Archive for February 4th, 2015

Obesere Honoured by A Youth Group. @Ricard

Fuji music star, Abass Akande Obesere, has been honoured with an award of excellence by the South-West Youth Alliance

The Honour was bestowed on the music star recently at a brief event held at metro park, Ikeja, Lagos and it was witnessed by members of the Goodluck Lagos Grassroot Project.

Animawun Adeyinka, president of the youth forum, said Obesere is a man who believes in supporting the youths with the right vision to foster change and development in Nigeria. He added that the musician has been supporting the growth of the group and other youth fora for advocacy and capacity building.

Obesere thanked the forum for the surprise honour. He urged Nigerian youths to be engaged in activities that would further make their live better and shun any form of violence.

 

Why I Want Goodie Ibru Death. @Richard

 ibru 4It is no longer news that there is war in the home of of the prominent Ibru family. For some time now, Maiden Ibru, the widow of late Olorogun Michael Ibru, has been at war with Mr. Goodie Ibru over the running of the Ikeja Hotel Plc. Recently, Maiden Ibru released a statement on why she was at war with Mr. Goodie Ibru. Hear her: ” Sometime in June 2011, my then ailing husband discovered several acts of mismanagement of the company and financial misconduct of an embarrassingly large magnitude by Mr. Goodie Ibru, whereupon he, then also a director of Ikeja Hotel Plc,promptly requested that Mr. Goodie Ibru resigns as chairman. At the time, Goodie Ibru had been the chairman for 27 years, even though my huband’s investment companies owned shares in Ikeja Hotels Plc, amounting to four times the value of shares that Goodie Ibru owned in the company. I also know that Oba Otudeko CFR and Bank of Industry hold, and have at all times held, individually more shares in the company than Mr Goodie Ibru. Mr. Goodie Ibru refused to resign and instead declared war on my then severely ailing husband to the extent that he refused our first son Toke, to act as my husband’s alternate in the Board of a sister company, Capital Hotels Plc. (Sheraton Abuja annex I) and promptly walked him out of the said Board meeting to the embarrassment of all who attended, while simulteneously sacking his brother in-law ( who was also representing my husband’s interes from the board. My husband was also pained by these and other acts of Mr. Goodie Ibru, brutally directed against his interest in these companies, especially at a time when he was terminally ill, that not wanting any further relationship with Mr Goodie Ibru, he promptly called in his loans to Mr Goodie Ibru (as a person) and the companies which he was chairman, removed him as the executor of his estate and bared him and some of his other siblings who he had also discovered were actively in cahoots with Goodie Ibru, from having anything to do with his funeral. He also instructed that we commece the process of seeking redress for Goodie’s wrong to him, the companies and the wider interest of other shareholders, whereupon we did write EFCC to investigate the management of Ikeja Hotels Plc. and identify the problems and the offenders, as we are not willing to be answerable for any of the financial or other misconductsnof Mr. Goodie Ibru against the interest of the investing public, under a mistaken public perception that his acts as members of the Ibru family. It is certainly not in the interest of the wider Ibru family to be seen as a family that appropriates what belong to others. Since being aware of our discoveries, Goodie Ibru has simply made all efforts to conceal them from the public, under the guise of the matter being a family matter, and has to the bewilderment of the EFCC, attempted to frustrate since 2013 their invetigation by saying that the family will settle the matter. The resolutions which were passed in the EGM of January 6th, 2015 were mainly those authorizing the appointment of auditors to conduct a forensic audit on management of the company and procurement of the company’s share. Why should these basic resolutions trouble Mr. Goodie Ibru so much, to the desperate extent that: He had tried to frustrate the holding of the EGM on the excuse that his sisters had merely filed a petition seeking to stop the EGM- an approach rejected by members of the board of directors who held majority shares, but in spite of which he yet wrote to us seeking to abort the EGM, yet instructed the secretary of the company ( and registrars of the company) not to attend the EGM. He had pretended, and continues to pretend, as if he is unaware that we had obtained and served on the company, an order of the Federal High Court on the 6th of December 2014 (before his sisters own purported injunction was obtained), declaring that that EGM was validly requisitioned and ordering the secretary and registrars of the company to attend the meeting. He had caused his sisters to file two suits in Lagos seeking an injunction, only to, during the pendency of these applications, sneak to an Abuja Federal High Court (even though his sisters and 7 out of 9 respondents live and operate from Lagos) to obtain exparte injunction restraining the EGM, which order has not been served on me and any of the companies which requisitioned the EGM up till now. I challenge him to tell us what was really wrong with the Federal High Court, Lagos.

 

(Video ) Malaika – Stop The Violence Ft. Oritse Femi, Cashson, Tetsola @tj_shetade

malaika 5

This song is to motivate the youths of Nigeria to stop killings in the country, and stop to be used by politicians as thugs during up coming election.He teamed up with Nigerian Rapper, Olamide, Little Kesh, Reminisce and Jahbless in the video.

While Oritsefemi, Cashson and Dude Tetsola featured in the song.

Watch new video: Malaika – Stop The Violence Ft. Oritse Femi, Cashson, TetsolaYouTube ————-

—-Watch Here – http://m.youtube.com/watch…

(Gist ) World Wealthy Royal Family @tj_Shetade

Sultan Hassanal Bolkiah:

Coupled as the Sultan and Prime minister of Brunei, Sultan Hassanal Bolkiah is in total control of the country’s wealth. Of course, even a Sultan has to have hobbies, right? When you have billions to your name, exactly $20bn, your hobby is collecting cars, but not just any car-some of the most expensive luxury cars on the planet. Some brands including Lamborghini, Bentley, Ferari, Bugatti, and Rolls Royce, make new cars exclusively for the Sultan that are not sold or advertised to the public. And he has plenty of them. Its estimated that he has anywhere from 3,000-6,000 cars including over 600 Rolls Royces alone. He also owns the very last Rolls Royce Phantom VI, 1992 state landaulet.

The Sultan has been among the wealthiest individuals in the world, even with the different estimate of personal wealth (it;s not always evident what can be calculated as personal and what is public wealth belonging to the state i.t. Crown, since Brunei is a monarchy). The closest anyone has ever been however is forbes estimate of the Sultan’s total peak net worth at $20bn in 2008. The Istana Nurul Iman palace, is Sultan’s official residence and it provides visitors a spectacular sight. It is the bigger than the Vatican Palace. $1.5bn was spent in erecting the palace. It has 1.788 rooms, 257 bathrooms and the total floor area of 2.152.782 sq.feet. The Sultan’s involvement in sports includes playing polo, golf, and badmimton. He also enjoys race car driving, piloting helicopters, and aircraft. On international trips, he pilots his own Boeing 747-400. He is also very fond of gold and has a Rolls Royce coated with 24k gold. He often enjoys fine cigars, and has a notable favourite, the Gurkha Centurian, that was commissioned specifically for him.

