The Kishi Tripod Limited

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The Kishi Tripod Limited Creation of knowledge based economy with focus on how to make housing affordable and improve the ove

22/08/2016

Right to reply to a post posted by one Abdul Salami elsewhere in response to my post on KIT:

I will only respond to the core parts of your posting:

1. I invited Isaiah and every member of the KIT to join me in establishing a private higher Institution in Kishi in 2014 in continuation of my dream of establishing the first University in Kishi.
He then also invited some of his friends to join us.

I have never met nor talked to you in my life until Jare Ojo, around May 2014, mentioned to you that I was working on how we can, through creation of higher institution of learning in Kishi, bring about knowledge based economic development of Kishi and OkeOgun in general. He gave you my number and you called me. I then gave you details on how we can go about it. And to fast-track this development I suggested using crowd funding. Where people can buy shares as little as N1000. You bought into the idea, and you even promised making your land in Kishi available for the project. Low and behold, you already promised that same land to KPU; hence the first hiccup!

So you invited yourself into what I was trying to do; I never invited you. I now curse that day I new you!
(For those interested in all the documents and emails that brought us to this point, you can inbox me).

Majority of the shareholders came in because I was involved. And countless number of my other friends refused to join because of your involvement. Many other friends, uncles, and brothers begged us to keep you at arm-length. Looking back now I can say that they are so right.

Some people became shareholders because you bought shares for them as a gift, whereas, our ground rules frowns at that kind of practice.

2. To date, the expenditure on this Project is close to N100,000,000 (one hundred million Naira). Of this amount, my contribution is 90%.
Naira contributions, range from N1,000 from individual share buyers from our community to the millions I have paid.
Isaiah's Naira contribution to date is N107,500 only.
The reason, that is not in doubt, is that, despite several appeals, other people have not bought much and the mantle always fell on me to buy more to keep the Project moving.
The dollar contributions or share purchases within the same period ranged from $250 by compatriots to over $100,000.00 by my humble self. Here again, of the $133,515.00, my contribution and those of my wives is over 84%.
Isaiah's dollar contribution is $915., which he personally affirmed.
In his manipulative effort to over-price himself, he belatedly tried to claim that his time in googling for items I paid him to check for on the internet should be converted to financial contributions. I actually spent more time than he did for the same exercise rechecking same items and costs.
Neither I nor Dr David Aremu ever tried to put value on our time spent on writing or Dr Aremu's organizing conference calls for KIT).

Seeing what is happening now it would have been very stupid for anybody to contribute more than what they have done so far. Many people among the core group you are berating can put in what you already put in in multiples. They have companies where the yearly turn-over is in billion of Naira.
Personally what you claim to have invested is not even up to half of what I have invested in my factory in Kishi alone.
Assuming you added maturity to what happened shortly after we left Kishi in June, things would have changed for better for KIT in terms of share purchase. Unfortunately, your behavior that everybody that ever had dealings with you, knew you for, just has to manifest itself; and it did in a big way! The manipulation of falsehood and half truth into your reality that you are ready to go to war for.

(a) You never paid me to google anything as you quoted above. Yes you can google if you have the idea of what you are looking for. I have the training and the knowledge to do what I did for KIT, and you do not. That is why you cannot equate your googling to mine.
(b) I paid my way 3 times to Kishi on KIT project without asking for a dime from anybody (that is a total of $ 4,800). You are the first to request for the conversion of your travel expenses to Kishi to shares (I have email to prove this); making me look like a fool.
(c) On two of those occasions, I spent a total of two months in Kishi doing nothing but KIT works.
(d) I see that you easily omitted the fact I did the electrical wiring, did the machine installation and trained people how to use them, guided the design and construction of the workshop, generator house, overhead tank/toilet, provided the design and guided the construction of the new multipurpose building foundation. “ I am sure you can do, and you have done all these too”. Apart from the original idea on how we can go about setting up our knowledge base economy that started the whole of these processes.

Take the money you have invested so far and try to do what we have done so far without involving any one of us that you are crucifying today, and see how far you can go. The fact is that you had the land and have a lot of money as you claimed, why did you not do anything until we got involved?

