Connect with us

news

Pendulum: Not Too Young To Run, Not Too Young To Do Business

Published

on

 

 

 

By Dele Momodu

Fellow Nigerians, one of the hottest slogans in our country today is “not too young to rule.” I agree absolutely. When I was approached recently by one of the exponents of this campaign, Mr Dayo Israel to be precise, I wasted no time in lending my voice, and my column to propagate what for me is the only way forward for the development of our dear nation. The reason for my excitement and willingness to contribute in my own little way towards proclaiming the message of the youths was simple. I was born in 1960, the year of our Independence. I grew up in an era when the destiny of Nigeria was controlled largely by people in their twenties and thirties. Those forty years and over, tended to take a back seat, in an avuncular or patriarchal mode and allowed the young Turks to have the field. This was because they believed that their time had passed and, that the younger generation that was to live the future, needed to be in control of that future. It was such a golden era that held out great promises to the future we all dreamt of and have been dreaming about ever since. But partly for the evil invasion of military coups, and the disastrous civil war that left our Eastern parts ravaged and devastated, I’m reasonably certain that Nigeria would have gone very far in the comity of nations by now. The same mindset that had led to those young “elders” to vacate the scene for vigorous, vibrant and vivacious young leaders would have continued to hold sway for the mutual benefit of our citizens and the country at large.

However, what has happened is that some of the young people who held sway at that time, are still very much around, ruling directly or by proxy. Their position is strengthened by the decimation of our erudite and visionary political elite by military miscreants who were only interested in feathering their nests and self-preservation. Therefore, we have a few inept and ineffectual leaders in power, who still want to govern Nigeria, when they are nearer 80 than 70. In a country of extremely gifted and undoubtedly brilliant young men and women, this should give us cause for grave concern. I’ve listened to arguments from rabid gerontocrats who tell us that the young of today have not justified their agitation for power to be handed over to them. They point fingers at some young Governors and Ministers who bungled their privileged assignments and looted the treasury dry. I agree that there are some notorious youthful leaders who have misbehaved badly! But there must be an opportunity for evolution and atonement and it is not all doom and gloom.  This is particularly more so, because it is the mediocrity, buffoonery and lack of merit of these geriatric leaders that has brought those they now accuse to the fore.

We should therefore consider the pedigree of those youthful delinquents before we burden our youths with their shame. They emerged in the first instance due to our lackadaisical attitude to politics. I believe that the lackadaisical attitude was fostered by the debilitating years of military misrule and the penchant of the soldiers for undertaken failed democratic exercises just to assuage our hunger for civilian rule. Thereafter, once upon a time, and even at this moment, many of us came to believe that politics is the exclusive preserve of nonentities and never-do-wells. Since we cannot eat our cake and still have it, we should understand that the dregs of society we throw up would ultimately be the leaders we deserve, but the rulers we deride. I believe Nigeria deserves much better and we have many youthful and upwardly mobile people around today. This was the basis of my excitement when I first encountered Mr Akinwunmi Ambode over four years ago at a location on Glover Road Ikoyi.

Mr Ambode had shared his vision with me on that occasion in the presence of Mr Idowu Ajanaku, and the first thing that struck me about him was his humility and simple mien. He demonstrated beyond doubt that he knew his onions. He discussed ideas and a vision for a Lagos State that would be the pride of the nation in the development of infrastructure, social amenities and above all communal responsibility. He was of the view that if Government delivered on its pledges to the people by providing them with social amenities and welfarist programmes, the people would eventually rise up to the challenge, and perform their civic duties by paying taxes and treating amenities and infrastructure of the State as if it was their own to be cared for and nurtured. This was probably the accountant and financial adviser in him talking from an impressive background of practical experience. Ambode’s intimidating resume was, therefore, another attraction for me. I love cosmopolitan leaders who have had the dual opportunity to school at home and abroad; well-travelled and very exposed to new ways and means of doing things. While such people need political platforms to realise their dreams and vision, politics, for them, can never be the only priority. They just want to get the job done and move on to the next project. In about three years of attaining power, even his most vociferous and acerbic critics admit, privately and, oftentimes, publicly, that Mr Ambode has shown enough verve, vigour and promise of a greater tomorrow for our country. He has made his generation proud. Since no human being is perfect, the Governor of Lagos has made his own mistakes and I’m elated that he has found the uncommon courage to retrace his steps. That is the hallmark of a true leader – the one who errs and swiftly admits the error and makes amends. There is no use stubbornly and irascibly clinging to a mistake that can easily be cured simply because you do not want people to believe that you are fallible, when fallibility is merely a human trait.

