1. Erudit Limited - Registered 2017 as a strategic communications firm.
PRIOR Engagements – Ekiti State Elections, Ondo State Elections, Kano State Elections.
Paid Projects/Contracts with ODSG – None
Role – Principal Consultant
(Please patronize us. We know how to Win Elections, unlike our friends 😊.)
2. Limerit Limited – Created in 2020 to commercialize Brick Technology developed by Mr Ilesanmi Ade Ademola. Bricks were endorsed by the Vice President.
Status – No Bank Account
Paid Projects/Contracts with ODSG – None
Role – Minority Investor
(Please patronize us. These bricks are cheaper than blocks, are bullet proof and are suitable for our environment cause their heat conduction properties are very low)
3. Claribet Consulting Limited – Created in 2020 based on Demand outside of Ondo State to replicate the successes of the BEMORE Foundation renewable energy initiatives.
Status -No Bank Account
Paid Projects/Contracts with ODSG – None
Role – Minority Shareholder
4. Pentagon Motusi – Created in 2021 as an investment arm of Pentagon Movement Group in order to be able to Invest in promising ideas of members of PMG. In other words, an angel investment vehicle. FUN FACT - Motusi is Movement
Status – Only invested in Zee Hub. A innovation hub established by a member of PMG. Zee Hub is a great hub in Ondo Town to learn about strategies to Win elections 😉. I will refer my PDP friends to that HUB to learn a thing or two.
No Bank Account
5. Emerging Communities Africa – Created to Manage the Akure Technology Hub at FUTA. Currently executing a partnership with the European Union. Ondo State is now the primary link between the EU and all Hubs across Nigeria.
Paid Projects/Contracts with ODSG – None
Funding from ODSG to Akure Tech Hub since 2017 - None (ODSG only renovated the building)
OTHER FIRMS LISTED – Not a director or shareholder in any of them.
BIGGEST LESSON: If you are young, make sure you don’t waste time on social media making noise and focus on diversifying your streams of income.
Look at making money from;
1. Things you are passionate about (I’m an engineer but my passion for graphics, photography and strategic comms led to creating Erudit).
2. Your full time job if any.
3. Creating businesses around your core expertise.
4. Strategic Investments in other people/businesses you can afford any. Pentagon Motusi will continue to invest in the great ideas coming out of PMG.
5. Stocks and other financial instruments.
6. Real estate
If you are above 30 in Nigeria and you dont have a firm in your name, ha!
P.S. Babajide is now a DG so he’d have to step down from these firms as stipulated by law. Looking forward to engaging in this new battle ground. It will be exciting.
Have a good weekend folks.
Babajide Akeredolu
DG PPIMU
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