
Tingo Group boss,Dozy Mmobuosi Fights Elder brother,Kayinnebi Dirty over 1.6 billion Dollar Farm Project -Details of His Many Travails
More Videos
Published
3 months agoon
A cold war between Nigeria’s newest billionaire, Dozy Mmobuosi and his elder brother-turned business partner,Kayinnebi, over the running of the new multibillion naira Tingo Farms in his homestead of Onicha-Ugbo,Delta state may have scuttled its smooth take off.
A reliable source says the fight between the two brothers has gotten so bad they are no longer on speaking terms.
The fallout ,we gathered came as a result of the younger Mmobuosi’s untimely sacking of Kayinnebi from co-running the affairs of the Mobile and Fintech company.
If no one knew problems existed between the duo,the development became public knowledge shortly after the ground -breaking ceremony of Tingo Farms in Onicha -Ugbo when the billionaire Dozy asked his brother to step aside as the Project Director at the eleventh hour and in-turn replaced him with one Tunji, a structural engineer who was interviewed and employed by Kayinnebi.
The development was said to have irked most of the workers who feel it was a big stab in the back from the junior Mmobuosi to his one and only brother who helped him developed his Tingo Farms project from conception to take-off.
The 1.6 billion dollars food processing plant sits atop 150 acres of land and is expected to produce Fast Moving Consumer Goods(FMCG) like Tomato, biscuits, bottle water, chocolates and diary products.It also has a rice farm.
As the story goes,all went well between the two brothers until the ground breaking ceremony which had former Agriculture Minister, Mohammad Abubakar and All Farmers Association of Nigeria, AFAN President,Farouk Rabiu in attendance.
Those who know a thing or two about the real issue say external influence may have contributed to their no love lost,with accusing fingers allegedly being directed at one of Dozy’s close associates,Martin Ebuwa,brought in by the billionaire to oversee the running of the project.He is now said to be the go-to-man on everything relating to the project.
The development has now pitched Kayinnebi,a chartered architect,who reportedly did the architectural drawing of the project,not only with his brother but some of the people he employed for doing a *Judas* on him.
Following the development,efforts by their father, concerned friends and associates of the Mmobuosis’ for the timely resolution of the feud has yielded no results.We also gathered that the issue has gotten so bad that the traditional ruler of the town had to wade in but failed in his efforts to convince the once upon a time close brothers to sheathe their sword.
Economic analysts say the news of the brothers feud over a yet- to- take off business such as the Tingo Farm is not a good one for the Industry as probable investors are watching.
*HIS* *MANY* *CONTROVERSIES*
Only recently,the billionaire businessman reportedly had a spat with the Malawian authorities over the issuance of a diplomatic passport.He was accused of allegedly obtaining their diplomatic passport in a record 2 hours after applying for it.
According to a report issued by the Platform for Investigative Journalism (PIJ-Malawi) although no relevant laws may have been broken,it however did frown at the speedy approval for a foreigner, noting it was a sharp contrast to the lengthy queues Malawians experience to obtain a passport.The report says Mmobuosi filled and applied for his passport under 11338407694 at the 5pm closing hour of Immigration but was promptly issued a record 2 hours later by 7pm.
The first class treatment was allegedly on the orders of the Malawian President,Lazarus Chakwera.
Reports in local media revealed that Mmobuosi had pledged to invest about half a million dollars in a housing project in Phalombe,Malawi after he was approached by his friend,the former Malawian President,Bakili Muluzi.
Another controversy surrounding Mmobuosi and his company,Tingo Foods is that revealed by United States based research *firm,Hindenburg,* that the company fabricated its financials.
Hindenburg said its checks with the Nigeria Communication Commission, NCC revealed that it has no record of Tingo, being a mobile licensee despite claims by it of having over 12million subscribers.
