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Mrs. Onikepo Akande: Celebrating an Achiever @80

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Eric Elezuo

The Convention Centre of the Eko Hotel and Suites was a melting point of some sort recently when the who’s who in South West politics and industry thronged the arena in honour of one of Nigeria’s distinguished public servants, Chief (Mrs.) Onikepo Akande, as she celebrated her entry into the octogenarian club.

Among a list of the high class personalities that gave the gathering a touch of excellence were Her Excellency, the Wife of the Vice President, Hajia Nana Shettima; the Ooni of Ife, Oba Enitan Adeyeye Ogunwusi; Former Deputy Governor of Lagos State, Mrs. Adejoke Orelope-Adefilure; Chairman, Ovation Media Group, Aare Dele Momodu; Former Governor of Ogun State, Aremo Olusegun Osoba; publisher, Guardian Newspapers, Lady Maiden Ibru; Publisher, Vanguard Newspapers, Mr. Sam Amuka, Hajia Bola Shagaya, former Ogun State Governor, Senator Ibikunle Amosun and his wife; Senator Daisy Danjuma, Senator Florence Ita-Giwa, Senator Olorunimbe Mamora, Pastor Siju Iluyomade, CEO, Biscon Communications, Prince Bisi Olatilo; Erelu Abiola Dosunmu and many others.

Clad in the best of attires as the event lasted, the elated Otun Iyalode of Ibadanland and former Minister of Mines and Industry, was a gracious sight to behold as she welcomed invitees and special guests of honour.

THE WOMAN, ONIKEPO AKANDE

Formerly Onikepo Adisa, Mrs. Onikepo Akande (OON CON) was born on October 29, 1944 in Lagos. She is an economist, accountant and industrialist, who served as the President of the Lagos Chamber of Commerce and Industry and honorary life Vice-President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture.

A native of Ibadan, Oyo State, Nike is the first of four children of a royal family. She had her secondary school education at Queen’s School, Ede (now Queen’s School, Ibadan) after completing her basic education in Ibadan. She holds a B.Sc. in Accountancy from the North-Western Polytechnic (now University of North London) after graduating in 1968. She is also an alumni of the Harvard Business School and the International Institute for Management Development.

An accomplished traditional practitioner, Nike holds the title of “Ekerin Iyalode of Ibadanland”, a traditional chieftaincy position in her homeland. She is married to Chief Adebayo Akande, a business magnate and owner of Splash FM, Ibadan with whom she has children.

She is a renowned industrialist and economist, described by former President Goodluck Jonathan as “an inspiration”. A board member of Union Bank of Nigeria and PZ Foundation, she also serves as the Director of the National Insurance Corporation of Nigeria and the Nigeria Industrial Development Bank.

Not done with finding her worthy to serve on various fronts, on December 8, 2015, Nike was appointed Chairman of the NEPAD Business Group Nigeria, succeeding Chris Ezeh. She was appointed as the President of the Lagos Chamber of Commerce and Industry, on December 5, 2015.

At her investiture, the wife of the then President, Mrs. Aisha Buhari, said of her that Nigeria needs nothing less from a two time minister as she pledged a vibrant private sector. The then outgoing President of LCCI, Mr. Remi Bello, also considering her pedigree, said ‘she’s bringing rich blend of public, private sector experience to bear on LCCI’, a trust she had not failed ever since being the second woman president of the organization in its 127 years of existence.

In her speech at the event, Mrs. Akande did not leave anyone in doubt as regards where her priority lies. This is espoused as follows:

“We need the private sector to generate employment to address the acute and frightening unemployment, poverty and insecurity in our society; we need a virile private sector to make Nigeria a respected country in the comity of nation.

“We would not relent in our advocacy to promote a conducive environment for the private sector to play the role expected of it in the realisation of the Nigerian vision.”

That is the kind of passion she has to see that the average Nigerian is well catered for and given the good he deserves.

