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GText @16: How We Transformed N1000 into Multi $Million Enterprise – Dr. Stephen Akintayo

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By Eric Elezuo

From the humblest of beginnings in 2008, GText Holdings Limited has grown in leaps and bounds, gathering accolades, encomiums, and growth and development as 16 years roll by.

This was the submission of the Group Chairman, Dr. Stephen Akintayo, while addressing the media, as he reeled out the text of success stories that trailed the organisation in 16 years since 2008, expanding to accommodate GText and Associates, GText Land, GText Homes, GText Suites, Gvest and Stephen Akintayo Foundation. All these subsidiaries have since grown independently, carving a niche for themselves in global competition, and maintaining a market lead in their various areas of endeavours.

“It’s humbling however, to note that I started my business with one thousand naira, and for us to be in the four continents of the world, I had to keep proving myself,” he said.

Established on May 21, 2008, in a hostel room of about 12 by 15 feet, the Gtext brands have over the years seen the good, the bad and the ugly, but has stayed focused to the dream, and today, is a force to reckon with in the global business world.

A soft spoken go-getter, the story of Stephen Akintayo and to a large extent, Gtext, is a practically example of the proverbial leap from grass to grace, and tells a narrative filled with determination, resilience and focus. His life trajectory culminates in why everyone is a candidate of success, irrespective of the background.

He told journalists in hia Ikoyi office, and via his social media handles, how he doggedly built his empire via strategic marketing advantages, and rising to the status of king of real estate, as well as how a team of hardnut-to-crack management team, has sustained the growth to its present magnanimous level.

“Exactly 16 years ago, we registered Gtext and Stephen Akintayo Foundation, the name then was Gileadbalm.

“This company started in my Campus 12by 15feet hostel room turn office and accomodation. My first Full time Employee is a guy name Busayo who had 3month compulsory internship and didn’t want to leave Ago-Iwoye and ask to work for Me. He will resume in that 12 by 15 feet room office and run errands. The scripture that says; “Though thy beginning was small, Yet thy latter end should greatly increase.” ‭‭Job‬ ‭8‬:‭7‬ ‭KJV‬‬

“We started very small with many businesses that failed even before I registered the company but one business became our identity, Bulk SMS. Started this with 1000 naira (10USD that’s time estate rate) our projection will see us control real estate asset worth over 2billion dollars in the next 5years, particularly our international operations. Only God could have gotten us this far in life and business.

“Many don’t know that our foundation was bigger in name and brand than the for-profit business. Infinity Foundation which later change to Stephen Akintayo Foundation started with Campus students wanted to help the poor particularly orphans and widows. I was poor myself, yet wanting to make others rich.

“As sorrowful, yet alway rejoicing; as poor, yet making many rich; as having nothing, and yet possessing all things.” ‭‭2 Corinthians‬ ‭6‬:‭10‬ ‭KJV‬‬. I was a student for Christ sake yet we will raise Millions of Naira to do project with orphanages . Will use my school fees and accomodation rent money just because I wanted to see changes. After I got tired and frustrated by people who pledge towards our project and disappoint , I decided to make the business arm more central and what I make from my business, I can then put into charity which is what we now do today.

“In All! God has been good to us as a company! We have moved from one estate to over 30 cut across 7 states in Nigeria and also in USA. We have moved from one employee to over 300 in 4 continents namely Africa, UK, Dubai for Middle East, USA for The Americas. Thank you to all who keep faith with us. We are grateful,” the seasoned entrepreneur said.

Acknowledging that he was pushed to work hardest because of the need to be financially free, he noted that he embraced entrepreneurship very eary in life.

“At the age of 17/18, I read the books that changed my life. I read Rich Dad, Poor Dad, Think and Grow Rich and others. The books woke me up to know that it is not degrees that is going to make me rich. It made me know that degree is just about going to school and being enlightened. If I want to be rich, I needed to do a trade. Having gone through that book at the age of 18, I started my first business as a very shy person, and my first business was multilevel marketing of food supplement by GNLD. It was difficult to market a drug, as I couldn’t look a potential customer in the face, but the book I read said if I could do this, I would become rich. So I had to.

