January 8, 2025
Atiku

In order to centralize operation and pursue better efficiency in his businesses, former Vice President of Nigeria, Atiku Abubakar has announced a migration of all his business outfits into an umbrella brand known as the Priam Group.

Atiku, a business tycoon and industrialist is the founder of a number of businesses spanning several sectors of the economy including manufacturing, media, banking, logistics, agriculture, printing, education, eateries, beverages, real estate and animal food processing. He is also a principal shareholder in many more companies both within and outside of Nigeria.

Under the new arrangement, many of the business concerns wholly connected to Atiku Abubakar will come under one brand and one common management. The new brand known as Priam Group will take over assets and liabilities of the existing companies including, more especially, staff emoluments and other welfare.

Atiku believes that this process of restructuring will bring operating efficiency, cost control and good corporate governance to the group companies and will also allow it to focus on future growth opportunities. To this end, Priam Group has completed its feasibility study for the construction of a rice milling company by the River Benue in Adamawa and has plans to (by June 2020) commission its Abuja animal feeds factory after some delays in getting the factory equipment. The group is also looking to actively expand its bottling capacity to cover whole of north and is investing in expanding its Logistics fleet to service the future capacity expansion. The future plans also entail having a larger footprint of its chicken cottage brand and wider reach for its Television channel by going on Satellite.

Given the challenges associated with the processes of this kind of restructuring, it is not uncommon that some of the companies which migration has yet to be perfected will experience some difficulties in carrying out their day to day mandates. It is also not unexpected that a restructuring procedure of this size and nature would come with some likely job rationalisation especially, since each of these entities has its own finance, admin, marketing, HR and ancillary support operations which would now be consolidated and undertaken at the group level.

In specific reference to some of the news reports in the media regarding Gotel Communication – Gotel TV and Radio – have been migrated to the Priam Group structure. The Group structure is the one responsible for the salaries of workers in the two media outfits. What is, however, being experienced now is the teething problems associated with the integration, with Gotel being a late entrant to the process. It will ease out. Already payment of outstanding salaries commences today, 24 December.

7 thoughts on “Atiku Restructures Businesses Under Umbrella Brand.

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  2. 花蓮外送茶:精選安全便捷的外約服務攻略

    引言
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  3. Services for Checking USDT for Restrictive Measures and Transaction Purity: Money Laundering Prevention Strategies

    In the modern realm of digital currencies, where rapid deals and privacy are becoming the standard, tracking the lawfulness and clarity of activities is vital. In view of heightened administrative examination over money laundering and terrorist financing, the demand for reliable instruments to authenticate deals has become a major matter for crypto users. In this piece, we will explore existing services for monitoring USDT for restrictive measures and deal integrity.

    What is AML?

    Anti-Laundering strategies refer to a set of supervisory steps aimed at preventing and identifying money laundering activities. With the growth of cryptocurrency usage, AML measures have become exceedingly critical, allowing users to manage digital resources with assurance while lessening perils associated with prohibitions.

    USDT, as the most popular stablecoin, is broadly used in diverse operations globally. Yet, using USDT can entail several hazards, especially if your capital may tie to unclear or illegal maneuvers. To reduce these threats, it’s crucial to take leverage of tools that check USDT for prohibitions.

    Available Services

    1. Address Validation: Utilizing specialized tools, you can confirm a certain USDT address for any ties to prohibited directories. This aids identify potential links to illicit activities.

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    Conclusion

    Checking USDT for prohibitions and transaction clarity is becoming a necessary step for anyone enthusiastic to continue within the regulations and support high levels of openness in the cryptocurrency domain. By interacting with reliable services, you not only protect your resources but also help to the joint effort in combating illicit finance and terrorist financing.

    If you are prepared to start leveraging these offerings, examine the existing services and choose the one that best meets your requirements. Bear in mind, data is your advantage, and prompt operation validation can save you from a variety of issues in the future.

  4. Offerings for Checking USDT for Embargoes and Deal Purity: Money Laundering Prevention Strategies

    In the modern world of virtual currencies, where rapid deals and obscurity are becoming the standard, tracking the validity and clarity of activities is vital. In recognition of increased administrative oversight over financial misconduct and terrorism financing activities, the necessity for efficient means to validate deals has become a key matter for digital asset users. In this text, we will explore existing solutions for monitoring USDT for prohibitions and operation integrity.

    What is AML?

    Anti-Laundering strategies refer to a series of compliance steps aimed at preventing and discovering dirty money activities. With the growth of virtual currency usage, AML practices have become exceedingly crucial, allowing clients to deal with digital assets with assurance while lessening hazards associated with embargoes.

