The late Nick Imudia, the former CEO of the massive online retailer Konga, is said to have died by suicide, but his family disputes this and says more inquiries are being conducted to ascertain the true cause of his passing.
The family refuted accusations in a statement claiming the former konga ceo had called his brother and daughter to bid them farewell and left instructions prior to his death, calling the allegations untrue.
According to Leadership Newspaper, the family expressed their disapproval of the premature announcement of the former Konga CEO’s death while they were still in the hospital attempting to revive him in a statement signed by Dr. Anthony N. Imudia on their behalf.
From engineering to e-commerce leadership: Life and times of ex-Konga CEO Imudia
The statement, as reported by Leadership, read, “The family of Nick Imudia is unhappy with the unprofessional manner the media has wrongly characterised the reporting of Nick Imudia’s death as suicide. This is also supported by the Lagos State Commissioner of Police’s office that has vowed to investigate the sudden death of Nick. Neither did Nick call his brother in America with instructions on how to distribute his wealth, nor placed a call to his daughter with any instructions.
“How come the news was reported so hastily (less than 3 hours from his death) before his family members even knew about it – and the medical team was still trying to resuscitate him at the hospital! The Imudia family wonders!
“Nick never showed any sign of stress and he was not diagnosed as depressed at any point. The thought of suicide in the manner portrayed and hastily reported by the news media is suspect.”
Imudia’s family claims that he was on a quick visit in Lagos following his trip to the Netherlands and was due to return to Nairobi the following day when he unexpectedly passed away.
Tragic Loss: Former CEO of Konga, Nick Imudia, Dies by Suicide
“Nick was full of life and people that worked closely with him or met him in the last hours prior to the incident surrounding his death were shocked with the media attributing his death to ‘suicide’.
“At his prime age and the level of his achievements, people who knew Nick well are all shocked and do not accept the characterisation of his death as suicide. Members of Nick’s family do request the media and the general public to allow them to grief their loved one without any unfounded rumour of the circumstances surrounding his death,” the statement added.
Benjamin Hundeyin, the public relations officer for the state police, did, however, confirm the occurrence on Thursday following the viral media reports that claimed Imudia had carried out the act on June 25.
Peter Obi, the Labour Party’s (LP) presidential candidate, has expressed regret about how quickly Nigeria’s debt has grown, reaching N121.86 trillion in just the first half of 2024.
On Monday, Obi announced this on his X handle. Obi emphasised that it is concerning how quickly Nigeria is accruing debt.
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He wrote, “The recent report at the end of the first quarter indicates a significant increase in our government’s borrowing, reaching a staggering N121.86 trillion”.
Obi emphasised that if Nigeria’s debt is accruing at this rate, it’s feasible that it will reach N150 trillion by the end of the year.
“This rapid accumulation of debt is alarming, and if this borrowing trend continues at the current rate, we can expect the total to surpass N150 trillion by the end of the year.
Obi went on to say that in order to reduce the possibility of misdirecting borrowed cash to unrelated problems, the goal of borrowing should be determined and followed methodically.
” The fact that several trillions was borrowed in just three months highlights the urgent need for prudent management of our finances.
” It is crucial to recognize that the purpose of borrowing is paramount. If the borrowed funds are used for consumption or misallocated, we risk worsening our economic situation, perpetuating a cycle of debt and hindering our ability to achieve sustainable economic growth and development”, he said.
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