Boss Of The Week
Pascal Dozie: A Garland For The Banking Diamond
Published
6 years agoon
By
EricBy: Promise Oshewa
The business of banking has a lot to do with integrity; the stewardship of money and the power of credit creation reside in the realm of conservatism and discipline.
Pascal Dozie is one man whose career in banking has been strictly guided by these principles. He has become a banking diamond that will certainly last forever.
Playing within the defined rules of the game hasn’t been that easy to enforce in the Nigerian banking industry but Dozie seems to have toed the path of self regulation in his own style of corporate governance and understated lifestyle.
He is that has always been ruled by diligence and driven by tenacity in his quest to accomplish a great purpose. This foundation formed the strong backbone that has given his most well-recognised business, Diamond the track record that has kept in at the top for decades.
Born on April 9, 1939, Dozie grew up in a typical village setting in Egbu, Owerri when the enforcement of discipline in children’s upbringing was a shared duty in society irrespective of whom the child belongs.
Besides, his father was a devout Catholic Church Catechist and a Court Interpreter. He therefore imbibed the culture of discipline that shaped him up for the great accomplishments later in life.
He had his primary and secondary education in Imo Stated before heading to the famous London School of Economics, where he earned a degree in Economics and then proceeded to City University in London where he obtained Masters in Administrative Science, specialising in Econometrics and Industrial Engineering. He also attended University of Seattle in the United States.
He worked as an Economist in the United Kingdom and also taught part time at North Western Polytechnic, London. He has expertise in project preparation, coordination and management which took him to several countries in Africa and Europe.
After his education, he was keen to return home but that was when the civil way really raged. His two brothers had joined the Army so he went instead to Uganda.
According to him, “It was a very traumatic period for us. Bombs were going off everywhere and you didn’t know what was the truth. People were being shunted from one place to another and at times I didn’t even know where my own mother was,”
He was in Uganda between 1970 and 1971 where he served as a consultant at the African States Consulting Organisation in East Africa and returned to Nigeria in September 1971 when the war ended.
Pascal Dozie then set up his own consultancy, the African Development Consulting Group in Lagos, Nigeria.
He was very fortunate to gather a lot of consultancy contracts from big companies including Nestle and Pfizer. He later founded and is a Non-Executive Partner at African Capital Alliance.
Diamond Bank idea came to Pascal, when as a careful observer, he identified the problem that Igbo businessmen were facing at the time.
In the 1980s, traders from the Eastern part of Nigeria were carrying huge sums of money in cash to Lagos to buy goods and transact other forms of businesses.
This of course exposed them to risks of attacks by robbers and in deed some lost their lives in the process.
Dozie then thought of mechanism of collecting the cash in the East and by electronic transfer pay them in Lagos. That was the seed that led to the establishment of Diamond Bank.
Therefore, Diamond bank was conceived as a solution provider to an identified problem from inception unlike many banks that emerged simply because entry restrictions into the industry were reduced.
Dozie saw an opportunity there and explored it as an entry niche into banking and wove a financial service around it. It was a simple idea, according to him but it opened up the road to riches. “I wanted to establish a technology-driven bank where the staff knew they are there to provide efficient, courteous service. I wanted a bank that would be creative and I think we succeeded”, he said.
Even the establishment of the bank was also a testament to his tenacity and belief.
While the bank began operations in 1991, it had been in the pipeline since 1985 when Dozie applied for a banking licence. “Here I was, somebody who did not have money, yet wanting to establish a bank”, he recalled. It was the will to accomplish that eventually made the way. At the time he applied for a banking licence, the minimum capital requirement was N10 million. Before he could raise the money from intending shareholders, the capital requirement was raised to N20 million.
While Dozie was looking for additional people to approach to raise the additional N10 million, some of the initial subscribers began to withdraw. That delayed the licensing of the bank for about five years.
When the bank began operations, it was from the 3rd floor apartment of his office in Victoria Island with 20 people and $5million. His disciplined approach in managing Diamond Bank, appears to have been shaped by his role as a director of the Central Bank. He grew the bank from the scratch when most companies would not deal with a bank less than three years old. The Diamond Bank’s team then went to town to persuade the unwilling as to why the bank should have their deposits.
Despite the high competition in the banking industry of the early 1990s, the industry then was underdeveloped. Telecommunications services were poor and that posed a major hindrance to improving service delivery efficiency in banking halls. The underdevelopment itself was an opportunity, as Dozie saw it. “The question was how to improve and add value to the banking sector. The problem was obvious, and a solution was needed”, he said.
Dozie’s strategy paper found that solution to the indentified problem lay in the realm of technology and that made it shift into the electronic banking field as the way for the future.