King Abdullah bin Abdul Aziz:

Not only was King Abdullah bin Abdul Aziz king of one of the richest countries in the world, he also controls largest crude oil deposits.

He led Saudi Arabia through the global recession, and even Arab spring did little to affect his fortune or power.

While there have been struggles with unemployment, the king pushed $130bn in unemployment packages and housing programmes. He ascended to the throne on August 1,2005 upon the death of his half brother, King Fahd. Abdullah, like Fahd, was one of the many sons of Ibn Saud, the founder of the modern Saudi Arabia.

Abdulla held important political post through out most of his adult life. After king Fahd suffered serious stroke in 1995, Abdullah became the de facto ruler of Saudi Arabia until asceding the throne a decade later.

In 2011, forbes estimated his and his immediate family documentable wealth at $21bn, ranking him as one of the richest royals in the world. The king had a personal estimated at $18bn.

Abdullah was an expert equestrian in his youth. His stables were considered the largest in the kingdom, with over one 1,000 horses spread throughout 5 divisions led by his son, Prince Mutaib bin Abdullah. The King owned Janadria Farm, the large complex located in the suburbs of Riyadh. For holidays the King maintained a large palace complex with several residential compounds in Casablanca, Moroco. It is equipped with two helicopters and is surrended by large mansions on 133 acres of vegetation.

Prince Albert von Thurn und Taxis of Germany:

The 12th Prince in his family line, Albert von Thurn und Taxis is the only one of the European royals to be ranked among the world’s billionaires, mostly due to the fact the the fortune belongs to him alone and that he is not a reigning monarch (so his money has nothing to do with his position of power). He inherited his fortune in June 2001 on his 18th birthday from his late father. His assets includes real estate, art, a tech company and 30,000 hectares of woodland in Germany, one of the largest forest holdings in Europe. The bachelor, who lives in the family castle, Schlos Emmeram, with his mother and sister, is also a race car driver who tours with a German auto-racing league. He is worth $2bn.

Sultan Qaboos bin Said al Said of Oman:

Sultan Qaboos bin Said al Said reigns Oman as an absolute monarch. Since overthrowing his own father in a coup, this royal has broadened international relations, established high schools, build highways, and spends a significant portion of oil revenue on health care and education for his country. The Sultan has an estimated net worth of $700m. He has led successful diversification of Oman’s economy with grand objective of reducing the oil sectors hefty 40 per cent contribution to GDP to 9 per cent by 2020.

Prince Albert Grimaldi 11 of Monaco:

Despite being the ruler of one of the world’s smallest independent countries, Prince Albert 11 of Monaco is one of the world;s richest royals with a personal fortune in the region of $1bn. Along with the vast Palais Princier in the center of Monaco, Albert is thought to own as much as fourth of the land in his own country, as well as several French estates. The 56-year-old also owns an impressive collection of antique cars, a valuable stamp collection and shares in a Monte Carlo resort. While his real estate does not include the Princ’s Palace, it does include holdings in tghe Societe des bains de mer de Monaco, which operates Monaco;s casino and other entertaiment properties in the principality.

Queen Elizabeth 11 of Great Britain:

UK’s Queen Elizabth 11 who is 85-year-old has an estimated personal net worth of $500m that comes from property holdings including Balmoral Castle in Scottish highlands, stud farms, a fruit farm and marine land throughout the Uk; extensive art and fine jewellry; and one of the world’s largest stamp collections built by her grandfather. Not inclded are those assets belonging to the Crown Estate, which she gets to enjoy as Queen, such as $10bn worth of real estate, Buckingham Palace (estimated to be worth another $5bn), the Royal art collection , and marked swans on the stretches of the Thames. The Queen also receives an annual government stipend of $12.9m. The British Crown Estate with holdings of $8.3bn in 2011 is held in trust for the nation and cannot be sold or owned by Elizabeth in private capacity.

Sheikh Kahlifa Bin Zayed Al-Nahyan:

As hereditary ruler of Abu Dhabi and President of the United Ara Emirate, Sheikh Khalifa Bin Zayed Al-Nahyan is one of the world’s richest rulers with a net worth of $15bn. While he does control 97.8 billion barrels of oil reserves, not all of his wealth stems fron natural resources. He also runs a sovereign wealth fun with assets of about $627bn. What does Al-Nahyan do with his wealth? Well, for one, he owns a 30-acre estate in the Seychelles where he also sent over $130m in aid for social service, military aid and more. He is also a prominent philanthropist and has spent over $460m in humanitarian projects from his personal fortune including founding the Khalifa Award for Education among others. He succeeded to the position of the Emir of Abu Dhabi in November 2004 after the death of his father, Zayed bin Sultan Al-Nahyan, thereby becoming the President of the federation next day. Although as Crown Prince, he had effectively been acting President earlier since the late 1990s as his father was in ill health. Kahlifa is also chairman of Abu Dhabi Investment Authority, which manages over $6oobn ikn assets, While the Al-Nahyan family is believed to have a fortune of $150bn collectively as a family. Sheikh Khalifa is known for his interest in sports that is traditional to UAE, chiefly horse and camel racing. He is generally regarded as a pro-western moderniser. Early in his term, in April 2005, he authorised a 100 per cent salary increase for employees of the state. On January a, @010, the world’s tallest man-made structure, originally known as Burj Dbai, was renamed to Burj Khalif, in honour of the Sheikh.

Mohammed bin Rashid Al Maktoum:

The current Vice President and Prime Minister of the United Arab Emirate, UAE, and constitutional monarch of Dubai, Sheikh Mohammed bin Rashi Ai Maktoun since his ascenssion in 2006, has undertaken major reforms in the UAE Federal government, starting with the UAE Federal government strategy in April 2007. In 2010 he launched UAE Vision 2021 with the aim of making UAE one of the best countries in the world by 2021.

He is responsible for growth of Dubai into a global city, as well as the launch of a number of major entertprises, Many of which are held by Dubai Holding, the holding company with mult-diversified businesses and investments. Dubai Holding develops and manages hospitality, business parks, real estate and telecommunications through four oper4eating units: Jumeirah Group, TECOM Investments, Dubai Properties Group and Emirates International Telecommunications. The company;s investment group operating units includes Dubai Group and Dubai International Capital. He also holds a controlling interest in property developer and investment company Meraas Holding which is currently developing a number of retail, lifestyle and themed developments in Dubai, including Legoland and a Bollywood movie theme park.

