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PRESIDENT TINUBU APPOINTS JIM OVIA AS CHAIRMAN OF THE NIGERIAN EDUCATION LOAN FUND

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PRESIDENT TINUBU APPOINTS JIM OVIA AS CHAIRMAN OF THE NIGERIAN EDUCATION LOAN FUND

STATE HOUSE PRESS RELEASE

PRESIDENT TINUBU APPOINTS JIM OVIA AS CHAIRMAN OF THE NIGERIAN EDUCATION LOAN FUND

President Bola Tinubu has approved the appointment of Mr. Jim Ovia, CFR, renowned banker and businessman, as the Chairman of the Board of the Nigerian Education Loan Fund (NELFUND).

Mr. Ovia is the founder of one of Nigeria’s leading banks and a respected business leader, with a surfeit of efforts and benefaction towards nurturing and empowering young Nigerians.

He is an alumnus of Harvard Business School and holds a Master’s in Business Administration from the University of Louisiana.

The National Student Loan Programme is a pivotal intervention that seeks to guarantee sustainable higher education and functional skill development for all Nigerian students and youths.

The Nigerian Education Loan Fund, the implementing institution of this innovation, demands excellence and Nigerians of the finest professional ilk to guide and manage.

The President believes Mr. Ovia will bring his immense wealth of experience and professional stature to this role to advance the all-important vision of ensuring that no Nigerian student suffers a capricious end to their pursuit of higher education over a lack of funds and of ensuring that Nigerian youths, irrespective of who they are, have access to higher education and skills that will make them productive members of society and core contributors to the knowledge-based global economy of this century.

PRESIDENT TINUBU TO DUTCH INDUSTRY: PARTNERSHIPS MUST BE TRANSFORMATIVE; THEY MUST TRANSLATE INTO REAL GAINS FOR OUR CITIZENS

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PRESIDENT TINUBU TO DUTCH INDUSTRY: PARTNERSHIPS MUST BE TRANSFORMATIVE; THEY MUST TRANSLATE INTO REAL GAINS FOR OUR CITIZENS

STATE HOUSE PRESS RELEASE

PRESIDENT TINUBU TO DUTCH INDUSTRY: PARTNERSHIPS MUST BE TRANSFORMATIVE; THEY MUST TRANSLATE INTO REAL GAINS FOR OUR CITIZENS

President Bola Tinubu says bilateral partnerships must be mutually beneficial, transformative, and must translate into real gains for ordinary citizens.

Speaking at the Nigeria-Netherlands Business and Investment Forum in The Hague, on Thursday, President Tinubu emphasized the pivotality of stronger ties between Nigeria and the Netherlands, saying both countries must explore more creative channels of collaboration, whether it is through partnerships, joint ventures, or strategic alliances in order to build bridges that connect markets and facilitate the flow of goods, services, ideas and peoples.

He said his administration is enhancing the business environment in Nigeria to make it very friendly through various reforms, adding that these measures include: “The cleaning up of our foreign exchange market to make it more transparent for seamless business transactions, removal of the fuel subsidy, and the readiness of the Central Bank of Nigeria to provide the necessary window to allow foreign companies repatriate their profits, among others.”

President Tinubu said the improved business milieu in Nigeria is making the country an investor’s paradise, urging businessmen and women to take advantage of these opportunities for mutually rewarding economic partnerships between Nigeria and the Netherlands.

“I am delighted and honoured to be at this occasion of the Nigeria-Netherlands Business Forum. This is a platform that symbolizes the potential for collaboration and partnership between our two nations.

“It is worthy to note that while this forum seeks to highlight and advance the potential of mutually beneficial partnerships, I wish to state here that we must also ensure that the partnerships are creative and transformative in such a manner that the ordinary citizens of our countries can reap verifiable gains.

“It is on record that Nigeria and the Netherlands have established business ties for decades. There is every need to re-invigorate this relationship. This is a call for creativity on the part of all of us,” the President said.

Noting the long history of diplomatic relations between Nigeria and the Netherlands, President Tinubu called for the forging of even stronger bonds, not just in diplomacy but in commerce, innovation, and enterprise.

“Our countries possess unique strengths and resources. It is through collaboration that we can harness these strengths, unlock new opportunities, and drive economic development.

