Boss Picks
I am a Product of Consistency of Character, Culture – Afolabi Imoukhuede, Author of Never an Afterthought
Published
6 years agoon
By
Eric
By Eric Elezuo
Talent and target delivery are not rocket science, and so has Afolabi Imoukhuede, proved. A proud son of a distinguished father, he believes that his status today is a consequence of choices and decisions hinged on character and culture. In this exclusive chat, he reveals the intricacies of being an aide of the president, the arithmetics of job and wealth creation and of course, the beauty behind his latest bestseller, Never An Afterthought. Excerpts:
Can we know you sir?
My name is Afolabi Sokpehi Imoukhuede; my new book has revealed the Sokpehi part as I am popularly known as Afolabi Imoukhuede. I am the Senior Special Assistant to The president on Job Creation. I am just a public servant.
Becoming a public servant, and especially the SSA to the President, is no fluke. There would have been a background. How did it all happen as you didn’t jump to the position?
I clearly did not. Well, everything about me is clearly documented in my new memoir, released on June 20, 2020, with the title Never An Afterthought. My background started with my family, late Chief Joseph Imoukhuede, of Sabongida Ora, Onwa West, Edo State, who was the Secretary and Head of the Civil Service to the government of the Midwest Region when late Chief Obafemi Awolowo was the Premier, and my mother, Mrs Olubunmi Olayinka Imoukhuede, who incidentally just passed away. It may interest you to know that this is where I got my name, Afolabi. While there are many from my area who have natural Yoruba names, mine was actually borne out of the fact that my mother was full blooded Yoruba person, Ijebu decent to be precise. I am the last child from both parents.
I had my secondary education at the Federal Government College, Warri before moving to the United States to study Accounting at the Rutgers University, New Jersey. From there, I started experimenting on professionalism with one of the world’s best accounting firm, KPMG. And in 2005, I finally moved back to Nigeria, to the surprise of most people I know. At the time of my moving back, I had done a lot of international development engagement with the World Bank Group, African Project Development Facility, GIZ and some African development organisations. All these are recorded in my book. My experience spanned through business management as an Accountant, and secondly international development by virtue of the volume of work I have done, and again as an entrepreneur because my engagement when I returned to Nigeria was with a company which I set up with a few of my friends called the MCS Consulting Limited, so yes as an entrepreneur as well as product, which is also a major skill that encompasses a lot of work that I have done. I also navigated into human capital development, specifically on how to develop human skill in technical development area and create entrepreneurship job and many others. That’s exactly what landed me into the role in government as the Senior Special Assistant to The President on Job creation and Youth employment.

Quite an impressive resume. In five years as the SSA to the president, that’s since 2015 if I’m correct, what could you say is the highpoint of your tenure?
The first thing is to create a content from the background of the tenure in itself, and of course, I quite expose that in the book where I even explained the concept of President Muhammadu Buhari’s ascendency to the presidency. Of course, the 2015 election itself was well heated because it displaced an incumbent. As the new administration took office in May 2015, the economy jumped into recession, and every campaign promises were supposed to be fulfilled. President himself was not unaware that the younger who voted for change, was actually clamouring for the change in terms of job creation and employment. It would noted that the generation of youths then know of only one democracy and that was the PDP unlike most of us who were privileged to witness though as very young people, Shehu Shagari and his NPN, Nnamdi Azikiwe and his NPP, Obafemi Awolowo and his UPN and even MKO Abiola and his SDP. That was the only democracy change the youths of the day were exposed to, and one could understand their excitement and expectation. The president, then as a candidate had promised that he would fight insecurity, corruption and create economy that works for all, and the young people were looking for excitement. So coming into government, and meeting so many maladies such as recession, unrest in the Niger Delta and more. There is a whole lot of priority mix, and I was thrown right into the centre. But when I picked up my appointment letter in october, 2015, I set to work. The question therefore, was how do I do so much with so little coming in, and within a short time. So what I did was to put on my thinking cap, and for the fact that I was coming from a private which is known for pragmatism, I inculcated it into the government idealism. I started with putting up a strategy document, and again my experience, friendship and partnership with the international community and development world proved helpful. I tapped into my connection with UK DFID, Ford Foundation and gained their support. We started with questions such as which sectors of the economy can we find potentials or huge entrepreneurship employment opportunities and which particular sub-section are we going to do something to show quick and early wins because we have a short time. You know our democracy demands our must go for a re-run in four years if he is still interested. Obviously, there must be tangible result in two and half years so that you have something to present as achievements during your reelection campaign. That was the pressure, but thankfully, with the pragmatism as portrayed in my book, Never An Afterthought, we were able to come up with a strategy document as early as March 2016, with global development advisers supporting in every ramification including finance.
We actually focused on about four sectors which include Agriculture (Agri-business), construction, Technology and Retail Trade. We also added Solar Renewable Energy right after because we saw we could create opportunities there also. That actually made it five priority sectors. That document predicted the strategic framework; Job Creation Implementation Strategic Framework. It predated as well the National Government Document which is the Economic Recovery Growth Plan (ERGP). It was though later embedded into the ERGP document. We set to work to see how to use those sectors to create employment opportunities for our young people bearing in mind the campaign promises of Mr President and Vice President Yemi Osinbajo that they were going to run an all inclusive government; a government for all. And that led to the implementation of the National Social Investment Programme (NSIP). And later N-Power, which is the job creation component comprising the conditional cash transfer to the poor in the community, government enterprising empowerment programme for artisans, traders and market women/men. It also has the national home grown and school feeding programmes. We then used our strategic document framework to create opportunities both within the social investment programme and outside for the young people. It is captured in full details in Never An Afterthought.

