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Opinion: New Electricity Tariffs: Questions-Reuben Abati

Published

5 years ago

January 7, 2020

Editor

By Reuben Abati

The Buhari administration has given Nigerians a most unusual and disturbing New Year Gift, in the form of a proposed increase in electricity tariffs, enforceable from April by the Electricity Distribution Companies (Discos) and to be completed by the end of 2021, with the full backing of the regulator, the Nigerian Electricity Regulatory Commission (NERC). What happened? I am in a state of shock. What we knew, what we saw, before now, indeed what we were told, was that the electricity distribution companies were the weakest links in the electricity supply chain. They were accused of different infractions by the Ministry of Power, the Nigeria Bulk Electricity Trader (NBET) and the NERC which included, failure to abide by the provisions of the National Electricity Power Sector Reform Act (EPSRA), violation in particular of Section 74 thereof; failure to make due remittances to the Bulk Trader resulting in huge debts that had become a problem for the sector, and failure to comply with the metering system.

By October 2019, the NERC had served notice that it was prepared to revoke the licenses of the 11 Discos, should they fail within a 60-day deadline, to give reasons to the contrary in defence of their continued presence in the electricity market. The standard official line was that the Discos were incompetent and ineffective, making the value chain difficult for both the Transmission Company of Nigeria (TCN) and the Generating Companies (GENCOs). The DISCOS insisted that they had done nothing wrong. They complained about (i) the huge cost of doing business in the sector; (ii), the failure of government to enforce cost reflective tariffs in line with the Multi Year Tariff Order (MYTO); (iii) electricity theft, (iv) the non-availability of gas due to vandalism, (v) government’s refusal to engage with stakeholders in the sector and (vi) they alleged that government is the biggest debtor in the market due to the refusal of government departments and agencies to pay electricity bills.

The big take-away for me was the persistent threat by the Federal Government of Nigeria that the DISCOs will be scrapped, or that their licenses will be revoked and re-assigned. It was said quite loudly that the current owners of the licenses got involved in the electricity sector not because they have the technical know-how or the financial muscle, but simply because they were close to the Jonathan administration, which accelerated the power sector reform process. Cast in that shape, the electricity sector became part of the unending navel-gazing, Jonathan-caused-it card that has been consistently played by the Buhari administration.

What is shocking however is that the decision to increase electricity tariffs raises more questions than answers. On the surface of it, the Federal Government and its agents have capitulated to the DISCOs. How and why? At what point did the Federal Government buy into the argument of the DISCOs that the most important challenge in the electricity sector is the payment of cost-reflective tariffs? And how was the 77% increase arrived at, with consumers in the South East having to pay more than the rest of the country? Is this a case of ethnic discrimination? Do consumers under Enugu Disco use more electricity? What formula determined the new proposed rates? Well, they tell us it is all based on “changes in macroeconomic variables and available generation capacity”. Please, what does that mean in common man’s language? We have also been told that the proposed tariff hike is a retrospective adjustment to make up for revenue shortfall for the DISCOs from 2016 -2018. So, should the consumer be punished for the regulator’s failure to respect its own enabling Act? And by the way, in the last four years, electricity tariffs have increased by about 300%.

What we see is an excessive emphasis on revenue and profit by those in charge of the service delivery sectors of the Nigerian economy in general. Nobody cares about the consumer. On all fronts, the Nigerian consumer is left unprotected. He or she is perpetually served the short end of the stick, and violated without consultation or respect for his or her right to be heard. The electricity sector is one of the most inefficient sectors in Nigeria. The national grid collapsed more than 10 times in the year 2019. Every month, we were told that gas pipelines had been vandalized. The DISCOs complained endlessly that they were having problems, but they were merely giving excuses. The regulator towards the end of the year introduced a compulsory metering policy and urged consumers to get properly metered to avoid the menace of estimated billing and the grand corruption that comes with it The DISCOs resisted the metering policy and virtually either refused to support it or adopted measures to frustrate it. They circumvented the terms of the policy. Today, most consumers of electricity remain unmetered. They do not enjoy efficient service. They are billed on the basis of some nebulous categorization called “status.” What “status”? The owners of Yola DISCO pleaded force majeure and threw in the towel, but other DISCOs continue to operate without offering the people premium service. This has angered customers across the country. In Benin, the people once carried placards against the electricity distribution company, the BEDC. In other parts of the country, DISCO officials have been beaten up and given a bloody eye.