“Together, we have the potential to create synergies that will benefit our present and future generations. We must endeavour to replicate the success stories of various Dutch companies and enterprises by learning and sharing their experiences and approaches for the benefit of all.

“As the world braces up for today’s economic challenges, which in many ways affect our two countries, a creative approach to the search for investment-minded solutions will prove to be the most viable path to the level of sustainable development that we all desire.

“In line with the above vision, I believe that we must endeavour to push this narrative into our daily business activities and to move toward industrial value addition, agribusiness, innovative technology, green energy, marine economic expansion, as well as solid mineral exploitation and processing,” the President said.

Rounding off his remarks, President Tinubu emphasized that relations between Nigeria and the Netherlands will henceforth set a new tone and foundation for stronger economic ties between both countries.

“As we engage in discussions and negotiations today, let us do so with a spirit of openness, trust, and mutual respect. Let us listen to one another, learn from each other, and find common ground that will allow us to move forward together in pursuit of our shared prosperity,” the President concluded.

TOXICOLOGY RESULT TO DETERMINE MOHBAD’S CAUSE OF DEATH NOW READY

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TOXICOLOGY RESULT TO DETERMINE MOHBAD’S CAUSE OF DEATH NOW READY

 

The toxicology test carried out to determine the cause of death of late music star, Ilerioluwa Aloba aka Mohbad is ready after it was conducted in the United States.

Lagos State counsel, Oluwaseun Akinde, who confirmed this to the coroner’s court sitting in the Ikorodu area of the state in November 2023 said the autopsy into the external body of the deceased was completed while the toxicology test had to do with the internal body.

Mohbad died at the age of 27, on September 12, 2023, with circumstances surrounding his death sparking controversies on social media.

The Lagos State Police Command had, on September 18, 2023, inaugurated a 13-man special investigation team to probe the singer’s death.

Now, according to Journalist an official of the Lagos State Government said that the test result was sent to the state DNA and Forensic Centre last week.

The official who spoke on condition of anonymity added that the test result was transmitted to the police earlier this week.

“The toxicology test is ready and given to the police. We projected 10 weeks from the outset but it came in before then. It was received by the DNA and Forensic Centre last week and has been sent to the police,” the source said.

Another source at the police reportedly said,

“The toxicology report is with us. It arrived on Monday but it is medical jargon for us. We don’t understand what it is. So it has been sent to the pathologist that carried out the autopsy to analyse and interpret it.”

Remember, the Director of Lagos State DNA and Forensic Centre, Richard Somiari, on March 20 said that the toxicology result would be ready in the next three to four weeks.

Somiari, while testifying during a coroner’s inquest into the death of the singer said, “We expected to get the first set of autopsy results in three to four weeks and re-confirm to authenticate the cause of the death.

“We searched for multiple possibilities, to check if poison was involved in the death of Mohbad since no actual cause was mentioned,” he said.

“We have a place where items are stored for safety and security of results. There is a procedure for monitoring samples moved abroad,” he said.

Yahaya Bello : EFCC Requests American International School To Refund The $845,000 School Fee Payment

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Yahaya Bello : EFCC Requests American International School To Refund The $845,000 School Fee Payment

EFCC requests the American International School in Abuja to refund the $845,000 school fee payment made by the Former Gov. Of Kogi state – Yahaya Bello for his children; Below is the school’s response.

 

 

When the EFCC Chairman spoke about the payment, Yahaya Bello made to America International School.

Below are the receipts of the payments.

Below are some of the reactions the news has generated online.

Dino Melaye

Yahaya Bello paid $845,000 for five children to attend the American International School of Abuja. It’s paid in advance until 2035

20.10.2020
@I_Am_Ilemona
We’re only hearing about Yahaya Bello‘s corruption because he’s fallen out with the powers that be in APC. For years, we shouted that he was looting the state blind, and they sent their vuvuzelas to cuss us out. Now those very same vuvuzelas are acting brand new.
Shehu Gazali Sadiq @Shehusky
EFCC should dig deeper to see if Yahaya Bello has paid the school fees of the children of Fani-Kayode in advance. They chop together.
Baron Chymaker @chymaker

 

JUST IN; Passengers stranded as fuel scarcity resurfaces

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JUST IN; Passengers stranded as fuel scarcity resurfaces

JUST IN; Passengers stranded as fuel scarcity resurfaces

Passengers going to work on Thursday were stranded following the scarcity of fuel across Kaduna State.

