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Remembering Prophet TB Joshua (1963 – 2021)
Published
4 months agoon
By
Eric
By Eric Elezuo
The morning of Sunday, June 6, 2021 was particularly shattering for many adherents of the Christian faith, especially those of the Synagogue Church of All Nations (SCOAN). The overseer of the congregation, Prophet Temitope Balogun Joshua, had passed away the night before, June 5, 2021 shortly after presiding over a meeting with Emmanuel TV Partners.
The message that heralded the unbelievable occurrence read:
“Surely the Sovereign LORD does nothing without revealing his plan to his servants the prophets.” – Amos 3:7
“On Saturday 5th June 2021, Prophet TB Joshua spoke during the Emmanuel TV Partners Meeting: “Time for everything – time to come here for prayer and time to return home after the service.”
“God has taken His servant Prophet TB Joshua home – as it should be by divine will. His last moments on earth were spent in the service of God. This is what he was born for, lived for and died for.
“As Prophet TB Joshua says, “The greatest way to use life is to spend it on something that will outlive it”.
“Prophet TB Joshua leaves a legacy of service and sacrifice to God’s Kingdom that is living for generations yet unborn.
“The Synagogue, Church Of All Nations and Emmanuel TV Family appreciate your love, prayers and concern at this time and request a time of privacy for the family.
Here are Prophet TB Joshua’s last words: “Watch and pray.”
“One life for Christ is all we have; one life for Christ is so dear.
The peace of the world was temporarily interrupted as it got ready for a glorious Sunday service. Prophet TB Joshua, the ebullient TV Evangelist, who carved a niche for himself in every area of life including, and especially giving, has died, and just one week to his 58th birthday.
If ever there was a man, other than Jesus Christ, who attracted so much controversy in the course of performing his duties across board, that man is Prophet Temitope Balogun Joshua, popularly known by all and sundry as TB Joshua. He was a man, who waded through popular dislikes, even among members of same profession to become a champion in propagating the Word of God. Among his superlatives was hosting congregants from over 50 nations of the world in a mega crusade in Jesus’ native home, Nazareth, in June 2019
Incidentally born on one of Nigeria’s most important dates, June 12, (1963), TB Joshua was a combination of so many talents ranging from shepherding flocks as a pastor, a prolific televangelist, a die-hard philanthropist and above all, an unrepentant lover of God. He was the leader and founder of The Synagogue, Church of All Nations (SCOAN), a Christian organisation, which he nurtured from scratch to becoming a force to reckon with among religious organisations the world over. The ministry runs the Emmanuel TV television station from Lagos, and is transmitted globally.

For a man whose birth was foretold 100 years earlier, spent extra six months in his mother’s womb as well as escaped death when a quarry explosion near his house sent rocks through its roof just seven days after his birth, according to his official biography, it was obvious that TB Joshua was destined for greatness.
Prophet Joshua, who was known as “small pastor” because of his love for the Bible during his school days, attended St. Stephen’s Anglican Primary School in Arigidi Akoko, from 1971 to 1977. Though he wasn’t opportune to complete one year of secondary school education, he attended evening school, which he combined with casual jobs and teaching of bible lessons. Joshua was destined to work in the Lord’s vineyard, and that explains why his attempt to join the military was thwarted as result of a train breakdown.
It is difficult to believe that Prophet TB Joshua became as popular as he was before death cut his journey short on June 5, 2021 considering the avalanche of persecution he had to endure right from the onset of his ministerial calling. Most of these persecutions, unfortunately were from his colleagues in evangelism and ministration. They accused him of not being genuine, saying his style of ministration is suspicious and fake. It is also on record that most of his critics constantly visit his church discreetly for spiritual assistance. However, the man who was variously described as the ‘Oprah of evangelism’ continued to wax stronger in his God given calling. He was known across Africa, Europe, the Orients and Latin America and had an overwhelming social media presence; 3,500,000 fans on Facebook; over 1,000,000 YouTube subscribers and is the world’s most viewed Christian ministry on the platform before his passing.
