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The likes of Sijibomi Ogundele,CEO,GMD, Sujimoto Group of Companies seldom come easy in Nigeria’s highly unpredictable Real Estate terrain. This is because Suji…as fondly called by friends, not only dreams big, whatever he touches also turns gold.Ask even the big names in Nigeria’s Real Estate sector and they’ll readily tell you the guy is completely in a world of his own. Say what you like,there are those with the narrative that Sujimoto leads,others simply follow. Recently,the suave entrepreneur took to the streets of Lagos for the Launch of his new initiative ,HOMEWIN and he chose Oke-Arin,the epicenter of Nigeria’s biggest Retail market as a strategic location, using it’s commercial environs as a bedrock to declare war on poverty and raise the common man. Ogundele says HOMEWIN can be regarded as the ‘stock market ‘of the common man. Sujimoto”s newest project has been adjudged to be Nigeria’s biggest giveaway promo.With just N500,you can win amazing prizes ranging from a home worth N50 million.Other prizes include 2 brand new cars, salary4life (💯 k for 10 years)to immense daily cash prizes.A total sum of 100million will be won in 100 days. HOMEWIN is expected to produce over 11,000 winners in a hundred days. In this interview with Celebrityplusnonline, Ogundele talks about HOMEWIN , presently adjudged as the fastest cashout route for many.He also touched on the idea behind his much-hyped Luxury living projects and his will to make more Nigerians Millionaires within a hundred days…Enjoy it

Q1: Promos here and there with almost the same template, honestly, Nigerians want something new…what makes HOMEWIN different from the pack?

 

Homewin is more than a promo, it is a strategic empowerment initiative, powered by Sujimoto, to get over 11,000 Nigerians out of Poverty – the biggest intervention ever!

 

Homewin is very personal to me because in December 2020 while distributing Christmas Hampers on the streets of Lagos, I bumped into a pregnant lady hawking her wares around Maryland bus stop with a very big stomach. The total value of her merchandise should be below N3000 and I thought no matter how much profit she made, it would never get her out of poverty, I decided to support her and give her child a lifetime scholarship, however and very unfortunately, she lost the child. This inspired me to create an avenue to impact the lives of every Nigerian and give them an equal opportunity to be part of a promo that can get them out of poverty with as little as N500. This was how HOMEWIN was born.The idea is to give every Nigerian the opportunity to move out of the cycle of poverty by converting their N500 into a home worth 50 million naira and win lots of cash prizes daily within a 100 days. It is not profit driven, but an avenue to drive our generosity movement and touch more lives.

 

Q2: Who can play?

Anyone can play. HOMEWIN cuts across all strata and classes,Bankers, Street Hawkers, Businessmen, Market women, Lawyers, Doctors, Mechanics, Housewives, Vulcanizer, students, everyone is playing and winning already.

Q3: You had the Launch recently in the heart of Lagos Island, Oke-Arin,why did you choose such location and what has been the reaction of People to HOMEWIN?

 

It was very important for me to launch HOMEWIN in the marketplace where I grew up and the place I call home. I was super excited to see that the first lady that gave us her space to use for HOMEWIN was the first person to win 50,000 at the launch. That for me was a success.Nigerians love HOMEWIN and the reception has been mind-blowing as more people are playing, exceeding our expectations, to the point where we had to increase our daily wins at different times to accommodate more winners.

 

Q4: How swift do winners redeem their cash out?

 

We don’t joke with payment.In less than 24 hours, as soon as the daily draw is concluded, all Winners are notified via SMS of their winnings and credited immediately.

 

Q5: How can someone interested in being an Agent of HOMEWIN go about it?

 

Becoming an agent on the HOMEWIN platform is another way to make steady income and earn millions monthly. As an agent with HOMEWIN, you decide what you want to earn weekly and monthly.If you want to go home with a million naira every month, it is up to you. The more people that play with you, the more you earn in commission and there are no limit when it comes to how much you can earn. Visit https://agents.playhomewin.com/ to learn how to become an Agent.

 

Q6: Why are you being generous?

 

For us as a brand, generosity is not a CSR initiative or a competition, it is a lifestyle. I believe that when your neighbour is hungry, your chicken is not safe and this is one of the reasons we started the generosity movement through HOMEWIN, to be able to empower a lot of Nigerians within the space of a 100 days.

 

Q7: Can anyone interested in co-investing in HOMEWIN come in?

 

Why not? Anyone who has 1 Billion naira or more to invest can come on board.

 

Q8: What do you expect this project to do for the SUJIMOTO brand?

