Connect with us

Society

You don’t own Redbrick Homes, others,” lawyers tackle Babatunde Gbadamosi

Published

on

 

Babalakin and co, lawyers to Redbrick Homes International Limited, Amen City Ltd, Ashlead Estates and Ms Folasade Balogun have refuted the claim by one of his former directors and politician Mr Babatunde Gbadamosi on social media that Amen Estate and Amen Estate Phase 2 of Eleko Beach Road, Ibeju-Lekki, Lagos State are not only assets of Redbricks and Ashlead but that they also belong to him. .

 

In a statement dated 19 September, 2024, the lawyers stated that Gbadamosi, governorship candidate of the Action Democratic Party in the 2019 Lagos State gubernatorial election, made a false claim in every respect, as he had voluntarily relinquished his entire shareholding interests in those companies, following his voluntary resignation as a director in those companies since July 2021.

 

They backed up their statement with the publication of Gbadamosi’s letter of voluntary resignation dated 1st July, 2021.

They also added that “his directorship resignations and shareholding relinquishment have been duly filed at the Corporate Affairs Commission and are available to the public for verification.”

 

The statement reads as follows:

 

“We are Solicitors to Redbrick Homes International Limited (Redbricks), Amen City Ltd, Ashlead Estates Ltd (Ashlead) and Ms Folasade Balogun (formerly Mrs Folasade Gbadamosi) and our attention has just been drawn to a social media post authored by one Babatunde Gbadamosi.

 

“In his post Babatunde alleges that Amen Estate and Amen Estate Phase 2 of Eleko Beach Road, Ibeju-Lekki, Lagos State are assets of Redbricks and Ashlead. He states further that Redbricks and Ashlead belong to him and Ms Balogun. This information is false in every respect and we hereby advise the public to ignore it.

 

“Babatunde Gbadamosi voluntarily relinquished his entire shareholding interest in Redbricks and Ashlead and resigned his directorship in these companies as far back as July 2021 under a notarised legal instrument. He has no interest whatsoever in either the above companies or any of their assets that he listed, namely Amen Estate, Amen Estate 2, TIARA, Emerald Bay, Emerald Park and Amen City.

 

“His directorship resignations and shareholding relinquishment have been duly filed at the Corporate Affairs Commission and are available to the public for verification. None of these assets is listed as “marital assets” that is subject of litigation between Babatunde Gbadamosi and Ms Sade Balogun. ”

 

Recall that the management of Redbricks Homes put out a public notice to all investors and potential investors in the company that was published in Punch on 26th February, 2022.

 

In that publication, the management also refuted a certain material in circukation to the effect that Mr Babatunde Olalere Gbadamosi is associated with Redbrick Homes International Ltd and its real estate projects.

 

“For the avoidance of doubt, once upon a time, Mr Gbadamosi, a full time Politician, used to be a sleeping partner/shareholder without any financial investment and one of the Directors of Redbrick Homes International Ltd, but he has since voluntarily transferred, for consideration, the entirety of his shares in Redbrick Homes Intl Ltd and has also resigned his directorship of its Board since July 1, 2021.

 

“The Board composition, shareholding structure and share capital of Redbrick Homes International Ltd has accordingly changed completely. Folasade Balogun (formerly Folasade Gbadamosi) remains the Chairman and Chief Executive Officer of Redbrick Homes Intl Ltd, a position she has served in since the inception of the company and under her leadership, Redbrick Homes Intl Ltd has continued to deliver quality service to its customers uninterrupted.

 

These facts can easily be verified at the Corporate Affairs Commission, ” the public notice read.

Society

Days After Wife’s Death, Akwa Ibom Governor Umo Eno Names Acting First Lady…

Published

on

By

 

Governor Umo Eno has appointed his daughter, Mrs. Helen Eno Obareki, as the acting First Lady of Akwa Ibom State.

 

This follows the death of his late wife, Pastor Patience Umo Eno.

 

On Friday Senator Oluremi Tinubu, Nigeria’s First Lady, led a delegation of dignitaries, including Hajia Nana Shettima, wife of the Vice President, and wives of state governors and presiding officers of the National Assembly, to condole with Governor Eno.

 

Senator Tinubu praised Governor Eno’s decision, noting that it reflects practices seen in the United States and is a thoughtful way to sustain the late Patience Eno’s legacy. “I want to thank God for Patience’s life, though short, she completed her race. May God comfort you, your family, and your children.”

 

Meanwhile, Governor Eno reflected on his deep bond with his late wife, describing her as his “greatest supporter and toughest critic.” He introduced his daughter as the new acting First Lady.

 

He said, “It is not an easy task ahead. But to maintain the Office of the First Lady and carry forward my late wife’s work, I present our daughter, Helen, to continue the duties of

the office.”

 

 

Continue Reading

Society

Tension in Rivers as Fubara insists on LG elections holding Tomorrow 

Published

on

By

 

There is tension in Rivers State following the insistence of Governor Siminalayi Fubara to hold the scheduled local government elections scheduled tomorrow, Saturday.