TB’s church, simply referred to as The Synagogue, and headquartered at Ikotun, Lagos, Nigeria, has remained a Mecca/meeting point of some sort for as many that require one solution or another to life issues. In fact, testimonies abound of what God was using him to do in his life time. The church is said to attract more “weekly attendees than the combined number of visitors to Buckingham Palace and the Tower of London.” Not only that, it also provides popular services which have resulted in an enormous boost for local businesses and hoteliers. He constantly helped Nigeria derive foreign revenue due to the influx of worshippers year in and year out. The church is practically “Nigeria’s biggest tourist attraction”. It is surprising to note therefore, that until his death, the ‘Man of God’ had only one branch of the church, located in Ghana.
Apart from ordinary people whose testimonies of healing and turnaround cannot be readily overemphasized, notable personalities cutting across celebrities, politicians, football stars among others found one form of succour or another after visiting the late Prophet.
Among celebrity visitations to The Synagogue were the wife of Ghanaian goal keeper, Richard Kingson, notable Ghanaian human rights lawyer, Kwabla Senanu, Ghanaian musician, Denise Williams, veteran Nigerian Nollywood Actress, Camilla Mberekpe, Jim Iyke, Kanu Nwankwo, Kenyan Olympic athlete, Mercy Cherono, Hamza Al-Mustapha among others. It was also known that politicians seeking public offices also make the place their home.
Many have said that Prophet Joshua was travelling shy, but he visited many places in his efforts to spread the gospel of Jesus Christ and dished out philanthropic gestures. Among such places include Colombia, Mexico, Peru, Paraguay, London, Korea and others where he held powerful soul winning and vision impacting crusades.
His giving ability was legendary, and he was involved in extensive humanitarian projects worldwide, using The Synagogue. He was once said to have spent an estimated $20 million on charitable activities. His giving cuts across orphans, widows, elderly, physically challenged and destitute. There is also a rehabilitation programme for militants from Nigeria’s volatile Niger Delta region, repentant armed robbers and sex workers who came to the church for ‘deliverance’.
Humble to the core, he was known to join his team in most of the humanitarian journeys they undertook to less-privileged communities. Again, his June 12 birthday was celebrated by assisting less-privileged individuals in their societies by his large followers, every year.
TB Joshua and SCOAN contributed immensely to communities and individuals from within and outside Nigeria. In 2010 when the Haiti earthquake occurred, Joshua sent a team of medical personnel and humanitarian workers to the affected area, establishing a field hospital called ‘Clinique Emmanuel’.
Also in 2016, he provided over $500,000 worth of humanitarian aid to victims of earthquake in Ecuador. He additionally sent support to nations such as Philippines, India and Ghana in the wake of varying natural disasters. He was also a key supporter of sports, and is credited with discovering the duo of Sani Emmanuel and Ogenyi Onazi from his club, My Peoples FC.
He was at a time voted as among the most famous prophets. Joshua made prophesies that came to pass just as he said them. An isolated case was the Malaysian Airlines MH370 event in 2014.
Prophet Joshua’s exploits in ministration and care of the needy have not gone unnoticed. He received the Officer of the Order of the Federal Republic (OFR) by the Nigerian government in 2008 and was voted the Yoruba man of the decade by Pan-Yoruba media outlet, Irohin-Odua. He had been called one of Africa’s 50 most influential people by Pan-African magazines, The Africa Report and New African Magazine.
Forbes, in 2011, reported that Prophet Joshua was Nigeria’s third-richest pastor, although the church denied the claim.
Prophet Joshua was married to Evelyn Joshua, and they are blessed with three children among whom are Serah and Promise. A prophetess, Evelyn is today the general overseer of SCOAN, stepping into the big shoes left by the Prophet.