 

For us at Sujimoto,giving back to the society is imprinted in our DNA and it is fundamental to the brand’s philosophy. You can’t be a customer-centric brand and not be generous, neither can you create record breaking projects like the *Giuliano* , *Lucrezia* and the *Leonardo* without focusing on the comfort of your clients.

HOMEWIN is a Sujimoto CSR initiative. It is one way Sujimoto is empowering Nigerians and transforming their lives financially. At the end of 100 days, we want Nigerians to be able to say, because of Sujimoto, I am now a millionaire and can now live my best life.

Q9 Can you shed light on all the Luxury projects by SUJIMOTO ongoing right now and how investors/buyers can tap in.?

 

Top on the list is the *LuceziaBySujimoto* . This is not your regular tower; it is customized to reflect the personal taste and lifestyle of the *Lucrezia* *de* *Medici* , the 16th century sophisticated royalty who embodied an exclusive and glamorous lifestyle. It is located in Africa’s richest neighborhood, Banana Island and the 15-floor tower is unarguably the most sophisticated residential building in Africa. Currently at the finishing stages, the *Lucrezia* , a product of delicate engineering, masterfully designed with premium and unrivalled amenities, is a building of so many FIRSTS in Africa! First building in Nigeria with a Glass Reinforced Concrete (GRC) facade, home to Africa’s 1st interactive lobby, first Virtual Golf Bar with over 2500 courses; first building with an International SPA for the residents; first building with Zaha Hadid sanitary wares and Kohler Kitchen, first building with an IMAX cinema for an immersive experience; first building with Electric Car Charging Stations and now the first building with a Crestron Automation where you can easily command, monitor and adjust your lights, shades, thermostats, door locks, entertainment and even your pool and spa from just one App.

 

The next is the *LeonardoBySujimoto* , a Waterfront high-rise development inspired by the exceptional works and genius of one of the world’s most iconic minds of the 16th century – *Leonardo* *Da* *Vinci* . The *Leonardo* will come with unrivalled features and top of the range facilities such as IMAX Cinema, Indoor Virtual Golf where you can play on over 2500 golf courses in the world, Crèche for children – first of its kind, Award Winning Zaha Hadid Bathroom, designer Kitchen by Kohler, Interactive Lobby, Full Home Automation, Indoor salon, Club House, Mini-Mart, Restaurant, Tennis Court, State of the Art Techno gym, Infinity Swimming Pool, Squash, Badminton and many more exclusive features, making it compete beyond the shores of Africa.

 

We also have the *Sujimoto* *twin* *tower* , a 44 storey building in Victoria Island, The *Jumeriah* , a 33 storey building in Central Business District, Abuja, *Mr* . *Meat* , *Suji* *Water* and many other projects.

 

 

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BUA Group Threatens To Sue GREENVILLE LNG Gas Company – For Breach Of Multimillion Dollar Contract

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Two years after it was slammed with a $9m claim for breaching contract by a US Court, Greenville LNG company is on the brink of another lawsuit in its supply dealings with Nigerian-based manufacturing giant, BUA Group.

 

Owned by Eddy Van Den Broeke , a Belgian cement magnate, *Greenville* is the pioneer Liquefied Natural Gas (LNG) production and distribution company in Nigeria with three liquefaction trains and a total capacity to produce 2250 MT of LNG per day.

 

The company, which was incorporated in 2013, prides itself for producing and marketing Liquefied Natural Gas to customers across Nigeria since April 2019.

 

It should be noted that the company is a Nigerian subsidiary of the International Engineering & Construction (IEC), a Luxembourg-based construction company.

 

However, in 2018, there were reports of how *Broeke* was struggling to get his LNG project off the ground in Nigeria and also facing a $9m claim from his subcontractor Baker Hughes.

 

How it started

 

In 2014, IEC through Greenville LNG entered into an agreement with Baker Hughes Energy Services LLC, formerly known as GE Oil & Gas (GEOG), for the purchase and installation of two small-scale liquified natural gas plants in Rumuji, Rivers State, Nigeria.

 

According to the documents obtained by POLITICS NIGERIA, GEOG agreed to supply IEC with two small-scale liquified natural gas production plants — the first by June 24, 2015, and the second by September 24, 2015— for use at the Rumuji Site.

 

In exchange, IEC agreed to pay GEOG $95 million. Both parties also agreed on a payment schedule, which would require IEC to pay various percentages of the $95 million at specific milestones.

 

It was stated that the agreement would be governed by and construed in accordance with the laws of the state of New York.

 

Unfortunately, GEOG failed to deliver the gas plants by their contractual delivery deadlines and this stalled installation, commissioning, and start-up of the Plants.