Mr Imokhuede, addressing youths during an empowerment programme
In the first term, we were able to create direct job opportunity or employability enhancement platform for over 500, 000 employed Nigerian youths. We focused on teaching, Agric, health, tax because it was in the midst of recession in trying to focus on the tax bracket. The then Minister of Finance, Kemi Adeosun really harped on this. On capacity building programme, we targeted a hundred thousand to be trained during the year, but we got 60, 000. About 50, 000 was trained in construction while 10, 000 was trained in technology. Lastly, we had the Tech Ovation Hubs; one in each of the geo-political regions of the country located in Akure, Enugu, Benin, Kaduna, Adamawa and Abuja. It created opportunities for a lot of youths who were interested in technology based innovative solutions. That’s my scorecard in brief. The detail is contained in Never An Afterthought.
Okay, now to the book; in the first place, why that name, Never An Afterthought
Ordinarily, the book is a memoir though a few reviewers have struggled between labeling it a memoir or a life manual. But yes, it is a memoir because it documents my life trajectory across many junctions. But what you find in each junctions is the power of choice, the consistency of character, culture and how both influenced my choice and decision making all across the junctions. The first was my choice to switch from Medicine to Business. I earlier mentioned that I went to America to study; well, it wasn’t just as easy as that. I was actually a student of Medicine in University of Lagos, went to MediLag, as a medical student MBBS. But I left in part two. The reasons are copiously documented in Never An Afterthought…
…Meaning you would have been a medical doctor?
Yes…a reviewer, Abimbola Idowu, said of me Afolabi (MBBS) would have been treating thousands of patients now, but Afolabi (HCS) is now helping thousands of young people find their paths in entrepreneurship, job creation and wealth creation.
Between both of them, which do you think is more prolific, the choice you made notwithstanding?
That’s actually the essence of the book. For me, the HCS is more prolific because that’s the reason I talked about consistency in character of choice in decision making. Medicine was actually was my father’s choice for me. He died in 1989. I nurtured the dream out of respect for him, but events took a different shape and I found my paths. I have documented those events. I discovered that I was first an entrepreneur before anything else. Even my foster father, an uncle, Mr Seyi Olusoga, also told me about some great medical doctors who transitioned to become great entrepreneurs. One of the such examples was the three great friends that started Eko Hospital; Eneli, Kuku and Obiora. It was even their initials that formed EKO. Though Eneli and Obiora are late, but Kuku is alive. I said to myself, if these men after completing medical studies and practiced for many years, yet abandoned the profession for entrepreneurship, for me I’m still on in part 2, and have all the time on my side. My mother also dissuaded me, asking me to face the certain instead of delving into the world of uncertainty. That was the kind of heat and pressure I was facing in my nuclear family when I decided to leave Medicine and travel to America to study Accounting in 1997. But I took the bold decision, and crossed over in December 1997, and the rest is history. I succeeded. That’s one decision point in the book. The second was the choice of university I was to attend; between the one that gave me full scholarship and the one that gave me partial scholarship. Anyone would think I will opt for the school that gave me full scholarship, but I did not. I went for Rutgers University. The third decision bordered on coming back to Nigeria, especially at a time when everybody was clamouring to go to United States. I decided to return home. It was a time the President, Olusegun Obasanjo was calling on Nigerians abroad to come home and help build the country. I want to say that I’m one of those that heeded the call. The funniest part was I was not living in America as a refugee; I was working with the world’s number one accounting firm, KPMG. Those mark the consistency in character and culture as it relates to choices that have influenced my decision making towards getting to where I am today. As a result, a lot of people have told that I needed to document these attributes for the benefit of the future. Note that there is no place that I shared my experience that I was not blessed with followership, and those asking for mentorship.

Obviously, I am not the only one with a beautiful story to tell, but the challenge is that they are never documented, especially in this part of the world. Now, my father’s story is worth studying as the youngest black person to be honoured with OBE, but it was not documented. So that is lost to those that should have benefited. These events, even as we were preparing for my father’s memorial, it dawned on me that I have to document my own experience so that it doesn’t get lost too. So when one considers the foregoing vis a vis the rigours we went through before getting to where we are, you then realise that there was no part of my story that was an afterthought. Even the accidental parts form part of a well curated story.
It may also interest you to note that even the title was not the originally intended title, not even the pose on the cover. However, for the exclusivity of this interview, I will tell you that the original title or working title is A Driver and His Bus. That gave me the inspiration that book was going to be a memoir. To answer the question; who owns the bus, and who is the driver? My father becomes the owner of the bus, and that makes me compulsive to go into family background and tell his story in Chapter Three. Then the bus. This speaks about the government and my work in government. That was the content upon which the manuscript was being developed.
The title came when a third eye came across it when the manuscript got to my publisher, a classmate of mine from Federal Government College, Warri, Dr Egusa (another medical doctor who transitioned to entrepreneurship). He just looked at at said, ‘put NEVER AN AFTERTHOUGHT on it. When it got to me, I found myself in it, and stamped it as the title.
Now, the picture pose is a generational pose. That’s my father’s pose, and all of us, the children adopted the pose.
If you look at the foreword as written by the Minister of Works and Housing and former Governor of Lagos, Mr. Babatunde Fashola, he made references to the ‘bus’.
Fashola in the same foreword, said the book is for the future, when we are no longer there. Could you please elaborate on what he actually meant?
