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Sule Lamido,Dangote’s Alma Mater Set To Host AGM

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Sule Lamido and Alhaji Aliko Dangote

 

 

Arrangements have reached advanced stage for a colorful and successful conduct of Annual General Meeting of Birnin Kudu Old Boys Association BIKOBA, the umbrella of the Old Students that have being graduating from the famous Government College, Birnin Kudu, Jigawa state since 1965.

The event which is scheduled to take place on Saturday the 24th day of December, 2022 at the Assembly Hall of the College by 9:30am, it will feature series of activities which includes public lecture to be delivered by Alhaji Garba Haliru Aliyu, a former Director of Finance at National Youths Service Corps (NYSC) Headquarters, Abuja while former Jigawa state Governor Alhaji Sule Lamido is to serve as Chairman of the lecture.

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The Jigawa state Governor Alhaji Badaru Abubakar is going to be the Guest of Honor while his counterpart, the Governor of Kano state Dr Abdullahi Umar Ganduje will be the special Guest of Honor at the occasion.

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Royal fathers of the day are Emir of Kano Alhaji Aminu Ado Bayero, Emir of Dutse Dr Nuhu Muhammad Sanusi as well as Emir of Bichi Alhaji Nasiru Ado Bayero while National president of BIKOBA Alhaji Ja’afar Usman Muhammad will be the Chief Host of the event.

In a statement signed by the body’s National publicity secretary Mahmud Ibrahim Kwari said Other highlights of the AGM, includes presentation of an Audited account, report that contains financial statement of the Association for subsequent ratification and approval by the members amongst others.

 

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Uber Shutdowns Operations in Nigeria

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By Yusuf Danjuma Yunusa

Ride-hailing company, Uber, has shut down its operations in Nigeria.

In a statement, the company, which came into Nigeria in 2014, said its exit is effective from September 2, 2026.

“We are writing to share some difficult news. After a thorough review of our business, we have made the tough decision to wind down our operations in Nigeria, effective 2 September 2026.

“Since we first launched in Lagos in 2014, it has been an absolute privilege to be a part of your daily life connecting you with independent transportation providers.

“Whether it was a morning commute, a ride to see loved ones, or exploring the city, thank you for trusting the platform to connect you to a driver to get you there safely. We know this may cause disruption to your routine, and we sincerely apologize for the inconvenience.”

In a memo on Wednesday, the ride-hailing company also announced elimination of roughly 3,300 positions.

The job cuts focused on management and coordination roles, according to its CEO, Dara Khosrowshahi.

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“Today, we’re making a number of significant organizational changes across Uber. We are removing layers, simplifying team structures, refining our global location strategy, and focusing our people and investments against the biggest opportunities ahead of us.”

“As a result, we will be reducing the size of our team by about 10%. Everyone whose role has been affected has already been notified, except in countries where we will follow the required local process.

“This wasn’t a decision we made lightly, because it will have a real impact on our teammates and friends who have worked hard for Uber. It’s important to say that these changes are about how we’re organized and what we’re prioritizing, not about anyone’s contributions to Uber, which we will always value.

“I’m sure you’re asking, ‘Why, and why now?’ particularly since our business is performing so well. Over the last 5+ years, Uber has grown by orders of magnitude, with our top line nearly tripling. We’ve built new products, expanded into new businesses, reached more consumers and supported more earners, and become a much larger and stronger company. But that growth has also brought complexity: more layers, more coordination, more fragmented ownership, and in some cases structures that made sense when businesses were smaller but no longer serve us well at our current scale.

“Our opportunity from here is enormous: we have the chance to bring Uber to hundreds of millions more people; to invest even more in drivers, couriers and merchants; and to innovate across our core businesses and build the autonomous future.

“The changes we’re making today are designed to do two things: make Uber simpler and faster, and create more capacity to invest in our future. A leaner organization will mean clearer ownership, faster decisions, and more time spent building rather than coordinating. It will also generate savings that we intend to reinvest in growth, innovation, and the capabilities that will matter most over the coming years.

“It’s our job as leaders to make these difficult calls, and to give you transparency into our thinking and our decision-making process.”

The layoffs are the latest round of job cuts for Uber, which eliminated roles in customer service and HR earlier this year.

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Author of ‘Rich Dad Poor Dad’ Languishes in Billion Dollar Debt

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By Yusuf Danjuma Yunusa

Robert Kiyosaki, the author of the bestselling ’Rich Dad Poor Dad’ book, has accumulated an estimated $1.2 billion debt connected to his aggressive real estate investment.

According to reports, the debt is the estimated amount the 79-year-old author and his business partners borrowed to acquire approximately 1,500 property units as Mr Kiyosaki continues to expand his real estate holdings.

Despite the significant debt, Mr Kiyosaki does not appear apprehensive about the liabilities, maintaining that borrowing money to acquire income-generating assets is a strategy commonly used by wealthy individuals.

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“So, I’m a billion two in debt,” the author said on the ‘Get Rich Education’ podcast recently, adding that people “should not do what I do, right? But I studied it since 1974… If you’re going to learn to use debt, you’d better take some education.”

In a recent interview with Vanity Fair, Mr Kiyosaki’s ex-wife and business partner, Kim Kiyosaki, revealed that the debt did not reflect the amount her ex-husband personally owes.

She stressed that it is connected to the real estate properties owned by them and their business partners, adding that Mr Kiyosaki’s personal share of the liabilities is small.

Vanity Fair estimated Mr Kiyosaki’s share of the debt at around $30 million to $60 million.

“We have a lot of apartment houses with our partners. So technically, yes, we have all this debt,” the ex-wife told Vanity Fair.

Speaking to the magazine, Mr Kiyosaki stated, “If it all comes to hell, you can talk to my attorney. Firewalls—that’s the way the rich play the game.”

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Maulud: Best Choice Specialist Hospital Congratulates Kano Governor, Muslims Globally

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The Chairman of Best Choice Specialist Hospital, Kano, Auwal Lawal Muhammad (Dan Malikin Garo), has congratulated the executive governor of Kano State Alhaji Abba Kabir Yusuf, the good people of Kano State and Muslims across the world on the occasion of the Maulud celebration commemorating the birth of Prophet Muhammad (SAW).

In a statement he personally signed, Lawal commended Governor Abba Kabir Yusuf for his efforts towards fostering unity among the people of Kano State.

According to the statement, the chairman was amazed on how governor Yusuf placing emphasis on the development to the state particularly in matters concerning religion, saying such initiatives would help reduce divisions, promote mutual understanding and strengthen peaceful coexistence across the state.

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He urged Muslims to use the occasion of Maulud to strengthen their relationship with Allah through increased devotion and prayers for peace, stability and prosperity in Nigeria and Kano State.

The Chairman of Best Choice also praised the Governor for his efforts to improve the healthcare sector in the state.

He cited the renovation and upgrading of healthcare facilities, provision of modern medical equipment, as well as the training and development of healthcare workers as some of the administration’s efforts towards improving healthcare delivery in Kano.

Auwal Lawal further commended Governor Yusuf for his dedication, compassion and commitment to the wellbeing of the people, noting that his efforts continue to have a positive impact on the lives of residents across the state.

He prayed for continued peace, unity and prosperity in Kano State and Nigeria, while wishing the Governor and the people of Kano a blessed Maulud celebration now and beyond.

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