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Gbenga Badejo Becomes 54th President of Rotary Club of Ikeja

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Rotarian Gbenga Badejo has been installed as the 54th President of Rotary Club of Ikeja.

 

The colourful ceremony which took place last Sunday at Sheraton Hotels and Suites in Ikeja also witnessed the induction of the new board for the Rotary 2021/2022 year as well as presentation of awards to Rotarians and non-Rotarians, including 50 years of Rotary to Chief Olusegun Osunkeye.

 

Speaking at the ceremony which was attended by the Deputy Governor of Lagos State, Engr. Obafemi Hamzat who was represented by Dr. Aina Oluwagbemiga, Dorothy Ufot (SAN) and Akinla of Erin Ijesha, Oba Isaac,Rotarian Badejo said that   he planned to continue with the club’s signature and legacy projects to achieve maximum impact in their adopted communities.

According to him, ‘’Some of my key projects for this Rotary Year are, building of Rotary Club of Ikeja Youth Community Centre for Leadership and Vocational Training- in collaboration with Lagos State Government, setting up of 20-seater ICT Centre for SOS Children’s Home, Micro Credit schemeinterest free loans and renovation of a Block of Classroom with Complete furniture for Ikeja Junior High School.

 

He added that, ‘’We plan to build a Games Court that can accommodate Handball, Badminton & Volleyball, supply Medical equipment to LASUTH, give awards to Health care Professionals that have been adjudged to be excellent performers, visit and provide relief materials to Orphanages and IDP camps.

 

Rotarian Badejo concluded that the club would also host its annual SOS Children village Xmas Party, offerfree test Medical Services to the Oregun Community, and distribute mosquito treated nets, provideborehole for Olusola Model Primary School Hudson Wright Oregun, donate equipment for Artisans, train and retrain Primary School teachers as well as engage in tree planting.’’

 

Rotarian Badejo, the fifth child of the Late Rev. Jacob Adesoga Badejo and Late Mrs Grace Folorunsho Badejo of Ijebu – Igbo, Ogun State, graduated from Nigeria’s Premier University – University of Ibadan in 1984 with a Degree in Geography from the Faculty of Social Sciences and emerged one of the best in his class.

He capped his career journey as a Fellow of Institute of Chartered Accountants, with many record-breaking achievements to his credit.

 

Rotarian Badejo was humble enough to take up Accounting from the scratch and eventually qualified as a Chartered Accountant having trained at BDO Binder Balogun Badejo & Co, Chartered Accountants where he cut his teeth in accounting and consulting and later Ayorinde Thomas & Co., Chartered Accountants.

 

He became the pioneer Finance Manager of SO & U Saatchi in 1991 an International Integrated Marketing Communications Company having offices in 36 countries across continents, and he rose to become the Chief Accountant and Head of Admin in 1996 before leaving to set up an accounting and consulting firm.

 

As the Managing Partner and Chief Executive Officer of both GBC Professional Services and Gbenga Badejo & Co (a firm of Chartered Accountants and Tax Practitioners, Rotarian Badejo has successfully moved these organizations beyond introductory stages to the level of relevance and value; specializing in Assurance, Audit, Taxation, Forensic Audit, Financial and Management Consultancy, Mergers & Acquisition, Business Incubation, Corporate Re-organization & Restructuring, Corporate Governance & Insolvency with clients across industries.

 

Today, GBC has now, under his leadership, gone global. GBC is now a Correspondent Firm of Reanda International; an international network of Independent Accounting and consulting Firms with 41 Member Firms and over 250 partners with 4,500 staff in 147 locations across the globe including Asia, Africa, Middle East and Europe.

 

An accomplished professional, scholar and motivational speaker, Rotarian Badejo, a Fellow of The Institute of Chartered Accountants of Nigeria, Fellow of The Chartered Institute of Taxation, Fellow of The Nigerian Institute of Management Member of the Nigerian Institute of Chartered Arbitrators (NICArb), Alumnus of the Lagos Business School and an Alumni of Harvard Kennedy School has many corporate caps he is wearing.

 

He was appointed Expert-In-Residence at the Lagos Business School, Enterprise Development Centre, in recognition of his acumen, to counsel and mentor part of a pool of upcoming SMEs. He is Expert-in-Residence for Nigerian-British Chamber of Commerce.

 

He served on the Board of ICAN Faculty for Forensic Audit and Investigation, ICAN Practice Monitoring Group and ICAN Professional Practice Monitoring Committee. He was subsequently awarded a Certificate of Proficiency by ICAN in Corporate Finance. He is Vice-Chairman, Finance &General purpose Committee – Nigerian-British Chamber of Commerce and Member of Micro and Small Medium Enterprise (MSME) Committee

 

He, at varied times, attended Lagos Business School CEP22, Strathmore Business School, Nairobi and IESE, Barcelona, Spain, and The Harvard Kennedy School, Cambridge, USA. He was also part of the Nigerian-British Chamber of Commerce Delegation to Commonwealth Heads of Government Conference in the United Kingdom in 2018.

