Category Archives: News

Blogger Adefela Adeigbe Faces Legal Action Over Alleged Misinformation About Coco Samba

By Ibrahim Kegbegbe

Adefela Adeigbe, the blogger behind ‘Eko Mi Eko E’, found himself in legal trouble after being arrested on Saturday, August 10, 2024, for allegedly spreading misinformation about the popular product Cocosamba.

He was granted bail from police custody and voluntarily reported to the Ibafo Police Station on Monday, August 12, 2024. Subsequently, he was taken to the Ogun State Magistrate Court to face charges of defamation under Charge No. MO/577C/2024.

The controversy stemmed from a post on ‘Eko Mi Eko E’ where he published unverified reports with the caption: “Cocosamba Sexual Stimulant Can Kill”. The claims were not verified by any credible source or regulatory authority.

So, he was in court to prove that Cocosamba could be harmful by presenting evidence from the laboratory where he conducted tests. Additionally, to also bring forward an individual who claimed that the product almost caused severe harm but he could not present any evidence.

During the court proceedings before Magistrate Somefun, Adeigbe pleaded not guilty to the charges and opted for trial at the Magistrate Court instead of the High Court. His legal counsel promptly applied for bail, which was granted, pending further proceedings.

Legal Charges Against Adefela Adeigbe:

The charges filed against Adefela Adeigbe include:

Count 1: Adefela Adeigbe on 08/08/2024 at about 1530hrs in Ibafo, Ogun State, in the Obafemi Owode Egba Magisterial District, defamed one of Bullion Go-Neat Global Limited’s products, Cocosamba herbal mixture, on his blogger platform ‘Eko Mi Eko E’ and reposted on social media that the product “CAN KILL”, thereby committing an offense punishable under section 375 of the Criminal Code Law of Ogun State.

Count 2: Adefela Adeigbe on the same date, time, and place in the aforementioned magisterial district conducted himself in a manner likely to cause a breach of peace by publishing Bullion Go-Neat Global Limited’s product, Cocosamba herbal mixture, on his blogger platform ‘Eko Mi Eko E’ and reposting on social media that the product “CAN KILL”, thereby committing an offense punishable under section 249 of the Criminal Code Law of Ogun State.

Date of Arraignment: 12/8/2024

Prosecuting Officer: ESP. SOLOTAN KAZEEM

In response to the allegations, Mr. Oguntade Samuel Oluseyi, Manager of Bullion Go-Neat Global Limited, expressed concern over the dissemination of false information about their product. Addressing journalists, he emphasized that Adeigbe’s case should serve as a warning to others spreading fake news.

Oluseyi reaffirmed the company’s commitment to consumer safety and compliance with regulatory standards. “The misinformation circulated by Mr. Adefela Adeigbe regarding Cocosamba is deeply concerning,” he stated. “Our product undergoes stringent quality controls and adheres to all regulations set by the National Agency for Food and Drug Administration and Control (NAFDAC).”

Expressing dismay over the potential harm caused by such misinformation to the company’s reputation and business, Oluseyi urged the public to verify information from credible sources before dissemination, as he felt that the misinformation has caused financial loss, business goodwill and has also affected the integrity which the company has built over a long period.

“We apprehended Mr. Adefela Adeigbe for publishing false news about our product, Cocosamba,” Oluseyi remarked. “This should serve as a lesson to those engaged in such activities. We are committed to ensuring that perpetrators of misinformation face the full consequences of the law.”

The company has reported losses exceeding 5 billion Naira due to persistent misinformation spread about the Nigerian local manufacturing company, Cocosamba, over the past six months.

“Adefela Adeigbe, a junk journalist, has consistently rewritten and featured this false narrative. The critical question remains: what does Adefela Adeigbe stand to gain by orchestrating the downfall of this local manufacturing company in Nigeria?” Oluseyi said.

Bullion-Go-Neat Global Limited has accused multiple bloggers of defaming its products by fabricating and spreading false information across various social media platforms. The company contends that these deliberate falsehoods aim to tarnish its business reputation, erode customer trust, and inflict substantial financial losses.

