Headline

Pendulum: Why Nations Fail, The Sad Story of Nigeria

Published

7 years ago

August 11, 2018

Eric

By Dele Momodu

Fellow Nigerians, our dear beloved country is at some dangerous crossroads again. Those who know how to pray should offer supplications to God urgently because, our stubbornly arrogant, and sometimes impetuous, politicians are about to set Nigeria ablaze, igniting a possible conflagration the type of which we have not seen in a long time. For anyone following my column, I have pleaded endlessly for decorum, tolerance, patience and simple common sense at all levels and tiers of government. Somehow, my strident appeals have largely gone unheeded. It is obvious that some powerful forces are hell-bent on having their way by fire, by force, whether they be right or wrong! It is sad that many of our leaders on both sides of the fence have not learnt any useful lessons from even our contemporary history.

Let me break it down to brass tacks. The current imbroglio is as a result of what started in 2015, when Senator Bukola Saraki seemingly outsmarted members of his party, APC, and combined with members of the opposition party, PDP, to fulfil his burning ambition to become the Senate President of the Federal Republic of Nigeria. Depending on which side of the political divide you belong, members of APC felt totally cheated and accused Saraki of the worst treachery possible, moreso, when, a member of the opposition, Ike Ekweremadu of PDP, emerged Deputy Senate President. In case you have forgotten how it all happened, please permit me to refresh your memory.

On D-Day, members of APC had gathered somewhere else, the International Conference Centre in Abuja, it was said, to deliberate, and strategise, on candidates to back for various offices of the National Assembly, especially that of the President of the Senate and Speaker of the Federal House of Representatives. Obviously clever about how politics works and the various deals that they had sealed with other members of the respective Houses of the National Assembly, Saraki and Yakubu Dogara did not join their party caucus at the meeting because of the realisation that they were not being considered at all, despite the great work they and others did in support of Major General Muhammadu Buhari (retired) becoming President. In the end, they both prevailed comfortably in attaining the positions that they sought in the National legislature to the chagrin of their party caucus and party leaders. There is still argument and debate as to the role of different APC party leaders, including the President (who neither said yes nor no explicitly when Saraki mentioned his interest in Senate Presidency to him), in the emergence of the two men as Senate President and Speaker respectively. What is clear is that there was omission and commission, complicity and aloofness, even maybe indifference in some quarters about the Principal officers of the Senate once the Holy Grail of the Presidency had been secured. I will not belabour you with what I saw as an active participant and eye-witness except to say that all parties played for high stakes and in the end some people won and some lost. However, I must re-emphasise what I said, on this page and in a Vanguard interview at the time, that the APC apparatchik should count their losses, move on and allow peace to reign. In a game, only one team can win, fair or foul.

The reluctance, nay, stoic resistance, of APC to let this matter pass, as I recommended, is now likely to be the albatross of the party. If care is not taken, and APC continues to insist, as they are doing, and have done, for over three wasteful years, that they must enforce regime change at the National Assembly, barely months to critical State and national general elections, the party may be heading towards Golgotha or Waterloo. I will like to make this special appeal to my big Brother and former Governor, Adams Oshiomhole, please, stop the grandstanding, embrace peace and the rule of Law and focus on the long game rather than the short play. You cannot achieve your desire by compulsion or coercion in a democratic political terrain. There is always give and take in all situations. The people you are dealing with are not mere school kids while you are the headmaster.

In the case of Saraki, it is obvious that you can only constitutionally remove him very easily if you have 73 Senators on your side. Nothing short of that number will do. Anything else is a pipe-dream and I do not see you a dreamer, let alone an unrepentant fantasist or somnambulist! Indeed, if you can land a big fish like Akpabio into your net, it shouldn’t be too difficult to ensnare more Senators. It is easier to use EFCC than to use DSS or the police. EFCC seemingly remains the only striker in this big league. If that fails, I will recommend a title of a James Hadley Chase novel, ‘The Whiff of Money’. Some millions of crispy million dollars can perform the magic for you and your party. What have we not seen before in Nigeria? However, you should also note that it is impossible, or unlikely, for politicians to visit the washroom and not leave some tell-tale signs behind.