On top of it all, the proposed increase in electricity tariffs is insensitive to the feelings of electricity consumers. Many Nigerians insist that they are willing to pay for electricity if they get it on a regular basis – for now, we are a nation in darkness. The people want transparency – the pervasive estimated billing system does not promote that, the DISCOs simply charge as they wish on the basis of nebulous factors. The people want meters, but nobody is taking that seriously. The timing and announcement of the proposed increase are also unfair. It is an unkind New Year Gift to a people confronted with a year of more taxes, with Value Added Tax jumping from 5% in 2019, to 7.5% in 2020 along with other taxes under the Finance Act of 2019. Nigerian workers expect that the increase in the new national minimum wage will be fully implemented in the year 2020, but it is obvious as we enter the new year, that the new minimum wage has already been wiped out by increased inflation and taxation. It is ever so convenient for government to punish the common man. In other countries, governance is aligned to the people’s interests and welfare. In Nigeria, our governors seek to inflict pain and punish the people.

The opaqueness in the electricity sector is another problem. It promises to be worse than what we have seen so far in the oil and gas sector and the inefficiency of the oil corporation, NNPC. We are told on one hand that electricity tariffs will go up in April, while at the same time, the regulator announces that the Federal Government will underwrite N544.8 billion Electricity Tariffs Shortfall in 2020. How? Is that a subsidy? And if so, is there a provision for it in the 2020 Budget? N544.8 billion? How was that figure arrived at?

The Federal Government says the intended increase in electricity tariffs is meant to get the sector back on track. Taxing the poor and the impoverished is not the best way to get anything back on track. The electricity sector is in urgent need of a general review and reform, and there are many issues to be addressed. Cost reflective tariffs under the MYTO regime may make the investors happy, but making consumers happier and protecting their interests should be the priority of government. Will increase in tariffs translate into efficiency? I doubt. Efficient service delivery is important. Will government agencies, the biggest debtors in the electricity sector now pay their debts? We don’t know. Or has there been a quid pro quo at the people’s expense? Is government planning to write off the debts of the DISCOs, and forgive their sins? What has happened to the plan to revoke operational licenses in the sector? Too many questions. But that is Nigeria for you. Nothing is ever straight-forward.

II: The Pope And The Woman He Slapped

On New Year’s Eve, December 31, 2019, Pope Francis slapped a woman’s hand as she clung to him, and grabbed him while he was making the rounds greeting pilgrims at the Vatican. The following morning, the Pope apologized for what he called “yesterday’s bad example”. The footage of the Pope, freeing himself from the woman, with a scowl on his face, has since gone viral, but I am pleased that there are more people in support of the Pope than against him. Significantly, there has been no outrage. The Pope’s apology came swiftly in less than 24 hours but he actually didn’t need to apologize because he did no wrong.

What is established is that the Pope, often decorated with the toga of spotlessness, perfection and sainthood is human after all. He is like us. He is one of us. Like everyone else, if he feels threatened or unsafe, he will try to protect himself. The Pope was reacting to an invasion of his space. It is fine to shake hands but some people don’t know when a handshake sends a different signal. They grab. They linger. Women probably understand this better. The moment a handshake becomes an unwanted and unwelcome gesture; the other party is bound to recoil in horror or anger. That is precisely what the Pope did. He slapped the woman’s hand twice and freed himself.

I do not agree with those who argue that this is an indication of lack of clarity about Church teaching or that it is a case of “violence against women.” In any case, the Pope’s hand swat was just a mere tap. This wasn’t a case of an Anthony Joshua slapping an over-eager Asian woman at St. Peter’s square. Where was Vatican Security by the way? In his Angelus remarks on January 1, the Pope delivered a message of hope and preached about “violence against women.” He has been accused of hypocrisy for that but his critics are again unfair to him because the equivalence that they seek to establish with the event of the night before is false.