All manner of ideas and suggestions are available to a leader. More often than not, not all government advisers share the vision of their principal. As a matter of fact, different people go into politics with different motives and mind-sets. A good leader would have to sift the wheat from the chaff, and swim or perish. Governor Ambode like a supersonic jet has entered his fair share of turbulence. The most raging, and mother of all, controversies, in Lagos right now, is the appointment of a company called Visionscape to take over a substantial chunk of waste management in Lagos State. Both Ambode and the waste managers have almost been wasted by those vehemently opposed to Visionscape and, possibly, Ambode himself. If anybody thought it was a joke that would soon blow over, they were wrong in underrating the determination, and total opposition, of those who felt short-changed by the new deal.

On a personal note, I experienced their fury after I posted an innocuous endorsement of Governor Ambode for a second term on my Instagram page. In this season of intolerance and cheap blackmail, the voltrons, as we call them, descended upon my page to throw darts , barbs and even missiles at Ambode and his supposed friend, Mr Adeniyi Makanjuola. I read that the whole of Lagos State has been taken over by garbage and filth. Some of the comments forced me to search other sites and I looked for any available information about this company they called unprintable names. What I unearthed was quite depressing. In fact, it scared me about what the future holds for our dear beloved country. It seems we have lost our ability to dialogue and understand each other forever. The unsubstantiated and unjustified ferocious attack on Adeniyi and his company made me to shudder with trepidation. I will tell you why.

I had read that Visionscape was a cheap company that lacks the capacity to handle the magnitude of the filth that a megacity like Lagos would generally generate. I doubt if anyone cared to probe further because my findings reveal otherwise. Unfortunately, social media thrives largely on self-help publications, imaginary and sometimes illusionary artificial and virtual reality. You need no education, exposure, job experience, known address or any advanced publishing technology to disseminate your drivel, jibes and even falsehoods. Your smartphone and sufficient data would achieve what all newspapers would never be able to distribute these days. And the more salacious the stories, the quicker they go viral.

Our youths who want to lead Nigeria should find pride, without prejudice, in Adeniyi Makanjuola of Visionscape. I have no doubt that whatever the challenges he may be facing today, he has a very bright future ahead. He comes from a background of serial investments, ranging from aviation to oil & gas, energy, finance and environmental utilities. Before returning to Nigeria at the age of 23, Adeniyi had completed his degree in Financial Economics from the University of Essex and obtained an M.Sc. in Urban Planning and Development from the University College London. On his return, he dabbled into aviation after discovering a lacuna in the onshore helicopter services business. What started like a hobby soon blossomed into a major player in the market place. Caverton Helicopters boasts of probably the single largest fleet of ultramodern helicopters in sub-Saharan Africa. Adeniyi has his fingers in many pies. His dream is to surpass the Dangotes, Adenugas and Elumelus of Africa. His foray into business has been passionate, rapid, remarkable and audacious.

