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Showing posts with label Baba Ijebu. Show all posts
Showing posts with label Baba Ijebu. Show all posts

Wednesday, January 29, 2020

LOTTERY WAR OF THE UNKINDEST TYPE. BURUJI KASHAMU VS. KESSINGTON ADEBUTU. WESTERN LOTTO VS. PREMIER LOTTO


Adebutu vs. Kashamu 

We all know this 2 men. Chief Kessington Adebutu needs no introduction whatsoever. But just for the sake of it let's do something like a little intro. He is the man referred to as the "Nigerian undisputed king of lotto" and a super great and highly celebrated philanthropist. Everything that has to do with lottery/betting revolves around him. His name is in fact synonymous with it, in a way he made it popular and showed to Nigerians one could be a billionaire from it. He and his late friend, Chief Solomon "gbengbeleku" Ayoku were the colossus of betting and all. And Baba Ijebu as he is fondly known, a name also synonymous with his brand, has kept the flag flying, even after the demise of his friend who was a colossus in Casino business. He owns Premier Lottery, which has been in business for so long. The Odole of Ife, is the father of Honorable Ladi Adebutu, who is a politician and the other Governorship aspirant of the PDP in their ill fated desire to wrest power from the ruling APC recently. While his son Ladi is a politician and used to be an Honorable member of the Federal House of Representatives, his dad who is in his 80s, has never being a politician.

Chief Buruji Kashamu on the other hand a well known politician and a leader of the PDP in Ogun State. He is in fact the controversial high spending moneybag businessman and politician from Ogun State. He is the owner of the Best Western Hotel opposite the Bar Beach, Victoria Island, which is just one of the businesses he is known for. He had a long running court case at a point, when the US Government wanted to extradite him to face allegations of drug running in America, an allegation he has denied and continues to deny fervently and with vigor. He was a distinguished Senator of  the Federal Republic at a point. He fought his own party to a standstill to be the PDP Gubernatorial candidate of his party at the last election, his unrelenting rival was none other than Hon. Ladi Adebutu, who had emerged as . Both see each other as straightforward, uncompromising bitter enemies, who would go to any length to do away with each other. Chief Buruji Kashamu is the owner and promoter of Western Lotto.

Ladi like we have already said above, is an unflinching and bitter rival and enemy of Buruji. And Ladi is the 1st son & eldest child of the owner of Premier Lotto, Chief Kessington Adebutu. Premier Lotto and Western Lotto are competitors, in fact major rivals. Premier Lotto controls the turf, at least a large percentage of it, because of maybe length of time in existence. Western Lotto being a rival and competitor would love to have one over an enemy. So like they say, all is fair in war.

Since the owners of the brands are bitter rivals somewhat, then their companies or brands doing the same business are also likely hit heads also0 be bitter rivals and enemies too and that has been seen to be the case now, with what is presently unfolding into a war of damn all consequences and bring your rival down at all cost by Western Lotto against Premier Lotto. Maybe to get to Ladi, Buruji is willing to take down the business that brings in the milk that feeds the family in the most legal war possible, most especially if there's a chink to exploit.

Hence, Senator Buruji Kashamu justifiably through his Western Lotto brand, became a whistle blower to the Nigerian anti graft body the EFCC, in a strongly worded petition alleging 'economic sabotage and multi-billion Naira tax fraud' to the tune of as much as N5billion. And hence the investigation began and even gentleman Segun Adebutu, one of the sons of the Great man, has been invited for questioning.

So last year December of 2019, Justice Chukwujekwu Aneke of the Federal High Court in Lagos had granted Western Lotto Ltd an Anton Piller order (a court order which requires the defendant in proceedings to permit the plaintiff or his or her legal representatives to enter the defendant's premises in order to obtain evidence essential to the plaintiff's case) authorizing it to search 23 firms involved in the Lotto business, for evidence of violation of its Ghana Games patents infringement, which they Western Lotto had exclusive rights to.

The Ghana Games are alleged to be responsible for about 60/70 percent of the revenue generated from lottery games in Nigeria.

The reports had said that the Ghana National Lottery Authority (NLA) had granted Western Lotto Nigeria Limited the “exclusive rights” in an agreement recently executed by both parties.

The Ghana products, includes the following Monday Special Lotto, Lucky Tuesday Lotto, Midweek Lotto, Fortune Lotto, Friday Bonanza Lotto, Saturday National Lotto, VAG Lotto and super six Lotto) both in stores and in all promotional activities.

Western Lotto’s right also include “the exclusive right to use the draw numbers of the Ghana National Lottery Authority (NLA) to sell and distribute lotto products and games to customers located in the Federal Republic of Nigeria”.

The first and second defendants in the suit, marked FHC/L/CS/2321/19, are the National Lottery Regulatory Commission and Registrar of Trademarks.

And then there 23 others which includes Premier Lotto Ltd and even K.C Gaming Networks Ltd who are the parent company of Bet9ja, so in actual fact, Western Lotto is actual fighting the biggest names in the business, in fact a consortium if one can put it like that.

The given court order also affects “each and every point of sale stations and agency operated by all the brands offering lottery products.”

