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PINCOOP Boss Seeks Equal Opportunities For Real Estate Investors 

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Founder, Paradise Investment Network Cooperative (PINCOOP), Mrs Christy Kanu, yesterday advocated equal opporunities for real estate investors,irrespective of status or income level.
She made the call in Lagos during the inauguration of Paradise Investment Network Cooperative (PINCOOP), a real estate cooperative society.
Kanu, who is also General Managing Director of Paradise International Holdings, said PINCOOP would impact lives as it was set to change the narrative in the real estate sector.
She said the inauguration was borne out of her inability to invest in developed properties at choice areas, years back, as that was almost impossible to afford for a low income earner.
“It’s like a situation whereby the rich gets richer and the poor gets just the crumbs, because I had my money and I went into the real estate market and I found out that I couldn’t invest in some developed property in prime locations.
“I was just left with properties in the outskirts of the city, but i wanted to own a property through which I could generate cash flow, through which I could at least get rental returns yearly,
“But it was not possible because the rates were very high.I wanted developed property that would give good rental income and capital appreciation. It was almost impossible and I thought that wasn’t fair.
“The cost was high because of inflation and rising cost of building materials. So basically, I thought about it and I said no, this market does not offer a level playground for the all networks.” she said.
The GMD added that she wondered how medium and low-income earners would be able to benefit from real estate investment with high prices of properties.
According to her, one needs huge capital to own a property in Nigeria, especially in Lagos and some other major cities.
She said she conceived the idea of the cooperative society and co-ownership of properties to enable the ordinary man i benefit from the real estate sector.
“I want a situation whereby both the rich and the poor benefit equally based on their share in a property without a situation where only the rich get richer and the poor gets the crumbs.
“I just want a situation whereby the market is fair. So we’re just basically disrupting the real estate market place so that everybody will get their own share of interest regardless of your income.” She said.
Mrs Kanu said with a minimum of N50,000 ,low income earners like the market woman , could key into the cooperative, to invest and co-own property in prime locations.
“We are looking at bringing out different real estate products for co-ownership, bringing properties that would bring high yoeld to the co-owner or co-investors as we call them.
“Most property in Nigeria has a 99 years lifeline, so you earn rental income for life. So what we are fostering is to ensure that everybody will be able to partake in this real estate co-ownership platform.” she said.
The real estate boss assured investors that it was not an investment scam as assets could be verified including documents backing the existence of PINCOOP.
Mr Azeez Sadiq and Mrs Olorunkemi Salau, both Community Development Officers at Eti Osa Local Government,presented present PINCOOP with certificate of registration and recognition at the inauguration.
Mr Sadiq said the certificate was to recognise the operation of PINCOOP within Eti-Osa Local Government, and most importantly in Lagos State. (NAN)

 

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No Aso Rock Kitchen Staff Attempt To Poison Tinubu –Presidency

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The Presidency has dismissed circulating social media reports alleging that kitchen staff at the Aso Rock Presidential Villa were arrested over an alleged plot to poison President Bola Tinubu.

Special Adviser to the President on Information and Strategy, Bayo Onanuga, made the clarification yesterday on his official X account where he shared a video of the report and categorically denied it.

The video purportedly shows activity at the presidential villa, accompanied by a voiceover reporting the incident.

The video claimed, “Today we examine reports surrounding the shocking arrest of a presidential chef over an alleged plot to poison President Bola Ahmed Tinubu, an incident that has prompted swift intervention by a special police squad and triggered heightened security measures within the presidential environment.

“According to preliminary information from security sources, the arrest followed intelligence alerts suggesting suspicious activities connected to food preparation procedures within restricted areas linked to presidential operations.

“Authorities moved quickly after receiving credible reports that indicated a possible threat to the safety of the president, leading to a coordinated investigation involving specialised security personnel tasked with protecting national leadership.

The video added, Officials emphasized that the operation was carried out professionally and discreetly to avoid public panic while ensuring that all potential risks were neutralised.

“The suspect, identified as a member of kitchen staff attached to presidential services, was reportedly taken into custody for questioning as investigators began examining evidence and verifying claims connected to the alleged poisoning attempt.

“Security agencies have urged the public to remain calm, stressing that the investigation remains ongoing and that allegations do not automatically imply guilt until due process.”

