Boss Of The Week

Dr Stephen Akintayo: Leading Gtext Homes to Strategic Marketing Advantage

Published

2 years ago

March 17, 2024

Eric

By Eric Elezuo and Omotayo Omidiji

There are very few Nigerian billionaires, who have remained accessible, display humility among humanity while engaging ferociously with the legitimate business of creating and recreating wealth, making live liveable for the citizenry and giving the government of the day the leeway to provide adequate democratic dividend for all and sundry. Prominent among them is the multi-faceted, multi-talented, resilient and ebullient entrepreneur par excellence, Dr. Stephen Akintayo, the Chairman/Chief Executive Officer, Gtext Homes, and its many affiliates, the Stephen Akintayo Consulting among very many others.

In this brief chat, the soft spoken go-getter, who practically rose from the proverbial grass to grace, tells the story of determination, resilience and focus. His life trajectory culminates in why everyone is a candidate of success, irrespective of the background. He tells how he doggedly built his empire via strategic marketing advantages, and rising to the status of king of real estate.

Excerpts:

HOW DID YOU COME ABOUT THE RELATIVE HUMILITY YOU ARE TODAY ASSOCIATED WITH?

Well, I think it is relative as you said. I am not sure everyone believes I’m humble, and the reason is that, I am a very straight shooter. When issues come, I confront them headlong. In my office, you will hear people say do not go and report people to oga because if you go, he will bring both the person that said something and the accused and you will confront each other. And because of that, some people have the perception that I am a straight shooter. For me generally, I have been through a lot in life, capable of making anyone humble normally. I grew up in the northern part of Nigeria, and at some time, in the village, where there was no running water, and no electricity. I had to fight for everything in life.

It’s humbling however, to note that I started my business with one thousand naira, and for us to be in the four continents of the world, I had to keep proving myself. Sometimes, I get into rooms, and overhear people saying I’m fronting for someone. They are like how come he had achieved so much at such a young age. Some even make bold to say…maybe he is doing hard drugs. I just laugh, and keep proving myself.

IN YOUR LIFE TRAJECTORY, DID YOU BY ANY MEANS MAP OUT YOUR STAGES BECAUSE EVERYTHING ABOUT YOU SEEMS TO BE FOLLOWING A WELL PLANNED SEQUENCE

At the age of 17/18, I read the books that changed my life. I read Rich Dad, Poor Dad, Think and Grow Rich and others. The books woke me up to know that it is not degrees that is going to make me rich. It made me know that degree is just about going to school and being enlightened. If I want to be rich, I needed to do a trade. Having gone through that book at the age of 18, I started my first business as a very shy person, and my first business was multilevel marketing of food supplement by GNLD. It was difficult to market a drug, as I couldn’t look a potential customer in the face, but the book I read said if I could do this, I would become rich. So I had to.

I started business by selling e-books from day one in the university. I was just sold to doing business; hawked electronics and all stuffs. I failed many times doing business but I kept at it because I had no choice, and because we were not rich and money was always an issue, so I just had to keep at it and that was it for me.

SO YOUR TARGET WAS JUST TO BE RICH?

My target was to be financially free. I hated poverty. My mother was always borrowing money to pay my school fees from our neighbours, who incidentally were her juniors, but she had five children and my dad wasn’t financially stable to support her. They will then look at her with disdain and still not give her the money, saying our children too have not seen help. I just hated it. I hated that we were poor. I did not see a toilet we could flush until I was 13 when we moved to a new house, a government quarter because my mum worked with PHCN. It was just marvelous that we could sit, defecate, and flush a WC. At that teen age that I read that book, I just started planning that this is what I needed to do, and I remember as a student, I had a picture Ark. I had a list of companies I was going to own from media to real estate to production companies. Now, I am beginning to tick them out.

AT WHAT TIME IN YOUR LIFE COULD YOU DESCRIBE AS YOUR TURNING POINT?

A lot of people ask me this question often times, and my answer is always that there wasn’t really a major turning point except for 2015. The business that eventually became a mainstay for me was the bulk SMS company. We tried to convince companies that we could market their products by sending SMS. We had email and phone number database where we could help them send SMS to a large number of people. But at some point, I became indebted without even borrowing money. This was because I was representing a university in Hungary then. Along the line, we did a transaction, which the university later cancelled despite receiving processing fees from some applicants. They insisted I must refund their money, to the extent the matter was settled at the police station. The Police advised I should sign a post dated cheque for the refund to avoid embarrassment. This was in 2012. That is why when people ask why am I this bold, I tell them, I have been through a lot.