Justice Aneke also went further to  appoint the third to 25th defendants to represent “the class of persons passing off their lotto products by using trade names and trade marks that are associated with the ‘Ghana Games’…and or who illegally sell ‘Ghana Games’ lotto products in Nigeria by using the draw of the numbers of the Ghana NLA to sell and distribute lotto games to customers in Nigeria.”

So it's a long drawn battle ahead and big money, in fact very big money would most definitely exchange hands. 

Sunday, March 24, 2019

IN SALUTE OF THE SEEMINGLY ENDLESS DEEP POCKET OF SIR KESSINGTON ADEBUTU, THE BILLIONAIRE LOTTO KING


Sir Kessington Adebutu 

DONATED HUNDREDS OF MILLIONS TO BOTH BOS & DAPO ABIODUN'S CAMPAIGN.

If what we have heard is truly anything to go by, then the King of Lotto in Nigeria, known to most as Baba Ijebu, Sir Kessington Adebutu is surely one generous man whose type might be hard to find again in this our clime. That the man is probably a billionaire is not in doubt, what the people might not really know about is how deep, a deep pocket the great man of Ijebu extraction is.

According to the gist, the super liquid man, who must have contributed a cast amount of money, which couldn't have been less than N500 million towards the failed Gubernatorial ambition of his son, Hon. Ladi Adebutu in Ogun State didn't just keep the largesse in house, but also embraced the ambition of both Babajide Olusola Sanwoolu and that of Prince Dapo Abiodun.

According to the unconfirmed gist, Sir Kessington Adebutu, who is said to have spent between N200m to N300m to host his daughter-Temitope's superlative wedding a while ago, contributed not less than N600M, towards the ambitions of the new Governor-Elects. If that staggering amount is not massive, then we don't know nothing then. The truth is, what is N600 Million not including how much he must have contributed towards his own blood son's ambition, to a man who once confessed to have lost over 1 billion Naira in a single game in one day!

The renowned octogenarian, he would be 84 come October of 2019 as he was born in October of 1935 is probably one of the most generous Nigerians alive. He is the "king of Lotto" business having been at it now for several decades, it is in fact the business that made him colossally wealthy. He rose from a very humble beginning from his homestead in Iperu-Remo, in Ikenne LGA of Ogun State. He attended Wesley School in Iperu, before coming to Lagos to attend the famous Baptist Academy, Lagos, he went back to Ogun State, Sagamu to be more precise to finish his Secondary School education. After that he began work as a Sales Person and rose to become a Sales Manager, from then he began to think of what to do for himself after stumbling on a book where he read that having a business of his one was the way forward. But without capital, the future looked uncertain but grace worked for him and from that beginning to where he is today.

To really understand how well to do Sir Adebutu is, then you look at how wealthy some of his kids l, likes of Segun Adebutu is. Years back to celebrate his birthday then, the young moneybag flew his family and friends in good number, all expenses paid, nothing spared to have a colossal party and time. That party was a talk of the time at that time.

We hear that all Papa's kids no matter how already made they are, still collect a very generous monthly allowance from their very loving dad. What a way to go. The gentleman of means dotes so much on all his kids and wouldn't allow them make a misstep that could be costly, evidence of that was shown in how he became a guardian angel for Ladi Adebutu who had gambled on the wrong side during the Ogun State Gubernatorial Election 2019, who when he had failed to dislodge Buruji Kashamu to get his party's flag to contest, decided to disrupt the apple cart any way he could, when he placed all his bets on Senator Ibikunle Amosun's candidate, Hon. Adekunle Akinlade, who later lost the election to the now Governor Elect, Prince Adedapo Abiodun, the multimillionaire owner & CEO of Heyden Oil. It was Sir Kessington Adebutu, that engineered the peace move between his son, Ladi and Prince Abiodun, making the 2 men to bury the hatchet or whatever they had between them.




Sunday, May 14, 2017

WHEN OBASANJO AND ADEBUTU SHOOK LAGOS TO ITS MARROW AS OLUJONWO OBASANJO WEDDED TEMITOPE ADEBUTU

Jowon & Tope

Cutting the cake


Alake of Egbaland, Oba Adedotun Aremu Gbadebo III 

Baba Ijebu, Jowon, Temitope & Obasanjo
Gorgeous bride

Much less couldn't have been expected. If it had had less drama then one would have wondered at the pedigree of both parents. On one side, the former military head and later civilian President of Nigeria, Chief Olusegun Obasanjo and on the other side, successful businessmen extraordinary, known better by his moniker as Baba Ijebu, Chief Kessingnton Adebutu, the king of Lotto in Nigeria, chairman Premier Lotto.

By their combination/collaboration, the 2 families gathered together the who-is-who of the society at the venues of the nuptials of their children, Olujonwo and Temitope.

First was the church wedding, which was held at the Methodist Church of the Trinity, Tinubu, Lagos where Reverend Michael Akinwale presided. Reception later followed at the expansive hall of the Eko Hotel and Suites, which was magically transformed to what has not been seen at that venue for a while, and might not be replicated in times to come.

More after the break. Please click on read more below