Ex-Gov El-Rufai Announces Formation Of New Company, Says Jimi Lawal, Hafiz Bayero, 2 Others Are Founding Directors, Initial Shareholders

Former governor of Kaduna state, Nasir El-Rufai, has announced the formation of a new company,  Afri-Venture Capital Company Ltd, which  will according to him begin operations next month.

El-Rufai , who is  currently not a public office holder and therefore free to establish a private company,  noted that Jimi Lawal, Hafiz Bayero, Eyo Ekpo and Kabir Yabo are founding directors and initial shareholders.

 Team@orientactualmags.com learned that  Elrufai, who  disclosed  this on X   on Monday, also talked about the company’s vision statement.

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‘MONDAY ANNOUNCEMENT: I can confirm that our VC-PE firm, Afri-Venture Capital Company Ltd will by the Grace of God, begin operations initially in Abuja in January 2024 with Jimi Lawal, Hafiz Bayero, Eyo Ekpo and Kabir Yabo as founding directors and initial shareholders.

I am privileged to be the part-time Chairman of the Board. Please pray for our success and the Nigerian (and in the near future African) innovators and entrepreneurs we hope to finance, nurture, and mentor to be the Dangote Group of the future’ he wrote.

Elrufai , a one -time FCT minister, was among the 48 individuals nominated as ministers by President Bola Tinubu a few weeks ago, and though confirmation hearings were held for them, the senate however refused to confirm the former Kaduna state governor and two others;  Stella Okotete (Delta state) and Danladi Umar (Taraba state).

President Tinubu later  named Abbas Balarabe as Elrufai’s replacement -Team@orientactualmags.com
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