For me, by offering an apology, the Pope sets a good example and tone for the new year and decade. He reminds us of a value that is increasingly missing in social relations between the powerful and the ordinary in our world. The Pope is leader of over 2.1 billion Catholics in the world. He controls minds and imaginations. To see the head of such a large congregation getting angry in public, and even getting “physical”, is a reminder of the commonality of human emotions, but his apology in an age when many, especially the powerful and the privileged have lost the capacity to say “I am sorry, I didn’t mean to do that” is the most ennobling aspect of the incident. When last have you as a person, tried to say: “I am sorry”? In today’s world, we rarely apologise for the gaps between acts and intentions. We don’t care enough about the feelings of others. People are just intentionally offensive, be they leaders or followers – and that is why the world is such a troubled place today from Ukraine to Crimea, Iran, Iraq, Syria, Turkey, Israel, Afghanistan, Saudi Arabia, Venezuela, North Korea and the United States. Even when some people try to be contrite and they offer apologies, they sound more like Prince Andrew of the United Kingdom making empty noise about obvious wrongs, or like Jeremy Corbyn’s hollowness on anti-Semitism.

In this matter, we have focused more on the Pope, perhaps understandably. But let the point be made: that the woman who grabbed him is an archetype for followers who do not know their boundaries. Ordinary people tend to cling to leaders, particularly religious leaders. In the Bible, Luke 8: 40-49, the people crowded and pressed against the Lord Jesus Christ and a woman touched Him prompting Him to ask: “Who touched me?” Someone touched me, I know that power has gone out from me”. These days, the people overdo it, because they believe that their salvation lies with that touch, that encounter with the man of power or the symbol of divine authority. Many Christians worship Man rather than God. But it is perfectly normal for the Pope to act like a human being and good for all of us to see that he is just like “us”.

Headline

Rivers Crisis: The Taming of Sim Fubara

Published

10 hours ago

May 13, 2025

Eric

By Eric Elezuo

Listening to the suspended Governor of Rivers State, Sir Siminalayi Fubara, on matters arising over his suspension and possible reinstatement, one is bound to conclude that the embattled governor, who fell under the hammer of executive emergency declaration, either buckled to pressure from high places, or have compromised his hard stand as a no-nonsense people-oriented governor. In all, it is believed that Fubara has been categorically tamed; a situation profoundly compared to William Shakespeare’s ‘The Taming of the Shrew’.

The Rivers State scenario typically adapted the characterisation of the Shakespeare’s classic, where the character, Christopher Sly, was roundly pranked by a mischievous nobleman to mistakenly believe that he too was of nobility. Alas, it was a ploy to tame his ego, distract him from what he cherished most.

Fubara, at the service of songs held in Port Harcourt, Rivers state capital, in honour of late Edwin Clark, elder statesman and the leader of the Pan Niger Delta Forum (PANDEF), not only disclosed that his heart is no longer in the governorship job from which he was suspended almost two months ago, but lambasted his supporters and followers for adopting the ‘oshogbe’ approach in fighting for his cause.

Fubara, in a tone, that betrayed his earlier tough stand, said he is not desperate to return to office nearly two months after President Bola Tinubu declared emergency rule in the state.

“Have you asked yourself, do you think I’m interested in going back there? I want to ask you—don’t you see how much better I’m doing?” Fubara asked the audience at the service of songs.

“Do you think I’m interested in going back there? If I had my way, I would say this is it. This is the will of God. I don’t wish to go back there. My spirit has left that place,” he added, much to the surprise of a divided in opinion audience.

Fubara was not only basking in the euphoria of a deceived commoner, but also wore the garb of Katherina, the unwilling participant, who was tamed by his would-be groom with various psychological torments, including refusing food and drink until she becomes an obedient, desirable and compliant bride.

This typifies the beginning of the relationship between Fubara and his erstwhile benefactor, Wike, who went the whole yard, proving the not available nobility of the then chief accountant, denying him the appurtenaces of the office of Governor till he can become what they want of him. And like Katherina to Petruchio in Shakespeare’s classic, the Rivers governor has completely turned around, jettisoned his supposed shrewness to become a loyalist, who is now at the beck and call of the master. If his masters say a man is a woman, or the sun is the moon, the tamed subject will willingly agree, and without rancour. His actions and utterances have to a great extent proved his tamed status.

Fubara’s remark was in response to several tributes by members of the Rivers Elders Forum, who referred to him as “governor” and condemned his suspension.

Unlike the Fubara before the March 18 suspension by President Bola Tinubu, the governor dissociated himself from those statements, describing them as personal views not aligned with his approach.

He said such comments were unlikely to support peace in the state.

The governor also expressed concerns that actions taken by some of his backers had, in fact, worsened the crisis.