According to the company’s legal representatives, these actions contravene Section 24(2)(c) and Section 25(1) of the Cyber Crime Act 2015, as well as Sections 375, 376, and 125 of the Criminal Code Act. They assert that the accused individuals have caused significant economic and reputational harm.

“We have previously addressed some of these bloggers through petitions to the Commissioner of Police, and we remain committed to pursuing legal recourse against others involved in such malicious activities,” a legal representative of Bullion-Go-Neat Global Limited stated.

The company emphasizes its intent to seek justice and uphold its reputation amidst what it describes as damaging attacks on its business.

During an interview, Adeigbe informed our correspondent that he is a Mechanical Engineering graduate from Ladoke Akintola University of Technology (LAUTECH), Ogbomosho. Investigations revealed that Adeigbe has no formal training in journalism.

Adeigbe’s arrest highlights authorities’ serious approach to combating inaccurate information and the potential legal repercussions for offenders. Investigations are ongoing, with authorities warning against the propagation of unverified health claims.

This incident underscores the importance of responsible journalism and the risks associated with publishing unverified information that could endanger public health and safety.

Oluseyi, however, urged members of the public and media to call 0811 249 9333 or send a message to info@bulliongloballtd.com for any enquries.

TAGS : Bullion Go-Neat Global, Coco Samba, Legal Action

Ambassador Ajadi’s Commitment to Excellence Recognized with Prestigious Award

By Ibrahim Kegbegbe

In a glittering ceremony held at Bullion Go-Neat Global Limited headquarters, Ibafo, Ogun State on Saturday, 10 August, 2024, Ambassador Olufemi Ajadi Oguntoyinbo, CEO of Bullion Go-Neat Global Limited and Bullion Records, was awarded the prestigious “Recognition of Excellence” by CEO Comrade Oguntade Samuel Oluseyi.

The event, attended by eminent personalities including Barrister Femi Aina of NNPP and executive figures from Bullion Records, celebrated Ambassador Ajadi’s profound contributions to Nigeria’s political and entertainment landscapes.

Golden Anointed Global Limited, renowned for its diverse services encompassing event planning, branding, and online news publication, hailed Ambassador Ajadi as “an astute leader with a heart of gold.” Comrade Oguntade Samuel Oluseyi praised Ajadi’s unwavering commitment to governance and infrastructure development, describing him as “the golden lion whose passion for excellence inspires us all.”

Addressing the audience, Ambassador Ajadi expressed gratitude for the honor, stating, “I am humbled to receive this award, which reflects our collective dedication to advancing societal growth through innovation and leadership.” He emphasized the importance of collaboration in achieving sustainable development goals across sectors.

The award plaque, presented amidst applause, bore the inscription, “Your scintillating passion for excellence makes us continually emulate you.” The ceremony underscored Ambassador Ajadi’s pivotal role in fostering community engagement and socio-economic progress.

Noteworthy personalities in attendance included Barrister Femi Aina, Ogun State chairman of the New Nigeria People’s Party (NNPP), and executive figures from Bullion Records, including Financial Director Comrade Kilamuwaye Badmus, Marketing Head Mr. Gbenga Olaitan Awoeyo, Head of Legal Department Barrister Isaac Izuyan, Comrade Shuaib Ibrahim, Comrade Omokehinde Olowu, and Hon. Fatai Adenaya Modawoni.

TAGS:  Bullion Global, Ambassador Olufemi Ajadi, Prestigious Awards.

Bullion Boxing Promotional Limited Celebrates Victory as Muyideen Oyakojo Triumphs Over Kazeem Oliwo in Thrilling Bantamweight Bout at Lagos National Stadium

In a thrilling bout at the National Stadium, Surulere, Lagos, Muyideen Oyakojo of Bullion Boxing Promotional Limited emerged victorious against his contemporary, Kazeem Oliwo, in the bantamweight division competition.

The event, held on Wednesday, June 12, 2024, was part of the Ring Bragging Right of Super Supporting Bouts organized by the Lagos Boxing Initiative and overseen by the Nigerian Boxing Board of Control (NBB of C).

Under the keen supervision of referee Seyi George, Oyakojo secured his win in the fourth round. The three judges, Judge Segun Adesanya, Judge Tayo Olaifa, and Judge Yetunde Alimi, unanimously scored the fight 40-35 in favor of Oyakojo, highlighting his dominance throughout the bout.