 

 

Also, the governor accused the Inspector General of Police, IGP, and the entire Police Force of serving the interest of an Abuja-based politician to scuttle the local government election.

 

 

Governor Fubara made the allegations while addressing a world press conference at Government House in Port Harcourt today, Friday.

 

The governor said the already scheduled local government election, barely hours away, cannot be stopped or truncated because a particular person does not want it conducted.

 

He said that everything that needed to be done about the electoral process legally, security-wise and logistically, including the voters, had been finalised and voters sensitised because of their high confidence levels.

 

 

Governor Fubara said even the Police have been informed, and are expected to discharge their statutory professional security duties, particularly because the court also directed so in its judgement on the election.

 

He expressed regret that rather, the Police have become hired agents sent to attack the headquarters of Rivers State Independent Electoral Commission, RSIEC, and tried but in vain to cart away sensitive materials.

 

Night raid

 

 

Fubara said: “In the early hours of this morning (Friday), I got a security report that the Rivers State Independent Electoral Commission, RSIEC, office has been invaded by the Nigerian Police.

 

 

“I was really surprised, because before that time, I got a copy of a signal withdrawing the police officers that were guarding the premises. So, I had to drive to the place myself since the facility belongs to the Rivers State Government.

 

 

Getting to the scene, and to the shock of everyone who accompanied me there, I met the presence of some fierce-looking policemen in one truck and three other empty Hilux vans trying to force their way into the premises.

 

 

And, I had to stop them. In the process, we discovered that that movement (operation), was a deliberate attempt by the Nigerian Police Force, both the Rivers State Command and the Headquarters (Abuja), to steal the electoral materials.

 

 

But by the special grace of God, that act was foiled.”

 

Governor Fubara questioned how low the Police stooped, allowing its officers to engage in such illegal acts that suggested that they have become enemies of Rivers State.

 

Otherwise, Governor Fubara wondered, why would the Police attempt to take over control of RSIEC or be used to stop an ongoing democratic process, which will lead to the emergence of elected political leadership at the local government councils.

 

 

Governor Fubara said: “Here are the questions: first, is the Rivers State Independent Electoral Commission, RSIEC, not an agency, and a process that is being controlled by the State Government?

 

“Is it not a system that is governed by the law of the State? Why is Rivers State’s case different?

 

 

The second part of it is: what is the special thing about this issue of taking over the premises by the Police? If we should go by what they claim that they had a court order, the court ruling said, don’t give RSIEC voter register, don’t give RSIEC police protection.

 

“Did the judgment say they should seal the premises? Or don’t allow them to conduct the election?”

 

 

Governor Fubara also said: “However, the Rivers State Government and RSIEC itself also had a judgment that states clearly: conduct the election with the voter’s register of 2023; and police, DSS, Nigeria Army and other sister agencies should provide security.

 

 

“I might not be a lawyer, but I understand clearly that when it comes to the issue of judgment, there is something they call first-in-time.”

 

 

Governor Fubara asked if there is any other court unknown to him that is bigger than the Supreme Court of Nigeria, whose judgment concerning a proper constitution of elected Local Government Councils is being obeyed in Rivers State.

 

 

Continue Reading

Society

Minister Of Power, Bayo Adelabu Says Electricity Tariffs To Drop Soon As Power Generation Increases..

Published

on

By

 

The Minister of Power, Adebayo Adelabu, has announced that ongoing enhancements in power generation and distribution may lead to a decrease in electricity tariffs across Nigeria.

 

The minister made this known during a meeting with Mr Tosin Adeyanju, the Executive Secretary of the National Lottery Trust Fund.

 

In a statement on Thursday, by the Minister’s Special Adviser on Strategic Communication and Media, Mr Bolaji Tunji, Adelabu noted that about 40% of consumers were receiving high amount of power, with the country generating an average of 5500MW.

 

 

Currently, customers in Band-A are charged N206.5 per kWh following the Federal Government’s subsidy removal, which was part of an agreement to provide a minimum of 20 hours of power supply daily.

 

He emphasised that “the price of electricity is still the cheapest in Nigeria, compared to other African nations such as Togo, Mali, and Niger Republic.”

 

He acknowledged that Nigeria’s low-income levels made the cost appear high to consumers.

 

 

Furthermore, he asserted, “It is still far cheaper to use electricity than to run generators, using petrol or diesel, given the current prices of those commodities.”

 

The Minister expressed optimism about the future, stating, “there is a possibility of a reduction in the current tariff as generation and distribution are ramped up.”

 

In his remarks, Adeyanju commended the minister for his performance over the past year, highlighting his competence and efforts to restore Nigerians’ confidence in the power sector.

“I would like to commend you as a minister who is actively improving the power sector. Since 1999, we have not seen the level of improvement in electricity supply that we are witnessing today.

 

 

Previously, many people were turning to solar energy due to the poor supply. However, your leadership has restored public confidence in the sector,” Adeyanju stated.

 

He informed the Minister that, as part of President Bola Tinubu’s Renewed Hope Agenda, the agency is focused on empowering youths, especially in rural areas, by training them to assemble one kilowatt of solar energy.

 

 

Continue Reading

Trending