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4/12/2018 BREAKING NEWS: Obasanjo Farm’s Chickens Flood United States…African Stores in Texas make Fortune from Sale

rom Sale *Ota Farm R…

3:23 pm - Sunday April 12, 6871

breaking: END OF THE ROAD: Hardened Gunmen Raid Vaults of Banks in


daylight Robbery…Attack Police Station in Kwara state *17 people Killed
including EIGHT police officers shot dead at the station * Three other died at
Offa’s general hospital *Flee scene in their convoy with an undisclosed haul of
cash * ‘We are offering 5 million Nigerian naira cash for information leading to
the arrest of the culprits’-Kwara State Gov. Abdulfatah Ahmed * ‘SEVEN
people had been arrested so far for their suspected involvement in the attack’-
Kwara State Police spokesman Ajayi Okasanmi Jeffrey *’Incident was savage
attack on unsuspecting citizens and establishments. No stone will be left
unturned until the perpetrators are caught”-Senate President, Bukola Saraki
BY DAYO ELEMODE/REPORTER, KWARA STATE 04.09.2018 |
breaking: CONFESSION: ‘I AM Guilty of $2million FAKE Business Deal
with some AMERICAN Companies’-ADEYEMI ODUFUYE, Nigerian born
Undergraduate in Britain …Plead to charges of scamming a Torrington
company out of more than $500,000, Faces over 20 Years in Prison *Suspect
sent dozens of emails to the comptroller of a Torrington company, prompting
a transfer of over $500,000 from company accounts *Dismissed as a student
of Sheffield Hallam University, extradited from the United Kingdom * Bears
FAKE names as ‘Micky,’ ‘Micky Bricks,’ ‘Yemi,’ ‘GMB,’ ‘Bawz,’ ‘Jefe’ *Found to
have sent five wire transfers totaling more than $500,000 to accounts in
Virginia, Florida, Washington, D.C., and Hong Kong *FBI identified 36 wire
confirmations in e-mail accounts utilized by (Odufuye) and others from
September 2015 to May 2016, totaling more than $1.6 million BY GEORGE
ELIJAH OTUMU/AMERICAN FOREIGN BUREAU CHIEF & TOM
ILUPEJU/CRIME WRITER IN UNITED KINGDOM 04.09.2018 |
breaking: SHAMEFUL: NIGERIAN Conman, DONATUS EMEKA
ONYEJIUWA Defrauds Bangladeshi Varsity Don of $3,308…Arrested, Placed
on 2-day Remand in Sylhet *Suspect is King of International gang which
conned Tk4.76 lakh out of a SUST professor *Arrived Bangladeshi for 3
months, Detained by Detective Branch police at a hotel on the Dhaka-Sylhet
highway * Deceived Prof. Faruque Miah of Genetic Engineering dept. at
Shahjalal University of Science and Technology over FAKE academic confab in
USA *Case filed with Shah Paran police station under the Special Powers Act,
1974 BY LUKMAN JUBRIL/ANTI-GRAFT REPORTER, Live in Bangladeshi
04.09.2018 |
breaking: TRENDING NEWS ON NIGERIAN MOVIE ABROAD: OSUN THE
goddess movie BREAKS into AMERICA’S Hollywood Market…Red Carpets
slated 5pm for April 15, 2018 at Citiplex-Newark, 360-394 Springfield Avenue,
Newark, NJ 07103 * Nollywood Yoruba Epic to be only US showing till the
Nigerian version premieres later this Spring, Movie in Yoruba subtitled in
English language * Osun the goddess is an allegory showing the power of Osun

https://nigeriastandardnewspaper.com/ng/obasanjo-farms-chickens-flood-united-states-african-stores-in-texas-make-fortune-from-sale-ota-farm-rakes-in-250000-
4/12/2018 BREAKING NEWS: Obasanjo Farm’s Chickens Flood United States…African Stores in Texas make Fortune from Sale *Ota Farm R…