I came out of that experience, and restrategised, and within a twinkle of an eye, companies like Chivita, PZ, Unilever, Indomie became our clients, and by 2015 election, we were handling Ex-President Goodluck Jonathan’s SMS Campaign nationwide, Buhari’s e-mail Campaign nationwide. I was even picked up by the DSS in the cause of the job. I have been through a lot.

WHY WERE YOU PICKED UP BY DSS?

I was never told other that it was order from above. I told them I was the one handling the president’s SMS campaign but they did not bother a bit. So I followed them to their office until my lawyer, Dr. Ope Banwo, arrive to help secure my release. I also did an article that went viral titled, “How Jonathan sent DSS to arrest me.” In 48 hours, we had over 5million hits worldwide, infact some opposition thought I was part of why Jonathan lost. All in all, that 2015, was our breakthrough year because everybody was our customer. We had a single transaction worth 30million and I think at the end of the year, we made over 200million naira. And that was the year I also know the next thing to do?

It was in October of that 2015 that we went into Real Estate. We couldn’t just continue to rely on the Tech thing, which is always through third party platforms. But now, we are using all platforms for our social media clouts, and digital marketing. We train companies on how to use social media. I wanted to build something that is standing on something solid, and that was why we delved into Real Estate.

WHAT WAS THE FEELING LIKE WHEN YOU MADE YOUR FIRST MILLION?

It was actually the first 30 million, and it was exciting. I paid off a lot of debts. I remember I had to lodge in Protea Hotel, the one in Alausa for that night. And incidentally, that day was my birthday, I laid on my bed and just said thank you Jesus. So I started calling my debtors, I paid all of them and this excites me that I could pay back, because these were people that insulted me then.

I grew up with only values, no money. We were poor but we were taught key values, key moral. My mum and dad were not rich but they were people of sound values. I was so happy to pay back. Infact I need them to know that I have integrity. Those experiences made me know Nigerians are bullies by culture and character and you need a bigger bully to deal with them.

This is why businesses are dying in Nigeria, Once you are still small, everybody wants to cheat you. I was happy to pay; to pay my landlady after owing for like over a year. I earned who I am today, at least with God’s grace and mercy. I worked hard for what I own, and what I represent today. I worked hard every single minute of my life.

WHAT WAS IT LIKE DELVING INTO REAL ESTATE, GTEXT AND OTHER BUSINESSES, AND HOW ARE THEY THRIVING NOW?

For me it was a case of asking yourself what’s next because my dad, based on his own level became successful as a young man at age 20 as a construction contractor. He had a breakthrough in the Northern part of Nigeria but he is from Ogun State. In no time, before I was even born, the business collapsed as the northerners started doing their own construction. So I grew up meeting a father who practically had no job, and became a prophet. So growing up, I made up my mind that I will not build my business on government contracts, and that is why it is easy to be upfront. I did not collect any contract from the government even real estate. I buy from families. My dad’s story taught me to innovate and evolve, and that was how real estate came in. I needed to have a back up; something solid on ground. I needed something physical so that when people talk, they will know we are doing a real business not audio real estate business. We needed something that is physical and not social media. I needed to document my journey.

AT THIS AGE AND LEVEL OF YOUR ACHIEVEMENT, CAN YOU SAY YOUR ARE FULFILLED?

I can not say I am fulfilled. You know I told you I have this ark, and I have only touched 10 percent of it. My advice to people that are worried about me is that they should not worry, I have not started, you will have to ask questions for a long time. We have a long plan, and it is a global empire that we are building and as the Lord keeps us alive, we would redefine what it means to be wealthy in Africa.

WHAT IS THE NEXT ITEMIZED STEP IN THIS GREAT ARK OF YOURS?

Media and movies. We are hoping to achieve them this year. We are looking forward to getting a radio licence, buy an existing radio station, and a production company. We are into Netflix, Amazon and Prime. We have two movies we are working on, and one is actually about my mum.

You know, as you start building an empire, cost of marketing and PR becomes heavy so it is wisdom to own your own media to make it cheaper, and for collaborations.

Also, we are building up to four hundred houses on credit union, to help our balance sheet, and it is a 150 million dollar project in Texas. And we are looking at introducing Credit Union too in Nigeria to make mortgage easy for people who want to buy properties.

ON A SCALE OF 10, HOW FAR HAVE YOU GONE ON THE AFOREMENTIONED PROJECTS?

For us, vision is key, and it is a process. By August, we would do ground breaking and begin proper construction. It is seven to ten years plan so we are hoping that phase one will be done in two years, that is fifty unit housing which is residential. It will be the largest in the US. We would use solar, wind energy and it is going to be smart housing so we go commercial from the seventh to tenth year, and will be putting a golf range, acquarium, shopping mall and a couple of other commercial facilities.