3. This is a guy who depended on our contributions to pay his way to Nigeria by manipulating our finances, wasted precious time and money in constructing the over-priced :
(A) KIT main gate at over N7,000,000.00
(B) Factory/workshop, with a weak and already cracked foundation and a profusely leaking roof at over N12,000,000.00 which is now being pulled down due to the poor workmanship.
(C) Because of the poor quality of some of the machines Isaiah purchased and his poor understanding of operations of same for which he claims "intellectual property", we had to close the production in the factory.
Please find below the red bricks production which Isaiah spent many man hours but which turned out unusable and the cracked stone crasher that has not produced a ton of granite to date.

As I said above you have the habit of manipulating falsehood and half truth into your reality.
I told you how much money I spent on my travel to Kishi for KIT project; so far, $ 4,800. If you convert it to Naira today it is N 1,920,000. How can I possibly manipulate all the funds you listed to get that money and still achieve what we achieved? Despite the fact that most of what we bought we both saw the price before buying them, and we both agree to buy them. Especially everything we bought outside Nigeria, we have a quotation first, that many among us have seen. The stuff we bought in Nigeria, many a time people are delegated to buy them with many people in the know of how much they cost. Frankly, this is where I find you to be a very dangerous person; you know everything a priori, yet you choose to lie about it!

(A) No fund passed through my hand for the construction of KIT main gate. You send all the money directly to Hakeem and Mr Adeyemo for the project. And you also went to Kishi to spend weeks with them. My only fault is that I kept the record of the money that was spent on the project and nothing else. This project was executed between January 2015 and June 2015; whereas I was in Kishi in October 2014, November 2015, and May 2016. So you, Hakeem and Mr Adeyemo are responsible for the N 7,000,000 expanded on the main gate not me.
(B) Here again is your embellished lies to suit your narrative. The total fund I received for this project is N 9,450,000. The full expense report was published and sent to every member (please find it attached for your perusal).
- The total money spent to build the whole workshop, generator house, overhead tank/toilet, do electrical wiring, pay salaries, paid for factory operations, and machine installations, other accessories is N 8,368,000.
- Borehole, pump, and piping N 680,000
- 30 KVA generator N 255,000
- Hammer mill N 50,000
- Diesel engine to drive the hammer mill N 125,000

If you add all these up they come to N 9,478,000 (see the expense report; some of the major items went through quotes before we settled down on the cheapest quote)

As far as I know, Engr Femi Alao is one of the most successful civil engineer from Kishi with his own private firm. He executed hundreds of more complex and bigger structures than our workshop. He has seen the design of the workshop and approved it, he has been to the site during the construction, and has been in the workshop after the construction, and did not see anything wrong with the building. The only one cosmetic crack you are able to show with your picture to indicate weak foundation was not even at the pole position. The pole foundations hold the whole structure together; and none of the pole foundations has a crack, so what could be responsible for the weak foundation? Now, the workshop currently has an open structure, and we plan to build the wall around it as time goes on. So the open structure, is the one putting strain on the roof, those of us familiar with wind dynamics will attest to that. As a matter of fact before I left I initiated the construction of 3 labs in the north end of the workshop. If that side was built all the way to the roof, it will provide a break in the wind dynamic.
So this structure is being pulled down for reasons that are not well thought out and we are throwing about N 6,000,000 down the drain.

(C) Really! I will forgive you, because I am certain you do not know what you are talking about. The total amount we spent on the machines in the workshop minus the mini-dozer, and the tipper is about $25,000. For all the machines we bought we can only afford entry-level manual or semi-automated machines with low to medium productivity.
- I do not know of the cracked stone crusher you are talking about. The picture you showed is that of the machine when it was not even installed. I installed a fully functional machine. I operated it and trained Niyi and Rafael before I left. The amount of gravel produced in my presence is more than one ton. The video of the machine you have on your KIT created page shows the machine under operation with more than 20 tons of processed granite. Yet you find it convenient to lie again that the machine has not produced one ton! Now, after you chased the boys that are trained to operate the machine away, if the untrained people damaged it that is a different thing entirely. But because you find falsehood convenient, we will never know.
- On the red brick, the laterite we are using has too much stone and less clay. I complained about it; we chased people around to lead us to location we can get laterite with no stone; as far as I can recall that has not happened up till now. We need the right ratio of sand-clay-cement to get a stable brick. Now having said that, we used the brick that were available knowing fully well that they do not have the right quality, to train the bricklayers on how to use these bricks to build a house. That way when I am not around and they are able to get a good quality laterite, and the brick quality improves they can build on the training they received.