Adeniyi and Harry Ackerman have worked closely in mining, oil & gas exploration in West Africa and the Middle East. The duo became partners as far back as 2009 after the latter suffered an excruciating injury in his fledgling rugby career. State-led strategies and privatisation of public utilities inspired Adeniyi to venture into familiar territories in Africa. Lagos being one of the 26 mega cities in the world is a natural place to be. The duo teamed up with local Emirati, Ali Ahli and led Visionscape Group, an environmental utility company, into the market to tackle the herculean task of cleaning up what was previously described as one of the dirtiest cities in the world. These ambitious entrepreneurs are poised to employ over 30,000 employees now, and much more later. It is not a joke. The anticipated turnover runs into billions, and naturally, there must be a lot of keen and vested interest as well as corporate disenchantment and envy. Indeed, it has been a battle of wits since they came into the high-wired deal that they agreed with the Lagos State Government.

Clearly those that have championed the campaign of calumny against Visionscape and Ambode know what they are doing and what they seek to achieve.  They have been able to find support in people of like minds who can see no good in whatever others do to develop their environment and space.  However, what they fail to realise is that for those for whom progress is the watchword, the sky can only be the limit. The venom of detractors only serves as an impetus to propel them to greater heights. I am not an apologist for Ambode and Visionscape but it seems to me that where great vision and courage has been shown, our duty is to give those involved a chance rather than condemn them form the outset.

Ambode and Visionscape should be content in the knowledge that those that have had eureka moments have never really been recognised and honoured in their own time. As the saying goes, time will tell!

 

Continue Reading
Advertisement
Click to comment

You must be logged in to post a comment Login

Leave a Reply

news

From Construction Sites to Community Service: Temitope Akinyemi Emerges as a Model of Leadership and Impact

Published

on

In an era where integrity, excellence and strong moral values appear to be diminishing among many young professionals, Temitope B. Akinyemi has carved a niche for himself as a disciplined professional, visionary entrepreneur and committed political stakeholder whose influence continues to grow across multiple sectors.
Temitope Akinyemi currently serves as the Chief Executive of several thriving companies amongst which is Rencon PDC Ltd, operating within the building, civil engineering construction and procurement sector. Known for his result-driven leadership and strategic foresight, Akinyemi has built a reputation for delivering value, fostering organisational success and driving competitive growth within Nigeria’s built industry.
With close to two decades of professional experience, Akinyemi’s career reflects a blend of technical competence and managerial excellence. He honed his professional skills while working with reputable organisations including Portland Renovations and Construction Limited, Leadway Assurance, and Pixels Digital Systems Limited.
These experiences not only sharpened his expertise but also enabled him to nurture and mentor a team of young professionals within the construction and engineering ecosystem.
Akinyemi is an alumnus of Obafemi Awolowo University, Ile-Ife, where he laid the academic foundation for his career.
His commitment to continuous learning has taken him across some of the world’s most respected institutions. He attended the Owner Management Programme (OMP) jointly delivered by the Lagos Business School and Strathmore Business School in Kenya, while also earning certifications in Construction Project Management and Investment Management from the University of Cape Town.
Further strengthening his academic and professional credentials, Akinyemi obtained a Public Policy Certificate from the Harvard Kennedy School of Government in the United States, alongside certifications in Construction Management and Construction Estimation from George Brown College, Toronto, Canada. He is also currently concluding a Master of Business Administration (MBA) in Energy and Sustainability at Universidad Católica San Antonio de Murcia (UCAM), Spain
His professional affiliations reflect his deep engagement with the industry.
 Akinyemi is a member of the Nigerian Institute of Building, the Lagos Chamber of Commerce and Industry (LCCI), the Nigerian Institute of Management (NIM) and the Institute of Management Consultants (IMC).
Socially, he is also an active member of elite recreational institutions including the Ikoyi Club and the Ikeja Golf Club.
Beyond business and professional accomplishments, Temitope Akinyemi has steadily built a reputation as a grassroots-oriented political figure within the All Progressives Congress (APC).
His political journey gained significant visibility in 2018 when he contested the APC House of Assembly ticket, using the opportunity to engage extensively with party members across wards while presenting a vision centred on improved welfare and holistic community development.
Although the primary contest did not culminate in electoral victory, Akinyemi’s engagement left a lasting impression within the political structure of the local government. His dedication and influence earned him a role in the Lagos State APC Campaign Committee in 2018, and later a more strategic appointment in 2022 as a member of the Presidential Campaign Committee that contributed to the emergence of President Bola Ahmed Tinubu.
Driven by a passion for community service, Akinyemi has consistently supported vulnerable members of society through various empowerment and welfare initiatives. He regularly distributes food items, relief materials and financial assistance to elderly citizens, widows, youths and indigent children within his community, demonstrating a practical commitment to social responsibility.
In preparation for the 2023 general elections, Akinyemi also launched the Temitope Akinyemi Political Empowerment Programme, a strategic initiative designed to strengthen party structures and motivate grassroots members.
Through the programme, 183 party faithful, ward chairmen and elderly party members received financial support as recognition for their loyalty and dedication to the party.
The initiative not only reinforced party unity but also inspired new members to actively participate in the political process.
Today, Temitope B. Akinyemi stands as a blend of professional excellence, political engagement and humanitarian service a leader whose journey from the construction sector to community development initiatives reflects a consistent commitment to impact and progress.
As Nigeria continues to seek forward-thinking leaders capable of bridging business innovation with public service, Akinyemi’s trajectory offers a compelling example of how professionalism, education and grassroots connection can combine to shape meaningful leadership.
Continue Reading