Those who were fortunate to get buses paid double their normal transport fares to their various destinations.

It was observed that some filling stations across the Kaduna metropolis were shut while those open were filled to capacity as motorists struggled to buy fuel.

A passenger at the Kakuri bus stop, Mr. James Onoja, said he had been at the bus stop as early as 6 am but could not get a bus going to town.

Also, a nursing mother, Mrs. Salamatu Joseph, on her way to Central Market, having spent over three hours without getting a bus, said she would head back home.

“I have spent three hours at Sabon Tasha bus stop waiting for a bus. The only bus that came was quoting double the transport fare. I can’t pay. It’s better I go back home and rest today,” she said.

Another passenger, Joseph Ala, said he paid N400 instead of N200 from Kakuri to Ahmadu Bello Way.

Also, Mrs. Jospehine Magret, who boarded a bus from Goni Gora to Kaduna Central Market, said she paid N500 instead of N250.

Petroleum markers in the state were unavailable for comments.

Maj Gen Saraso Visits DICON, DSS.

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Maj Gen Saraso Visits DICON, DSS.

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Solicits their Continuous Support, Synergy and Cooperation

The General Officer Commanding 1 Division Nigerian Army and Commander Operation WHIRL PUNCH Major General bMayirenso Lander David Saraso has paid his maiden official visits to the Director General (DG) Defence Industries Corporation of Nigeria (DICON) Maj Gen AE Edet and the State Director of Security Kaduna, SDS Abdul A. Enenche on 24 April 2024.

While at DICON Headquarters, the GOC remarked that he was there to formally introduce himself to the DG as the 43rd GOC of 1 Division and seeks for his support and cordial working relationship to enable him achieve the mandate of the Division. He described DICON as a close associate of 1 Division and assured the DG of his continuous support and collaboration so as to create a peaceful environment for social economic activities to strive.

In his remarks, the DG DICON Maj Gen AE Edet congratulated the GOC on his well deserved appointment as the 43rd GOC 1 Division, welcomed him to Kaduna and commended the Division for its continuous support and solicit for more cooperation and collaboration.

Relatedly, the GOC was at the office of the State Director of Security (SDS) Kaduna State on a similar mission. The GOC and his team were warmly received by the SDS Abdul A. Enenche. During the visit, Maj Gen MLD Saraso said ” First and foremost, I want to thank you most sincerely for the warm reception despite the short notice and your very tight schedule. I am here to introduce myself to you as the GOC 1 Division and seek your support, collaboration and cooperation to enable 1 Division achieve its mandate” He added that the roles of the DSS in the successes so far recorded by the Division cannot be overemphasized and pleaded for continuous cooperation, support synergy between both organisations.

The SDS, Abdul A Enenche FSI thanked the GOC for the visit, congratulated him on his appointment and promised continuous support to the Division. He used the opportunity of the visit to appreciate and thank the GOC for the support the agency has received and reassured the GOC of timely and credible intelligence.

Highlights of both visits were presented of souvenirs and group photographs

10 Best Ways To Sell Out Your Next Show

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10 Best Ways To Sell Out Your Next Show

Praise GOD

Imagine showing up to a venue to play your show and seeing it overflowing with all your fans. Think about the energy in the room, the screaming fans who waited weeks or even months to see you perform… There’s no better feeling. But for that to happen, it takes a ton of networking, planning and consistent promotion for your audience to be ready to go when the time finally comes. In this post, you’ll learn how to promote your next show to ensure it’s everything you’ve dreamed of and more. Here’s the rundown…

10 Best Ways To Sell Out Your Next Show

Reach Out To The Venue

To get started, the first thing you need to do is reach out to the venue and ask what they’ll be doing to promote the show. If the venue is making flyers and distributing them all over town, don’t waste your time doing the same. Whatever they end up doing is a great contribution, but whatever they don’t is up to you to take care of.

Divide and conquer!