Only pursue this agenda, I have described above, if that is the way you now envision the Nigeria of your dreams. But remember the integrity and incorruptibility of the President and Vice-President, Muhammadu Buhari and Yemi Osinbajo, that you have been selected to sell when you decide your options. I will suggest that to attempt another round of trying to impeach anyone with less than the number of Constitutionally recommended votes is to bring the roof crashing down.

It should be obvious by now that Nigerian Democracy has advanced beyond where it was years ago when Governors could be impeached inside hotel rooms by fewer than the constitutionally required number. Those days are gone and whosoever wants to return us to those inglorious days should have a rethink. We have our noble judiciary to thank for this because they have stood firm and resolute in the face of intimidation, coercion and even blackmail. Our judiciary is the first to recognise that a few bad eggs lurk within their midst, but they have always found ways of purging themselves and forging ahead. Their defense of our national interest, in the light of some of the determined onslaught they face, is to be commended. This is particularly because their hallowed status sometimes makes it impossible for them to embark on their own defence in the same manner as their traducers have sought to cast them with infamy and shame.

I have no doubt that the present members of the National Assembly are unyielding and ready to do whatever it takes to defend themselves against external and internal aggressors. To date there has been a distinct united front presented by the legislators, save for a few errant members who appear to be pursuing selfish or extraneous interests, which is to be applauded.

No one has said that Saraki, who is the prime target of APC, cannot be removed. All that is being said is that it should be done without all this drama and fuss, and it should be done in line with the Constitution. This charade that we are witnessing has ceased to become tedious but is now sorely irritating because there are a lot more fundamental issues to contend with in the polity than the issue of who is Senate President or Speaker or which party they belong. Even Saraki himself has said publicly that he would bow out gracefully the day two-thirds of his colleagues tell him to go home. That should be a sweet challenge and revenge to APC that wields the power of life and death today. As I have pointed out the party can choose the corrupt way, abusing the several executive offices at its command to achieve this end or they may choose the part of honour and try moral suasion and gentle persuasion.

After the disgraceful invasion of the National Assembly by the DSS last Tuesday, I became assured that APC had reached a dead-end and there was no more card to play. The spurious position of government apologists that Saraki had the head of the Department of State Security, Lawal Daura, in his pocket is too strange, beggars belief and is unbelievably difficult to comprehend or accept. In fact, that line of thought stands logic on its head. The contention that only PDP members were present at the National Assembly and that no APC member was around is not exactly correct. At least, I saw one, my dear friend, Hon. Ehiozuwa Agbonayinma, who was booed by those sympathetic to Saraki and Dogara.

The truth is many journalists were already informed the night before that an attempt would be made to impeach some key members of the National Assembly. It was said that APC members would rush in early in the morning and finish the job pronto. But as always, Saraki, the “Illuminati”, as some guy described him on social media, was ahead of the game. He amassed his team-mates ready to resist and repel any such attempt. If journalists were aware, it is only natural that the legislators directly affected would also be aware. There was nothing sinister in their being present in great numbers. Indeed, this is what makes it plain that APC members were also privy to this invasion and that some of their leaders were probably involved in orchestrating it because they would also have heard about it one way or the other. If they thought it was an attempt by some Senators to impeach the President as is being touted or create some drama as others allege, surely they would have turned up to give a lie to all this scheming and prevent it from being a success. As to why APC members were not around, the answer is easy. APC members were meeting at a different location and probably working on getting sufficient numbers to impeach those they wanted to drive out of the National Assembly leadership.

