Money rains on ATIKU presidential ambition as International Businessman, Karim supports with $30Million, promises more
A report doing round across the social media and yet to be confirmed on Wednesday scooped that the renowned international businessman, Kola Karim has donated $30.5 million to boost Atiku campaign.
It was reported that ahead of the 2019 general elections the presidential ambition of former Vice President Atiku Abubakar has received a boost, with the support of international businessman who eagerly ready to donate billions of naira to Alhaji Atiku presidential campaign and also ready to offer his full support for it.
According to the source,”the Ibadan-born billionaire has funded Alhaji Atiku presidential campaign with $30.5million USD and he also promised that in January, 2019, he will also support with additional of N9b naira to make his (Atiku) presidential dream come true in May, 2019.”
Kola Karim is the elder brother of Ayo Karim; who lost out to the CBN top shot; Bayo Adelabu at the APC primaries in Oyo gubernatorial race. Kola, 49, is one of Nigeria’s most successful businessmen and current Chairman of the Board of Directors of Costain (West Africa) plc, Nigerian Ropes plc, and serves as director in seven other companies including Shoreline Power Company Ltd, Shoreline Energy International Ltd, Ecobank Nigeria plc, Schlumberger Testing & Production Services Nigeria Ltd, Trans Amadi Facilities Ltd, Grange Education Ltd and African Eagles plc.
Kola’s principal asset, Shoreline Natural Resources, is the third largest indigenous oil producer in Nigeria listed behind Seplat Petroleum and Aiteo E & P Ltd – Nigeria’s largest independent energy company, which is owned by tycoon Benedict Peters.
Shoreline Natural Resources pumps 55,000 barrels of oil per day, and holds an estimated 1 billion barrels in crude reserves.