Assemble All The Contacts You Can

If you’ve done this before and promotion isn’t news to you, you probably have a decent list of contacts you can reach out to. If you don’t, you can hit up the venue and ask them to send you their media list. In most cases, the venue will have a list ready to send to bands who are out of town, so it shouldn’t be any trouble for them to send you one too. This list usually consists of emails and phone numbers for local music journalists, editors, bloggers, radio show hosts, etc. In addition, this is a great time to use your own connections within your community to grow this list as much as you can.

You can also seek partnerships with local businesses, organizations, influencers, or artists who have a similar target audience. They can help promote your show to their followers, and you can reciprocate by promoting their work as well. Whether you ask your other touring friends or even your management if you have it, these people want to see you succeed!

Music and community go hand in hand. You are not in this alone, so don’t be afraid to utilize your relationships in the industry. If there was ever a time to do so, this is it.

Hit Up Those Contacts

I’m sure you saw this one coming… You really want to make sure that your show is getting as much coverage as possible. A couple months prior to your show is the time to start reaching out to all the people in the list you collected from the previous step and getting yourself on all the local concert calendars. Doing this in advance is crucial, as it gives them time to set everything up without stressing at the last minute. Not to mention the longer your name is out there, the more people have time to see it.

Lastly, and this should go without saying, be nice. Be genuine, humble, and respectful of their time when you reach out. If you can offer them some free tickets, that’s even better. They don’t have to go out of their way to help you, so if they do you should be forever grateful. In this business, relationships are everything. Be remembered for how personable and kind you were, and they’ll have no problem coming through for you again in the future.

Utilize Online Event Platforms

In the digital age, you can’t ignore online event platforms like Eventbrite, Meetup, Bandsintown, Facebook groups and local event directories. These platforms have a built-in audience and can help increase your show’s visibility. Bandsintown even automatically scans your music from services like Apple Music or Spotify when you sign up for the first time so it’ll show up on your profile, too.

Try Paid Advertising

Consider allocating a portion of your budget to online advertising platforms like Google Ads, Facebook Ads or Instagram Ads. With these, you can target your advertisements to reach the right audience based on location, interests and demographics.

There are so many ways to learn more about your fanbase, and this can be vitally important for knowing what your fans want to see. Once you analyze your audience, you can then create your Average Fan’s Profile. You can then use this profile to help make business decisions such as where to tour, where to spend your time on social media, and more.

It’s leg day…

If the venue isn’t creating any posters for your show, do it yourself. People generally respond better to posters that are creative and stand out among the rest. Consider reaching out to local artists in your area to create a dope design together. Once you have the perfect posters/flyers, go out on the town and put them up in places like coffee shops, record stores, smoke shops, on telephone poles or anywhere you damn well please. Anywhere that has a lot of foot traffic is sure to gain the attention of someone who’ll be interested.

How To Start Emailing

About 6 weeks before the gig, it’s time to send out your first round of email invites. (If you’re struggling with constructing and utilizing your mailing list, this post will help you out.)  Remember, the first email is the most important. Think about what you want your audience’s first impression of your event to be, and go from there. Include all the details of when it is, where it’s happening and what to expect.

At the same time, you should start announcing the event on all your social media platforms. Start with a big announcement, then remember to keep posting about it throughout the entire time it takes for your show to finally arrive. You want to keep reminding your audience that your show is coming up so they’re well aware and ready to go when the time comes.

In addition to this, this is a great time to offer incentives for your attendees to spread the word about your show. Offer referral discounts, exclusive merchandise, or freebies for anyone who brings in friends or share information on their social media accounts.

Rinse & Repeat

2 weeks after your first round of emails, it’s time to send out a second round of emails. You can either send the update to everyone you sent it to the first time, or you can segment it up and send different emails to different groups of people. (For example, the people who didn’t open it the first time can get something different than the people who already RSVP’d.) If you end up deciding to send it to everyone from the first round of emails, just be sure to make the email look and feel different. (ex: different copy, a new color scheme, etc.) — This email is essentially just a reminder disguised as an announcement. Whatever updates you have about the show, whether its a venue change or you’re offering new merch, be sure to include them in this second round of emails.

Once it’s two weeks out, it’s time to send a third email out to everyone with a sense of urgency to it. Remind them the event is coming up and tell them to get excited for everything to come!

Let’s Talk Socials…

Now this is a given, but social media is one of the best places to promote yourself. From the start of your promo journey to the very end, you should be working on developing engaging content related to your show like behind-the-scenes videos, teasers, interviews and sneak peeks. Every week, you should be sharing content on your website, socials, AND through email to build anticipation and generate interest.