I watched on television as Senator Ben Murray-Bruce was visibly angry that they were not allowed to enter their offices and was rhapsodising and threatening the wrath of international super powers on those anti-democratic forces plotting to endanger democracy in Nigeria. I also watched the suicidal drama of Hon. Boma Goodhead, of the Federal House of Representatives as she barked orders at a fully-hooded, gun-toting secret agent, asking that she be allowed to go to her office or be shot. She is a member of PDP. Why would she take such a kamikaze risk if the security guys were around to facilitate their entry? The DSS scandal backfired big time and even those opposed to Saraki felt scandalised by the development. “Why resort to self-help?” everyone wondered. There is another serious and potentially more damaging angle to the suggestion Saraki pocketed the DSS and arranged for this invidious debacle. How did our intelligence community and security services not cotton onto what was happening, and prevent it, so that the country would not be a laughing-stock? The troop movement which the invasion entailed could well have heralded a coup, where were the rest of our security services? This leaves a lot to ponder upon. One wonders how many were complicit and whether Daura has not simply become the proverbial fall-guy and scapegoat? The Daura that I interacted with at the Institute of Security Studies, Bwalri, Abuja, last year did not look like someone who would sell his supposed godfather, President Buhari, out.

What seems plain to me is that there is a rogue element (call it the cabal, if you wish) within the present government, which does not feel that it is beholden to any constituted authority or that it needs to consult much less seek the approval of Presidency before it embarks on dastardly raids and incursions like this. Having seemingly succeeded with the invasion of Judges homes, this group felt emboldened enough to go as far as openly breaching the National Assembly and everything it stands for in this democratic dispensation.

I don’t think Nigerians would worry about who the National Assembly removes or decides to replace but it must be done according to the rule of Law. If the masses don’t know better, I can understand. However, the insults heaped on Saraki, the number three citizen of Nigeria, yesterday, by the national Chairman of APC, Adams Oshiomole, was totally uncalled for and unbecoming. It was too personal and demeaning. It can only harden the Saraki camp to fight all the way. Who knows tomorrow? Power is very transient. All these guys were friends, once upon a time.

This battle is not for the emancipation or betterment of Nigeria or the greater well-being and improvement of Nigerians, but about who controls the biggest wealth of Nigeria, and the re-election of a President they want to use as staircase and stepping stone to fame and fortune. For both parties, it appears that governance is no longer a priority. Everyone is fighting for control of power and resources. It is such a monumental tragedy that we, the general public, seem so helpless about the recklessness of our political leaders. I’m currently reading a book titled WHY NATIONS FAIL, THE ORIGINS OF POWER, PROSPERITY AND POVERTY by Daron Acemoglu & James A. Robinson and I can see some symptoms afflicting Nigeria very clearly.

Something tells me, we are playing with fire…

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Bella Disu: The Rise and Rise of a Boardroom Guru

Published

7 days ago

March 9, 2025

Eric

By Eric Elezuo

Nigerian women have shown resilience, strength and character in administration, government and entrepreneurship, contributing more than their quota, and giving vent to the growth and development of the nation’s socio-economic sector. Among them is the Executive Vice Chairman of the A-list communications outfit, the Globacom Group, Mrs. Bella Disu.

A strong purpose-driven professional and boardroom guru, whose administrative skills, intellect, experience and academic trajectory have remained a subject of reference, Bella, as she is fondly called, is a woman, who though has a privileged background, carved a niche for herself, climbing through ladders and cadres to get to where she presently is, and more importantly, can boast of the desired leverage and ability to defend her position.

Born Belinda Ajoke Adenuga, on May 29, 1986 to the duo of Emelia Adefolake Marquis, a Nigerian entrepreneur, and the global phenomenon, Dr. Mike Adenuga Jr., Bella received her early education in Lagos, at the prestigious Corona School in Victoria Island before enrolling at Queen’s College for her secondary education. In 1998, she transferred to Vivian Fowler Memorial College for Girls, where she concluded her secondary education.

She proceeded to the University of Massachusetts, Boston, USA, where she obtained a Bachelor of Arts degree in International Relations, and later, a Master of Science degree in Leadership from the Northeastern University, also in Boston.

In 2004, Disu joined her father’s Globacom, and consistently rose through the ranks to become the Executive Vice Chairman of the company. She is also a non-executive director with the construction giant, Julius Berger Nigeria Plc.

In April 2010, Bella took a break to solemnize her romantic relationship with her heartthrob, Jameel Disu, a venture capitalist, and both formalized their union in a fairytale wedding that is still the talk of the town, almost 15 years after.