While many saw him as controversial, the Prophet continued to wax stronger in the service of God and humanity. It’s two years since his death, yet his legacies remained evergreen. Even in death, his name continues to draw followers and philanthropic
May his soul continue to enjoy eternal!
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Mike Adenuga Does It Again! Names Asake, Kizz Daniel, Chike As Brand Ambassadors
Published
14 hours agoon
September 30, 2023By
Eric
By Eric Elezuo
Chairman Globacom Group, Chief Mike Adenuga has once again proved that the description ascribed to him as the most generous Nigerian alive, is no fluke. In fact if philanthropy was a person, his name would be Chief (Dr.) Mike Adenuga. This is a man, who gives ceaselessly, and is unequivocally an angel of mercy, to whom giving and lifting others are excellent means he proves that grace abounds.
In adding more feathers to his cap of generosity, the selfless giver, has again through his global brand, Globacom, added three more Nigerian entertainers as brand ambassadors to a long list of ambassadors attached to the group.
They are Ahmed Ololade a.k.a Asake; Oluwatobiloba Anidugbe Daniel popularly known as Kizz Daniel and Chike Ezekpeazu Osebuka.

A statement released by the organisation, reads as follows:
“Total telecommunications solutions provider, Globacom, on Friday explained that it appointed the trio of Ahmed Ololade, a.k.a Asake; Oluwatobiloba Anidugbe Daniel popularly known as Kizz Daniel and Chike Ezekpeazu Osebuka as ambassadors
“Asake, a graduate of Theatre Arts from the prestigious Obafemi Awolowo University, Ile Ife, Osun State; Kizz Daniel, a degree in Water Engineering from the Federal University of Agriculture, Abeokuta, Ogun State and Chike, a Computer Engineering graduate of Covenant University, Ota, Ogun State were signed to the Glo family at the Mike Adenuga Towers, Victoria Island head office of the telecommunications giant.
“Globacom noted that the announcement of the three brand ambassadors was part of its celebration of the 20th anniversary of Glo and added that it appointed the new ambassadors. “to project the power of youth and enterprise and how much they can achieve with the right focus, passion and dedication that can come from seeing others who have succeeded. This is very much part of our tradition as we believe the strength of a nation lies in the ability and potentials of its youth”.
“The engagement of these three stars as ambassadors “is meant to project the best Nigerians as models for younger people who are tirelessly aspiring to succeed. This is more important in an era where positive heroes and mentors are scarce and hard to come by. The intention is not just to promote the growth of music, Nollywood and sports where we have been very prominent, but also to encourage our teeming youths to aspire toward realizing their dreams by looking up to these ambassadors as mentors”, the company disclosed.

“Globacom, Nigeria’s biggest corporate supporter of arts and entertainment in Nigeria, has, over the years developed and sustained the culture of empowering talented and outstanding Nigerian artistes as ambassadors.
“While congratulating the new ambassadors, Globacom urged youths not to relent until they achieve their dreams like Asake, Kizz Daniel and Chike. It added that “this is our way of inspiring a whole generation of young people with vision who can do better and achieve more without losing hope along the way, even when confronted with challenges”.
“The new ambassadors expressed appreciation to the Chairman of Globacom, Dr Mike Adenuga Jr., promising to represent the Glo brand well by constantly projecting its ideals.”
The billionaire business man has been projected as a man, whose love for the youths of Africa is palpable, and in reciprocation, they love him too. He is a man Nigerians will forever be grateful to him for breaking the seemingly impossible per second billing on telephone services.

“His heavy investments in laying submarine cables from Europe to Africa also stretches the imagination. The number of our youths who became GLO Ambassadors and superstars on CNN run into hundreds. He has also really done so much too for African football. He has taken our football to greater heights and African football has suddenly become a global phenomenon that can no longer be held back. It is no wonder that Africa continues to get more slots in the FIFA World Cup competition. Despite his unmatched support for the media, Dr Adenuga often suffer savage attacks from those seeking his attention but he has a solid principle: never indulge a blackmailer!” Veteran journalist, Dele Momodu, once wrote.
