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Sholaye Jeremi is my Son’s Father—Linda Ikeji

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By Modupe Gbadeyanka

Popular Nigerian blogger, Ms Linda Ikeji, has finally revealed identity of the father of her newly-born child, who she christened Jayce.

In a post on Friday, December 14, 2018, the famous blogger put a rest to controversies surrounding who actually impregnated her.

According to Ms Ikeji, an oil and gas big boy, Mr Sholaye Jeremi, who is believed to be a close associate of Minister of State for Petroleum Resources, Mr Ibe Kachikwu, is the father of Jayce, who she gave birth to in the United States in September 2018.

“Meet my son, Jayce and yes, Jeremi is his dad.

“Unfortunately, he and I are a completely closed chapter.

“I wrote something about it on my blog and I hope it reaches those it was intended for. You can go there and read. God bless.

In her post on her personal blog, Ms Ikeji said, “Two days before my 38th birthday on September 17th, I welcomed my first child, my son, Jayce. I look at him and I wonder why I waited so long to have a child. I’ve never known love like this. I literally have tears in my eyes every time I look at him. I can’t believe he came out of me. He is by far my greatest blessing and I’m looking forward to navigating him through life!

“Now to the reason why you are reading this. I argued with myself for a long time whether to put this out or not…and finally decided it was a story I wanted to share. I’ve always been open about my life but I’m sharing details about my personal life mostly because of the girls who look up to me. The girls I have mentored, mentoring right now and plan to mentor in the future. I’m very particular about our young girls and I have personally tried over the years to be an example in some way; tried to teach these girls how to fight for their dreams, how to live right and do right and then I go and have a child out of wedlock and that must be a little confusing to some of them and especially with so many untruthful stuff out there about me. The most hilarious is that I had a child for a married man. Lol. Here’s my answer to that! The married man that I will sleep with has not yet been born. If he’s been born, he will die, be buried, rise and die again before he will lay with me. I don’t do married men. The father of my child is a single man and his name is Sholaye Jeremi. To be honest, at some point I thought he was my final bus stop but you know how life happens…lol. Unfortunately he and I are a completely closed chapter. Sadly for our son Jayce, it’s the kind of chapter that can’t ever be opened again.

“One of the things many people have asked me is how I met this man because we don’t run in the same circle. Well, I met him 3 years ago at Wheatbaker Restaurant in Ikoyi in December 2015 shortly after I moved to my home in Banana Island, Ikoyi. It was a day after Christmas and I was having dinner with friends when he walked in. He saw me and the rest is history. He claimed at the time that he had never heard of me which was seriously a turn-on for me because up until then I’d only been meeting men who behaved like fans. At the time we met, I was 35 and he was 37 and I’d been single for nearly 4 years. I was definitely searching and I fell in love almost immediately and so we became an item.

“At the time I met him he lived in a 3-bedroom flat at what used to be 5th roundabout in Lekki after Mobil. I used to drive for almost two hours in traffic from my house to go see him. Most of the time, I carried my laptop to his home to enable me to work and at the same time spend the whole day with him.

“It was a whirlwind romance. He was the funniest and most romantic guy I’d met up until that point, so it was easy to fall in love and I truly believed the feeling was mutual. A few weeks after we met, it seemed like we were planning a future together. This man was already calling me Linda Ikeji Jeremi and making all these plans but then just like that, it was over between us. I went from waking up every morning to love text messages from him to no more calls. I was just thanking God for finally sending me my own man when all of a sudden we were no longer talking to each other. Later he would tell me what scared him off. My public life. He claims he’s a private business man and didn’t want the attention being with me would bring to him and I told him I understood and we went our separate ways. We tried to get back together in 2016 but it didn’t work out so much so we separated again but stayed in touch (mostly him to be honest), stayed friends and that was how our back and forth started.

“By mid-2017, we were both still single and we started seeing each other again quietly. There were times it was very intense and we talked about a future together, and there were times that I couldn’t figure out what exactly I was doing with this guy. We were not suited for each other. Totally different lifestyles. And there was the problem of my fame. I walked away from this man a million times and he came after me a million and one times. No matter how much I pushed him away, he kept coming back and me, because I couldn’t find anyone else, I kept going back. Lol. So I was basically going back to my ex because I couldn’t find anyone else. *sigh*.

“Then I fell pregnant. It wasn’t planned, it just happened; though we talked about having a child together just two months before I fell pregnant. He said something about putting a billionaire baby inside me and I remember jokingly telling him that I’m also a billionaire so our child was going to be a billionaire on both side…and we laughed. But after I fell pregnant, things became extremely weird between us. If I tried to explain what happened, I wouldn’t be able to because it was confusing to me. We went from talking about the pregnancy and being okay with it; he even suggested I go to Dubai for my pre-natals as he didn’t trust doctors in Nigeria, to literally not talking to each other anymore. Around when I was about three months pregnant, he did come to see my parents and actually became very cool with my dad. They were literally exchanging Whatsapp messages every day. He later agreed to a traditional wedding which he didn’t follow through and then he switched. He began to treat me with so much hate and aggression that I and my family had to cut him off completely.