Not sure where or what to post? Your social efforts should stretch from Instagram Reels and TikTok’s to collaborative posts with other artists and cross-promotion across any and all the platforms your fans frequent. You can post recap clips from your last show, teasers of what’s to come, or even do a giveaway for the first 100 people who RSVP. Many artists go Live on IG to hype up big news, too.

Whatever you decide to post, make sure you keep posting consistently before show day finally comes.

Partner with Vendors

If there are any food, jewelry, (or any other vendors for that matter) at the venue, consider hitting them up beforehand and collaborating on some social posts with them. Together, you can hype each other up and get double the reach with each post. Not to mention it’s always good to involve your creative community in anything you do. So when the next event comes around, they’ll think of you and how you may be able to work together again.

Utilize SEO

Taking advantage of Search Engine Optimization is a great way to ensure as many people see your event on Google as possible. For example, using keywords that pertain to your event like “metal show in South Florida” or “Miami event this weekend” can help you rank higher in Google searches. In addition, posting regularly and sharing your content to as many platforms as possible can also boost your visibility.

Final Reminders

Ok, so the show is this week. This final reminder needs to be a bit more personal. If you can, send out a text to everyone who’s coming to remind them one last time. Your effort will be greatly appreciated and people will feel more connected to your band when they receive a personalized reminder from you.

If you don’t get a lot of feedback at the beginning of the promotional period, don’t worry. Most of your RSVP’s will end up coming in a week or so before the show. And when your show day finally comes, make sure to enjoy it! Watch as all your effort and preparation pays off as you pack the venue with excited fans. At the end of the day, every show you do will be a learning experience for the next one. If you don’t sell out this time, you can try again with the next one! It’s all a part of the process of independent musicianship.

Good luck!

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Introducing Symphonic’s New Suite of Innovative Tech Tools for Artists

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Introducing Symphonic’s New Suite of Innovative Tech Tools for Artists

Randi Zimmerman

Here at Symphonic, we’re excited to finally announce our latest rollout of four revolutionary tools for artists. Here’s everything you need to know about these new features, and what this means for Symphonic clients.

Introducing Symphonic’s New Suite of Innovative Tech Tools

Let’s break it down…

Our latest rollout of new, revolutionary tools in the SMS includes four heavy hitters: Transfer Track, SplitShare, Enhanced Recoupments, and new Marketing Drivers process. These four new tools represent a significant step forward in music distribution, promotion, and royalty transparency for Symphonic clients, enabling them to operate with higher efficiency and integrity, save time, more easily manage their finances, and more.

“We don’t use the word revolutionary lightly, but that’s what we believe these new tools really represent for our users at Symphonic,” says Jorge Brea, CEO at Symphonic.

“These tools are built on unique approaches to solving common music industry problems that unlock powerful new abilities and make them more accessible to everyone. This highlights our continued mission to enable independent artists and labels to bring their music and message to the market, while being able to utilize the most state-of-the-art tools the music industry has to offer.”

TransferTrack

Starting with Symphonic’s patented TransferTrack, this tool allows clients to transfer their existing music catalog to Symphonic using just the link to their artist page on Spotify. This enables quick and efficient distributor switching for music labels, reducing the time and effort associated with music metadata re-entry and significantly lowering the barriers to change. TransferTrack also preserves playlist placements and stream history, consolidates catalogs for independent artists, maintains the consistency and integrity of metadata, including for re-releases, and consolidates analytics.

All combined, TransferTrack enables clients to have one single platform for monitoring and strategic planning for their music. 💪

Recoupments

Symphonic’s new Recoupments tool streamlines financial recoupments across various scenarios, serving the needs of artists, labels, and production teams. The tool caters to a variety of financial arrangements in which expenses or advances need to be recouped. Sypmohonic’s Recoupments feature walks users through these often complicated scenarios, demystifying the process with no need for labor-intensive manual calculations to determine artist balances and payouts.

