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Investors Storm Oko Oloyun Office To Demand Refunds

Crowd of persons in their tens were seen at the office of the late popular trado-medical doctor, Alhaji Fatai Yusuf popularly known as Oko Oloyun to know how to demand their investment in his Ponzi scheme tagged Option C.

One of those at the head office at Idowu Egba along LASU-Igando Road simply identified as Emmanuel shared that he started the scheme in July 2019 and had returns on his investment once instead of the two months timeline in the terms of the contract.

Another retired teacher, Mrs Bunmi, stated she joined in December 2018 with investment to millions but had only received ₦500,000 and unsure of her fate with the death of the owner.

Some of the investors at Oko Oloyun office in Igando, Lagos. Photo: PM News

Sharing her investment documents, she said that she filed to pull out after inconsistency in payment but rescinded her decision when she was told that she could not get her investment back in full.

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Option C is a money-making programme that promised a 10% return in two months.

One other investor, Mr Azeez, who said he invested ₦1 million in September 2019 and with his experience of not being paid had decided to pull out in November. He, however, vowed to pursue his profit with all his ability.

Others also shared their experiences such as Mrs Bunmi whose allowance from her husband was invested. Her husband is said to be fighting in the North-East against the insurgency. She also pleads with the management to respond.

Mrs. Sulaimon, another investor, had to make a stop over while travelling to Badagry but was cheered by co-investors after narrating that she can not afford to loose her money.

However, in the midst of the lamentation, some investors who had visited the house of the late Oko Oloyun in Lagos alleged that they were denied access by the security men, with the statement that “Alhaja said we should not allow anybody to come in, they are all in Ibadan.”

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After the outcry, the investors agreed among themselves to visit the house of the deceased in Lagos during the Fidau prayers on the eighth day to demand their returns.

However, a security man at Oko Oloyun’s Egan Idowu office alleged that one of the rooms in the head office was intentionally burnt by unknown men prior to Oko Oloyun’s death.

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Lagos Inaugurates Fadama Food Market In Badagry

Lagos State Government has inaugurated a new Food Market at Agbalata, in the Badagry Local Government area of the state in order to promote the structuring of agricultural produce marketing for traceability and quality assurance.

Special Adviser to the Governor on Agriculture, Abisola Olusanya who inaugurated the market explained that the new FADADA Food Market would also promote availability of wholesome food to the populace at affordable prices as well as create farm gate price advantage for the populace through the elimination of middlemen.

Olusanya said the market which was a product of a collaborative effort with multilateral Agencies, especially the World Bank and the Federal Government would also reduce post harvest losses whilst giving optimum returns to farmers for their efforts.

According to Olusanya, the Market which was solely for agricultural produce and value added products would also get food vendors off the street stressing that government would continue to be innovative at making resident households food secure while creating wealth and employment opportunities through the process.

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“This market is a crowning glory to all other supports to beneficiaries in Badagry LGA vis-a-vis capacity building, provision of infrastructures like farm access road and aggregation centres, advisory services and inputs support and assets acquisition for farmers’ groups among others. The choice of Agbalata as the site of the market is strategic, being close to the international route and border”, Olusanya averred.

The Special Adviser stressed that Lagos State, being the commercial nerve center of the country with a growing population of over twenty million residents, is not just interested in consuming food but also striving to make significant contribution to production, value addition and marketing noting that with the daily influx of Nigerians into the State for a better life, the consequent food demand has skyrocketed and cannot be overemphasized.

She pointed out that even though the State has limited access to large expanse of agricultural land but nonetheless has enormous comparative advantage in processing and value addition hence it would continue to bring about shared prosperity to the citizenry.

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“There is no gain saying that Lagos is indeed a MARKET PLACE for Nigeria and sub-sahara African. The State Government has developed a number of initiatives to optimize the use of available land and regulate the potentials within the agricultural space for the benefits of all.

To springboard these developments, the state has produced a 5-year road map (2020 – 2025) for sustainable and inclusive Agricultural growth strategy with citizens at the core.

“And to put life to this plan, Government is using multi-layered approaches. For a start, a Stakeholders’ workshop was convened to channel a new course for agricultural growth in the state, a comprehensive study of all farm settlements and farm estates was also carried out with a view to re-positioning them for wealth creation, employment provision and increased food output. The State is also championing interventions at all levels of production, processing, distribution, financing and support services”, she asserted.

Olusanya explained that the FADAMA Food Market would complement the planned monthly Eko-City Farmers’ Market with the goals of connecting producers with consumers and end users by using traditional and innovative methods to make shopping entertaining, produce accessible and affordable and preserve nutritional value of farm produce.

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She therefore appealed to Local Government Authority, community members and Market users alike to ensure best hygienic practices at the Market as well as maintain it effectively and efficiently.

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Man who jumped into Lagos Lagoon was not a LASU Student – Management

The Lagos State University, LASU, has debunked claims that Daibo Davies – the young man who plunged into the Lagos lagoon was a student of the varsity.

“The attention of the Lagos State University Management has been drawn to media reports stating that Mr. Daibo Davies, the young man who plunged into the lagoon from the Third Mainland Bridge in Lagos State recently was a fresh graduate of Quantity Surveying from the Lagos State University,” a statement from the Coordinator, Centre for Information, Press and Public Relations, Lagos State University, Ademola Adekoya reads.

“While the University sympathizes with the family and and relations of the Mr. Davies on the unfortunate incident, we find it pertinent to correct the media reports crediting his studentship to the Lagos State University.”

The General Public is hereby informed that Mr. Davies was not a graduate of Lagos State University as reported. As a matter of fact, LASU does not currently run a programme in Quantity Surveying, the course from which Mr. Davies reportedly bagged a degree. The public is therefore urged to disregard that part of the story.

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The management however enjoined the media to exercise more diligence in gathering their facts before publishing reports to avoid misleading the public.

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