Sheikh Mohammed was responsible for the launch of Emirates Airline, as well as heading both the development of Dubai World Central-Al Maktoum International Airport, the world’s first purpose-built aerotropolis. He was also behind the establishment of government-owned low cost cost carrier FlyDubai. On January 4, 2010, he launched the Burj Khalifa, the world’s tallest building, with a display of some 10,000 fireworks. It is also home to the world’s largest shopping mall, the dubai mall. He currently owns 99.67 per cent of the company. His family wealth is estimated to be in excess of $4bn.

Prince Karim Al Husseini, Aga Khan:

Spiritual leader of the world’s Ismaili Muslims, Prince Karim Al Husseini, chairs the Aga Khan Development Network which promotes investment in Asia and Africa. The passionate horse breeder owns an estimated 800 thoroughbreds at stud farms in Ireland and France; holds stake in Goffs, one of Britain’s largest horse auction house Arqana. He is worth about $800m.

Sheikh Sabah Al-Ahmad Al-jaber of Kuwait:

Sheikh Sabah Al-Amad Al-Jaber does not share in his country’s vast oil wealth, like royaltyb of the gulf states. Instead he he receives an annual stipend. His fortune continuos to be hit by kuwait’s economic stalemate. The oil revenue-dependent emirate has done little to diversify its economy and political bickring is hindering reform. He is worth $350m.

King Carl XVI Gustaf, Sweden:

Led by 69-year-old King Carl XVI Gustaf, Swedens royal family is the wealthiest-and most glamorous-in Scandinavia, as well as fifth richest in Europe. With a personal fortune of $37.5m, the Bernadottes also have the use of the magnificent 600-room Royal Palace in Stockholm, although Carl Gustaf and his wife Queen Silvia live in the marginally smaller drottninghom Palace instead. In total, the Swedish royal family, which also includes Crown Princess Vitoria, 37, her husband (and former personal trainer) Daniel Westling and their two-year-old daughter Estelle, have the use of 11 palace dotted around Sweden.

Prince Alwaleed bin Talal Alsaud, Saudi Arabia:

Alwaleed bin Talal has been compared to Warren Buffett for his wise investment strategies which have led to his amassing an astounding, almost incomprehensible level of wealth. Considered one of the biggest investors in the world, Alwaleed bin Talal is King Abdullah’s nephew. Although he has little actual political power, he’s still a billionaire and a Prince, and he very publicly and extravagantly lives the life of luxury with palaces and even an Airbus A380 decked out with a concert hall and 20 suites. He is worth $21.4bn.

Prince Azim of Brunei:

Known as the Playboy Prince, Prince Haji Abdul Azim is the third in line for the Brunei throne. He is well-known for throwing massive, celebrity-filled parties. But in addition to his notorious partying and celebrity-like presence in the media, Prince Azim is also a philanthropist, supporting events like Sounds of Hope and charities like make a Wish. He is worth $5bn.

King Bhumibol Adulyadej of Thailand:

Not only is the king of Thailand , Bhumibol Adulyadej one of the richest royals in the world, he’s also the longest reigning monarch in his country’s history. Ruling over Thailand for 68 years, he’s the longest serving current head of state currently worth $30bn. Much of his fortune comes from his business interests in real estate and investments in companies like Siam Cement and Siam Commercial Bank. And how does a royal with $30bn spend such money? Well, most ofb that is unknown and kept private, but it’s estimated that the Thai palace spends about $500m a year, which is ten times what Britain’s royal family spends.

In August 2008, forbes published its 2008 version of The World’s Richest Royals and King Bhumibol was listed first, with an an estimated wealth of $35bn. A few days later, the Ministry of Foreign Affairs of Thailand issued a statement that the forbes report incorrectly conflated the wealth of the Crown Property Bureau (CPB) and that of Bhumibol. The 2009 estimated was a reduced figure of $30bn due to decline in real estate and stocks, and this figure was also published in April 2014 by Business Spectator. Through the CPB, the king owns land and equity in many companies and massive amounts of land, including 3,320 acres in central Bangkok, as well as 13,200 acres of rural land. The CPB owns 32 per cent of Siam Cement (worth 12.6bn), 23 per cent of Siam Commercial Bank (Thailands largest bank), and interest in Christiani & Nielsen, Deves Insurance and Shin Corporation. The CPB also rents or leases about 36,000 properties to third parties, including the sites of the Four Seasons Hotel Bangkok, the Suan Lum Night Bazaar, Siam Paragon and the Central World Tower. King Bhumibol is the owner of the Golden Jubilee Diamond, the largest faceted diamond in the world, which was estimated to be worth between $4m and $12m in April 2014.

Prince Hans-Adam of Lichtenstein:

With an estimated $3.5bn fortune according to forbes magazine, the ruling dynasty of tiny Lichtenstein is by far and away Europe’s wealthies. Led by patriarch Prince Hans-Adam II, nearly all of the family’s wealth comes from banking, although the royal clan also has significant land holdings and a vast art collection. Hans-Adam has led the wealthy country since 1989 when his father , Franz Joseph II abdicated. He is not funded by the Liechtenstein taxpayers money, a situation that lead him to joke at some point that he has to work hard in the morning to be able to afford to reign in the afternoon. The 69-year-old was just 27 when he was entrusted by his father to run the family’s vast fortune, long before the affairs of the country was abdicated to him. Nevertheless, most of the money comes from the LGT Group, the largest family-owned private banking and asset management company in the world, which currently has an estimated $40bn of investments worldwide and is headquartered in Lichtenstein’s capital, Vadus. The company has approximately 1,950 employee in over 20 offices around the globe, Asia, Europe, the Middle East, North America, and South America.

Much of the day-today running of the fund is handled by Hans-Adam’s younger brother Prince Philipp and second son Maxmillian, which frees him up to concentrate on Lichtenstein itself.

Hans-Adam is married to Countess Marie Kinsky von Wchinitz und Tettau with whom he has five children-some of whom are now employed in the famili business.

King Mohammed VI of Morocco:

King Mohammed VI is the current king of Morocco, taking the throne in 1999 after the death of his father, King Hassan II. He also happens to be Morocco’s leading businessman, banker, agricultural producer and land owner. His family has one of the largest fortunes in the world, and it’s said that daily operating budget for his 12 palaces is around $960,000. Yes, you read that right: It’s almost $1m a day to maintain his houses including personel, clothes and car repaires.

