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Elegushi to celebrate coronation anniversary with N200 Million Grant for SMEs, students

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In a remarkable show of commitment to community development and empowerment, the Oba Saheed Elegushi Foundation has announced a generous allocation of N200 million to support small and medium-sized enterprises (SMEs) and students in Eti-Osa area of Lagos State. This initiative coincides with the 15th anniversary of His Royal Majesty, Oba Saheed Ademola Elegushi, the Elegushi of Ikateland, who has dedicated his reign to fostering growth and prosperity within his community.

 

In press statement signed by the traditional ruler’s spokesperson, Temitope Oyefeso, he said the foundation’s initiative aims to provide financial assistance and resources to local entrepreneurs and students, helping to stimulate economic growth and enhance educational opportunities.

 

The funding will be distributed through various programs designed to support innovation, entrepreneurship, and academic excellence.

 

Oba Elegushi, who has been a pivotal figure in promoting sustainable development in his kingdom and Lagos State, expressed his deep commitment to uplifting the community.

 

“As I celebrate 15 years on the throne, I am continuing in the tradition of giving back to the society that has supported me. This initiative is a testament to my belief in the potential of our youth and the resilience of our entrepreneurs. Together, we can build a brighter future for our communities,” he stated.

 

This initiative not only marks a significant milestone in the Elegushi monarch’s reign but also reinforces the foundation’s commitment to driving positive change within its area of focus.

 

Oyefeso added that a planning committee, headed by lagos lawyer Dr Muiz Banire, is already working round the clock to ensure a successful celebration for the traditional ruler.

 

Other activities planned to celebrate the milestone anniversary, which holds from 18 – 27 April 2025, include the public presentation of a book on the history of Ikate-Elegushi kingdom, conferment of honorary chieftaincy titles on eminent Nigerians, as well as a cultural festival and an anniversary banquet.

 

Oba Saheed Elegushi was installed as the 21st Elegushi of Ikate kingdom on the 27th of April 2010.

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Aisha Achimugu Wins Entrepreneur of the Year Award

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Aisha Achimugu, OFR, an Abuja-based businesswoman and Chief Executive Officer of Felak Concept Group, a firm that is into civil, structural and transportation engineering, is one of the highly respected employers of labour in the country.

 

Undoubtedly, the serial entrepreneur that deals in exploration, production and distribution of petroleum products, has made and continues to make huge contributions to the nation’s economy.

 

She has proved to be someone that matches street smartness with book wisdom.

 

Brick by brick, Achimugu has built a vast layout of opportunities for young Nigerians and has demonstrated that greatness can be earned through diligence and hard work, making her great impact in various sectors.

 

At different times, the Founder and President of SAM Empowerment Foundation has also been duly recognized for her industry and philanthropy within and outside the country.

 

Interestingly, last night Saturday March 1st, at the prestigious Eko Hotel and Suites, Victoria Island Lagos, family, friends and fans shared in the joy of the 51-year-old, who holds a degree in Accounting from the University of Jos and a Master’s in Business Management from the University of Belize, when she bagged the award of Entrepreneur of the Year at the Sun Newspapers Awards ceremony.

 

During the ceremony, many of the distinguished guests were said to have intoned that she would have also won an award for the Philanthropist of the Year, if there was such a category.

 

Indeed, she is not lagging behind in philanthropy, considering that her well documented humanitarian gestures had impacted millions of people and communities in Nigeria over the years.

 

The very elated woman posted on her social media, she acknowledged the award.

She wrote:

‘’The Sun Publishing Limited has proudly recognised me, as the Sun entrepreneur of the year, celebrating my outstanding contributions to business, leadership and social impact.

t’s such an honor to be recognized as The Sun Entrepreneur of the Year 2025

 

As a visionary leader and the President of Felak Group of Companies, I have consistently demonstrated excellence across multiple industries, including engineering, maritime, oil and gas, ICT, and development. My ability to drive innovation while maintaining integrity and business acumen has set me apart as a trailblazer in Nigeria’s entrepreneurial landscape.