A peep into her life and times showed that she was appointed Minister of Industry, Federal Republic of Nigeria in December, 1997 and re-appointed to the same Ministry in August, 1998. This made her a two-time Minister of Industry under different administrations. She was the first Nigerian woman to become Minister of Industries. This was not surprising to many who knew her as a strong believer in the philosophy that industrialization is the key to economic development, poverty alleviation and eradication, as well as employment generation.

At an event in Addis Ababa, Ethiopia in 1998, she was awarded the African Federation of Women Entrepreneur Award. In 2003, she was conferred as an Officer of the Order of the Niger (OON). Nike is also a recipient of the national honour of the Commander of the Order of the Niger (CON) since 2014.

A seasoned business administrator and accountant, she has evolved in the near two decades as noteworthy industrialist in the economic landscape of Nigeria.

Many boardrooms have been graced by the presence of this amiable accomplished woman. She had been the Director of Nigerian Industrial Development Bank (NIDB), a member of the Board of Trustees, of the National Center for Women Development; member, panel to study and re-organize both the Nigerian National Petroleum Corporation (NNPC) and Trust Investment Company Limited Ibadan; Director of National Insurance Corporation of Nigeria (NICON).

Mrs. Akande is not the type to come to office without leaving a mark of positive affection on both the office and the people. One of her major achievements in office was the revamping of the Onigbolo Cement Company, a Nigeria-Benin Republic joint venture to its present level of profitability.

She also particularly emphasized the adoption and revitalization of Industrial Development Centres (IDCs) across the nation, to support and help the informal sector operators in Nigeria in order to boost industrial productivity.

In December 1998, she broadened Nigerians Industrialization effort by successfully signing an Investment Promotion and Protection Agreement with Romania and Bulgaria – a co-operation which Nigeria is still benefiting from till today.

A fulfilled person, she said this of herself, “I am a fulfilled and happy person. That is why I always smile because I thank God. I have a special song which I always sing: ‘Elo ni mo san, fun Oba ogo, elo ni Jesu mi gba, fun ore re lori mi’.”

Recollecting what gave her the impetus to aim so high, and achieve so much, she said: “Being the first child, leadership was thrust at me when my mother died. I used to take her place during the extended Aboderin family meetings where I sat with big people. I’ve always been ambitious and as a child, my mother hired a private teacher for extra-moral classes for me. One day, he was talking about the death of a Minister, Bode Thomas then. I was interested in the story, and I told him I would be a minster in this country someday. When I became a minister, he came to look for me at the ministry to remind me of this.”

She believes that winning is a product of niceties: “To win in life, you have to be nice to people and help them as much as possible. Moreover, I am still contributing my quota to the development of Nigeria. I was at Queen’s School, Ibadan to see the principal sometime and I saw that the administrative block was not looking nice. I promised to do something and being on the board of PZ Foundation, I requested help for my alma-mater and they constructed a brand new administrative block.”

Her pedigree is endless, and that is why she is worthy of the boss of the week. Happy 80th Birthday ma!

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Tinubu Presents N47.9trn 2025 Appropriation Bill to NASS

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President Bola Tinubu, on Wednesday, presented the proposed 2025 federal budget to a joint session of the National Assembly.

The N47.9 trillion budget saw a whopping N3.5 trillion allocated to the education sector.

Other sectors that got higher allocations include defence and security – N4.91tn, infrastructure – N4.06tn and health – N2.4tn.

“It is with great pleasure that I lay before this distinguished joint session of the National Assembly, the 2025 Budget of the National Assembly of Nigeria titled, ‘The Restoration Budget’ security peace, building prosperity,” Tinubu said as he concluded his 30-minute presentation at 1:10pm.

This budget highlights the government’s focus on improving education, healthcare, and infrastructure, in line with its ‘Renewed Hope Agenda’ aimed at boosting the economy and addressing key national priorities.

The live broadcast of the budget presentation today revealed the government’s plans for the next fiscal year. With a strong emphasis on human capital development, the president highlighted the budget’s commitment to improving the nation’s economic foundation.

