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The senator representing Lagos East senatorial district, Sen. Tokunbo Abiru, Thursday, canvassed support for the Economic Sustainability Plan (ESP), noting that 2021 would be the beginning of economic recovery and transformation.

 

Abiru, a former Executive Director, First Bank and the immediate past Chief Executive Officer, Polaris Bank, disclosed the plan to inaugurate an endowment fund in the first quarter to complement the efforts of the federal and state governments in skill acquisition and capacity development.

 

He disclosed the plan in a two-page message, ‘Welcome to Year 2021’ he sent to his constituents to mark the advent of 2021, thanking God that they “are alive, hale and healthy to witness the New Year amid hope and optimism.”

 

Abiru, specifically, acknowledged the effort of the federal government to implement its Economic Sustainability Plan (ESP) valued at N2.3 trillion and the Government of Lagos State for rolling out different initiatives to improve the quality of life in the state.

He, therefore, promised that he would always join hands with his colleagues in the Senate “to provide necessary legislative support required towards repositioning our economy in the New Year.”

 

Before the end of the first quarter, the lawmaker disclosed that he “will formally inaugurate an Endowment Fund, a personal empowerment initiative set up for the indigent brilliant students, the aged, the youths and the vulnerable, including persons with special needs.

 

“The Fund will complement the efforts of the federal and state governments in the areas of skill acquisition and capacity development,” Abiru promised his constituents a new dawn in legislative representation in the district.

 

He, however, noted that 2020 was possibly the most challenging year in the recent times, citing the outbreak of COVID-19 that plunged the economy into a recession and the eruption of EndSARS protests that called for a more accountable, transparent and citizen-focused policing structure.

 

 

 

The lawmaker also noted that the year would remain unforgettable for the people of Lagos East, first due to the passage od Sen. Adebayo Osinowo, Chief Lanre Rasaq and Hon. Tunde Braimoh at the height of the first wave of the COVID-19 outbreak.

 

He prayed that God Almighty “will continue to comfort and uphold the families of the deceased.”

 

Abiru recounted that the year would remain unforgettable citing a 87.19% landslide recorded in the senatorial contest and 82.61% in the state legislative race with the support of his constituents across Lagos East.

 

Despite all its low moments, the lawmaker observed that there “are causes to appreciate God for all the events of Year 2020. We are alive, hale and healthy to witness the New Year amid hope and optimism.

 

“For this reason alone, I rejoice with you all, believing that Year 2021 will, by the grace of God be the beginning of our economic recovery and transformation.

 “As we step into the New Year amid great expectations, let me first assure that I shall, by God’s grace keep and fulfill the promises made during our electioneering campaigns.

 

“As a Senator of the Federal Republic of Nigeria, I have the onus of making laws, exercising legislative oversight and quality representation for my constituents for the purpose of good governance, a duty I pledged to discharge to the best of my ability,” he assured his constituents.


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Business

Baba Adinni and Iya Adinni: Harmony Gardens Chairman and Wife Inducted into Spiritual Roles

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In a momentous occasion of spiritual significance and community recognition, the Chairman of Harmony Gardens and Estates Development LTD, Hon. Dr. Saheed Audullahi Mosadoluwa, popularly known as Mr. Ibile, and his wife, Hadjia Aishat Adebimpe, were recently installed with revered titles at an event hosted by the Al-Irshad Islamic Foundation.

 

Hon Saheed Mosadoluwa Ibile inaugurated a multi-billion naira ultra-modern Central Mosque at Ibeju-Lekki immidiately after he got recognized by the West Africa Islamic Council as the AL Mujaddid in Rabbat, Morocco.

 

According to popular Muslim tradition, the term refers to an individual who emerges at the turn of each century in the Islamic calendar to rejuvenate Islam, purging it of extraneous elements and restoring it to its original purity. In contemporary times, a mujaddid is regarded as the preeminent Muslim figure of a century.

 

The concept of Mujaddid is based on a hadith (a saying of Islamic prophet Muhammad), recorded by Abu Dawood, narrated by Abu Hurairah who mentioned that Muhammad said:

 

Allah will raise Mujaddid for this community at the end of every 100 years the one who will renovate its religion for it.

 

Recall that in a grand ceremony attended by distinguished personalities and spiritual leaders, Hon Saheed Audullahi Mosadoluwa, Chairman and CEO of Harmony Gardens and Estates Development LTD, officially commissioned and handed over a state-of-the-art central mosque in Ibeju-Lekki, Lagos State, on Friday, January 19th, 2024.

 

The auspicious event witnessed the presence of esteemed religious leaders, including Sheik Semiu .A. Opeloyeru, The Grand Chief Imam and General President of the League of Imam and Alfa in Ibeju-Lekki L.G.A. The ceremony commenced with the arrival of Sheik Semiu .A. Opeloyeru, setting the tone for a day of spiritual significance and community celebration.

