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Senator Ovie Omo-Agege representing Delta Central Senatorial district was during Thursday plenary suspended for 90 legislative days on Thursday.

The Senate Committee on Public Petitions, Ethics and Privileges which investigated him over comment on the reordering of electoral timetable recommended his suspension.

The report which was submitted by the Committee Chairman, Senator Samuel Anyanwu explained that the erring lawmaker declined to speak to the committee when he appeared.

According to the report, the erring lawmaker told the Committee that he has taken the matter to court already.

Senate leader, Ahmed Lawan in his personal opinion pleaded that he should not be suspended.

However, Senate President, Dr. Bukola Saraki could not be dissuaded by the appeal from Senator Ahmed Lawan and Senator Kabir Marafa.

Saraki insisted that political leaders must be disciplined to serve as deterrent to others.

He, however, reduced the suspension from 180 legislative days to 90.

BIG STORY

Sijibomi Ogundele (Sujimoto): Meet The Agege Boy That Built A $400Million Company

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Dressed in a simple Polo T-Shirt on a Friday Evening, Sijibomi Ogundele, Nigeria’s youngest Billionaire and Luxury Real Estate Czar, can be seen on the Lucrezia project site, in the prestigious Banana Island neighborhood, inspecting the work done and ensuring every ‘i’ is dotted and every ‘t’ is crossed.

No one would have thought that this man, who is currently worth billions, was once a Souvenir hawker in France and also did alabaru for his trader Mum in Africa’s most populous market – Oke-Arin, where he was nurtured by enterprising Igbo Traders, which ignited his passion for business.

Growing up in the slum of Agege, as a little 8-year-old, Sijibomi’s first introduction to Entrepreneurship was when he started a bike business popularly called‘Okada’ business, from his little savings. Despite the usual African Parent’s disapproval, he drew inspiration from his mother’s entrepreneurial spirit and grew his Okada business from 1 to 6 motorcycles, a testament to his strong, resolute and resilient business mind.

A rose that grew from concrete, Mr. Ogundele who is only 39 has built his company, Sujimoto Group, in just 5 years, into a Luxury Construction behemoth, focused on building extraordinary edifices in premium neighborhoods of Ikoyi and Banana Island. With annual revenue of approximately $30 million and many other pending projects, Mr. Ogundele believes the Sujimoto group is worth over $400 Million.

His look may be modest but his ambition belies his modesty. After an encounter with the King of Dubai who pushed his ambitious project – LorenzoBySujimoto, from 15 Storey building to a 30-storey building, reminding him that; “To be second is to be last! If people in their 30’s are building 5000 units annually in Asia, 75 units shouldn’t scare you.”According to Mr. Ogundele; “I believe in Nigeria. My passion comes from my patriotism. I believe that the Nigeria that produced the MKOs, the Dantatas, and the Ojukwus, also has something great in store for me.”

The Lawyer tuned Entrepreneur who is son to a John Holt Manager and a trader mother never had the opportunity to attend King’s College or other expensive private schools but attended public schools. With a dream to revolutionize the Nigerian Luxury real estate space and an ambition taller than the Burj Khalifa, one can only wonder how he has steered his company to survive the brutal economic recessions within the last 5 years, growing stronger, bigger and better, to the consternation of the pessimists.

Sujimoto’s Giuliano project which is 100% covered in travertine stone, fully automated, 1st project with each unit having its private elevator and an award-winning Zaha Hadid Bathroom for Porscelanosa, set the standard for a luxury terrace in Banana Island, attracting clients like MD of multinationals, billionaires and music entrepreneur – Davido.

A stone throws from the Giuliano; Sujimoto is building what has been dubbed the tallest residential building in Banana Island – the LucreziaBySujimoto. A revolutionary building, never before seen in Nigeria or Africa! The first building with Glass Reinforced Concrete (GRC) façade, Full Home Automation, private IMAX Cinema for the residents, standard crèche, Indoor Virtual Golf with over 2,500 courses worldwide to play on, swimming pool in the sky and other exciting features. Sitting on the 12th floor is the best penthouse in Africa. A project that sets an enviable standard for luxury residential apartments in Nigeria with a sales value worth $46 and a delivery deadline of December 2021.

