Our rescue efforts will be intelligence-led, careful, coordinated, and sustained. We will deploy every lawful tool available, both kinetic and non-kinetic, to ensure our children and teachers are safely returned home.
I also extend my deepest condolences to Mrs Mary Oyedokun, the wife of the late school teacher and her family. Their sacrifice will not be forgotten, and his family will not be abandoned.
BOLA AHMED TINUBU
PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA
I have also directed the deployment of a specialised security unit with advanced rescue capabilities to intensify efforts to secure the safe return of the abducted pupils and teachers.
The communities' request for the establishment of a military base in the area is receiving urgent consideration.
I share the pain and anxiety of the affected families. No child should be taken from the safety of a classroom. No parent should have to endure this anguish.
At my direction, following the visit of a high-level Federal Government delegation that I sent to the Esiele and Yawota communities in Oriire Local Government Area of Oyo State, I have approved the recruitment of 1,000 forest guards in collaboration with the Oyo State Government.
Let me tell you what happened to Geregu Power shares when Otedola sold his 77% stake for $750 million.
Nothing. The price did not move one kobo.
Because he sold the entire block off-market to a single buyer, MAโAM Energy Limited, linked to former Governor Abdulaziz Yari. No flood of sell orders hit the exchange and it had no retail panic therefore no crash. The NGX saw nothing unusual that day.
He took Geregu from a โฆ250 billion listing in 2022 to nearly โฆ2.9 trillion at peak, then exited completely, stepped off the board, and redeployed $750 million into Dangote Refinery and First HoldCo.
We shouldnโt call this a divestment but a masterclass. Most Nigerian investors do not even know how to exit a โฆ500,000 position without moving the market against themselves. Otedola just moved $750 million and left no fingerprints.
People call Dangote the richest Nigerian. But Otedola might be the most dangerous capital allocator on the continent. There is a difference.
@Ebuka Just finished watching this, and I can say, itโs really impactful. Itโs funny how this episode relates to my current situation in life ๐ง, The 9-5 zagger, trying to find freedom with side hustle, women dominating the sector I found myself ๐, we love to see more of this๐๐