This victory not only marks a significant milestone in Oyakojo’s career but also underscores the growing impact of Bullion Boxing Promotional Limited, a subsidiary of Bullion Go-Neat Global Limited.

Recently, the NBB of C awarded Bullion Go-Neat Global Limited a promotional license, numbered NBBofC/24/006, authorizing them to organize professional boxing tournaments across Nigeria until December 31, 2024.

The official certificate presentation took place at the Brai Ayonote Gymnasium Complex, National Stadium, Surulere, Lagos, with the President of the NBBofC, Dr. Rafiu Oladipo, and Secretary-General, Remi Aboderin, in attendance. This license, endorsed by the Grand Patron, the President of the Federal Republic of Nigeria, reflects Bullion Go-Neat Global Limited’s commitment to enhancing Nigeria’s boxing landscape.

Ambassador Olufemi Ajadi Oguntoyinbo, CEO of Bullion Go-Neat Global Limited, expressed his pleasure at witnessing the Lagos State Boxing Initiatives.

“It is a pleasure to witness the Lagos State Boxing Initiatives, showcasing the diverse talents that have long existed within Nigeria’s boxing scene. Bullion Boxing Promotion, a company dedicated to scouting talents across various African countries, plays a significant role in this endeavor,” he said.

He further advised aspiring boxers to remain focused and dedicated. “My advice to these aspiring boxers is to remain focused. As the saying goes, a journey of a thousand miles begins with a single step. This signifies the importance of dedication and effort in achieving success in life and future aspirations.”

Speaking on Oyakojo’s victory, Ambassador Ajadi highlighted the boxer’s potential. “Muyideen Oyakojo, brimming with talent, is the reason we have gathered today to witness his debut promotional fight.

Bullion Boxing Promotion’s primary mission is to nurture and promote emerging boxers, providing them with a platform to shine on the global stage. Muyideen is one of our promising talents, and with God’s grace, he will become a renowned name worldwide.”

Expressing his gratitude, Oyakojo said, “I am deeply grateful to Bullion Boxing Promotion for their unwavering support and belief in me. Their dedication and commitment have been instrumental in my victory over Kazeem Oliwo.

This win is not just mine but ours, as a team. Thank you for providing me with the platform and resources to excel. Together, we will achieve even greater heights.”

One of the prominent personalities who witnessed the Lagos Boxing Initiative, along with other Nigerians, is Alhaji Ademola A.J. Otolowo. He is a distinguished UK-based music promotion executive, renowned for his 100% Entertainment ventures in the United Kingdom.

The event drew a notable audience, including celebrities and executives from Bullion Records, another subsidiary of Bullion Go-Neat Global Limited.

Among the attendees were Fortune Kingsley Ukeme, known as GyC, along with Bullion Records’ top executives, including Managing Director Mr. Femi Ajibola, Financial Director Comrade Kilamuwaye Badmus, Head of Marketing Mr. Gbenga Olaitan Awoeyo and the Head of Media and Publicity Secretary, Mr. Ibrahim Taofeek Kegbegbe.

The Nigerian Boxing Board of Control, established in 1949, has been instrumental in the development of professional boxing in Nigeria. With Bullion Go-Neat Global Limited now actively contributing to the sport’s promotion, the future of Nigerian boxing looks brighter than ever.

TAGS:  Bullion Boxing Promotional, Muyideen Oyakojo, Bantamweight Bout

Nigerian Boxing Board of Control Grants Promotional License To Bullion Go-Neat Global Limited

By Ibrahim Kegbegbe

Lagos, Nigeria – The Nigerian Boxing Board of Control (NBB of C) has awarded a promotional license to Bullion Go-Neat Global Limited, authorizing the company to organize professional boxing tournaments throughout Nigeria for the year 2024.

The official certificate presentation occurred at the Brai Ayonote Gymnasium Complex, National Stadium, Surulere, Lagos.

The NBB of C, established in 1949 after two years of oversight by experts Nnamdi Azikiwe and Billy Moore, is responsible for regulating and managing professional boxing activities in Nigeria.