He asked the audience to focus their reflections on Clark’s life and legacy, rather than turning the event into a political protest.

It would be recalled that Fubara’s alleged change of heart in the heated crises that have seen him become estranged with his political godfather and immediate past governor of Rivers State, who is presently the Minister of the Federal Capital Territory, Nyesom Wike, became visible after his supposed meeting with Tinubu in London. Though the outcome of the meeting is yet unknown, recent actions and utterances of the governor tends to prove that a sort of compromise, which may seem detrimental to his political future, was arrived at. He was quoted shortly after arriving Nigeria from London, as saying that Tinubu should be supported.

Wike, with whom he has been at loggerheads over leadership of party structure in the state for over 18 months, confirmed during a media chat on Monday, that the embattled governor visited his Abuja residence, with two other governors, to plea for peace and understanding.

Recall also that Fubara and Wike have been locked in a bitter political standoff since late 2023. This created a dichotomy in the leadership loyalty with Wike controlling the members of the House of Assembly, except for four of them, while Fubara controlled the executive. Both arms of government have not been able to see eye to eye until the eventual emergency rule declaration. While the Assembly sought to impeach the governor, the governor and his team were bent on kicking the Assembly members out, leaning on their well celebrated decamping to the All Progressives Congress (APC). The members later denied defecting.

On Friday, February 28, 2025, the Supreme Court made landmark pronouncements that placed Governor Fubara on the receiving end, and giving Wike and his supporters victory in what seem to be a foreclosure in the game of throne that paralysed the political and administrative existence of the state since inauguration in 2023.

Not only did the court nullified all the structures that sustained Fubara’s administration, it lambasted the governor, thoroughly reducing him to a laughing stock among Wike and his followers, berating him for breaking down the Rivers State House of Assembly building as a way to stop the defected 27 lawmakers from sitting, thereby forcing them to sit outside to carry out their lawful activities.

The justices said it is a regular occurrence for those in executive power who feel threatened that their seat is being taken or is about to be impeached to resort to actions like demolishing buildings and other acts of bigamy.

THE ROAD TO PEACE

Fubara, seeming to have lost following the Supreme Court judgment, started exploring every option to ensure peace so that his impeachment is never put on the table. As a result, putting aside the disgrace of being locked out of the assembly quarters, the governor promised to re-present the budget in fulfillment of the Supreme Court order, choosing Wednesday March 19, 2025, or any other date in March, the lawmakers might choose. But the President preempted the move with an emergency rule.

Rivers State has been at the centre of a deepening political feud between Fubara and his predecessor and political godfather, Nyesom Wike.

Following the political situation in the state, President Bola Tinubu intervened in December 2023, brokering a peace deal between both sides.

However, on March 18, Tinubu declared a state of emergency in Rivers and suspended Fubara, his deputy, Ngozi Odu, and all the state lawmakers, temporarily bringing the tension in the state to an end

The President also appointed a retired naval chief, Ibok-Ete Ibas, as the sole administrator of the oil-rich state.

The move effectively dissolved the existing government structure, placing the state under federal control.

The 11 Peoples Democratic Party governors had filed a suit at the Supreme Court in protest, to challenge the President’s action; a move the National Assembly challenged, urging the court to dismiss the suit filed by the PDP governors.

The National Assembly also contended that the suit was procedurally flawed and lacked merit, while further arguing that the court lacked the jurisdiction to entertain the suit and should award N1 billion in costs against the plaintiffs for filing what it termed a frivolous and speculative suit.

The suit is yet to be determined.

Fubara remains in limbo, but seems to have chosen the path that would give him a soft political landing. Every finger points to the fact that he may have compromised his mandate, pushing his fighting supporters to stop the criticisms against Tinubu and Wike as well as insinuating that he was fed with the governorship mandate.

It has also been alleged that even if Fubara is restored to complete his term, he may not be allowed to seek another term. This could be the premise on which the suspended governor is speaking from the other side of the mouth.

When Shakespeare wrote The Taming of the Shrew many centuries ago, exactly between 1590 – 1592, the Wike/Fubara was not in the equation, but today, the plot typifies the present day Rivers State where the incumbent governor has been tamed to speak everything good of his tormentors.

It is still not known, however, if Fubara will make good his threat not to return to office, but it has become obvious that he is now willing to dance to the tune of he that pays the piper.