Speaking on the Lucrezia, Mr. Ogundele made a startling revelation; “We are building the best condominium not only in Nigeria but also in Africa. The Lucrezia Penthouse comes with a private elevator, private cinema, private golf, private gym, and a private pool! The Lucrezia is very special to us because Sujimoto is divesting from Residential Projects with 80% of our real estate interest into Commercial Projects.

When asked about the company’s plan to accommodate smaller units, Mr. Ogundele was very quick to add that the company has a new project that is almost sold out! According to him; “Many people have approached us about building smaller and more affordable units with the Sujimoto standard and we have responded with a revolutionary project called the LeonardoBySujimoto. With LeonardoBySujimoto, you can own a Sujimoto Apartment without breaking the Bank. We have studied the best apartments and what we are creating, beats the best.

The Affordable Luxury Project – Leonardo, comes in 2, 3, and 4 Bedroom Units and it is a great investment offer as the 3 bedrooms which are currently selling for N250million will go for N450million once the project is launched later in the year. According to Mr. Ogundele, the present pricing still beats the best apartments in Bourdillon and Eko Atlantic. He also noted that the current price offer will expire by the end of the month.

According to Ogundele, the same passion with which we redefined luxury living in Nigeria, is the same passion we are bringing into the Nigerian Hospitality and Commercial space. We have toured some of the best hotels in the world such as the Address Hotel, Downtown Dubai, the Baccarat Hotel in New York City, and the Dorchester Hotel in London. Sujimoto is building the S-Hotel, African hospitality with a Four Season services. We are building a hotel that is Customer addictive, where putting the customer 1st becomes our priority, from Janitor to General Managers.

Three fundamental qualities separate the S hotel from others: Design, Price, and Service. The plan is to get rid of mediocre experience in the hospitality industry, building one luxury hotel at a time. The focus, therefore, is to build one luxury hotel in the State capital city of every African country, starting from the six geopolitical zones of Nigeria. The plan is before 2030, we would have built over 100 luxury hotels with 16,000 rooms, worth $1.9 billion in the portfolio, a move which will bring the company’s overall worth to over $5 billion in 10 years.

In addition to the company’s expansion plan, Mr. Ogundele made it known that Sujimoto is building a world-class Plaza, first of its kind, in Ikoyi and Abuja, with a 2021 and 2022 projection for completion. This 6-in-1 Plaza by Sujimoto is a contemporary one-stop-shop retail and hospitality center, featuring innovative state-of-the-art equipment, rooftop lounge, and bar, premium restaurants, world-class gym, retail shops other premium features.

Upon completion, each project should be valued at approximately N47 Billion, with a combined rental income of about N11billion annually. According to Mr. Ogundele, ‘By 2030, we hope to have completed 61 different malls and plazas in Nigeria and across major African cities, a portfolio worth about $3billion.”

Despite the huge effect of the COVID-19 on businesses and economies, where banks have put a halt to every construction project, Sujimoto just raised N3.5 Billion for the Lucrezia which is sold out with just 2 units left! According to Mr. Ogundele Sujimoto;

“At Sujimoto, we do not see a recession, because for us crises are opportunities disguised as problems! We have developed a highly viable and profitable strategy and found an opportunity for savvy investors to invest N5 billion into Sujimoto and get N10 billion back in 3 years.

This is debt and not equity, and it is guaranteed. Treasury bills and other money market instruments will give you a 5 – 10% ROI on your investment but this is 100% ROI and it is guaranteed! This investment is NOT for everyone, it is ONLY for the vital few, who can identify opportunities when they see one.

One of the reasons why Sujimoto can stand out and guarantee good price and quality is the strength of the company’s procurement capacity and global reach. Mr. Ogundele explained that “We don’t use 3rd parties when it comes to projects; we speak directly to the manufacturers because we want to guarantee two fundamental things – prudent spending and assurance of quality. With offices in Dubai, Gwanzo, and New York City and numerous ambitious projects, one wonders what Sujimoto Group will be worth in 10 years to come.

According to Mr. Ogundele; “Our biggest motivation is our critics because, without them, we couldn’t have come this far. There’s nothing we have today, that we got on a platter of gold. We worked two times harder, 3 times more, just to prove that without a rich Aunty or Uncle, you can get to your destiny”.

