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Elumelu in Jaji, Tasks Leaders on Lasting Legacies for Coming Generation

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9 years ago

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Jaji 1: Chairman, Heirs Holdings and Guest Speaker, Mr. Tony Elumelu (middle); Commandant, Armed Forces Command and Staff College, Jaji, Air Vice Marshall Suleiman Abubakar Dambo ; and Deputy Commandant, Armed Forces Command and Staff College, Jaji, Rear Admiral Ifeola Mohammed ), flanked by the course participants of the Senior Course 40 of the Armed Forces Command and Staff College, during the Guest Lecture Series of the College where Elumelu delivered a paper titled “Leadership: Private Sector Perspective”, in Jaji, Kaduna, yesterday.

 

 The Nigerian military has been applauded for their zeal and commitment towards ensuring the protection of Nigeria’s territorial integrity and the fight against insurgency in some parts of the country. The Chairman of Heirs Holdings, Mr. Tony O. Elumelu gave the commendation while delivering a lecture on Tuesday at the Armed  –  -Forces Command and Staff College, Jaji, Kaduna, attended by officers of the rank of  Majors across the Nigerian Armed Forces.

Delivering a speech with the title “Leadership: the private sector perspective”, Elumelu, while acknowledging the pivotal being played by the military said that the military institution has contributed immensely to the unity and peace in the nation. According to him, the development of any nation is assured by the quality of its armed forces among other public institutions. “The Nigerian Military gives us hope in this country. The facilities I see here are comparable to any I have seen in Europe and the US,” Elumelu said.

While sharing his thoughts on leadership in the private sector, Elumelu stated that there is no difference between private and public sector leadership, rather, the focus of leaders should be on mapping out a vision and mobilising people to fulfil the vision. “ The public sector leaders, likewise their counterparts in the private sector must understand that to succeed in business or public service, they have to lead well. Leaders who succeed are those who think legacy,” Elumelu affirmed.

He further reiterated the responsibility of leaders to galvanise change and development, charging those present to think of leaving a lasting legacy behind for generations to come “to prove to the world that this is not a wasted generation’.

Chairman, Heirs Holdings , Tony Elumelu addressing journalists after delivering lecture at the Guest Lecture Series of the Armed Forces Command and Staff College, Jaji where Elumelu delivered a paper titled “Leadership: Private Sector Perspective” at the background are participants

Elumelu’s speech affirms his stance of the private sector taking a more proactive role in the development of Africa, embodied in his philosophy called Africapitalism. He encouraged the students to become leaders of purpose as leadership is not by accident, rather, leaders are made. “People do not buy into a vision they do not understand; they buy into a vision and mission that resonate with them,” he said.

Chairman, Heirs Holdings , Tony Elumelu delivering a paper to the course participants of the Senior Course 40, titled : “Leadership: Private Sector Perspective” at the Armed Forces Command and Staff College, Jaji

Responding to the speech, the Commandant of the Armed Forces Command and Staff College, Air Vice Marshal Suleiman Abubakar Dambo, appreciated Elumelu’s perspective on leadership. “We are delighted to have in our presence an embodiment of knowledge, visionary leadership, and above all, an encyclopaedia of leadership,” he said.

“I agree that leaders are made not born. Otherwise, how do you explain an individual having a conglomerate, multi-national corporations in 20 African countries and doing very well in those countries, in so many sectors ranging from the financial sector, oil and gas, real estate, and so on?” he asked. 

The Commandant concluded by appreciating Elumelu’s generosity in sharing his leadership knowledge with the students of the college. 

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Alpha Morgan Bank Reinforces Commitment to Education at Redeemer’s University Business School Commissioning

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1 day ago

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April 7, 2026

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Alpha Morgan Bank Reinforces Commitment to Education at Redeemer’s University Business School Commissioning

Alpha Morgan Bank has reaffirmed its commitment to education and institutional development through its support for the commissioning of the Redeemer’s University Business School.

The Business School was officially inaugurated by Pastor (Mrs.) Folu Adeboye, at the commissioning ceremony attended by distinguished guests including Her Excellency, Mrs. Bola Obasanjo; the Pro-Chancellor and Chairman, Governing Council of Redeemers University, Professor Oluwatoyin Ogundipe; the Vice Chancellor, Professor Shadrach Olufemi Akindele; and other notable dignitaries.

Speaking at the event, the Managing Director of Alpha Morgan Bank reiterated the  Bank’s commitment to supporting institutions that drive intellectual growth and national development.

