ELECTION 2019 – See Full text of President Buhari’s victory speech | Fastest Delivery Of Magazine
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Muhammdau Buhari of the All Progressives , APC, was declared winner of the on Wednesday morning.

Buhari defeated his closest challenger, and Peoples Democratic Party, PDP, candidate, Atiku Abubakar with wide margin and was announced by Chairman, Mahmood Yakubu, as winner.

The President-elect made his first point of call at the APC campaign in Abuja.

Here is full text of his speech:

First and foremost, I give thanks to Almighty God Who has spared our lives to witness another victory for Nigerian democracy and victory for our party APC.

2. I thank the millions of Nigerians who voted to re-elect me as your president for the next four years. I am deeply humbled and profoundly grateful to you for judging me worthy of continuing to serve you and for your peaceful conduct.

3. In particular, I would like to thank Asiwaju Bola Tinubu for his masterful leadership as Co-chair of the Campaign Council. I would like to also thank the Party Chairman Adams Oshiomhole, the Director General of the Campaign Council Rotimi Amaechi, all members of the Presidential Campaign Council and other various Support Groups.

4. My grateful thanks to all those who contributed to the logistical expenses of the campaign in such a vast country like .

5. I also thank the millions of volunteers, self-appointed overseers, canvassers, agents, escorts and sentries who sacrificed so much of their time and resources to ensure the success of these elections. I do not have the words adequate to thank them.

6. Although Saturday’s elections were relatively peaceful, troublemakers in a handful of states attempted to disrupt an otherwise orderly process. Security agencies will bring to justice all those arrested in the process.

7. I am very sad at the grievous loss of lives during these elections. Security agencies will step up their efforts to protect voters in the forthcoming State elections.

8. I would like to commend our security agencies, as severely overstretched as they are, for handling the difficult task of securing the country during the election period.

9. I will like to make a special appeal to my supporters not to gloat or humiliate the opposition. Victory is enough reward for your efforts.

10. We give thanks also to our Domestic and International observers for contributing to the success of our elections and for their interest in our country and our developing democracy.

11. The new Administration will intensify its efforts in Security, Restructuring the and Fighting Corruption. We have laid down the foundation and we are committed to seeing matters to the end. We will strive to strengthen our unity and inclusiveness so that no section or group will feel left behind or left out.

12. I thank you for your support and may God bless the Federal Republic of Nigeria

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Abass Sulaiman Adegoke, well known as Adegoke is a student of Federal Polytechnic Ede studying Civil Engineering, He is a media enthusiast, loves traveling, and has a special interest in personal development.

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Buhari meets Dangote, Otedola, others in Aso Rock

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Buhari meets Dangote, Otedola, others in Aso Rock IMG 20190524 215018 1024x742

Muhammadu Buhari on Friday hosted members of the Business Community and officials of the All Progressives (APC) to Iftar (Ramadan breaking of fast) at the State House, Abuja.

The News Agency of (NAN) reports that the Secretary to the Government of the Federation, Mr. Boss Mustapha and the Chief of Staff to the President, Malam Abba Kyari were among the government functionaries at the fast-breaking event.

Members of the business community in attendance of the fast-breaking meal included Alhaji Aliko Dangote, Femi Otedola, Tony Elemelu, Alhaji Isiaka Rabiu and Chief Emeka Offor.

Others were the Chairman of the Sahara Group, Kola Adesina and the Chairman of the National Union of Road Transport Workers (NURTW), Alhaji Najeem Yasin.

The National Chairman of the APC, Comrade Adams Oshiohmole, immediate past national chairman of the party, Chief John Odigie Oyegun; the party’s National Vice Chairman, North West, Inuwa Abdulkadir and other party officials also joined the president to share the fast-breaking meal.

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Real owners of MTN Nigeria revealed

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real owners of mtn nigeria revealed Real owners of MTN Nigeria revealed screenshot2019 05 24 10 48 35

 

 

 

Last Thursday’s listing of MTN shares on the Premium Board of the Nigerian Stock Exchange (NSE) has made it possible to identify the shareholders of the telecoms firm.