 

Representing the executive governor of Lagos State, His Excellency Babajide Sanwoolu, was Hon. Ahmed Abdulai Jembe, the Special Adviser on Islamic Affairs to the governor, graced the ceremony. The Onibeju in attendance emphasizing the significance of the event in the cultural and traditional context.

 

The event saw the attendance of various traditional rulers, highlighting the communal and inclusive nature of the mosque inauguration. Notably, the newly appointed Lagos NURTW Chairman, Mustapha Sego, drew attention as his presence added an extra layer of recognition to the occasion.

 

However, the prestigious ceremony, held at Monarch Hall in Osapa London Lekki, Lagos State, saw Hon. Dr. Saheed Audullahi Mosadoluwa bestowed with the title of Baba Adinni, signifying a revered position within the religious community. His wife, Hadjia Aishat Adebimpe, was similarly honored as Iya Adinni, a title of great respect and responsibility.

 

The Al-Irshad Islamic Foundation, under the guidance of its founder Sheik Rasheed Adeleke, who is also the owner of Al-Irshad Travel and Tours, organized the event as a Pre-Ramadan lecture, award ceremony, and Turbaning ceremony. The atmosphere was filled with spiritual fervor and communal joy as community members gathered to witness the momentous occasion.

 

Notably, Abu Abel and other prominent figures, was also present at the event, adding to the significance of the gathering. The ceremony, held on Sunday, February 25th, 2024, brought together individuals from diverse backgrounds to celebrate the exemplary contributions of Hon. Dr. Saheed Audullahi Mosadoluwa and his wife to both the community and the Islamic faith.

 

The Turbaning ceremony, a traditional rite of passage within the Islamic community, symbolizes a deep connection with cultural heritage and spiritual leadership. The titles of Baba Adinni and Iya Adinni carry great responsibilities, signifying the honorees’ commitment to serving the community and upholding the values of the Islamic faith.

 

As the community celebrates this significant event, the installation of Hon. Dr. Saheed Audullahi Mosadoluwa and Hadjia Aishat Adebimpe as Baba Adinni and Iya Adinni reflects their exemplary leadership and commitment to the principles of Harmony Gardens and Estate Development LTD. The event serves as a beacon of unity, spirituality, and communal recognition within the Osapa London in Lekki community.

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Squad Powers OmniPay’s Trade Business to Simplify Payments for FMCG Industry

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In a strategic move aimed at furthering its mission to empower African traders with the necessary payment solutions for thriving in the digital era, Squad, a fintech subsidiary of Guaranty Trust Holding Company Plc (GTCO), offering comprehensive payment and e-commerce solutions for businesses, has entered a partnership with OmniPay, a subsidiary of OmniRetail Inc.

 

This collaboration has currently benefited more than 65,000 stakeholders, which include retailers, distributors, and manufacturers through improved payment and collection methods using Squad’s Virtual Bank Account without incurring any charges. Additionally, they have gained more accessible and affordable working capital to procure goods on credit for their businesses, contributing to the daily transaction volume exceeding N3 billion, and this figure continues to grow.

 

Adeyemi Atanda, the Chief Marketing Officer, Squad, shared insights on the partnership’s significance, emphasizing, “At Squad, our mission revolves around providing African businesses with the right solutions for effortless payment processes, available at their convenience. We understand the pivotal role small businesses play in our economy. Through strategic alliances like this, we aim to empower even more merchants by granting them access to rapid, user-friendly, and dependable payment solutions that optimize their business operations and, in turn, boost their revenue.”

 

Deepankar Rustagi, CEO of OmniRetail stated, “As we join forces with Squad, we are driven by our shared vision of transforming the digital payment landscape for African businesses. With OmniPay, businesses will gain improved payment methods with zero transfer fees, while retailers and distributors will have easier access to OmniPay’s BNPL (Buy Now Pay Later) solution. This partnership aims to empower businesses, streamline payment processes, and enhance record-keeping accuracy through automated reconciliation for orders. This partnership reinforces OmniRetail’s commitment to innovation and financial inclusion.”

 

About Squad

 

Squad is a complete payment solution that is reliable, secure, and affordable, making receiving in-person and online payments simple and convenient.

 

Our goal is to support SMEs, micro-merchants, large corporations, and other fintechs (Tech Stars) with the tools they need to thrive in an evolving digital economy and expand beyond their current market reach.

 

Squad’s current products and service offerings include SquadPOS, Squad Payment Links, Squad Virtual Accounts, USSD, and E-Commerce Storefront.

 

Find out more at www.squadco.com.

 

About OmniPay

 

OmniPay, a subsidiary of OmniRetail Inc., is a company with a mission to simplify payments in Nigeria and provide working capital to trade businesses. OmniPay provides an API-based wallet built to simplify trade payments.

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