Why Mike Adenuga Has Thrown Weight Behind Atiku In Battle To Determine Next President


Although he likes to play it cool and dissociate himself from the political scene and its many drama,yet, those in the know are quipping that one of the men who will stand as a financial backbone to the presidential candidate of the People’s Democratic Party, PDP, Alhaji Atiku Abubakar is the chairman of telecoms giant, Globacom, Dr. Mike Adenuga Jnr.

Sources in the know claim that asides former dictator, General Ibrahim Babangida, RTD, one of the biggest benefactors of the Ijebu-Igbo born billionaire is Alhaji Atiku Abubakar. It was disclosed that, but for the deft moves of the Turaki Adamawa, Adenuga may not have got the GSM licensed that berthed Globacom in 2001. Sources disclosed that, at some point, it had become almost certain Communication Investments Limited, CIL, the vehicle through which Adenuga made a bid for the GSM license at the federal government auction was going to lose out on the bid, especially at some point when the license already issued to the company was withdrawn.
It was alleged that Globacom’s licensed was only issued  when President Obasanjo was out of the country and his VP, Atiku Abubakar was in acting capacity.
In the keen 2001 GSM bids, CIL was pitted against Econet Wireless Nigeria Ltd; United Networks Mobile Ltd; MTN Nigeria Communications Ltd and MSI-Celtel Nigeria Ltd, who all deposited $20 million each to prequalify for the auction.
Since then, the relationship between the frontline politician and the astute businessman who regularly shun public events have continued to soar, with many even referring to them as business partners.
There are those who even believe that the face-off between former President Obasanjo and his then Vice President, Atiku was part of the reason the Globacom chairman was arrested in July, 2006. This was in spite of his numerous efforts to warm his way into the heart of President Obasanjo, part of which was his donation of 250 million naira to the Olusegun Obasanjo Presidential Library project in 2005.

Comments

Post a Comment

Popular posts from this blog

Billionaire Akanimo Udofia Responsible For Oil Man Igho Sanomi's Crashed Marriage

Image
How The Erstwhile Brothers-in-Law Became Enemies Over Infidelity-based Allegations The marriage between billionaire oil magnate and philanthropist, Igho Charles Sanomi, and his wife, Eghonghon, has crashed. Eghonghon has moved out of her matrimonial home with the four children from the union, and has even filed for a divorce. Predictably, Sanomi, whose world revolves around his family, is distraught and devastated by this downward turn of event. Never would he, or even, Eghonghon, have thought that the love they had been nurturing from their college days, would come to such an abrupt end. Sources disclosed to The ELITES that the marriage between Sanomi and Eghonghon crashed as a result of myriad of problems, which was completely beyond the couple’s control. Somehow, the news of their crashed marriage was only known to just the couple’s families and close friends. Tragically too, the blame for the Sanomis’ crashed union, is being leveled on Akanimo Udofia, the billionaire busi
Read more

Single Mother Temitope Adesegun Is Ooni Ogunwusi's Soon-To-Be Wife

Image
Ooni of Ife, Adeyeye Enitan Ogunwusi has chosen his main heartthrob. And she is identified as “Tope Adesegun”. “The full name is actually Temitope Adesegun” a source disclosed. Light skinned and label a “beauty to behold”, the latest sweetheart of the leading monarch is said to have a two-year-old daughter. Details of the circumstances of the former life that transformed Tope into a single mother are sketchy. “But whatever she went through, it is obvious what she has going with the Ooni is far better” a source disclosed. Societynow.ng gathered that Tope pushes above heavy interests from quite a tidy number of other women to assume current status with the Ooni. Twice divorced – one before he became the Ooni – Oba Ogunwusi is “single” and has transformed the subject of intense wooing from women and family of all shades of colours. Source: Societynow
Read more

Oba Elegushi's New Wife, Hadiza Won't Live Under Same Roof With Olori Aramide

Image
Hadiza, the new wife of Oba Saheed Ademola Elegushi would be living apart from first wife Olori Sekinat Aramide – for now. Sources confirmed that based on existing arrangement new wife Hadiza would be primarily based in Abuja with periodic visits to Lagos state. Young king Elegushi popularly known as King Gushi is the Elegushi of Ikate Land, which is one of the pieces of Lagos state. Sources disclosed that the reasons behind the strategy of King Gushi’s new wife, Hadiza opting to live apart from the first wife Seki are two folds. ‘’To protect her business and maintain the peace while the anger of the first wife cools off’’ societynow.ng learned. Olori Sekinat is said to have kicked very against Oba Elegushi’s marriage to Hadiza, the new Olori when she was informed. Sources disclosed Oba Elegushi had stayed well ahead of the consequence of his first wife’s anger -and strong opposition – by informing her of the plan to take a second wife when she could do little or nothing to st
Read more