“I started business by selling e-books from day one in the university. I was just sold to doing business; hawked electronics and all stuffs. I failed many times doing business but I kept at it because I had no choice, and because we were not rich and money was always an issue, so I just had to keep at it and that was it for me,” he informed.

Over the years, Akintayo and Gtext has providing affordable accommodations to all strata of clients ranging from the low to the upper class.

Today, Gtext land boasts of 25 luxury estates with 16 already launched and five fully developed just as nine estates are in pre-launch stages. Also, Gtext Suites have offered ownership of smart homes in prestigious areas like Sangotedo and Banana Island. The magnanimity of this project allows anyone who sells up to three property, an opportunity of an all expense trip to Jordan.

In the same vein, GText and Associates, alongside Stephen Akintayo Foundation has organised over 100 Certified Real Estate Masterclasses and enhanced realtors’ global real estate expertise. They have also initiated and executed over 50 all expense paid trips, which created opportunities for business growth as well as raising over 60,000 persons to the millionaire cadre.

Gvest, the investment of the Holdings, has succeeded in paying Return on Investment (ROI) to investors. The company has seamlessly perfected its operational base, laying a foundation that affords clients effortless utilization of the GSAVE app.

The Stephen Akintayo Foundation arm of the Holdings has been in the forefront of equipping aspiring entrepreneurs through real estate investment masterclasses as well as promoting global finance literacy via a successful family finance conference.

The company plans a gala nite for management, staff and the general public on June 1, 2024, to celebrate the landmark achievements of the past 16 years.

This is wishing Dr. Stephen Akintayo and the entire Gtext family a wonderful 16th Anniversary celebration, and many more years of market leadership.

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Don’t Vote for Me If I Fail to Fix Power Comment: Onanuga Claims Tinubu Was Quoted Out of Context

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Special Adviser to President Bola Tinubu on Media and Publicity, Bayo Onanuga, has described as ‘out of context’ the assertion that President Bola Tinubu told Nigerians he would not seek re-election if he failed to provide constant power supply for the citizens.

Onanuga dismissed the claims which have recently resurfaced in many circles, and explained that the statement credited to the president was conditional, and not an outright pledge.

Onanuga spoke during an interview on Arise News on Tuesday, where he further insisted that the President’s remarks on power sector reforms had been misrepresented, as it was not an outright pledge to forgo a second term.

Reports had quoted Tinubu during a business luncheon in December 2022 ahead of the 2023 presidential election, to have said: “If I don’t give you constant electricity for four years, when I come back for a second term, don’t vote for me.”

But the presidential aide argued that critics often quote only a portion of the President’s remarks while ignoring the context in which they were made.

Asked whether the President had promised not to seek re-election if the electricity supply did not improve dramatically, Onanuga said: “That is not exactly what he said. He said he will give Nigerians power. I’m paraphrasing now. He said he will also will end the area of estimated billing. A problem that he has largely solved because it should not be his business, but his government is producing meters, asking the DISCOS to give people meters free of charge.

“And he said, if by any chance he has reasons not to give Nigerians adequate power, then they should understand the problem that he inherited.”

When he was told that the President said he should not be reelected if the electricity supply did not improve, Onanuga said, “He didn’t say that way. Let me see if I can open my phone and tell exactly what he said.”

Onanuga argued that Tinubu had demonstrated commitment to power sector reforms since assuming office, citing the signing of the Electricity Act as one of the administration’s major achievements.

“The first thing he did when he came to office was sign the Electricity Act, which enables states to generate power, transmit power and distribute power,” he said.

The presidential spokesman noted that the legislation has opened up the electricity sector and encouraged competition, with several states already taking advantage of the opportunities created by the law.