Education sector receives major funding 

A significant portion of the 2025 budget is dedicated to education, with N3.5 trillion allocated to the sector. President Tinubu stated that part of this funding would be directed toward infrastructure development, including support for Universal Basic Education (UBEC) and the establishment of nine new higher educational institutions.

We have made provision for N826.90 billion for infrastructural development in the education sector,” Tinubu said.

This allocation aims to improve educational facilities and support ongoing efforts to strengthen Nigeria’s educational system.

Focus on human capital development 

During the presentation, the president emphasized the importance of investing in Nigeria’s human capital. “Human capital development, our people are our greatest resource. That is why we are breaking record investment in education, healthcare, our social services,” he remarked.

Tinubu also pointed to the N34 billion already disbursed through the Nigerian Education Loan Fund (NELFUND) to assist over 300,000 students.

The budget includes continued investments in healthcare and social services as part of the broader goal of enhancing the quality of life for Nigerians.

Strengthening the economy and national security 

Tinubu highlighted that the 2025 budget is designed to build a robust economy while addressing critical sectors necessary for growth and security.

“This budget reflects the huge commitment to strengthening the foundation of a robust economy, while addressing the critical sectors essential for the growth and development we envision; and secure our nation,” he said.

The budget aims to tackle key challenges and foster long-term economic stability by prioritizing infrastructure and development in key sectors.

Healthcare and social services allocations 

In addition to education, Tinubu focused on the allocation for healthcare and social services. The government plans to increase investments in healthcare infrastructure and services to ensure broader access to essential healthcare for Nigerians.

These investments are part of the administration’s strategy to improve overall living conditions and enhance public health across the country.

President Tinubu’s proposed 2025 budget is said to reflect the administration’s commitment to achieving its development objectives, with a focus on economic growth, human capital development, and infrastructure improvement.

As the National Assembly reviews the budget, the president reiterated his administration’s resolve to address the nation’s most pressing needs.

Source: Nairametrics

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Ghana’s President-elect Mahama Visits Tinubu in Abuja

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Ghana’s President-Elect, Dr. John Dramani Mahama, a courtesy visit to President Bola Tinubu at his residence, Presidential Villa, State House on Monday.

Mahama

Mahama won 56 percent of the votes in this month’s presidential election, compared to the ruling party candidate and Vice President Mahamudu Bawumia, who secured 41 percent.

Mahama

The landslide comeback for former president Mahama ended eight years in power for the New Patriotic Party (NPP) under President Nana Akufo-Addo, whose last term was marked by Ghana’s worst economic turmoil in years, an IMF bailout and a debt default.

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I Stand by What I Said, Kemi Badenoch Replies VP Shettima

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The leader of the United Kingdom’s Conservative Party, Kemi Badenoch, has lashed back at Vice President Kashim Shettima over the latter’s reaction to her comments about Nigeria.

Badenoch was born in the UK in 1980 to Nigerian Yoruba parents.

Badenoch, who attained age 16 in Nigeria before departing the country for the UK where she was elected Conservative Party’s leader, described Nigeria as a nation brimming with thieving politicians and insecurity.

However, Shettima, while speaking at the 10th Annual Migration Dialogue at the Presidential Villa in Abuja on Monday, December 9, 2024, accused Badenoch of “denigrating her country of origin” with her remarks.

The vice-president listed influential people whose families had migrated to other countries, commending former UK Prime Minister Rishi Sunak as a “brilliant young man who never denigrated his nation of ancestry.”

Reacting on Wednesday, Badenoch lashed back at Shettima, saying she doesn’t do “PR for Nigeria”.

Her spokesperson, as the Tory leader, according to UK Express, said: “Kemi is not interested in doing Nigeria’s PR; she is the Leader of the Opposition in the UK.

“She tells the truth; she tells it like it is; she isn’t going to couch her words. She stands by what she said.”

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