 

An astute Boardroom guru, Rotarian  Badejo had served and still serving on the following boards as a Non-Executive Director, Funmi Stores Limited, award winning  distributor to all the major FMCG companies in Nigeria, Non-Executive Director, BDS Consult, a Training and Management Development Consultancy outfit, Non-Executive Director, Pratix Consulting Limited – a Project Management outfit with interest in Real Estate and Power, Pioneer Director, Omoluabi Garment Factory Limited – a Public Private Partnership (PPP) project between Sam & Sara Ventures Limited and the Osun State Government, Non-Executive Chairman, Crowne Farms Limited – a fledging Agri-Business, Director, Investment 2000 Limited – An Investment Portfolio Company, Director, Primus 1948 Limited – A World Class Property and Mall Development Company and Non-Executive Vice-Chairman, Emergent Power and Energy Development Company.

 

He is a Member of the Nigerian-South African Chamber of Commerce, Member of the Nigerian-British Chamber of Commerce and Member of the Association of Reporting Accountants and Auditors in the Capital Market (SEC regulated)

 

A lover of God and an ardent member of the Methodist faith, Badejo, a Knight of John Wesley, was the Past President- YMCA Methodist Church Opebi Cathedral of Peace and Excellence, Treasurer- Christian Brothers Society, Pioneer Treasurer- Diocese of Lagos West (The Best Diocese in the Conference Area during his tenure), Patron- Association of Methodist Brigades, Special Member- YWCA Methodist Church Opebi, Cathedral of Peace and Excellence and Patron- Choir of Excellence Methodist Church Opebi, Cathedral of Peace and Excellence.

 

Apart from the highest honour of the Methodist Church Nigeria, Knight of John Wesley (KJW) conferred on him for his outstanding support towards the growth of evangelism in the church, Rotarian Gbenga Badejo also won the Sebeccly Cancer Care Award – In recognition of sterling support and contribution towards Cancer Control, A Guinness World Record Project for the World Largest Human Pink Ribbon formed by 7,598 Nigerians on 10th October, 2015, Award by IMTC / NCC UK for pioneering efforts leading to the procurement of a Franchise Agreement for Nigeria, Comprehensive High School Old Students’ – Award for Excellence and the Methodist Church Nigeria – Diocese of Lagos West – Award for Excellence

 

RotarianBadejo served meritoriously in various capacities within Rotary before becoming the 45th President of Rotary Club Ikeja today. He was a 3- time past Treasurer and the Rotary Foundation Director, Rotary Club of Ikeja.

 

Rotarian Badejo who plays Golf, Squash and Table Tennis at his leisure is a Member of Ikeja Golf Club and Lagos Country Club. He is happily married with three children who are budding professionals in their respective fields.

 

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Oniru confers chieftaincy titles on Smith, Idowu, Olorunnimbe, Akintoye others

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The Oniru of Iru-land, His Royal Majesty Oba Abdul-Wasiu Omogbolahan Lawal CON [Abisogun II] has announced the conferment of honourary chieftaincy titles on eminent and distinguished citizens of Nigeria.

 

The revered monarch unveiled the shortlist of recipients as part of activities to mark the fifth anniversary of his peaceful reign on the revered throne.

 

Among the esteemed honourees are Iya Oba of Iru Kingdom – Chief (Mrs) Basira Titilayo Smith, Aare Majeobaje of Iru Kingdom – Chief Adeyemi Idowu, Aare So’ludero ofIru Kingdom- Chief Muyiwa Gbadegesin, Ph.D and Erelu Asa of Iru Kingdom – Chief (Mrs) Bolane Austen-Peters, Aare Fiwagboye of Iru Kingdom – Chief Lukman Olayiwola Mustapha, Asoju Oba of Iru Kingdom- Chief Idris Ibikunle Olorunnimbe and Ajiroba ofIru-Kingdom- Chief Adegboyega Hakeem Akintoye.

 

While extending congratulations to the distinguished honourees on behalf of His Majesty and the Oniru-in-Council, High Chief Abayomi Daramola, Balogun of Iru-Land, in a statement revealed that the conferment of titles will be performed on 14th June, 2025 at the palace (Aafin Oba Oniru), Victoria Island, Lagos.

