Ayiri Emami
The talk in town presently is that billionaire Niger Delta Chieftain Ayiri Emami is not enjoying the best of business times.
Emami, who has carved a niche for himself as a big spender is presently stylishly withdrawing from his old habits of doling out money, fast cars and other choice playthings of life to his friends, supporters and associates.
It is also believed that his influence among the war lords in the business of petroleum property protection has equally waned when compared to before.
Presently, information at the disposal of www.theoctpusnews.com reveals that to hide the real situation of his finances Emami has gone underground preferring to remain in the enclaves of his Lekki home and only surfacing in Abuja occasionally to lobby for one contract or the other.
A source, revealed how about five weeks ago, the businessman stormed the office an old banker friend of his in Lagos State lamenting the situation of things, as he told the banker that the funds that used to rain in before in torrents are now drizzling.
Investigations also revealed that most of the very lucrative contract that Emami had been doing all this while, which rakes in major money are set to expire come April 2014 and will not be renewed in his favour due to the emergence of new and much more powerful war lords.
This will definitely spell more doom for him.
Emami’s woe is also tied to the fact that some certain elements who help him monitor the petroleum facilities of the Federal Government from which he makes tons of money have now become god fathers themselves and have taking over his major clientele.
Whichever way you look at it, the proud one known as the Akulagba 1 among his cronies is definitely facing a hard time.
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