Speaking on some of the challenges he has had to contend with in business, Mr. Ogundele recalled the event of 2016 and 2017 where he had conceived and developed the biggest project in Nigeria, over 90 Million USD to build the tallest residential building in Sub-Saharan Africa – the LorenzoBySujimoto.

“After all the investment in time, money, and passion, the recession hit badly, and investors pulled out. The economy was so bad that I had to refund hundreds of millions to our off-takers. Amid the chaos, like the phoenix that rises from the ashes, the Giuliano project was born! A project of terrace houses in Africa’s richest neighborhood – Banana Island. And 20 months after, the record-breaking Giuliano has metamorphosed from a proof-of-concept to a proof-of-product! Fully sold-out 6-Months before completion.”

Many have opined that the young and dynamic Motomatician might be eyeing a political position, but according to Mr. Ogundele, “the business of politics is bigger than the politics of business. We are focused on business but we shall support the government. To us, the Government is like a beautiful woman, marry her only when she is an asset, not a liability.”

When asked if he was married, the single and eligible bachelor who insisted he was married without a wife, claimed that his wife is young and very jealous, she’s Sujimoto.

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BIG STORY

BREAKING: Senate Passes Bill, Prescribes Life Imprisonment For Kidnapping

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The Senate on Tuesday passed a bill which prescribes life jail, as against the current 10 years maximum sentence, for kidnappers.

The bill contains amendments to the criminal code which is currently in operation in the southern part of Nigeria.

The proposed legislation, sponsored by Senator Oluremi Tinubu, is titled, “A bill for an Act to amend the Criminal Code Act CAP. C.38, Laws of the Federal Republic of Nigeria 2004.”

It seeks to delete the statute of limitation on defilement, increase punishment for the offence of kidnapping, and remove gender restrictions in the offence of rape and other related matters.

The bill eliminates the time frame for prosecuting defilement cases by increasing the period from two months to as many years as the victim decide to take up the manner.

It also removes gender restrictions on the offence of rape by explaining that both male and female could be raped.

Details soon

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BIG STORY

BREAKING: Nigeria Army Redeploys 34 Generals, 5 Colonels In Another Major Shakeup

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The Chief of Army Staff, Lieutenant General Tukur Buratai, has approved a major shakeup in the Nigerian Army with the redeployment and posting of 34 Generals and five Colonels.

The postings in a statement by Acting Director Army Public Relations, Colonel Sagir Musa, take effect from July 20.

According to the statement, the postings were to rekindle and reinvigorate the system for professional effectiveness in the Service.

The statement reads in part: “In the rekindle spirit of professionalism, the Nigerian Army (NA) has approved and released the postings and appointments of some senior officers.

“The posting which was approved by the Chief of Army Staff (COAS) Lieutenant General TY Buratai is a routine/normal exercise intended to reinvigorate the system for greater professional effectiveness ”.

The major highlights of the postings according to the statement include “the postings and appointments of Major General LE Irabor from Defence Headquarters (DHQ) Abuja Department of Training and Operations to Training and Doctrine Command Minna and appointed Commander, Major General FO Agugo from 6 Division NA Port Harcourt to Headquarters NA Signal Corps Apapa Lagos as Corps Commander Signals, Major General M Mohammed from Headquarters NA Signal Corps Apapa Lagos to Office of the COAS and appointed Special Adviser NA University Biu, Major General AM Dikko from Administrative Staff College of Nigerian Badagry Lagos to NA Training Centre Kontagora and appointed Commander.

“Major General US Yakubu from NA Corps of Artillery Kontagora to Army Headquarters Abuja (AHQ) and appointed Chief of Administration (Army), Major General BO Sawyer from AHQ Department of Policy and Plans to NA Armour School Bauchi and appointed Commandant, Major General IO Uzamere from NA College of Logistics Lagos now redeployed to AHQ Abuja Department of Logistics and appointed Chief of Logistics (Army).

“Also, Major General JO Irefin from Headquarters 81 Division Lagos to Headquarters 6 Division Port Harcourt and appointed General Officer Commanding (GOC), while Major General JO Akomolafe is now redeployed from Headquarters NA Armour Corps Bauchi to DHQ Abuja as Chief of Defence Standards and Evaluation”.