news

Energy experts defend Dangote, blast marketers over blackmail attempt on fuel price hike

Published

on

DESPERATE NIGER BEGS NIGERIA FOR FUEL AMID CATASTROPHIC SHORTAGE!

 

Energy experts in Nigeria’s downstream petroleum sector have defended the pricing structure of the Dangote Petroleum Refinery, accusing some fuel markers of attempting to blackmail the refinery and mislead the public over the recent increase in petrol prices.

The experts said reports suggesting that the refinery’s latest adjustment is solely responsible for the recent hike in fuel prices were misleading, noting that importers are also bringing in petrol at almost a N1,000 per litre, while the refinery’s coastal price is N948 and the gantry or ex-depot price stands at N995 per litre.

They stressed that public comparisons fail to consider the differences in pricing structures and supply channels.

According to the experts, N948 per litre represents the coastal delivery price, which refers to petroleum products transported by marine vessels or barges from the refinery to depots along the coastline. On the other hand, N995 per litre represents the gantry or ex-depot price, which is the rate paid by marketers who load petrol directly from the refinery into tanker trucks at the loading gantry for onward distribution across the country.

The experts explained that the two figures should not be interpreted as conflicting prices but rather as different logistics arrangements within the petroleum distribution chain.

Speaking with our correspondent on Sunday, energy expert David Okon said the pricing adjustments were inevitable given prevailing market conditions.

According to him, Dangote Petroleum Refinery & Petrochemicals operates in a deregulated market and procures crude at international prices, which have risen sharply due to geopolitical tensions in the Middle East.

“The refinery is already absorbing part of the cost to cushion the impact of the crisis on Nigerians. We can see what is happening in other parts of the world where shortages and scarcity are being reported despite higher prices, yet the Dangote Refinery has continued to guarantee domestic supply,” he said.

Okon explained that when the refinery previously sold petrol at N774 per litre, crude oil was landing at about $68 per barrel. However, with crude now arriving at roughly $95 per barrel, the cost difference of about $27 per barrel translates to nearly N40,000 per barrel when converted to Naira.

“You cannot expect a refinery to continue selling at the old rate under those circumstances,” he added.

“If imported products were truly cheaper, importers would still be selling at the previous prices.”

He warned that without local refining capacity, Nigeria could have faced severe fuel shortages, long queues at filling stations and a resurgence of black market sales.

“Without the Dangote Refinery, many filling stations would likely shut down, queues would return across the country and black market traders would exploit the situation, hawking four litres keg at N20,000 or more. The refinery has effectively prevented that scenario,” he said.

Another analyst, Mohammed Ibrahim, also faulted narratives circulating in some quarters suggesting that the refinery’s pricing adjustment was responsible for worsening economic hardship in the country.

