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Why We Are Celebrating Former Daily Times MDs, Title Editors – Fidelis Anosike

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By Eric Elezuo

He is an epitome of what administration and goal getting is. He is Dr. Fidelis Anosike, the president /CEO, Chairman of Folio Holdings Limited, Publisher of the respected Daily Times of Nigeria among others. In this interview, the administrator par excellence revealed the intricate nature of himself, the intrigues towards the acquisition of Nigeria’s oldest newspaper, his political future as well as other sundry issues in today’s Nigeria.

Kindly introduce yourself

My name is Fidelis Anosike. I am the president, Chief Executive Officer of Folio Holdings limited,The group comprises Folio Communications Plc, Times Multimedia Limited, 1st October Limited, folio media group folio investment and trading company.

Folio Communications Plc acquired the of Daily Times of Nigeria Limited. The company is the publisher of the Daily Times, The Sunday Times (TST) and The Business Times, The Daily Times Digital (DTND), folio Nigeria which is an afro pop digital content platform lunched in 2018 with CNN as an exclusive affiliate.www.folio.ng

The Folio Media Group (FMG) has access to the technology space and also doing a consolidated media offering to clients. the Folio Investment and Trading Company (FITC)is an investment company focused on media/creative/cultural industry investment and innovation.

We also have as part of the group, Folio Media and Creative Academy (FMCA)which is working in tandem with relevant authorities, bodies, companies/organizations to train journalists and creative industry practitioners. The aim is to train 50, 000 in those key fields in five years.

Does the Creative African eXchange perform the same function?

No, that is Folio Media and creative Academy. The Creative African eXchange (CAX.caxafrica.com) is part of the Folio Media Group. It is part of the initiative we are trying to use to consolidate the continental space of the creative and cultural industry.

Can you shed more light on 1st October and Miss Nigeria as offshoots of Folio Media Group?

1st October Limited is a publishing company that we set up in 2007 to publish the birth of Nigeria. So it has evolved overtime because we have done over 10 different publications on Nigeria and state governments, and it also went ahead in 2014 to give birth to a global public perception movement for Nigeria called Nigeria, Our Heritage.

This was launched at the Kennedy Centre, and it was the first ever African event at the Kennedy Centre, Washington DC on the sideline of Obama African heads of Government meeting. What we are trying to do with 1st October and Nigeria, Our Heritage is to see how we can transition the love of Nigerians to love of Nigeria.

We saw a gap there in terms of country branding, we want to create a platform that will enable us to use, especially Nigerians in the Diaspora to drive the love for country because at the end of the day, other countries spend tons and tons of millions of dollars in country branding.

Even the United States spends up to $240 million annually to brand their country. You see, once you are in Europe, you take a 30 per cent cut. If Aliko Dangote walks into an office in New York, and says he is a Nigerian, he takes a 30 per cent minus. That is huge! That’s one of the reasons our national development is stunted, because our brand, the brand Nigeria has so much deteriorated. Why? There are so many reasons: political instability, military government of thirty something years, advanced fee fraud, imperialistic gang up and many more. So you can see the reason it has happened over the years.

There is always a reason for everything. So we as Nigerians, what are we doing to change this for the future because people only do business with people who they trust.

Without that trust, we cannot have foreign direct investment coming to Nigeria. You can have $10 billion like in Lagos State, and you are happy, but you could have $100 billion. You can begin to see how that affects national security, the issue of banditry and so on.

The problem is image. Nobody wants to do business with anybody that is dirty. If you wear dirty clothes, you become non attractive. There are options; people can sit down in New York and put their money in Scottish windows or savings accounts and make returns.

But if you want people to come from China or America, you must present yourself in a way that even give them the opportunity to fly down in the first place before they can find out there are challenges.

There are challenges everywhere. Afghanistan is probably receiving more investment than Nigeria even as they are a war-torn country. So it is a matter of how you package yourself as a country. Nigerians must help to improve the whole because when the whole collapses, the part, which may be fantastic, will automatically collapse. That is what 1st October is doing. It is a big project. We just recently partnered with the Nigeria Diaspora Commission, and in October, we will start an immersion programme, which is going to bring 100 very young Nigerians from all the Ivy League schools in the Diaspora and bring them to Nigeria.

We will train them on issues of national development and deploy them to about 100 companies, and expose them to what Nigerians are doing right. We know that a lot of things are going wrong, but let’s amplify the right ones and let’s also inculcate this into the young people. So, it is going to be a deliberate effort to raise 1000 people young people that can become advocates for the country Nigeria.

The only thing we are going to do is positive and we can see the reverse impact. This is what 1st October is all about. This is a positive national development platform.

We have remodeled Miss Nigeria to become more than just beauty pageant, it’s more of an young female empowerment platform was founded in 1957(54years ago) it gave life to all other pageants in Nigeria. (MBGN) etc.

Our very first Miss Nigeria is still alive at 86, chief Mrs Grace Oyelude we shall also institute a commemorative lecture in her honour as a DTN icon.

Every Miss Nigeria is an ambassador of the Green Girl company, with projects like Green Dignity Kit (GDK) and Green Girl academy among others

Can you please trace your background a little; how did it all start?

My father was an Inspector of Police in the Nigeria police force. I got into the university by drawing portraits so I am a graphic and creative artist. I graduated from the
University of Benin.

I tell people that the creative industry is not just my passion; it is my job, did loads of self-development got enrolled at Harvard Business School owner president management course (OPM 39)

I am a Harvard alumnus, and being @HBS opened my eyes to how businesses are run properly.

At 24 years, I established Folio Communications, which went on to acquire Daily Times of Nigeria, the oldest surviving newspaper and noteworthy media organization in Nigeria. I regard myself as a creative and communication player.

And since then, I have been trying to see the much I can do with the resources available to me both access to capital and knowledge.

I also have investments in other areas such as water, renewable energy, and I am also financing some global companies on major research on mobility and renewable energy space.

You founded Folio Communications at 24, how did it happen?

All we need to do as human beings is pray for God to give us consciousness. If you can get consciousness at 10; you can get consciousness at 30; you can get consciousness at 70. If you pray for the grace of God, you can get consciousness early. I think I was lucky to get consciousness early.

How did I find Folio at 24? I had an uncle of mine that worked with the Central Bank, and he introduced me to the Head of Communication, Mr. Bolarinwa of blessed memory, and Mr. Amobi, and they allowed me to enter for CBN creative jobs.

At that time, when they want to make a Christmas cards, Eid cards or something like that, they make it open, and whoever wins, that is if they pick your design, you will be commissioned to do packaging.

I won on three occasions, and the price for each was 14,500 naira. With that, I was able to get my office, and went to create an ecosystem of my friends that studied graphics with me. Whenever a company that needs our services, we all make design submissions and as fate would have it, one of them always won. Together we won on many occasions for companies like First Bank, NNPC, and CBN etc.

That was how I was able to build up capital to go into the communication business. I created a standard for myself and friends and became a relationship manager for them because they were all in a paid job. Whoever’s design that was successful shared the proceeds with others. It was a case of all for one, one for all. We designed, restructured and produced all the diaries of NNPC for 2years running through open and competitive bid process.

Introduced Nigerian idioms into those diaries rather than white labeled ones from FT and co, gave it local content. All because of the love we have for the country. I am fully Nigerian; and I am proud of my ethnicity as an Igbo man. If there is no Nigeria, there will be no Igbo. None of us chose to be here, but we are here.
No one chose his father or mother, and so cannot restructure his parents. We must not use all the energy we have to think of how to dethrone what we had no hand in creating. In the past 60 years, we have been talking about restructuring; we could have used that same energy for better things.

Both Obasanjo and Jonathan had the opportunity to restructure, but they didn’t. Now, Buhari is here and you are asking him to do this and do that when you couldn’t do anything when you were there in that regard.
If all the presidents we have had, had taken up one thing and built on it, it would have been better.
Obasanjo should have picked one place and converted it to Eldorado, and same with Jonathan. If they accuse you of ethnicity, it doesn’t matter. Babangida did it with Abuja on the pretense that Lagos was not safe and proper as Federal capital. That could have been an ethnic agenda.

And today, everyone is enjoying Abuja, and no one remembers it was an Hausa man that built it.
So it doesn’t matter. If it will bring about economic development. With economic development, there will be no banditry. The question is why are we even talking about these things? The answer is for years, we have all been sitting down. The governors of the states were busy manipulating local governments, collecting security votes and doing nothing with them, and nobody made a sound. There are consequences for inaction.

What is happening today is a consequence of long-time inaction; of doing the wrong thing, and not having ideas for doing the right thing. Most of the governors were busy building airports they don’t need, but neglected the primary schools that are supposed to train people that would shape the future. They neglected education, and dwelt on less important things. So when you lose empathy, you start approaching things from the middle. That explains why conspiracy theory comes in. Then someone will start by accusing Fulani herdsmen. Those cows they rear are owned by politicians; the herdsmen are just transporters. The cows are expensive, so in the same way a bullion van carrying N5 million goes about with armed escort, well…

When exactly was Folio Communications established?

That should be in 1991. In 2004, Daily Times was put up for sale. Before then, they had tried to sell the shares through public offer through the stock exchange, but it failed, So BPE resorted to Core Investor Sale which refers to a situation where whoever buys it, takes full management control, folio Communications was already a thriving communication company, and so felt that we needed a media voice and had to create a media company.

Long before then, I was already involved in some creative work for ThisDay, and that was how I met Chief Dele Momodu. I had a lot of background knowledge. I reasoned that if I had to make my dream known, I needed a media voice. So I entered the bid as the singular company involved, others were consultants and consortiums
We were pre-qualified, and made a deposit of $10,000 and put in our technical bid. We were number one. We actually scored 81 per cent. This terrain was known to me. I learnt under Dele Momodu and Nduka Obaigbena; these are men who are far ahead of their time.