As phenomenal and weighty as her family name, Bella dropped, and picked up completely her husband’s name, signifying undying love and loyalty. That’s still the name she bears till date. Both are blessed three wonderful children.

In 2019, the French Government awarded Disu the Chevalier dans ‘l’Ordre des Arts et des Lettres in recognition of her efforts in promoting French culture.

In January, 2021, Abumet Nigeria Limited announced her appointment as Chairman of its Board of Directors. Abumet Nigeria Limited maintains worldwide partnerships with reputable manufactures and maintains a state-of-the-art production facility, located in FCT Abuja, fully equipped with cutting-edge machinery and technology.

Abumet is a subsidiary of Julius Berger Nigeria Plc, and a leading solutions provider for the planning, processing and installation of aluminium and glass products, from single standard windows to sophisticated facades and large-scale design masterpieces. She replaced Alhaji Bamanga Tukur, upon his resignation from the board. Bella is a Member of the Chartered Institute of Management of Nigeria (MNIM) and the Institute of Directors of Nigeria (MIOD).

In addition to her French National Honour if Chevalier dans l’ordre des Arts et des Lettres (“CAL”), and currently the Executive Vice- Chairman of Globacom Limited, she is also the Chief Executive Officer of Cobblestone Properties & Estates Limited, and a Director on the Board of Mike Adenuga Centre.

In less than four years of her leadership, Abumet’s profits, according to Billionaire Africa, surged 307% in 2024, marking a major turnaround from losses in 2021.

The paper reported of her exploits as follows: “As a Non-Executive Director, she helped boost Julius Berger’s revenue to N566.2 billion, pushing it into Nigeria’s top 50 listed firms.

“At Abumet, Disu is driving innovation in façade technology, deploying unitized curtain walls for improved insulation and energy efficiency in Nigeria’s construction sector.

“Nigerian business executive Bella Disu has led Abumet Nigeria Limited, an innovative glass and aluminum manufacturing company, to record-breaking earnings, with profits quadrupling at the end of the 2024 fiscal year. Her leadership has not only steered the company back to profitability but has also reinforced the business acumen that runs deep in the Adenuga family.

“In a LinkedIn post, Disu, who has served as chairman of Abumet since 2021, shared the company’s turnaround: “Abumet is reaching new heights, and I’m excited to share our latest achievements. I am especially proud of the remarkable turnaround we’ve achieved—transforming from a loss in 2021 to delivering a 307 percent increase in profit in 2024.

“At just 38, Disu has earned her place among Africa’s top executives under 40, proving her ability to drive business success while steadily stepping into the legacy of her father, billionaire Mike Adenuga, who ranks among the continent’s wealthiest individuals with a fortune of $6.8 billion. She took over as chairman of Abumet’s Board of Directors in January 2021, succeeding Bamanga Tukur at a time when the company was struggling with steep losses.

“Since then, Disu has orchestrated one of the most impressive corporate recoveries in Nigeria’s manufacturing sector. Under her leadership, Abumet returned to profitability by the end of the 2022 fiscal year, bouncing back from the impact of COVID-19 and the financial challenges of 2021. The company sustained its profit in 2023 before posting a fourfold increase in 2024.

“Reflecting on this achievement, Disu credited the success to strong leadership and teamwork: “This success is the result of strategic leadership at the Board level, the dedication of our management team, and the collective effort of every Abumet employee.”

“Bella Disu expands Abumet’s market reach
As a 90-percent subsidiary of Julius Berger Nigeria Plc, Abumet plays a key role in the construction giant’s success. Bella Disu, who also serves as a Non-Executive Director at Julius Berger, has played a ‘much more’ active role in driving growth in the building solutions sector. By the end of the 2024 fiscal year, Julius Berger’s revenue rose from N446.1 billion ($296.4 million) in 2023 to N566.2 billion ($376.2 million) in 2024.