“We had to improve the system of fund transfers and reduce transaction times for businesses, which is what we did. We introduced electronic fund transfers and the first debit cards. Now we have full mobile services, from transferring money to checking a balance”. Dozie positioned Diamond Bank in the forefront of technological innovation, he spurred ICT-centred banking that has now transformed the business beyond recognition. Forbes once described him as, “Rolling Stone that’s never at loss.”
At the time that Dozie stepped down as Chief Executive Officer in 2006, the bank had grown into one of Nigeria’s major banks in the post consolidated banking operations.
A year before that in 2005, he nearly lost it all when the Central Bank of Nigeria mandated that all banks must hold a minimum of N25 Billion in share capital and Diamond Bank at the time had N6.4 billion.
The Dozie family had to list its shares of the bank to raise the needed capital which meant he lost a large stake of the business.
In terms of treading difficult paths, Dozie had his dose. One of such was the entry of MTN to Nigeria.
When he was approached by MTN from South Africa to raise 40 per cent funds needed to set up its subsidiary in Nigeria, many of his friends were skeptical and rebuffed him.
Dozie noted that it was very disappointing because “You have a good project and you are turned down. You start to question yourself and start to question your head”
He was able to raise enough for a 20 per cent stake and that turned out to be a very wise decision with the success of MTN in Nigeria.
Though the Dozie family will get two access bank shares for every shares they own, no doubt that when the history of the new Access Bank in written, the name Pascal Dozie who joined the octogenarian club this year will feature very prominently.
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Boss Of The Week
Tobi Adegboyega: A Pastor and His Life of Impact
Published
2 days agoon
November 10, 2024By
EricBy Eric Elezuo
Many see him as controversial, while a great many others see him as a known philanthropist. However, the obvious fact remains that Nigeria-born, England based pastor, Tobi Adegboyega, is busy transforming young and youthful lives into the wonders they were created to be, using his NXTION, formally known Salvation Proclaimers Anointed Church (SPAC Nation), before June 2020, a Christian denomination worship centre in East London.
Situated at The Atrium on 124 Cheshire St, London, before the UK authorities reportedly ordered its shutdown, NXNATION was established to rekindle hope in the lost and about to be lost lives, especially among black youths. This, Pastor Tobi, as he fondly called, has been doing even as he is celebrating 44 years of impactful living.
According to information ontained from the church’s site, NXTION has been “a faith based organisation that is committed in seeing the lives of young people being transformed. A generation whereby many young people have been dejected, abused and simply overlooked, SPAC NATION merely offers an alternative, whilst changing the narrative of this generation one step at a time.
“Taking a hands-on-approach, SPAC NATION offers 1:1 mentorship/key work sessions, counselling and guidance through the means of lifestyle evangelism’’. A concept that is not common within today’s society, SPAC NATION breaks the mould…”
In a research conducted by BBC in 2019, it was observed that Adegboyega, who is said to be the cousin of Britain based popular actor, John Boyega, in collaboration with five other pastors (the generals) working with him, has helped many young people to lay down their arms and take up the bible as well as other worthy and rewarding businesses for a greater and better future, and of course many testimonies abound. Each of the pastors runs one of five churches across the capital.
Also known as PT (Pastor Tobi) by adherents, the young up and mobile Nigerian pastor is always the cynosure of all eyes during his services, which more than anything, takes the shape of a celebration, and the message is principally ‘prosperity gospel’ – a belief that God rewards his followers with material wealth – and the more they give, the more they will be rewarded.
Like every stylish preacher, Adegboyega attracts condemnation from most people who do not know how his church is run, and others who may have been fed with wrong accounts. But he affirmed that he has not taken anybody’s or church’s money, his flashy lifestyle notwithstanding.
PT’s denials came in the wake of claims by young followers that they have been left in thousands of pounds of debt, calling to question the church’s inner workings. But PT explains, bringing to the fore the reasons the church and its pastors sort of appear ostentatious:
“We realised young people need help. That help may be getting into college, or getting out of a gang.
“I realised that to connect with the generation you have to look like them.
“What are they looking for? Why are they attracted to drill rap? They want the shoes, and the clothes.
“We thought we’re going to do the same thing, and wear what they wear, then we’ll pass on the right message.
“I can easily pull up in a nice car among secondary school kids who may be about to start selling drugs. They ask what I do and I get them engaged.
“Once I get their attention I can pass on the right message, and tell them they’ll make money by changing their lives. We had to attract them.”
Adegboyega, himself, a pastor’s son and trained lawyer, has truly exhibited charisma in everything he has been engaged in, especially in the way he has been getting the young ones to jettison a life of crime and gangsterism to embrace the loving Word of God and genuine business. He is far from the typical everyday minister.
He said:
“SPAC is a very different kind of church. It’s not your typical church.