YOU WERE RECENTLY RECOGNISED BY FORBES, TELL US ABOUT IT

We got Forbes Best of Africa and Real Rstate Mogul award. It is probably the biggest award I have received so far; it was humbling, and I am probably the youngest recipient ever. In fact, recently, Forbes African team were in my office in Ikoyi to talk about possible areas of collaboration. They recognised us on two levels; one is on investment coaching because they have seen how I have written over forty books and a good number of them is about teaching and mentorship. This is what it is; it is not really about building businesses because we know about how entrepreneurs thrive on other people’s money.

One level is African investment coach and another level is as real estate mogul. For the real estate mogul, there are companies that are way bigger than us and for us, there were a lot of innovation we brought into the real estate space. For example, we started 24/7 operations where customers can call us at 2am and make payment and we attend to them. We pioneered that and it is free. We also partner with DHL, to ensure documents are safely delivered anywhere in the world. So if you buy land from us in Nigeria and you are in Australia, DHL will deliver your document to you in front of your house without any extra cost; those were the innovations. We are also into virtual inspection and virtual allocation. We brought a lot of ideas into the industry, so for us when we grow into a sector, we look at how we can deepen the sector, things that others will copy from us, but we do not mind since we are able to help increase transparency. We were also the first to talk about green and smart homes in Nigeria, and at some point, we had to slow down because of dollar issue.

Now what we do about our estate; we just model and house our staff. For some reasons, we have moved to Dubai and now we have over hundred housing units there just to be sure that our investors were getting good Return On Investment, but I must say, we had our hands burnt, I lost over a million dollars in Dubai.

In business, you don’t give up, you learn from the mistakes and challenges, and move on. The problem most enterpreneurs have is their inability to learn from elders. Personally, I enjoy the counsel of elders. They will help you shape some perspectives of your businesses. Many think I am a one man business, but they don’t know the many people behind me, who can vouch for me. I run my business in a very transparent way so integrity is key for me.

YOU STUDIED MICROBIOLOGY; HOW COME NONE OF YOUR BUSINESSES ARE RELATED TO IT?

I always encourage young people who follow your platform. I had this brother who has a university degree. By the time I visited him, he was living in one room with eight of his siblings. He said egbon things are difficult, I remember going back to school that day and I kept saying to myself I will never end up like that man. I will not only focus on the course I am studying, but I will try many things, and whatever will bring me out of poverty, I will embrace. You know many of us studied courses based on what was given to us. While at school, I wasn’t even the best student. It is interesting to note that the best student then once begged me for job after graduation. I just told her I can support her but I won’t give her job for obvious reasons.

When I left school, I tried printing hundreds of CVs in a bid to secure a circular job, but all to no avail. One of my potential employer even advised me to go and continue with my popcorn business, that one day something great will come out of it. I did bulk SMS, I posted it on walls, at every bus stop from Sango-Ota to Ikeja-Along, that was the only thing I could do. I would go to school, beg them to subscribe to my bulk SMS business, that was the only thing I had, and my mother had died of Ovarian cancer then, and she was our breadwinner. I was chased out of my friend’s house where I was squatting, and I had to go back to the only house my mum built at Sango-Ota.

We hardly eat, but at least we had a roof over our heads, and that explains why real estate is important to me. I have been through a lot in my life but one of my biggest regret is my mum not being alive today. She died because we had no money to take her to a private hospital. By the time she was taken to a private hospital with help of colleagues, it was too late. She died two days after she was operated upon. The disease had already spread. For that, I don’t joke with people’s health, and my employees can attest to that. I lost my mum because I had no money. She couldn’t even live to witness my graduation.

So, that is why I have serious dislike for poverty, and also why I am writing books to teach people. I am sent to my generation and I want them to know how to make it and that is why I am writing books. I am open to writing a book with Dangote so that he can at least teach us, share his story of how he started, built his career so that young people can follow. The youth just want the elders to show us the way, to let us know they also passed through the same phase so when I am going through my own, I can understand that it’s a phase that will pass. Look at what Tony Elumelu is doing through his foundation. We also have foundation through which we give out grants. We also support widows and pay many children’s fees.

WE ALSO KNOW YOU ARE A PASTOR, TELL US ABOUT IT?

I started pastoring as a teacher in my secondary school. I went to a Christian primary school. My fellowship in secondary school and university took me as their pastor. I also pastored Winners Chapel Campus Fellowship then in few years I became ordained in my church but after a while, I pulled out of pastoring and the reason is obvious. I realised that it became a tool for blackmail. I am a businessman and that’s why I do not use the pastor title. The title I use is doctor because I have been given honourary doctorate degree and I have decided to stick to that.