I’m sure that until Dele celebrated 60, people may have been thinking he was 90, and so was Nduka. They are my pillars including Okagbue Aduba, when it comes to how I was able to understand Nigeria and how it works. I connected with their energy which was infectious. At that point I already had $1 million for the bid bond. This is a security for your integrity, and so no bank will lend you money for a bid bond You can only finance it with equity. It is money you lose if at the end of the day, you did not pay the bid price Daily Times Bid Bond then was N100 million.

You know they had earlier tried selling it via shares, hoping people will buy and someone will acquire the majority, but nobody came in. This was because the media industry in Nigeria is not bankable; it has not been restructured so it doesn’t have capital flowing into it. We bided and attracted N1.25 billion into the media industry as far back as 2004

In our first bid, was i think N327 million, our competitor, bided N800million in their first bid. That was N500 million above us. But we knew the bid was in two rounds. Our second-round bid was N1.25 billion, while our competitor second round bid was N1.05b and we won.

When we bought and took over Daily Times, its liability was N1.9 billion; the assets were N2.3 billion; the enterprise value was N700 and something million. We bought Daily Times at almost twice the price the government was hoping to get.

It is on record, and I was about 35 years old then. Nobody would have given an Igbo man (Boy) a chance to buy Daily Times. I am a testimony that things can work in Nigeria if you believe. I had no godfather, only by faith and audacity of hope.

Daily Times has had several managing directors and top executives from southwest majorly.
The company was created by Adeyemo Alakija and the London Mirror Group. It went on to have Dr. Ernest Ikoli, Alhaji Babatunde Jose, Amb. Dele Cole, Aremu Segun Osoba, Chief Tunji Oseni, Prince Tony Momoh, Dr. Yemi Ogunbiyi, Chief Innocent Oparadike, Dr. Onyema Ugochukwu, and Chief Sam Amuka Pemu among others. The Daily Times was the biggest mouthpiece in the country.

At one time, Alhaji Babatunde Jose was asked if he would run for president, and he said he was already chairman of Daily Times. That was how big the Daily Times was. It was the fourth estate of the realm.
Because I did appreciate the enormity of what I took upon my shoulder when I took it over, the commercial problems arising from property didn’t weigh me down I am not a property person the only thing (personal property) I own in Abuja was bought with my money. No government or minister can claim to have given me any Land.

When we took over Daily Times of Nigeria there were about 400 staff in the company then, and money from the government was not going to be coming anymore. So we had to restructure. We had to downsize, and fought with the union for two years. During the fight with the union, the business was closed down. Then Hallmark Bank, which loaned us the money, took over the company. We didn’t recover the company through legal means until September, 2007. So, I acquired the company in 2004, it was hijacked by Hallmark Bank.

Everyone was interested in the assets and no one was thinking about the liabilities. We had to go to court. There was the man, Mr Adrian wood, one time CEO at MTN who joined us at Folio Communications; his mission and mandate were to revive Daily Times, and put it on the same pedestal as the New York Times. He employed people from all walks of life; both Nigerians and Africans to make it a model. We knew that without a dominant and strong media organization in Nigeria, the issues of national development will fail. That is why in America, we have Fox, CNN, etc. on their ideological beliefs, and tied to politics.

Without a strong media, there will be fragmentation, and that explains why the masses don’t have a voice – an ideological voice then becomes commercialized and a merchandise. We wanted to make Daily Times what it used to be. Thereafter, all sorts of people started taking us to court. All these people came from third parties because folio acquired Daily Times alone, Like the typical Nigerian context everything is contentious not to talk of when you acquire a national asset. We adapted to many things in the cause of all these.

The first Times Heroes Awards DTN@91 in 2017 was massively supported. We interacted with many governors in the process. We see what Nyesom Wike of Rivers State is doing today. We are proud of him. We saw the character the man brought with him to the office from day one, and gave him an award. We gave award to people like Bello of Kogi State. You know sometimes you have to encourage people with potential or you lose them. What makes you tough is working and performing in tough circumstances like Wike.

And this is why people respect Aliko Dangote, because walking out on Aliko is walking out on Nigeria. When his refinery starts operation, 90,000 people will be employed. It is about job, job, job – that is what will bring National development, difficult circumstances should not be a limitation. We use Dangote cement, and other products eg GB tomato farm/world class processing factory on thousand hectares in kebbi state and Kebbi rice and Olam Agric production establishment are domiciled in the northern Nigeria without remembering that they in the so-called Fulani area. There is good in every part of the country, and in everybody.

Why did you retain the name Daily Times after acquiring it? Is it because of its influence?

No, it is not because of the influence. Daily Times owns the largest archives. It is 95 years now, and will be 100 years in five years. How many media companies in Nigeria are 100 years old? Daily Times is beyond a newspaper company. It was here before Nigeria. It created the Nigeria Stock Exchange. It has produced two or three state governors. It is a national development company.

In the run off to our 100 years, we have created an event to celebrate icons of Daily Times – our heroes. Times Heroes. The first one that we have designed is for Ambassador Dele Cole. We are hoping to do these in their states of origin like in Port Harcourt. In Port Harcourt, it will be a two-day event. On day 1, we are going to train about 500 journalists of that area so that he can inspire local journalists of that area; tell them how young he was when he went into the media and more.

On day 2, there will be a proper lecture where the likes of Akinwunmi Adesina, Wole Soyinka and co will invited as keynote speakers. There is nothing like making impact in your home state. We have lined up about 15 of our former’s heroes. The first one will be in Rivers State because that is where Dele Cole comes from. We don’t want to keep celebrating people when they are dead; we want to celebrate them while they are alive, and learn something from them. We will talk about national development and the role the media plays.

In Nigeria, we let out heroes die without transferring knowledge. We need to have History of Nigeria because if you don’t know where you are coming from, you won’t know where you are going, we must return history to our schools. And that is what we are doing at Folio Communications. It is important therefore we get this first one right – 1st Ambassador Dele Cole Lecture towards Daily Times at 100. Secondly, we are developing a book, which Dr Onyema Ugochukwu will co edit with Chief Tunji Okegbola DTN Librarian of over 40 years to be launched at our 100-year celebration. Amb Dele Cole proved himself to be an epitome of politics without bitterness, media game changer and diplomat per excellence.

He created the legacy of The Guardian and revived the legacy of Daily Times and when the government was becoming overbearing, he created a new legacy the guardian.

The planning for the 1st Onyema Ugochukwu lecture is also on in 2022, we will celebrate Ernest Ikoli, the first ever indigenous and founding editor of the Daily Times, we are also looking at celebrating Allahaji Babatunde Jose, Aremu Segun Osoba, Dr yemi Ogunbiyi, Chief Sam Amuka-pemu,chief, Mrs Grace oyelude, 1st miss Nigeria, Prince Tony momoh.

Our goal between now and the next five years, is to institute a minimum of 10 lectures. Each of them will be in respective home state of the icon, most of them and their governors have accepted.

And they are all excited about it. And we will send a letter to Governor Wike believing he will be gracious enough to accept and host the 1st Amb Patrick Dele Cole lecture On the continent, Folio Media Group is an exclusive news affiliate to CNN. We are not advertising partners; we are content partners; we are creating products with CNN. We are currently working on a continental media project with CNN which should be finalized and announced soon towards capacity building in the continent aimed at increasing the African voice in the world and also curb fake news.

In The Daily Times, our focus has remained capacity building in media and creativity industries that is what can transform the industry to meet global standards and support national development. We, as a country need to build a competitive advantage in media and creative industry because it’s our low hanging fruit and moreover most young people want to be in that industry so jobs are massively provided. Why are we spending billions building monuments? We have 30 airports or thereabout, some of them are not working – they are not even conforming to the national aviation master plan because the governors just want to build monuments.
Why don’t we channel those funds for monuments to other stuff – things that will create jobs? The media and creative industry where our young people have been exceptional through self-help, let now be deliberate.

Let’s talk about Nigeria Politics. At the moment there are several agitations: for secession, one Nigeria and restructuring. What is your take?

My take is very simple. Of a fact, people’s views are a function of their knowledge. First of all, I will blame the government for not being proactive in the area of communication, but people should understand we are talking of banditry in Nigeria, and we still have coronavirus active. Last year was the first year that the whole country was shut down. What it means is that there will be consequences afterwards. Politicians will lose their livelihood, drivers will lose their livelihood, and when people don’t have livelihood, they look for a way out. When EndSARS was on – yes, Nigeria needed to end SARS because it cannot in the guise of solving a problem become a problem. We have to understand that Nigeria is being exploited by all manner of people, and crime is also all about exploitation.

If those people crying about secession are given a position today, they won’t talk about it again. At the end of the day, most of those cries and hues are not genuine. They are mostly based on vested interest; that is my problem, there is no problem that cannot be solved, so dialogue is key. If we shout about restructure, we should ask ourselves why hasn’t the country been restructured till today. Obasanjo was in power for eight years, why didn’t he restructure? What was his constraint? So was Jonathan after convening a national conference, there may be reasons they did not restructure, so the cries and hues are okay.

People must express themselves, but they should all work on the path leading to a true Nigeria. If we must secede or break you must explain the meaning and modalities to us; not after seceding, we begin to have issues among ourselves. So all those calls must be interrogated. Now, we have non-state actors; people that did not even go to school leading calls.

How? Governance is intellectual. You see those who do not have temperament, who do not understand good and bad leading calls because they have a voice. The cries and hues are okay though because they can form topical issues for 2023 elections. However, today, APC and PDP are the same; there is no ideology. The issues raised could become ideological, and any party willing to give what the people want would be chosen or voted into power the cries and hues are good and bad, but we need to ask ourselves what the real cause,

Nigeria from far back is seen as a rentier state. If your relation is announced as minister today, people will start congratulating you. Why? We need few good people in Nigeria to understand that where you are is better than where you are trying to be, and then work violently to convince the rest to calm down because in the next one and half years, there will be an election.