 

The statement read in part, “to mark the fifth-year anniversary of his ascension to the revered throne of his forebears as the 15th Oniru of Iru-land and after a rigorous selection process, His Royal Majesty Oba Abdul-Wasiu Omogbolahan Lawal CON [Abisogun II] – The Oniru of Iru-land upon the recommendation of the Oniru-in-Council, has issued a Royal Decree approving the conferment of respective honouray Chieftaincy titles on the underlisted eminent and distinguished citizens.”

 

 

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Society

‘Not My Property’ – Ex-Petroleum Minister, Diezani Exposes Owner Of Recovered $52.8 Million Loot

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Nigeria’s former Minister of Petroleum Resources, Diezani Alison-Madueke, has clarified that she is not connected to the $52.5 million that was recently brought back to the country from the United States of America (USA).

Society Reporters recalls that the federal government on Friday, January 10, announced the receipt of $52.88 million in recovered Galactica assets linked to the former Minister of Petroleum.

The Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, announced the recovery during a formal signing ceremony of the asset return agreement in Abuja.

Fagbemi explained that $50 million of the recovered funds would be channelled through the World Bank for the development of rural electrification projects.

The remaining $2.88 million, he added, would be allocated to the International Institute of Justice to enhance the justice system and support anti-corruption initiatives.

However, in a statement issued on Sunday, Diezani, who has been residing in the United Kingdom (UK) since departing from Nigeria, asserted that the funds associated with her in the media as illicit gains actually belonged to Nigeria’s oil entrepreneur, Kola Aluko.

Finally responding to the alleged recovery through her attorney, Mike Ozekhome SAN, Diezani maintained that the term “Diezani Loot” is unfounded, as she had no involvement in the circumstances surrounding the forfeiture of the funds by its rightful owner.

Expressing her stance, the former minister stated that the $52.5 million originated from a vessel that was confiscated by the American authorities from Kola Aluko, which was subsequently sold, with the proceeds returned to the Nigerian federal government.

Her disavowal of ownership over the funds was detailed in an extensive press release issued on Sunday by the Chambers of Mike Ozekhome SAN, titled “There is no such thing as Diezani Loot.”

The statement reads: “My chambers makes this intervention in the public domain as Solicitors to Diezani Alison-Madueke (DAM) ,the former Minister of Petroleum Resources, HMPR.

“As her Solicitors, we are fully versed in and conversant with her present ordeal and the entire facts surrounding her matters both here in Nigeria and abroad. So, we write from the vantage position of one that is aware of the cocktail of lies that have been spurned around her cases in the last ten years.

“Many of the narratives are outrightly false; some others sheer outlandish speculations; and most, simply bizzare stories cooked up by her traducers to extract a Shylock’s pound of flesh from her for reasons she does not know and cannot even fathom.

“This intervention therefore seeks to correct this skewed narrative and set the records straight for purposes of history. Many Nigerians often talk about wanting ‘technocrats’ to be involved in governance. They desire that people with character and integrity should join politics.

“We agree with them. However and regrettably too, now and again and many a time, the same people not only allow, but actually join the bandwagon to mob-lynch those who chose to serve the nation.

“And we often do this insidiously, covertly and overtly, even when there is no concrete or even any iota of proof that such public officers ever abused their offices or stole from public coffers.

“It is therefore surprising and of great concern to us, to see the level of sustained vilification of an innocent Nigerian citizen who has not yet been tried and found guilty of any offence known to law by any court of law whether in Nigeria or abroad. The person at the receiving end is Citizen Diezani Alison-Madueke (DAM).”

Mischievous And Cruel
The statement from Ozekhome’s office described the earlier claims about the asset recovery as misinformation and defaming.

It said: “We note with concern the recent deliberate attempt to link her with what has been described as a civil forfeiture of a yacht Galactica, the sale of which was said to have yielded $52.8m to the US government; which sum has since been repatriated to Nigeria.

This is a clear example of the mischievous and cruel sport of tarnishing the image of the lady through a bouquet of consistent, persistent and unrelenting cocktail of falsehoods and misinformation.

“The purveyors of this line of misinformation term it “name-and-shame”. To sell the storyline, the architects ensured they attached Diezani’s name to a recovered yacht which is not in any way linked to her.

“They now falsely termed it “Diezani loot”. Nothing of the sort ever happened. She was never involved in the purchase, use and sale of the said yacht.

“The yacht Galactica, from information readily available in the public domain and in open sources, was purchased by Mr Kola Aluko who had used the vessel until he agreed to its forfeiture to the United States of America.

“The yacht Galactica was neither owned nor ever used by our client. DAM has in fact never set her eyes on the yacht. Kola Aluko is an experienced businessman who had been in business well before DAM came into office as HMPR.