in the struggle against rape, abuse and violence against women. Osun stands
for female empowerment and the upliftment of women *This film gives a
unique glimpse into the proverb-filled traditional Yoruba culture which has
had profound influence throughout * Cast features Nollywood stars as:
Murphy Afolabi, Faithia Balogun, Femi Branch, Ade Edetunde and Florence
Trautman among others * * Executive Producer is FLOXY BEE, the Queen of
Hikosso Music, Nigerian singer who also acted, composed and performed
music in the film *Author of these books in USA: ‘Importance of Greetings in
the Yoruba Culture,’ Who’s Osun the goddess?’ BY GEORGE ELIJAH
OTUMU/AMERICAN FOREIGN BUREAU CHIEF 04.09.2018 |
breaking: CRUEL & SHOCKING: NIGERIAN FAMOUS Musician, ZAINAB
NIELSEN (Alizee), 4 year old Daughter Killed by European Husband in
Banana Island Apartment, Lagos…Over Misunderstanding, Jealousy *Police
discovers marks of violence on bodies, homicide unit is investigating * 29 year
old Deceased musician billed to perform April 29 in the southern city of Warri
* Danish Husband, Peter Schau Nielsen blames the Devil for action * Last year
she signed a lucrative deal with Japan-based Petra Entertainment BY JOYCE
NWACHUKWU/ENTERTAINMENT WRITER, LAGOS 04.09.2018 |

BREAKING NEWS: Obasanjo


Farm’s Chickens Flood United
States…African Stores in Texas
make Fortune from Sale *Ota
Farm Rakes in $250,000 Daily as
Proceeds *Nigeria’s former
President Net Worth hits
$1.3billion *Why He Can Never Be
Probed, Poor Again *PLUS:
Squanders Sani Abacha’s
N100billion Loot
Written by EDITOR-IN-CHIEF | July 15, 2016 |

https://nigeriastandardnewspaper.com/ng/obasanjo-farms-chickens-flood-united-states-african-stores-in-texas-make-fortune-from-sale-ota-farm-rakes-in-250000-
4/12/2018 BREAKING NEWS: Obasanjo Farm’s Chickens Flood United States…African Stores in Texas make Fortune from Sale *Ota Farm R…

Obasanjo Farm’s Chickens Flood United States…African Stores in Texas


make Fortune from Sale

*Ota Farm Rakes in $250,000 Daily as Proceeds

*Nigeria’s former President Net Worth hits $1.3billion

*Why He Can Never Be Probed, Poor Again

*PLUS: Squanders Sani Abacha’s N100billion Loot

BY GEORGE ELIJAH
OTUMU/CONTRIBUTING EDITOR, HOUSTON,
TEXAS

HE’S regarded in Diplomatic circles and among


members of International Community as a ‘Fox’, ‘a
cat with Nine Lives.’ Nigeria’s former president
Olusegun Obasanjo is not just intelligent, but endowed with profound
native wisdom to navigate the vicissitudes of life. He’s highly passionate
about Nigeria’s progress, which is why he find it extremely difficult to
keep mute and not pass his own comment on ‘Nigeria’s State of the
Nation’. By all standards, he is a billionaire, a farmer, an entrepreneur
and smart businessman. As at today, all over North America, Texas
precisely where the highest number of Africans in America reside,
Obasanjo Farm’s frozen chicken has become a household name as the
majority of Africans always ensure they place order and buy the
chickens to have a ‘feel’ of Nigerian true delicacy.

Our correspondent observed that due to high demand of Obasanjo


Farm’s chicken by majority of Africans and many Mexicans, the
chickens are mostly sold-out. From famous African shops like ‘Africana
International Market’, Asafo Market’ and South West Farmers’ Market,
only the latter sell Obasanjo Farm’s chicken which has become one of
the selling strengths for South West Farmers’ Market. From Houston,
Grand Prairie to Arlington in Texas where South West Farmers’ Market
have branches, Africans and Mexicans are often on long queue to
purchase this deliciously-tasty chicken.

https://nigeriastandardnewspaper.com/ng/obasanjo-farms-chickens-flood-united-states-african-stores-in-texas-make-fortune-from-sale-ota-farm-rakes-in-250000-
4/12/2018 BREAKING NEWS: Obasanjo Farm’s Chickens Flood United States…African Stores in Texas make Fortune from Sale *Ota Farm R…

Chatting with one of the employees of South West Framers’ Market


(who would not want his name in print since he is not permitted to
speak to the press) confessed that since the arrival of Obasanjo Farm’s
chicken into their stores, sales have tripled which made all the staff
happy.