If you know Fashola very well, he is a thinker, a philosopher and many things in one, and I couldn’t think of any other person to do my foreword. I am honoured he accepted. What he said simply denotes my stand on the conundrum between the fact that the book is a memoir and a life manual. He means that the book is dateless unlike newspapers and other publications. The present generation will get the importance of the book, and so will the coming generation. The book will tell the story of job creation even when this present generation is no longer here. He vetted through the content of the manuscript, and realised that the book is as important now as it is tomorrow. He talked about a new Nigeria that all of us desire. He made it clear that poverty is man-made, and cannot be defeated without conceited efforts of men. He stated also that when you launch out in an ambitious programme as Social Investment Programme, a systematic response to combating poverty through wealth creation, you begin to realise that you can only compare it to free education policy of Pa Awolowo in his days and the National Housing Programme of UK. That no longer how it is criticised, it cannot die. That is the future he meant.
Can you please itemise in clear terms the jobs you have created so far in your capacity as the SSA, and how far that they have created wealth for the people?
First, let me put out a disclaimer… in the context of Nigeria, we run a federation of three parts; federal, state and local governments. It is my personal dream that the development as a reflection of the change that all of us desire to see will begin to come in a faster pace when our federation takes its true position. In every part of the world, the most contributor to development of human capital or indices is the local government. In America, it is the Mayor you hear about before the Governor or the President.
All these job creation, wealth creation, poverty eradication will really begin to happen when we have a functioning federation, when the local government are really empowered to be local governments, the closest government to the people. I mean everyone at the tier of government has a responsibility as posited in Chapter 15 of the book. We must build on that synergy to see the results we desire. Coming to specific numbers; one of the divergent views of people has been didn’t they promised 3 million jobs, where are they? Oh yes, there was a campaign promise of 3 million jobs, but what people didn’t know is that it was a calculation of multiple jobs across the multiple layers. At that time, the number was arrived at that government will create 20, 000 jobs across the states which should have 720, 000 jobs. There were also jobs to have been created from different sectors as the SIP creation of 500, 000 jobs. So it was a cumulation of jobs to be created by those multiple layers that make that 3 million. We always want to hold the federal responsible for the promise, but where is the contribution of the states to that number. Again, jobs are created as a result of the inter-function of the economy. If the economy is not expanding, jobs cannot expand. It is direct correlation. We started with an economy that went into recession, though it came out of recession, but it has not grown that much. We are still in very single digit. we are struggling to build, and now, COVID-19 pandemic has worsen the growth.

At a panel discussion in Edo State
Another reason we never post high jobs is because of our population growth. Our population is growing exponentially faster than our economic growth. Countries that have got it right have one thing in common; they have a check on their population Take the Scandinavians for example. But our multiplicity of culture and religion have worked against any government idea around population growth. If population outgrows economy, we will continue to have this damning numbers of double digits of unemployment and underemployment. Those are the realities. Then I asked myself, in the midst of these realities, what should I do? So we came with the following 1. we must drive entrepreneurship at multiple levels. We did. But with all Federal Government efforts in training and all, there is no FG’s child; every child is a member of local government in the context of Nigeria. Take for example, those who were trained in automobile will then ask, how do you set me up? The truth remains that I can only set you up in partnership with your state. The FG cannot do that alone.
But don’t you as a Federal Government command a liaison with the state governments to set up these facilities to accommodate them?
That, I have stated in the book to show that the over 500, 000 direct beneficiaries of this programme had President Buhari as their local government officer. That were stationed in various local governments with supervisors, and paid directly from Abuja. For that, most LG staff have complained of the truancy and recalcitrant attitude of staff, saying they have no control over them as their pay is secured from the FG. But I tell them that they have power over them in recommending disciplinary action. It is a culture change, but also a clear vision. So in Chapter 15, I recommended that the pattern we have worked out need to be leverage upon and built on. In Chapter 12, I devoted it to heroes and sheroes of empower. From their stories, I can stay that I created opportunities to about 1.5 million. They also created opportunities from their own jobs. There is also the value chain we created through which jobs were created. Each one of our graduate beneficiaries got a tablet. This was an asset finance between Bank of Industry and the beneficiaries and we brought in eight device providers. Two of them being foreign; Samsung and Tecno while others were local content. We were looking for 200, 000 in batch one, and in batch 2; because of the transition between us and the newly created Ministry of Humanitarian Affairs, the conversation is still on to get their devices to them. We were going to distribute the devices. We partnered with MTN because there is no part of this country that you won’t find an MTN SIM. So we told them that the same way your SIM got to everywhere, replicate it in making sure these devices get to the 774 local governments in Nigeria. They hired people when distributed them. The SIP model is a well thought out model.
While I know some of us may not be excited in terms of the number or the volume of jobs we can track, because of the context of our population and the number of people that are really unemployed, but we did was timely. It was not conceivable; people said it was not possible, it was ambitious for us and those who set it, but we went through the rigours, and we have shown that it can work. I recommended in Chapter 15 for administrators from the Federal to the local government levels to see how we can build on it.. Technology also helped us. We reached out to so many people with the little we had.
Brilliant! In a nut, what do we expect as you are already in your second tenure? How do you intend to better the success of your first tenure?
Firstly, I no longer oversight the N-Power programme. By the wisdom of Mr President, and the success of the programme, he decided to set up a new ministry, Humanitarian Affairs, Disaster Management and Social Development, which has control of the programme. The handover was concluded in May. The ministry is now in charge. However, my role as the SSA to the President on Job Creation continues, and the conversation continues using this book. I am still building conversation because the role of engaging our youths, building capacity and more, is not a one man thing nor political party thing. I align with fully Buhari’s job creation vision in the 2015 budget where he noted that ‘My job creation strategy is with private sector and public sector engagement”. I intend to use NEVER AN AFTERTHOUGHT to drive home a lot of the conversation towards this goal. I will continue in my facilitation and engagement roles at all tiers of government in driving continued opportunities for our young people particularly skills for relevant industries. A pot of focus is on construction, technology and solar. We have dealt deep into these sectors in the last four years even when it was N-Power. We will continue to drive engagements across these multi-channels.