Buhari has just two years to pack and go. So let not those clamors be an opportunity for people to further rape Nigeria and take advantage of the weak system. Let it be a clamor to formulate the issues that would form the agenda for 2023. When Buhari was coming, he ran his campaign on security, corruption and economy, and so it is easy to score. Others can come with restructuring and more, and Nigerians can see how to vote in the right people. Let the past be bygone.

Given the opportunity sir, can you score the president in six years?

Yes, I think the president has done very well. I believe in foundation, and these are the foundations the president has established. What is the reason the president was able to borrow money? I challenge anyone to try and borrow N50 million, and you will understand. It is typical discipline. When the World Bank gives you money, they don’t just leave you because the money is specified for a project. This is number one. We talk about social programmes. We have an out-growers scheme today impacting on millions It was designed when Akinwunmi Adesina was Agric minister Go and check what is going on in Kebbi. By year end, you will see the number of tons of rice Nigeria will have.

The Dangote refinery has taken years; when it is completed, you will see the impact. It is a social programme because every day, we talk about subsidy, and subsidy removal cannot work without supply, and then money is channeled to every other thing.

On infrastructure, we talk about the rail lines. The rail lines of today were started by Ahmed Joda and Obasanjo. It was an $800 million loan to build various rails. This is about N6 trillion, today because of interest and non-completion, but today the projects were renegotiated and are being delivered as we can see. That was why the president was going to China back and forth. Today, you can enter a train from Lagos to Ibadan, and nobody is talking about that.

In my own region, for 15 years, we had senate president, economic adviser, and others. There are three major roads in the south: East West Road, Enugu-Onitsha Road and Enugu-Port Harcourt Road. It is only in the past six years that we have had consolidated build out. From Enugu to Port Harcourt today will take 1.45 minutes now This is a journey that previously takes three to four hours.

There is the Second Niger Bridge. I can go on and on. In technology, the issue of NIN for which Mr. Afolabi went to jail has been delivered. Yes, people may have a problem on how it is being delivered but no one can give what he does not have.

In aviation, the former governments took loans to build four airports, and the government added the 5th because the then Minister was from the southeast, she added the Enugu Airport. Abuja International Airport is delivered, Port Harcourt and Lagos international airports are delivered as well as Kano all in six years, and massive infrastructure upgrade with a reliable road map in place. Thanks to the Aviation minister, nobody would have been moving around with this banditry. He has made it possible for airlines to be coming on board. Their style may be different, but there is a method to this madness.

These are foundations that i can connect to one good thing is that Buhari has actually changed to a democratic person. In his first coming, he wasn’t democratic at all. It is a big achievement that he was able to get that transformation. I think the government has done more than average in all ramifications, and I can challenge anybody to that.

The problem we have is expectation. We can only get the government we deserve. We cannot get an Obama in Nigeria. We are all complicit. So let’s forget about Buhari and talk about 2023. Let us take the good Buhari has done and build on it; let us take the bad things he had done and correct them.

That is the kind of positivity I want from few good men. Let us not tear the house down. Different versions from different people. Will a Femi Adesina tell you that Buhari is not doing well? No.
But the main concern is how the common man is faring now and how he will fair tomorrow. Buhari’s continuation of his predecessor’s project and supporting all competent regardless of affiliation are the way to go and a big lesson to politicians. Government is a continuum, PMB’s legacy of walking across the aisle is a master stroke.

On a final note, one of the biggest reasons I say Buhari has done well is the 40-year-old Mr Bawa he appointed as Chairman of the Economic and Financial Crimes Commission (EFCC). The future belongs to the likes of him and his peers, Nigerian corrupt practices have to be reduced that’s the main threat of Nigeria. I don’t care if he appoints only Katsina people once they are competent.

The Igbos are already leading in commerce. They love competitiveness, building new frontiers. As of today, Igbo control 50 per cent of land in Nigeria; we have bought land everywhere so if you add to the five southeast states we have, we almost control half of Nigeria. To aspire for power, you must be sure you have the capacity to carry it, otherwise it will feel like an elephant on your head. National development is a journey let’s sustain building institutions

Do you nurse any political ambition?

Life is dynamic. For me to have political ambition, I must have finished what I am doing now. I have not revived Daily Times, why nurse political ambition? One can create impact from wherever he is. Politics is not a vocation. It is supposed to be corporate social responsibility. But people who have failed in their fields have found it as a sure means to buy cars and houses. These are depraved individuals; people that have complex.

To have political ambition, you must have thorough knowledge of the terrain and situation in Nigeria. You must also be sure you are going to impart on people. Until I complete the transformation of Daily times, nothing else. Even God will ask me what I have done with the one he gave me. I am constantly building relationships, learning on how I can return Daily Times to become what it used to be.

How wonderful a family man are you; married, with children…

No, I’m not married. I have not been married for 10 years, hopefully, I should be. I have been married to my job for 10 years. I won’t say I’ve been a fantastic family man. I’ve been married before. I have a daughter, who will be 14 next month, and a son, who is 11. Hopefully, I should be married soon as I am in a serious relationship/courtship.

ABOUT MR FIDELIS ANOSIKE

Dr. Fidelis Anosike is the President of Folio Holdings Limited, Folio Media Group, 1st October Publications Limited, Folio Communications Plc – publishers of The Daily Times Nigeria, The Sunday Times (TST) and The Business Times, with business interests in publishing, multimedia content creation and distribution, Renewable Energy, Smart Mobility and Investments among others.
Dr. Fidelis Anosike
Dr. Anosike is the protagonist for the Creative Africa Exchange (CAX), a creative industry consolidation catalyst (www.caxafrica.com). He also champions the Nigeria our Heritage project, a positive perception movement for Nigeria (www.noh.ng).

Folio Communications under Anosike’s leadership acquired from the Federal Government of Nigeria, The Daily Times Nigeria (founded 1926) which is the country’s oldest and most noteworthy news organisation. Over the past 16 years, Anosike has tirelessly worked to restore this National Heritage to its past glory and further take it digital/multimedia in line with current trends.

FMG incubated and launched Folio.ng in 2018, an afro pop culture and digital content platform (www.folio.ng), which is part of Folio Africa and launched with CNN as an exclusive affiliate.

Dr. Anosike is at the forefront of launching MVMO Africa, a digital distribution and monetization platform for movies, video, music and opportunities powered by V-NOVA cutting edge compression technology (LECVE). MVMO which is live in the 2nd quarter of 2021 will deliver content across Africa on low bandwidth of 2G and 3G.

He holds a Bachelor of Arts degree in Creative & Applied Arts from the University of Benin, a graduate of Harvard Business School, after wards i embarked on self-development program Owner President Management Program and Alumni of the Harvard business School; which opened my eyes to how business is been run, also holds an honorary doctorate in Philosophy from Trinity International University Georgia USA.

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Tony Elumelu Dazzles at 61, Unleashes More Wealth Creators

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By Eric Elezuo
It wasn’t a coincidence that leading empowerment vessel for African entrepreneurs, The Tony Elumelu Foundation (TEF), chose March 22, 2024 to announce 1,200 African entrepreneurs across 54 African countries as beneficiaries of its flagship Entrepreneurship Programme. The new beneficiaries became the 10th cohort of the 10-year-long TEF Entrepreneurship Programme of the entrepreneurial legend, Tony Onyemaechi Elumelu, who turned 61 on the same day.

To date, the Foundation has disbursed US$100,000,000 directly into the hands of young African entrepreneurs, who have, in turn, created over 400,000 direct and indirect jobs, contributing significantly to Africa’s economic growth and development. The Foundation has also provided capacity building support, advisory services, and market linkages to over 1.5 million Africans through its digital entrepreneurship-support platform, TEFConnect.

In addition to unleashing more entrepreneurial giants and weath creators into the competitive global market, the enigma celebrated another year of positive impact on the surface of the earth. He is also the influential name associated with the great United Bank for Africa and Heirs Holdings Limited. Here is a man who will never cease to create firsts. That is what he was created to do, and has never disappointed. As such, his accolades resonate not just in the Africa sub-regions, but across the globe.
Vintage Tony Elumelu, the Chairman of Heirs Holdings, the United Bank for Africa, Transcorp and founder of The Tony Elumelu Foundation, is a Nigerian national honours holder, the Commander of the Order of Nigeria (CON), and Member of the Order of the Federal Republic (MFR). It is worth noting that Tony has successfully held various editions of his annual Tony Elumelu Foundation Entrepreneurial Forum with not less than 54 African countries participating each time. The 2024 edition was no exception as 1200 beneficiaries emerged. He has not ceased to inform the young ones that the future of Africa is in their hands, and always go a step further to walk the talk
Adding another glorious feather to his retinue of feathers, Elumelu and his team of dedicated achievers, also operate new group insurance companies, namely Heirs Insurance and Heirs Life.
For a man, whose only concern is affecting humanity, it is not surprising that encomiums trail every of his step. In faraway Belgium on November 15, 2020, the man many referred to as chairman of chairmen was conferred with Belgium’s oldest and most important national honour titled: “The honorary distinction of Officer in the Order of Leopold.”
The award is said to be in recognition of his commitment to the eradication of poverty and the economic empowerment of young Africans. That’s vintage Tony, and it is no wonder he has been able to coin a new lexicon in the dictionary of entrepreneurial intelligence; Africapitalism!

“…the Kingdom of Belgium conferred on me with the honorary distinction of Officer in the Order of Leopold, the country’s oldest and most important National Honour.

