NEWS

I Am Not Good At Making Money – Buhari

Published

7 years ago

December 19, 2017

Reporter

Buhari’s Presidential Broadcast On Twitter

President Muhammadu Buhari has said his major weakness lies in not knowing how to make money.

He also disclosed that he even borrowed money to build his three houses in Daura, Abuja and Kaduna.

The President made this known while speaking on his assets during an Interview with Sun Newspaper.

According to him, “When Murtala/Obasanjo regime came, they made sure that certain grades of public officers must declare their assets when they assumed that office and they must declare when they were leaving. So, when I was sworn in as governor of North East, I declared my assets.

“I declared surprisingly, even the number of my cows then. Even if they were supposed to be producing every year, but I declared them the time I was there. And when I was leaving governorship, I became petroleum minister.

“When I was leaving to go to War College, I declared my assets. I could recall General Jemibewon then, was the Adjutant-General of the Army. He rang me and said he was sending me asset declaration form, that I must fill it, sign it before I left for the United States. And I did.

“General Jemibewon is still alive. And when I became head of state eventually, I declared my assets again.

“So, if you people are serious and interested about political officers becoming multi-billionaires, you can find out from Murtala downwards. And those of us who were not very good in making money you should pity us.

“Everybody likes money but I am not very good at making money. Let me put it that way. I borrowed from the banks to build the house in Daura and the one in Abuja that you mentioned and the one in Kano. The bank then was Barclays, now Union Bank. Kaduna State or North Central then housing scheme and the Federal Mortgage Bank for the house I am in and AIB, which was, I think, terminated by Central Bank. So, when you go through the records, you find out that the houses I built, I borrowed from there.”

MOVIES

“Family Gbese” Earns ₦28 Million In Box Office 2 Weeks After Its Release

Published

3 hours ago

November 25, 2024

Reporter

Family Gbese earns ₦28 million 2 weeks after its release | fab.ng

The Nigerian box office continues to set impressive records, and Family Gbese, Inkblot’s latest feature, is leading the charge. In just two weeks since its release, the film has grossed ₦28.1 million.

According to official data, the movie earned ₦15.2 million in its first week and added another ₦12.7 million in its second week.

This steady performance highlights the growing interest in Nollywood productions and audiences’ enthusiasm for compelling local stories.

Family Gbese tells the story of a young man thriving in his career while dealing with a troubling family issue. His elder brother’s severe gambling addiction lands the family in deep debt with dangerous street gangs.

As tensions escalate, he faces a tough dilemma: protect his family or safeguard his love life. The film dives deep into themes of family, loyalty, and the personal costs of success, resonating strongly with viewers.

Inkblot released Family Gbese in cinemas on November 8, 2024, following the massive success of Muri & Ko, which grossed over ₦100 million.

The film’s director, Michelle Bello, a renowned British-Nigerian filmmaker, brings her storytelling expertise to this project.

She began her career in 2007 as a producer on Moments With Mo and has since directed notable works such as Sesame Street Nigeria.

Her debut feature, Small Boy, earned her nominations at prestigious festivals like the American Black Film Festival.

Bello’s talent was recognised with two African Movie Academy Awards in 2009 and the Trailblazer Award at the 2014 Africa Magic Viewers’ Choice Awards (AMVCA).

The film boasts a star-studded cast, featuring Ireti Doyle, Muyiwa Ademola, Adeniyi Johnson, Yemi Solade, and Fathia Williams.

Other notable actors include Seun Kentebe, Mike Ezuruonye, Teniola Aladese, Lilian Afegbai, Sandra Okunzuwa, Genovevah Umeh, and Susan Peters.

Their powerful performances have captivated audiences, contributing to the movie’s impressive box office success.

Check out more movie updates here.