What is your take on the programme initiated by the Minister of State for Labour and Productivity, Festus Keyamo, to provide jobs for about 774, 000 persons across the 774 local governments?
Well, I’ll say welcome to the club to Keyamo as regards the banters with the National Assembly; we had a lot of those banters. He requires stakeholders management skill in this situation as a recommendation. Secondly, in my Chapter 15, there is a message for the lawmakers. I see the lawmakers point of view as the people’s representatives and needs to be carried along, and I understand Keyamo as well, as a senior lawyer. I think Keyamo is pushing forward the meritocracy aspect, afraid that the project will end up in the pockets of loyalists. In our case, we moved with technology, but that alone may not work here because of the kinds of jobs. This is basically because these jobs are more communal, bringing us to the reality that it is more or less a local government job description. And so we ask ourselves again, how did it get to the level where it is the Federal Government that is thinking for the local governments. For those kind of jobs, one can’t just open a portal. This is different from N-Power because N-Power was an intervention for unemployed graduate-youths; a surgical intervention required to stop the something before dealing with the root cause. The reason for N-Power was for intervention in our population growth, economic growth and education. These are long term issues, so N-Power came in to bridge the gap, and is not meant to become the norm. Otherwise, it would have failed. It will stay for only a while, maybe 10-year-plan to correct our root cause problem. If it stays longer, it means the system has failed. It was brought in to intervene in a failing system.
They should work out a modality to handle the situation, but we shouldn’t really beg the question on how to empower the local government. They could liaison with the local government through their fora, and a definite modality is worked out. Again, both of them must answer the question of who is being served. Is it the people of Nigeria

Who and who can read this book, and where can they get it?
The book is for everyone, young and old. Just like Fashola has said, the book has spoken to the future represented by present old and young. It is catalogue in international library. I therefore, enjoin my friends, lovers, fans and all and sundry to support my book scholarship fund to fund the reprinting of multiple copies of the book so that every public library, public tertiary institution, public secondary schools etc should have copies.
We have a dedicated website for selling the book, www.neveranafterthought.com. The site is not informational, it is an e-commerce site. The site is safe, and one can buy on from there. Your copies will be delivered to you within 24 hours if you are in Lagos or Abuja, but elsewhere in Nigeria, within 2-7 days. We have sold over 250 copies, and there has been no complaints.
There are options for payments. It can be through cards or banks. There is also the option of bank transfer. Once concluded, you will get an order confirmation. And another sentimental reason you must buy through the site is because you will get a personalised thank you note from me. The book launch will come soon, and so will the book signing.
We are also in partnership with Roving Heights, a well known book store with offices in Lagos and Abuja. I commend my readers across the globe; those in Kenya, Canada, United States and more. For this category of readers, Amazon is it. Another advantage of buying from these dedicated sites is getting enrolled in our Book Readers Community and we do have hangouts. You will get updates on these hangouts. What I want to achieve with this book is about continued conversation; how to make our country better than it is now.
What is the cost of the book?
It’s just N5000 for the paper bag while the hardcopy is N10, 000 when it comes out in August.
Okay, let’s dig into your private life a little…how do you relax?
Excellent! First of all, I’m married to my beautiful wife, Oyindamola, and we have two beautiful children, Deborah and Emmanuel. We still forward to one or two more by the grace of God. We are very neatly small bonded family. My mum was an integral part of our life for 31 years, but she passed on on May 1. I am a fun man. There is a Chapter of the book called Verbatim where my brothers and all had the liberty to say whatever they wish to say about me. I work hard, but I also play hard. I straddle between the older generation and the young. I am an original Lagos Island boy, and belong to the Yoruba Tennis Club and Ikoyi Club. I hope to go back to golf which I abandoned sometime ago. I don’t have to go out to have fun; once I have 2-3 friends, we listen to music. I love Ebenezer Obey, Sunny Ade, Michael Jackson and music of the 80s. And so that the young ones don’t think we are out of stock, I’m conversant with new sounds be it Naira Marley or any other. But old school is the in time. And I love travelling a lot. The lockdown has really kept me away from traveling.
How do you love to be seen, fashion wise?
I’m very particular about my dressing because looking good is good business. I have my brand, and all my fashion credit goes to Vivid Imagination. I am always in my ‘traditional suit’. When some of my colleagues, they were surprised. Many known for my African suit, even at work. I’m trendy, but not loud though can be experimental. I am more in blue. It is my favourite colour. It is the easiest colour I could relate, to avoid colour riot.
But as I grew, I realised that blue actually represents stability, trust, trait of integrity and more. So I was more attracted to the colour. And co-incidentally, I support Chelsea because the are the Blues. But I don’t lose sleep about their performances.

During a mentorship class
One of your reviewers described you as loyal and honest, what can you say about that in line with giving a perfect description of yourself?
by the grace of God, I try to stay true to purpose, my God and self. In this book, I summed up my life principles as PIER; P for Passion, I for Integrity, E for Empathy and R for Resilience. Those are the principles that guided me to select and build my team, and I celebrated everyone of them in my book.
Who are your role models?