“To be honest if anybody had told me when we met three years ago, considering how deeply we cared for each other that I would fall pregnant two years later and he would completely turn his back on me for most part of my pregnancy, I never would have believed it but that’s what happened. I had to draw strength from myself, my family and close friends.

“And Jayce…oh my son Jayce, he was my biggest strength. It was almost as if he knew his dad was acting up so he came through for his mum. He was gentle with me when I was carrying him. I had an extremely easy pregnancy. I pushed him out under 3 mins and was in the labour room for less than 30 minutes. And then my snapback was amazing. Three weeks later, it was almost as if I’d never been pregnant. Jayce was my soldier when his dad turned his back.

“But still, I have absolutely no iota of regret meeting Sholaye. Gosh, have you seen Jayce? How can I regret that? God doesn’t make mistakes. If you believe that you’re always led by God like I believe then I have to believe that God led me to this man for whatever reasons best known to Him. I thought God sent him as my life partner but I guess He just used him as a vessel for my greatest blessing. Now his part in my story is over. I know when to put my hands up and surrender. That God brought someone significant into your life doesn’t mean they are supposed to follow you throughout your life’s journey. We should learn to know when people’s part in our story is over. Don’t fight for closure, don’t ask for explanations, don’t chase answers, just let them go and know that if God meant for you to have them in your life, He would have given them to you. Sometimes people just come to serve a purpose in your life and are not meant to stay and there’s no point holding on to them. This one is done and dusted. It’s just Jayce and I now moving forward and I know life will be beautiful for us.

“Being a single mum wasn’t the dream I had for myself; I’d prayed for the kind of happy home my parents built for us (they’ve been together for 40 years). Nothing is more important to me than family. For years I’d hammered on how much I was looking forward to getting married, having children and building my own family and I believed God was going to come through for me on that one, but I have come to understand that we have no control over what life throws at us no matter how much we plan, pray, or work. And we also have no control over the actions of other people towards us. One of the things I have learnt in my life’s journey is that your idea of how life should go might be different from the way life actually goes. It’s called Life Happening. Sometimes it unfolds into something we never dreamed of but because we don’t recognize the route we find ourselves on our journey through life, doesn’t mean God won’t get us to our destination. Remember, an uncertain chapter doesn’t ruin the whole book. Life will happen whether we are ready or not. All we can do is keep our heads up and keep moving.

“Family and close friends told me I owed no one any explanation about the circumstances that led to the birth of my son, but I knew without writing this, I could never stand in front of the young girls who look up to me and talk to them again. I could never go on my secondary school tour and speak with these girls again about living right and doing right. I would always feel like I have no moral right to do so. I went to 15 secondary schools in 2017 and talking to those young impressionable girls has been one of the highlights of my life. I cancelled this year’s tour because I was pregnant and I haven’t made any preparations for next year’s tour because I wanted to set things right first.

“I have so many plans for young girls next year and in the coming years with the Selfmade finance and mentorship projects with international collaborations, so this was important for me to do, to explain myself to the young girls who look up to me and feel disappointed that I got pregnant and had a baby out of wedlock. For years, I have preached decency, morality and uprightness and despite what happened to me, I mean it from the bottom of my heart. That should be the only way to live. That’s the only way I live. Don’t ever compromise your values. With this, I was led by my heart and my clock ticking and even though I have no regrets, I’m sorry if I let any of you ladies down by the decision I made, and I hope you learn from my experience. I hope you do better than I did. The ideal thing would be to find a man you love, who loves you back and gives you stability, get married, have kids and raise a family, not being a single mum or a baby mama. I was 37 years old at the time I conceived and if I want to be honest, my age played a role in me allowing myself to be pregnant out of wedlock. I don’t want to be having kids in my 40s or struggling with fertility later in life. This wasn’t the plan but like I said before, life happens. You just have to find a way to make the best of what life throws at you. And so for any young girl this means anything to, I am truly sorry. I am not sorry I had Jayce, I’m just sorry I didn’t go about it the right way.

“But you know, despite this crazy love experience, I still believe in love and I believe in happy endings and I can’t wait to one day, God willing, have my fairy tale ending. The father of my child is the only man I’ve given a chance to in 6 years. Lol. I swear. I’m not really a relationship kind of girl. I’m more a career girl. I can go for years without a man. I’m one of those women who don’t need a man to validate their existence but biko, I’ve done the single life enough in the past…lol… going forward I’m looking forward to giving someone else a chance and try this love thing again. I was raised in a happy 2-parents’ home and that’s what I want for Jayce. So I hope I meet a great guy soon until then I’m enjoying motherhood. It rocks! Life has never been more beautiful!

