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Billionaire Businessman, Kola Adesina Revels at 60

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By Eric Elezuo and Dayo Adewole

According to a 1971 blockbuster movie in the James Bond (007) series, Diamonds Are Forever, and so is the ebullient and energetic investor in the power and energy sector, Chief Kola Adesina, who clocked 60 on August 12, 2024.

The businessman, whose entrepreneurial prowess has raised champions in trade and commerce, left nothing to chance as he pulled all stops to give himself, family members, colleagues and well wishers the best of treats.

The birthday events, which were celebrated in two days, and at two different locations, kicked off on Sunday August 11, 2024 with a well attended Thanksgiving service at the Redeemed Christian Church of God (RCCG), The New House Parish, in Victoria Island, Lagos, with the creme de la creme of the society in attendance.

THE ALL ENCOMPASSING THANKSGIVING SERVICE AT RCCG

The celebrant against common practice, chose to give God thanks first before holding a mother of all party at the Harbour Point Event Centre in Victoria Island.

Adesina, who is recognised by the honours MFR and FNSE, had dignitaries by his wife, Mosunmola, children, extended family members and well wishers from various parts of the world drawn to Victoria Island in Lagos State to join him in giving thanks to God for job well done in his life over a 60 years duration.

Kola Adesina

Also the board Chairman of Ikeja Electric, and Chairman AXA Mansard Insurance Plc, Adesina’s thanksgiving was a heartfelt expression of gratitude to the Almighty God, a celebration that encompassed the significant milestones that he has been able to achieve over a long period of time.

Kola Adesina

Reveling in the same mood of accomplishments, The New House Parish of the Redeemed Christian Church of God in Victoria Island, which played host to a diverse range of events and dignitaries, who supported the celebrant in expressing gratitude to God, left nothing to chance in the organisation of one of the best thanksgivings as the Pastor in charge of the Parish, Pastor Gbenga Tapere, popularly known as PGT, did everything possible to add spiritual and physical life to the event.

The birthday took place on Monday August 12, 2024 but the celebrant chose to honor God first, above anything else; a move that has been praise by all and sundry.

In his sermon at the service, the presiding preacher, who is awell known Evangelist of RCCG, Pastor J.T Kalejaiye, dwelt on how to adhere to the principles that can make life worthwhile and acceptable before God, while also stressing that ‘life is like a loan’, which one day the ‘giver will take it back’.

Pastor Kalejaiye’s sermon proved to be an eye opener to the various use of candid eulogies to every one who did well in the society, singling our Dr. Adesina as an achiever of distinct status.

Among th prestigious presence that graced the thanksgiving ceremony were Governor of Lagos State, Babajide Sanwo-Olu, his Ogun State counterpart, His Excellency Dapo Abiodun, former President of Nigeria Goodluck Jonathan, former Vice President, Prof Yemi Osinbajo, former President of Sierra Leone, Ernest Bai Koroma, former Governor of Ekiti State Dr Kayode Fayemi, as well as representative of the President of Congo.

Other dignitaries present were, Executive Director and Co-Founder of Sahara Group, Pastor Tonye Cole, Olusegun Awolowo Secretary, National Action Committee on the African Continental Free Trade Area (AfCFTA), former Special Adviser to the President on Niger Delta Affairs; Chairman/ CEO, Presidential Amnesty Programme, Timi Alaibe, Chief Executive Officer of Geregu Power Plc, Akin Akinfemiwa, Senior Pastor and founder of Covenant Christian Centre, Pastor Poju Oyemade.

Also on the roll call were famous gospel and secular artists including Timi Dakolo, Moses Bliss and Tosin Bee.

In his goodwill message, the celebrant, Adesina expressed heartfelt his appreciation at the caliber of dignitaries that grave the event with their presence, thanking them for their collective commitment towards the growth of the nation and his success story.

Also in his appreciation speech, the sexagenarian specially recognised his wife, children, members of his family, including his octogenarian mother, and asked for a standing ovation for her. He further expressed his appreciation to friends, business associates, well-wishers, protégés and all who contributed to the success of the event.

THE UNFORGETTABLE ALL STARS PARTY AT HARBOUR POINT

The next day, Monday, was new, crisp and beckoning at the prestigious Harbour Point in Victoria Island, Lagos, where the who’s who in every sector of the economy trooped out in their numbers with excitement to celebrate with a practical man of the people, who has given his all to get to where he is presently as well as affect the generality of Nigerians in philanthropism.