The interface clearly defines who will pay back an expense and for what release. Automating the recoupment processes allow artists and labels to focus more on creativity and production instead of financial administration. 🔥

SplitShare

SplitShare offers unparalleled transparency and control in the management of royalty splits, empowering music creators and rights holders with tools that go well beyond a simple Excel spreadsheet. SplitShare offers the ability to provide detailed visibility of royalty percentages to collaborators, and is designed to streamline the royalty distribution process, making it more transparent and efficient for all parties involved. Through the tool, collaborators have access to their own, free Symphonic account where they can see analytics data to monitor performance of the music and independently verify that their royalties reflect the agreed-upon track percentages. This eliminates the need for distributing and maintaining complex spreadsheets.

All parties also have free and easy access to royalty information via their Symphonic account, reducing confusion and the need for countless emails or phone calls. 💰

Updated Marketing Drivers Process

Lastly, Symphonic has made new updates to their Marketing Drivers process, better aligning the collection of clients’ marketing and promotional details with the initial set-up of their releases in the Symphonic MS. The unique story, paired with the artists’ plans for digital advertising, touring, social campaigns, videos, and the like, help Symphonic’s Marketing team seek out features and editorial playlisting for releases by creating a meaningful and impactful “Elevator Pitch.”

Now, clients only have to enter this information once for each release. These tactics and spotlights become critical differentiators for their music, rather than an afterthought. 📚

Saudi Arabia’s First Alcohol Store Has Opened In The Diplomatic Quarter

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Saudi Arabia’s First Alcohol Store Has Opened In The Diplomatic Quarter

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Saudi Arabia has said it will open a shop in Riyadh selling alcohol to a select band of non-Muslim expats, the first to open in more than 70 years.

The clientele will be limited to diplomatic staff, who have for years imported booze in sealed official packages known as diplomatic pouches.

Saudi officials said the shop would counter “the illicit trade of alcohol”.

Prohibition has been law since 1952, after one of King Abdulaziz’s sons drunkenly shot dead a British diplomat.

The new store will be located in Riyadh’s Diplomatic Quarter west of the city centre, according to a document seen by the AFP and Reuters news agencies.

A source familiar with the plans told Reuters the shop was expected to open within weeks. There will be limitations, however:

Thirsty envoys would need to register beforehand and receive clearance by the government
No one under 21 will be allowed in the store and “proper attire is required” at all times inside
Drinkers will not be able to send a proxy, such as a driver
Monthly limitations would be enforced, the statement said.
However – according to the document seen by AFP – these will not be particularly stringent.

Patrons will be limited to 240 “points” of alcohol per month. One litre of spirits will be worth six points, one litre of wine three points and one litre of beer one point.

There are also no suggestions that the clientele will be widened to “ordinary” foreigners in the kingdom without diplomatic privileges, who officially have no access to alcohol.

While alcohol will become part of Riyadh life, drinkers would be wise to be mindful of where they drink and how they behave afterwards.

Under current Saudi law, penalties for consumption or possession of alcohol can include fines, jail time, public flogging and deportation for unauthorised foreigners.

The document also said authorities are planning a “new regulatory framework” that would also allow “specific quantities” of alcohol to be brought in by diplomats to “put an end to… an uncontrolled exchange of such goods”, it added.

For years diplomatic staff have had to use their “pouches”, which cannot be tampered with by authorities in their host country, to bring in limited amounts of alcohol.

The moves are the latest in a series of initiatives known as “Vision 2030” to liberalise Saudi society under the crown prince and de facto ruler of the country, Mohammed bin Salman.

Other Gulf states operate similar alcohol regimes.

However, the UAE and Qatar also allow the sale of alcohol to non-Muslims over 21 in hotels, clubs and bars.

There is no suggestion from the Saudi document that the government there is considering doing the same.

While alcohol is forbidden under Islam, Saudi Arabia had until 1952 held a conciliatory attitude to its presence inside the kingdom.

That changed after Mishari bin Abdulaziz Al-Saud, a prince, shot dead Cyril Ousman, the British vice-consul in Jeddah, in 1951 for refusing to pour him another drink at a function.

A year later, King Abdulaziz imposed a total ban on alcohol. Mishari was convicted of murder.

https://www.google.com/amp/s/www.bbc.com/news/world-middle-east-68085190.amp

Saudi Arabia’s first alcohol store has opened in the diplomatic quarter of its capital Riyadh.