MOVIES

“Queen Lateefah” Continues Run In Nigerian Box Office With ₦350 Million

Published

6 hours ago

November 25, 2024

Reporter

Queen Lateefah continues run in Nigerian Box Office | fab.ng

Cinemax Nigeria, the distributor of ‘Queen Lateefah,’ announced on Instagram that Wumi Toriola’s debut cinema production had grossed ₦350 million since its release two months ago. This significant achievement marks a new milestone for the Nollywood actress and her film.

The film’s distributor, Cinemax Nigeria, took to Instagram to update its audience on the latest feat the film has attained.

“Queen Lateefah still waxing strong and shining bright! Grossing 350M and 7th Highest Grossing Nollywood Title of All Time! Big thank you to everyone who has seen this masterpiece. You guys are the best,” the post said.

READ ALSO: Everybody Loves Jenifa” Can Beat ₦5 Billion – Funke Akindele

Queen Lateefah, Wumi Toriola’s debut cinema production, has become the 7th highest-grossing Nollywood film of all time.

This milestone comes after a strong opening weekend, where the film raked in ₦57.7 million. This impressive figure made it the highest-grossing Nollywood movie for a non-holiday weekend in 2024. It also set the record for the highest-grossing Nollywood weekend by an independent distributor.

A joint venture between Wumi Toriola Productions and Captain of the Sea Productions, Queen Lateefah delves into the life of Lateefah Adeleke, a 30-year-old businesswoman striving for societal recognition.

Her carefully constructed façade starts to unravel when she encounters Jide Rhodes, a businessman who exposes her true self. The film explores poignant themes of ambition, self-discovery, and the repercussions of living a fabricated existence.

The star-studded cast, featuring Kunle Remi, Femi Adebayo, Nancy Isime, Broda Shaggi, Femi Adebayo, Bimbo Manuel, Elvina Ibru, Enioluwa, and Gbugbemi Ejeye, brings these themes to life on screen.

Check out more updates here.

MUSIC

Wizkid’s “Dance” Reappears On Apple Music Nigeria Top 100

Published

4 days ago

November 21, 2024

Reporter

Kese (Dance) Reappears on Apple Music Nigeria Top 100 | fab.ng

Wizkid’s ‘Kese (Dance)’ Reclaims Top Spot on Apple Music Nigeria

Wizkid’s latest single, ‘Kese (Dance)‘ dramatically returned to the Apple Music Nigeria Top 100 chart. The song temporarily disappeared on November 18, 2024, sparking widespread speculation among fans and music enthusiasts.

Fab.ng first reported the unexpected chart removal. Despite vanishing from the Nigerian chart, ‘Dance’ maintained its position on global Top 100 lists. Remarkably, it remained the sole Nigerian and African track on international charts.

Apple Music’s chart management protocols suggest potential reasons for the temporary removal. The platform commonly investigates potential streaming manipulation. When suspicious activity emerges, they remove and then reinstate tracks after verifying stream authenticity.

Fans and industry watchers developed multiple theories. Some believed the removal resulted from technical complications. Others suspected a deeper investigation into streaming patterns. The exact mechanism remained unclear.

Within hours, ‘Kese (Dance)’ returned to its top chart position. The song demonstrated sufficient streaming strength to reclaim its previous standing. Wizkid’s continued musical dominance remained unquestionable.

The incident generated additional excitement around Wizkid’s upcoming album ‘Morayo.’ Scheduled for release on November 22, 2024, the album generates significant anticipation. Wizkid strategically shared the official tracklist, further fueling fan enthusiasm.

Music industry observers noted the incident’s potential marketing impact. The temporary chart removal inadvertently increased visibility for both the single and the upcoming album. Wizkid’s strategic music release continues to capture the audience’s attention.

The event underscores the complex dynamics of digital music platforms. Streaming charts represent more than simple popularity metrics. They reflect intricate algorithmic and investigative processes.

Wizkid continues to demonstrate his significant influence in Nigerian and global music scenes. ‘Kese (Dance)’ represents another milestone in his remarkable musical journey.

Fans remain eager to experience the full ‘Morayo’ album, anticipating another potential chart-topping release from the superstar artist.

Check out more updates here.