PEOPLE ATTACH YOU TO WINNERS CHAPEL, WERE YOU ORDAINED THERE?

Yes, but I am no longer part of the pastoral thing, but I’m still a faithful and loyal member. For me, I do business with you because I am a businessman not church member or because I am a Christian. My advice is do not use sentiment, do not get carried away by religion, investigate whomever you want to do business with, do business because you are convinced they have something of value to offer you. Always remember we have a bullying culture.

I believe strongly in giving; my life has changed because of giving, and I am very much committed to that, but sometimes it is good to separate some things from some things; business is business, church is church, ministry is ministry, and I am not involved in any administrative thing in church. I used to be involved in church adminstration, but I pulled out because I started travelling, I got so many responsibilities. So, if you hear people call me pastor, know they are members from time past. They still call me pastor privately, it is between us, not everybody.

IN A NUTSHELL, CAN YOU CONFIRM THAT YOU ARE A MAN WHO BECAME RICH BY BOOKS?

By books, yes, fear of God, and integrity. Like I said, people cannot start trusting you with millions of dollars if you have not shown some level of integrity, I think that is important and I want to encourage the young people that business do not always go right, but do your best to show integrity. I have a consulting programme where I charge twenty thousand dollars but it is for business owners whose business is bringing over a million dollars and they are trying to take the business international, they want certain structure. What I make from coaching is more than enough. I still loan my company till today, a lot of people do not know that there are some rich people in this country, I manage personally their social media page and there are things behind the scene that some people do not know. Some people think my only company is real estate; business is business, but what has helped me more is integrity and transparency.

I am a Havard trained real estate investor. I also have the fear of God and mentorship. I also have enjoyed counsel and support from people who study me. We started real estate in Nigeria then moved to Dubai where some average property is almost five hundred thousand dollars and in one year, we became the largest black home brokerage by volume of what we were doing. And this is owned by a black man. We are in the U.K and US as well. We have housing units in Alabama, and everybody plays by the rules including family members.

WHAT CLOTH DO YOU FEEL COMFORTABLE IN?

I love Agbada, I used to be a suit guy but as I start doing things internationally and I saw the reputation of Nigerians internationally, I had two options: either I pretend not to be a Nigerian or I wear it as a badge of honour. It is when they see that integrity you bring to play that you can start changing that perspective and perception because many of what is going on is the perception internally, we don’t trust ourselves.

AND YOUR BEST FOOD?

It used to be fura when I was in the north, in the south it is Amala and Abula, gbegiri and ewedu together. I am an African man.

I have been to about hundred cities in the world

AND WHICH OF THE CITIES IS MOST EXCITING?

Manhattan, New York. This is because of my love for real estate. Whenever I’m in Manhattan, I always insist on high floors, from where I can have an overview of the city. For me, it is a way of meditation, love and attraction. I will be looking at those buildings and say to myself, one day I will build one.

DO YOU FOLLOW SPORT, WHICH OF THE TEAMS DO YOU SUPPORT?

I used to follow Chelsea but I changed to Liverpool.

HOW LONG HAVE YOU BEEN MARRIED?

Twelve years, I got married at twenty six.

DIDN’T YOU THINK EARLY MARRIAGE WAS GOING TO AFFECT YOUR BUSINESS?

No, my wife and I have been in business together since our campus days. We met on campus during the days of bulk SMS. She understood my dreams and my aspirations very well. Now we travel a lot with the kids. We spent Christmas partly in London, the U.S. and Dubai. I just move around with them.

ARE YOU IN COMPETITION WITH ANYONE, ESPECIALLY IN REAL ESTATE

No…but it’s rather unfortunate that you are not in competition with anybody but people are in competition with you. I wish everybody well, and for young people, I now run a CEO retreat, where i train real estate developers. If you sit somewhere and envy me, that is your business; there is nothing I can do about it, but I have learnt that it is a sign of growth. For me, where I am going is more important.

WITH YOUR EXPERIENCE, AND THE WEALTH YOU HAVE ACQUIRED, WILL YOU DESIRE POLITICAL LEADERSHIP IN THE FUTURE?

As at today, No. But the truth remains that I am politically aware, and I understand political strategies. I can sit you down and tell you how you can make your move, and remember I am a trained digital marketing guy, I understand all those things but if I want to do politics, what am I going into politics for? I am a young man, I have connections, contacts but must I go into politics to have power? No.

I advise young people who rush into politics to build a name, if you do something solid the politicians will beg you because they know you have the solution, the capacity, and the answers. For me, I am very well positioned globally, growing my business is very important to me, supporting people in government across the world. We want to start partnering with people in government but we want to make sure our record is clean, our stories are clear because if you do not tell your stories, others will tell their own and their own will become the truth so we need to tell our own.