Globe Eye News

Inside story of Tinuade Sanda’s corporate downfall from grace to grass

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Inside story of Tinuade Sanda’s corporate downfall from grace to grass

The embattled boardroom lioness, Dr. Tinuade Sanda who was recently removed as the Chief Executive Officer of Eko Electricity Distribution Company (EkoDISCO), has now been dismissed from her present position at the holding company, West Power & Gas (WPG).

She was removed from her role at EkoDISCO following a Nigerian Electricity Regulatory Commission, NERC directive aimed at improving governance and operational efficiencies within the distribution sector.

Following her removal from Eko Disco, Tinuade was replaced by Rekhiat Momoh as the Acting CEO.

Tinuade, who was said to have spent each day rueing her disregard for caution, feeling she understood early enough and now could turn back the hands of time to avoid her current travail.

Losing her job with Eko Disco was a great tragedy as she hoped against reason that somehow, she would be reinstated.

She fought to be reinstated but contrary to her expectation, she wasn’t restored to her position, instead, she was seconded but later given the boot from West Power & Gas (WPG), the parent company of Eko Electricity Distribution Company (EKEDC), weeks after she was asked to return to the firm (WPG).

Tinuade, following a boardroom crisis at the distribution company, was relieved of her duties at WPG via a letter dated April 17, 2024, and signed by the company’s Chair, Charles Momoh.

Sources said Tinuade may have been a victim of an internal shareholder jostle for control between the company chairman Oritsedere Otubu and majority shareholder Walter Wagbatsoma.

Until she was posted to the EKEDC as a Managing Director and Chief Executive Officer (MD/CEO), Tinuade served as the Chief Finance Officer (CFO) of WPG, a consortium of local businesses owning a 60 per cent stake and controlling interest in Eko Disco.

Her sack from WPG concludes a series of high-profile shifts in leadership within the organization, driven by directives from the NERC.

But sources said her journey into infamy started with a step leading to her falling with a stumble.

Tinuade’s tragedy may be attributed to her arrogance which has cost her the much dream job.

She enjoyed a perfect opportunity to prove her prowess, puncture the anti-female boardroom stereotype, and tower twice her natural size, above her male and female peers but she blew it.

So disgusted was the company’s board with her perceived misconduct that all the members allegedly voted for her immediate dismissal as the company’s MD/CEO.

Aside that she was booted out of her high offices at EKEDC and WPG as a consequence of high-wired politics and power play that took place over several months, Tinuade, until her removal, carried on like a lioness and roared at will, threatening the peace of both the old and young in her orbit.

Although there was initially some vigorous push-back by her supporters, Tinuade, who openly challenged her removal and dismissed it as unacceptable, lost in the acrimonious battle to reclaim her spot.

The scariest aspect of being sacked from her exalted positions at EkoDISCO and WPG, is her alleged lack of moral and emotional support at the homefront.

Tinuade allegedly looked down on the world, her husband, Sola Sanda, included, thinking how ugly and despicable they all were.

The Corporate lioness was said to have deserted her matrimonial home and ended her marriage at the cusp of the ascent of her career ladder.

Insiders revealed that Tinuade brazenly called it quits with her husband, Sola, and moved out of their matrimonial home with the kids, into a posh residence in Ikoyi.

Thus as her ordeal persists, she has no shoulders to cry on and no one to wipe her tears. And this revealed sources very close to her, has aggravated the emotional strain that she has been experiencing since she became embroiled in the high-wired power play that cost her job.

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PRESIDENT TINUBU APPOINTS JIM OVIA AS CHAIRMAN OF THE NIGERIAN EDUCATION LOAN FUND

EDUCATION 0
STATE HOUSE PRESS RELEASE PRESIDENT TINUBU APPOINTS JIM OVIA AS...

PRESIDENT TINUBU TO DUTCH INDUSTRY: PARTNERSHIPS MUST BE TRANSFORMATIVE; THEY MUST TRANSLATE INTO REAL GAINS FOR OUR CITIZENS

ECONOMY 0
STATE HOUSE PRESS RELEASE PRESIDENT TINUBU TO DUTCH INDUSTRY: PARTNERSHIPS...

TOXICOLOGY RESULT TO DETERMINE MOHBAD’S CAUSE OF DEATH NOW READY

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  The toxicology test carried out to determine the cause...

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