Indeed, no individual or corporate organization has had the kind of assemblage of entertainment heavyweights as it brand ambassadors as Globacom. All through the years, the cream of the country’s musicians, footballers, actors and comedians have either been signed on as brand ambassadors or featured in the company’s television commercials.
The long list includes veterans such as late Osita Osadebe, late Oliver d’Coque, King Sunny Ade, Ebenezar Obey, Nelly Uchendu, Mikel Obi, Victor Moses, Osaze Odemwingie and Emmanuel Emenike.
Others are MI Abaga, D’Banj, PSquare, Rita Dominic, Ini Edo, Flavour, Wizkid, Davido, Basketmouth, Gordons, I go Dye, Juliet Ibrahim, Matter Ankomah, Joselyn Dumas, Michael Essien, former World Heavyweight Boxing Champion, Anthony Joshua and track queen, Tobi Amusan. The trio of Asake, Kizz Daniel and Chike become the newest entrants.
In retrospect, Adenuga’s Globacom has always been associated with the development of the Nigerian music industry, since its inception, from its involvement with Nollywood and leading African and Nigerian music talents to the sponsorship of music shows such as Rock ‘n’ Rule, GloNaija Sings, Laffta Fest, and the world’s number one music singing talent reality TV show, X Factor. Others are Slide and Bounce concert, an entertainment tour which went round all the Geo-political zones of the country as well as Glo mega Music show, another platform through which Globacom entertains and delights Nigerians.
These programmes are meant to discover and help nurture budding talents. The company also supports the movie industry in Nigeria (Nollywood) and in Ghana (Ghollywood). Many of the actors and actresses in both countries have been chosen as Glo Ambassadors, thus projecting the continent in a refreshing light through African movies.
Globacom brought the world’s biggest dance reality show, Battle of the Year, to Nigeria. The winners in seven different categories went home with mega millions in cash, space wagon , and also bagged an opportunity to represent at the global edition of the competition.
One other area where Globacom has connected with its subscribers and Nigerians generally is loyalty-reward Promos. Over the years, the company has launched series of promos through which different types of empowerment prizes have been won by Nigerians across the country. From Glo Overload to Glo Allawee, Text4Millions, Made for Life, Recharge to Stardom, 180 cars in 180 days, Glo CAF Award promo, Recharge and Win Big popularly known as My Own Don Beta, Everyday Bonanza, and Joy Unlimited Extravaganza, Nigerians have benefitted massively from Globacom and many have been empowered through the Glo promos.
Between October, 2021, and January, 2022, Globacom held a life-changing promotion called Joy Unlimited Extravaganza. Thousands of Glo subscribers won brand new Kia Rio cars, refrigerators, television sets and generators across the country. Altogether, 500,000 prizes were given out.
Over the years, Adenuga’s Glo has partnered with several communities across the country on the sponsorship of major festivals and promotion of culture and traditions. These include Ojude Oba in Ijebu-Ode, Ofala in Onitsha, Lisabi in Abeokuta, Imeori in Abiriba, Oru-Owerri in Imo state, Afia- Orlu In Nnewi and Abia-Ugwa in Isialangwa in Abia State. Through these sponsorships, Glo is giving a new lease of life to the festivals as well as empowering some lucky individuals in the communities through various prizes won at special promotions held during the festivals. The company has not only brought these festivals to international limelight, but has also turned them into major tourist attractions. This association has helped build up Globacom as an enviable brand.”
