & World Business

A University of Ibadan faculty president writes 26-page suicide note on health problem he has been battling then disappears

Jude Nicholas, the President of Nigerian Universities Education Students’ Association (NUESA),  typed a 26-page long suicide note where he narrated the health challenge he’s been battling for years before he was declared missing by friends.

He revealed his plight began in 2017 when he had surgery for hernia. During the surgery, the doctor tampered with a major vein that supplies blood from his heart to his legs. Since then, he’s been going in and out hospital, battling to save his legs. He then opened up to a lecturer at school, asking for help from Univerisity of Ibadan. However,  his efforts to get help proved abortive

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Social Commentary & World Business

I am not going to turn them down, but i am still consulting – Bola Ahmed Tinubu talks about 2023 Presidential elections

The national leader of All Progressive Party (APC) Asiwaju Bola Ahmed Tinubu revealed after a closed door meeting he will not turn down offers to represent his party as the Presidential candidate for 2023 elections, but he will importantly still consult and deliberate with his friends to choose a day he will declare his intentions to Nigeria.

 Asiwaju Bola Ahmed Tinubu
Asiwaju Bola Ahmed Tinubu

“I am not going to turn them down but I will still effectively and widely consult, particularly brainstorm with my friends and find a date to come out openly and tell Nigerians. But the President is still in office. I don’t want to distract him from all the challenges he might face today. So, don’t muddle the political waters. Consult, make our program known to the people later. And the intention is clear. So you can keep guessing,” Tinubu said

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Social Commentary & World Business

Strange man charges at Bishop Oyedepo on the alter (video)

An unusual event happened at Bishop Oyedepo’s Living Faith Church Canaan land Ota, Ogun state, few weeks to Shiloh.

According o the video trending online, a man charged at the Bishop on the pulpit and aimed to grab his feet but security and protocol units were alert to make sure he didn’t, even though he broke away from them to get to the alter at first.

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Social Commentary & World Business

Fisayo Soyombo detained by Nigerian Police

Fisayo Soyombo reportedly received a message from security agencies. requesting that he is present for an interview with the IGP head at the force headquarters in Abuja November 29th 2021.

fisayo soyombo
fisayo soyombo

According to the Journalist’s facebook account he went in for the interview today and he revealed in his post that he is clean and hasn’t done anything wrong unless journalism is one.

“I have just arrived at the Force Headquarters, Abuja, to honour an invitation from the Monitoring Unit of the Inspector General of Police. They say my “name and phone number featured in an investigation” they are conducting. The decision to come was straightforward: I am a law-abiding citizen who has committed no crime unless journalism is one. If there is no update on this handle by dusk, it means I have been unjustly detained. I will be surrendering my devices now. Any other update until my release will be provided by FIJ Nigeria.”

626blazemedia
626blazemedia

The journalist on his visit today discovered it was in connection to a story FIJ published in August 2021 on the award of contracts for police camps which alleged that a Deputy Inspector General of Police, Joseph Egbunike, joined other police chiefs to approve more than N1bn for some police transit camp projects in Benue, Bauchi, Plateau, Katsina, and Kano states. The facilities were meant to provide safe and comfortable accommodation for travelling officers.

However, Soyombo’s FIJ claimed that after a visit to the project locations, nothing or little had been done three years later.

”At the N245 million transit camp in Riyom, Plateau State, two uncompleted bungalows and a few mobile buildings on an expanse of land were found,” the report read. Pro-Egbunike’s lawyers petitioned the Inspector General of Police, Usman Alkali, over the story, demanding the “prosecution” of those behind the “defamation”.

The legal practitioners, led by Stefan Onome Okorodudu, claim to operate under “Concerned Lawyers in defence of the Nigeria Police and its officers”.