Category: Society

  • I now dedicate time to evangelism —FCMB founder Subomi Balogun

    I now dedicate time to evangelism —FCMB founder Subomi Balogun

    Otunba Subomi Balogun is the founder of First City Monument Bank (FCMB). He is a prince of the Ijebu Kingdom and an accomplished businessman. In this interview with OKORIE UGURU after the popular Ojude Oba festival in Ijebu Ode, Ogun State on Wednesday, he spoke about his life as a man committed to promoting the culture of his people and a philanthropist, and how he is spending life in what he called semi-retirement from business. 

    YOU appeared to have been so much enthusiastic about this year’s Ojude Oba festival. What was responsible for that? Have you also ever participated directly in any of the events at the festival?

    The question is very fundamental. Why I’m I so enthusiastic? First, I am a loyal, distinguished son of our monarch, the Awujale. I happened to be the Olori Omoba (head of the princes and princesses). Providence has placed me in the situation in which everybody will expect me to be close to the Awujale and be supportive of whatever he is doing by way of our culture and tradition.

    Secondly, people know me as a very senior member of royalty in Ijebu land. Apart from being the Olori Omoba, I am the Olori Ebi (head of the family) of one of the largest ruling houses. You may have heard or you may have noticed that I come from one of the prominent Balogun families…

    Which is…?

    Odunuga. But one is getting a bit old now. Normally, when they come in like that, I dance with them. I am like a sort of head of family there. So, definitely, I will be interested in Ojude Oba festival, as it highlights quite a lot of the Ijebu ethos and tradition. With all the paraphernalia of positions which I hold in town and in the country, it will be unpatriotic of me not to be supportive of whatever our royal father is doing.

    Lastly, every Ijebu person looks forward to the annual Ojude Oba event. Ojude Oba is held within the palace or in front of the Awujale’s palace. But I think it was about 1892 when my own ancestor, Oba Adesumbo Tunrase, who actually signed the treaty of the relationship with the British queen, and who was far seeing enough, gave land to the Muslims to establish their central mosque, at the same time agreed with the British missionaries to preach Christianity in Ijebu land, and even went further to allow some of his children to be baptised. To cap it all, he gave them the land on which the first church in Ijebuland was built. That is St. Saviour’s, Italupe.

    So, from my pedigree, background and association and what the good Lord has endowed me with, it will be regarded as unpatriotic if I don’t play a leading role in this most important cultural and traditional  event of Ijebu people.

    Apart from whatever my good Lord has endowed me with, I am, by the grace of the reigning monarch, the head of the princes and princesses. So, I am very much involved. I can tell you that if this event is taking place and I am not around, many people will ask questions, whether I am unwell, which can’t be, or whether I am disagreeing with my royal father, which can’t be. So, I have always been in the forefront, let me put it that way, in the celebration.

    When Ojude Oba started, it was the Muslims who used it to pay homage and show their appreciation to the reigning monarch for all the beneficence he had given them. So, you can see that from my pedigree, I am both from the Balogun family, I am also from royalty.

    Was there ever a time you rode the horse on the occasion?

    When I was young, I used to be on a horse. Even before then, while my father was alive, I would join them in heralding my grandfather with singing and dancing. You saw my young cousin, Sunny Kuku. He wasn’t on horseback, but he was dancing and added colour to the Balogun Kuku family. Incidentally, the Balogun Kukus and the Balogun Odunugas are cousins. We all descended from the Borogun family.

    How do you spend your time now that you are no longer as active as you used to be in business?

    I am one of the people who can hold out their chest and say that the good Lord has been kind to me. So, in return for that, I have given my life to the service of the community, my fellow human beings and to the service of my God. So, I spend more of the time relaxing, resting and doing the work of God. You don’t need to be a cleric or wear the round collar before you can do the work of God.