Glo’s phenomenal impact extends to hosting of comedy shows and encouragement of footballers to further their careers, not only in Nigeria, but across the West African suburb
In 2019, the brand’s sponsored comedy show, Bovi Man on Fire, was held in Warri, Delta State. The show was described by many as a perfect way to celebrate Easter. Not only that, the company delighted its subscribers with free tickets to attend the fun-filled event anchored by ace comedian, Bovi Ugboma. Other humour merchants that graced the show were Kelvin Sapp, Young Chief Odogwu, MC Shakara and Mr. Flexy.
In 2023 alone, Glo launched Glo Green Lotto, a service aimed at enhancing the opportunities for its gaming subscribers to play and win; partnered with PalmPay, to launch a new marketing initiative tagged: “PalmPay Bonanza – Recharge Glo and Win,” which offers Nigerians who buy Glo data and airtime bundles via the PalmPay platform, the chance to win fantastic prizes, and sponsored the African Voices Changemakers.
In 20 years the brand has been in existence, Glo has become a symbol of glory, and epitomizes growth and development.
The company is gearing up to sponsor once again the Ofala Festival in Anambra State.
For his contribution to economies and communities across the globe, Dr. Mike Adenuga has been appreciated with so many awards, traditional titles and honours. The most prominent are the national honours from Nigeria, Ghana and France.
In Nigeria, he holds the highest civilian honour of Grand Commander of the Order of the Niger (GCON), this honour was hitherto reserved for mostly vice presidents.
In Ghana, he was awarded the highest civilian honour of Companion of the Star of Ghana (CSG). According to then President John Mahama, who conferred the indefatigable businessman with the honour at a state ceremony: ”You have touched many lives in Ghana. You have provided employment for our teeming youths, artistes, footballers and many more. I am particularly proud of you. This award is our way of a saying a simple thank you.”
The entrepreneur extraordinaire was also decorated with the Chavalier de la Legion d Honnuer (CdrLH), the highest National honour of France, by French President, Emmanuel Macron.
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Abdulrasheed Bawa: The Hunter that Became the Hunted
Published
19 hours agoon
September 30, 2023By
Eric
By Eric Elezuo
On February 16, 2021, former President Muhammadu Buhari made a basic change from the norms, when he named 41-year-old Abdulrasheed Bawa as the fourth chairman of Economic and Financial Crimes Commission (EFCC) following the corruption allegations levelled against his embattled predecessor, ex-acting EFCC chair, Ibrahim Magu, which led to his subsequent suspension.
The EFCC, which was established in the early 2000s during the administration of the then President Olusegun Obasanjo to combat economic and financial crimes like advance fee fraud (419), money laundering, terrorism financing and miscellaneous offences, was believed to have a new life with the coming of Bawa. But no one envisaged that Bawa, the crime and criminality hunter, will turn around to become the hunted.
Few weeks after his inauguration as President, Bola Tinubu approved the indefinite suspension from office of Bawa as the Chairman of EFCC, citing space to allow for proper investigation into his conduct while in office as excuse.
The new government had claimed that Bawa’s suspension was as a result of weighty allegations of abuse of office levelled against him by some stakeholders in the anti-corruption fight. The stakeholders however, have remained nameless till date except for the Department of State Services (DSS), which has held him incommunicado ever since, the court pronouncement notwithstanding.
Bawa was directed to immediately hand over the affairs of his office to the Director, Operations in the Commission, who will oversee the affairs of the Office of the Chairman of the Commission pending the conclusion of the investigation. But four months after, the man is still incarcerated.
In one of his articles, Constitutional lawyer, Mike Ozekhome, queried the rational behind Bawa’s continuous incarceration, noting that “section 35 of the 1999 Constitution, as amended, provides for only one day (24 hours) incarceration when there is a court of competent jurisdiction within a radius of forty kilometers from the Police Station; and where there is no court within a 40-kilometers radius from the station, the time is a period of 2 days (48 hours); or any longer period which the court considers reasonable given the particular circumstances of the case. See the case of AMOS & ORS V. DANIEL & ORS (2023) LPELR – 60454 (CA). The DSS, through its Director of Information, Willie Bassey, cited “weighty allegations of abuse of office levelled against him”, as the reason for Bawa’s continued captivity. This continued detention without trial is barbaric, atrocious and unconscionable, to say the least. Are we still living in the early caveman Australopithecus era? I do not know. Or, do you?