Posterity they say, will judge each and every one of us!

Dr. Isaiah Oladeji
A poor fellow!

Please be informed that the sale of The Kishi Tripod Limited, hence, Kishi Institute of Technology shares has been suspe...
20/08/2016

Please be informed that the sale of The Kishi Tripod Limited, hence, Kishi Institute of Technology shares has been suspended until further notice.
The Kishi Tripod Limited, is the authentic owner of Kishi Institute of Technology. Any other website, or page promoting this group or institution is fake and deceptive.
As a group we have rules and regulations, and above all we are answerable to the shareholders. Therefore, we will not allow our name to be used for deception and destruction of what we have used your money to build, as shown in the picture below. This is the picture of a multimillion Naira workshop, that was fully built, equipped and operational, and now completely vandalized by the promoter of this new KIT page without the approval of other shareholders.

BRIEF ON THE LATE PROFESSOR JOSHUA ADENIYI DADA (CON)As we draw nearer to be burial and "homecoming" ceremony of our gre...
13/07/2016

BRIEF ON THE LATE PROFESSOR JOSHUA ADENIYI DADA (CON)

As we draw nearer to be burial and "homecoming" ceremony of our great son, father, brother and statesman, Professor Joshua Adeniyi Dada, it behoves on us to look at the life and times of this great man.
The time and space available for this exercise can hardly be enough to do the required justice to the numerous achievements of this great scholar.
His academic laurels, his social contributions and achievements are just too many to count.

Chief, Professor Adeniyi Dada, Commander of the Order of the Niger (CON), the AGBA Akin of Kishi and holder of several other chieftaincy titles, was a many of many parts.
A literary man of letters, Dada as he was fondly called eventually became a scientist and rose to become a professor of Public Health Education & Promotion. His curriculum vitae run very many pages and is usually very difficult to summarize.
Prof. Adeniyi was a man very close to my heart. He was a man of many parts, gentle, soft, yet strong and firm. He was a man I respected and loved deeply.
A close friend, a loving brother, a humane father and man of genuine humility.
He was a consummate lover of humanity who sacrificed enormous time, energy and resources to the improvement of not just his community but the whole of humanity.

Kishi and several Nigerian communities that honored him with chieftaincy titles are evidences of their appreciation of his contributions to their communities.
Professor Dada related closely and warmly with everyone. He was a friend of everyone, Christian, Muslim, Traditional Worshippers and indeed a bridge builder of repute.

My personal relationship with the late Professor was most cordial and regular till his last breath.
He was at every joyful ceremonial occasion that my family was involved in. From My children and family weddings to regular visits to my 87 year old mum each time he was in Kishi.
My mum would call to tell me to thank Omo Dada each time he visited and and gave her money for upkeep.
Professor Adeniyi motivated me on too many issues and occasions to remember. The most notable was that of my Pet Project - the initial University of Kishi conceived in 2009 which has now been scaled down to The Kishi Institute of Technology.
Prof was the only one who called on me for the update and pushed me on advising and encouraging me !!!

My most unforgettable memories of him include :
Our visit - he, my humble self and Oba Mashoud Lawal Arowoduye II, The Iba Of Kishi to the A*o Rock Villa on a courtesy call to the former President Chief Olusegun Obasanjo.

Our joint encounter with another former President of Nigeria - ABDUL Salami Abubakar at the commissioning of the Kishi Muslim Ummah Hospital in Kishi in 2007

His various visits with me at the residence of my late friend, Arisekola Alao, Aare Muslimu of Yorubaland then,

During the Award Ceremony at the National Conference Center in Abuja at which he bagged the prestigious National Award of the Commander of the Order of the Niger, (CON). ,

The several occasions of our participation at the meetings of the Oke Ogun Elders Forum, in Iseyin, Okeho and other Oke Ogun towns among others.