I have no political agenda, I have friends in all parties and I will continue to have friends in all parties but no plan to join politics. However, no one knows tomorrow, and can’t tell what the people can demand tomorrow. But as at today, that is not a headache I can afford to carry.

THANK YOU FOR YOUR TIME SIR

Boss Of The Week

Fola Adeola to Head Tinubu’s Petroleum Task Force

Published

2 days ago

March 14, 2026

Eric

By Eric Elezuo

From his comfort zone, after meritoriously guiding the broad brand, Guaranty Trust Bank, to a height high enough to draw international comparisons in quality and service delivery, co-founder, Mr. Fola Adeola, attracted attention, bagging a presidential appointment as the Head of a nine-member Presidential Petroleum Reform and Value Optimization Task Force.

The appointment, approved on Friday by President Bola Tinubu, places a mandate on Adeola and his team to design and coordinate the next phase of structural reforms in Nigeria’s petroleum sector.

The appointment was announced in a statement by presidential spokesperson, Bayo Onanuga as follows:

PRESIDENT TINUBU ESTABLISHES TASK FORCE ON PRESIDENTIAL PETROLEUM REFORM & VALUE OPTIMISATION

President Bola Ahmed Tinubu, GCFR, has approved the establishment of a Presidential Petroleum Reform & Value Optimisation Taskforce to design and sequence the next phase of structural reforms in Nigeria’s petroleum sector.

Mr Fola Adeola, co-founder of Guaranty Trust Bank and founder and chairman of the Fate Foundation, is the Task Force’s chairman. As chairman, he will coordinate the group’s work and ensure the timely delivery of its mandate.

Other members of the Taskforce are: Ademola Adeyemi-Bero, Osagie Okunbor, Abubakar Suleiman, Adaeze Aguele, Farouk Gumel, Phillipa Osakwe-Okoye and Seyi Bella.

Mofoluwasho Fadayomi will serve as secretary.

As constituted, the Taskforce is a time-bound, high-level executive working group tasked with producing execution-ready reform blueprints that will consolidate ongoing reforms, unlock capital within the petroleum sector, and strengthen Nigeria’s position as a leading global energy investment destination.

The initiative reflects the President’s commitment to transforming Nigeria’s petroleum industry into a more competitive, transparent, and value-maximising sector capable of driving long-term economic growth, macroeconomic resilience, and industrial development.

It will operate as a technical reform body rather than a representative committee, engaging industry operators, regulators, investors, and civil society as consultees while focusing on actionable policy design and implementation strategies.

The Taskforce will report directly to the President and provide monthly progress memoranda. An interim report will be submitted after three months, while the final outputs are expected within six months of inauguration.

President Tinubu expects the Task Force to deliver three major reform blueprints.

One of the deliverables is the Implementation Toolkit for Immediate Structural Fixes – including draft legislative amendments, executive instruments, and institutional restructuring proposals.

The second deliverable is the Capital & Liquidity Acceleration Blueprint, aimed at unlocking $5–10 billion in sectoral liquidity while safeguarding Nigeria’s sovereign interests.

The third blueprint will focus on the National Energy Transformation Strategy – a ten-year roadmap with measurable targets for production, foreign exchange earnings, GDP contribution, and cost competitiveness.

President Tinubu has directed all Ministries, Departments, Agencies, regulators, and relevant institutions to provide full technical support to the Taskforce and to submit inventories of ongoing initiatives to ensure alignment with the emerging reform framework.

In furtherance of this directive, President Tinubu has also directed all existing committees, teams, and working groups established under various reform initiatives within the sector to align their activities, reporting structures, and work programmes with the new Task Force.

The streamlining will ensure coordination, avoid duplication of mandates, and provide institutional clarity, thereby ensuring coherence in the petroleum sector reform architecture.

The President has also directed that all relevant documentation, institutional knowledge, and ongoing workstreams should be made available to the Taskforce to support the development and implementation of its comprehensive reform framework.

The creation of the Taskforce represents a strategic presidential instrument to accelerate petroleum sector reforms, strengthen governance architecture, optimise national energy assets, and position Nigeria’s petroleum resources as a foundation for sustainable economic transformation.

The Taskforce will automatically dissolve upon submission and acceptance of its final report.

Fola chairs the committee alongside reputable industry and financial sector experts, including Ademola Adeyemi-Bero, Osagie Okunbor, Abubakar Suleiman, Adaeze Aguele, Farouk Gumel, Phillipa Osakwe-Okoye, and Seyi Bella with Mofoluwasho Fadayomi will serve as secretary.