He added, “Till date, the DSS has not told Nigerians what Bawa’s specific offences are (if any), or the level of “investigation”. Investigation? Mtchew! Even if he committed some infractions of the law, can illegality beget legality? Can two wrongs make a right? Can the DSS continue to be the accuser, arrester, detainer, investigator, prosecutor and the Judge? What is going on here? The last time I checked, even amongst mad people, there is orderliness. DSS, for God’s sake, and for the sake of decency and our constitutional democracy, release Bawa immediately and forthwith.”
Bawa’s continous incarceration has become a pointer to the theory of illegal detention perpetrated by governments in power against oppositions or anyone perceived to have withheld loyalty to them whether for good or bad.
Bawa, a loyalist of the immediate past president, Buhari, is alleged to have worked against the emergence of the incumbent president, especially given the role he played during the naira redesign era, his imbroglio with the ousted governor of Zamfara State, who is presently the Minister of Defence, Bello Matawalle over $2 million bribe and accusations of levelled against sponsors of banditry in the country.
Matawalle has accused the EFCC boss of demanding a $2 million bribe from him following a case of corruption leveled against the governor, an allegation the Bawa denied.
Recall that the embattled governor, who lost his bid to return to office for second term, was being investigated by the anti-corruption agency for allegedly pocketing N70 billion from the Zamfara State government coffers. An amount said to have been borrowed supposedly for projects in the state
The EFCC said the former governor allegedly siphoned Zamfara’s funds sourced as a loan from an old-generation bank purportedly for the execution of projects in local governments in the state. Bawa’s EFCC said the governor used proxies who posed as contractors for the projects and got paid, but did not execute the projects.
The matter took a twist when the governor revealed that the boss of the anti-corruption agency, was demanding a whopping amount of $2 million to let him off the hook
Matawalle, in an interview with BBC Hausa on accused Bawa, of asking for the bribe, adding that the EFCC boss, who according to him, is not an honest person, was only busy targeting governors while turning a blind eye to federal officers with budgetary allocations.
“It is not just to always blame governors. It is not only governors who have treasury, the federal government also has. What does the EFCC boss do to them? As he is claiming he has evidence on governors, let him show the world evidence of those at the federal level.
“If he exits office, people will surely know he is not an honest person. I have evidence against him. Let him vacate the office, I am telling you within 10 seconds probably more than 200 people will bring evidence of bribes he collected from them. He knows what he requested from me but I declined.
“He requested a bribe of two million dollars from me and I have evidence of this. He knows the house we met, he invited me and told me the conditions. He told me governors were going to his office but I did not. If I don’t have evidence, I won’t say this,” Matawalle had told the BBC.
However, in a swift response, Bawa denied the allegation through a statement signed by the Commission’s spokesperson, Wilson Uwujaren, and dared the governor to provide evidence to back his claim. Mr Uwujaren said the commission will not be drawn into a mud fight with a suspect under investigation for corruption and unconscionable pillage of the resources of his state.
Today, Matawalle is a Minister while Bawa is a prisoner without trial. It is obvious who the government of the day aligned with.
Matawalle, though a member of the ruling All Progressives Congress (APC), had accused the government of Buhari of using the military to rig the Zamfara governorship election for the opposition Peoples Democratic Party (PDP), the same Tinubu had accused Buhari and Emefiele of engaging in naira redesign to frustrate his ambition.
Bawa has had his fair share of scandals while in office. In November, 2022, he was convicted by Federal High Court, sitting in Abuja, presided over by Justice Chizoba Oji, and ordered to be committed to Kuje correctional facility.