In 2009, he was estimated by forbes magazines to be worth $2.5bn, and the Moroccan Royal family has one of the largest fortunes in the world. Along with his family, they hold the majority stakes in the Societe National d’Investment (SNI), which was originally state-owned but was merged in 2013 with Omnium Nord Africa (ONA Group), to form a single company. SNI has a diverse portfolio consisting of many important businesses in Morocco and operating in various sectors. SNI also owns many food-processing companies and is currently in the process of disengaging from this sector.

Mohammed VI is also a leading agricultural producer and land owner in Morocco, where agriculture is exempted from taxes. His holding company ‘siger’ has share in the large agricultural group ‘Les domaines agricoles’, which was founded by his father Hassan II.

In 2008 Telguel estimated that Les domaines had a revenue of $157m, with 170,000 tones of citrus exported in that year. According to the same magazine, the company officially owns 12,000 hectares of agricultural lands.

Sheikh Hamad bin Khalifa Al Thani:

Sheikh Hamad bin Khalifa Al Thani became ruler after deposing his father in a bloodless coupin 1995. Today he leads one of the performing global economies, based on rising oil and gas prices; GDP rose 9.5 per cent last year and is set for double -digit growth this year. The emir’s Qater Holding purchased Britain’s Harod department store more than $2bn. In his spare time, he cruise on his 436-foot super-yatch Al Mirqab, one of world’s largest. He is worth about $2.4bn. A well-known and respected philanthropist, the Emir made a $100m donation for the relief of New Orleans

following the 2005 Hurricane Katrina. In 2005, under yhe direction of Sheikh Hamad, the Qatar Investment Authority was established, a sovereign wealth fund to manage the country’s oiland natural gas surpluses. The Qatar Investment Authority and its subsidiaries have acquired many businesses abroad, including Paris based department store Printemps. French Club Paris Saint Germain, a 75 bper cent stake in the film studio, Mirmax, a 2 per cent stake in media conglomerate and Universal Music Group parent company, Vivendi. He also controls a $100m investment in Chernin Group, a 1 per cent stake in luxury goods manufacturer Louis Vuitton Moet Hennessy, a 6 per cent stake in Credit Suisse, a 12.6 per cent stake in Barclays and several other major companies. They also own several hotels in Cannes including the Majestic Hotel, Grand Hyatt Cannes Hotel Martinez and Carlton Hotel. Sheikh Hama is famous for helping to establish the first Arab international News network, Al Jazeera, when he provided a loan of $137m to sustain the news station through its first five years.

AFRICA’S WEALTHIES ROYALS:

Oba Obateru Akinrutan, Ugbo Land, Nigeria:

Estimated net worth: #300,000

Oba Obateru Akinrutan is the Olugbo (traditional king) of Ugboland, a small oil-rich community in Ondo State, in Nigeria’s south-west region. Oba Akinrutan who ascended the throne in 2009, is also the founder of Obat Oil, one of Nigeria’s privately-held oil trading companies. He founded the company in 1981 with a single gas station to meet the needs of his family and neighbouring community. OBAT OIL now owns more than 50 gas stations acrose Nigeria as well as one of the largest tank farms in Africa- a modern storage facility that has the capacity to store 65 million litres of petroleum products. He also owns an extensive portfolio of prime commercial and residential real estate in London and Nigeria, including the landmark Fedson Hotels and Mall in the Central Business District of Abuja.

Oba Okunade Sijuwade, ILe-Ife, Nigeria::;;;;;;;;;

Estimated net worth: At least $75m

Alayeluwa Oba Okunade Sijuwade, Olubuse II, is the traditional king (Ooni) of Ile-Ife, an ascient city located in Osun State in Nigeria’s south western region. Ile-Ife is generally believed to be the traditional home of the Yoruba civilisation. Oba Sijuwade, 84, who ascended the throne in 1980, is also a prosperous businessman. The Ooni first cut his teeth in business by working in his father’s trading business as a teenager before going to the United Kingdom to study for a degree in business. Upon his return, he worked as a manager for the Leventis Group and as a sales executive for National Motor. He struck out on his own in 1964, when he started WAATECO, an automotive distribution business that imported vehicles and vehicle parts from the Sovie Union to sell in Nigeria. He went on to build the Motel Royal hotel and several residential and commercial properties. He is the founder of the Sijuwade Group, a Nigerian conglomerate with interests in oil & gas, construction, property development and hospitality, which he incrporated in 1975. The group owns stakes in two onshore oil blocks in partnership with London-listed energy giant Centrica PLC as well as a construction outfit that handles large-ticket road construction projects in Nigeria and was awarded a concesion by the Federal Government to construct and manage tollgate along the Ibadan-Ife dual carriageway- one of the major vehicular routes in Nigeria. The King also owns several residential properties in Nigeria and the UK.

Otumfuo Osei Tutu II, Ashanti, Ghana:

Estimated net worth: $10m

Otumfuo Osei Tutu II is the king of Ghana’s gold-rich Ashanti kingdom, home to the country’s largest ethnic group, the Asantes. He ascended the throne in 1999 and served as the political and spiritual head of the Asante people. After stuying in United Kingdom, Osei Tutu II worked briefly in private and public organisations in United Kingdom and Canada before returning to Ghana in 1989 to set up Transpomech Ghana, a $12m (sales) company that provides mining equipment to several large industrial companies in Ghana. The king also owns extensive real estate in Ghana and South Africa as well as a collection of valuable gold crown jewels.

King Mswati III, Swaziland:

Estimated net worth: At least $50m

Africas last absolute monarch is more well known for his relationships with women (he had at least 15 wives at the last count), and for his flamboyant parties. The king is one of Africa’s weathiest royals. His personal net worth is at least $50m, based on the annual $50m salary that he is paid out of government coffers. He also control Tibiyo TakaNgwane, an investment holding company that owns stakes in sugar refining giants Ubombo Sugar and Royal Swaziland Sugar Corporation (RSSC0, dairy company Parmalat Manufacturer Swaziland Beverages and hotel chain Swazi Spa Holdings. The company has assets worth over $140m, but he hold it in trust for the people of Swaziland.