    I use any opportunity I have to be an evangelist. I am very committed to that. I am the Asiwaju of Ijebu Christians. I was made that after a legendary person, Chief Adeola Odutola, who was incidentally my own father’s classmate. I joined the Christians when I was young, and the Christian community found that there were attributes in me that could make me perform some leadership role they have entrusted to me. So, I spend time a lot doing charity works, philanthropy as you call it, having concern for my fellow human beings as a way of atonement to my God for the marvelous things the good Lord has done for me.

    Being a philanthropist with many foundations involved in charity work, what is your foundation doing to enhance the society?

    Everything I have done has been a continuous institution. You are all aware that my main focus is health care. The good Lord has enabled me to build one of the largest in Africa, purposely built children’s hospital, which I have now given to the University of Ibadan (UI). It has been converted to a medical college affiliated to the College of Medicine, UI. I think if you walk in there, you will find quite a lot of equipment that you don’t find around, and it is a national institution, not just for the Ijebus. That is why I gave it to the first national medical college to operate. Beyond that, I am a Christian and I believe whatever the good Lord has endowed me with is not for me alone, but that I should go out and do things that will make life better for members of my community and Nigerians in general.

    I believe charity is not something you can boast about. It is between me and my God, and I don’t talk much about what I have done. I only pray to God that from time to time, I should be willing to share whatever the good Lord has endowed me with, with my fellow human beings. I should try and be my brother’s and my sister’s keeper.

    Not a lot of people know that you have a private museum. Can you tell us about it?

    That museum is yet the first an individual has built, if not in Yorubaland, at least in Ijebu. It is to commemorate my ancestor Oba Adesumbo Tunrase, who allowed the British to sign a protective treaty and who also allowed the British to preach Christianity. And he encouraged the Muslims by giving them land. The whole idea perhaps was to give opportunity for acquiring knowledge about the role of that illustrious Awujale. Because there are so many factors of me that were immediately induced by the fact that I am a descendant of this great monarch. I wanted to be able to assemble authentic history as to what the late monarch contributed, not only to Ijebuland, but in fostering not only inter-ethnic trading but opening the door for the British to go into the hinterland.

    At that time, I don’t think many people were literate enough to read A,B,C,D. It was during the reign of that monarch people started to become literate. I wanted one, to immortalise the benefits of the reign of this distinguished monarch of Ijebu. At the same time, I wanted to develop authentic history of royalty in Ijebuland, and, if possible, to be able to identify those who are members of royalty. You see, quite a lot of history which we get now are from oral tradition. They have not been documented. When you want something authentic, you want it documented. So, I provided this museum as a place of custody of a number of relics of the royalty, of custody of historical materials about that royalty. Quite a lot of things about the Ijebu royalty and even the origin of the Ijebus may not have been documented.

    From the research being done…we have a curator there who is a retired professor of history and politics of an American university. His regular concern is to have people coming forward with either relics of the royalty or authentic stories about their connection with royalty, and also about Ijebu royalty. They hold regular seminars and lectures and people go there, read documents about what has happened in Ijebu since. You can also get quite a number of recently published books on Ijebu history. You can find copies there. Some of the events in Ijebu land, the videos and copies of the disk are there. So, it is an opportunity for people to study the origin, and also the authenticity of her history. I don’t want oral tradition alone to be relied upon.

    So, the essence of the place is to provide an avenue for people to study history and to identify those who are related to royalty. At the end of the day it will be a place to study Ijebu royalty, and to some extent, the history of Christianity in Ijebu land, because this was the king who allowed Christianity to be preached publicly

  • Tunde Soleye changes ways

    Tunde Soleye changes ways

    AT a time when happenings flow one after the other like waves upon the pebbled shore, the best thing to do is adopt a protean attitude which adapts to changing circumstances. Foremost medical doctor, Tunde Soleye, seems to embody the principle of changing with the times.

    In a time of recession and scaled-back luxuries, the maverick social event patron has scaled down his presence at A-list events and night outs. Whereas he was the darling of the occasion in robust times, the amiable former beau of ex-beauty queen Nike Oshinowo is rather withdrawn these days.