He was convicted for contempt of court in relation to EFCC’s failure to comply with an earlier order of the court made on November 21 2018, directing the Commission to return to an applicant his Range Rover (Super charge) and the sum of N40, 000,000.00 (Forty Million Naira).
Agai, in February 2023, Bawa was jailed by the Kogi State High Court in Lokoja for disobeying its order.
The court also directed the Inspector General of Police to arrest Bawa and remand him in Kuje prison, Abuja, for the next 14 days.
The judge, Rukayat Ayoola, ordered that Bawa be detained in prison “until he purges himself of the contempt”, meaning until he clears himself of the contempt for which he was jailed.
It is not clear if these allegations are what the DSS are investigating or someone is hiding something from the public.
There are possibilities that Bawa may shown some infractions against Tinubu and his assets while in office to warrant his use of scapegoat in the administration.
He had followed up allegations of six Nigerians sponsoring terrorism by the United Arab Emirates. The Nigerians on the UAE’s terrorism were listed as Abdurrahaman Ado Musa, Salihu Yusuf Adamu, Bashir Ali Yusuf, Muhammed Ibrahim Isa, Ibrahim Ali Alhassan and Surajo Abubakar Muhammad.
Also in March 2021, former presidential aide, Garba Shehu, had said the Nigerian Government arrested 400 Bureau De Change operators for allegedly funding Boko Haram insurgency in the country.
However, while on national television during a live interview, Bawa refused to mention names if terror sponsors, giving the impression that they were different from the one mentioned by UAE.
“If you are my adviser, will you advise me to come on national television to tell the whole world regarding matters of sensitive national security issue? Certainly, not. But what I want to assure is the fact that we are working tirelessly with other sister agencies to ensure that this country is free of terrorism,” he said, promising that their names will be revealed at the right time.
This was even as a former Navy Commodore, Kunle Olawunmi, said that Boko Haram terrorists mentioned names of then serving governors, senators and Aso Rock officials. Those have remained unknown till date, and Bawa, who likely knows better, has remained in detention.
It will also be recalled that Last a former deputy governor of the Central Bank of Nigeria, Obadiah Mailafia, also claimed that a then serving northern governor was a Boko Haram leader and moneybag. Obadiah died shortly after the pronouncement.
Bawa’s continuous detention is a proof of how the rule of law in Nigeria has suffered so much distortion, as brazen disobedience to Court orders has become the order of the day.
“If Governments treat court order with levity and contempt, the confidence of the citizen in the courts will be seriously eroded and the effect of that will be the beginning of anarchy in replacement of the rule of law,” Late Justice Mohammed Lawal Uwais had warned.
As at today, the crime hunter is still caged with little or no judiciary reference.
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Meet Olayemi Cardoso, Tinubu’s Nominee for Central Bank Governor
Published
2 weeks agoon
September 16, 2023By
Eric
By Eric Elezuo
On Friday, President Bola Tinubu approved the nomination of Dr. Olayemi Michael Cardoso as the new Governor of the Central Bank of Nigeria (CBN), to replace suspended Godwin Emefiele.
According to a press statement by presidential spokesman, Ajuri Ngelale, Cardoso will serve for a term of five (5) years at the first instance, pending his confirmation by the Nigerian Senate.
A deputy governor of the Bank, Faloshodun Shonubi, has been the acting Governor of the apex bank since the suspension of Emefiele in June this year,
Popularly Cardoso, known as Yemi Cardoso, the nominee is a pioneer Commissioner of Economic Planning and Budget in Lagos State in 1999 upon return to democratic rule under the government of Tinubu as governor of Lagos State.
In this capacity, he is reported to have written and monitored the implementation of the blueprint which catalysed economic development in the Lagos, better known as world’s sixth largest megacity, including leading to the state’s development of independent tax revenues.
His private sector experience includes an illustrious career with Citibank, Chase and Citizens International Bank.