Inside The World Of Wealthiest Royals In The World. @Richard

                           Sultan Hassanal Bolkiah:

Coupled as the Sultan and Prime minister of Brunei, Sultan Hassanal Bolkiah is in total control of the country’s wealth. Of course, even a Sultan has to have hobbies, right? When you have billions to your name, exactly $20bn, your hobby is collecting cars, but not just any car-some of the most expensive luxury cars on the planet. Some brands including Lamborghini, Bentley, Ferari, Bugatti, and Rolls Royce, make new cars exclusively for the Sultan that are not sold or advertised to the public. And he has plenty of them. Its estimated that he has anywhere from 3,000-6,000 cars including over 600 Rolls Royces alone. He also owns the very last Rolls Royce Phantom VI, 1992 state landaulet. The Sultan has been among the wealthiest individuals in the world, even with the different estimate of personal wealth (it;s not always evident what can be calculated as personal and what is public wealth belonging to the state i.t. Crown, since Brunei is a monarchy). The closest anyone has ever been however is forbes estimate of the Sultan’s total peak net worth at $20bn in 2008. The Istana Nurul Iman palace, is Sultan’s official residence and it provides visitors a spectacular sight. It is the bigger than the Vatican Palace. $1.5bn was spent in erecting the palace. It has 1.788 rooms, 257 bathrooms and the total floor area of 2.152.782 sq.feet. The Sultan’s involvement in sports includes playing polo, golf, and badmimton. He also enjoys race car driving, piloting helicopters, and aircraft. On international trips, he pilots his own Boeing 747-400. He is also very fond of gold and has a Rolls Royce coated with 24k gold. He often enjoys fine cigars, and has a notable favourite, the Gurkha Centurian, that was commissioned specifically for him.

King Abdullah bin Abdul Aziz:     Not only was King Abdullah bin Abdul Aziz king of one of the richest countries in the world, he also controls largest crude oil deposits. He led Saudi Arabia through the global recession, and even Arab spring did little to affect his fortune or power. While there have been struggles with unemployment, the king pushed $130bn in unemployment packages and housing programmes. He ascended to the throne on August 1,2005 upon the death of his half brother, King Fahd. Abdullah, like Fahd, was one of the many sons of Ibn Saud, the founder of the modern Saudi Arabia. Abdulla held important political post through out most of his adult life. After king Fahd suffered serious stroke in 1995, Abdullah became the de facto ruler of Saudi Arabia until ascending the throne a decade later. In 2011, forbes estimated his and his immediate family documentable wealth at $21bn, ranking him as one of the richest royals in the world. The king had a personal estimated at $18bn. Abdullah was an expert equestrian in his youth. His stables were considered the largest in the kingdom, with over one 1,000 horses spread throughout 5 divisions led by his son, Prince Mutaib bin Abdullah. The King owned Janadria Farm, the large complex located in the suburbs of Riyadh. For holidays the King maintained a large palace complex with several residential compounds in Casablanca, Moroco. It is equipped with two helicopters and is surrended by large mansions on 133 acres of vegetation.

Prince Albert von Thurn und Taxis of Germany :    The 12th Prince in his family line, Albert von Thurn und Taxis is the only one of the European royals to be ranked among the world’s billionaires, mostly due to the fact the the fortune belongs to him alone and that he is not a reigning monarch (so his money has nothing to do with his position of power). He inherited his fortune in June 2001 on his 18th birthday from his late father. His assets includes real estate, art, a tech company and 30,000 hectares of woodland in Germany, one of the largest forest holdings in Europe. The bachelor, who lives in the family castle, Schlos Emmeram, with his mother and sister, is also a race car driver who tours with a German auto-racing league. He is worth $2bn.

Sultan Qaboos bin Said al Said of Oman:      Sultan Qaboos bin Said al Said reigns Oman as an absolute monarch. Since overthrowing his own father in a coup, this royal has broadened international relations, established high schools, build highways, and spends a significant portion of oil revenue on health care and education for his country. The Sultan has an estimated net worth of $700m. He has led successful diversification of Oman’s economy with grand objective of reducing the oil sectors hefty 40 per cent contribution to GDP to 9 per cent by 2020.

Prince Albert Grimaldi 11 of Monaco:

Despite being the ruler of one of the world’s smallest independent countries, Prince Albert 11 of Monaco is one of the world;s richest royals with a personal fortune in the region of $1bn. Along with the vast Palais Princier in the center of Monaco, Albert is thought to own as much as fourth of the land in his own country, as well as several French estates. The 56-year-old also owns an impressive collection of antique cars, a valuable stamp collection and shares in a Monte Carlo resort. While his real estate does not include the Princ’s Palace, it does include holdings in tghe Societe des bains de mer de Monaco, which operates Monaco;s casino and other entertaiment properties in the principality.

Queen Elizabeth 11 of Great Britain:    UK’s Queen Elizabth 11 who is 85-year-old has an estimated personal net worth of $500m that comes from property holdings including Balmoral Castle in Scottish highlands, stud farms, a fruit farm and marine land throughout the Uk; extensive art and fine jewellry; and one of the world’s largest stamp collections built by her grandfather. Not inclded are those assets belonging to the Crown Estate, which she gets to enjoy as Queen, such as $10bn worth of real estate, Buckingham Palace (estimated to be worth another $5bn), the Royal art collection , and marked swans on the stretches of the Thames. The Queen also receives an annual government stipend of $12.9m. The British Crown Estate with holdings of $8.3bn in 2011 is held in trust for the nation and cannot be sold or owned by Elizabeth in private capacity.

Sheikh Kahlifa Bin Zayed Al-Nahyan:        As hereditary ruler of Abu Dhabi and President of the United Ara Emirate, Sheikh Khalifa Bin Zayed Al-Nahyan is one of the world’s richest rulers with a net worth of $15bn. While he does control 97.8 billion barrels of oil reserves, not all of his wealth stems fron natural resources. He also runs a sovereign wealth fun with assets of about $627bn. What does Al-Nahyan do with his wealth? Well, for one, he owns a 30-acre estate in the Seychelles where he also sent over $130m in aid for social service, military aid and more. He is also a prominent philanthropist and has spent over $460m in humanitarian projects from his personal fortune including founding the Khalifa Award for Education among others. He succeeded to the position of the Emir of Abu Dhabi in November 2004 after the death of his father, Zayed bin Sultan Al-Nahyan, thereby becoming the President of the federation next day. Although as Crown Prince, he had effectively been acting President earlier since the late 1990s as his father was in ill health. Kahlifa is also chairman of Abu Dhabi Investment Authority, which manages over $6oobn ikn assets, While the Al-Nahyan family is believed to have a fortune of $150bn collectively as a family. Sheikh Khalifa is known for his interest in sports that is traditional to UAE, chiefly horse and camel racing. He is generally regarded as a pro-western moderniser. Early in his term, in April 2005, he authorised a 100 per cent salary increase for employees of the state. On January 4, 2010, the world’s tallest man-made structure, originally known as Burj Dbai, was renamed to Burj Khalif, in honour of the Sheikh.