His words: “Lots of Africans and Mexicans visit our stores regularly to
buy Obasanjo Farm’s chicken, Snail, Fresh fish, Meat-pie, fresh
tomatoes, yams, Garri, Fufu, Yam Flour and other African food items
which will sell at affordable rates. We have heard from many Africans’
feedback that thy use Obasanjo Farm’s chicken to prepare sweet soup
and stew. Since 6 months ago, we have noticed that lots of Mexicans
who patronize us always place order for Obasanjo Farm’s chicken. It is
good to know we are selling fast and making waves in North America.
We accept all credit and debit cards for purchase of groceries.”

But on our numerous visits to Africana International Market, we


observed the store does not sell Obasanjo Farm’s chicken, but specialize
in selling Ijebu Garri, Fufu, Ewedu, Overseas phone cards, Nigerian
designed jeweleries. Their strength lies in Overseas money transfer
service to Nigerians sending money directly into their loved ones.

In Asafo market, there is no trace of Obasanjo Farm’s chicken in their


fridge, but you conspicuously see Cow Skin (Ponma), Turkey, Ola Ola
Fufu, Wheat, Ghana Garri, Kenke, Yam, various condiment for soup
delicacy and Ghana’s clothes on sale.

Ota Farm Rakes in $250,000 Daily as Proceeds

Meanwhile, Otta Farm, a huge agricultural estate owned by Obasanjo


provided jobs for 6,000 youths instead of them (the youths) being idle.
OBJ as fondly called put this initiative into action so that the youths can
channel their energies into worth-while ventures instead of being
National Security risks. This position was reportedly echoed by Elder
Daniel Atsu, Group Managing Director/Chief Executive Officer for
Obasanjo Holdings Ltd, parent body for Obasanjo Farm when he said:
“The decision of the former president to invest in the country is aimed
at creating huge jobs for the youths. This is why OBJ created 6, 000 jobs
in Otta Farm for the youths.”

Some years ago, a statement credited to Obasanjo through one of the


news media revealed that the president’s farm makes an average of
$250,000 a day which calls for celebration and a thorough review. At

https://nigeriastandardnewspaper.com/ng/obasanjo-farms-chickens-flood-united-states-african-stores-in-texas-make-fortune-from-sale-ota-farm-rakes-in-250000-
4/12/2018 BREAKING NEWS: Obasanjo Farm’s Chickens Flood United States…African Stores in Texas make Fortune from Sale *Ota Farm R…

the then exchange rate of 138 Naira to a dollar the General must be
making over 34.5 million Naira per day and with an average of five
working days the farming is grossing 172.5million Naira a week, with 50
weeks of work excluding 2 weeks to clean up and maintain the farm the
Ota farm must be grossing averagely 8.3 billion Naira in a year. You can
imagine how much Otta Farm is making now that the exchange rate of
One dollar goes for N345! The above analysis makes the farm one of the
most lucrative businesses in Africa.

That means with a lucrative investment that yields over 57 billion


annual revenue, it would not be out of place to assume that this
company is actively playing it’s social responsibilities in Ota
community, giving scholarships to Ota indigenes, participating in
community, schools and police developments within that community.
Certainly, this company is assumed to be actively involved in keeping
Ota in the fore front of Nigeria economic advancement.

According to World Bank, Nigeria is classified as mixed economy


emerging market, which has reached lower middle-income status. It’s
the 5oth largest export market for United States’ goods and the 14th
largest exporter of goods to the US. The Nigerian Stock Exchange is the
second largest in Africa and Nigeria was once ranked 30th in the world
in terms of GDP. Today, Nigeria is the US’ largest trading partner in
sub-Saharan Africa and supplies a fifth of its oil.

