x

Bizman threatens action against Vision FM owner over N71m Debt


By Gabriel Udeh, Kaduna


Kaduna based businessman and Chairman, Chief Executive Officer, CEO, Dialogue Group, Dialogue Global Links Ltd, Dr Muhammad Mahdi Shehu has threatened to take action against Umar Farok, the chairman and Chief Executive Officer of private Radio Station, Vision FM, over N71,700, 000. 00 debt owned him.

Dr. Mahdi explained that the Vision FM radio station owner, Umar Farok is over exploiting his magnanimity and patient over the debt that has dragged for more than 45months.


In a documents signed and made available to our correspondent, Dr Mahdi stated that he sold his property located at Farm Center in Kano state at the considerable rate of N275,000,000.00 since may 2017.

In the statement dated 27th  March 2021, Dr Mahdi  lamented that between June 2017 and 2020, Farok made staggered payments totally N194 million with the last payment of N2 million in May 2020.

Chairman of Dialogue Group, in a letters addressed to the Vision FM CEO stated that he gave Farok full physical possession of the property in question and all the equipment as well as the property original title documents.

According to Mahdi, he’s aware that the property has been put into full commercial usage by Farok and earning some revenue out of it, saying the gesture was his display of rare magnanimity, patience and brotherhood “all in good faith”.


“This is in to allowing you to occupy one of my properties in Kaduna where you operate your Kaduna Radio station free of charge of any payment burden. It’s in view of all the above and many other silent reasons that iam writing to request that you make an immediate arrangement to pay the balance of the over N71 million on or before 7 April 2021.

In the unlikely that I do not received full payment of the amount (as in 9 above) I’ll be left with no option but to take further steps as necessary to recover the said balance”, Mahdi threatened in an earlier letter.


The duo have been best of friends until recently when the Vision FM radio station in Katsina became a platform where people loyal to the State Government used to defame the character of Dr Muhammad Mahdi Shehu and his family, according to him.

Dr. Mahdi said Farok denied him or his supporters same opportunity to use the same platform to react to alleged malicious statements against him by people he described as miscreants using gutter language to paint him red, black and Malou, adding ” I’ve evidence”.

Hot this week

US Military Intervention: China Warning

In the northeast, Boko Haram and its splinter groups...

FG Inaugurates Inter-Ministerial Committee to Enforce Ban on Single-Use Plastics Nationwide

By Francis WilfredThe Federal Government has inaugurated an Inter-Ministerial...

Non-Indigenes Commend Gov. Uba Sani for Inclusive Governance in Kaduna

By Achadu Gabriel, KadunaNon-indigenes in Kaduna State have applauded...

Delta Lawmakers Endorse Tinubu, Oborevwori as Sole Candidates for 2027 Elections

By Anne AzukaServing and former members of the Delta...

Kano Governor Urged to Reinstate Former Transport Commissioner Amid Bail‑Surety Row

Civil‑society groups and a prominent human‑rights lawyer on Thursday...

16-Year-Old OAU Student Wins N1m at 2025 NCDMB National Essay Competition

By Amgbare Ekaunkumo, YenagoaA 16-year-old, 200-level Medicine and Surgery...

North Central Bleeding: Security Implications on the Seat of Power

By IDRIS ABUBAKARNigeria’s North‑Central region is bleeding under the...

FG to Review Private Security Companies Act to Meet Global Standards, Says Interior Minister

By Francis WilfredThe Federal Government has announced plans...

TCN Begins Maintenance on Aja–Alagbon 330kV Transmission Line in Lagos

By Jabiru HassanThe Transmission Company of Nigeria (TCN) has...

Delta Lawmakers Endorse Tinubu, Oborevwori as Sole Candidates for 2027 Elections

By Anne AzukaServing and former members of the Delta...

Non-Indigenes Commend Gov. Uba Sani for Inclusive Governance in Kaduna

By Achadu Gabriel, KadunaNon-indigenes in Kaduna State have applauded...

Nigeria Kicks Out 18m Malaria Cases Annually — FG

By Joyce Remi-BabayejuThe Minister of State for Health...

FCT Students Shine at China–Nigeria Cultural Festival

By Joyce Remi-BabayejuStudents from the Federal Capital Territory,...

Related Articles

Popular Categories

spot_imgspot_img