Mohammed bin Rashid Al Maktoum:      The current Vice President and Prime Minister of the United Arab Emirate, UAE, and constitutional monarch of Dubai, Sheikh Mohammed bin Rashi Ai Maktoun since his ascenssion in 2006, has undertaken major reforms in the UAE Federal government, starting with the UAE Federal government strategy in April 2007. In 2010 he launched UAE Vision 2021 with the aim of making UAE one of the best countries in the world by 2021. He is responsible for growth of Dubai into a global city, as well as the launch of a number of major entertprises, Many of which are held by Dubai Holding, the holding company with mult-diversified businesses and investments. Dubai Holding develops and manages hospitality, business parks, real estate and telecommunications through four oper4eating units: Jumeirah Group, TECOM Investments, Dubai Properties Group and Emirates International Telecommunications. The company;s investment group operating units includes Dubai Group and Dubai International Capital. He also holds a controlling interest in property developer and investment company Meraas Holding which is currently developing a number of retail, lifestyle and themed developments in Dubai, including Legoland and a Bollywood movie theme park. Sheikh Mohammed was responsible for the launch of Emirates Airline, as well as heading both the development of Dubai World Central-Al Maktoum International Airport, the world’s first purpose-built aerotropolis. He was also behind the establishment of government-owned low cost cost carrier FlyDubai. On January 4, 2010, he launched the Burj Khalifa, the world’s tallest building, with a display of some 10,000 fireworks. It is also home to the world’s largest shopping mall, the Dubai mall. He currently owns 99.67 per cent of the company. His family wealth is estimated to be in excess of $4bn.

 Prince Karim Al Husseini, Aga Khan:   Spiritual leader of the world’s Ismaili Muslims, Prince Karim Al Husseini, chairs the Aga Khan Development Network which promotes investment in Asia and Africa. The passionate horse breeder owns an estimated 800 thoroughbreds at stud farms in Ireland and France; holds stake in Goffs, one of Britain’s largest horse auction house Arqana. He is worth about $800m. Sheikh Sabah Al-Ahmad Al-jaber of Kuwait Sheikh Sabah Al-Amad Al-Jaber does not share in his country’s vast oil wealth, like royaltyb of the gulf states. Instead he he receives an annual stipend. His fortune continuos to be hit by kuwait’s economic stalemate. The oil revenue-dependent emirate has done little to diversify its economy and political bickring is hindering reform. He is worth $350m.

 King Carl XVI Gustaf, Sweden: Led by 69-year-old King Carl XVI Gustaf, Swedens royal family is the wealthiest-and most glamorous-in Scandinavia, as well as fifth richest in Europe. With a personal fortune of $37.5m, the Bernadottes also have the use of the magnificent 600-room Royal Palace in Stockholm, although Carl Gustaf and his wife Queen Silvia live in the marginally smaller drottninghom Palace instead. In total, the Swedish royal family, which also includes Crown Princess Vitoria, 37, her husband (and former personal trainer) Daniel Westling and their two-year-old daughter Estelle, have the use of 11 palace dotted around Sweden.

    Prince Alwaleed bin Talal Alsaud, Saudi Arabia: Alwaleed bin Talal has been compared to Warren Buffett for his wise investment strategies which have led to his amassing an astounding, almost incomprehensible level of wealth. Considered one of the biggest investors in the world, Alwaleed bin Talal is King Abdullah’s nephew. Although he has little actual political power, he’s still a billionaire and a Prince, and he very publicly and extravagantly lives the life of luxury with palaces and even an Airbus A380 decked out with a concert hall and 20 suites. He is worth $21.4bn. Prince Azim of Brunei Known as the Playboy Prince, Prince Haji Abdul Azim is the third in line for the Brunei throne. He is well-known for throwing massive, celebrity-filled parties. But in addition to his notorious partying and celebrity-like presence in the media, Prince Azim is also a philanthropist, supporting events like Sounds of Hope and charities like make a Wish. He is worth $5bn. King Bhumibol Adulyadej of Thailand Not only is the king of Thailand , Bhumibol Adulyadej one of the richest royals in the world, he’s also the longest reigning monarch in his country’s history. Ruling over Thailand for 68 years, he’s the longest serving current head of state currently worth $30bn. Much of his fortune comes from his business interests in real estate and investments in companies like Siam Cement and Siam Commercial Bank. And how does a royal with $30bn spend such money? Well, most ofb that is unknown and kept private, but it’s estimated that the Thai palace spends about $500m a year, which is ten times what Britain’s royal family spends. In August 2008, forbes published its 2008 version of The World’s Richest Royals and King Bhumibol was listed first, with an an estimated wealth of $35bn. A few days later, the Ministry of Foreign Affairs of Thailand issued a statement that the forbes report incorrectly conflated the wealth of the Crown Property Bureau (CPB) and that of Bhumibol. The 2009 estimated was a reduced figure of $30bn due to decline in real estate and stocks, and this figure was also published in April 2014 by Business Spectator. Through the CPB, the king owns land and equity in many companies and massive amounts of land, including 3,320 acres in central Bangkok, as well as 13,200 acres of rural land. The CPB owns 32 per cent of Siam Cement (worth 12.6bn), 23 per cent of Siam Commercial Bank (Thailands largest bank), and interest in Christiani & Nielsen, Deves Insurance and Shin Corporation. The CPB also rents or leases about 36,000 properties to third parties, including the sites of the Four Seasons Hotel Bangkok, the Suan Lum Night Bazaar, Siam Paragon and the Central World Tower. King Bhumibol is the owner of the Golden Jubilee Diamond, the largest faceted diamond in the world, which was estimated to be worth between $4m and $12m in April 2014. Prince Hans-Adam of Lichtenstein With an estimated $3.5bn fortune according to forbes magazine, the ruling dynasty of tiny Lichtenstein is by far and away Europe’s wealthies. Led by patriarch Prince Hans-Adam II, nearly all of the family’s wealth comes from banking, although the royal clan also has significant land holdings and a vast art collection. Hans-Adam has led the wealthy country since 1989 when his father , Franz Joseph II abdicated. He is not funded by the Liechtenstein taxpayers money, a situation that lead him to joke at some point that he has to work hard in the morning to be able to afford to reign in the afternoon. The 69-year-old was just 27 when he was entrusted by his father to run the family’s vast fortune, long before the affairs of the country was abdicated to him. Nevertheless, most of the money comes from the LGT Group, the largest family-owned private banking and asset management company in the world, which currently has an estimated $40bn of investments worldwide and is headquartered in Lichtenstein’s capital, Vadus. The company has approximately 1,950 employee in over 20 offices around the globe, Asia, Europe, the Middle East, North America, and South America. Much of the day-today running of the fund is handled by Hans-Adam’s younger brother Prince Philipp and second son Maxmillian, which frees him up to concentrate on Lichtenstein itself. Hans-Adam is married to Countess Marie Kinsky von Wchinitz und Tettau with whom he has five children-some of whom are now employed in the famili business.