My parents are my key role models. It is so intense that in two chapters, I celebrated them. By the grace of god, I have journeyed through several mentors even from the spiritual perspective such as pastors, prophets, teachers and evangelists. No king has ever succeeded without having a prophet; they have guided me right. I don’t to start mentioning names so that I don’t leave out some. In the book, I referenced my egbon, Fashola (BRF), Godwin Mekwuye of Vivid Imagination, my two foster fathers; late Seye Olusoga, and my father’s late business partner, Eddy Yadua. There are so many who affected my life. In book authorship, there are Bill Clinton, Hillary Clinton, Barak Obama, Nelson Mandela etc. In business, the CEO, General Electric, Jack Welch actually affected me among others. More importantly, I am a good student of the Bible, especially Proverbs. I grew up with a lot of the older generation, and they related to us in proverbs, so I have a good repository of Yoruba proverbs.
What are your likes and dislikes?
I really cherish the word candour according to what Jack Welch taught me. It means being frank and true to yourself. Candour must be involved in anything that navigates into lasting friendship, and everything else flows from it. I am also guided by the principle that believes in character, capacity, competence and chemistry.
In fact, he dislikes anyone that doesn’t possess any of the above, especially character; I hate stupidity. Here, we exhibit so much stupidity, and that explains why we are where we are. This is an environment where people live fake lives. Their dictum is ‘we keep faking it until we make it’. They are naturally empty barrels that make the most noise. The biggest of my dislikes is stupidity, which contributed in no small measure in eroding our value systems as a nation.
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Koumagnon Family Pledges Unalloyed Support for Romuald Wadagni As President
Published
3 weeks agoon
April 9, 2026By
Eric
By Eric Elezuo
The Koumagnon Family and Allied Families of Seme-Kpodji, of the Republic of Benin, led by Monsieur Alberto Koumagnon, has declared their unflinching support for the candidacy of Romuald Wadagni as he steps out on Sunday to vie for the presidential seat of the Republic of Benin.
In statement of declaration, the families observed that Wadagni is propelled by a ‘vision embodied in this ambitious, realistic project, resolutely focused on the future of our country’.
The declaration is presented in full:
DECLARATION OF SUPPORT BY THE GREAT KOUMAGNON FAMILY AND ALLIED FAMILIES OF SÈMÈ-KPODJI FOR CANDIDATE ROMUALD WADAGNI

The great KOUMAGNON family and allied3 families of Sèmè-Kpodji, deeply committed to the values of peace, progress, and development, followed with particular interest the presentation, on Saturday, March 21, 2026, of the “Further Together” (Plus loin ensemble) social project by our dear candidate, President Romuald WADAGNI.
Following this important political event, and gathering on this day, 04/04/2026, we wish to express our full support for the vision embodied in this ambitious, realistic project, resolutely focused on the future of our country.
From the outset, we, descendants of the KOUMAGNON family and allied families, commend the enlightened leadership of President Patrice TALON who, faithful to his commitment to building a modern and prosperous Benin, has been able to propose to the presidential majority a competent, credible candidate who brings hope for consolidating achievements.
In this dynamic of continuity and progress, the candidacy of President Romuald WADAGNI is fully in line with the continuation of the structural reforms undertaken over several years in all sectors, particularly in infrastructure.
In this regard, we recognize and commend the many achievements of the government, especially road infrastructure, which has significantly improved mobility and living conditions for the populations of the communes of Sèmè-Kpodji and surrounding areas.
Moreover, these remarkable efforts reflect a constant determination to connect localities, stimulate economic exchanges, and sustainably strengthen the attractiveness of our territories.
Building on these achievements and firmly oriented toward the future, we are convinced of the relevance of the “Further Together” project.
Therefore, the great KOUMAGNON family and allied families of Sèmè-Kpodji give their firm, committed, and unconditional support to candidate Romuald WADAGNI, as well as to his running mate, Mrs. Mariam Chabi Talata Zimé Yérima.
In the same spirit, we call on all daughters and sons of Sèmè-Kpodji, as well as all citizens committed to peace and development in our country, Benin, to mobilize massively in support of this hopeful momentum by turning out in large numbers on April 12.
We also wish to assure our dear candidate of our commitment to mobilize widely to ensure a high voter turnout in the commune of Sèmè-Kpodji.
Together, let us continue the efforts undertaken.
Together, let us consolidate our achievements.
Together, let us go further.
Long live Benin on its path toward progress!
Long live the WADAGNI–TALATA ticket!
Thank you.
Done at Sèmè-Kpodji, on 04/04/2026
The great KOUMAGNON family and allied families
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The Billionaire Gang: The Quartet That Keeps Nigeria in Limelight
Published
2 months agoon
March 16, 2026By
Eric
By Eric Elezuo
With a loud ovation, Nigerians reveled at the announcement of its billionaire-quartet, Aliko Dangote, Mike Adenuga, Femi Otedola, and Abdulsamad Rabiu as among Africa’s richest individuals in 2026.
The four has constantly put Nigeria in the limelight, ensuring that Forbes is never complete without a mention of the giant of Africa, Nigeria
According to the latest Africa Billionaires ranking released by Forbes, Dangote retained his position as Africa’s richest man, with an estimated net worth of $28.5 billion. He added about $4.6 billion to his fortune over the past year, largely driven by the strong performance of Dangote Cement on the Nigerian Exchange Limited.
Telecommunications magnate Adenuga also retained his place among Africa’s billionaires.
The founder of Globacom and chairman of Conoil Producing remains one of Nigeria’s most influential entrepreneurs with diversified interests spanning telecoms, oil and gas, and banking.
Otedola, chairman of Geregu Power Plc, also featured on the list despite a slight dip in his wealth over the past year. Forbes estimates that the billionaire investor lost about $200 million following the sale of a majority stake in the power generation company at a discount to its market price.
The increase in Rabiu’s net worth was largely driven by the performance of BUA Cement, whose shares rose 135% over the past year, outperforming the broader rally on the Nigerian stock market.