As part of its broader focus on knowledge sharing and thought leadership, Alpha Morgan Bank will host its Economic Review Webinar in May 2026, bringing together experts to share insights on key economic trends and opportunities.
The Bank’s involvement reflects its continued dedication to empowering institutions and shaping the future of business and leadership in Nigeria.
Read more about Alpha Morgan Bank on www.alphamorganbank.com

 

 

PHOTO

L-R: Prof. Shadrach Olufemi Akindele, Vice Chancellor, Redeemers University, Engr.  Eloka Eje, Dr Perez Araka, Pastor (Mrs) Folu Adeboye, Mother-In-Israel, The Redeemed Christian Church of God, Mr Ade Buraimo, MD/CEO Alpha Morgan Bank, Dr (Mrs) Oluwatomi Somefun, Dr. Simeon Ifere, at the inauguration of the Redeemer’s University Business School, Redemption City, Ogun State on Thursday 2nd April, 2026

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Tinubu Aide Rebuts Rufai Oseni Over ₦3.3tn Power Debt Deal

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2 days ago

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April 7, 2026

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Otega Ogra: Online Misinformation Endangers Public Trust and Stability

Tinubu Aide Rebuts Rufai Oseni Over ₦3.3tn Power Debt Deal

The Presidency has strongly refuted allegations of “accounting fiction” and misinformation surrounding Nigeria’s ongoing power sector financial reforms.
O’tega Ogra, Senior Special Assistant to President Bola Ahmed Tinubu on Digital and New Media, took to social media to challenge comments made by Rufai Oseni, accusing the broadcaster of misrepresenting government efforts to resolve legacy debts in the electricity value chain.
At the heart of the dispute is the reconciliation of longstanding debts owed to Generation Companies (GenCos) and gas suppliers—an issue that has long constrained liquidity within Nigeria’s electricity market.
₦1.4 Trillion Reduction Explained
Responding to criticism over debt figures, Ogra clarified that total legacy obligations were reduced from ₦4.7 trillion in initial claims to a verified ₦3.3 trillion, representing a roughly 30% reduction.
“That is not spin. It is the difference between a claim and a verified obligation,” Ogra stated.
“In a regulated electricity market, submitted claims must be validated against contracts, market rules, and settlement records.”
Ogra also outlined tangible progress under the reform program, emphasizing that it has moved beyond “paper restructuring” to actual financial disbursements:
₦1.23 trillion structured under Phase I
₦501 billion already raised for the first series
₦223 billion disbursed to GenCos and gas suppliers
₦197 billion currently being processed
As of March 31, 2026, eight GenCos—covering 17 power plants—have signed settlement agreements totaling ₦2.28 trillion.
According to Ogra, the reform timeline, from President Tinubu’s July 2024 directive for a sector-wide review to Federal Executive Council approval in August 2025, demonstrates a deliberate push for transparency in a sector historically plagued by opacity.
“The real question is whether the final figure reflects verified contractual exposure. That is exactly what the review process was designed to achieve,” he said.
While defending the administration’s approach, Ogra acknowledged that clearing debts alone will not resolve Nigeria’s electricity challenges. He noted complementary reforms underway, including:
Tariff alignment based on service quality
Nationwide metering expansion
Improved payment discipline
Targeted subsidies for vulnerable citizens
In a pointed remark, he urged media commentators to distinguish between incomplete progress and misinformation:
“This is not the end of the problem, but it is a structured attempt to fix it.”
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Aare Adetola Emmanuelking Welcomes President Tinubu to Gateway International Airport Commissioning in Iperu-Remo

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4 days ago

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April 4, 2026

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Aare Adetola Emmanuelking Welcomes President Tinubu to Gateway International Airport Commissioning in Iperu-Remo

 

In a momentous occasion that underscores the rapid infrastructural advancement of Ogun State, renowned real estate mogul and philanthropist, Aare Adetola Emmanuelking, warmly received the President of the Federal Republic of Nigeria, Bola Ahmed Tinubu, at the official commissioning of the Gateway International Airport, located in Iperu-Remo.

The landmark event, held under the visionary leadership of the Ogun State Governor, Dapo Abiodun, marks a significant stride in the state’s economic transformation agenda, positioning Ogun as a key hub for aviation, commerce, and investment in Nigeria.

Aare Emmanuelking, who is also the Chairman/CEO of Adron Homes and Properties, commended the Ogun State Government for its foresight and commitment to infrastructural excellence. He described the airport project as a “game-changer” that will not only boost connectivity but also stimulate real estate growth, tourism, and industrial expansion across the region.

Speaking during the commissioning, President Tinubu lauded Governor Abiodun’s administration for delivering a world-class facility that aligns with the Federal Government’s Renewed Hope Agenda, emphasizing the importance of strategic infrastructure in driving national development.

The Gateway International Airport is expected to serve as a critical gateway for investors and travelers, further enhancing Ogun State’s reputation as one of Nigeria’s most business-friendly environments.

The presence of top dignitaries, industry leaders, and stakeholders at the event underscores the project’s significance and its anticipated impact on the state’s socio-economic landscape and beyond.

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