“Profit after tax also increased from N12.74 billion ($8.5 million) to N14.97 billion ($10 million), boosting the company’s market capitalization on the Nigerian Exchange (NGX) to N202.1 billion ($134.3 million). This has placed Julius Berger among Nigeria’s top 50 publicly listed firms, ranking 35th on the NGX.

“Under Disu’s leadership, Abumet has strengthened its market position by expanding its sales and marketing efforts. The launch of its Lagos sales office has helped grow its market share for made-in-Nigeria window and door solutions, while its EVONIGGLASS insulated glass brand has gained wider recognition. Despite market challenges, the company has posted record-high revenue and profits, exceeding expectations.

Abumet deploys energy-efficient curtain walls

Looking ahead, Disu is focused on pushing innovation in advanced façade solutions, leading Abumet’s efforts in glass and aluminum manufacturing.

“Abumet is deploying unitized curtain walls that will completely envelop the façade, ensuring not just aesthetic excellence but also enhanced energy efficiency through modern insulation technologies,” she said.

With a strong record of turning businesses around and driving growth, Disu is cementing her leadership in Nigeria’s business world. Her influence now extends beyond construction, telecommunications, and real estate into the country’s broader manufacturing sector, where she continues to make a lasting impact.”

Bella’s trajectory in the world of enterprise is a clear case of the demystification of the proverbial a tree cannot make a forest’, as she has conscientiously turned tables around wherever she found herself, bring in new ideas, new innovations and structural discipline that completely overhauls a system for all the positive outcomes.

Hers, is a case of continuous rise in the business world, and the home front. She is a better definition of a virtuous woman, and at less than 40 in age, the sky holds no barrier to how much more Belinda Ajoke Olubunmi Disu nee Adenuga could achieve in the coming months.

Congratulations ma!

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Nigeria’s Who’s Who Joins Otedola to Turn Sod for FirstBank’s 43-Storey New Headquarters

Published

1 week ago

March 6, 2025

Eric

By Eric Elezuo

Conducted in an atmosphere of class, beauty and wholesome networking, the event drew the likes of the Vice President of Nigeria, Senator Kashim Shettima, who represented President Bola Tinubu, as the special guest of honour.

Other dignitaries that graced the occasion were the governors of Lagos State, Mr. Babajide Sanwo-Olu; Ogun State, Prince Dapo Abiodun; Ondo State, Mr. Lucky Aiyedatiwa; and former governor of Delta State, Mr. James Ibori.

Also joining the retinue of the first class citizens were the Ghagoury brothers; Gilbert and Roland, Senator Daisy Danjuma, Mr. Deji Adeleke, Mustapha Ndimi, Alhaji Aliko Dangote, Mr. Tunde Folawiyo, Dr. Bukola Saraki, Mr. Ben Murray-Bruce, Chief Dele Momodu and a host of white cap chiefs, who represented the Oba of Lagos, Rilwan Akiotu.

Known for its penchant for creating firsts, the Nigeria’s premier and leading money deposit bank, as well as financial institution of choice, the bank is set to deliver a state-of-the-art edifice, described as the first of its kind in Nigeria, the West African subregion, and by hindsight, in the entire African continent.

It is also reported that on completion, the edifice will house a variety of facilities that will buttress, and toe the line of the Eko Atlantic City original manuscript, and lend candour to the skyline and nightlife of the exclusive city.

Earlier, the Managing Director and Chief Executive Officer of FirstBank Nigeria, Mr. Segun Alebiosu, had remarked in a statement that the building is a significant milestone and an ambitious project set to be an engineering and environmental delight due to its technologically advanced, eco-friendly and sophisticated construction that would set a new standard for the financial services sector in Africa.

“The groundbreaking ceremony signifies the beginning of a transformative journey that reinforces FirstBank’s commitment to excellence, innovation, and customer satisfaction.

“We are proud to mark this significant milestone in our journey towards excellence. Our new Head Office is envisioned as a world-class structure that represents our dedication to innovation, customer satisfaction, and sustainability.

“We believe that this development will play a crucial role in fostering economic growth and development across Africa, creating long-term value for all our stakeholders,” Alebiosu said.