The cream of society, business leaders, and dignitaries had gathered to celebrate a milestone – the 60th birthday of Sir Kola Adeshina, affectionately known as Sir Kay, Managing Director of Sahara Group.

As guests arrived, they were greeted by a sea of elegant decorations, with Sahara Group’s signature colours and the celebrant’s portrait prominently displayed across the length and breadth of the venue. The atmosphere was electric, filled with anticipation and warmth.

The evening’s festivities began with a red-carpet reception, where the celebrant and his wife, Lady Adesina, graciously received well-wishers.

As the programme commenced, Sahara Group’s Executive Director, Tonye Cole, took the stage to welcome everyone. He praised Kola Adesina’s visionary leadership, emphasizing his impact on the energy sector and commitment to philanthropy.

The highlight of the evening was a heartfelt tribute video showcasing the ebullient Chief Executive’s journey through his early days to his remarkable achievements 60 years after. The audience was visibly moved, applauding as every word of his biography was presented, coupled with a customized photo album and a commemorative plaque.

The celebration continued with a sumptuous dinner, followed by the cake-cutting ceremony.

Former President Olusegun Obasanjo led the ceremony, with warm praises for Adesina’s contributions to Nigeria’s growth and development. President Obasanjo also led a heartfelt prayer, blessing thr celebrant, his family, and the Sahara Group family, and invoking divine guidance, wisdom, and continued success upon every one of them.

With the cake-cutting and prayer concluded, the event dovetailed into a free for all entertainment including a surprise appearance of King Sunny Adé, who serenaded the audience with his hit songs.

Afterwards, the stage was set for an unforgettable entertainment lineup that featured renowned juju musicians and hip-hop artists ageless Evangelist Ebenezer Obey, Adewale Ayuba, Timi Dakolo, Patoranking, Teni Makanaki, Davido and Fireboy. In fact, it was a night of electrifying performances that kept the guests permanently on their feet, digging to the enthralling sounds of years ago, and those of the the present. It was a pure admixture of the past and the present juxtaposed with the future.

In his remarks, the elated celebrant, expressed gratitude to God, his family, colleagues and friends, emphasizing the importance of teamwork, perseverance, and giving back to society. He dedicated his milestone birthday to the Sahara Group family and pledged continued commitment to excellence.

As the night drew to a close, guests departed leaving behind heartfelt wishes, eulogies, jaw dropping gifts, and unforgettable memories.

Adesina’s 60th birthday party would be etched in their minds as a testament to his remarkable legacy and the power of celebration.

The Sahara Group MD had truly earned his place in the hearts of many, and this milestone birthday marked the beginning of another chapter in his illustrious journey.

The all-important get-together drew together the be all and end all personalities in Nigeria including governors, senators, billionaire industrialists and many others. Some of them were Africa’s richest man, Alhaji Aliko Dangote, Chairman, Heirs Holdings, Mr. Tony Elumelu, Chairman, Ovation Media, Chief Dele Momodu; former governor of Ogun State, Aare Segun Osoba, governor of Osun State, Senator Ademola Adeleke; former governor of Ondo, Mr. Segun Mimiko; Otunba Bimbo Ashiru;

The high point of the occasion was the presentation of over $500,000 Rolls Royce Cullinan car to the birthday boy by a group of friends, who one way or another, has benefitted from his generous gestures over the years.

Adesina is a philanthropist of no mean repute, and testimonies abound to his boumdless milk of human kindness.

Congratulations sir!

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Tinubu Presents N47.9trn 2025 Appropriation Bill to NASS

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President Bola Tinubu, on Wednesday, presented the proposed 2025 federal budget to a joint session of the National Assembly.

The N47.9 trillion budget saw a whopping N3.5 trillion allocated to the education sector.

Other sectors that got higher allocations include defence and security – N4.91tn, infrastructure – N4.06tn and health – N2.4tn.

“It is with great pleasure that I lay before this distinguished joint session of the National Assembly, the 2025 Budget of the National Assembly of Nigeria titled, ‘The Restoration Budget’ security peace, building prosperity,” Tinubu said as he concluded his 30-minute presentation at 1:10pm.