At each occasion Professor Dada not only impressed me with his gift as a learned and respected scholar but a man of of wit, humor and great intellect.

Because of his awe, aura and simplicity, everyone of my friends, colleagues and acquaintances took special interest in him and keep asking after him even several years after meeting him and up to his demise.

By his death, I lost a friend, a brother,
a father, an adviser and confidant.
The Academic Community has lost a great scholar,
Kishi Community has lost a great patriot,
Oke Ogun lost a fearless fighter for the creation of a new state from the present Oyo State, while NIGERIA, has lost a great Elder statesman.

May his gentle soul rest in perfect peace.

GAS.

KIT stone crusher at work. Do you have gravel needs for your construction? Contact KIT today!
18/05/2016

KIT stone crusher at work. Do you have gravel needs for your construction? Contact KIT today!

24/04/2016

STRATEGY FOR RAISING LOCAL FUNDS FOR THE ESTABLISHMENT OF THE KISHI INSTITUTE OF TECHNOLOGY.

Do you know that the current population of Kishi is between 150,000 and 200,000 ?
And that over half of that population are young males and females?
Kishi and the surrounding towns have a large number of secondary schools that are churning out a substantial number of students on a yearly basis looking for admission into higher institutions of learning (universities or polytechnics, etc…). Can you also imagine the Increase in that number in another 3-4 years from now?
Factor into this, the national admission policy challenges, which include:
1. Merit. 2. State quota. 3. Local Gov't quota 4. Catchment Area Quota etc,

With none of these institutions in our immediate region, how do we and our children fair ?
Obviously NOT good !!!
Outside merit, none of the conditions listed above favor us; plus we do not have godfathers in almost all these institutions of higher learning.

Therefore, this KISHI INSTITUTE OF TECHNOLOGY, is the only hope for our children and many other non-Kishi citizens.
If every Kishi citizen at an assumed conservative estimate population of 150,000, buys shares worth:
N1,000, each, we would raise N150,000,000.00
N2,000, we would raise N300,000,000.00
N3,000, we would raise N450,000,000.00 etc

We therefore encourage EVERYONE to buy as many shares as they can afford for themselves, their spouses & their children. We are not asking for donations, NOT at ALL!
And dividends would be paid to investors in the near future once the institution and her factory are fully functional and profitable.

As you are aware, the Institute’s Main Gate was completed in 2015 while the construction of the infrastructural facilities, factories for fabrication of building materials, etc… are ongoing.

This is the time to contribute to your Community and your Nation's Educational and Social Development, and in the long run, your future Economic Empowerment.

WOULD YOU NOT THEN INVEST?
Buy your shares TODAY at the following BANKS:
1. BANK: STERLING BANK PLC
A/C Name: THE KISHI TRIPOD LTD
A/No. : 0032698951

2. BANK: Guarantee Trust Bank (GTB) PLC.
(Nation-wide)

A/C Name: KISHI INSTITUTE OF TECHNOLOGY LTD.
A/C No. 0164894584

3. BANK: WEMA BANK PLC. (Nation-wide)
A/C Name : KISHI INSTITUTE OF TECHNOLOGY LTD.
A/C No. 0122443680

4. BANK: KISHI MICRO-FINANCE
BANK. (In KISHI).
A/C Name: KISHI INSTITUTE OF TECHNOLOGY Ltd.
A/C No. : 4071000120

Please download or obtain your share forms from our page: THE KISHI TRIPOD LTD, or pay and collect Tellers, from the above bank branches, fill up forms and submit them at our designated points or at our Head Office, ie :
THE MAIN CAMPUS,
The Kishi Tripod (KIT) Workshop #1
Along Kishi - Ilorin Road,
P O Box 003,
Kishi,
Oyo State

Sent from my iPhone

23/04/2016

K.I.T MULTIPURPOSE BULLDOZER (one of the newly acquired machines) IN ACTION ON SITE IN KISHI 23/04/16

UPDATED PICTURES OF EQUIPMENT AND ACTIVITIES AT THE TKT & K.I.T
23/04/2016

UPDATED PICTURES OF EQUIPMENT AND ACTIVITIES AT THE TKT & K.I.T

23/04/2016

THE KISHI TRIPOD AND KISHI INSTITUTE OF TECHNOLOGY.
(UPDATED INFORMATION).