“We tell them there’s something better, whether that’s a start-up business, or education – if they weren’t part of our church many would be in prison, or dead.”
The wealth on display, apparently is also a cause for concern, given the vulnerability of many youngsters looking for a better way of life. Tobi believes that instead of allowing the youngsters seek good life through crime, it were better they are introduced to Christ, using all the trappings of the good life they envisaged.
In his church are neatly arranged rows of weapons, mostly knives, which have been surrendered by repented gangsters and small time criminals in what appears like a gangster movie.
While the church denies all allegations, vulnerable teens have opined that extortion reign supreme in the church in as much BBC reporter said she saw otherwise ‘when I spent a Sunday there’.
Tobi’s SPAC is another fortress with hefty looking and well dressed security men in their numbers, syrveying and parading the length and breath of the church. The measure, the church explains, is necessary because of the likelihood of persons coming in with weapons.
“We have very strong security measures in place. My first duty is to make everyone feel safe. The security we have, they are also from that background, so they know to sit certain people in separate areas.
“We’ve had arguments and near clashes but no one’s been beaten up because of our security.
“We have briefings every week. The head of our security has served in the military and one is an ex-policeman. We don’t do searches but we’re always keeping an eye out.
“People do bring weapons, but most do it to submit it to the church.”
He insisted that people come into the church with weapons only to surrender them. This sometimes is a consequence of appeals and admonitions overtime. He added that at sometime, guns were recovered as well as drugs.
“We’ve had guns once in a while. We’ve had a guy hand in four guns. He is still one of the leaders in church now. He said he wouldn’t go to the corner shop without a gun because he was so afraid people wanted to get him.”
Speaking further on recovered weapons, he said: “Most of these look like they’ve been taken from the kitchen, taken by young people who want to be able to protect themselves. Sometimes we’ve had rambos and samurai swords – professional knives, bought on the internet.”
Pastor Tobi Adegboyega summarised his destiny thus:
I grew up in the church, preached my first message in church at the age of 8 but, I grew to get into other things and I looked for solace and direction in drugs, education etc.
I felt the Lord calling me back at the age of 25 years but it wasn’t going to be into the church like I had known it. I had followed the Evangelical, Pentecostal and Orthodox “movements” all my life but I knew there was something more.
I am sent to a disenfranchised group of people. A new generation of young people, prospering on fire for God but mostly coming from difficult backgrounds.
Some years ago, we started to speak to this set of people about three of them to begin with, now these young men and women have increased to over 2000 people, in each service. Currently we operate with over 200 ordained ministers and pastors and we operate about 17 community units across London.
According to the BBC, nothing like this has ever been seen before. Young people coming to surrender to Christ and gang leaders and members coming to church to give up their weapons, drugs etc on the altar.
Financial times and many other television channels in the UK have recorded and reported what God is doing. We have created over 40 businesses as we create alternative lifestyles for young people in politics, business, finance, education etc.
In an exclusive interview with The Boss a few years ago, Pastor Tobi stated the obvious about his life. See excerpts:
Why did you you step down as head of SPAC Nation?
I did that because, I did not want to be like those elders or black politicians who in their lifetimes do not hand over but allow death to take them away. I felt it was right and I knew that those who have been with me have come of age. I believed they had to be given the chance to be leaders.
That is number 1. Number two, we have expanded so much that I needed them to take up leadership that is closer to their age. So, we needed the family circle to continue. Those where the major reasons.
So what is your new role in the church now?
I oversee the work of the church globally. I am in charge of the expansion of the work. We are presently in 168 locations worldwide so it is difficult for me to continue to pastor just one church in London city, especially since I have done it for sixteen years, day in, day out.
I pastor the church globally and also train the leaders. We have over 300 leaders just in London alone. My job is to gather those 300 and give them constant training, an overview of their duties and the building of families in a church setting.
A lot of people do not understand how SPAC Nation works. What is the format? You know it is not a regular church and people quarrel with what they don’t understand?
Before I explain the format, people must understand that we are a response to something. SPAC Nation birthed as a response to something that affected young people.
There were so many young people who were going astray; who were getting into all kinds of fraud and things like that.
I grew up in the church and I know what it was like as a youth to be disconnected from the church because most young people will say church was boring.
It does not create jobs for them, it doesn’t give them any hope in the future, other than just spirituality and the hope that God will do something in their lives in the future, which may not be. Our format in a nutshell is that we are consistently responding to the situation of these youths and we have created a path for their prosperity.
Therefore, we responded to that situation first from Queen’s Road, Peckham. Queen’s Road at the time was very notorious, police couldn’t deal with it. I started to gather young people in that area until the crime rate reduced.
The efficient way we reduced crime led us to the structure. It was the same way we reduced crime in Peckham, that we reduced crime in Benton and Croydon.