Accusing some importers of attempting to manipulate public perception, he said, “What we are seeing is nothing but deliberate blackmail by some fuel importers who feel threatened by local refining.

“They are twisting the pricing structure to mislead Nigerians and create unnecessary panic in the market.

“By exaggerating the refinery’s gantry price and ignoring the comparable costs of imported fuel, they are trying to make it appear as though Dangote Refinery is the cause of rising prices and economic hardship. This is a calculated attempt to protect their import businesses and undermine local refining, which is meant to reduce our dependence on imported petrol.”

Ibrahim added that such narratives were aimed at portraying the refinery as the reason Nigerians were struggling with higher petrol prices.

He stressed that petrol pricing in Nigeria is largely influenced by global crude oil prices, exchange rate fluctuations, and distribution logistics, noting that these factors affect both locally refined and imported fuel in the country’s deregulated market.

Afolabi Olowookere, Managing Director and Chief Economist at Analysts’ Data Services and Resources (ADSR) Limited, explained that although Nigerians expect refined products from the refinery to be significantly cheaper, prevailing market realities such as global crude oil prices, the cost of crude supply and refining margins make substantial price reductions unlikely in the short term.

“Therefore, improving domestic crude allocation to the refinery would strengthen supply stability and enhance the long term benefits of local refining for the economy,” Olowookere noted.

Recent conflicts in the Middle East and disruptions along key shipping lanes have tightened global oil supply, pushing crude prices past $90 per barrel, a development that directly raises the cost of both imported and locally refined petrol in Nigeria.

The unrest has pushed up fuel costs and transportation in several countries, including Ghana, the United States, the United Kingdom, South Africa, India, Canada, Brazil, Germany, France, and Japan, as rising crude prices increase the cost of refining, distribution, and logistics globally.

Continue Reading

news

CHETACHI NWOGA-ECTON EMPOWERS 300 WIDOWS IN IMO

Published

on

CHETACHI NWOGA-ECTON EMPOWERS 300 WIDOWS IN IMO

 

A renowned humanitarian and proud daughter of Mbaise in Imo State, High Chief (Dr.) Princess Chetachi Nwoga-Ecton, has empowered over 300 widows and vulnerable women across the Owerri Zone, in a remarkable demonstration of compassion and service to humanity.

 

CHETACHI NWOGA-ECTON EMPOWERS 300 WIDOWS IN IMO

 

The empowerment programme, which took place at the Palace of the Eze of Ngor Okpala, HRH Eze Engr. Fredrick Nwachukwu, brought together community leaders, traditional rulers, women groups and beneficiaries from different communities within the zone.

 

During the event, the widows received food materials and cash support, aimed at helping them meet basic needs and strengthen their small-scale businesses.

 

CHETACHI NWOGA-ECTON EMPOWERS 300 WIDOWS IN IMO

The initiative was widely applauded as a timely intervention to support women who often face severe economic hardship after losing their spouses.

 

 

Many of the beneficiaries expressed heartfelt appreciation to High Chief (Dr.) Nwoga-Ecton, describing the empowerment as a lifeline that would help them take better care of their families.

 

 

Some widows, while offering prayers for the philanthropist, noted that the gesture had restored hope and dignity in their lives.

 

 

Fondly known as Ada Imo and Adaure, High Chief (Dr.) Princess Chetachi Nwoga-Ecton has earned widespread admiration for her consistent humanitarian efforts both within Nigeria and internationally.

 

 

Through her philanthropic activities and foundations, she has continued to support widows, children, and vulnerable communities with interventions in healthcare, welfare and economic empowerment.

 

Community stakeholders who attended the programme commended the Mbaise-born philanthropist for her generosity and dedication to uplifting the less privileged, noting that her actions reflect true leadership and compassion.

 

 

Observers say the initiative further reinforces her growing reputation as one of the most impactful humanitarians of this generation, whose commitment to humanity continues to inspire hope across Imo State and beyond.

Continue Reading

Cover Of The Week

Trending