    It was gathered that the man with the glamorous beard has become more circumspect about where he is seen in relation to his advancing years. As maturity sets in, Soleye carefully selects his outings and intelligently picks his friends while making sure to step back far from the madding crowd.

    Where he once delighted in the rush of the cocktail and the dance floor, he mostly stays indoors and makes do with the intellectual delight that introspection offers.

  • Good times for Ekua Abudu

    Good times for Ekua Abudu

    AS the song of a bird, good vibes emanate from Ekua Abudu. The rumour merchants and distributors who have traded her troubles may as well go to bed or find another victim to rip into as the elegant proprietress of Greenwood House School basks in the effervescent glow of good fortune.

    The controversy and scandal that dogged her like a shadow after the crash of her marriage have gradually given way to a successful career. Many expected the chocolate-skinned daughter of textile doyenne, Modupe Sagoe, to slowly sink into the slough of despair after her domestic experience but their expectations collapsed as multi-talented Ekua rose like a phoenix from the ashes of a broken home and continues to flourish in the limelight.

    The chartered administrator and one-time lawyer today handles multiple projects from education to activism. And she seems poised to continue climbing the rungs of success even as she prepares to mark her 51st birthday on September 9.

  • Life’s lessons for Omorede Osifo

    Life’s lessons for Omorede Osifo

    THE only way to go after reaching the top of the mountain is downwards, Edo-born Omorede Osifo has learnt the hard way. Ever since the elegant former commissioner for youth sports and social mobilisation in Edo was shown the door by the governor, Adams Oshiomhole, she has walked down and away from the heights of social and political stardom she hitherto enjoyed.

    In her day, she enjoyed immense power and much attention as one of the star names in the governor’s cabinet. That was before she was brought low by powerful machinations in the state.

    Older and wiser, Lady Omorede Osifo seems to have accepted the fact that life is a journey that cannot be entirely spent in the limelight. She is rarely seen in public gatherings now, to the consternation of many who recall her glory days at social functions.

    At least she has decided not to take life’s lessons alone. She quietly basks in the companionship of Edo businessman, Ken Marshall, to whom she got married a year ago.

  • Yemi Osindero moves on to greater things

    YEMI Osindero lives his life in confidence bestowed upon him by his guardian angel. The experienced businessman seems to possess a keen and uncommon ability to sniff mishap miles away which enables him to move on before trouble hits. As the chief operating officer of Virgin Nigeria, Dr Osindero alerted the company’s CEO, Richard Cliffon that the beleaguered airline operator teetered on the brink of collapse, only for his warnings to go unheeded.

    Undaunted, and while the ovation rang loudest, Dr Osindero jumped ship from Virgin Nigeria before it hit an economic iceberg and sank in the sea of global financial crisis. The luck that had followed him throughout his career did not desert him as he once again found himself thrust into a key role as a director in Standard Chartered Bank Private Equity with primary responsibility for the West African markets.

    Feelers indicate that Dr Osindero has left Standard Chartered and struck out on his own. Having already equipped himself with a First Class degree in Engineering, enviable experience from Goldman Sachs and inestimable knowledge of investment finance, as well as valuable insights from his time at Virgin Nigeria and Standard Chartered, Dr Osindero is expected to make a success of his new venture.

  • John Fashanu, Rachel Baskam wax stronger

    IT IS no longer news that John Fashanu, known for near-insatiable flirtation with love and the romantic life, has once again found love in TV big girl, Rachel Bakam. What is news, contrary to the expectations of some who believe that the budding romance would ebb once the playboy tired of his new lover, is that the relationship waxes stronger a year after.

    Like a flame that burns eternal, the Abuja-based lovebirds’ mutual affection shows no sign of abating. Beautiful Rachel recently revealed that her relationship with the ex-soccer star progresses despite the negative perception of their marriage by many. And even though they do not seem to be in a hurry to walk down the aisle, the two virgoans have remained inseparable, regularly painting the town red and making onlookers jealous.