“That is a good thing. Some of the states are taking advantage of that, and more are going to do so. That will make the electricity sector open and competitive,” he added.

The presidential spokesman also pointed to efforts by the administration to address the metering gap across the country, saying the government had intervened to ensure more Nigerians receive meters free of charge.

“He also learnt the error of estimated billing, a problem that his government is largely solving because the government is producing meters and asking distribution companies to give people free of charge,” Onanuga said.

While acknowledging that electricity supply has yet to reach the level envisioned by the President, Onanuga attributed the challenge to long-standing structural problems in the sector.

“We are not at the level that the President meant it. I can tell you that,” he said.

He explained that although Nigeria has an installed generation capacity of about 13,500 megawatts, constraints such as gas shortages, legacy debts and weak transmission infrastructure have limited performance.

“What people don’t know is that we already have an installed capacity of 13,500 megawatts. What are the problems? No gas. The players in the sector owe the gas companies legacy debts of over four trillion naira,” he said.

According to Onanuga, the Tinubu administration is working to resolve these issues while pursuing reforms aimed at improving generation and transmission capacity.

“The transmission grid is outdated, but that is part of the reforms that need to be put in place,” he said.

He added that the government was exploring additional initiatives to optimise existing power assets and improve electricity delivery across the country.

Onanuga maintained that despite the challenges, the administration remains committed to delivering on its promise of improving electricity supply and strengthening the nation’s power sector.

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How I Made Buhari President in 2015 – Amaechi

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Former Rivers State Governor and ex-Minister of Transport, Rotimi Amaechi, has said that he, and not President Bola Tinubu, played the pivotal role in making late Muhammadu Buhari president in 2015.

In a Friday interview on Arise News’ Prime Time, Amaechi, who is now a presidential aspirant under the African Democratic Congress, addressed longstanding claims by Tinubu.

During his pre-2023 campaigning, Tinubu said Buhari would not have become president without him and that it was his turn to become one too.

But Amaechi explained that as a serving minister under Buhari, he could not publicly challenge Tinubu’s assertions to avoid risking his position.

“When we decided to form the APC, while I was a minister, (Tinubu) was claiming he made Buhari president and I couldn’t respond because I was a minister under President Buhari. That would have been suicidal because Buhari could fire you,” Amaechi said.

He continued, “So I couldn’t have said, ‘You are wrong.’ He didn’t make President Buhari president. Not only was I the DG of the campaign, but everybody will bear witness that I did all the battle.

“I led the Governors’ Forum, criss-crossed the country fighting here and there trying to get Nigerians to know that this is the time for change.”

Amaechi served as Director-General of Buhari’s 2015 and 2019 presidential campaigns.

He was a key figure in the 2013–2014 defection of PDP governors that helped form the APC alliance, which ultimately defeated President Goodluck Jonathan.

However, Tinubu was also instrumental in Buhari’s emergence, leading the merger of major opposition parties, including his Action Congress of Nigeria, to form the All Progressives Congress, which challenged and defeated the then-ruling PDP.

The remarks come amid Amaechi’s positioning for the 2027 presidential race as part of the growing opposition coalition under the ADC.

He has been vocal in recent months criticising the Tinubu administration over economic hardship.

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GLO: The Undisputed Digital Oxygen

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By Dr. Sani Sa’idu Baba

In medicine, oxygen is the invisible molecule upon which all human life depends. Remove it, and the body shuts down almost instantly. The brain weakens, the heart struggles, and every organ begins to fail. As someone who studies how the human body works, I have always understood the centrality of oxygen to biological existence. But in recent years, watching Nigerian society evolve in the digital age, I have arrived at another conclusion: connectivity has become the oxygen of modern civilisation.

Without network connectivity today, businesses freeze, students lose access to learning, hospital records fall into jeopardy, POS transactions struggle, markets slow down, and families become disconnected. Digital access is no longer a luxury; it is the infrastructure upon which modern life breathes.