“I’d also like to address a few other issues. Number one is this celibacy issue. So many people have trolled me over it and I’d like to correct the misunderstanding. I have never ever in my life said people shouldn’t have sex before marriage. NEVER EVER have I said that. I have even argued with quite a few people that it is not feasible in this day and age. What I have always said and I maintain till today is; Do not ever sleep with men for money because any woman with a brain and determination can get her own money herself. And there’s nothing sweeter than your own money. I am 38 years old and I recently bought a N100million+ car; what the heck do you need to be sleeping with a man for? For designer bags, first class tickets and luxury holidays? GTFOH with sleeping with a man for rent money! You can give yourself all that and more if you apply yourself, fight for your dream and work your butt off. Men don’t have the exclusive right to create wealth; women can also create wealth. Money is not male. Wealth is not male. Success is not male. We women just need to believe in ourselves more and get off our butts and stop relying on our looks and charm instead of our brain, mind, will, and our God given talent/gift. We can be rich, we can be successful, we can break barriers, do what was formerly termed impossible, do what men can do, be CEOs of conglomerates and billionaires without ever having to lie on our backs. Please ladies, we are powerful beyond measure and can do anything and be anything we want to be.

“The other thing I’ve always said is; do not sleep around with multiple men who just use your body for their pleasure; that is; too many one night stands, casual sex, many sex partners in a short period of time all in the name of relationships. Your body deserves better. I feel sex should only happen when you’re in a loving, committed relationship with someone you love. I was celibate for many years until I met my son’s father and fell in love. And instead of increasing my body count, I just went back to the same eggplant…lol. My mistake was I should have walked away when the relationship became a waste…lol… but then again, Jayce wouldn’t be here today if I had. So really, there’s nothing that I have preached that I didn’t practice. So you guys stop trolling me over this abeg! Lol.

“Thank you for reading and thank you for your understanding.

“Love and kisses to you and yours

“Hugs “Linda.”

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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Economy

LCCI Raises Eyebrow Over N15.52trn Debt Servicing Plan in 2026 Budget

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domestic debt servicing

By Adedapo Adesanya

The Lagos Chamber of Commerce and Industry (LCCI) has noted that the N15.52 trillion allocation to debt servicing in the 2026 budget remains a significant fiscal burden.

LCCI Director-General, Mrs Chinyere Almona, said this on Tuesday in Lagos via a statement in reaction to the nation’s 2026 budget of N58.18 trillion, hinging the success of the 2026 budget on execution discipline, capital efficiency, and sustained support for productive sectors.

She noted that the budget was a timely shift from macroeconomic stabilisation to growth acceleration, reflecting growing confidence in the economy.

She lauded its emphasis on production-oriented spending, with capital expenditure of N26.08 trillion, representing 45 per cent of total outlays, and significantly outweighing non-debt recurrent expenditure of N15.25 trillion.

According to Mrs Almona, this composition supports infrastructure development, industrial expansion, and productivity growth.

However, she explained that the N15.52 trillion allocation to debt servicing underscored the need for stricter borrowing discipline, enhanced revenue efficiency, and expanded public-private partnerships to safeguard investments that promote growth.

She added that a further review of the 2026 budget revealed relatively optimistic macroeconomic assumptions that may pose fiscal risks.

“The oil price benchmark of $64.85 per barrel, although lower than the $75.00 benchmark in the 2025 budget, appears optimistic when compared with the 2025 average price of about $69.60 per barrel and current prices around $60 per barrel.

“This raises downside risks to oil revenue, especially since 35.6 per cent of the total projected revenue is expected to come from oil receipts.

“Similarly, the oil production benchmark of 1.84 million barrels per day is significantly higher than the current level of approximately 1.49 million barrels per day.

“Achieving this may be challenging without substantial improvements in security, infrastructure integrity, and sector investment,” she said.

Mrs Almona said the exchange rate assumption of N1,512 to the Dollar, compared with N1,500 in the 2025 budget and about N1,446 per Dollar at the end of November, suggests expectations of a mild depreciation.

She said while this may support Naira-denominated revenue, it also increases the cost of imports, debt servicing, and inflation management, with broader macroeconomic implications.

The LCCI DG added that the inflation projection of 16.5 per cent in 2026, up from 15.8 per cent in the 2025 budget and a current rate of about 14.45 per cent, appeared optimistic, particularly in a pre-election year.

She also expressed concern about Nigeria’s historically weak budget implementation capacity, likely to be further strained by the combined operation of multiple budget cycles within a single year.