It continued: “others are – Major General CO Ude from NA Resource Centre Abuja to Defence Headquarters and appointed Chief of Defence Training and Operations, Major General HR Momoh from Defence Space Administration Abuja to AHQ Department of Policy and Plans and appointed Deputy Chief of Policy and Plans/ Director Special Duties, Major General AT Hamman from DHQ to AHQ Garrison and appointed Commander, Major General OA Akinyemi from Administrative Staff College of Nigeria to Nigerian Armed Forces Resettlement Centre Oshodi Lagos as Deputy Commandant, while Major General MH Magaji has been redeployed from NA Amour School to Headquarters NA Armour Corps and appointed Commander, Major General MA Masanawa from Defence Headquarters to NA Ordinance School Lagos as Commandant.

“Major General JI Unuigbe from AHQ Department of Logistics to DHQ and appointed Chief of Defence Logistics, Major General JGK Myam the erstwhile Commander AHQ Garrison Abuja is now the Commander NA Corps of Artillery. Major General GA Umelo has been redeployed from AHQ Department of Training and Operations to Headquarters 81 Division and appointed General Officer Commanding, Major General SE Udounwa from AHQ Department of Policy and Plans to Army War College Abuja as Commandant, Major General MO Enendu from Nigerian Armed Forces Resettlement Centre to NA College of Logistics and appointed Commandant, Major General GS Abdullahi from DHQ to Land Forces Simulation Centre Nigeria and appointed Director-General, Major General BN Salami from NA School of Supply and Transport is now redeployed to Headquarters NA Corps of Supply and Transport as Commander.

“Others affected include – Major General FO Omoigui from AHQ Department of Training and Operations to Headquarters Theatre Command Operation LAFIYA DOLE Maiduguri and appointed Deputy Theater Commander, Major General IO Ehiorobo from NA School of Electrical and Mechanical Engineering to Headquarters NA Electrical and Mechanical Engineers and appointed Commander, Major General KI Mukhtar from AHQ Department of Army Administration is now the Commandant Depot NA Zaria.

“While the erstwhile Commandant Army War College Nigeria Major General C Ofoche has been redeployed to AHQ Department of Policy and Plans as Director Plans, Major General AB Ibrahim from AHQ Department of Training and Operations to Defence Space Administration is now Director Support Services, while Brigadier General IO Adewa is to remain in NA Properties Limited and appointed Acting General Managing Director.

“Similarly, Brigadier General KA Kazir has been posted from Headquarters NA Engineers to Headquarters 43 Engineers Brigade as Commander, Brigadier General MU Abdullahi From NA Intelligence and Cyber Warfare School to 58 Signal Brigade and appointed Commander, Brigadier General MB Dala from NA Resource Centre to Headquarters Training and Doctrine Command Minna and appointed Director Exams.

“Likewise, Brigadier General BR Sinjen has been redeployed from Headquarters NA Corps of Artillery to AHQ Department of Training and Operations as Acting Director of Operations, Brigadier General SI Igbinomwanhia from 7 Division Garrison Maiduguri to AHQ Department of Training and Operations and appointed Acting Director Campaign Plan, Brigadier General HG Tafida from AHQ Department of Logistics to NA School of Electrical and Mechanical Engineering and appointed Acting Commandant, Brigadier General AO Arogbofa from 102 Division Equipment Support to AHQ Department of Logistics as Acting Director Equipment Maintenance, Brigadier General EC Lot from Land Forces Simulation Centre Nigeria to Headquarters 52 Signal Brigade as Commander.

“Others are – Colonel B Sarki from Defence Intelligence College to 6 Military Intelligence Brigade and appointed Acting Commander, Colonel KO Ogunsoya from DHQ to Headquarters Directorate of Army Public Relations and appointed Chief of Staff, Colonel TO Antigha from Headquarters Multinational Joint Task Force Ndjamena to Defence Headquarters and appointed Acting Executive Director Armed Forces Radio, Colonel MM Dole from Headquarters Directorate of Army Public Relations to Headquarters Multinational Joint Task Force Ndjamena and appointed Military Public Information Officer, Colonel AF Maimagani is to remain in Headquarters Directorate of Chaplain Services (Roman Catholic) as Acting Director Chaplain (Roman Catholic)”.

It also added: “All the postings and appointments take effect from 20 July 2020.

“While wishing all the officers well in their respective appointments, the Chief of Army Staff enjoins them to take their new responsibilities/appointments seriously and discharge all duties professionally with utmost loyalty to the Nation and the Service”.

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