He has served on the board of several leading companies, including Texaco and Chevron Oil Plc. He is a member of the Belgian-based Cities Alliance Think Tank which aims to shape and influence policy and decision making on urban development in Africa and has strong relationships with key international donor agencies.
Cardoso’s first degree is from the University of Aston, United Kingdom and his second degree from Harvard University, USA.
In 2017, he was awarded an honorary doctorate degree in business administration by his alma mater, Aston University, in recognition of “his outstanding contributions to business and society”.
Hereunder are four other unique things about the next CBN Governor:
* Dr. Cardoso is a financial and development expert with over 30 years’ experience in the private, public and not-for-profit sectors.
* He is a Nigerian banker, chartered stockbroker and public policy maker.
* He is the first Commissioner for Economic Planning and Budget in Lagos State in 1999.
* Cardoso is the founding chairman and co-chair of Ehingbeti Summit, the Lagos State annual economic summit.
CARDOSO IN A NUTSHELL
- Olayemi Cardoso, a Lagosian, grew up in Lagos and attended Corona School Ikoyi and St. Gregory’s College all in Lagos for his primary and secondary education, respectively.
- His father, Felix Bankole Cardoso, was the first indigenous Accountant-General of the Federation of Nigeria in 1963; and, the first indigenous Vice Chairman and Managing Director of Barclays Bank of Nigeria shortly after joining the bank in 1972. Under his leadership, Barclays successfully transformed into Union Bank of Nigeria, a wholly-owned Nigerian entity
- Yemi Cardoso completed his undergraduate studies upon obtaining a Bachelor’s degree in Managerial and Administrative Studies from Aston University in 1980.
- He later furthered his education at the Harvard Kennedy School of Government, earning a Master’s degree in Public Administration in 2005 as a Mason Fellow.
- In recognition of his outstanding achievements in the private and public sectors, Cardoso was granted a Doctorate in Business Administration (DBA) (honoris causa) by Aston University in 2017. He is also esteemed as a Fellow of the Chartered Institute of Stockbrokers.
- Olayemi Michael Cardoso is a Nigerian banker, chartered stockbroker and public policy expert.
- He has served for over four decades in the public, private and development sectors as a leader and innovator.
- Among his most impactful roles are: Commissioner in the Lagos State Ministry of Economic Planning and Budget; Chairman of the board of the African Venture Philanthropy Alliance and, most recently, Chairman of Citibank Nigeria Ltd for 12 years, until his resignation in 2022.
- Cardoso is a dedicated family man. He is married with five children and three grandchildren. His parents were descendants of Brazilian returnees and came from prominent families from Popo Aguda.
MORE ON CARDOSO
Mr Cardoso was the former chairman of Citibank Nigeria, and a distinguished leader in the financial and development sectors with over 30 years’ experience in the private, public and not-for-profit organisations.
With diverse corporate governance experience, Cardoso has also sat on the boards of Nigerian subsidiaries of Texaco and Chevron and chaired the board of EFInA, a financial sector development organisation supported by the Bill and Melinda Gates foundation.
He served in government as Commissioner for Economic Planning and Budget for Lagos State, where he championed the financial reform process which led to the state’s development of independent tax revenues.
In his capacity as a consultant and policy expert, Mr Cardoso has advised and collaborated with major international development organisations including the World Bank, Ford Foundation, UN Habitat, World Health Organisation and the Swedish Development Foundation.
He is the recipient of several awards including an honorary Doctorate Degree in Business Administration from Aston University, his alma mater, and the Global Distinguished Alumni award from Citi.
Mr Cardoso obtained a Masters in Public Administration from Harvard Kennedy School where he was a Fellow.
Though many has seen the appointment as Mr President’s sustaining trend in rewarding his loyalists, others has however, said that the nominee is a right choice.
Cardoso, who also will be assisted to perform by four nominated deputy governors, will assume full responsibility of the apex bank on confirmation by the Senate.
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