Looking ahead, Mrs Almona identified agriculture and agro-processing, manufacturing, infrastructure, energy, and human capital development as key drivers of growth in 2026.

She said that unlocking these sectors would require decisive execution—scaling irrigation and agro-value chains, reducing power and logistics costs for manufacturers, and aligning education and skills development with private-sector needs.

The LCCI head stressed the need to resolve issues surrounding the Naira for crude, increase the supply of oil to local refineries to boost local refining capacity and conserve the substantial foreign exchange used for fuel imports.

“Overall, the 2026 Budget presents a credible opportunity for Nigeria to transition from recovery to expansion.

“Its success will depend less on the size of allocations and more on execution discipline, capital efficiency, and sustained support for productive sectors.

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Economy

Customs Street Chalks up 0.12% on Santa Claus Rally

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Customs Street Nigerian Stock Exchange

By Dipo Olowookere

The Nigerian Exchange (NGX) Limited witnessed Santa Claus rally on Wednesday after it closed higher by 0.12 per cent.

Strong demand for Nigerian stocks lifted the All-Share Index (ASI) by 185.70 points during the pre-Christmas trading session to 153,539.83 points from 153,354.13 points.

In the same vein, the market capitalisation expanded at midweek by N118 billion to N97.890 trillion from the preceding day’s N97.772 trillion.

Investor sentiment on Customs Street remained bullish after closing with 36 appreciating equities and 22 depreciating equities, indicating a positive market breadth index.

Guinness Nigeria chalked up 9.98 per cent to trade at N318.60, Austin Laz improved by 9.97 per cent to N3.20, International Breweries expanded by 9.85 per cent to N14.50, Transcorp Hotels rose by 9.83 per cent to N170.90, and Aluminium Extrusion grew by 9.73 per cent to N16.35.

On the flip side, Legend Internet lost 9.26 per cent to close at N4.90, AXA Mansard shrank by 7.14 per cent to N13.00, Jaiz Bank declined by 5.45 per cent to N4.51, MTN Nigeria weakened by 5.21 per cent to N504.00, and NEM Insurance crashed by 4.74 per cent to N24.10.

Yesterday, a total of 1.8 billion shares valued at N30.1 billion exchanged hands in 19,372 deals versus the 677.4 billion shares worth N20.8 billion traded in 27,589 deals in the previous session, implying a slump in the number of deals by 29.78 per cent, and a surge in the trading volume and value by 165.72 per cent and 44.71 per cent apiece.

Abbey Mortgage Bank was the most active equity for the day after it sold 1.1 billion units worth N7.1 billion, Sterling Holdings traded 127.1 million units valued at N895.9 million, Custodian Investment exchanged 115.0 million units for N4.5 billion, First Holdco transacted 40.9 million units valued at N2.2 billion, and Access Holdings traded 38.2 million units worth N783.3 million.

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Yuletide: Rite Foods Reiterates Commitment to Quality, Innovation

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Rite foods stamp black

By Adedapo Adesanya

Nigerian food and beverage company, Rite Foods Limited, has extended warm Yuletide greetings to Nigerians as families and communities worldwide come together to celebrate the Christmas season and usher in a new year filled with hope and renewed possibilities.

In a statement, Rite Foods encouraged consumers to savour these special occasions with its wide range of quality brands, including the 13 variants of Bigi Carbonated Soft Drinks, premium Bigi Table Water, Sosa Fruit Drink in its refreshing flavours, the Fearless Energy Drink, and its tasty sausage rolls — all produced in a world-class facility with modern technology and global best practices.

Speaking on the season, the Managing Director of Rite Foods Limited, Mr Seleem Adegunwa, said the company remains deeply committed to enriching the lives of consumers beyond refreshment. According to him, the Yuletide period underscores the values of generosity, unity, and gratitude, which resonate strongly with the company’s philosophy.

“Christmas is a season that reminds us of the importance of giving, togetherness, and gratitude. At Rite Foods, we are thankful for the continued trust of Nigerians in our brands. This season strengthens our resolve to consistently deliver quality products that bring joy to everyday moments while contributing positively to society,” Mr Adegunwa stated.

He noted that the company’s steady progress in brand acceptance, operational excellence, and responsible business practices reflects a culture of continuous improvement, innovation, and responsiveness to consumer needs. These efforts, he said, have further strengthened Rite Foods’ position as a proudly Nigerian brand with growing relevance and impact across the country.

Mr Adegunwa reaffirmed that Rite Foods will continue to invest in research and development, efficient production processes, and initiatives that support communities, while maintaining quality standards across its product portfolio.

“As the year comes to a close, Rite Foods Limited wishes Nigerians a joyful Christmas celebration and a prosperous New Year filled with peace, progress, and shared success.”

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