“The only tenuous basis for deliberately linking DAM to the said yacht is the false narrative that the Strategic Alliance Agreements (SAAs) which were entered into between Kola Aluko & Jide Omokore’s Atlantic Energy companies and NNPC, were allegedly corruptly awarded to the said companies by DAM. DAM was not the GMD of the NNPC as so did not and could not have awarded the said contracts.

“We plead, as her lawyers, with all and sundry that she be accorded fair hearing and that the process of these UK court proceedings be allowed to take their natural course to avoid prejudice to her in the ongoing subjudice UK proceedings against her.

”Those purveyors and peddlers who habitually spin these outrightly false, unfounded, defamatory, unintelligent and indefensible narratives to denigrate and humiliate her should please find better use of their time and leave DAM alone.

“Let the law take its natural course without interference. We humbly pray.”

 

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Society

Bisi Onasanya, ex FirstBank MD flees Nigeria to Ghana as EFCC closes in……

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Bisi Onasanya, the embattled former Managing Director of FirstBank has followed in the steps of Oba Otudeko, the former chairman of FBN Holdings and fled the country.
Onasanya who is expected to appear at the Federal High Court in Lagos on Monday January 20 to answer to the charges brought against him by anti-graft agency, the Economic and Financial Crimes Commission, EFCC, may likely be absent in court as he is currently holed up in Ghana in hiding.

He was spotted at Movenpick Hotel in Accra where he checked in at exactly 8 am on Friday morning.

Society Reporters had earlier reported that Onasanya will be arraigned before Justice Chukwujekwu Aneke for looting over N12.3 billion.

He will be arraigned alongside Otudeko, also the chairman of Honeywell Group who is equally on the run, as well as two others, a former board member of Honeywell Group, Soji Akintayo and a firm, Anchorage Leisure Limited connected to Otudeko.

The quartet committed fraud in tranches of N5.2 billion, N6.2 billion, N6.150 billion, N1.5 billion and N500 million, N6.2 billion and N2.09 billion between 2013 and 2014 in Lagos.

The 13-count charge, filed by EFCC counsel Bilikisu Buhari on January 16, 2025, further claimed that the defendants made and uttered forged documents to deceive the bank.

Specifically, count 1 accused the defendants of conspiring “to obtain the sum of N12.3 billion from FirstBank Limited on the pretence that the said sum represented credit facilities applied for by V-TECH DYNAMIC LINKS LIMITED and Stallion Nigeria Limited, which representation you know to be false.”

In Count 2, it was alleged that the defendants, on or about the 26th day of November 2013 in Lagos, “obtained the sum of N5.2 Billion from FirstBank Limited on the pretence that the said sum represented credit facilities applied for by V TECH DYNAMIC LINKS LIMITED which representation you know to be false.”

The 3rd count claimed that the defendants, between 2013 and 2014 in Lagos, obtained N6.2 Billion from FirstBank Limited on the pretence that the said sum represented credit facilities applied for and disbursed to Stallion Nigeria Limited, which representation you know to be false.”

In the 4th count, they were accused of conspiring to spend the N6,15 billion, out of the monies.

According to the Commission, the offences contravened Section 8(a) of the Advance Fee Fraud and Other Fraud Related Offences Act 2006 and are punishable under Section 1(3) of the same Act.

Counts 5 and 6 read: “That you, CHIEF OBA OTUDEKO, STEPHEN OLABISI ONASANYA, SOJI AKINTAYO AND ANCHORAGE LEISURE LIMITED on or about 11th day of December 2013 in Lagos, procured Honeywell Flour Mills Plc to retain the sum of N1,5 Billion, which sum you reasonably ought to have known forms part of proceeds of your unlawful activities to wit: Obtaining by False Pretense and you thereby committed an offence contrary to Section 18(c), 15 (2) (d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15(3) of the same Act.

“That you, CHIEF OBA OTUDEKO, STEPHEN OLABISI ONASANYA, SOJI AKINTAYO, AND ANCHORAGE LEISURE LIMITED on or about the 17th day of December 2013 in Lagos, converted to the use of Honeywell Flour Mills Plc the sum of N500 million only which sum you reasonably ought to have known forms part of proceeds of your unlawful activities to wit: Obtaining by False Pretense and you thereby committed an offence contrary to Section 15(2 (b)) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15(3) of the same Act.”

“That you, CHIEF OBA OTUDEKO, STEPHEN OLABISI ONASANYA, SOJI AKINTAYO, AND ANCHORAGE LEISURE LIMITED on or about the 17th day of December 2013 in Lagos, converted to the use of Honeywell Flour Mills Plc the sum of N500 million only which sum you reasonably ought to have known forms part of proceeds of your unlawful activities to wit: Obtaining by False Pretense and you thereby committed an offence contrary to Section 15(2 (b)) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15(3) of the same Act.”

The Street Journal

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