                            King Mohammed VI of Morocco

 King Mohammed VI is the current king of Morocco, taking the throne in 1999 after the death of his father, King Hassan II. He also happens to be Morocco’s leading businessman, banker, agricultural producer and land owner. His family has one of the largest fortunes in the world, and it’s said that daily operating budget for his 12 palaces is around $960,000. Yes, you read that right: It’s almost $1m a day to maintain his houses including personel, clothes and car repaires. In 2009, he was estimated by forbes magazines to be worth $2.5bn, and the Moroccan Royal family has one of the largest fortunes in the world. Along with his family, they hold the majority stakes in the Societe National d’Investment (SNI), which was originally state-owned but was merged in 2013 with Omnium Nord Africa (ONA Group), to form a single company. SNI has a diverse portfolio consisting of many important businesses in Morocco and operating in various sectors. SNI also owns many food-processing companies and is currently in the process of disengaging from this sector. Mohammed VI is also a leading agricultural producer and land owner in Morocco, where agriculture is exempted from taxes. His holding company ‘siger’ has share in the large agricultural group ‘Les domaines agricoles’, which was founded by his father Hassan II. In 2008 Telguel estimated that Les domaines had a revenue of $157m, with 170,000 tones of citrus exported in that year. According to the same magazine, the company officially owns 12,000 hectares of agricultural lands. Sheikh Hamad bin Khalifa Al Thani Sheikh Hamad bin Khalifa Al Thani became ruler after deposing his father in a bloodless coupin 1995. Today he leads one of the performing global economies, based on rising oil and gas prices; GDP rose 9.5 per cent last year and is set for double -digit growth this year. The emir’s Qater Holding purchased Britain’s Harod department store more than $2bn. In his spare time, he cruise on his 436-foot super-yatch Al Mirqab, one of world’s largest. He is worth about $2.4bn. A well-known and respected philanthropist, the Emir made a $100m donation for the relief of New Orleans following the 2005 Hurricane Katrina. In 2005, under yhe direction of Sheikh Hamad, the Qatar Investment Authority was established, a sovereign wealth fund to manage the country’s oiland natural gas surpluses. The Qatar Investment Authority and its subsidiaries have acquired many businesses abroad, including Paris based department store Printemps. French Club Paris Saint Germain, a 75 bper cent stake in the film studio, Mirmax, a 2 per cent stake in media conglomerate and Universal Music Group parent company, Vivendi. He also controls a $100m investment in Chernin Group, a 1 per cent stake in luxury goods manufacturer Louis Vuitton Moet Hennessy, a 6 per cent stake in Credit Suisse, a 12.6 per cent stake in Barclays and several other major companies. They also own several hotels in Cannes including the Majestic Hotel, Grand Hyatt Cannes Hotel Martinez and Carlton Hotel. Sheikh Hama is famous for helping to establish the first Arab international News network, Al Jazeera, when he provided a loan of $137m to sustain the news station through its first five years.

                     AFRICA’S WEALTHIES ROYALS

Oba Obateru Akinrutan, Ugbo Land, Nigeria Estimated net worth: #300,000

Oba Obateru Akinrutan is the Olugbo (traditional king) of Ugboland, a small oil-rich community in Ondo State, in Nigeria’s south-west region. Oba Akinrutan who ascended the throne in 2009, is also the founder of Obat Oil, one of Nigeria’s privately-held oil trading companies. He founded the company in 1981 with a single gas station to meet the needs of his family and neighbouring community. OBAT OIL now owns more than 50 gas stations acrose Nigeria as well as one of the largest tank farms in Africa- a modern storage facility that has the capacity to store 65 million litres of petroleum products. He also owns an extensive portfolio of prime commercial and residential real estate in London and Nigeria, including the landmark Fedson Hotels and Mall in the Central Business District of Abuja.

Oba Okunade Sijuwade, ILe-Ife, Nigeria Estimated net worth: At least $75m

Alayeluwa Oba Okunade Sijuwade, Olubuse II, is the traditional king (Ooni) of Ile-Ife, an ascient city located in Osun State in Nigeria’s south western region. Ile-Ife is generally believed to be the traditional home of the Yoruba civilisation. Oba Sijuwade, 84, who ascended the throne in 1980, is also a prosperous businessman. The Ooni first cut his teeth in business by working in his father’s trading business as a teenager before going to the United Kingdom to study for a degree in business. Upon his return, he worked as a manager for the Leventis Group and as a sales executive for National Motor. He struck out on his own in 1964, when he started WAATECO, an automotive distribution business that imported vehicles and vehicle parts from the Sovie Union to sell in Nigeria. He went on to build the Motel Royal hotel and several residential and commercial properties. He is the founder of the Sijuwade Group, a Nigerian conglomerate with interests in oil & gas, construction, property development and hospitality, which he incrporated in 1975. The group owns stakes in two onshore oil blocks in partnership with London-listed energy giant Centrica PLC as well as a construction outfit that handles large-ticket road construction projects in Nigeria and was awarded a concesion by the Federal Government to construct and manage tollgate along the Ibadan-Ife dual carriageway- one of the major vehicular routes in Nigeria. The King also owns several residential properties in Nigeria and the UK.

Otumfuo Osei Tutu II, Ashanti, Ghana Estimated net worth:$10m

 Otumfuo Osei Tutu II is the king of Ghana’s gold-rich Ashanti kingdom, home to the country’s largest ethnic group, the Asantes. He ascended the throne in 1999 and served as the political and spiritual head of the Asante people. After stuying in United Kingdom, Osei Tutu II worked briefly in private and public organisations in United Kingdom and Canada before returning to Ghana in 1989 to set up Transpomech Ghana, a $12m (sales) company that provides mining equipment to several large industrial companies in Ghana. The king also owns extensive real estate in Ghana and South Africa as well as a collection of valuable gold crown jewels.