“I am humbled by this recognition of the work @TonyElumeluFDN in catalysing entrepreneurs across Africa and will continue to drive the economic empowerment of our brilliant young #Africanentrepreneurs to propel development in Africa,” the distinguished entrepreneur had reported.

In commemoration of of his diamond jubilee event, a symposium was held in his honour at the Tony Elumelu Amphitheatre in UBA House.

The symposium tagged ’60 for 60’ was attended by 60 young beneficiaries of the Tony Elumelu Foundation Entrepreneurship Programme, friends and colleagues. He has never left the young people behind in his scheme of things.

 

Born Tony Onyemaechi Elumelu on March 22, 1963, in Jos, Nigeria, the economist by training, visionary entrepreneur and philanthropist, acquired and turned Standard Trust Bank into a top-five player in Nigeria. In 2005, his corporate reputation as an African business leader was sealed when he led the largest merger in the banking sector in Sub-Saharan Africa to acquire United Bank for Africa (UBA). In five years, he transformed it from a single-country bank to a pan-African institution with over seven million customers in nineteen African countries.
In 2011, New African magazine listed him as one of the 100 most influential people in Africa, and a year later (2012), he was recognised as one of “Africa’s 20 Most Powerful People” by Forbes Magazine.
Following his retirement from UBA in 2010, Elumelu founded Heirs Holdings, which invests in the financial services, energy, real estate and hospitality, agribusiness, and healthcare sectors. In the same year, he established the Tony Elumelu Foundation, an Africa-based and African-funded philanthropic organisation dedicated to the promotion of excellence in business leadership and entrepreneurship, and to enhancing the competitiveness of the private sector across Africa.
His stated objective at the formation of Tony Elumelu Foundation was to “prove that the African private sector can itself be the primary generator of economic development.” The Foundation is charged with the mission of driving Africa’s economic development by enhancing the competitiveness of the African private sector. As a premier pan-African-focused not-for-profit institution, the Tony Elumelu Foundation is dedicated to the promotion and celebration of entrepreneurship and excellence in business leadership across the continent, with initiatives like The Tony Elumelu Entrepreneurship Programme (TEEP)
In a bid to expand his conglomerate as well as his business horizon, in 2011, through Heirs Holdings, he acquired a controlling interest in the Transnational Corporation of Nigeria Plc (Transcorp), a publicly quoted conglomerate that has business interests in the agribusiness, energy, and hospitality sectors. Elumelu was subsequently appointed chairman of the corporation.
His enterprise is not limited to self financed enterprises as he serves as an advisor to the USAID’s Private Capital Group for Africa (PCGA) Partners Forum. He also sits on the Nigerian President’s Agricultural Transformation Implementation Council (ATIC). He is also vice-chairman of the National Competitiveness Council of Nigeria (NCCN) whose formation he was a key driver in, and serves as Co-Chair of the Aspen Institute Dialogue Series on Global Food Security.
Elumelu additionally chairs the Ministerial Committee to establish world-class hospitals and diagnostic centres across Nigeria, at the invitation of the Federal Government and the Presidential Jobs Board, engineered to create 3 million jobs in one year. He also serves as a member of the Global Advisory Board of the United Nations Sustainable Energy for All Initiative (SE4ALL) and USAID’s Private Capital Group for Africa Partners Forum.
One will not be wrong to address him as a philosopher as well as he is the originator of the term Africapitalism. According to him, Africapitalism is an economic philosophy that embodies the private sector’s commitment to the economic transformation of Africa through long-term investments that create both economic prosperity and social wealth. Elumelu sees Africans taking charge of the value-adding sectors and ensuring that those value-added processes happen in Africa, not through nationalisation or government policies, but because there is a generation of private sector entrepreneurs who have the vision, the tools and the opportunity to shape the destiny of the continent. He insists that Africapitalism is not capitalism with an African twist; it is a rallying cry for empowering the private sector to drive Africa’s economic and social growth.
Having studied under Professor Porter at Harvard Business School, Elumelu subscribes to Michael Porter’s concept of Creating Shared Value (CSV). Professor Porter is the Founding Patron of The Tony Elumelu Foundation. In the same vein, CSV refers to the idea that “companies must take the lead in bringing business and society back together.” It asserts that “businesses acting as businesses, not as charitable donors, are the most powerful force for addressing the pressing issues (society) face(s).”
In 2003, the Federal Government of Nigeria granted Tony Elumelu the title of Member of the Order of the Federal Republic (MFR), a national honour, and in 2006, he was voted African Business Leader of The Year by the Africa Investor magazine and was also recognised as  African Banker of the Year in 2008 by the African Banker magazine. In 2009, the Nigerian President Umaru Musa Yar’adua honoured him with a place on the Presidential Committee on the Global Financial Crisis.
In 2012, he was awarded the prestigious National Honour of Commander of the Order of the Niger (CON) for his service in promoting private enterprise. Apart from being recognised as one of “Africa’s 20 Most Powerful People in 2012” by Forbes Magazine as well as being featured in the New African Magazine’s list of the “100 Most Influential Africans in Business”. He was awarded an honorary Doctorate of Science degree from the Benue State University and an honorary Doctorate of Business Administration from the University of Nigeria, Nsukka.
In 2013, Elumelu received the Leadership Award in Business and Philanthropy from the Africa-America Institute (AAI) Awards. He was also named African Business Icon at the 2013 African Business Awards.
In addition, ESI-Africa, frequently described as “Africa’s power journal”, named Elumelu in its 2015 ‘ESI Most Influential Figures in African Power’ list, in January 2015.
Elumelu is not just a financial wizard; he also writes as well as provides incredible inspiration to writers. Some works that involves him include: How to Excel at Work – Proven strategies for achieving superior work performance by Bili A. Odum – a book inspired by Elumelu’s work ethics.
Elumelu has contributed to the Nigeria Leadership Initiative White Papers, writing on Leveraging private sector approaches in transforming government delivery.
The Power of Vision: Insights on Tony Elumelu is a testimonial compiled on the occasion of his retirement as Group Managing Director/Chief Executive Officer at the United Bank for Africa. It contains messages from Aliko Dangote, former Nigerian President Olusegun Obasanjo, Professor Michael Porter, former World Bank managing director and Nigeria’s Minister of Finance, Ngozi Okonjo-Iweala, President of Sierra Leone; Ernest Bai Koroma, former United States Comptroller of the Currency, Eugene Ludwig and Sanusi Lamido Sanusi, former Governor of the Central Bank of Nigeria.
He has written about his philosophy and the economic development of Africa for several publications around the world including The Economist, the Wall Street Journal and Financial Times.
The TOE Way: A handbook that offers insights into Elumelu’s philosophies, business practices, values and secrets of success, written by the man himself.
Tony Elumelu is happily married to Awele Vivian Elumelu, who he married in 1993, and they are blessed with five wonderful girls; Nneka, Ugo, Ogor, Oge and Onyinye.
It will not be worthwhile to end this article without stating the humble philanthropist’s one of most important quotes:
“Everything I have today is because of Africa, I was born here, went to school here, I work here and I’m achieving some level of financial comfort here.”
Sir, for your steadfastness in business and transformation of lives as well as unleashing the Midas touch on anything you are involved in, you deserve once again to be celebrated.
Congratulations sir and happy 61st birthday!

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Boss Picks

Goodnight Bamofin Abimbola Ogunbanjo

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By Eric Elezuo

On Friday, March 1, 2024, the remains of former Chairman of Nigeria Exchange Group, were committed to mother earth in his hometown, Ijebu-Ife in Ogun State amid wailing by friends, colleagues, associates and members of the immediate and extended families.

Till date, words are not yet enough to describe the emotional trauma caused by the tragic death of Mr Ogunbanjo since that fateful evening on February 9, 2024 in faraway California, United States of America. He was traveling in an helicopter in company of his friend, Herbert Wigwe, his wife and son, who also lost their lives.

Delivering his sermon at the funeral service, the Diocesan Bishop of Lagos, Church of Nativity, Right Reverend, who officiated the funeral, Ifedola Senasu Gabriel Okupevi, said the Holy Bible makes it clear that there was time for everything on the earth.

The clergy, reading from the book of Ecclesiastes Chapter 3 verses 1 and 2, noted that the passages made everyone know that death was imminent.

He said, “This time we are mourning, sad, and weeping because our dear brother Abimbola is no more; we believe that we will meet again at the resurrection in paradise. His time is up and that is why he is gone. He is no more concerned about the economic woes of this world and travelling up and down.”

Admonishing the congregation, the clergy urged everybody to emulate Ogunbanjo’s virtues in using his resources to help others.

According to him, “Watching a documentary about him yesterday (Thursday), late Ogunbanjo used his resources to touch lives leaving a legacy for others to emulate.

“He has done his bit, let everyone use your influence to do good; it’s the legacy left behind by Ogunbanjo. Look at Nigeria, palliatives are not going round. Let us try to help those around us we can help.”

For the family he left behind, the clergy drew their attention to the Book of I Thessalonians Chapter 4 verse 13, which states that, “they must see him asleep and not dead.”

The late Ogunbanjo’s daughter, Ladun, who struggled with emotions and tears to take the Bible reading from Psalm Chapter 128 verse one to eight, described her late father as someone who would be sorely missed.

In his vote of thanks, his son, Timi Ogunbanjo, thanked the Lagos and Ogun state governments and various groups for their immense support.

The funeral service attracted the late Ogunbanjo’s friends, associates from across the country, which included the President of Dangote Group, Aliko Dangote; Chairman and Editor-in-Chief of the THISDAY and ARISE Media Group, Prince Nduka Obaigbena; Senator Gbenga Daniels, Former Governor of Cross River State, Donald Duke,  Segun Awolowo and members of Igbobi Old Boys Association.