I knew that if young people can find hope, practical hope, then crime will reduce in those areas. Our format in a nutshell is that we are consistently responding to the situation of these youths, and we have created a path for their prosperity.
You bring few young people together, some of them had just come out of jail, the reoffending rate in London is the highest in the entire western world. So, it means that when they come out of jail, they would keep going back again and again, so we had to find a way to break that circle.
We had to reduce or break that by giving them businesses by coming together as a community.
I started by borrowing money for the top three business ideas of our people here. I gave it to them, and they invested in business, when they did that, they did not go back into crime.
We got those people out of crime, and we repeated that template over and over again in the past sixteen years.
In the beginning, I borrowed 1,000 pounds or 2000 pounds but now, they have grown it to millions of pounds. The pastor I handed over to; I started his business; it is called Zuriel UK; it is a recruitment business, he built that from whatever amount we started with at the time, now it is worth millions. The company was featured by Financial Times in 2017.
They did a piece titled, “Streetwise Approach For young people” or something like that. The three people who started with me as part of the SPAC Nation family then included one politician that we raised, the Zuriel founder and another major gang leader that had a Chauffeuring company.
The format is that we have many Senior Pastors, we have many houses in the UK, the houses are Economic Development Centres.
I give you an example, we have a house called the House of Medics. It is led by a lady Surgeon who graduated First Class in the UK. That House is to encourage young people that are interested in the medical field to get mentored.
Like I said, we came as a response to something. We have girls who got pregnant at 14, 15; their boyfriends would have been or is in jail. So we found out that instead of just preaching to these kinds of people alone, which is what the regular churches do, we create alternatives for them.
If they say they want to be medical doctors or any part of the medical field, we lead them to the House of Medics. There, they see people who look like them, they are black, the are Africans; Nigerians, Congolese, they see them active, working in the church and also studying. They will realize that if these people’s lives can change, theirs can too.
Essentially, what you do is give hope to people who are in a state of hopelessness?
Absolutely. In practical terms that is what we do. Churches too move people from hopelessness to hope, they preach and pray. But what we do is apart from the praying and preaching, we have created systems that can practically launch and lead them to a different path.
I also have to add that the Home Office has asked us for our format and we have given them, they seem willing to adopt it. I have spoken at Number 10. From the Prime Minister, to senior officials, I have discussed what we do.
A whole documentary was done about our strategy on Sky TV and it is online, it is public. I was educating them about the House Structure. The Metropolitan Police, Scotland Yard, have led delegations to our church to learn the format for many many weeks.
So ours is a format that is tested and trusted and it has been on for sixteen years and counting.
From what you have said, SPAC Nation has indeed achieved laudable feats. How come, Pastor Tobi Adegboyega is trailed by so much controversies?
What I have done in this city, there is no single black person that has ever done it. All the offices here, they would always say there is no one person that is able to gather all these youths like I have done. The police used to say that everybody we want to talk to are with you.
I will say that I am black in a very difficult country. I am not naïve to think that good works will always lead to good accolades. There were over 1000 youths in Chelsea yesterday (November 11, 2021) for my birthday. All the major people in this country were there. But I also understand that every movement has controversies.
Everything that is unusual is controversial. We have been doing our work for years but it was 2016 that we grew very exponentially and the work became very obvious with all the barrage of accusations and rumours.
BBC came and did 5 to 6 positive documentaries on SPAC Nation, then they decided to do one negative one.
All those who took part in the first five wrote to the BBC when they discovered their motive that they were not going to part of this one, but BBC decided to do it all the same.
And of course, as humans, we then had some people from the church who said this and that happened. We have been very open, we have been investigated many times and since that 2017 not one charge, not one allegation proven. Not one.
And I am sure you know how the British media operates, not one person has been charged for any wrongdoing. So these are just rumours, we are not perfect but if it was a white person’s charity, gathering thousands of youths and turning their lives around, they would not be treated this way.
Are you saying there is a tinge of racism in the allegations and accusations that has been levelled against you and SPAC Nation? That you are being hounded because you are black?
Oh yes! Definitely. There is no question about that. We have saved the British government 210 million Pounds since 2019. We have given the government ammunitions and weapons, knives, guns etc (160). We have situations where people will not surrender their guns unless I am there.
The Police would have to call me before they will surrender. That is a lot of power. I have announced at a rally where we had thousands of young people that things will come against us.
I study movements, I have studied movements all my life, there is no way in the world that you are going to do what we are doing in a strange country that is not your country of birth and not have things come up against or thrown at you.
There was a lady who used to live with me and she got pregnant at the age of 15, you can imagine how heartbroken she was. She was able to overcome that situation, and in 2019, we encouraged her to take to politics and she later decided to stand for an election.