The 23 billionaires on the continent are now worth a combined $126.7 billion, representing a 21% increase from 2025 after they collectively added $20.3 billion to their net worth.
Across the continent, billionaire fortunes were boosted by strong equity market performance, record corporate profits, and improving currency stability in several African economies.
South Africa remains the highest number of billionaires on the list, with seven individuals, followed by Egypt with five, Nigeria with four, and Morocco with three.
Here is a peep into the world of Nigeria’s Billionaire-Quartet.
ALIKO DANGOTE

For the President of the Dangote Group, Alhaji Aliko Dangote, and his multifaceted group, playing second fiddle has never been an option. Both the enterprise and the entrepreneur have maintained market leadership to the extent that Dangote himself has appropriated the richest man in Africa status to himself, and has hardworkingly sustained the tag for as long as anyone can remember.
Since 2014, when Forbes magazine named him the world’s 23rd billionaire, jumping 20 spots on the scale from his previous 43rd position among the elite club of the world’s richest people. Aliko Dangote has not looked back, winning back to back the accolade among African billionaires, and never slipping from the world ranking.
Again, as expected, the famous Forbes has proclaimed the soft spoken businessman as Africa’s richest man for the 12th time in a row; a proof that the name Dangote is synonymous with consistency. He is a businessman, who understands that no man rest on his oars if turnovers have to continue to turn over. With marked differentiation, he has demystified the business terrain, and proved that if it can be done, then it must done. His establishment of the humongous fertilizer and sugar plants and the ambitious refinery in Lekki, Lagos, Nigeria, are testimonies of the trajectory of one who knows his onions.
Worth $13.4 by the last Forbes ranking, which sustained him as the richest man in African for the 11th time, entrepreneur extraordinaire has the following points to his name:
- Aliko Dangote, Africa’s richest person, founded and chairs Dangote Cement, the continent’s largest cement producer.
- He owns 85% of publicly-traded Dangote Cement through a holding company.
- Dangote Cement has the capacity to produce 48.6 million metric tons annually and has operations in 10 countries across Africa.
- After many years in development, Dangote’s fertilizer plant in Nigeria began operations in mid-2021.
- Dangote Refinery, under construction since 2016, hit the public space since 2024, and is one of the world’s largest oil refineries, with a capacity of 650,000 barrels per day production.
The above and many has remained the factors that have made it easy for the billionaire to remain in the top echelon of world’s money men, and the supremo among African businessmen. Little wonder he is one of the few recipients of the GCON national honours reserved for top politicians of vice president ranking and top government appointees.
Born in Kano in 1957, Dangote proudly shuttles between three wonderful tags as the richest man in Nigeria; the richest man in Africa and the richest Black man in the world. He has paid his dues, and mankind is the better for it.
Releasing impacts, Aliko Dangote Foundation (ADF), the private charitable foundation of Alhaji Aliko Dangote. Incorporated in 1994, as Dangote Foundation, is saddled with the mission to enhance opportunities for social change through strategic investments that improve health and wellbeing, promote quality education, and broaden economic empowerment opportunities. 20 years later, the Foundation has become the largest private Foundation in sub-Saharan Africa, with the largest endowment by a single African donor.
The primary focus of ADF is child nutrition, with wraparound interventions centered on health, education and empowerment, and disaster relief. The Foundation also supports stand-alone projects with the potential for significant social impact.
The Foundation works with state and national governments and many highly reputable international and domestic charities, non-governmental organizations and international agencies to advance its humanitarian agenda.
In one of its biggest collaboration to date, Aliko Dangote Foundation started working in partnership with the Bill and Melinda Gates Foundation and key northern State Governments in Nigeria from 2013 to eradicate polio and strengthen routine immunization in Nigeria.
Worthy of praise is the fact that nearly a decade, the Foundation has spent over N7 Billion in the course of feeding, clothing and the general welfare of the Internally Displaced Persons in the Northeast.
To make his host communities feel at ease, and the impact of his presence, Dangote has embarked on an initiative to provide further support to improving educational systems in Ibeju-Lekki and Epe locality. The educational support initiative is a tripartite programme consisting of scholarship, capacity building for teachers and school infrastructure projects.
In addition, Scholarships have been awarded to 52 secondary school students whilst some financial support was provided to their parents and/or guardians. Tertiary students will be included in the next batch of the scheme.
Furthermore, about 100 teachers, principals and school administrators were trained in teaching techniques for the 21st century. After which they were monitored in class on how they were using the skills acquired.
There is hardly any sector that has not felt the milk of human kindness running through Aliko Dangote; the military, media, politicians, governments across boards and more.
Dangote is surely an asset to this world!
As at today, there is no space for slowing down for Dangote as he continues to trudge on, creating firsts after first for himself and for humanity. He is blessed with three wonderful daughters, who have followed the rewarding footprints of entrepreneurship, and is looking forward to hitting the richest man in the world status. And very soon too.
ABDULSAMAD RABIU

Abdulsamad Rabiu’s consistent climb on the ladder of success has become phenomenal. The unassuming Chairman at BUA Group has become a study in entrepreneurial discipline, focus, philanthropy and intentional sacrifice. But what can actually be said of a man who has steadily evolved as one of Africa’s biggest investors, in fact, the biggest in the order of reckoning on the Nigerian Exchange. He has graciously used his BUA Foundation and the phenomenal Abdul Samad Rabiu Africa Initiative to not only affect lives, but ensured that the people of the world, especially his native Nigeria, live in better comfort. The Chairman/Chief Executive Officer, Bua Group, makers of quality cement, sugar, flour among other wonderful household items has been a epitome of enterprise. He is presently by divine and entrepreneurial orchestration one of Nigeria’s richest investor. He is also the third richest man in the Africa, by Forbes calculation behind Nigeria’s Aliko Dangote, South African billionaire, Johann Rupert.