    USDT, as the most popular stablecoin, is widely used in various operations internationally. Nevertheless, using USDT can involve several risks, especially if your capital may relate to opaque or illegal activities. To reduce these concerns, it’s imperative to take benefit of services that assess USDT for restrictive measures.

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  5. The Vatican Museum: A Journey Through Time and Art

    Nestled within the Vatican City, the Vatican Museums stand as one of the most iconic cultural institutions in the world. With their unparalleled collection of art and history, they offer an extraordinary experience for visitors from all walks of life. Housing over 70,000 works of art, with 20,000 on display, these museums are a testament to humanity’s enduring quest for beauty, knowledge, and spirituality.

    A Brief History

    The origins of the Vatican Museums trace back to 1506 when Pope Julius II acquired a marble statue known as “Laocoon and His Sons.” This masterpiece marked the beginning of what would become one of the most extensive and revered art collections in the world. Over the centuries, successive Popes expanded the collection, commissioning and acquiring works from renowned artists and civilizations spanning millennia.

    Today, the Vatican Museums are a series of interconnected museums and galleries, showcasing art and artifacts from ancient Egypt, classical antiquity, the Renaissance, and beyond. They serve as a bridge between the past and present, inviting visitors to immerse themselves in a world of creativity and devotion.

    Highlights of the Vatican Museums

    1. The Sistine Chapel:
    The Sistine Chapel is arguably the crown jewel of the Vatican Museums. Michelangelo’s breathtaking frescoes, including the iconic “The Creation of Adam” and “The Last Judgment,” adorn its ceiling and altar wall. These masterpieces are considered some of the greatest achievements in the history of art, offering a profound spiritual and artistic experience.

    2. Raphael Rooms:
    Commissioned by Pope Julius II, the Raphael Rooms showcase the genius of Renaissance artist Raphael. The “School of Athens,” a depiction of classical philosophers, is a standout piece that exemplifies harmony, perspective, and intellectual depth.

    3. Gallery of Maps:
    A visual feast for cartography enthusiasts, the Gallery of Maps features 40 detailed topographical maps of Italy, meticulously painted by Ignazio Danti in the late 16th century. The vibrant colors and intricate details make this gallery a must-see.

    4. Gregorian Egyptian Museum:
    For those intrigued by ancient civilizations, the Gregorian Egyptian Museum offers a fascinating glimpse into Egypt’s history. With mummies, statues, and papyri, it transports visitors to a time of pharaohs and pyramids.

    5. Pinacoteca:
    The Pinacoteca, or picture gallery, houses an impressive collection of paintings from the Middle Ages to the 19th century. Works by Leonardo da Vinci, Caravaggio, and Titian are among its treasures.

    Tips for Visiting the Vatican Museums

    Book Tickets in Advance: The Vatican Museums attract millions of visitors annually. To avoid long queues, consider purchasing skip-the-line tickets or guided tour packages online.

    Choose the Right Time: Visiting early in the morning or late in the afternoon can help you avoid peak crowds. Wednesday mornings are especially busy due to the Pope’s weekly audience.

    Dress Appropriately: As a religious site, the Vatican has a dress code. Ensure your shoulders and knees are covered to gain entry.

    Take a Guided Tour: To fully appreciate the history and significance of the collections, opt for a guided tour. Expert guides provide insightful commentary, enriching your experience.

    Allocate Sufficient Time: The museums are vast, and exploring them can take several hours. Prioritize your must-see areas and allow time to soak in the ambiance.

    The Cultural Significance of the Vatican Museums

    The Vatican Museums are more than a repository of art; they represent a convergence of faith, culture, and human achievement. They bear witness to the Catholic Church’s role in preserving and fostering artistic expression throughout history. The collections highlight the interplay between spirituality and creativity, offering visitors a profound connection to the divine and the universal human experience.

    Practical Information

    Location: Vatican City, accessible from Rome.

    Opening Hours: Typically open Monday through Saturday, with limited hours on Sundays. Check the official website for holiday schedules.

    Tickets: Standard entry fees vary, with discounts available for students and children.

    Accessibility: The museums are wheelchair accessible, with lifts and pathways designed for visitors with mobility challenges.

    The Vatican Museums are a treasure trove of art, history, and spirituality, offering a transformative journey through humanity’s creative and cultural legacy. Whether you are an art aficionado, a history enthusiast, or a spiritual seeker, the museums promise an unforgettable experience. Plan your visit today to explore one of the world’s greatest cultural landmarks and discover the timeless beauty that lies within its walls.

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