    Fashanu is currently embroiled in divorce proceedings with Abigail Igwe, the mother of Joseph Yobo’s wife, Adaeze, while Rachel is divorced with one daughter. This has, however, not stopped the Romeo and his Juliet from enjoying their growing romance.

  • Meet the jewel behind Kennedy Uzoka

    ONLY Kennedy Uzoka, the Managing Director of UBA Plc, and his wife know what it is about their union that drives them to demonstrate pure love, no matter whose ox is gored. It’s simply infectious to see the couple holding hands or sharing smiles in public, as if oblivious of other things or people around them.

    Their bond is unmistakable. You would think they are a newly-wedded couple if you find yourself in their company. Within a short while, Princess Uzoka has transformed into a glamorous socialite, thus proving that her-hitherto simple posturing may be a facade after all.

    In recent times, she has been exhibiting traits of a prospective fashion icon. And with enough war chest to throw around, there is no doubt she will gain a foothold in the fashion scene. She has left no one in doubt that she has got style and maturity to complement her husband’s towering corporate status. Princess Uzoka has been sighted at a few upscale shindigs, most times in company with her better half, Kennedy.

    But she shouldn’t be envied: having endured the trying times with her better half, it’s only fair and proper that she enjoys the fruits of perseverance with him as the going gets rosier.

  • Lanre Nzeribe Keeps low profile

    POPULAR female heart hunter, Lanre Nzeribe, seems to have surrendered his charm and recoiled from the social scene, leaving observers to wonder what might have happened to the handsome dude.

    In his heyday, the owner of Davinci Fashion Lounge was the toast of many ladies. He moved in and out of women’s arms with a rapidity and ease that left some dismayed while others cheered.

    Scandal was never far from his doorsteps; it orbited his world as the earth orbits the sun. But ever since the owner of the defunct Lantana Taxi based in Abuja parted ways with Nollywood top actress Monalisa Chinda in acrimonious circumstances, less has been heard of him in the social space.

    He was allegedly involved in the recent assault of a female employee at his fashion lounge which may have made him shy away from the public eye.

    If Nzeribe has genuinely left his randy ways behind and turned a new leaf, it would be bad news for ladies who probably yearn for the days when he ruled like the emperor of the social scene.

  • Olorogun Oskar Ibru plans big for father’s burial

    Olorogun Oskar Ibru plans big for father’s burial

    A LIFE well lived is a life well spent, as the saying goes. In the case of the recently-departed patriarch of the Ibru dynasty, Olorogun Michael Ibru, it is set to also be a life well celebrated if plans by his son and heir, Olorogun Oskar Ibru, and the family are anything to go by.

    Olorogun Michael, who founded the Ibru organisation in the 50s, died in the early hours of Tuesday, September 6. Until his death, he presided over a huge conglomerate spanning interests in fish trading, transportation, tourism, breweries, timber and poultry, among others. He was the most distinguished indigene of his hometown, Agbarha-Otor, where he was a prominent chieftain. He brought his town honour and prestige to the extent that the Olorogun honorific became synonymous with the Ibru family.

    Death had earlier rocked the Ibru Empire in March. Olorogun Felix Ibru, younger brother of Olorogun Michael and the first governor of Delta State exited the land of the living for the realm of his ancestors. His funeral ceremony, which is still discussed in Delta State and beyond, held just over a month ago.

    It is, however, fair to expect the burial rites for Olorogun Michael to surpass the preceding ceremony in size, majesty and grandeur. He had fives wives and numerous children and grandchildren. He is also survived by a brother, Goodie Ibru, and two sisters.

  • I played all the pranks I could to avoid going to school because all I wanted to be was a driver —Ex-CBN director

    I played all the pranks I could to avoid going to school because all I wanted to be was a driver —Ex-CBN director

    ‘We used to move currency from the port to head office in trucks hired from motor park and escorted by one policeman carrying a Mark 4 rifle’ Segun AJIBOYE, Assistant Editor

    abiodunSeventy-five-year-old Abiodun Sopitan retired from the Central Bank of Nigeria (CBN) in 1996 as a Deputy Director. He joined the service of the apex bank as a clerk in 1962 and had a career that spanned 34 years.