Many Nigerians believed the Nigerian government owned part of the South African firm through an unspecified equity holding by the Nigeria Sovereign Investment Authority (NSIA).
But a review of the listing memorandum filed by MTN Nigeria in support of its application for the enlistment of its shares on the NSE revealed the profiles of the shareholders of the company.
The list did not include either the Nigerian government or the NSIA. PREMIUM TIMES learnt that the NSIA investment “is very small” and could not have been listed among those of the big players.
The document dated May 15, 2018, showed 11 owners of MTN Nigeria. They own the entire 20,354,513,050 Ordinary Shares of the company valued at about N407.1 billion as at the time MTN applied to be listed.
They include the majority shareholder, MTN International (Mauritius) Limited, which has the controlling 76.08 per cent equity, or 15,485,544,050 shares valued at about N309.71 billion, and Stanbic IBTC Asset Management Limited with 9.77 per cent stake or 1,988,269,050 shares valued at about N39.77 billion.
Also included are six Nigerians, who are non-executive directors of the board. Each represents various foreign interests in the company.
Victor Odili, a Nigerian, and Chairman of Aeromaritime Group of companies, a group specialising in the maritime and oil and gas sectors of Nigeria’s , is a member of the board. He holds 806,886,900 shares, or 3.96 per cent interest, valued at about N16.14 billion indirectly on behalf of Hermitage Overseas Corporation.
Also, Pascal Dozie, a Nigerian and founder of the defunct Diamond Bank PLC, is the Chairman of the Board of Directors. He holds 340,409,900 shares, or 1.67 per cent equity valued at N6.67 billion, indirectly, on behalf of Celtelecom Investment Limited, NISPVLimited.

 

 

Another Nigerian, Sani Mohammed Bello, a co-founder of AMNI Petroleum, an indigenous oil and gas exploration companies, is the vice chairman of the board. He holds 265,092,150 shares (1.30 per cent equity) estimated at about N5.3 billion indirectly on behalf of One Africa Investment Limited.
Babatunde Folawiyo, a Nigerian and Chairman/Chief Executive Officer of the Yinka Folawiyo Group, holds 218,815,100 shares, or 1.07 per cent equity, valued at N4.01 billion on behalf of Universal Communications NISPV Limited.
Similarly, Gbenga Oyebode, a Nigerian and founding partner of Aluko & Oyebode law firm, represents the interest of N-Cell NISPV Limited. He holds 181,776,250 shares, or 0.89 per cent equity, valued at N3.27 billion.
Ahmed Dasuki, a Nigerian and founder of Quaditect Consultants, represents NISPV Limited/ SASPV Limited, which controls 177,717,850 shares, or 0.75 per cent equity valued at about N2.89 billion.
Government Employees Pension Fund (Represented by Public Investment Corporation SOC Limited) were also listed as owners with 355,281,650 shares (1.75 per cent equity) valued at about N7.11 billion.
Also, Mobile Telephone Network N.I.C.B.V holds 559,720,150 shares, or 2.75 per cent, valued at about N11.19 billion.
Robert Shuter, Ralph Mupita, Jens Schulte-Bockum, Ferdinand Moolman, Paul Norman and Karl Olutokun Toriola serve as representatives of MTN Group on the Board of Directors of the company.
With the listing of the company’s shares on the NSE, MTN Nigeria becomes the first privately owned telecoms company in Nigeria to attain that status.
The listing of the company on the premium board of the NSE on April 18, , resulted in the change of the company from a private company to a publicly quoted telecoms company on the NSE.
MTN Nigeria, a subsidiary of MTN International (Mauritius) Limited, was incorporated in the Republic of Mauritius, with its ultimate holding company, MTN Group.
The company was incorporated on November 8, 2000. But, it did not commence operations until 2001. Since then, the company has remained in operations for almost 18 years in Nigeria.
MTN Nigeria is reputed to be Nigeria’s largest telecoms operators, with about 67 million subscribers, controlling about 39 per cent mobile market share.

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