The British High Commissioner to Nigeria, Paul Arkwright met with the national leader of the All Progressives Congress(APC) Chief Bola Tinubu, Globacom Chairman, Chief Mike Adenuga and Chairman of Dangote Group, Alhaji Aliko Dangote. Mr. Arkwright who shared the photos on his official twitter account said he had interesting discussions with the men on UK-Nigeria affairs and business opportunities. See more photos below…
Globacom, a Nigerian mobile telecoms operator owned by Adenuga, is lodging a $600 million takeover bid for Comium Cote d’Ivoire, a company that has been grappling with debt and cash flow problems.
If the deal goes through, Globacom will have succeeded in extending its brand presence in West Africa. Already, the mobile telecoms operator has operations in Nigeria, Ghana and Benin Republic. Globacom, which already owns an international carrier services licence in Cote d’Ivoire, reportedly plans to invest over $1 billion in upgrading Comium-CI’s network over three years.
Comium CI has more than 900,000 mobile subscribers according to L’Autorite de Regulation des
Telecommunications. It is a subsidiary of Comium Group, a Lebanon-based telecommunications
company owned by Lebanese businessman Nizar Dalloul. The group operates as a multi-service provider on four continents, specializing in Wireless Data Networks, GSM communications, Internet service provision and VoIP. Comium CI is heavily enmeshed in debt to the tune of more than $25 million and has been given until 15 May to pay off its debts or risk being placed into receivership.
Mike Adenuga, 63, is the 2nd richest man in Nigeria with a fortune estimated at $4.7 billion according to FORBES’ World Billionaires ranking. He owes his fortune to his ownership of Nigerian mobile telecoms outfit Globacom, and Conoil Producing, a Nigerian oil exploration firm that operates 6 oil blocks in the Niger Delta.
When the Super Eagles of Nigeria players protested and boycotted the next round games involving France, President Goodluck Jonathan approved the sum of $3.4million, which Dr Tammy Danagogo was to take to Brazil to let down frayed nerves of the players.
While the President was giving out the instructions, Globacom chairman, Dr Mike Adenuga, on the spot dropped $200,000(N39.8m), which made the full money $3.6million. The President was elated and thanked Adenuga for the gesture especially for always supporting sports in the country and especially the Super Eagles.
Afterward the World Cup money, a total sum of $8.4million was paid by FIFA to Nigeria, after deductions of expenses incurred by FIFA on the nation’s behalf. Sources told OrijoReporter that Dr. Tammy Danagogo had his eye on the money and fraudulently requested that the entire $3.6million be brought to him by cash for onward transmission to President Jonathan.
His crazy request was opposed by NFF chief Accounting officer, Musa Amadu, who insisted on having a formal order from the NFF President, Amaju Pinnick. Barrister Chris Green, who is from the same state with Danagogo was equally against the minister’s request and threatened to drag everyone involved to the EFCC if the monies were moved in cash.
After much ado, Amaju Pinnick was said to have handed over Adenuga’s money($200,000 about N39.8m) to Dr Danagogo. Trouble started in the Glass House over the money after a former FA boss(name withheld) called Chief Adenuga to thank him for the ‘loan’ which had been returned to him.
Read More: orijoreporter
