AMBODE’S BAKERY WORTH OVER N200MILLION

AMBODE’S BAKERY WORTH OVER N200MILLION 

 

A MODERN BAKERY IN NIGERIA

BY ABDULMUMINI ADEKU.

The bakery of Lagos state first lady, Mrs Bolanle Ambode is belileved strongly not to be less than N200 Million in terms of worth if evaluated as we now believe.

Forensic Checks by the News Office Desk of Paedia Express Multimedia as at press time in Lagos shows that the beautiful mother of set of twins was currently making efforts to expand the bakery as she settles down to her ceremonial but juicy role as  the wife of the Lagos State Governor.

In an exclusive investigations on the prized asset of the Lagos first family  located at Georgious Cole Private Estate around College Road in Ifako –Ijaiye in Lagos,.Nigeria ,it was discovered that the first lady has concluded plans to buy and renovate a new building at Odo Eran area near Mobil Fuel Station in Ogba,Lagos for Rehoboth Bakeries new brand positioning campaign.

An impeccable source who knows the inner mechanisms of the bakery disclosed that the outfit was initially called Victory Bakery before Mrs Ambode  brought it over in a major acquisition drive and then changed its name to Rehoboth in 2007.

The  source explained that the bakery hit a rough patch sometimes in 2011 and 2012 when a lady simply called Yewande made away with huge sums of money.

According to the source ,upon interrogation at the time  a sum of N4million was found in her drawers aside from revelations that she had built at least 2 houses and brought vehicles from proceeds of stolen money from the bakery.

The source noted that the lady in question was he bread winner of her entire family at the time of the startling discovery .

The source lamented that the fraud shook Mrs Ambode to her foundations as she had over the years built a lot of trust in the lady only for her to finally mess things up due to her greed.

The source also recalled  how one of their friends whom he simply referred to as Biggy,amy be on account of his size had tried to  use Mrs Ambode’s barrenness at some point in the early years of her marriage in making money from her by conspiring with spiritualists to dupe the first lady.

It was gathered that at least three officials of the bakery were later handed over to security operatives over the sad incident and drilled for several days until they had to pay N20,000 each to get bailed.

He added that his best pal in the bakery,Mr Bolaji who was now based in Port Harcourt ,Rivers state  ,was Mrs Ambode’s favourite on account of his hardworking nature but in the end he left for greener pastures over what was said to have been a salary dispute at the time.

The source affirmed that Rehoboth’s bakery as at press time owns at least two big ovens for bakery with one of it being used on a daily basis while the remainder is in reserves.

The source added that at least one of the oven machine was worth N50million even as he added that there were several other tools in the bakery.

Rehoboth Bakery products  are  found as far as Ibadan within the South West axis of Nigeria as the company currently uses two giant sized  hummer buses for distribution of its products.