In 2023, via a list compiled by Billionaires in Africa revealed the rankings on the Nigerian Exchange, NGX, showing that Abdulsamad Rabiu, the billionaire businessman and industrialist, overtook Aliko Dangote as the richest investor in the country, albeit temporarily.
According to data tracked by Billionaires.Africa, Rabiu’s holdings in his publicly-listed businesses on the local bourse were valued at an impressive $6.01 billion, making him the only investor with an investment portfolio worth over $6 billion then. This is a feat that can only be achieved through wholesome business acumen and dedication.
Born August 4, 1960, in Kano, to one of Nigeria’s foremost industrialists in the 1970s and 1980s, Khalifah Isyaku Rabiu, Abdul Samad Isyaku Rabiu CON is a perfect combination of many things in one.
It was in his native Kano that he kick-started his academic pursuit, carousing through elementary education with ease as a gifted child, and obtained his First School Leaving Certificate. He was later admitted into the Federal Government College, Kano, where he had his secondary education, and gradually with honours.
With a combination of fate, brilliance and determination, Abdulsamad was catapulted to Capital University in Columbus, Ohio, where he studiously studied Economics, and acquired his tertiary education before returning to Nigeria, all before his 24th birthday, to oversee his family business. He was that much sought after, and highly brilliant, and considered capable of holding fort for his father, who was being detained by the administration of General Muhammadu Buhari over matters concerning import duties.
In 1988, just after learning the ropes of entrepreneurial excellence, Abdul Samad Rabiu established BUA International Limited, for the sole purpose of commodity trading. The company followed after the footsteps of his father, and imported rice, edible oil, flour, iron and steel.
In 1990, having exhibited the character worthy of a world class entrepreneur, and the ability to execute classical projects, Rabiu’s BUA was invited by the government, which owned Delta Steel Company to supply its raw materials in exchange for finished products. This provided a much-needed leverage for the young company, and consequently expanded further into steel, producing billets, importing iron ore, and constructing multiple rolling mills in Nigeria.
Rabiu’s dexterity showed further a few years later, when the company acquired Nigerian Oil Mills Limited, the largest edible oil processing company in Nigeria, and there erupted the company’s and BUA’s influence and care over the people in the provision of affordable edible oil. His passion to see people excel in comfort has continued to make him churn out one great tiding after another, and endearing him in the hearts of the generality of the public.
A man with a vision for tomorrow, Rabiu, in 2005, started two flour-milling plants, in Lagos and in Kano, and by 2008, had broken an eight-year monopoly in the Nigerian sugar industry by commissioning the second-largest sugar refinery in sub-Saharan Africa. This was a feat only a bravest of hearts could wroth. As a result, in 2009, the company went on to acquire a controlling stake in a publicly-listed Cement Company in Northern Nigeria and began to construct a $900 million cement plant in Edo State, completing it in early 2015. Rabiu’s passion for expansion is unequalled.
BUA Group has since concentrated and excelled in manufacturing, infrastructure and agriculture and producing a revenue in excess of $2.5 billion. This is in addition to being the chairman of the Bank of Industry (BOI).
The Group, in 2019, announced plans to merge its privately owned BUA Cement with the publicly traded Cement Company of Northern Nigeria Plc (CCNN), to create Nigeria’s second largest cement producer thereby consolidating the grip on the cement market and breaking its monopolistic status.
MICHAEL ADENUGA

Michael Adenuga Jr. is one entrepreneur, who has proved over the decades that he is not the regular billionaire. He is of the stock that is not regulated by stock market figures, but by liquid cash. And that explains why his wealth and net worth supercedes whatever figures churned out by any institution, or any position he is placed in the billionaires’ list.
Adenuga is, for all intent and purpose, in a world and class of his own. This is because his business trajectory and personal philosophy are uniquely his, and therefore worthy of emulation.
Sitting atop one of the most cherished and subscribed network, Glo, Adenuga has not only inspired lives, but practically lifted not a few to enviable heights.
Known for his diverse investments in oil, gas, telecommunications, banking, construction, and real estate, Mike Adenuga notably shook up the African telecom sector with the launch of his telecommunications network, Globacom Limited (Glo), in August 2003.
Also referred to as The Guru, Adenuga is like the proverbial Iroko tree, who is unlike any other. In terms of humility, pedigree, magnanimity, wealth and portfolio of investments, he is one of a kind.
“As of Jan. 1, 2024, Forbes, the U.S.-based business magazine renowned for tracking global billionaire fortunes, estimated Adenuga’s wealth at $6.1 billion. By Dec. 31, 2024, his net worth had grown to $6.8 billion, ranking him as the 448th richest person in the world. Adenuga’s wealth is anchored in his control of Globacom, Nigeria’s second-largest mobile telecommunications and digital services provider, which boasts over 60 million subscribers,” according to Billionaires.Africa
Adenuga is fondly remembered for launching operations on Per Second Billing, thus ensuring subscribers only pay for actual time spent on a call instead of the practice of billing customers N50 per minute even when the call cuts off at just 2 seconds. It also crashed the cost of SIM card from N30,000 to N6,999 and later N100, thereby making it possible for low income earners, students and artisans to own GSM lines today. It is now one of the most recognizable brands across the continent.