The board has played a pivotal role in the development of boxing in the country since professional activities began in 1947.

The newly granted license, numbered NBBofC/24/006, allows Bullion Go-Neat Global Limited to host boxing events with approval from the NBBofC or the relevant State Council.

The license, endorsed by the Grand Patron, the President of the Federal Republic of Nigeria, is valid until December 31, 2024.

Bullion Go-Neat Global Limited, a diversified company active in manufacturing, sports, real estate, and hotel management, also operates subsidiaries such as Bullion Boxing Promotional Limited and Bullion Records, specializing in artist management and promotion.

The company also functions as a brand communication and marketing agency, offering strategic and creative services to enhance brand image and market share for businesses.

Read also: Bullion Records CEO Celebrates Wife’s Birthday with Heartfelt Wishes and Praise

In an interview, Coach Michael Jumbo of Bullion Go-Neat Global Limited handed the license to the company’s CEO, Ambassador Olufemi Ajadi Oguntoyinbo.

Ambassador Ajadi expressed gratitude to Dr. Rafiu Oladipo, President of the NBBofC, and Remi Aboderin, Secretary-General of the NBBofC, for their roles in facilitating the licensing process.

“I commend the dedication of Dr. Rafiu Oladipo and Remi Aboderin in issuing this promotional license to our company. Their passion for nurturing young Nigerian boxers is evident,” stated Ambassador Ajadi.

He highlighted the significance of this development for aspiring boxers in Nigeria.

“The issuance of this license to Bullion Go-Neat Global Limited signifies hope for young Nigerians who lack sponsors to showcase their talents to the world. I believe this will help them realize their dreams,” he added.

Ambassador Ajadi also shared his broader vision for sports and entertainment in Nigeria. “I am a lover of all kinds of sports and entertainment, be it football, boxing, musical talents, or other genres.

My goal is to discover and nurture talented young Nigerians, providing them a platform to shine globally,” he affirmed.

With this new license, Ambassador Ajadi’s commitment to fostering talent and promoting sports in Nigeria is set to open doors for many young athletes, offering them opportunities to excel and gain international recognition.

Tags: Ajadi, Bullion Global LTD, Boxing

Official Statement – Safety Assurance of Cocosamba Milk and Chocolate Flavoured Drink with Herbal Extract

Official Statement – Safety Assurance of Cocosamba Milk and Chocolate Flavoured Drink with Herbal Extract

We, Bullion Go-Neat Global Ltd, wish to address recent concerns surrounding our product, Cocosamba Milk and Chocolate Flavoured Drink with Herbal Extract. We affirm that our herbal mixture with Herbal Extract , bearing NAFDAC Number A8-9149L, is unequivocally safe and suitable for consumption.

In response to previous publications, we issued a cautionary statement, alerting the public to the unfortunate falsification of our product by criminal elements seeking to exploit its global popularity. NAFDAC, in collaboration with us, has confirmed that the authentic product carries the registration number “A8-9149,” while the falsified version displays “A4-9149.”

As a company dedicated to our customers’ well-being, we are actively collaborating with law enforcement and relevant agencies to identify and apprehend those responsible for the production and distribution of counterfeit product. Their deceitful actions aim to capitalize on the widespread acceptance of our genuine product, but we assure the public that their activities will be curtailed.

We call upon media organizations to disseminate accurate information to the public, emphasizing the safety and authenticity of Cocosamba Milk and Chocolate Flavoured Drink
With Herbal Extract with NAFDAC Number A8-9149L.

Rest assured, we remain committed to upholding the highest standards of integrity and serving the public with the utmost respect.

Thank you for your understanding.

Signed,

Management of Bullion Go-Neat Global Ltd

Bullion Go-Neat Global Fights Counterfeiting Of Coco Samba

Manufacturers of Coco Samba variants, Bullion Go-Neat Global Limited has embarked on concerted action over the counterfeiting of the premium brand.

As part of the bid to state the facts as they are, the company stormed the secretariat of the Commerce & Industry Correspondents Association of Nigeria (CICAN), yesterday providing perspectives on the counterfeiting issue.

