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N9b Loan: Bakare’s Critics Envious Of His Successes – Lagos Ex-guber Candidate

Published

2 years ago

December 30, 2021

Editor

The Citadel

The 2011 gubernatorial candidate of the defunct Congress for Progressive Change (CPC) in Lagos State, Ambassador Abayomi Nurain Mumuni has advised Nigerians to desist from criticizing Pastor Tunde Bakare for collecting loan to build his church.

Mumuni described those who have been escalating the matter as enemies of Bakare, who are envious of his successes.

It could be recalled that Bakare contested as Vice Presidential candidate on the platform of CPC when President Muhammadu Buhari contested as Presidential candidate of the party in the year 2011.

The general overseer of Citadel Global Community Church formerly known as Latter Rain Assembly, Pastor Bakare, has been reported in the media to be swimming in debt of N9 billion loan which he allegedly collected from a commercial bank.

But, Mumuni, while reacting, said those behind the circulation of the news were Pastor Bakare’s adversaries who were not only envious of his successes but wants to embarrass him.

He said there was no crime in collecting loan, especially for businesses.

The former CPC gubernatorial candidate added that the former Vice President candidate of the defunct CPC had something tangible and worthwhile to show for the loan.

Mumuni in a statement made available to DAILY POST in Ibadan on Wednesday, said, “I have read with great disappointment the needless and unnecessary dragging of Pastor Tunde Bakare on social media over loan he collected from banks to build cathedral, a combination of worship and business edifices.

“It is a common practice that individuals and cooperate bodies and multi-national companies get loans from financial institutions that comes with terms, including method of payment.

“What could have been issue of concern is if it’s established that he doesn’t want to pay his loan but it’s in public domain that he has started paying the loan, he reportedly took from five banks.

“Even several countries in the world, including the US, have debt with the World Bank. The US loan is huge. What I am trying to say is that people take loans for business and other projects without public or social media trial. It should not be in an issue once you are able to repay the loan.

“Is he the only person owing? Why him? We live in the same country where people masquerade around without any family inheritance, but, possessing multiple private jets, without verifiable source, only through loans. But this is man who has built an edifice, section of it for worship and another section for commercial which could have generated the money borrowed if not for COVID-19 pandemic.

“It is in the public domain that he collected loan from 5 banks to build the cathedral. The process is very transparent, and as a matter of fact, as far back as October, he revealed that he has started paying some of the banks,” DAILY POST quoted him.

Related Topics:Citadel Global Community Church Tunde Bakare

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Burkina Faso, Mali, Niger Finalise Regional Alliance Project

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1 hour ago

May 18, 2024

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Junta-run Burkina Faso, Mali and Niger have finalised plans to form a confederation after turning their backs on former colonial ruler France to seek closer ties with Russia.

Their foreign ministers met Friday in Niger’s capital Niamey to agree on a text establishing the Confederation of the Alliance of Sahel States (AES).

“The objective was to finalise the draft text relating to the institutionalisation and operationalisation of the Confederation of the Alliance of Sahel States (AES)”, said Niger Foreign Minister Bakary Yaou Sangare as he read the final statement late Friday.

He said the text would be adopted by the heads of state of the three countries at a summit, without specifying the date.

“We can consider very clearly, today, that the Confederation of the Alliance of Sahel States (AES) has been born,” Malian Foreign Minister Abdoulaye Diop said after meeting General Abdourahamane Tiani, the head of Nigerien military regime.

The third foreign minister at the meeting was Burkina Faso’s Karamoko Jean-Marie Traore.

The Sahel region has been subject to deadly jihadist violence for years, which they accused France of not being able to curb.

The three countries said late January they were quitting The Economic Community of West African States (ECOWAS), which they said was under French influence, to create their own regional grouping.

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Paul Kagame, Chimamanda Adichie, Aig-Imoukhuede, Other Africans Make Top 100 Influential Global

Published

6 hours ago

May 18, 2024

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Combo of Paul Kagame, Chimamanda Adichie, Aigboje Aig-Imoukhuede,Remi Dairo.

Rwanda President, Paul Kagame, Nigeria’s Chimamanda Adichie, and Aigboje Aig-Imoukhuede, have been listed among top 100 influential global voices 2023/24.

Others list are president, the president , Institute of Productivity and Business Innovation, Africa and the Chief Operating Officer of Productivate Plus LLC, headquartered in Houston, Texas, Mr Remi Dairo; Adebayo Ogunlesi; Jumoke Adenowo, Ibukun Awosika; Malala Yousafzai, Strive Masiyiwa, Sheikh Mohammed Bin Rashid Al-Maktoum.

In recognition of this groundbreaking record, Dairo was honoured by the Leaders Without Borders Development Centre at the event which took place on 19th April at House of Lords, Palace of Westminster, United Kingdom in recognition of being a global voice.

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Remi Dairo is the president of the Institute of Productivity and Business Innovation Management (IPBIM), a distinguished African institution with global outreach that globally focuses on African institutions of productivity and innovation learning. The institution is in partnership with some of the world’s best institutions around the globe.

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Disregard Claim Of Me Bringing Investors To Nigeria – Ngozi Okonjo-Iweala

Published

17 hours ago

May 18, 2024

Editor

The Director-General of the World Trade Organization, Ngozi Okonjo-Iweala, has denied sending a WhatsApp message claiming she’s bringing investors to Nigeria due to Tinubu’s “commendable policies”.

A message had been circulating on Whatsapp alleging that former Minister of Finance has been contacted by President, respected instutitions and investors who congratulated her because Nigeria has finally found a “focused leader.”

Anything forwarded to you purporting to be a WhatsApp message from me is fake – Ngozi Okonjo-Iweala debunks news claiming she?s bringing investors to Nigeria due to Tinubu?s ?commendable policies?

Reacting via her X handle, Okonjo-Iweala described it as fake. She wrote;

‘’It’s been brought to my attention that another FAKE message has been manufactured and is being forwarded on WhatsApp in my name. I want to make clear that this fake message is not from me. I am pleased that those who know me instantly recognized this as fake.

“Thanks to friends who brought this to my attention. Please be aware that I do not use WhatsApp broadcasts, thus anything forwarded to you purporting to be a WhatsApp message from me is FAKE.

“This is a bad example of the use of social media. I want to warn those in the business of manufacturing FAKE messages, that they will not succeed.”