President Tinubu tasked the committee with producing execution-ready reform blueprints that will consolidate ongoing reforms, unlock capital within the petroleum sector, and strengthen Nigeria’s position as a leading global energy investment destination.

The committee’s establishment comes after President Tinubu announced Presidential Executive Order 09 on February 13, 2026, that mandates direct remittance of all government petroleum revenue to the federation account.

THE CAREER TRAJECTORY OF FOLA ADEOLA

Beyond being a financial wizard, Adeola has once tried his hands in politics, aiming for the number position of the Nigerian nation as the vice president. That was when ran with the present National Security Adviser, Nuhu Ribadu under the umbrella of the Action Congress of Nigeria (ACN).

Born on January 10, 1954, Adeola is an alumnus of Methodist Boys High School, Lagos, and Yaba College of Technology, where he obtained a Diploma in Accounting in 1975.

He became a Chartered Accountant in 1980 following his training with Deloitte, Haskins and Sells and D.O. Dafinone & Company (both Chartered Accountants). Over the years he has received professional development training at Harvard Business School, INSEAD, and the International Institute for Management Development in Switzerland.

In 1999, he completed a one-year sabbatical at the National Institute for Policy and Strategic Studies in Kuru, Jos, Nigeria, where he carried out research on economic development and job creation policies.

Adeola co-founded one of Nigeria’s biggest banks, now a holding company, the Guaranty Trust Holding Company, owner of Guaranty Trust Bank, together with Tayo Aderinokun in 1990. He served as its Chief Executive Officer and Managing Director from inception until 2002.

He is also the founder of FATE Foundation and chairman of Main One, Nigeria’s leading telecom company.

In the public sector, Fola served as the past board chairman of the National Pension Commission from December 2004 to June 2006. He also at one time chaired the Lagos State Disaster Relief Committee.

He was decorated as Officer of the Order of the Federal Republic (OFR) in December 2002 by then President Olusegun Obasanjo. He also has an honorary doctorate from Nkumba University, Ntebbe, Uganda.

In 2009, he won Banker of the Decade award by the Vanguard Newspaper group. Other awards trailing the accomplished bank include Distinguished Famous Alumni award by Yaba Tech Zik Leadership in 2003, and This Day Awards 2011 – Change Makers in Social Entrepreneurship.

Adeola is married to Hajara, and they are blessed with six children.

Boss Of The Week

Prof Jide Owoeye: When a Distinguished Academic Turns 70

Published

2 weeks ago

February 28, 2026

Eric

By Eric Elezuo

It was a gathering of distinguished egg heads, prolific intellectuals and ardent academics at the Adeline Hall of the Lead City University, Ibadan, when notable and celebrated Chairman of Council and Pro-Chancellor of the Institution, Professor Jide Owoeye, marked his entry into the septugenarian circle.

The event, a multiple-in-1 classic, featured tribute session, a panel session, books presentation and reading as a well as a defined colloquium. Among topnotch individuals that graced the event were delectable heads of higher institutions of learning including the Vice Chancellor, Edo State University, Uzairue, Sheldrake O. Akindele; the Vice Chancellor, Chrisland University, Abeokuta, Oyedunni S. Arulogun; Vice Chancellor of Crescent University, Abeokuta, Ibrahim Gbajabiamila, and the Deputy Vice Chancellor, Ajayi Crowther University, Oyo, Muyiwa Popoola, who were members of the panel session that discussed critical mechanisms that enhance and safeguard the future of education in the country.

The panelists leveraged on the theme, Nigeria Higher Education and Private Sector Involvement: Navigating the Path, Confronting the Challenges, Exploring Opportunities for the Future. The lead discussant was the Vice Chancellor, Federal University, Katherine, Gombe State, Umaru Pate.

Speaker after speaker, the academic giants celebrated the unequaled legacies of Prof Owoeye’s 70 years of impressive existence, especially his scholarly contributions to the standardization of not only learning, but also academic environment in Nigeria with the establishment of Lead City University in 2005.

The ceremony was punctuated with various genres of entertainment including cultural dances, touch of saxophone, talking drum display, drama presentation by students of the institution, and a host of others.

Among the books presented at the ceremony were Asia in World Politics and Knowledge in the Emerging Global Order.

The highpoint of the gathering was the cutting of the birthday cake with various presentations of full size portraits and other gifts items from colleagues, students and staff.

Othe dignitaries who graced the occasion were Chairman, Ovation Media Group, Chief Dele Momodu, General Secretary, Pan African Writers Association (PAWA), Wale Okediran, Oyo State Commissioner of Lagos among others.