The team, led by Managing Director)Chief Executive, Ambassador Olufemi Ajadi Oguntoyinbo, began by bemoaning that the smear campaign had cost the company collosal loses in revenue but however expressed the gratitude that the National Agency For Food And Drug Administration And Control (NAFDAC) was already on top of the matter.

Expressing confidence in NAFDAC ability to get to the roots, Ajadi said the company was equally equally using its channels towards unravelling those behind the campaign of calumny, threatening legal action against anyone found culpable

He shared with the correspondents, acknowledged copies of letters sent to the relevant agencies including NAFDAC on tissue of faking of the product, dismissing outright, insinuations of acquisance.

In one of the letters addressed to NAFDAC,, the company had stated:

“We are writing to address recent reports that have surfaced on some online news platforms concerning the counterfeiting of a prime brand on our stable.

“This complaint specifically highlighted the counterfeiting of our product, Cocosamba Milk and Chocolate Flavored with Herbal Extract, which carries the legitimate NAFDAC registration number A8-9149L.

“What is not however true, is, the insinuation that we have been indifferent to the situation”.

“As a company, we have been proactive in addressing the issue by lodging a formal complaint earlier in 2022 with the Director of the Investigation & Enforcement Directorate at the National Agency for Food and Drug Administration and Control (NAFDAC) in Apapa, Lagos”..

“The managing director, Ambassador Olufemi Ajadi Oguntoyinbo and the entire management team have been shocked by the circulating news and want to assure our stakeholders that all necessary actions are being taken to promptly address this issue ”

The company also clarified that before registration of Cocosamba Milk and Chocolate Flavored with Herbal it was producing Cocosamba Bitters Alcoholic drinks with NAFDAC No A8-4418L. However, due to low market demand, the production of Cocosamba Bitters Alcoholic Drink was discontinued, and it has not been in production since the expiry date of the license.

It reiterated its  commitment to upholding high standards in its manufacturing processes, adding:

“We commend NAFDAC for its pivotal role in ensuring manufacturers comply with statutory laws related to standardization.

“Attached herewith is a copy of the letter previously submitted to NAFDAC, outlining our concerns and seeking their intervention. We encourage the public to await the outcome of the ongoing investigation and appreciate the continued support and understanding of our customers, importers, distributors, and healthcare providers”, the company said in the letter.

TAGS: Bullion, Coco Samba, Counterfeiting

Bullion Go-Neat Global Limited petitions NAFDAC, seeks clarification over reports of falsified product

Bullion Go-Neat Global Limited has again challenged the National Agency for Food and Drug Administration and Control (NAFDAC) to expose those responsible for counterfeiting its product known as “Coco Samba Milk and Chocolate Flavored With Herbal Extract.”

The manufacturing company via a statement noted that NAFDAC also need to show transparency and credibility by doing everything necessary to back up its report on falsified Coco Samba products.

The company averred that clarifications become necessary after NAFDAC released a statement alerting the public on falsified Coco Samba that was allegedly intercepted in Germany.

According to NAFDAC, investigation revealed that the product with “A4-9149” is falsified and different from that obtained from the NAFDAC database “A8-4418L” for the genuine product.

Meanwhile, Bullion Go-Neat Global Limited and its CEO, Ambassador Olufemi Ajadi, on Sunday, clarified that the company has stopped producing the product with registration “A8-4418L”

“It is imperative to clarify that prior to the registration of Coco Samba Milk and Chocolate Flavored with Herbal Extract, our company produced Cocosamba Bitters Alcoholic drinks with NAFDAC No A8-4418L. However, due to low market demand, the production of Coco Samba Bitters Alcholic Drink was discontinued, and it has not been in production since the expiry date of the licence,” the CEO of Bullion Go-neat Global Limited stated.

Ajadi also confirmed that the genuine registration number for Coco Samba Milk and Chocolate Flavored with Herbal Extract is A8-9149 and not A8-4418L as reported by NAFDAC.

Manufacturer Responds to Reports of Counterfeit Coco Samba, Says It Alerts NAFDAC Earlier

In response to a recent reports circulating on some Online media platforms regarding the falsification of Coco Samba Herbal Mixture, the manufacturers of the product, Bullion Go-Neat Global Ltd, has issued a comprehensive statement to address the allegations, saying the falsified products are not from its stable.