The statement by the bank further revealed that the new headquarters is designed with sustainability in mind, featuring a green-certified building that reduces operational costs, and positions the bank as a leader in sustainable banking practices.

In his welcome address however, Alebiosu said that “The groundbreaking ceremony is a momentous occasion for us to redefine our commitment to position solidly as the bank for the future. Therefore, this new headquarters is not just about a modern architectural masterpiece; it is reimagining banking for generations yet unborn. It will serve as a hub for financial innovation, digital transformation, and operational excellence, ensuring that FirstBank remains ahead in an era where technology is reshaping activities.

“Situated in the heart of Eko Atlantic City, the iconic FirstBank headquarters complex, a 43-story edifice, will become the tallest building in Nigeria upon its completion.”

In his speech, the chief host, who is also the Chairman FirstHoldCo, Mr. Femi Otedola, praised the resilience of his FirstBank team, the Chagoury brothers for ‘creating land’ for Nigerians, stakeholders and the banking community, who have supported the FirstBank brand in 131 years of existence.

He noted that the gathering highlights the importance of collaboration and support from various sectors in bringing ambitious plans for the new headquarters to life.

“I appreciate the CBN for its efforts in sustaining the stability of the Nigerian financial services industry. I commend the Chagoury Group for their commitment to the infrastructural growth of the Nigerian economy. Worthy of note is that Chagoury has always been an inspiration and business model to me. I have personally felt that the creation of Eko Atlantic City is the ninth wonder of the world, coming after the eighth wonder, which is the Dangote Petrochemical City. These two wonders continue to reaffirm that Nigeria is indeed a great nation.

“To our customers and stakeholders of the bank, we must constantly be reminded that FirstBank is and will continue to be a legacy to behold. We shall continue to invest in cutting-edge technology, vibrant human capital, strategic partnerships, and customer-centric innovation that will define banking globally even as we detail our footprint across Nigeria, Africa, and the world. Thank you all for being a part of our rich heritage as we unveil this iconic building that will serve as the engine room of the bank’s next phase of dominance in the financial services sector and efforts to contribute our quota to the financial inclusion,” Otedola said.

The gathering was boosted by goodwill messages from stakeholders present including governors Sanwo-Olu, Abiodun and Aiyedatiwa. Other goodwill messages were delivered by Senator Danjuma, Mr Folawiyo, Alhaji Dangote, Mr. Adeleke and others.

In his charge, Sanwo-Olu ssaid, “First Bank, as usual, has led the way. I want to thank the visionaries who created a new city that will be Africa’s model city that all of us will be proud of. Mr. Femi Otedola, well done, well done to your board, well done to your management, and CBN Governor, thank you for the approval. We want you to give other financial institutions approval as well. There is space for them as well.”

One of the hallmarks of the event was the presentation of certificate to the FirstBank group by the Governor Sanwo-Olu, on behalf of the Lagos State government, to authorize commencement of construction.

In his keynote address however, the special guest of honour, President Bola Tinubu, who was represented by Vice President Kashim Shettima, lauded the building as representing and symbolising Nigeria’s ambition and progress.

“Today we lay the foundation for a monumental structure in Nigeria’s financial landscape, the First Bank iconic tower, a symbol of our nation’s progress and ambition. This tower will stand as a testament to our economic strength and vitality. The tower, which will be the tallest building in West Africa at 40 stories upon completion, is a symbol of confidence in our country’s future. For 130 years, FirstBank has been a pillar of our economy, empowering businesses, supporting families, and driving financial innovation. FirstBank has extended its reach from Lagos to London and all around major financial centres worldwide, proudly flying Nigeria’s flag on the global stage.

tower will symbolise ambition and excellence in Eko Atlantic, an investment that consolidates Lagos as a leading financial hub and showcases the dynamism of Nigeria’s private sector.

“As president, I reaffirm our unwavering commitment to fostering an environment where significant investment and transformative projects like this can thrive through bold economic reforms, strategic public-private partnerships, and infrastructure development. We are ensuring that Nigeria once again becomes the top destination for investment,” Shettima said on behalf of President Tinubu.