THE MAN BAMOFIN ABIMBOLA OLUROTIMI OGUNBANJO, OFR

Born 11th July 1962, he was the youngest child born to Chief Christopher and chief Mrs. Hilda Ogunbanjo both of blessed memory. Young Abimbola attended Corona School, Apapa, Lagos; Claremont School, UK and the University of Lagos Staff School for his elementary education between 1967 and 1973. Abimbola was admitted into Igbobi College, Yaba, Lagos in 1974 where he started his secondary school education. He completed his studies, acquiring his GCE “O’Levels at Millfield School, England in 1977. In 1980, he was accepted at the American College of Switzerland, where he graduated in 1985 with a Bachelor of Science (Hons) Degree in Business Administration.

Abimbola commenced his professional career in banking as a Credit Analyst with Chase Merchant Bank, Nigeria where he served meritoriously under the pupilage of late Mr. Tayo Aderinokun, the Co-founder and former managing Director of Guaranty Trust Bank Plc. After this, Abimbola qualified as a Solicitor after attending the University of Buckingham School of Law in 1987, and was called to the Nigerian Bar in 1990. He joined the prestigious and renowned Law Firm of Chris Ogunbanjo & Co. where he grew through the ranks to close out as the Firm’s Managing Partner. He had vast knowledge of and experience in commercial law, especially of the Capital and Financial Markets, and Corporate Mergers and acquisitions. Abimbola Ogunbanjo attended the New York Institute of Finance, where he obtained a Certificate in International Capital Markets. He has garnered considerable Corporate Finance transactional experience working with public and private institutions, this included rendering advice to a host of multinational corporations.

Abimbola acted as Counsel to ConocoPhillips in the $1.5bn landmark transaction where it sold ts oil assets to Oando Exploration Resources. In addition, he acted for the Nigerian National etroleum Corporation in the establishment of the $5bn Brass LNG project.

In September 2017, Abimbola was elected the 19th President of the Council of the Nigerian Stock Exchange having served on the Council for the prior 5 years; and chairing the Demutualization Advisory Committee and the Governance and Renumeration Committee respectively. It is to Abimbola’s credit that it was under his tenure and diligent supervision as President of the Exchange that the members of the Exchange voted unanimously in favour of its demutualization, after over 15 years of trying. After a name change, he was elected as the inaugural Chairman of the Nigerian Exchange Group in 2020; he retired from the Board after his statutory tenure expired in September 2022.

He was a governing council member and the Legal Adviser of the Nigerian Chamber of Shipping where he provided pro bono legal advice. Abimbola was recently the Vice- Chairman of the Commercial Law and Taxation Committee of the Lagos Chamber of Commerce and Industry as well as Country Legal Adviser and Director of ConocoPhillips and AIICO Insurance Plc – a subsidiary of the Insurance giant AIG, the US Insurance behemoth.

Abimbola was a member of several professional advocacy bodies including the Institute of Petroleum (U.K.), the International Bar Association and the International Trademark Association. As a result of his deep understanding of the corporate landscape, he sat on the Boards and Chairs several blue-chip companies including Beta Glass Plc, V&O Communications Ltd. and Investment Securities Ltd. He was recently invited to chair the Board of the largest quarry company in Nigeria. Abimbola’s enduring relationships with leading C-Suite executives in Nigeria and throughout the African continent made him a highly sought-after adviser and international negotiator.

On 11th October 2022, the President of the Federal Republic of Nigeria, His Excellency, Muhammadu Buhari, GCFR conferred the National Honour of Officer of the Order of the Federal Republic (OFR), on Abimbola Ogunbanjo for his sterling contributions to the development of the Capital Markets, Corporate Law and in recognition of his outstanding virtues and in appreciation of his services to Nigeria. Abimbola was decorated with the traditional title of “Bamofin of Erunwon” part of the Ijebu Kingdom.Bamofin Abimbola Ogunbanjo was a Member of the Metropolitan Club, Lagos; the Oriental Club (U.K.) and the Lagos Motor Boat Club – where he had the honour of serving as its Commodore. He was a Director of The Chris Ogunbanjo Foundation, a Not- for- Profit Organization established by his father and distinguished Igbobian, Olotu Chief (Dr.) Christopher Oladipo Ogunbanjo OFR, CON. The Chris Ogunbanjo Foundation was set up to promote the achievement of a stable society by analyzing the causes of conflicts and resolution of the same. He was happily married to Titi Ogunbanjo (nee Kuku), and blessed with two children; Ladun and Timi.

PERSONALITIES PAY TRIBUTES TO LATE OGUNBANJO 

So far, a torrent of tributes has poured in and continues to pour in from prominent Nigerians before, during and after the funeral service of the fiscal policy expert, who died in the helicopter.

The Governor of Ogun State, Mr. Dapo Abiodun, who was among the special dignitaries that graced the event, described the late Ogunbanjo as a dependable and loyal associate who led a life of impact.

The governor, while speaking at the funeral service held at the Church of Nativity, Parkview Estate, Ikoyi, Lagos, urged the deceased’s family to hold on to God.

According to him, only God knows why He called him home at this period.

“Our God is a God of different seasons and only him knows why he allowed this sudden and painful event to happen. This is a painful event to us, but it’s for us to know we are travelers on earth.

“Bimbo was intentional about the things he did, he was a good, loyal, dependable associate and consistent friend to me. He was a mentor and had an infectious deep smile on his face as he lived a life of impact.

“If tears could bring back the dead, Bimbo will be here today; if God calls you home today what will be said of you?” he asked.

OUR HEARTS ARE SHATTERED – 

Abimbola
How did we get here!!!!!
My heart is shattered!!!!!
Didn’t even know you were out of the country.
Bimbo it’s all sooo surreal
No one will call me Lapsy like you use to !!!!
My heart is bleeding.
How do I eulogise you when your story is still being written ? You are meant to be here,you had so many plans.
Egbon you were only at the beginning ki lo se Le?????
How can life be so cruel? It just didn’t seem like it was your time yet.
I have so many questions but who will answer them?
Craigo you were a good man, a fineeeeee gentleman, a solid achiever, a kind hearted soul.(can’t believe I’m writing in the past tense)
There are so many wonderful things I can say about you.
You were smart, hard-working, responsible, funny and determined.
You were the glue in the family and would always scold me not to hold grudges. You hated strife,
and continually advocated peace and unity. You were full of divine wisdom.
On the day the news broke Timi was completely crushed and kept saying “it’s not fair”…..I must say
I feel the same way.. Father in Heaven you could have averted this …..I just submit to God’s will.
Who are we to question God.
Bimbo you were a special breed. One of a kind! I’ll miss seeing you turned out in your dapper outfits. You loved your pink shirts , pink trousers that I use to tease you about.
You were the fashionista per excellence!!
I will miss our banters, your smiles and jokes. Never a dull moment with you.
“Chairman of the chop life gang” I use to call you. You were accustomed to the finer things of life. “Igbadu”master My dear Egbon, you were an unusual mix. Never used your Pedigree as a source of influence.
You cut across different classes, ages and cultures. If we took you to Buckingham place you would fit in like a glove, just as you would if you were taken to the interiors of our rural villages. No airs or graces, you were humble, down-to-earth, no fuss and no pretences.
Why, why, why, did you have to go , I keep asking myself …. especially at a time when things were really looking up for you, you had so many plans … that was just about to start unfolding.
My daddy Ladun hmmmmm ko yemi o!!!
This was not the plan!!!! I keep praying it’s a bad dream and I’ll wake up.
You were not just a brother you were a friend.
In your short sojourn in this earthly world you amassed incredible and laudable achievements. I guess it’s not how long but how well.. you came, you saw and conquered. You ran a good race.
You left indelible marks in the sands of time.
I am so proud of you my dear brother.
Your friendship and absence will be greatly missed.
Titi is completely broken and shattered, Ladun and Timi inconsolable !!! I pray the Almighty God will console, keep and nurture your beautiful wife and lovely children till the end.
They will fulfil their destinies in the name of Jesus.
I am comforted that you are in a better place resting in the bosom of our dear Father.
ABIMBOLA, Craigo, baba legba, meron, daddy Ladun … you live on in our hearts and minds. We will miss you and family reunions will never quite be the same without you.
Goodnight Bims
Love you deep
Lape Adebayo

A MAN OF IMMEASURABLE JOY AND PEACE

There can be no better tribute from me to Otunba, Bamofin, than to commend his memory to parts unknown, and to those who do not know, and eulogize him in his native tongue as “Aburo bi egbon” – Amoye, Ojogbon, Omoluabi, Olola,Eniayo, Eni’re, Ayanfe Oluwa, Akanda eda… Each name carrying the weight of its true meaning to the well tutored as he. A man of immeasurable joy and peace, appeared as a star, lived with a heart of innocence, and departed with a bang so loud, we could hear here from 7,777 miles away, the sound of the rushing wind of God’s Holy Spirit carrying him away, as Elijah, laid on the wings of angels of God, singing welcome to the pilgrim of that night. From the depths of love to the height of peace, Otunba lived a life of contentment, with the caution of a legend, and quiet of a grand master, who boasts not in his achievements but credits all his laurels to the grace of God, He served. The Almighty, All Knowing, with His Son, Most Wise, endowed Bamofin with counsel and wisdom from the womb. So, as Proverbs 8:12– 21 says, prudence dwelt with him, and knowledge and discretion came from him; enduring riches and honor were with him; his fruit was better than gold; he traversed the way of righteousness; and in the midst of his path of justice, he caused many to inherit wealth.