When she went for the office in Croydon. I went with her to the Conservative Party Convention, and I was sitting right behind Boris Johnson, the video is online. The Labour Party then believed that I was Conservative and they started all the rumours.
The Labour politician put it clearly, that he felt I wanted to expand our evangelical zeal in Croydon. Many people from his party did not support his position and I told him.
Look, Labour Party members have been to the SPAC Nation, Conservative Party members have been to the SPAC Nation and other parties too, apart from the current one, there is no serious candidate aspiring for Mayor of London that has not been to the SPAC Nation.
We usually give the opportunity to everybody but he is the one that led the charge against me and against the Nation as we call ourselves because he thinks I want to get involved in politics.
Is it the MP Steve Reed that you are referring to?
Yes.
Ok, what of the stories that you Pastor Tobi are hypnotizing these youths? What medicine are you using on them?
I am not using any medicine. It looks strange to them and they are all surprised at how far we have come because they just cannot connect with these young people.
And I can tell you why they can’t. I will start with our churches. They cannot connect with them because they do not care. When you have a church filled with young people there is no money.
So what church will spend its time on young people that can’t bring money, young people that look like they have no future.
Secondly, I went to Number 10 and we had a talk about helping young people and reducing crime. When I walked out of the door of Number 10, I was with three Special Advisers for Theresa May and one Adviser of Boris Johnson, this again is online, I realized in the course of that talk that many do not understand that before you can change a person’s life you have to connect with that person.
What I have is that I can connect with the youths. If you can connect with someone, he or she will love you. I have just been plain.
All my life in the UK, even when I was a kitchen porter here in London, washing plates and sleeping on the floor, young people have always flocked around me because of how I relate with them.
These same young people who were on the floor, some of them have graduated First Class in Computer Engineering, some of them have become millionaires, so why would they not love me?
I live my life with them. If you can be open and plain with people, especially young people, they will love you.
At the moment I live in my house with about 20 people. If you are with them you will understand them, you will connect. That is what we have done, young people figure things out quickly, they are rebels naturally.
I love young people and I know how to connect with them. Maybe that is my medicine.
People say your lifestyle is ostentatious, that you are lavish and flashy, you ride expensive sports cars etc. How did you go from washing plates to riding a Lamborghini and living like a super star?
Let me first explain to you the philosophy behind it all. Rappers rap about all kinds of things, especially in UK and US. There is a genre of music here called Drill, which talks about killing people, doing all kinds of terrible things and a lot of crime is incited through the music.
These guys drive the best cars, they are flashy and people follow them because of these things, so we thought we should do what they do and even be better, while also spreading the right message. So instead of people trooping to them, they will come to us.
Have you seen the marlian movement in Nigeria?
It is huge
Exactly, they have their own lifestyle. But the church, we lock our selves in the room, we would not reckon with them. I know many Pastor-friends in Nigeria, who have Bentleys and Rolls Royces, but hide them. I cannot do that.
We were lucky early enough to understand the language of these youths, whatever people criticize, I do not care, I go for it if it fits my purpose.
Let me tell you, before 2016, we started investing in Crypto currency, again as a result of my association with these youths, everybody was laughing at us. I said guys lets focus, at the end, we ended up taking so many people off the streets, and set them up in business with what was made from that investment. Now we have our own internal loan system that I launched yesterday.
Anyone that wants to start a business, we would give a loan without any interest. We are doing this with Knightshield which is one of the businesses started by one of the Pastors.
The ostentatious lifestyle like you call it is all about me, but trust me, I am not materialistic. I have never cared about material things.
There are people around me that we have raised over the years, I promote stuff for people, all the luxury items for example. I have never bought a car.
Really, this is shocking to hear?
That is the truth. I have never bought a car and I have never owned a car, I don’t have a car, that should be on record. But people will see you with cars and speculate. There are people in the Nation family who own these things.
Cuts: So all those Porsche, Lamborghini, and others that you cruise around town are gifts?
No they are not gifts. They are owned by businesses or people in the church. If I drive them, I speak about them or their businesses and people will patronize them, that is what has been happening.
For example, the guy who designs for Louis Vuitton, he sends me stuff all the time and say “just wear it” and talk about it.
Earlier you said you don’t have a car, how does a man of your status move around?
Like I said earlier, I have got people. I want to prove it to the world that when you have done things for people, helped people, you will have no problem. I don’t have a house anywhere else in the world except the UK. And that is the house I said I live with about 20 people, but when I get to anywhere in the world, I have people who are ready to offer all kinds of things to make me comfortable.
I don’t leave my house and go all about. If I wake up today and say I want 10 Louis Vuitton shoes, I will get 150, but I don’t need it because I have more than enough. That is my formula.
Happy 44th birthday dear Pastor Tobi!
