Tag Archives: businessman

Baba ijebu under fire as EFCC invade office (Reason) ..


Nigerian businessman, Adebutu Kessington popularly known as Baba Ijebu is reportedly being investigated by the Economic and Financial Crimes Commission (EFCC) over an alleged tax fraud and economic sabotage.

The investigation which was rolled out after Western Lotto (another betting company which is owned by former Ogun Senator Buruji Kashamu) petitioned the anti-graft agency, has led to the detention of one of Adebutu’s sons and a management official of Premier Lotto at the Lagos office of the EFCC.


EFCC sources told Premium Times that they have identified at least N5 billion in revenue losses against the government since the investigation began, directly blaming the management of Premier Lotto for allegedly shortchanging Nigerians.

Though the EFCC has not officially filed any charges against Premier Lotto, it is however speculated that the probe might be expanded to include other betting companies and investigate claims of sharp practices and how some firms allegedly withhold funds from winning customers.

Nigerian businessman, Adebutu Kessington (Baba Ijebu)

Before now, Baba Ijebu has been widely hailed as pioneering inclusive gambling in Nigeria and shooting it into the mainstream. Although it was only in 2001 that he registered Premier Lotto, the betting franchise that accounts for the largest share of his wealth.

Chief Adebutu and former Senator Buruji Kashamu are no strangers to each other as there has always been a lotto turf war between them. They clashed on the political turf in Ogun State in the run-up to the 2019 governorship election, after Kashamu insisted he was the PDP candidate and got all the court orders to shut out Adebutu’s son.


#Newsworthy..

Lifetime: Biography of Gbenga Adeboye. International tours, versatility, others


Bio•

Gbenga Adeboye, The first internationally successful Nigerian comedian you never heard about

Everything huge Nigerian comedy stars like Basketmouth, Bovi, and Alibaba do with standup or film today was pioneered by Gbenga Adeboye. The same goes for today’s viral social media comics like Maraji, Crazeclown and Twyse – the characters that inform their comedy and the skit format was pioneered by Gbenga Adeboye. He was an MC, radio host, actor, producer, poet, musician and multi-disciplinary entertainer who dominated the Nigerian comedy space in the mid to late 90s before his passing in 2003.

Born Elijah Oluwagbemiga Adeboye in Ode Omu, Gbongan LGA, Osun State, Gbenga Adeboye started out hosting a radio show on Radio Lagos called ‘Funwontan’. The show was mostly freestyle sessions with Gbenga’s improvised characters and his blend of Yoruba dialects interwoven with ewi. The show soon took off and became very popular leading to demand for Gbenga’s content. The name of the show even became one of his aliases. The characters, Yoruba dialects and incantations remained throughout his career.

Businessman•

Soon after he began to produce his content independently and setup his own production company called Gbenga Adeboye Productions through which he released his comedy albums, videos and films. It is unlikely that the publishing deals behind these works are properly structured but Gbenga Adeboye definitely made a lot of money from his business ventures across entertainment in his lifetime.

Versatility•

Though most of Gbenga Adeboye’s content revolved around humor, he tapped other aspects of entertainment to push his art. He released music regularly, made short films and comedy albums. He made well-told skits, created numerous characters that became monikers and embraced it all in his personal life. He often referred to himself with the religious titles “Alhaji Pastor Oluwo” and would often quote bible verses, quranic verses and incantations in succession. Also known as Jengbetiele 1, he claimed to be both a Christian and a Muslim. He did stand up, performed at shows, featured in movies and toured. In an interview with Yemi Shodimu on the popular Mainframe TV show “Arambada”, Gbenga Adeboye said, “I’m just grateful to God for this talent. Being able to do what I do is not easy and I am aware of how great a blessing that is. That is why I just love to talk, my parents used to scold me as a kid because i would talk too much.”

International tours•

In 1994, Gbenga Adeboye went on his first standup and music tour of a few American cities, later releasing the audio and video from it as the “American Exposure” series of comedy albums. He was the first Nigerian comedian to go international and pioneered many aspects of the industry today both on the creative side and the business side. Before his death in 2003, he went on a few more tours to the US and Europe.

Impact and legacy•

Gbenga Adeboye gave Fathia Balogun her big break. Photo: Naijarchives.COM
Though Gbenga Adeboye played primarily in the Yoruba and Southwest market he often spoke Igbo and Hausa and even had characters in those languages. He also mentored other entertainers like Yinka Ayefele, Abbey Fagboro, Ereke ni Soobu, Bashiru Adisa also known as Baba Gboin. Nollywood actress Fathia Balogun also got her big break after featuring in a Gbenga Adeboye music video. He pioneered comedy albums before Gordon’s even had a comedy career and toured decades before Basketmouth and Bovi. Gbenga Adeboye predates the ‘founding fathers’ of modern day Nigerian comedy Muhammed Danjuma, Alibaba and Opa Williams. He made skits before Maraji and Twyse and created colorful characters before either of them were even born. Even in death, there is arguably no one as talented nor as versatile as Gbenga Abefe Adeboye. A whole legend.

Unfortunately, a lot of his work has not been digitised yet but some of it can be found on YouTube. His estate needs to get his comedy albums on Apple Music and Spotify so the next generation can experience the greatness of this legend. They should also get his videos on Netflix or original versions on YouTube. There is so much content to immortalize him with and hopefully we get to have them someday.

Photos•



#NobleBio

Femi Otedola reveals hours he sleep a day (See…)


Billionaire businessman, Femi Otedola has revealed that he sleeps for a minimum of 10 hours a day despite his busy schedules.

He made the revelation at the just-concluded 2020 ThisDay Awards, where he was honored with the award of the Philanthropist of the Decade.


Recall his singular donation of N5 billion to assist children of terror-ravaged North-east remains unexampled. Some prominent Nigerians such as Sadiq Dabba, Victor Olaotan, both actors; and former Green Eagles captain, Christian Chukwu, were rescued from the jaws of death by his philanthropic intervention in their medical issues.

The billionaire revealed how he told his Accountant to donate N5 billion (which is the profit he made from the profit accruing to him from the sale of his shares in Forte Oil) to the displaced children in the North East of Nigeria.

Billionaire businessman, Femi Otedola

He told guests that when he told his Accountant to do so, she was shocked, that her Oga had decided to donate all he made from that transaction to charity.

Femi Otedola says he is a man who is at peace with himself and he sleeps for 10 hours daily, meaning, he goes to bed at about 10pm daily and wakes up at about 8am.


#Newsworthy…