King Mswati III, Swaziland

 Estimated net worth: At least $50m Africas.

last absolute monarch is more well known for his relationships with women (he had at least 15 wives at the last count), and for his flamboyant parties. The king is one of Africa’s weathiest royals. His personal net worth is at least $50m, based on the annual $50m salary that he is paid out of government coffers. He also control Tibiyo TakaNgwane, an investment holding company that owns stakes in sugar refining giants Ubombo Sugar and Royal Swaziland Sugar Corporation (RSSC0, dairy company Parmalat Manufacturer Swaziland Beverages and hotel chain Swazi Spa Holdings. The company has assets worth over $140m, but he hold it in trust for the people of Swaziland.

(Gist) D’Banj Might Release Songs Don Jazzy Produced Soon @tj_shetade

Don-jazzy.
There are speculations that Dapo ‘D’Banj’ Oyebanjo  might release songs produced by Michael Collins Aka Don Jazzy any moment from now .
Sources said that if the deal is favourable the, the songs will hit the streets as soon as possible.
And the Nigerian music industry is likely to witness the shocking re-union of DB Records boss,‎ D’banj and Mavin records boss, ‎Don Jazzy.
The duo that returned to Nigeria from the UK in 2004 and set up Mo’hit records before breaking up due to irreconcilable differences. In the second part of D’banj’s interview with Olisa Adibua on ‘The Truth’, D’banj has hinted that for his 10th anniversary celebrations, he’s been getting offers from people who are willing to pay to see a re-union with Don Jazzy. In his own words, ‘We ran into each other last year in America and we spoke. I told him that I’m getting offers for us to come back, and he said if the right money comes we’ll do it again. And don’t forget that part of the break up settlement from Mo’hits states that I still have some unreleased songs produced by Don Jazzy that I can still release at any time.’
ff@iamdbanj @iambangalee @donjazzy

(Research) Beware!!! Millions of Nigerians Have Cancer @tj_shetade

Nigeria Violence

According to punchng.com,doctors have raised the alarm that more Nigerians are dying of cancer even as the majority of victims are women.

According to them, more than two million Nigerians are at present down with the terminal disease.

The revelation came as they identified “poor and unhealthy” lifestyle as responsible for the increasing cancer statistics in the country.

Oncologists (cancer care specialists) made this known while speaking with our correspondent in Lagos. They spoke as the World Cancer Day holds on Wednesday (today).

According to the Head of the Oncology and Radiotherapy Unit of the Lagos University Teaching Hospital, Idi-Araba, Prof. Remi Ajekigbe, the country records no fewer than 100,000 new cases of cancer yearly.

For instance, Ajekigbe noted that LUTH records at least 3,000 fresh cancer cases annually.

He added, “Despite the breakdown of the facility that lasted up to four months last year as well as the strikes, we still had no fewer than 3,000 cancer patients.

“Cancer rates are soaring globally and Nigeria is no exemption. At present, there are about two million cancer cases recorded in Nigeria. Besides, we record about 100,000 new patients every year.”

The Chief Medical Director, Eko Hospital, Lagos, Mr. Olusegun Odukoya, agrees with Ajekigbe.

The oncology department of the private hospital, Odukoya said, records no fewer than 1,000 new cases each year.

The physician, who also raised the alarm that 50 per cent of the cancer cases and deaths occurred in women, urged the Federal Government to roll out a cancer-screening programme targeted at early detection of the disease.

He added, “More cases of cancer are being diagnosed because people are now aware of the disease. In fact, Eko Hospital is the only private hospital with radiotherapy machine for treating cancer. Yet, we see 1,000 new cancer patients each year.

“The unfortunate thing is that the two forms of cancer that is killing Nigerians, the most occur in women, that is cancer of the breast and cervix. It is now important that the government must begin initiatives that would ensure that cancer is detected in women early to avoid these deaths.”

Ajekigbe, defining cancer as an abnormal and uncontrolled growth that persists in the body, noted that women had a higher risk of being down with the disease when compared to men.

Ajekigbe said, “More than 50 per cent of cancer occurs in women. Breast and cervical cancer are the commonest and they occur in women. That is why every woman should examine her breast regularly and breast-feed. Forget about the shape of your breast, breast feeding will protect both you and your baby from developing cancer of the breast.”

Lamenting that cancer rates were soaring globally, the oncologist noted that the situation in Nigeria was more pathetic.

He identified the poor state of cancer care and facilities, dearth of funding, late diagnosis and detection as some of the reasons for high death statistics in the country.

He added, “The global incidence of cancer is soaring but cancer cases are worse and death rates are higher in Nigeria because cancer patients are usually poor and they have little access to treatment in the country.

“Every time, while there are only four functioning radiotherapy machines in the country, others may have broken down due to the high patient load on them.

“Patients who can afford it will travel out when they can no longer wait for the machines to start working while the poor patients suffer in silence.

“Even most of the patients who can afford to go overseas for treatment come back in body bags. That is why we need facilities to enable us to embark on early detection and treatment of cancer.

“We cannot afford to lose more Nigerians to cancer. Government should dedicate the proceeds from an oil block to the provision of cancer equipment and treatment. It is a need.”

To reduce cancer-related deaths, Odukoya urged the government not to only subsidise the cost of its treatment, but also to reduce the tariff on its care equipment.

According to him, the costs of radiotherapy and chemotherapy treatment as well as that of the equipment partly contribute to the increasing number of deaths in the country.

He noted, for instance, that the high cost of procuring cancer treatment equipment was responsible for the dearth of cancer treatment centres in the country.

A radiotherapy machine, he said, cost between N50m and N100m, excluding the fees for the consumables.

The physician said, “Cancer treatment is expensive because the cost of procuring the equipment is high. Many public and private hospitals cannot buy and maintain the facility without getting assistance from the government.

“The government will be helping Nigerians if there is zero tariff on medical equipment because it is the patient that has already sold many properties to pay hospital bills that will bear the burden of the high levies, and if they can’t pay they will not get the treatment they need. We need more people to survive cancer in Nigeria.”

Meanwhile, Ajekigbe and Odukoya called on Nigerians to embrace healthy living and eating habit to reduce their risk of developing the sickness.

Ajekigbe said, “We don’t know what causes cancer yet, but some factors have been known to predispose people to it. One of them is poor diet and lack of exercise, which leads to obesity. Being overweight can predispose a woman to cancer of the breast.

“An obese man is at the risk of cancer of the prostate too. Alcohol consumption as well as passive and active smoking can cause cancer of the lungs. Cancer is the worst disease any one can think of. The chronic disease can dehumanise one. It is a terrorist of the highest order. We should all do all what we can to prevent it, even if it means denying ourselves of some pleasures.”

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