However, Onanuga dismissed the report as baseless fake news.

He wrote, “No Aso Rock kitchen staff arrested. No Aso Rock kitchen staff attempted to poison President Tinubu. Please ignore this fake news being disseminated by this video.”

As of the time of going to the Press authorities have not provided further details on the origin of the misleading video or potential motives behind its circulation.

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US, China Clash As Iran TV Confirms Supreme Leader Ayatollah’s Death

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Iranian state television yesterday confirmed the death of Iran’s Supreme Leader, Ayatollah Ali Khamenei, without referring to a massive US and Israeli attack on his residence.

A presenter on state television announced Khamenei’s death at 5:00 am (0130 GMT), as the channel broadcast archive images with a black banner as a sign of mourning.

Khamenei, 86, had been Iran’s supreme leader since 1989.

US President, Donald Trump, had on Saturday said that Khamenei had been killed in air strikes, though there has been no confirmation from Tehran.

“Khamenei, one of the most evil people in History, is dead,” Trump said on his Truth Social network.

“This is not only Justice for the people of Iran, but for all Great Americans, and those people from many Countries throughout the World, that have been killed or mutilated by Khamenei and his gang of bloodthirsty THUGS.”

Trump said the Iranian leader had been “unable to avoid our Intelligence and Highly Sophisticated Tracking Systems.”

The US President said the death of Khamenei gave Iranians their “greatest chance” to “take back their country.”

“We are hearing that many of their IRGC, Military, and other Security and Police Forces no longer want to fight and are looking for Immunity from us.

“As I said last night, Now they can have immunity, later they only get death! Hopefully, the IRGC and Police will peacefully merge with the Iranian patriots and work together as a unit to bring back the country to the greatness it deserves.

“That process should soon start in that, not only the death of Khamenei but the country has been, in only one day, very much destroyed and, even, obliterated.

“The heavy and pinpoint bombing, however, will continue, uninterrupted throughout the week or, as long as necessary to achieve our objective of peace throughout the Middle East and, indeed, the world!” Trump posted.

However, China has strongly condemned the attack and killing of Iran’s supreme leader.

A Chinese foreign ministry spokesperson condemned the killing yesterday when asked to comment on the death of Iran’s Supreme Leader in the military strikes launched by the United States and Israel on Saturday in Tehran.

The attack and killing of Iran’s supreme leader is a grave violation of Iran’s sovereignty and security, said the spokesperson, adding that it tramples on the purposes and principles of the UN Charter and basic norms in international relations.

China urges for an immediate stop to the military operations, no further escalation of the tense situation and joint effort to maintain peace and stability in the Middle East and the world at large, the spokesperson added.

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Banigo Harps On Importance Of Nurturing Girl-Child …Says Everyone Is A Leader On His Own Right

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The Senator representing Rivers West Senatorial District, Ipalibo Harry Banigo, has urged Nigerians, particularly women, to recognise that leadership exists at every level of society and that everyone is a leader within their own space.

Banigo made this call in Port Harcourt at the weekend during her Induction/Decoration as an AWLO Life Patroness, Unveiling of AWLO’s 2026 Magazine and Relaunch of the Rivers State Chapter.

Speaking with newsmen after the induction, the former Rivers State Deputy Governor emphasised the importance of nurturing and mentoring young girls, warning that neglecting the girl-child comes with far-reaching consequences for society.

According to her, investing in the growth and development of young girls is crucial to building a responsible and progressive nation.

“Well, everybody, to be honest with you, is a leader in their own space. If you lose your girlhood, you have lost your life. That is why it is important to catch them young,” she said.

“All my life, I have worked with young women because I believe that as we mentor them, they are meant to learn from us for the fulfilment of their God-given purpose,” she added.

The lawmaker further stressed the need for urgent and deliberate steps to ensure women are not left behind in national development, noting that any neglect of women ultimately affects the entire system and the larger society.

She highlighted education, healthcare, and skills acquisition as critical areas of focus, while calling for sustained efforts to keep girls in school and enable them to advance as far as their abilities permit.

Banigo also underscored the need for improved healthcare facilities to prevent maternal mortality and deaths from preventable diseases, while also advocating for vocational training and skill development opportunities for girl child.

According to her, raising responsible girls ultimately leads to building responsible adults and, by extension, a stronger and more purposeful society.

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