Related
Boss Of The Week
Meet the Working Senator, Ajagunna Olubiyi Fadeyi
Published
2 weeks agoon
October 28, 2024By
EricBy Eric Elezuo
Men of timbre and calibre, like dynamites, come in very small packages, saying very few words, and churning out gigantic achievements that stand the test of time, and last for ages. The Senator representing Osun Central Senatorial District, Ajagunnla Olubiyi Fadeyi, royally known as the Bafoyin, is a man of timbre and calibre; a man of many parts; a complete gentleman, and more importantly, a go-getter.
In just 16 months as his people’s representative in the Senate, Ajagunnla has demystified governance, making every step, hour, minute and seconds count admirably for the interest and benefit of the people, whose mandate he is riding on at the Red Chamber.
His avalanche of deliverables has become a case study for colleagues, who wish to know how he has been able to achieve so much within a short space of time, and with inadequate funds.
The personality of the working Senator is captured by as many as know him in and out, and presented below:
Ajagunnla Olubiyi Fadeyi was born to the family of Dagilogba Baba Ayodeji Fadeyi, of Eran’s Compound, Oke-Ede, Ila Orangun in Osun State and Mama Esther Tinuola Fadeyi of Odu’s Compound of Oke Ejigbo also in Osun State.
His father, while alive, was an astute and respected Administrator, who served at the then University of Ife now Obafemi Awolowo University in Ile-ife, while his mother rose through the ranks to become a Matron in nursing before becoming the owner of Oduduwa Hospital in Ile-Ife.
Buoyed by parent’s conviction that education is a non-negotiable ingredient for a meaningful and purposeful life, the young Biyi, as he is popularly called, started his illustrious educational career at Seventh Day Primary School, Ile-Ife, and thereafter, proceeded to Moremi High School also in Ile-Ife, for his Secondary School education, This was immediately followed with a Bachelor’s Degree with Honours at the prestigious Obafemi Awolowo University, Ile-Ife. For his postgraduate honours, he obtained a LL.M in International Business Law at the University of Cumbria, Carliste in the United Kingdom.
Growing up in Ife, he developed a penchant for academic pursuit, so it’s not a surprise that he attended Ivy League colleges in the US, specializing in Business Management, International Relations, PPP Risk Analysis and Political Economy. He also took Senior Executive Courses in International Relations and Political Economy from the renowned London School of Economics & Political Science (LSE) London, United Kingdom.
Ajagunnla Olubiyi Fadeyi is a member of Senior Executive Course in National and International Security at Harvard’s John Kennedy School, Boston, USA.
Olubiyi also has gone through some executive courses in Leadership and Block Chain strategy at the said business school, Oxford University, United Kingdom. As a Public Private Partnership (PPP) expert, who facilitated many PPP projects in and outside Nigeria, he has participated in PPP Executive Courses at the International Law Institute (ILI) in Washington D.C, USA.
Biyi has also been to the prestigious Harvard Business School (HBS) in Boston, United States where he attended Senior Executive Management courses in Creating Shared Value, Competitive Advantage Through Social Impact as well as other courses at the Harvard Law School, specializing in Negotiation. It is worthy of note that while at Harvard, Biyi attended three major faculties, the Business School, The Kennedy School of Government and the Harvard Law School where he became a Senior Executive Fellow.
He also has a Honorary Doctorate Degree in Infrastructure, Planning and Management, from the Esfam-Benin University, and Honorary Doctorate Degree in Administration, Policy, and Leadership, from the Commonwealth University in UK.
As a PPP Consultant and expert, he has partnered with state and Federal Governments on Public and Private Partnerships (PPP) on infrastructure projects mainly on Road, Bridges and Seaports in Nigeria, which has attracted over 7 Billion USD Foreign Direct Investment through his core International partners to Nigeria in the last 15 years.
Ajagunnla Obubiyi Fadeyi is the Executive Chairman of Fane Group, a Group of Companies with subsidiaries in Consultancy, Real Esate.
He is an expert in Road and Sea Port Infrastructures, Energy Services, Hospitality and Sport Betting. He is also the Chairman of Harvard Continental Hotels, Luckia-fane Gaming Company Ltd and Chairman Dubia Free Trade Zone, A Multi-Billion Naira Company with well over 500 employees in its payroll.
He is a strategic Partner to the Economic European Development Council (EEDC), Partner to European Market Research Centre, Energy Partner to Luckia Gaming South Africa, and Infrastructure development partner to China Harbour Construction Engineering Company, China.
In his desire to give back to the society, he forayed into politics, and contested for the Senatorial seat of Osun Central Senatorial District in 2019. Ajagunnla came with a bigger wave in the 2023 Election, and presented a robust issue based campaign with which he defeated then the serving Senator from Osun Central in a hard fought election, winning with a wide margin.