Headline

Behold the First Ever American Pope, Robert Francis Prevost

Published

4 days ago

May 9, 2025

Eric

Robert Francis Prevost, the first pope from the United States, has a history of missionary work in Peru but also a keen grasp of the inner workings of the Church.

The new Leo XIV, a Chicago native, was entrusted by his predecessor Francis, to head the powerful Dicastery for Bishops, charged with advising the pontiff on new bishop appointments.

The sign of confidence from Francis speaks to Prevost’s commitment as a missionary in Peru to the “peripheries” – overlooked areas far from Rome prioritised by Francis – and his reputation as a bridge-builder and moderate within the Curia.

The 69-year-old Archbishop-Bishop emeritus of Chiclayo, Peru, was made a cardinal by Francis in 2023 after being named Prefect of the Dicastery, one of the Vatican’s most important departments — and a post that introduced him to all key players in the Church.

Vatican watchers had given Prevost the highest chances among the group of US cardinals of being pope, given his pastoral bent, global view and ability to navigate the central bureaucracy.

Italian newspaper, La Repubblica, called him “the least American of the Americans” for his soft-spoken touch.

His strong grounding in canon law has also been seen as reassuring to more conservative cardinals seeking a greater focus on Theology.

Following Francis’s death, Prevost said there was “still so much to do” in the work of the Church.

“We can’t stop, we can’t turn back. We have to see how the Holy Spirit wants the Church to be today and tomorrow, because today’s world, in which the Church lives, is not the same as the world of ten or 20 years ago,” he told Vatican News last month.

“The message is always the same: proclaim Jesus Christ, proclaim the Gospel, but the way to reach today’s people, young people, the poor, politicians, is different,” he said.

Born on September 14, 1955, in Chicago, Prevost attended a Minor Seminary of the Order of St Augustine in St Louis as a novice before graduating from Philadelphia’s Villanova University, an Augustinian institution, with a degree in Mathematics.

After receiving a masters degree in divinity from Chicago’s Catholic Theological Union in 1982, and a doctorate decree in canon law in Rome, the polyglot joined the Augustinians in Peru in 1985 for the first of his decade-long missions in that country.

Returning to Chicago in 1999, he was made provincial prior of the Augustinians in the US Midwest and later the prior general of the order throughout the world.

But he returned to Peru in 2014 when Francis appointed him as apostolic administrator of the Diocese of Chiclayo in the country’s north.

Nearly a decade later, Prevost’s appointment in 2023 as head of the Dicastery came after Canadian Cardinal Marc Ouellet was accused of sexually assaulting a woman and resigned for age reasons.

The Vatican later dropped the case against Ouellet for insufficient evidence.

Prevost also serves as president of the Pontifical Commission for Latin America.

Headline

Remembering Ife’s 50th Ooni, Oba Sijuwade Okunade

Published

1 week ago

May 6, 2025

Eric

By Eric Elezuo

10 years after the death of one of the most cosmopolitan monarchs Nigeria has produced, His Imperial Majesty Oba Okunade Sijuwade, Olubuse II CFR, family, friends and the traditional institutions are gearing up for a mother of all remembrance and memorial ceremony. Oba Okunade Sijuwade is the 50th Oni of Ife.

On Tuesday, at the elaborate Civic Centre, in the heart of Victoria Island, stakeholders and people of interest, gathered to inform the public through the media, veritable steps being taken to honour the progeny of Oduduwa and until his death in 2015, the prime custodian of the Yoruba tradition.

According to the invitation to the media briefing, organizers noted that the events are being held in conjunction with the National Council of Traditional Rulers under the Chairmanship of His Imperial Majesty, Oba Adeyeye Ogunwusi, Ojaja II, Ooni of Ife CFR and His Eminence Sultan Sa’ad Abubakar, the Sultan of Sokoto CFR.

In his address, the Curator and Consultant for the 10th year Memorial Celebration of His Imperial Majesty, Oba Okunade Sijuwade, Olubuse II, Dr. Oludamola Adebowale, described the event as a decade of legacy, while noting as follows:

“A Decade of Legacy: 10th Year Memorial Celebration of His Imperial Majesty, Oba Okunade Sijuwade, Olubuse II.