 

Arbitration

 

On July 31, 2018, IEC filed a Notice of Demand for and Commencement of Arbitration under the Contracts on behalf of itself and Greenville.

 

IEC initially sought approximately $75 million in damages but its demand increased to $700 million by the end of the arbitration.

 

The $700m claims included the liquidated damages for delayed delivery and damages associated with the delayed entry into operation of the gas plants.

 

But GEOG also filed counterclaims against IEC for breach of the contracts, asking for damages up to $40.1 million.

 

In 2020, the American Tribunal gave its verdict, ordering IEC and Greenville to pay GEOG over $9.5m for breaching contracts.

 

The Tribunal held that IEC had breached the Equipment Contract by failing to make two Milestone payments.

 

Dissatisfied with the judgement, On January 27, 2021, IEC filed a petition to vacate the Award in New York state court but the court rejected IEC’s arguments.

 

“In short, due to the strong deference owed to the decisions of arbitrators, the Court is compelled to reject IEC’s arguments and confirm the Award,” the court ruled.

 

*Poor Ethics/Underhand Business Practices*

 

It is believed that the posture of the company and record of breaching contract is owing to its owner’s secretive and shady business activities. Prior to setting up Greenville, Eddy Van Den Broeke ran ASCA bitumen from 1996 and grew the company into becoming a giant monopoly with over 90% of the Nigerian market by 2015.

 

Through this position, he was famed to hold everyone to ransom through alleged arbitrary price increases, artificial scarcity, amongst others. Eddy Broeke’s families were one of six of Belgium’s wealthiest families that featured on the Panama Papers, a cross-border investigation that revealed a list of thousands of people who channelled funds to tax havens.

 

“The family of *Eddy* *Van* *Den* *Broeke* , who turned the Eres company into an international player, is also mentioned. Eddy Van Den Broeke is identified as the sole beneficiary of at least five offshore companies in the BVI,” the ICIJ report read.

 

Eddy was named in the Panama Papers having had an extensive network of shell companies to hide his funds and avoid government oversight.

 

*Another multi-million dollar breach of contract suit looming*

 

Our investigations also revealed that recently, BUA, which is one of Greenville’s largest clients, is set to sue Greenville for 50 billion Naira for a possible breach in contract and reneging on its obligation to supply gas to its businesses in the far north.

 

According to sources, this dispute is as a result of Greenville LNG reneging on their contract with BUA to supply gas and also increasing prices arbitrarily despite the contractually agreed oil-indexed pricing for any changes in price.

 

Industry watchers1 have claimed that Greenville is trying to take advantage of its near monopoly in the domestic trucked LNG market hence their habit of entering into contracts and reneging on it after starting.

 

With Eddy and his companies’ history of reneging on contracts entered into with the Federal Government, partners, suppliers, communities and clients, it is unlikely that Greenville LNG or its billionaire owner *Eddy* and Managing Director , *Ritu* *Sahajwalla* would stop such behaviour anytime soon.

 

Experts familiar with BUA’s history of ensuring its rights are enforced, believe BUA will pursue this issue to a logical conclusion at the courts and till their rights are enforced.

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Yemisi Imasi, CEO of Yellowpoint Group Declared Wanted by Nigeria Police For Fraud

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The Nigeria Police Force has declared Victoria Yemisi Imasi, CEO of Yellowpoint Group wanted.

 

The warrant of arrest was issued by the Magistrate/High Court of Lagos, according to the special police Gazette .

 

The publication shows that the 46-year-old is wanted for fraud, obtaining money under false pretense, and stealing in Lagos by the assistant inspector general of the police Criminal Investigation Department, (FCID) Alagbon, Ikoyi – Lagos.

 

*Sketchy* *operations* : The development followed a petition by Chive GPS, a dispute resolution company that provides debt recovery solutions on issues bothering on obtaining money by false pretense and fraud against Imasi.

 

The debt recovery company had laid a criminal complaint, dated 16th July 2021, of a well-orchestrated theft by Imasi following an advert by her company, Yellow Point Media Enterprise, and Yellow Point FT International Ltd on social media channels.

 

One of the affected victims suffered a N47.73 million loss after transferring the money to different accounts operated by Imasi’s company with the intention of investing genuinely in the various investment packages in exchange for a fixed return.

 

Amount owed to subscribers: While the exact amount owed to all subscribers is unknown yet, reports indicate that the amount owed may sum up to billions of Naira.

 

On a platform, victims claim that over N10 billion was deceitfully and fraudulently collected from over 6000 Nigerians with the intention of trading forex.

 

The petition signed by 689 users as of press time accuses Yemisi of diverting the money to fund her lavish lifestyle and buying properties.

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