The KISHI TRIPOD LIMITED is a Limited Liability Company, owner of the KISHI INSTITUTE OF TECHNOLOGY- KIT, an Institution incorporated by the NIGERIAN Corporate Affairs Commission.
Following our application for registration, a "NO OBJECTION" letter was obtained from
THE NIGERIAN NATIONAL BOARD FOR TECHNICAL EDUCATION (NBTE) for the establishment of the Institute in 2015.
The process to obtain a LICENSE or CERTIFICATE to operate as a Polytechnic or Institute of Technology is expected to be issued in the next few months while the Institute would most likely take off formally by September of this year, 2016 God willing.
The Kishi Institute of Technology (KIT) is modeled in line with the Massachusetts Institute of Technology (MIT) in the USA to train Nigerians mainly in engineering and technology, Computer Science and some social subjects.
The mother Company, (The Kishi Tripod Ltd) has acquired a plot of land measuring 1.2 kilometers square (122.2 hectares) which has been surveyed and Government Consent (C of O) obtained.
The Company intends to operate and sustain the Educational institution on social cm business entrepreneurial approach and Public, Private Partnership by inviting small and big investors particularly the host Community to ensure they take ownership of the Kishi Institute of Technology which after 3 to 4 years is expected to be upgraded to a University of Technology.
The Company has set up factories that would produce the following:
1. Alternative stable sustainable electric power supply (Aside of the National Grid)
2. Floor and roof tiles and several other modern building materials are expected to be produced to be used for the construction of various buildings at the Institution.
3. Different types of Blocks and Cross-bricks for building construction and the road infrastructure are already being produced on the site.
4. Various earth moving equipment (bulldozers, rollers, tipper trucks), for road and other infrastructure have been purchased and are currently operational.
5. Stone crushing equipment for production of various building materials - granite chips - etc have also been installed on the site.
These factories are being run for some time before the takeoff of the Institute, this September 2016,
God-willing.
The entire Project is moderately phased and would be executed as funds are raised to ensure continuity.
To date, out of the preliminary cost of phase ONE (1) put at ten million dollars, ($10, 000,000.00), equipment, land and other materials so far purchased is estimated at one million US dollars ($1,000,000.00.) This sum has been obtained from the current
"Core Group/members Board of Directors, small and medium scale investors from the Community, while intellectual property contributions from some of our compatriots are yet to be fully costed or valued to enable the Company allot shares appropriately to such Intellectual Property contributors.
While The Kishi Tripod Ltd is not averse to receiving material or financial support from Organizations that wish to support our Social and educational cause, our main focus is on a PROPER or FORMAL BUSINESS VENTURE approach where we want investors to buy shares and together with our people, we run the business and the Institution in the best sustainable manner.
We envisage that this capital intensive Project would cost several millions of dollars, we are hopeful that the initial funds would help generate more funds while profits made would sustain the business and the social and educational aspect of this laudable venture.
This preliminary write up is to sensitize you of the Project.
If you are interested, subsequent write ups would be sent to you with relevant attachments and pictures while questions you pose would be adequately addressed.
The Institution's main gate was commissioned on April 4th 2015.
Some of our equipment for the production of building materials have arrived Nigeria and have been installed on the site, while the construction of the First (1st)
Factory/Workshop was completed in August 2015.
A visit to Kishi, Nigeria for interested parties to evaluate and appreciate the Project at the appropriate time is recommended.
THE KISHI TRIPOD AND THE KISHI INSTITUTE OF TECHNOLOGY WELCOMES ALL AND SUNDRY TO THIS ALL REWARDING VENTURE.