This budget highlights the government’s focus on improving education, healthcare, and infrastructure, in line with its ‘Renewed Hope Agenda’ aimed at boosting the economy and addressing key national priorities.

The live broadcast of the budget presentation today revealed the government’s plans for the next fiscal year. With a strong emphasis on human capital development, the president highlighted the budget’s commitment to improving the nation’s economic foundation.

Education sector receives major funding 

A significant portion of the 2025 budget is dedicated to education, with N3.5 trillion allocated to the sector. President Tinubu stated that part of this funding would be directed toward infrastructure development, including support for Universal Basic Education (UBEC) and the establishment of nine new higher educational institutions.

We have made provision for N826.90 billion for infrastructural development in the education sector,” Tinubu said.

This allocation aims to improve educational facilities and support ongoing efforts to strengthen Nigeria’s educational system.

Focus on human capital development 

During the presentation, the president emphasized the importance of investing in Nigeria’s human capital. “Human capital development, our people are our greatest resource. That is why we are breaking record investment in education, healthcare, our social services,” he remarked.

Tinubu also pointed to the N34 billion already disbursed through the Nigerian Education Loan Fund (NELFUND) to assist over 300,000 students.

The budget includes continued investments in healthcare and social services as part of the broader goal of enhancing the quality of life for Nigerians.

Strengthening the economy and national security 

Tinubu highlighted that the 2025 budget is designed to build a robust economy while addressing critical sectors necessary for growth and security.

“This budget reflects the huge commitment to strengthening the foundation of a robust economy, while addressing the critical sectors essential for the growth and development we envision; and secure our nation,” he said.

The budget aims to tackle key challenges and foster long-term economic stability by prioritizing infrastructure and development in key sectors.

Healthcare and social services allocations 

In addition to education, Tinubu focused on the allocation for healthcare and social services. The government plans to increase investments in healthcare infrastructure and services to ensure broader access to essential healthcare for Nigerians.

These investments are part of the administration’s strategy to improve overall living conditions and enhance public health across the country.

President Tinubu’s proposed 2025 budget is said to reflect the administration’s commitment to achieving its development objectives, with a focus on economic growth, human capital development, and infrastructure improvement.

As the National Assembly reviews the budget, the president reiterated his administration’s resolve to address the nation’s most pressing needs.

Source: Nairametrics

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Ghana’s President-elect Mahama Visits Tinubu in Abuja

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Ghana’s President-Elect, Dr. John Dramani Mahama, a courtesy visit to President Bola Tinubu at his residence, Presidential Villa, State House on Monday.

Mahama

Mahama won 56 percent of the votes in this month’s presidential election, compared to the ruling party candidate and Vice President Mahamudu Bawumia, who secured 41 percent.

Mahama

The landslide comeback for former president Mahama ended eight years in power for the New Patriotic Party (NPP) under President Nana Akufo-Addo, whose last term was marked by Ghana’s worst economic turmoil in years, an IMF bailout and a debt default.

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I Stand by What I Said, Kemi Badenoch Replies VP Shettima

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The leader of the United Kingdom’s Conservative Party, Kemi Badenoch, has lashed back at Vice President Kashim Shettima over the latter’s reaction to her comments about Nigeria.

Badenoch was born in the UK in 1980 to Nigerian Yoruba parents.

Badenoch, who attained age 16 in Nigeria before departing the country for the UK where she was elected Conservative Party’s leader, described Nigeria as a nation brimming with thieving politicians and insecurity.

However, Shettima, while speaking at the 10th Annual Migration Dialogue at the Presidential Villa in Abuja on Monday, December 9, 2024, accused Badenoch of “denigrating her country of origin” with her remarks.

The vice-president listed influential people whose families had migrated to other countries, commending former UK Prime Minister Rishi Sunak as a “brilliant young man who never denigrated his nation of ancestry.”

Reacting on Wednesday, Badenoch lashed back at Shettima, saying she doesn’t do “PR for Nigeria”.

Her spokesperson, as the Tory leader, according to UK Express, said: “Kemi is not interested in doing Nigeria’s PR; she is the Leader of the Opposition in the UK.

“She tells the truth; she tells it like it is; she isn’t going to couch her words. She stands by what she said.”

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