Ajagunnla Olubiyi Fadeyi is a member of the 10th Senate of Federal Republic of Nigeria. He is the Vice Chairman Senate Committee on Communication, and also the Vice Chairman Senate Committee on Trade & Investment.
A Senior Executive Fellow of Harvard, a proven guru and philanthropist, Ajagunnla is happily married with children.
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Boss Of The Week
Imaan Sulaiman-Ibrahim: Security Colossus, Performer Extraordinaire
Published
1 month agoon
October 12, 2024By
EricBy Eric Elezuo
The hallmark of diligence and genuine stewardship is result: a result that impacts on the lives of the populace. Consequently, one individual has been described as not only industrious, diligent and result-driven, but has exhibited tangible results that speak volumes of her passion to serve. She is the Minister of State for Police Affairs, Hajia Imaan Sulaiman-Ibrahim.
Young, dynamic, energetic and with an eye for details, Hajia Sulaiman-Ibrahim cuts across as a thoroughbred professional, whose stock and trade rests squarely on the need to deliver dividends of democracy, trust and egalitarianism.
It is therefore, not a surprise that the Honorable Minister has consistently received accolades from her immediate constitutuency, the Police, other security agencies across board, stakeholders in the Nigerian security business, and the general public, who have seen and acknowledged her undisputed legacy of thorough policing, initiatives and landmark achievements in the little over one year as an appointee of President Bola Tinubu.
This is one public officer, who has redefined gender inclusion, proving beyond reasonable doubt that women have class and height as far as administrative equanimity is concerened. She has given stakeholders and all and sundry that framework on which to unanimously agree that she, in the discharge of her constitutional duties, has exceeded expectations of observers, analysts, employees and employers as she continually dishes out one great innovation after another.
It is not by accident therefore, that recommendations were showered on the Minister at the 2024 Security Conference and Awards of the National Association of Online Security News Publishers (NAOSNP), which was held at the Oriental Hotel, in Lagos with notable dignitaries from the security agencies and beyond, in attendance.
Speaking as the Distinguished Guest Speaker at the meet, Hajia Sulaiman-Ibrahim, had highlighted the grace she brought to Police Affairs Ministry, which has seen to both the initiation and execution manifold projects, and their attendant testimonies, including identity tracking for national security.
“As someone deeply invested in the safety and security of our nation, I have spent considerable time reflecting on how best to address Nigeria’s complex security challenges. The more I engage with experts, our police force, and other stakeholders, the clearer it becomes that identity tracking is one of the most powerful tools at our disposal. It is not just about knowing who is in our country; it is about building a system where every identity is securely accounted for, and reducing opportunities for crime,” she said.
THE WOMAN IMAAN SULAIMAN-IBRAHIM
Appointed in August 2023 as the Minister of State for Police Affairs, Hajia Imaan Sulaiman-Ibrahim, a distinguished international professional with over two decades of expertise spanning the public, private, and development sectors, has a wealth of experience in conflict management, human capital development, peace building, and national security. She has no doubt established herself as an administrator par excellence.
Well read and well learned, Sulaiman-Ibrahim obtained is a B.Sc in Sociology holder from the University of Abuja. She is reputed have earned two Master’s degrees; an MBA and an MA in Management – both from Webster University, St. Louis (London Campus) at the young age of 21.
Reflecting her dedication to continuous professional growth and barefaced love for education, the honorable minister is currently pursuing a Doctorate degree in Security and Strategic Studies at the Nigeria Defence Academy.
In addition to her academic achievements, she co-founded and serves as the President of the BumbleeBee Civic Initiative (formerly The Beehive Initiative), a platform dedicated to mentoring politically inclined women and promoting grassroots civic awareness.
Her public service record is equally impressive and worthy of emulation. As Special Assistant on Strategic Communication and Partnerships to the Minister of State for Education (August 2019 to December 2020), she led the development of the innovative Alternate School Programme, securing Federal Executive Council (FEC) approval for its implementation. She later served as Director-General of the National Agency for the Prohibition of Trafficking in Persons (NAPTIP), where she significantly improved national efforts to combat human trafficking and address irregular migration.
She has also served as Federal Commissioner and CEO of the National Commission for Refugees, Migrants, and Internally Displaced Persons (NCFRMI). In this role, she launched the “Project 5s” initiative, a comprehensive program aimed at addressing the pressing challenges faced by vulnerable populations in Nigeria.
As a politician, strategist, and award-winning leader, Imaan has garnered recognition for her work in national security, conflict resolution, and human capital development. On July 27, 2023, President Bola Ahmed Tinubu appointed her as the Minister of State for Police Affairs, making her the first female to hold this position.
Hajia Imaan Sulaiman-Ibrahim is indeed a force to reckon with in administration.