The event of the day was concluded with the turning of the sod to signify commencement of building activities for the 43-storey ambitious project, which will change the landscape of the Eko Atlantic City, banking industry and architectural intelligence.

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Olusegun Obasanjo: Celebrating Africa’s Influential Leader at 88

Published

2 weeks ago

March 4, 2025

Eric

By Eric Elezuo

Chief Olusegun Obasanjo, arguably, is the most influential African alive. He would have been the second most influential if the Madiba Nelson Mandele still lives.

Obasanjo has transcended generations of greatness ever since he joined the army as a career soldier, fighting in the Nigeria/Biafra Civil War before testing political power as the Chief of Staff Supreme Headquarters to the then Head of State, General Murtala Mohammed, and then becoming the Head of State in 1976 following the assassination of General Mohammed. He was in charge between 1976 and 1979 when he handed over to Alhaji Shehu Shagari.

Obasanjo has been described as one of the great figures of the second generation of post-colonial African leaders, and has received praise both for overseeing Nigeria’s transition to representative democracy in the 1970s and for his Pan-African efforts to encourage cooperation across the continent. He however, remains the most senior in Nigeria’s political leadership, behind General Yakubu Gowon.

A two-terms civilian president and former military head of state, Olusegun Obasanjo, has celebrated his 88th birthday, looking fit as a fiddle, and throwing banters among protégé, associates and leaders of thought, whobare his mentees.

As usual, Obasanjo’s birthday celebration was multi-faceted, and like every other year, accommodated praises and worship, get-together and sumptuous dinner among others, thereby igniting the Obasanjo Farm home of the former leader, located in Abeokuta, Ogun State, and the awesome The Delborough in Victoria Island, Lagos.

The birthday celebrations kickstarted with a special Global Breakfast Prayer session, which was in its 61st edition, on Saturday, March 1, 2025. It was a time of spiritual renewal and upliftment with representatives from about 29 countries in attendance both on ground and virtually.

The prayer session was facilitated by the Chairman of Christian Association of Nigeria, South West Zone, Bishop T. Akin-Akinsanya, and moderated by Rev. (Engr.) A. Ojeshina, with prayer and worship sessionsed by the Gatekeepers Worship Team.

Much as it was a spiritual exercise, the aura of greatness Obasanjo is known for was visible as ministers of God from different nations participated in the prayers, reflecting Chief Obasanjo’s far-reaching influence and the deep respect he commands across the globe, and well as the awesome glory to God for sparing his life for 88 eventful years.

Everyone, who was given an opportunity to share his thoughts about the African leader spoke glowingly, acknowledging Obasanjo’s role in fostering diplomacy, African development, and visionary leadership. Notable among these ministers that attended were Ven. O. Ogunremi from Kenya, Pastor M. Nwanegbo from Belgium, Bishop Francis Wale Oke, Bishop E. Adekunle, Rev. Mother Esther Ajayi, Apostle M. Oluwajoba from the United States of America, Dr. Juliet Hammond from the United Kingdom, and Bishop David Bakare.

The following day, the party shifted to Chief Stanley Ugochukwu’s The Delborough on Victoria Island where the creme de la creme of the society gathered to fete the octogenarian. They young entrepreneur was also present at the event.

Dignitaries at the dinner included former President Goodluck Jonathan, former Vice President Atiku Abubakar, former Senate President, Bukola Saraki, former President of Sierra Leone, Ernest Koroma, Anambra State Governor, Chukwuma Soludo and Ooni of Ife, Oba Enitan Adeyeye Ogunwusi.

The event also drew an impressive lineup of business heavyweights, including Chairman of Ovation Media Group, Chief Dele Momodu; the CEO of Air Peace, Dr. Allen Onyema; E-Money and his brother, Kcee, and Obi Cubana, Cubana Chief Priest and renowned entrepreneur, Chief Rasaq Okoya.

The occasion underscored Obasanjo’s lasting influence in Africa, especially Nigeria’s political and economic landscape. Dignitaries, who took turns to extol the respected leader, harped on his leadership, contributions to national development, and his roles as a statesman.