Such was the time of Otunba: quietly redefining the law firm that established corporate law practice in Nigeria; giving back to worthy causes at home and at abroad; and like his famous father, becoming himself a corporate guru; and by dint of his hardwork and excellence, rising to the enviable position of being the Group Chairman of the Nigerian Exchange Group Plc. Here we must sing his praise for the many monuments he left behind – chief of which will be the role he played in the transformation of our capital market – leaving, as it is said, an indelible mark on the country’s financial landscape. No wonder he was preferred as an officer of the federal republic, and a distinguished awardee of his alma mater: Igbobi College, Yaba. Abimbola did not, as the scriptures say, grow weary while doing good, nor did he lose heart in seasons of disappointment – so the Lord filled his treasury with pleasure, and now by the same measure, he is now God’s treasure.
Konyin Ajayi

YOU WILL ALWAYS BE REMEMBERED FOR GOOD

Uncle Bims!!! This is so unbelievable, I have never been impacted by death like this, I can’t imagine the family without you in it.
So many ifs, so many why’s? All I know is that this one is hard to write. I remember my last joke with you about the picture you sent to me in January….

You will always be remembered for good…I made requests for referrals from you. It was never a hard thing for you to do. I got the emails immediately, My niece keji Odeyemi would like…. Good men never die….you came, you saw, you impacted.
Rest in perfect peace, Uncle Bims!!!!
Keji Odeyemi

YOU HAVE TOUCHED COUNTLESS LIVES 

I can never deny the pain that I carry, but I would like us to remember him as a blessing and a lesson.

Abimbola my dearest brother, How do I write this tribute to you. How words fail me Bims, This is such a tragic loss, How do I say RIPP to you my brother, am still in shock, you left us too soon!

May you be safe in heaven now. Sometimes, only one person is missing, and the world seems depopulated. There’s no buddy like you. I wish R.I.P. meant Return If Possible. I miss you, my brother. Not a day goes by that I don’t think of you., I miss you so much, Bims. Losing you, is so bad. I will remember you always for your great charm and wit-I look up to the sky and talk to you. What wouldn’t I give to hear your voice again. I miss your voice. I miss your laugh, and I miss everything about you. Kai Bimbo, ELEYI DUN MI O!!! You will always be in my heart and on my mind. I promise to always look out for Titi, Ladun and Rotimi. Without you, it’s almost like the whole world has changed. You are in my thoughts daily and always in my heart, my brother.

You were a special person.! I miss you terribly! You are alive through my prayers and wishes, so rest peacefully, my brother. You have touched countless lives and lived through your good deeds.
SUN RE O, EGBON MI ATATA,
SUN RE BAMOFIN
ABIMBOLA OLUROTIMI
OGUNBANJO….
Love & Miss You
Omoba Adeolayimika Benson

YOU WERE THROUGH AND THROUGH A FAMILY MAN 

My dear Uncle B, thank you for all that you were. I will miss you, dearly. I will cherish all our moments of gisting and gisting. Thank you for being that uncle I could always count on. I thank you for the home you built. You were through and through a family man. Always there for everyone and at every occasion. I will hold dear all our fun memories. Thank you for living a good life and finishing strong. Good night, Uncle Bimbola.
Bunmi Idowu

MAY GOD GRANT YOU ETERNAL REST

How could I have known that our conversation on that fateful day in December would be the last……
Words fail me!
Uncle Abimbola, you were larger than life. A devoted family man, loving brother-in-law, an exemplary achiever we were all proud to call our own.
You live forever in our hearts, unforgettable, irreplaceable!
May God grant you eternal rest in His bosom.
Sleep well brother!
Sola Kuku

SLEEP WELL

Dear Bimbostic, as you would always call me Enostic. You would be deeply missed . Sleep well in the bosom of the Lord.
Eno Udoh

YOUR LIGHT WILL NEVER DIM

In loving memory of egbon Abimbola (Abi) Ogunbanjo, a beacon of wisdom and leadership. I first crossed paths with him during his tenure as Commodore of the Lagos Motor Club, where he exuded grace and passion for community. However, it was during his time as President of the Council at the Nigerian Stock Exchange that I truly came to know him.

During his visit to Chicago with senior management and the Council of the Nigerian Stock Exchange to study the operations of the CBOE and CME, I had the honor of hosting a reception for leading business figures keen on learning about the Nigerian capital market. Abi’s instrumental role ensured great attendance and participation, laying a solid foundation for my transition into the financial services industry in the States after working in Nigeria.

Despite his demanding schedule, Abi always made time for his aburos. I cherish the memories of our dinners in London, New York, Atlanta, Chicago, and Lagos, where amidst his busy schedule, he shared wisdom, laughter, and camaraderie. These moments were a testament to Abi’s character, showcasing his genuine care and commitment to nurturing the next generation of leaders.

Abi’s impact on my professional journey was profound. He not only provided guidance but also opened doors to new opportunities. One such pivotal moment was when he introduced me to the Nigerian American Business Forum held in Tampa. Through his introduction, I forged invaluable connections.

Although he was extremely accomplished, Abi remained remarkably humble. His humility was a testament to his character, serving as a guiding light for all who knew him. Though he may have left this world too soon, his spirit of leadership, humility, and generosity will forever resonate in our hearts.

Rest in perfect peace sir. Your light will never dim
Ayodeji Ayodele

REST IN PERFECT PEACE

Uncle B aka AO, Words fail me. I miss you and I love you so much.
Forever in my heart.
Rest in perfect peace.
Love always,
Your darling niece Funke “A Funkysho”
Funke Shonekan

THANK YOU FOR BEING AN INCREDIBLY GREAT BOSS

It’s still very difficult to grasp that you are gone my Group Chairman… Otunba. This is an awfully hard pill to swallow. I worked closely with you as the Group Chairman at the Nigeria Exchange (NGX). You would always reach out to me to task me with something. Each time I was elated to take on this task to ensure you were pleased. I remember deliberately not wanting to tell you or Sis Titi that I had interviewed for the job and had been offered the job. I wanted it to be a surprise to everyone.

I recall my onboarding as the Head of Government Relations at NGX when I had just joined the exchange. I had a virtual meeting with you and my CEO of NGX limited. You cracked me up so hard when the meeting commenced. Thankfully I could mute my mic and cackle. You started by saying “Good morning Chalya. I’ve heard so much about you…” I called Sis Titi soon after the meeting saying “uncle Bimbo denied me today.” She explained and we had a laugh.

Thank you for being an incredibly great boss and an awesome egbon. I pray that the Good Lord continues to comfort and strengthen Sis Titi, Ladun and Timi. And indeed the entire family.
Farewell Otunba.
Highest regards always,
Chalya Shagaya
Director General
NIAMS

YOUR SPIRIT WILL CONTINUE TO BRIGHTEN OUR LIVES 

Uncle Bimbola, your fun-loving spirit brought light to every gathering. You had a remarkable ability to infuse every moment with joy, whether it was through your playful behaviour or your willingness to lend a listening ear.

You were always ready to offer a helping hand or a word of encouragement to those in need. Your legacy of love and laughter will forever echo in our hearts, a reminder to cherish each moment and spread kindness wherever we go.

I’m glad for the opportunity I had to interact with you. I keep having flashbacks of all the times we spoke while I was managing your account with the bank I was working then.
Farewell, dear uncle, your spirit will continue to brighten our lives in ways both big and small.
Rest in peace, your memory will live on in our hearts forever.
Oladunni Arije

A BRIDGE BUILDER ACROSS CLASS AND DIVISION 

Salam. With total submission to the Will of Almighty God, the Gentle giant departs . Abimbola Ogunbanjo . I am really struggling to say anymore . In between the imagination of the event that took you away or coming to terms with the reality of it . Events like this remind us that we are more than the flesh, and the spirituality of man is real . You were special in every sense of the human definition . Relationships of every kind meant a lot to you and handled them admirably.

You were regularly in touch with people in various ways, consciously and cautiously. Ever so proud and protective of the great name you inherited and the determination to build on it. You carried yourself with dignity at all times and remained a pillar in the Ogunbanjo family as a whole and asserted yourself therein as a reference point throughout. A bridge builder you were across class and division. You made current affairs and the trend of the Nigerian economy/ political challenges your concern. You bring them up for scrutiny, almost on a daily basis. Now. What can we offer beyond our prayers , consolation, or possible support. Only God can heal the wounds of your exit, particularly on your dear loving wife, children, brothers, and sisters and extended family all the way to Eruwon and far beyond. May the kindness and mercy of Almighty God never depart from all you have left behind May Almighty Allah bless you with Aljanah firdaus eternally. Ameen
bijaikun fayakun.

Adesegun Muhammed Muru’f Ajibola

If Bimbo’s friends were asked to describe him, there would undoubtedly be a convergence of adjectives that speak to his sincerity, reliability, consistency and generosity of spirit. His ever readiness to dispense frank and wise counsel was an additional hallmark and his hearty laugh was endearing. He will be greatly missed. May Bimbo’s soul rest in perfect peace and may God comfort and encourage Titi, their children, their entire family and the many lives he touched. Amen.

Victor Olusegun Adeniji

There are special people in our lives who never leave us, even after they are gone. Bimbo rest where the Lord has prepared for you. You are in a better place in Paradise, to rise in glory. May your gentle soul rest in perfect peace. Amen.

Mrs Irene Ladebo

Great Bimbo, forever the affable character. Bimbo was a few years ahead of me at Millfield School. He told me that our attending the same school made us brothers for life. I am sure that most of us will attest to the fact that Bimbo was big on his old-boy networks. He never failed to invite me to anything he was doing, or an old boy network function. My lasting memory of Bimbo was him puffing on a very big cigar during his marriage ceremony to his beautiful wife, Titi. That was the only time I traveled to Ijebu Ode. At the Met Club we sat on the same table, whilst at the Boat Club we served in the same committee. He always had a word of wisdom on issues. Typical Bimbo for you, larger than life. He will surely be missed. May his gentle soul rest in perfect peace.