You may like
Business
Trade minister, Uzoka-Anite launches NATEP, targets 50 Million jobs for youths
Published
1 day agoon
September 24, 2023
The minister of Industry, Trade and Investment, Dr Doris Uzoka-Anite has launched the National Talent Export Programme (NATEP) in a bid to position Nigeria as a talent export hub designed to create not less than one million jobs in the next five years.
The Minister performed the launching on behalf of President Bola Ahmed Tinubu at the sidelines of the 78th Session of the United Nations General Assembly (UNGA), in New York, United States of America.
In her opening remarks at the launch of the initiative at the Microsoft office in NewYork, the minister highlighted the need to ensure Nigeria takes the lead in exporting global talents that are doing well across the world which will also drive a huge investment in training and also attracting more investment in talent exportation.
According to her, the initiative is in line with President Bola Tinubu’s Renewed Hope agenda to diversify the Nigerian economy, create sustainability opportunities and generate about 50 million jobs for the youths over time.
“NATEP is an initiative that will serve as a special purpose vehicle (SPV) to position Nigeria as a leading global hub for service export, talent sourcing and talent export.
“As part of our strategy towards achieving this, President Bola Tinubu whose agenda is job creation, we have initiated a National Talent Export Programme (NATEP) for Nigeria, which targets the creation of one million jobs across Nigeria with a target of five years in line with the theme of this year’s UNGA, which is rebuilding trust and igniting global solidarity, accelerating action on the 2030 agenda and the sustainable development goals towards peace, prosperity, progress and sustainability for all”, the minister said.
Uzoka-Anite further informed the large gathering comprising of world leaders and other giant tech companies across the globe like; Amazon, World Economic Forum, Microsoft group, Flour Mills Nigeria, Meta, Google and a host of others, that the global talent sourcing industry is valued at $620 billion as at 2020 and industry pundit have forecasted it will be valued at about $904 billion by 2027.
“Nigeria can supply top talents for the global service export and outsourcing business. With over 1.7 million graduates from higher education institutions entering the workforce annually, this will reduce the burden of unemployment and over-dependence on the government for jobs”, she explained.
The Minister further noted that NATEP was specially created to arrest the bottleneck facing the talent and service sector export industry, which will enhance competitiveness, and innovation, and drive sustainable development growth, empowerment and training through trade and value chain exchange.
She added: “Nigeria is ready to become a global hub for talent export, as the government is ready to take full advantage of the African Continental Free Trade Agreement (ACfTA) to penetrate the huge continental market and target job opportunities.
“As a country, we have a significant value proposition for regional and global markets for the export of services. We will actively target Greenfield and brownfield job opportunities in the United Kingdom, Europe, China, Canada, the United States of America and a host of other countries”.
The Minister For Communications, Innovation and Digital Economy, Dr. Bosun Tijani, while addressing participants at the launch disclosed that launching NATEP was timely, adding that to drive the mandate for Nigeria to be positioned as one of the global talent export hubs in Africa and the world will see Nigeria benefit more in terms of generating huge revenue, digitalization of the economy, more robust data protection opportunities and also avert the massive brain drain within the youth demography.
According to him, Nigerians in the diaspora are doing great things in the tech world, adding that it’s time for Nigeria to benefit by making more money and develop other youths to maximize their potentials.
“With a youthful population and over 1.7 million graduates from higher educational institutions joining the workforce each year, Nigeria has the potential to provide high-quality talent for the Global Service export and outsourcing industry. We must first identify them, train them and make the world see the stuff they are made of. We will not only create jobs but also empower them with the basic skills of survival and pass them on to the next generation” Dr Tijani said.
Business
The Disappointing State of Customer Relations Among Instagram Merchants
Published
4 days agoon
September 21, 2023
By Otunba Deoye Otukoya
Introduction:
In today’s digital age Instagram has become an indispensable platform for businesses to connect with customers and promote their products or services. With the increasing popularity of Instagram stores it is essential for merchants to prioritize good customer relations. However a prevalent issue that deserves attention is the lack of professionalism and poor communication exhibited by some Instagram merchants. Many customers have reported incidents where the merchants provide their phone numbers on their timelines but fail to respond adequately or display unpleasant attitudes when contacted. This article aims to shed light on this concerning trend and the implications it has on customers and businesses alike.