Speaking on his achievements, a long time friend from the University of Ife days, Chief Momodu, noted that Prof Owoeye has always been a man of letters, who has carved a niche for himself, adding that Nigeria and Africa are proud of him.

Distinguished in every ramifications, and an authority in International politics and relations, with bias to Asia, Owoeye has transverse all areas and degrees of the academic environment, terminating at the professorial level, and capping it all with the establishment of topnotch private university as the icing on the cake of his academic pursuit and inclination. He boasts of bachelor’s, masters and doctorate degrees in different fields of international studies.

For Owoeye, reaching the peak of his profession was when he became a professor of International Relations at OAU in the year 2000.

Born on March 1, 1956, Prof. Jide Owoeye is a teacher, and a very proud one at that, who would not miss any opportunity to introduce learning and exchange of knowledge. That practically explains why his 70th birthday celebration was tailored towards a colloquium and book presentation status.

Owoeye began his schooling at the OLMC Demonstration School, Ibadan, where he spent the period between 1962 and 1967 acquiring elementary or foundational knowledge of education.

Afterwards in 1968, he attended Olivet Baptist High School, Oyo, for his school certificate, and left in 1972 before attending Government College Ibadan, for his Higher School Certificate, from 1973 to 1974.

He was admitted into the University of Ife, now Obafemi Awolowo University, for his first degree.

On graduation, he was employed as Insurance Officer at Akin George & Company, Lagos, as he decided to try his hands in circular career. His stint at the firm lasted between 1979 and 1980.

Thereafter, he made a daring turn into the word of teaching, becoming Lecturer II at the Department of Government, OSCAS, Ile-Ife, from 1980 to 1982. He briefly worked as Administrative Officer at the Obafemi Awolowo University, Ile-Ife, afterwards in 1983 before landing the position of Senior Lecturer at the Department of International Relations, Obafemi Awolowo University.

Then, there was no turning back from the academic world. He was made a Visiting Senior Research Fellow at the Nigerian Institute of International Affairs, Lagos, from 1992 to 1993, and then, Associate Lecturer, Foreign Policy Academy, at the Ministry of Foreign Affairs, International Centre for Asian Studies.

In a 2019 interview he granted The Punch, Owoeye noted as follows as to what propelled his desire to establish his own university: “I have been in the university system for almost 37 years and 24 of those years were spent in the public university system. I was a professor at the Obafemi Awolowo University, Ile Ife, Osun State, and I noticed then that if one has passion for education, one should have seen some of the lapses (in the system), and some of those lapses one discovered can only be corrected if one is the head of the institution. I believe if you aspire to have a better university system, it is either you head the institution or you look for avenues to help create one where you can impact upon. That was what brought about the passion to work towards establishing a private university where the quest for excellence can actually be attained.”

Owoeye’s rich trajectory in the world of education is common knowledge, leading to his hold several high-profile positions in Obafemi Awolowo University.

Owoeye is married to his lovely wife, Emuleomo, whom he wedded in 1982, and they are blessed with three children; a son and two daughters.

Meanwhile, a special birthday soiree has been scheduled for March 1, his day of turning 70 proper, at Adeline Hall of the university. It promises to be the mother of all celebrations.

Having spent a lot of energy paying attention to education, Owoeye would love to be remembered as somebody who contributed to quality education (at the tertiary and non-tertiary levels) in this country.

Happy 70th birthday sir!

Photos: Tunde Bolarinwa

Boss Of The Week

Kojo Bonsu: Creating Ghana’s New Investment Face in China

Published

4 weeks ago

February 15, 2026

Eric

By Eric Elezuo

Schooled in varioius areas of human endeavour and administration, Mr Kojo Bonsu is an asset, not only to the Republic of Ghana, but the world in general. He has by every standard paid his dues to the development of his country, serving as the current Ambassador to the Peoples Republic of China, and having served in many other diverse areas including sports administration and entrepreneurship.

Presently, the face of the Republic in China has taken it upon himself to recreate the investment platform of Ghana in China, mandating the media to begin as a matter of urgency, to make Ghana the subject of focus in their reporting.

In other words, the Ambassador has appealed to the Chinese media to use their medium to promote Ghana. A call that resonate the general mantra of the government of President John Dramani Mahama

According to Bonsu, Ghana boasts of several business opportunities, therefore if the Chinese media take keen interest in Ghanaian issues, it would help attract investors from China to Ghana.

He insisted that the door of the Ghana Embassy in China is wide open to Chinese journalists, especially those who want to positively project Ghana.

Bonsu made the remarks while hosting a press soiree in Beijing, on behalf of the Ghana Embassy, which was graced by a number of prominent media institutions in China.

The programme was mainly used to promote Ghana’s upcoming 69th independence anniversary celebrations and also highlight investent opportunities in the country.

