News
“We Only Have one NALCOMA”-President

The President of the National League
Club Owners and Managers Association (NALCOMA) Chidi Okonkwo has come out hard on assumed Southern Clubs Conference, saying that they have only one NALCOMA with a well constituted executive.
Okonkwo who is the Chairman Of City FC of Abuja said the group are made up of three or four administrators who are seeking for attention in realm of things.
It could be recalled that the group has accused the NALCOMA executives of taking decisions that affects the clubs without consulting them.
According to the Conference “as much as we respect the rights and privileges of NALCOMA to engage the leadership of the League Body on issues bothering on the general interests of the Clubs, it is our submissions however that the Clubs, particularly through the leadership of the two (2) Conferences should have been duly consulted, briefed and allowed to escalate the debate and accordingly in order to be on same page and more particularly to prevent a seeming embarrassment that the unilateral and dictotarial actions have visited on the Southern Conference Clubs in particular by getting to know and even read for the first time, response of matters on their behalf through social media platforms”.
Responding further on this, the President of NALCOMA said “as duly elected executives of the club owners, we have the right to interface with the League body on issues that affects the generality of the clubs, which we do regularly”.
Continuing Okonkwo who is the former Chairman of Delta Force said “If we are elected, we have all the rights to speak on behalf of the clubs, and there are no division whatsoever in NALCOMA, and there is no way two or three clubs can come up with their personal imaginations and fabricating what is not existing. This is not accepted at all”.
He concluded by advising the individuals to concentrate on bettering the fortunes of their various clubs, and allow NALCOMA executives to carry out its assigned duties.
News
Ogunlesi backs Tinubu reforms as FIRS chairman Adedeji highlights export-led economy

Joel Ajayi
After a high-level meeting with President Bola Tinubu in Abuja, Nigerian-born global investor Adebayo Ogunlesi expressed renewed confidence in the country’s economic reforms, indicating potential mega investments across energy, aviation, and port sectors.
He was joined in that optimism by Zacch Adedeji, Executive Chairman of the Federal Inland Revenue Service (FIRS), who stressed that the reforms were laying the groundwork for an export-driven economy.
Speaking to journalists after the closed-door meeting, Ogunlesi praised the sweeping policy changes under Tinubu’s administration, including the removal of subsidies, tax reforms, and the revival of a refinery already exporting aviation fuel.
“We had an excellent meeting where we discussed how to put Nigeria front and center for international investment. The President was very encouraging, and we shared useful suggestions on driving economic growth,” Ogunlesi said.
Although he declined to reveal specific details, Ogunlesi confirmed that his firm is actively investing in Nigeria and assessing new opportunities.
“Watch this space. Nigeria is not yet the most exciting investment destination, but that’s what we are working on,” he teased.
Pressed on the sectors of interest, Ogunlesi highlighted energy, gas, aviation, ports, and renewables. Drawing on his firm’s experience with LNG projects in Texas and Australia, he noted Nigeria’s massive untapped gas reserves.
On aviation, he acknowledged his reputation as “the guy who bought Gatwick Airport” and signaled interest in similar ventures locally.
He also admitted that one of his companies operates ports in Cotonou and Lomé but none in Nigeria, a point Tinubu reportedly challenged him on.
“He forgave me but said, ‘you have to bring port investment to Nigeria,’” Ogunlesi recounted with a smile.
International investor Hakeem Bello-Osagie, who was also present, underscored the importance of diaspora participation in Nigeria’s growth story.
“When Nigerians at home and abroad invest in Nigeria, it sends a strong signal to the world,” he said, lauding Tinubu’s policies for making the country “investable.”
Echoing the sentiment, FIRS chairman Adedeji described the reforms as the foundation for an export-led economy.
“We’ve done the fundamentals, and now it is time to deliver growth,” he said.
With global players signaling confidence, the momentum for Nigeria’s economic repositioning is gaining ground, setting the stage for transformative investments in key industries.
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