“At a press briefing held at the Civic Centre in Victoria Island, Lagos, the family of the late Ooni of ile-Ife, His Imperial Majesty Oba Okunade Sijuwade, Olubuse II, unveiled a series of cultural, intellectual, and commemorative events marking the 10th anniversary of the revered monarch’s passing. The Programme is a tribute to his enduring legacy as a custodian of culture, a bridge-builder across Nigeria, and a global advocate for African heritage.

“Organized in partnership with the National Council of Traditional Rulers of Nigeria, the memorial activities are spearheaded by the Co-chairmen of the Council, Ooni of Ife, His Imperial Majesty Oba Adeyeye Enitan Ogunwusi, CFR, Ojaja II, alongside His Eminence, Alhaji Muhammadu Sa’ad Abubakar, CFR, the Sultan of Sokoto.

“A key highlight is a Three-State Inter-School Debate Tour featuring students from King’s College, Lagos; Abeokuta Grammar School; Oba Sijuwade’s alma mater; and Oduduwa College, Ile-Ife. The theme, “Traditional Governance vs. Modern Democracy: Which Best Preserves Cultural Heritage?’ invites students to explore the relevance of indigenous leadership in today’s world. The final debate presentation will be held on July 25, 2025.

“Another major feature is the Grand Memorial Exhibition, showcasing rare photographs, personal items, and archival materials from Oba Sijuwade’s life and reign—many being displayed publicly for the first time. The exhibition features collections from the National Archives of Nigeria, the UK National Archives, Horniman Museum & Gardens (UK), and the African American Research Library and Cultural Center (Florida), home of the Dr. Niara Sudarkasa Collection and also the Sijuwade Personal Collection.

“The exhibition is curated by renowned cultural historian and archivist Dr. Oludamola ADEBOWALE.

“A national symposium titled “Unifying and Securing Nigeria’s Future Through Traditional Institutions” will gather traditional rulers, scholars, and policymakers to examine the evolving role of indigenous leadership in peacebuilding, national identity, and governance.

“The grand finale of the memorial will take place in Ile-Ife, the cradle of Yoruba civilization. It includes a church thanksgiving service and solemn prayers at the late Ooni’s mausoleum—concluding the memorial in dignity and grandeur.

“Looking ahead, the Sijuwade family announced a series of legacy projects, including:

– A Nubian Jak Blue Plaque at his former London residence, recognizing his global impact in cultural diplomacy.

– The launch of a commemorative book detailing his life, leadership, and international engagements.

– The development of the Oba Okunade Sijuwade Memorial Hall and Museum in Ile-Ife to preserve his legacy and Yoruba heritage.

“This far-reaching initiative reflects the far-sighted vision of Oba Okunade Sijuwade—an imperial figure whose reign was defined by grace, wisdom, and an unwavering commitment to cultural excellence. These legacy projects are not only tributes to his memory but enduring pillars that will continue to inspire future generations in Nigeria, across Africa, and throughout the global diaspora. Through them, the timeless values he embodied—dignity, unity, heritage, and leadership—will live on, shaping a future deeply rooted in the strength of tradition and the promise of progress.

OBA OKUNADE SIJUWADE (1930 – 2015)

According to accounts obtained from Wikipedia, the life and times of Oba Sijuwade is captured as follows:

Born January 1, 1930, Alayeluwa Oba Okunade Sijuwade CFR, was the 50th traditional ruler (or Ooni) of Ife from December 6, 1980 to his death on July 28, 2015. He reigned for 35 influential years, taking the regnal name Olubuse II. His installation ceremony was attended by the Emir of Kano, Oba of Benin, Amayanabo of Opobo and Olu of Warri, as well as by representatives of the Queen of the United Kingdom.

Sijuwade was born to the ruling House of Sijuwade which is a fraction of the Ogboru ruling house, Ilare, Ile-Ife. His paternal grandfather was Ooni Adelekan Sijuwade – Olubuse I the 46th Ooni of Ife who ruled from 1884 – 1910. While his father was Omo-Oba Adereti Sijuade (1895 – 11 May 1949) and his mother was, Yeyeolori Emilia Ifasesin Sijuwade (nee Osukoti Adugbolu), from the town of Akure. He was a Christian and in November 2009 he attended the annual general meeting of the Foursquare Gospel Church in Nigeria accompanied by 17 other traditional rulers. He declared that he was a full member of the church and said all the monarchs who accompanied him would now become members. At his birthday celebration two months later, the Primate of the Anglican Communion described Sijuwade as “a humble monarch, who has the fear of God at heart”.