 

My recognition is not only a testament to my business expertise but also to my commitment to national development. From my early academic pursuit as a pioneer in Nigeria’s maritime sector, I have made history as the first female transaction advisor for the Ibaka Seaport project. Additionally, my philanthropic efforts have impacted countless lives, reinforcing my dedication to uplifting communities through The Aisha Achimugu Foundation

 

The Board of Editors of The Sun Publishing Limited acknowledged my relentless drive, economic contributions, and unwavering commitment to excellence hence The Entrepreneur of the Year Award bestowed upon me

 

The award was formally presented to me at The Sun Awards 2026 in Eko Hotel, Lagos, on March 1, 2025, in the presence of industry leaders, dignitaries, and well-wishers.

 

Congratulations to myself and all recipients’’

 

In her younger days, she was the envy of some of her friends simply because she easily proved to have known her right from her left when some of them were still tied to their mothers’ apron strings.

 

Much later, when she floated her business, it took her little or no time to prove that she is indeed set out to pursue her dream on the global stage.

 

Though, it was considered an impossible task by some naysayers, she was determined to pursue her ambition of ruling the world with her unwavering doggedness.

 

Today, she rubs shoulders with other world-class and renowned business moguls as she has gradually built her career to the international stage.

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OBA ELEGUSHI DEBUNKS MISINFORMATION ON SECURITY DETAILS

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His Royal Majesty, Oba Saheed Ademola Elegushi (Kusenla III), has debunked the misinformation going round in a section of the media, over the purported withdrawal of security details attached to him.

 

In a statement Friday signed by Otunba Temitope Oyefeso, the popular Monarch’s Special Assistant on Public Affairs, he stated that contrary to the peddled misinformation, it is pertinent to note that this routine shuffling of security aides by the police authorities is not unusual and does not have any political meaning.

 

“The police authorities informed the palace of a possible change in personnel and sought the understanding of His Royal Majesty,” the statement reads in part.

 

With this understanding, the replacement of the security detail was done at this time, since the popular monarch is on a short visit outside the country, after which he is expected to perform lesser hajj at the holy land.”

 

The Palace of His Royal Majesty enjoined the public to kindly disregard any insinuation as it relates to the motive of this routine police operation.

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Natasha threatens to expose Akpabio as group petitions Senate

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The senator representing Kogi Central, Natasha Akpoti-Uduaghan, has vowed to expose the leadership style of Senate President Godswill Akpabio.

Her declaration comes after she was referred to the Senate’s Ethics and Disciplinary Committee following a confrontation with Akpabio over a seating arrangement dispute.

Akpoti-Uduaghan stated that she was ready to appear before the committee but insisted that the proceedings should be open to the public rather than conducted behind closed doors.

She made this known in a post on her Instagram account, calling for a live broadcast of the probe.

“Good morning, courageous people of Kogi Central, Kogi State, and Nigeria,” she wrote. “Inasmuch as I have refrained from publicly speaking on the matter and a lot of occurrences at the Senate under Senate President Akpabio, it’s about time I break my silence.

“Arise News, set a date, and I shall be in your studio in person. Spare no questions.

“And to Nigerians, please be sure to join the probe, which I shall insist would be covered live. The next few days and weeks shall be interesting but will shape the standard and quality of Nigeria’s leadership.”

The senator’s reaction followed a petition filed against her by the Northern Youths Advocacy for Excellence to the Senate Committee on Ethics, Privileges, and Public Petitions.

The petition accused Akpoti-Uduaghan of corruption, abuse of power, and mistreatment of staff within the Senate Committee on Local Content, which she chairs.

The petition urged the Senate Committee on Ethics, Privileges, and Public Petitions to conduct a thorough investigation into her alleged “illegal, subversive, and intimidating activities” and impose necessary disciplinary measures.

Akpoti-Uduaghan has, however, maintained her innocence and insisted on transparency, promising to speak openly about the allegations and other issues within the Senate leadership.

Trouble started last week when the female Kogi lawmaker confronted the Senate President over the relocation of her seat at the Senate.

In the heated exchange of words, Akpabio called on the Senate security to walk Akpoti-Uduaghan out of the chambers.

Intervention by other senators, however, saved the day. But the Senate, in a statement by its spokesman, Senator Yemi Adaramodu, berated Akpoti-Uduaghan for standing up to the Senate President, reminding her that the Senate is not for entertainment.

On Tuesday, the Kogi lawmaker filed a N100.3bn defamation lawsuit against Akpabio and others.

 

The Punch

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