Hewett Benson

Dear Bimbo,

The news of your passing has left a void in so many hearts—a space that can never be filled. You were more than a friend; a confidante to so many people. You touched so many lives.

Your absence leaves a silence—a quiet ache that reminds us of the precious gift of friendship. But even as we mourn and we prepare to say Goodbye, It is not the end. It simply means till we meet again.

We celebrate the impact you had on so many lives. The warmth of your smile, your wisdom and your gentle calm nature. The world may have lost an incredible soul, but heaven has gained an Angel.
We pray that you Wife, Children and Family take comfort from all the testaments to your qualities, the life you led and the number of lives you touched along your journey on earth.

We, your friends, will continue to honor your legacy by spreading kindness, laughter, and love.

With heartfelt sincere condolences,

Ade & Sumbo Odunsi

In life one often meets and walks the path with Titans who though themselves may not have been on a journey to disrupt end up doing just that. Craig was to me one of such persons. His professional life saw him rise through the capital market of Nigeria to become the President of the Nigeria Stock Exchange and later earn the right to be the Chairman of what is now the NGX. What a feat!

I had the pleasure of serving under him on the Committee of the Lagos Motor Boat Club where he served as Commodore. There I witnessed the dexterity with which he handled controversial issues which often plague private clubs that have members with huge and unforgiving egos. Craig was always at his best marshalling principles of fair hearing and differing opinions but maintaining a stern and decisive leadership.
I had the privilege and now treasure having had what could be described as a last supper with him, when on the 6th of February just before he travelled he had requested I join him at the Metropolitan Club to have lunch with a Deji Adeogun-Phillips in support of his application for membership. I had initially turned down the invite as I had a previous engagement to travel but once that was postponed, I hurriedly joined him and Deji. Speaking in fluent Yoruba as he often did he warned that things must be done speedily, as he would go away soon. He was his ‘natural Craig self’, as we spoke at lunch with him throwing jabs of Yoruba proverbs and words which I would then ask him the meaning in English.

Service to community, friends and family is one of the greatest achievements in life and Craig achieved and surpassed all of these with perfect dedication. For that I say his journey was purposeful.

I am certain Heaven’s Angels shall receive him with all the glory and song that befits such a lovely soul… and as a fellow Seaman, I pray, “May the waves of the seas lie smooth before you, may a gentle breeze forever fill your sails, may sunshine warm your face; and kindness warm your soul’’.

Afolabi Balogun

I was about to board my flight from Doha to Lagos when I heard the devastating news. It was the most anxious and gruelling flight I ever embarked on.

My dearest Egbon, Ever since meeting you approximately age 7 in London when you came to visit my brother Femi at 50 Bryanston square, in your dark brown leather trousers, flowing silk shirt and gold medallion, you always remained a constant in my life.

To now refer to you in the past tense is ever so calamitous. I ask myself, with your demise where shall I now seek structured, measured, pragmatic analytical advice? You were habitually solution driven, always carefully and diligently seeking the answer to the problem at hand.

I will miss your spirit of optimism and that infectious positive energy that you were able to so effortlessly transmit to your fellow man.

I will miss our constant banter , your jovial presence , your laughter and your persistent attempts to cheat in order for your team to emerge victorious at our annual family games nights.

I had always envisaged that you would grow old with a cane at hand, serving out wisdom to those in need , beginning your sentence with your trademark “hmmmmmm….Shomo” but alas heaven beckoned and called upon your counsel.

My dearest Egbon I will miss you ever so much, the pain is real and too much to bear.
Till we meet again . Rest in perfect peace.
One love always

Abi Kuku

My dearest Egbon, Bimbo.

It still remains a complete shock that you’re gone! I never could have phantom that with all the banter we had seated together during the Ògbéni Ọja Installation Festivities held Feb 3rd 2024, that it would be the last seeing or talking to you. Since you passed, I have had time to severally revisit our posts, messages and discussions we shared together which were of poignant interest. Those sessions are no more!

You were a complete Gentleman, a loving Kinsman and a kind brother to me. You stood by me during my maternal Grandmother’s funeral in 2007, likewise my Mother in 2022. Your Dad’s birthday never passed without a note from you to me seeking I please witness the day with you at Papa’s Ikoyi home. You were indeed a good Man!!!

Though you’ve left us, our memories of you and legacies you left behind will linger on and never be forgotten. May the Lord grant you eternal rest and guide, protect all the loved ones you left behind.
Sun re o. Egbon mi to sure.

‘Folu Aderibigbe

Bimbo dear, it is hard to believe that you are gone, in the twinkle of an eye. The world is devoid without your infectious smile and wicked sense of humor. No more Tutsie roll my nickname from you. I am forever grateful for knowing you.

I pray that Titi, Ladun, and Timi will continue to abide in our Lords graces.
Bye to my dear friend and brother
Tutu

 

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How Governor Fubara Got Trapped

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By Eric Elezuo

“On his part, the Executive Governor of Rivers State, Siminialayi Fubara, who has the mandate of the people of Rivers State to govern them for the next four years, has shown feebleness of character, by agreeing and appending his signature on a document containing such absurdity.

“He has betrayed the people who elected him as Governor and those who stood behind him in this cause. Mr Fubara has shown naivety in his actions; by signing that document, he has signed his death warrant, believing that the President will show him some sort of favours. Mr. Fubara’s mandate is Constitutional and so, he cannot surrender it in the face of intimidation from any quarter. And it is quite unfortunate. Did he go to that meeting to speak and justify his actions, or he went there to take directives from an equally elected President?

“As Governor of a State and as the Chief Security Officer of the State, he has shown tremendous lack of courage and competence. It will be in his best interest to resign if he cannot govern the State as constitutionally provided, or he may as well decamp and join APC, and be taking directives from Nyesom Wike and President Tinubu on the governance and leadership of the State,” – Chief Edwin Clark

This is not the best times for the Governor of Rivers State, Siminialayi Fubara, as he continues to battle for his political life even as he remained the constitutionally elected number one citizen of the state.

In the light of the above, the governor of Osun State, Ademola Adeleke, was recently quoted as describing Fubara as being in government but not in power.

Fubara’s travails started barely five months into his administration, when he reported fell out with his godfather and political benefactor, Nyesom Wike, the immediate past Governor of the state, and currently the Minister of the Federal Capital Territory. By October 2023, all hell was already let lose in the oil rich state.

Observers have said that Fubara’s refusal to be continually humiliated and have his executive authority undermined drew the irk of Wike. Consequently, a plot was hatched to impeach the governor with the majority of the members of the House of Assembly, who have unequivocally pledged loyalty to Wike. And so, Fubara’s political battle ensued.

The governor, according sources, was unperturbed as he had a majority of Rivers people behind him.

“Much as the elites of the state, who had had one form of connection or allegiance with Wike, were backing the FCT Minister, the man on the street stood solidly behind Fubara. And so, when the impeachment plot was noise about, the Rivers people came out enmasse, and quashed the attempt.

Fubara had vowed that he will resist any unjustified impeachment attempt against his government.

The remarks came on the heels of the crises that engulf the state when rumors of impeachment of the governor began to make the rounds.

Addressing a crowd of supporters at the government house, Fubara narrated how he was ‘shot at’ by OC operations on his way to ascertain the extent of damage resulting from a Sunday night fire incident at the Assembly complex.

“If I am impeached, I will not be the first person nor the last one. But any attempt that is not justified will be resisted,” the governor vowed.

But he was later to be ambushed, trapped and subjected to sign an eight point agenda, presented by the president and the men of Wike. Not a point of the agenda was to his advantage, stakeholders have reasoned.

They also reasoned that by his act, he had frustrated the backings given to him by the Rivers people and notable stakeholders like Chief Edwin Clark and Chief Ayo Adebanjo among many other men and women, who have stuck out their necks to protect both the constitution and democracy at play in the state.

However, the political crisis in the State, suddenly assumed a new dimension as President Bola Tinubu is accused of flagrantly desecrating the same provisions of the Constitution of the Federal Republic of Nigeria, which he swore to protect. His actions through the peace meeting he supposedly brokered, was dismissed by not a few Nigerians as extra constitutional, and without respect for the law of the land.

BACKGROUND OF THE CRISES

The crisis, which erupted as a result of the perceived desire of the former Governor of State, who is now the Minister of the Federal Capital Territory (FCT), Nyesom Wike, to control the mechanism of the state government to the detriment of the incumbent governor, Siminialayi Fubara, witnessed the massive decamping of 27 lawmakers to the All Progressives Congress (APC) from the Peoples Democratic Party (PDP), and resignation of nine commissioners, including the Attorney-General and Commissioner for Justice.

The long list of commotion, and the bid to stop the lawmakers loyal to Wike from possible impeachment of the governor, Fubara hastily demolished the State House of Assembly Complex, and in its wake obtained a court order, preventing the sitting of the decamped lawmakers at any place.

TINUBU’S INTERVENTION AND THE EIGHT POINT COMMUNIQUE

But the president, seeking to restore peace, invited the contending duo to Abuja for settlement. Reports say that while the loyalist of Wike were represented in their numbers, only Fubara attended from his own camp, leaving his people out of the negotiation. Fubara, according sources, was at this point trapped.

An eight Communique was subsequently drawn and signed to after the the meeting. The terms of settlement as recorded in the document, were dismissed as one-sided, and counterproductive both to Governor Fubara and the constitution of the Federal Republic of Nigeria. This therefore, begs the question as to the reason behind Tinubu’s desire to jettison the constitution, replacing it with his own drafted resolutions.

Reacting, Elder statesman and Leader of the Ijaw Ethnic Nationality, Chief Edwin Kiagbodo Clark, expressed disgust at the 8 point Communique released after the meeting.