OBJ Squanders Sani Abacha’s N100billion Loot

When providence entrusted Nigeria into the hands of Obasanjo in 1999


as a Civilian President, he received from General Abdusalam Abubakar,
a former Nigerian Head of States, properties worth N100 billion,
including cash items of $625,263,187.19; 75,306,886.93 pounds sterling
and N100,000,000; yet refused till date to account for the money or the
properties. These Properties/Assets belonging to Late General Sani
Abacha are: Plot 135(A6), House No. 12, Zaire Crescent, Maitama; Plot
574 (A4), Yakubu Gowon Crescent near ECOWAS Secretariat, Asokoro;
Plot 2824 (A6), Block No. 17, along Danube Street, Maitama; Plot 650
(A6), Rhine Street, Maitama; Plot 1487 (A4), Justice Mamman Nasir
Street; Plot 2480 (A6) Alvan Ikoku Street, Maitama; Plot 636 Adeyemo
Alakija Street, Victoria Island (Cowry House). Finally, 30 per cent
shares valued at $420,000 USD, in West African Refinery, Sierra Leone
(Purchased from UNIPETROL).

https://nigeriastandardnewspaper.com/ng/obasanjo-farms-chickens-flood-united-states-african-stores-in-texas-make-fortune-from-sale-ota-farm-rakes-in-250000-
4/12/2018 BREAKING NEWS: Obasanjo Farm’s Chickens Flood United States…African Stores in Texas make Fortune from Sale *Ota Farm R…

In addition to the properties listed there were the following cash items:
$625,263,187.19; 75,306,886.93 pounds sterling and N100,000,000. In
those days with the US dollar exchanging for N130 per dollar and a
pound fetching N250, the total Abacha loot alone Abubakar handed to
Obasanjo’s government was about N100 billion. That was just from the
first set of loot found in Nigeria. You can imagine how much fund and
properties were forfeited by Abacha’s National Security Adviser,
Ismaila Gwarzo, Mohammed Abacha, Abdulkadir Abacha, Alhaji Bashir
Dalhatu and Chief Tony Ani. Then you will begin to understand why
Obasanjo does not want a probe of the Abacha loot.

Nigeria’s former President Net Worth hits $1.3billion

A recent Net Review of World’s Head of State online by an International


Review panel showed that Nigeria’s Obasanjo have a Net Worth of $1.3
billion and many of his co-ex Presidents live as billionaires. Truth is,
Presidents of many nations are millionaires and even billionaires.
Sometimes this is from the wealth needed to obtain political position,
and sometimes it is the result of taking a high percentage of the wealth
in the country as personal assets. In many countries, simply doing
business in that country requires payments to officials in order to keep
the process moving. Italian Prime Minister Silvio Berlusconi is worth
$9.4 billion, hence Nigerian President Olusegun Obasanjo is worth $1.3
billion. President Robert Mugabe of Zimbabwe is worth $3 billion.

Why He Can Never Be Probed, Poor Again

As at today, Obasanjo is more highly adored and respected outside the


shores of Nigeria, which was unanimously, he was appointed Chairman
of council of world ex-presidents. OBJ made history as the first African
to be appointed at the 32nd annual plenary meeting of world ex-
presidents in Newport, United Kingdom recently. He took over from
Franz Vranitzky who was a former chancellor of Austria from 1986-
1996 before he later became chairman of world ex-presidents chairman
on 1st July 2010 and served till June 2015. Being the Chairman of World
ex-Presidents, with strong Diplomatic contacts in United Nations,
friend to every government in power in Nigeria and strong network in
World Bank additionally to the fortune of $250, 000 daily generated as
profits in Ota firm, it is crystal clear OBJ cannot probed and would
never be poor again.

https://nigeriastandardnewspaper.com/ng/obasanjo-farms-chickens-flood-united-states-african-stores-in-texas-make-fortune-from-sale-ota-farm-rakes-in-250000-
4/12/2018 BREAKING NEWS: Obasanjo Farm’s Chickens Flood United States…African Stores in Texas make Fortune from Sale *Ota Farm R…

The InterAction Council of former Heads of State and Government was


established in 1983 and it is an international organisation,whose
objective is to address political,economic and social problems
confronting humankind.

Filed in: Nigeria

EDITOR-IN-CHIEF
View all posts by EDITOR-IN-CHIEF →

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