1. Accessibility Matters:
One of the fundamental aspects of ensuring good customer relations is the accessibility of the merchant. By voluntarily providing their phone numbers merchants convey the impression of being available and open to customer inquiries. However the reality often falls short of this expectation. Too frequently customers are left frustrated and inconvenienced when their attempts to contact merchants go unanswered for days or are met with dismissive responses. This lack of availability undermines trust and damages the overall customer experience.
2. Unprofessional Attitudes:
Another significant concern is the unprofessional conduct and negative attitudes displayed by certain Instagram merchants when interacting with customers. The success of any business hinges on creating a positive relationship with consumers. However some merchants who put their phone numbers out for public use have been observed to have a lackadaisical approach towards customer engagements. Instances of rude behavior impatience and unhelpfulness have been reported leaving customers feeling disrespected and discouraged from engaging with that particular merchant or even shopping on Instagram altogether.
3. The Ripple Effect:
The ramifications of poor customer relations go beyond individual experiences. When customers have negative encounters with Instagram merchants they are likely to share their frustrations with friends family and online communities. Word-of-mouth plays a crucial role in shaping a merchant’s reputation and negative reviews can quickly spread damaging the business’s credibility. Consequently merchants who fail to prioritize customer relations may find themselves losing potential customers and hindering their long-term growth prospects.
4. A Call for Improvement:
To address this issue it is imperative for Instagram merchants to recognize the significance of good customer relations and take proactive steps to improve their interactions with customers. Some crucial measures include:
a. Prompt Responses: Merchants should aim to respond to customer inquiries in a timely manner ideally within 24 hours. This showcases attentiveness and professionalism fostering positive customer relationships.
b. Polite and Respectful Communication: Merchants need to maintain a respectful tone even when faced with challenging or repetitive customer inquiries. Good customer relations require patience and understanding.
c. Training and Empathy: Merchants should invest time in training their customer support staff emphasizing the importance of empathy and effective problem-solving. Understanding the customer’s perspective can go a long way in providing satisfactory resolutions.
d. Feedback and Improvements: Merchants should actively seek feedback from customers to identify areas for improvement. This feedback loop can assist in refining their customer relations strategies and forging stronger connections with their target audience.
Conclusion:
The alarming lack of good customer relations displayed by some Instagram merchants is a disheartening trend that affects both customers and businesses. By prioritizing accessibility professionalism and respect in their interactions merchants can foster an environment of trust and loyalty. Overlooking the importance of good customer relations may lead to a decline in sales and reputation. Ultimately developing strong customer relations on Instagram will not only boost customer satisfaction but also drive growth and success for merchants in the long run.
Trending News
-
News2 years ago
PLEASE HELP SAVE LITTLE AISHA’S LIFE
-
News3 years ago
GTBank Out With 2020 Full Year Audited Results…Reports PBT of ₦238.1 Billion
-
Business2 years ago
Fitch Affirms Ecobank Nigeria’s Stable Outlook
-
Entertainment1 year ago
Meet Upcoming US based Naija Female Entrepreneur, ABIGAIL JOSEPH. Talks About Her Fashion and Lifestyle
-
Business1 year ago
GTCO Plc Releases 2022 Half Year Audited Results. Reports Profit Before Tax of ₦103.2billion
-
Business8 months ago
KOGI SEN (ECHOCHO) IN PUBLIC FIGHT -DISGRACED IN ANKPA LG
-
Home2 years ago
Pyramids’ Road Trip Video to Aba Stadium, a Wake up Call, Says Egbe
-
News1 year ago
Alhaji Ibrahim Gusau remains the best choice to lead NFF Pinnick’s arrogance made him fail – Primate Ayodele