Love him or hate him, you can’t fault him. He is an enigma. A definition of class, humanity, intellectual discipline and entrepreneurial acumen. He is the very epitome of when the going gets tough, the tough gets going. And of course, a reference point and research material when it comes to philanthropy. Dr. Mike Adenuga doesn’t give little or give just for giving sake. He gives to sort and solve a lasting challenge. Yes, he is Dr. Michael Adenuga Jr., ‘The People’s Billionaire,’ and without introduction, the brain behind the increasingly success stories recorded at the Globacom Group, among his many other conglomerates and subsidiaries.
Known by many appellations, such as the Spirit of Africa, a rare gem, walking kindness, moon amongst the stars, owner of wealth beyond money, the mighty oak, the man with the gift of Foresight, the Bull, Pillar of sports among a whole lot more, Adenuga’s image looms large. He appears little, and achieves so much more. Hardly seen, but gracefully and consistently felt.
Born on April 29, 1953 to Oloye Michael Adenuga Sr and Chief (Mrs) Juliana Oyindamola Adenuga, the Yeyeoba of Ijebuland, Otun Gbadebo of Ikija and Iyalaje of Ijebu-Igbo, Dr. Mike Adenuga Jnr was not a silver spoon kid, but his parents were comfortable.
The indigene of Oru, Ijebu-Igbo, Ogun State was born and schooled in Ibadan. He attended the famous Ibadan Grammar School. He had his university education in the United States. He majored in Business administration with emphasis on Marketing.
While in school, to augment the allowance sent by his parents, he worked as a cabbie (Taxi Driver), putting in many hours of work a week. This culture of back-breaking hard work shaped him for his ambitious business adventures later in life.
Dr. Mike Adenuga Jr is married to Mrs. Titi Adenuga (nee Adewale). She provides the comfort and stability that such an incredibly busy man requires. His children are Oyin, Babajide (Bobo), Paddy, Bella, Eniola, Bimbo, Sade and ‘Niyi Jnr. He also has grandchildren.
FEMI OTEDOLA

Billionaire businessman, and Chairman, Geregu Power Plc, simply addressed as Femi Otedola (CON), is a focused and determined man. He made his choice from day one, and has refused to be derailed. This explains his prolific nature in the world of entrepreneurship, which has directed his life.
One thing is very obvious before all and sundry, and that is the fact the dotting father of four adorable children is really an Epicurus son, and has no place for half measures when it comes to giving himself, his business and of course everyone around him the good life.
It won’t be forgotten in a hurry how the philanthropist spent a whopping Three Million Pounds to rent a cruise boat in celebration of his 60th birthday in 2022.
Born on November 4, 1962, in Ibadan to the family of the late Sir Michael Otedola, a former governor of Lagos State, Otedola is a definition of everything good, positive and encouraging. He has lived his 60 years representing the very essence of living, affecting lives as a philanthropist, developing careers and manpower as a businessman, industrialists and entrepreneur, and raising biological children, who has stood their own in the society. There is hardly anywhere this tall, handsome phenomenon of a personality can be faulted.
The billionaire businessman started his education at the University of Lagos Staff School before attending Olivet Baptist High School from where he was admitted into Obafemi Awolowo University in 1980. He graduated in1985.
A former chairman of Forte Oil Plc, the Chancellor of St Augustine University, Epe, Lagos, is the founder of Zenon Petroleum and Gas Ltd, and the owner of a number of other businesses across shipping, real estate and finance. He has recently invested in power generation as part of the liberalisation of the sector in Nigeria.
The author of the bestseller, MAKING IT BIG, who has homes in Lagos, Abuja, Dubai, London and New York City has a much impressive existence since he set out to take the bull by the horns in the field of enterprise. This is as chronicled by wikipedia. In 2003, having identified an opportunity in the fuel retail market, Otedola secured the finance to set up Zenon Petroleum and Gas Ltd, a petroleum products marketing and distribution company.
As owner and chairman of Zenon, in 2004 he invested N15 billion in downstream infrastructure development and acquired storage depots at Ibafon, Apapa as well as four cargo vessels, amounting to a combined total storage capacity of 147,000 metric tonnes. The same year he acquired a fleet of 100 DAF fuel-tanker trucks for N1.4 billion.
By 2005, Zenon controlled a major share of the Nigerian diesel market, supplying fuel to most of the major manufacturers in the country including Dangote Group, Cadbury, Coca-Cola, Nigerian Breweries, MTN, Unilever, Nestle and Guinness.
Related
Boss Picks
The Boss Newspaper Welcomes Folu Adebayo into Its League of Columnists
Published
2 months agoon
March 13, 2026By
Eric
By Eric Elezuo
As The Boss Newspaper continues to gain traction, expansion and readership across the media spaces, more intellectuals are joining the long list of columnists contributing beneficial articles and information to the reading public.
The latest among The Boss columnists is AI expert, humanitarian and leading autism advocate among others, Mrs. Mofolu Adebayo.
Folu, as she is fondly called, is an AI expert, technology architect, charity founder, philantropist and autism advocate with academic backgrounds in Science, Law and Artificial Intelligence. She brings a unique perspective that combines technical expertise with lived experience as the mother of an autistic young man.
Her work focuses on the intersection of artificial intelligence, technology policy and neurodiversity, exploring how emerging technologies can improve diagnosis, support, education and long-term independence for autistic individuals.
Folu is passionate about ensuring that innovation is inclusive, and that technology is designed with neurodiverse communities in mind. Through her writing, she aims to bridge the gap between technology, policy and real-world family experiences.
Folu, who writes about the intersection of AI, society, and human potential, also explores how emerging technologies are reshaping the future of work, education, and everyday life. She is also an autism advocate and brings lived experience to conversations about inclusive and accessible technology.
She joins eminent columnists already in the fold of The Boss Newspaper.
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