Kojo Bonsu, who is a former Kumasi Mayor, said Ghana is the safest, friendly and best country for any investor to do business, urging Chinese businessmen to heed his advice.

“The Chinese media institutions should henceforth partner with the Ghana Embassy in promoting trade and investment opportunities in both of our sister countries for growth.

“There are potential for growth in various sectors such as infrastructure, clean energy, Information Technology (IT) and Artificial Intelligence (AI), healthcare, minerals processing and agriculture,” Mr. Bonsu pointed out.

According to him, Ghana is a democratic nation, which has conducive atmosphere for businesses to flourish, stressing his desire to work and improve Ghana-China relations.

“Ghana is committed to strengthening ties with China. My country is a stable democracy, has business-friendly environment and rich cultural heritage,” Kojo Bonsu stated.

A native of Offinso, a town in the Ashanti Region of Ghana, Michael Kojo (Mensa) Bonsu, thoroughbred professional, both in politics and administration, was born to a respected Offinso Queen Mother and a military officer, among eight other siblings.

He had his Ordinary Level education at the Tamale Secondary School, between 1974 and 1979, where he developed the knack, desire and dream of becoming a football administrator.

Thereafter, he was admitted into the Drayton School in London, but could not immediately assume studies because of the several businesses he was handling at the time. However, between 1985 and 1990, when Bonsu joined giant sports kit manufacturers, Adidas, he enrolled into their football Business Unit at Herzogenaurach, Germany, and in the process obtained a Diploma in Sports Business and Marketing. Presently, he holds a Master’s Degree in International Relations.

After completing his training in sports Business and marketing, Bonsu worked with Adidas and became their first representative in West Africa and served as an Assistant Marketing Officer. He rose to become the kit maker’s manager in Ghana and the whole of West Africa. Within which period he brokered deals between the company and the Ghana football Association specifically the Ghana football national team.

Bonsu has nine biological siblings. They shared a home in Offinso, a town in Ghana’s Ashanti region, but as they grew older, their lives started to diverge. His mother was a respected Offinso Queen Mother who was wed to a rigid military officer.

Bonsu’s dexterity in all the things he has laid his hands, including the oil sector, on earned him a citation of honour in 2015 by Managing Director of GOIL, Mr Patrick A.K. Akorli as follows; “You were the key advocate on the board when the monumental decision to rebrand GOIL was taken – the results of which have seen GOIL being propelled to the number one position (retail) among oil marketing companies in Ghana”.

He served as the Managing Director of GOIL from July 2011 to February 2012.

In addition to his legacy of achievements, Bonsu is a director of Tamale-based club Real Tamale United. He was also an executive member of Asante Kotoko.

In 2003, he launched a bid to be the Ghana Football Association’s President. He went against former president of the GFA Kwesi Nyantakyi, politician and executive member of Accra Hearts of Oak, Vincent Odotei Sowah, a former FA vice-chairman, Joseph Ade Coker and former executive council chairman, Y.A Ibrahim. He subsequently lost to Kwesi Nyantakyi in the elections in December 2005.

An ardent supporter of Asante Kotoko and Premier side Tottenham Hotspur, in 2001, he founded and published Agoo Magazine, an African lifestyle magazine.

In January 2010, Bonsu was appointed board chairman of the National Sports Authority then a council under the Ministry of Youth and Sports. He is known and respected for spearheading the re-branding of the sports council until it subsequently became a sports authority.

In 2013, President Mahama nominated him for the position of Metropolitan Chief Executive for the Kumasi Metropolitan Assembly. He resigned in July 2016, following an issue with the Kumasi Traditional Council.

Among many other landmarks, Bonsu would be remembered building the first ever recreational facility, the Kumasi Rattray Park, and organizing the second largest event as part of the celebration of Ghana at 50, dubbed “Ghana As One Gala Night” at Ghana’s Black Star Square with International artists including The Whispers, Shalamar, Pat Thomas, AB Cresntil, Gyedu Blay Amboley, Paapa Yankson and Ola Williams.

It is also on record that in 2014, he secured a loan facility from the Deutsche Bank UAE through parliamentary approval to build the largest modern market in West Africa, the Kejetia Market, called the “Kejetia Dubai,” completed in 2017. He also built the Asawase market, Tafo market, and Atonsu-Agogo market. He renovated the Kumasi Prempeh Assembly Hall. Bonsu’s strides speak volumes.

Bonsu tried his hands at the presidency of Ghana in 2024, but could not win the ticket of his party as Mahama was the preferred choice.

Bonsu continues to exhibit great strides as a distinguished administrator, businessman and political juggernaut.