And in Nigeria, one network increasingly stands out as the supplier of that digital oxygen: GLO.

Across campuses, markets, offices, villages, and urban centres, millions of Nigerians now depend on the Glo network for the daily rhythm of their lives. For students, it powers e-learning, research databases, virtual classrooms, and academic collaboration. For traders and entrepreneurs, it sustains mobile banking, online transactions, advertising, and customer communication. For farmers in rural communities, it ensures communication with farmland workers. For doctors and healthcare professionals, it enables telemedicine and rapid information exchange. In many homes, Glo is the invisible bridge connecting families separated by distance.

This is why many Nigerians increasingly describe Glo not merely as a telecom company, but as a necessity.

What is even more fascinating is the growing public confidence in Glo’s reliability, something I have personally witnessed. I recently observed a man asking a shop attendant to call his boss. After placing the call once, the attendant calmly replied, “Sir, his phone is switched off.” The man insisted he should call repeatedly before concluding. The attendant smiled and responded, “Sir, I am using Glo network. If Glo says the phone is unavailable, then it is unavailable.” Everyone around laughed, but beneath the humour was a powerful reality: people increasingly trust the reliability and clarity of the Glo network. That brief moment was more than a casual conversation; it was a testimony to the confidence Glo has quietly built among Nigerians.

The reality becomes even clearer during moments of national stress. In an era defined by climate change, unstable electricity supply, flooding, extreme heat, and infrastructural disruption, telecommunications networks face enormous pressure. Floodwaters damage fibre optic cables. Heat weakens sensitive electronic systems. Power failures destabilise base stations. Yet despite these challenges, millions of Nigerians continue to experience remarkable connectivity stability on Glo.

That stability is not accidental. Globacom has continued to invest heavily in infrastructure upgrades and network improvement projects aimed at enhancing customer experience nationwide. For millions of Nigerians, clearer calls and faster internet are no longer wishes but daily realities because of the company’s sustained commitment to expanding and strengthening its network systems.

What makes Glo exceptional is not simply its coverage, but its resilience. The company has increasingly embraced hybrid energy solutions involving solar systems and battery storage technology to reduce dependence on diesel-powered infrastructure. This improves network reliability during grid failures while simultaneously reducing environmental pressure. Glo has also undertaken extensive fibre reconstruction and relocation projects across Nigeria, redesigning network routes to withstand environmental disruptions such as flooding, erosion, and climate-related damage. Its investments in expanded spectrum capacity and advanced technologies have further improved efficiency, enabling stronger data delivery and smoother connectivity for subscribers across the country.

From my vantage point in Kano, a region experiencing intense heat and significant environmental pressure, the importance of resilient connectivity cannot be overstated. For traders in Sabon Gari Market, network access means economic survival. For students at Bayero University, it means uninterrupted learning and research. For countless young Nigerians trying to build digital businesses, it means opportunity itself.

In many respects, Glo functions like the respiratory system of Nigeria’s digital society. The Glo-1 submarine cable and Glo fibre optics act like lungs, bringing global bandwidth into the country. The national fibre network resembles blood vessels distributing connectivity nationwide. The 4G LTE base stations function like capillaries, delivering data directly to the individual user whether in Kano or far beyond.

The subscriber shouting “Glo Unlimited!” during a blackout while data continues flowing is not merely celebrating affordable internet. They are experiencing the result of years of investment, resilience engineering, and technological foresight.

Calling Glo “The Digital Oxygen” of Nigeria is therefore not poetic exaggeration, it is an acknowledgment of reality. In a country where millions now live, learn, trade, communicate, and dream through digital connectivity, Glo has become more than a network provider. It has become the vital breath upon which modern Nigerian life increasingly depends…

Dr. Sani Sa’idu Baba writes from Kano, and can be reached via drssbaba@yahoo.com

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