The elder statesman, who could not hold his anger, while addressing the media, said they will resist any of such draconic, arbitrary and unconstitutional action of the president and Wike.

Clark accused the president of being bias, resolving the matter to the benefit of the loyalists of Wike, and leaving Fubara to hang in the wing.

He said, “However, the terms of settlement as contained in the Communique issued at the end of the reconciliatory meeting is what is baffling, appalling and unacceptable to the people, especially, the Ijaw ethnic nationality. From the terms of settlement, it is obvious that President Tinubu sees his role as a mediator, to once again, show gratitude to the current Minister of the Federal Capital Territory (FCT), for “delivering” Rivers State to him during the past Presidential elections, having first of gratified him by making him the Minister of FCT.
First Observation:
The composition of the attendees of the meeting was one sided in favour of Nyesome Wike, the Minister of the Federal Capital Territory (FCT), because while Martins Amaewhule, a former Speaker, (because he has automatically lost his seat the very moment he decamped to another political party), was present at the meeting, it would have only been equitable and expedient, for Edison Ehie, the Speaker as affirmed by constitutional provisions and by the granting of the court, to be in the meeting, if there were sincerity of purpose.

The 8 resolutions reached, are the most unconstitutional, absurd and obnoxious resolutions at settling feuding parties that I have ever witnessed in my life. As a matter of fact, some medias captured it very well when they described it as Directives. And for the fact that such thing was done at the Villa, the seat of the Federal Government of Nigeria, is sacrilegious, because any place housing or is a custodian of symbol of authority, ought to be sacred.

It is obvious that Governor Siminialayi Fubara was ambushed and intimidated into submission. President Tinubu should know that with all the powers he possesses, he cannot override the Constitution. From all that transpired at the meeting, the laws of the land have not been obeyed. President Tinubu simply sat over a meeting where the Constitution, which is the fulcrum of his office as President and which he swore to uphold and abide by, was truncated and desecrated.

27 or so members (because the figure is not certain), of the Rivers State House of Assembly left the political party on which platform they were elected. The Constitution of the Federal Republic of Nigeria is very clear on that. Section 109 is quite clear on that and it says:
A member of a House of Assembly shall vacate his seat in the House if
Being a person whose election to the House of Assembly was sponsored by a political party, he becomes a member of another political party before the expiration of the period for which that House was elected:
Provided that his membership of the later political party is not as a result of a division in the political party of which he was previously a member or of a merger of two or more political parties or factions by one of which he was previously sponsored;
The Speaker of the House of Assembly shall give effect to subsection (1) of this section, so however that the Speaker or a member shall first present evidence satisfactory to the House that any of the provisions of that subsection has become applicable in respect of the member.

“Nyesom Wike is quite abreast of these constitutional provisions. He shouted his voice hoarse calling for the removal of persons like David Umahi as Governor of Ebonyi State, Ben Ayade as Governor of Cross River State and Bello Matawalle as Governor of Zamafara State, when they decamped from the PDP on which platform they were elected into office, to the APC, citing the above constitutional provisions. What has changed?

“A Court of competent jurisdiction has pronounced Edison Ehie as the Speaker of the Rivers State House of Assembly. That Ruling has not been vacated, and based on that he exercised the duties conferred on him by Section 109 (2) as quoted above, when the 27 or so members openly defected to APC, waving the flags of the party and singing President Tinubu’s campaign songs, from the Peoples’ Democratic Party (PDP). As at today and going by the Constitution, the Rivers State House of Assembly has four members who are recognised by the laws of the land Therefore, on what premise is Mr. President saying that the 27 decamped members should go back to the House? Under what political party, the PDP or the APC. The directives of Mr. President is absurd and cannot hold water. Mr. President should be aware that Siminialayi Fubara, today, is the elected Governor of Rivers State in the same manner Bola Ahmed Tinubu is the elected President of the country. And as a Governor, Mr. Fubara possesses all the powers as conferred on him by the Constitution.
2. Re-Submission of the names of Commissioners who have resigned their Appointments:
Another “directive” of Mr. President that the names of the Commissioners who were nominated by Nyesom Wike and who resigned on their own volition, and who have lost their trust in Governor Fubara, should be represented to the Rivers State House of Assembly for clearance to become Commissioners again, is ridiculous. Who is nominating them to become Commissioners again? Is it Mr. President? Was Mr. President thinking that he was mediating in a matter between Nyesom Wike and employees in Nyesom Wike’s private company? Is it what Nyesom Wike means when he talks about “structure”, referring to Rivers State as his personal holdings or enterprise?

3. Re-Presentation of a Budget already signed and passed into Law:
Another unthinkable “directive” of Mr. President is that a Budget which has been passed into Law, should be represented. It is absolutely ridiculous and unconstitutional.

“By President Tinubu’s actions and directives, he has overruled the Constitution of the country; he has shaken the foundation of the country’s democracy. People lost their lives fighting for democracy in this country. Today, President Bola Ahmed Tinubu, has made of no effect the blood of the freedom fighters shed to salvage this country. He has thrown the country’s democracy fifty years backwards; this is unacceptable. Rather than building a strong system and society, we are building strong, invidious characters, with our national patrimony through corruption and avarice.

“By the actions of President Bola Ahmed Tinubu, he has really shown his dislike and disdain for the Ijaw people. and confirms his hatred for them. And as the leader of the Ijaws, we will resist it.

“Nyesom Wike is not an emperor. For the eight years he was in power as Governor of the Rivers State, he ruled with an iron fist. As Governor, he will not accept such treatment from anyone, as he is spear heading to be meted out to the current Governor of the State, Siminialayi Fubara. Barr. Wike destroyed his opponent’s houses and even threatened to kill them as cried out by Senator Lee Maiba from Ogoni, and Dr. Abiye Sekibo from Okrika
It is still fresh in our memory, how Nyesom Wike, as Minister of State, Education, used federal might to fight the then Governor of Rivers State, Chibuike Amaechi that almost led to the grinding to a halt of governance in Rivers State when the Judiciary was closed down and the House of Assembly was shut down by the then Governor, Rotimi Chibuike Amaechi. President Jonathan did not interfere in his action because if he did, he will definitely be breaching Section 5(2) of the 1999 Constitution of the Federal republic of Nigeria, which President Tinubu has deliberately breached, despite his oath of office to uphold and promote the Constitution. Nyesom Wike is Minister now, and again, he is using the federal government to truncate the wishes of the people of Rivers State. The rule of law in the country is completely truncated by President Tinubu. While it will be noted that presently, the National Assembly is discussing on the Bill of Local Government Autonomy, President Bola Tinubu is directing Governor Fubara to put into effect, a Bill passed by people who are no longer law makers.

4. The members of the House of Assembly choosing where they will sit to carry out their legislative duties:
It is the duty of the executive to provide legislative accommodation for the Houses of Assembly including the National Assembly, and not the members of the House of Assembly to choose a place to meet. It is in this vein that President Bola Ahmed Tinubu, in presenting his Budget to the National Assembly, recognised the FCT Minister, Nyesome Nwike, as the land lord, because he is of the executive arm of government. It is the FCT that owns the National Assembly complex and maintains it. It is, therefore, ridiculous and unconstitutional for President Tinubu to direct, in his settlement, that the members of the Rivers State House of Assembly, should meet wherever they want to meet.

“We will resist such draconic, arbitrary and unconstitutional action by Mr. President and his customer Nyesom Wike. We will go to court to challenge this so-called one-sided and oppressive action of Mr. President.

Holding that ‘Enough is Enough’, Clark vowed to go court to seek redress on the ambushment of Governor Fubara

Also responding, a former Minister of Work, and two terms governor of Lagos State, Babatunde Fashola, constitutional lawyer, Femi Falana and other prominent lawyers in the country, mostly from the Niger Delta region, came out boldly to condemn the actions of Tinubu, saying his intervention is not required as the constitution doesn’t give room for such.

Meanwhile, a cross section of respondents have faulted the outcomes of the reconciliatory meetings with Tinubu, which they agreed that Fubara ‘erroneously’ signed.

They maintained that while he has fulfilled all the terms of the agreement to his own detriment, the camp of Wike has refused to live up to theirs, and continued to rattle the governor. They further accused Fubara of leaving behind the people who have stood solidly with to unilaterally sign a document that betrayed all the efforts put in place to checkmate godfatherism in the state.

A Rivers elder, who craved anonymity, said that for Fubara to get back on his feet, he needs to get back on the good books of the people.

“The governor must apologize to his people for taking the stand he took; for allowing himself to be armtwisted and trapped in such a manner that 27 already resigned lawmakers are back to their seats and threatening his administration. The same way nine resigned commissioners are also recalled,” he said.

Stakeholders have also berated those governors frolicking around the presidency seeking to curry his favour as men and women without adequate sense of history, saying that they are playing into his hands to interfere in every aspect of their administration including judicial pronouncements. They recall that it is this same Tinubu that stood up against former President Olusegun Obasanjo, and was applauded by Nigerians.

They see it as highly ironical that it is the same Tinubu that is today armtwisting governors to dance to his tune.

It would be recalled that most governors prior to their cases in the Supreme Court were regular visitors at the Aso Rock Villa, and after the judgments, were heard thanking the president for their victory.

“Are they giving the president kudos for what happened in the judiciary? Is the president the judicial officer. Are they not invariably giving the president the power of interference even in court matters. These Governors should think again,” a stakeholder queried.

The way it stands, if Fubara fails to rise to occasion, take his stand and fight for what rightly belongs to him, he will remain a stooge of Wike and his handpicked lawmakers.

The governor, as matter of urgency, must begin to regain the trust of the people, whose concern he jettisoned when he signed Tinubu’s eight point document, for any form of restitution to take take place.

Today, he is trapped in the political quagmire and lockjam, but there may hope in the coming days if he retraces his steps, but would he?

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