ACHIEVEMENTS AS MINISTER
As a prudent and high flying administrator, Hajia Sulaiman-Ibrahim explained her achievements so far in a speech as follows:
“In my role as Minister of State for Police Affairs, I have therefore made it a personal mission to prioritize the integration of cutting-edge identity technologies into our policing systems. Under the leadership of His Excellency, President Bola Ahmed Tinubu, GCFR, my Ministry has been working tirelessly to complete the National Data Fusion Center. This facility, now at an advanced stage of development, will serve as a centralized hub for integrating and analyzing identity data from multiple sources, and will significantly enhancing our capability to track and neutralize threats.
“It might interest you to know, that when we resumed office, our first task was to develop a comprehensive reform roadmap—The Renewed Hope Police Reform Roadmap. We critically reviewed eight previous attempts at reforming the Nigeria Police Force and conducted on-ground assessments of police installations nationwide. I personally examined policing systems in countries like the United States, the United Kingdom, and the United Arab Emirates, amongst others. These efforts, combined with extensive consultations with stakeholders at local, national, and international levels, led to the creation of a reform roadmap built on six foundational pillars designed to strengthen and redefine the NPF’s operational capacity.
“…our vision is ambitious but clear: to create a world-class Nigeria Police Force that is inclusive, community-based, intelligence-led, and technologically advanced—fit for the 21st century. We aim to excel in maintaining public safety, upholding the rule of law, and fostering community trust through transparency and accountability.
“As you will suspect, the first pillar of our reform roadmap is Technical and Operational Excellence, which focuses on harnessing technology to elevate the capabilities of our personnel. We are also enhancing sectoral policing capabilities, including air, marine, and transport policing. Other pillars include Infrastructure Advancement, Welfare Enhancement, Policy Framework Development, Community Policing, and Rebranding and Strategic Communication. These pillars provide the strategic direction necessary to achieve the President’s vision for a secure and prosperous Nigeria, and we are already making significant strides in implementing key interventions.
“For example, we have significantly enhanced the capabilities of the Nigeria Police Force National Cybercrime Center (NPF-NCCC). This has led to the resolution of major cases, including the arrest of suspects involved in a 16-billion-naira financial crime against a major financial service provider, amongst several others.
“Additionally, the NPF Green Initiative was recently launched, which is the most ambitious police project in the last decade. The initiative, currently in its implementation phase, includes solar power installations at 5,000 police locations, deployment of 840 electric vehicles and 605 gas-powered vehicles, establishment of 14 electric vehicle charging stations, and installation of 38 gas refill stations.
“Given the size and demands of the NPF, we are also exploring the establishment of a Police Industrial Complex. This facility will produce essential equipment to meet the NPF’s operational needs. This approach will not only preserve foreign exchange but also create local jobs and stimulate the economy. Preliminary commitments are already in place, and we are working closely with stakeholders to finalize the details.
“In collaboration with the Ministry of Solid Mineral Development, we have deployed mining marshals to secure critical mineral sites
“We have also graduated and deployed the first batch of officers under the Special Intervention Squad. These officers are equipped with the advanced skills and capabilities needed to protect communities, uphold the rule of law, and restore peace in conflict-prone areas. Alongside this, we are reviewing the curriculum of our training institutions to ensure that the training officers receive is relevant and responsive to emerging security challenges.
“Automation is another key aspect of our reform. We have streamlined the process for obtaining the Police Character Certificate through an automated system with globally validated reference numbers, significantly improving turnaround times for applicants.
“To enhance regional cooperation, we have strengthened the West African Police Information System (WAPIS). The legal framework has been fortified, and key security institutions are now equipped with WAPIS terminals. This has significantly improved access to critical information, enhancing our ability to combat crimes effectively.
“Over the past year, we have made strategic investments in surveillance technologies, drones, and communication systems to boost real-time information gathering and response capabilities. We have also introduced ICT applications such as the RescueMe App and e-CMR (electronic Central Motor Registry) to enhance our epolicing strategy. These platforms have improved efficiency and productivity across our operations.
“Our efforts extend beyond technology; we are committed to community engagement as a fundamental aspect of our security strategy. We have held numerous townhall meetings nationwide to foster grassroots understanding of security dynamics and develop community-specific solutions. We have also strengthened our partnership with the Police Community Relations Committee (PCRC), resulting in better intelligence sharing and collaboration.
“In addition, we are developing a National Policing Policy to enhance the operational capabilities of the NPF and ensure more responsive and responsible policing. We have also launched the NPF Gender Policy to improve the gender balance within the force, and I am proud to announce that our advocacy has led to the inclusion of a female officer in the force’s leadership team.
Hajia’s father was an Abuja-based engineer and developer while her mother was a teacher. She is the second child in a family of eight children, and is happily married, three children.
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