Mike Adenuga Resuscitates Concord Newspaper with Mike Awoyinfa, Dimgba Igwe

Shut down publishing house Concord Press is on the verge of a return to the market.

This development is attributed to the concerted efforts of respected moneyman, Otunba Mike Adenuga and highly rated journalists Mike Awoyinfa and Dimgba Igwe.

News making the rounds indicate the return of Concord Press and it newspaper tittles as the fallout of a re enactment of the business relationship the notable media men had with former governor of Abia state Orji Uzor Kalu with Dr Mike Adenuga.

The torch lights of the media profession had floated Sun Newspapers with the financial backing of Dr Kalu and overnight transformed it into a success story.

They later pulled out of the arrangement about eight years into the growing phenomenon based on heavily guarded reasons (Insiders claimed the action was based on gentlemanly agreement).

The present arrangement with Dr Mike Adenuga is said to be borne out of yearning to revive their professional root and imprint another endearing feat on the sands of time of journalism.

They were in the employment of Concord newspaper when it was abruptly shut down.

Their ability to get the go ahead for the resuscitation of the newspaper house from the owners, the Abiola family in the face of futile efforts from other parties is attributed to their pedigree at the company and closeness to the family.

The interest and commitment of Dr Mike Adenuga was secured largely on his passion for growth of indigenous enterprise- and of course intrinsic believe in the ability of Awoyinfa and Igwe to succeed.

The financial commitment associated with the venture is yet to be confirmed.

However the word on the street is that recruitment of key staffers is being discreetly carried out.

Mr Bode Opesetan, the spokesperson for Dr Adenuga that is currently in employment of the wealthy Nigerian’s telecommunication company, Globacom refused to comment on the development in a telephone conversation.

In a move that undermine the quick communication services his employer thrives on, Opesetan insists personal visit should be made to Globacom office in Victoria Island Lagos before he can entertain any form of enquiry.

‘We don’t react to stories on phone, it is against company policy to do that. you have to come to our office or write a letter to us’ he insisted even when the issue of trying to meet deadline cropped up.