Beyond speaches on the night, the event created an atmosphere of conviviality, camaraderie, networking and catching up, as distinguished guests shared fond memories, banters and experiences of working with the elder statesman. The birthday proper is scheduled for March 5.

It would be recalled that in 2024 in commemoration of the 87th birthday, Obasanjo unveiled a new book, titled: “The Art of Leading: Unconventional Wisdom from Biblical Leaders.”

In his tribute to the former president, Atiku took to his X account to share moments from the occasion, and expressed appreciation for Obasanjo, who is his former boss, and described the gathering as a momentous celebration.

“I joined others at the dinner hosted by my former boss, former President Olusegun Obasanjo, at The Delborough Hotel, Victoria Island, in Lagos,” he wrote.

Born on March 5, 1937, in Abeokuta, Obasanjo, who is arguably Nigeria and Africa’s biggest political brand, served as President of Nigeria from 1999 to 2007, during which time he played an instrumental role in bringing democracy back to the Nigeria.

His political and economic sagacity within the period has remained a reference point for subsequent administrations both in Nigeria and the African continent.

He was Chairperson of the African Union from July 2004 to January 2006, and was inducted by the UN as Special Envoy for Africa in 2008. Since then, he has overseen elections in countries across the African continent on behalf of the African Union and ECOWAS.

A man, who draws accolades, and sometimes criticisms as result of his fearless position on issues of both continental, regional and national importance, Obasanjo has received praise both for overseeing Nigeria’s transition to representative democracy in the 1970s and for his Pan-African efforts to encourage cooperation across the continent.

The Wikipedia captures Obasanjo’s personal life as follows:

Ethnically, Obasanjo is Yoruba, a cultural identification he reflected in his speech and choice of clothing. However, he always foregrounded his Nigerian identity above his Yoruba one, repeatedly stating that “I am a Nigerian who happens to be a Yoruba man. I am not a Yoruba man who happens to be a Nigerian.”

Throughout his life he expressed a preference for rural over urban life. He has been a lifelong teetotaller. He has been characterised as having a sense of discipline and duty, and emphasised what he saw as the importance of leadership. He was meticulous at planning, and Iliffe called him an “instinctively cautious man”. Obasanjo always emphasised the importance of deferring to seniority, a value he had learned in childhood. Iliffe described Obasanjo as a man with “great physical and intellectual energy” who “exercised power with skill and ruthlessness, sometimes unscrupulously but seldom cruelly”. Derfler similarly stated that, although Obasanjo could appear “boorish and dull”, he had a “sharply perceptive mind” and the capacity to be “tough and ruthless”. He had, according to Iliffe, a “remarkable capacity for work”. He was cautious with money, living modestly and seeking financial security by investing in property. He is softly-spoken.

In his sixties, Obasanjo would regularly work 18 to 20 hour days, getting very little sleep. He would start each day with prayers. Obasanjo suffers from diabetes and high blood-pressure. He enjoyed playing squash.

Obasanjo’s writings after his imprisonment reflected his commitment to Biblical literalism. He called the Darwinian theory of evolution a “debasing, devaluing and dehumanising” idea. After his release from prison his writings placed far less emphasis on traditional culture as a guide to morality, calling on fellow Nigerians to reject much of their pre-Christian “way of life”. Iliffe noted that Obasanjo’s born-again Christianity was “strikingly orthodox” and was aligned with Orthodox Pentecostal teaching. He rejected the prosperity gospel that was taught by some Pentecostalists in Nigeria.

Providentialism also became a key part of his worldview after his imprisonment.

In addition to a variety of other chieftaincy titles, Chief Obasanjo is the holder of the title of the Olori Omo Ilu of Ibogun-Olaogun.

A prolific writer and author of many books, Obasanjo is not a stranger to awards and honours as he has them in endless list.

A father to many children, including Iyabo Obasanjo, one of his children, Adeboye Obasanjo, took after him, and is presently a Brigadier General in the Nigerian Army.