OUR ESTEEMED KISHI TRIPOD AND KISHI INSTITUTE OF TECHNOLOGY SUBSCRIBERS. We are pleased to inform our Core members and o...
30/03/2016

OUR ESTEEMED KISHI TRIPOD AND KISHI INSTITUTE OF TECHNOLOGY SUBSCRIBERS.

We are pleased to inform our Core members and other subscribers of the arrival of the following equipments to Nigeria:
These brand new equipments would complement those purchased and already installed at our workshop/factory at KIT site in Kishi.
The new items: jaw crashers, crawler, bulldozer tipper truck, dirt compactor etc would reduce costs of production of our building materials particularly our various types of blocks in our factory prior to construction of the school buildings.
We would also be able to to crush various sizes of stones and granite for sale to the general public from our "quarry on site".
The equipments would also enable the early construction of road networks and other infrastructure on the institute's layout this April all things being equal.
While commending the efforts of those active core members and other subscribers, especially the various "home-based" Organizers and Committee members for their renewed commitment to move KIT/TKT forward.
It is hoped that more people would rally round this noble Project by buying more shares and taking personal interest by visiting the site as often as they can to monitor activities of the business they are investing in.
Remember that the harder and faster we work, the faster we get closer to achieving our goal.
Members are hereby enjoined to attend the 2016 First Quarter, KIT/KTK MEETING scheduled for Saturday 30th April 2016, at 10.00 am prompt. The venue is the Workshop site of the Institute of Technology, Kishi.

11/09/2015

Dangote Cement, Africa's largest producer of the building material, has cut prices of cement in its home market Nigeria in an attempt to boost cement consumption.

"...culled from Tori Headlines Today"

REALLY ??????????????????????

HOW TRUE IS THIS CLAIM ???????

Chairman, Dangote Group, Aliko Dangote, In an attempt to boost cement consumption, Africa’s largest producer of the building material, Dangote Cement, has cut prices of cement in its home market, Nigeria.

CEO of Dangote Cement, Onne van der Weijde, said in Lagos that the price cuts to its 3X cement brand by N6,000 ($30.23) per metric tonne, translating to N300 reduction per 50kg bag, and allows Dangote to still achieve strong returns.

A survey across the country revealed that distributors and retailers are beginning to implement the new price regime, resulting in gradual decline in the price of cement across the country.

The claim of price reduction was corroborated by retailers, including Opeloyeru Eniola in Ojodu area of Lagos State, who said: "Although I am still selling this old stock, I am aware that the price for the next supply has been reduced."

While analysts believe that the on-going African operation expansion must have given Dangote cement a leeway to bring down domestic price of the product, the cement giant is also reportedly hoping the lower prices will help increase export sales to neighbouring nations where it has no presence yet.

Team head, Chapel Denham, Tajudeen Ibrahim, had in reaction to the reports of price reduction by Dangote Cement said: "We expect the other cement producers such as WAPCO, UNICEM and AshakaCem in the Lafarge Africa Group and Cement Company of Northern Nigeria, to cut cement prices, being price-takers in the industry.

The sales volumes of the cement industry may however not rise on the back of the price cut, as the relationship between price and consumption is weak," said Ibrahim.

"Competition has no choice but to bring down the price because Dangote is the market leader," said Pabina Yinkere, head of research at Lagos-based Vetiva Capital Management.

My experience and comments....

SEVERAL ATTEMPTS TO BUY DANGOTE CEMENT THROUGH SEVERAL ADVERTS ON FACEBOOK IN THE PAST BY YOURS TRUELY HAS NEVER YIELDED ANY FRUIT.
EFFORTS MADE TO THE NEAREST DEPOT TO KISHI, OYO STATE, ie THE ONE IN ILORIN, ALSO CONFIRMED THAT THE CLAIMS OF REDUCED CEMENT PRICES ARE FALSE.
OUR HIGHER EDUCATION PROJECTS IN KISHI ARE ADVERSELY AFFECTED BY COSTLY CEMENT PRICES !!!!!!
CAN OFFICIALS OF DANGOTE CEMENT REALLY REALLY REALLY CONFIRM THE TRUE POSITION PLS ?

GAS.

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