Oba Okunade Sijuwade or Prince Okunade Sijuwade as he was then called started his elementary education at Igbedin School, Abeokuta from where he proceeded to Abeokuta Grammar School under the governance of the well-known educationalist Reverend I O Ransome-Kuti, who was the principal of the school. Upon leaving Abeokuta Grammar School, Oba Okunade Sijuwade transferred to Oduduwa College in Ile-Ife before attending Northampton Technical College in the United Kingdom to study business management.

He worked for three years in his father’s business, then for two years with the Nigerian Tribune, first as a reporter then a sales executive before going to university.

By the age of 30, he was a manager in A.G Leventis, a Greek-Nigerian conglomerate. In 1963 he became Sales Director of the state-owned National Motors in Lagos. After spotting a business opportunity during a 1964 visit to the Soviet Union, he formed WAATECO a company to distribute Soviet-built vehicles and equipment in Nigeria, which became the nucleus of a widespread business empire. He also invested in real estate in his hometown of Ile Ife. By the time Sijuwade was crowned Ooni in 1980 he was already a wealthy man.

Shortly after becoming the 50th Ooni of Ife, Oba Okunade Sijuwade founded Sijuwade Group, which he was the chairman of. The conglomerate operates in several sectors including oil and gas, infrastructure, real estate, industrials, and hospitality. The company holds partnerships with several multinational companies such as Centrica, Equinor (formerly Statoil), CCC, Eser and RCC (Reynolds Construction Company) and has executed over $2 billion worth of contracts and projects in Nigeria.

When Sijuwade became Ooni of Ife in December 1980, he inherited an ongoing dispute over supremacy between the obas of Yorubaland. In 1967 a crisis had been resolved when Chief Obafemi Awolowo was chosen as the leader of the Yoruba. In 1976 the Governor of Oyo State, General David Jemibewon, had decreed that the Ooni of Ife would be the permanent chairman of the State Council of Obas and Chiefs. Other Obas led by the Alaafin of Oyo, Oba Lamidi Adeyemi said the position should rotate. The dispute calmed down when Osun State was carved out of Oyo State in August 1991, but ill will persisted.

Towards the end of 2009 a more local dispute between the Ooni, the Awujale of Ijebuland and the Alake of Egbaland was finally resolved. Sijuwade traced the dispute back to a falling out between Obafemi Awolowo and Ladoke Akintola during the Nigerian First Republic, which had led to a division between the traditional rulers.

In February 2009, Sijuwade helped mediate in a dispute over land ownership between the communities of Ife and Modakeke, resolved in part through the elevation of the Ogunsua of Modakeke as an Oba. The new Oba, Francis Adedoyin, would be under the headship of Oba Okunade Sijuwade.

Oba Okunade Sijuwade had 4 wives and 20 children in total. His wives were:

Yeyeluwa Oyetunde Sijuwade, Oba Okunade Sijuwade’s first wife and the first Yeyeluwa of Ife. She was the mother to Prince Adetokunbo Sijuwade.
Olori Morisola Sijuwade, Oba Okunade Sijuwade’s second wife and the second Yeyeluwa of Ife from 1986 after Yeyeluwa Oyetunde Sijuwade’s death.
Olori Oladunni Sijuwade, Oba Okunade Sijuwade’s third wife and the daughter of the very popular politician Chief Adedamola Harold-Sodipo.
Olori Odunola Sijuwade, a princess of Ila-Orangun and the daughter of the revered Ila-Orangun, Oba William Ayeni.

According to Forbes Oba Okunade Sijuwade was the third Richest King in Africa. He also owned several residentials properties in Nigeria and the United Kingdom including Chester Terrace, Grosvenor Square, and a country home in Burnham, Buckinghamshire. In the 80’s, shortly after Oba Okunade Sijuwade became the Ooni of Ife, he visited President Rajiv Gandhi of India and King Fahd Al Saud of Saudi Arabia at the invitation of both countries to foster friendly relations between them and Nigeria. Few years later as Ooni, he visited Japan to meet Emperor Akihito along with Emir Ado Bayero of Kano.

Activities are expected to kick off in mid June 2025, and terminate late July, 2025.