The Managing Director of the Company, Ambassador Olufemi Ajadi Oguntoyinbo said earlier in 2022, the company lodged a formal complaint with the Director of the Investigation & Enforcement Directorate at the National Agency for Food and Drug Administration and Control (NAFDAC) in Apapa, Lagos, regarding the counterfeiting of their product, Cocosamba Milk and Chocolate Flavored with Herbal Extract, bearing NAFDAC registration number A8-9149L.

He said it is crucial to note that before the registration of Cocosamba Milk and Chocolate Flavored with Herbal Extract, the company had been producing Cocosamba Bitters Alcoholic drinks with NAFDAC No A8-4418L.

He said that however, due to low market demand, the production of Cocosamba Bitters Alcoholic Drink was discontinued, and the product has not been in production since the expiry date of the license.

“Bullion Go-Neat Global Limited, in response to the recent news, expressed its unwavering commitment to maintaining high standards in its manufacturing processes.

“The company commended NAFDAC for its role in ensuring that manufacturers comply with statutory laws related to standardization.

“The General Manager of the company, Oguntade Samuel Oluseyi highlighted this commitment during the company’s end-of-year gathering”, Ajadi said.

The Managing Director, Ambassador Olufemi Ajadi Oguntoyinbo, said himself and the entire management team of Bullion Go-Neat Global Limited expressed shock at the circulating news and assured stakeholders that all necessary actions would be taken to address the issue promptly.

He gave copy of the letter previously submitted to NAFDAC, outlining the company’s concerns and seeking intervention to Journalists.

He said Bullion Go-Neat Global Ltd encourages the public to await the outcome of the ongoing investigation and appreciates the continued support and understanding of its customers, importers, distributors, and healthcare providers.

” The management and staff of the company have initiated efforts to identify individuals responsible for counterfeit products.

” They have pledged to collaborate with the Investigation and Enforcement Directorate at the National Agency for Food and Drug Administration and Control (NAFDAC) in reporting and taking action against anyone found guilty of this illegal offense”, he assured.

He said the company will be ready to provide further information or inquiries, when and where such is demanded.

TAGS: Coco Samba, Bullion Go-Neat-Global, NAFDAC

Bullion Go-Neat CEO Olufemi Ajadi bags 7 awards

The CEO of Bullion Go-Neat Global Limited, Olufemi Ajadi Oguntoyinbo, shone brightly at the 2024 Bullion Go-Neat Limited New Year Party, held at the company’s headquarters in Torotoro Oremeji, Ibafo, Ogun State on Monday, January 1, 2024.

The accomplished business mogul, renowned for his philanthropic endeavors, emerged triumphant, securing a remarkable seven awards during the prestigious event.

WAI-ERO & ASSOCIATES bestowed upon Ajadi the Award of Excellence, recognizing him as the role model and most idealistic client of the year 2023. Adding to his accolades, GREEN & WHITE NIGERIA Achievers Award presented him with the Distinguished Award of Excellence 2023/2024, acknowledging his achievements, charity work, volunteerism, and impactful lifestyle, deeming him the “Philanthropist of the Year.”

Notably, Torotoro Youths honored Ajadi with the “Man of the Year” award for his outstanding leadership. Christian Youths in Politics (CYP) recognized his moral and financial support, presenting him with the 2023 Award of Excellence. The Yoruba Newspaper, BO SE RI, recognized Ajadi’s support for the poor and vulnerable, awarding him for aiding individuals in realizing their dreams.

In recognition of exemplary leadership, visionary guidance, and unwavering commitment to innovation, the Entrepreneur Personality of the Year 2023 was also awarded to Ajadi by the staff of Bullion Go-Neat Global Limited.

“Your indomitable spirit and transformative impact on the entrepreneurial landscape inspire us all. This is presented by the dedicated staff in gratitude for your outstanding contributions to our collective success,” the staff representative stated.

The Ogun State Barbers Association (OSBAN) also commended Ajadi for his significant contribution to the growth of barbers and the development of the association.

In a humble and honored response during an interview, Ajadi expressed gratitude, stating, “I am truly humbled and deeply honored to receive these seven prestigious awards at the 2024 Bullion Limited New Year Party.”