    Interestingly, Sopitan only got educated because of the insistence of his mother and the headmaster of his primary school. While he was so brilliant that he always led his class, young Sopitan dreamt of a future that was completely at variance with the one his parents had in mind.

    As a young boy growing up in his native Remo, Ogun State hometown, contrary to his parents’ wish that their son would get a good education, Sopitan’s greatest ambition was to become a driver so that he could make money like some of his friends and age mates who never went to school were already doing at the time.

    Describing himself as a “a product of God’s grace,” he went down memory lane to relive the battles he had with his parents and headmaster before he yielded to the pressure mounted on him to go to school.

    He said: “It is a very funny story. When I got to Standard Five, the headmaster of my school insisted that I should write the examination for that year. Although I was in class five, he said he believed that if only two people would pass, I would be one of them. Unfortunately, when the result came out, I failed. That really surprised the man and he said he was going to investigate the reason why I failed.

    “Some of my friends who wrote the same examination had left the village for Lagos. Soon, most of them got jobs as drivers and were making money. And each time they came to the village, they would appear like wealthy people, wearing nice clothes and spending money. Unknown to us, some of them even came home with their bosses’ vehicles.”

    Convinced that his Lagos-based contemporaries had made the right decision in their choice of profession, young Sopitan made up his mind to quit school and get a job as a driver. So, in spite of the efforts his mother and the headmaster made to ensure that he proceeded to secondary school, Sopitan ensured that he failed all the entrance examinations he was made to sit.

    Luck, however, ran out on him in one of the failure tricks he played on his parents.

    He said: “In 1955 when the popular Mayflower School in Ikenne was to take off, the headmaster bought two entrance examination forms. He gave one to me and the other one to another student. On the day of the examination, I told the other boy to write my name and number on his answer script while I wrote his name and number on mine. Of course, when the results were released, the other boy passed while I failed.

    “I was happy that at last, they would leave me alone and allow me to learn driving, but my immediate elder sister and the headmaster were not convinced, so they decided to find out what was amiss. The headmaster threatened the other boy and he confessed that I told him to write my name and number on his answer script while I wrote his name and number on mine.”

    The mystery of his unmerited failures now unraveled, his parents hatched a plan that would get him into a secondary school.

    “After they had found out that I was deliberately failing the entrance examinations I had taken part in, my elder sister and my mother made up their minds to make sure that I entered a secondary school,” he said.

    So, without letting him know of their plot, his elder sister and mother approached a Catholic priest who had just founded a secondary school in a nearby community.

    He recalled the incident thus: “I was not aware of the plot to get me registered in school. One day, my mother said I should accompany her on a visit to an uncle. Indeed, the Catholic priest was related to my mother, and I was happy to go with her. Unknown to me, they had bought all the materials I would need in school and taken them there.

    “After the priest and my mother had exchanged greetings, the priest asked some students of the school to take me round. By the time I came back, my mother and sister had left. When I asked to go home, the priest simply brought out a cane and asked the students to take me to my dormitory.”

    However, after a short time, the young Sopitan got over his grief and settled down to work. His efforts paid off in 1961 after the results of that year’s school certificate examination were released. He made a distinction; a feat that could not be matched by any student of the school in a decade.

    Now convinced that education was a better path to success that the driving job he so much craved, Sopitan relocated to Lagos with a mission to switch his interest to the sciences.

    “It was while I was in Lagos to start the school that a friend told me that the CBN wanted to employ a new set of employees with preference for Grade 1 students. Since I had a Grade 1, I decided to go with him. Interestingly, I passed and was employed as a clerk. That was in 1962.”

    The job marked the beginning of a beautiful and fruitful romance between the young Sopitan and the apex bank, lasting three decades and four years.

    Asked what the experience was in those years, Pa Sopitan burst into a prolonged laughter and said: “It was nothing short of beautiful and rewarding.”

    For him, being rewarding meant rising to the pinnacle of his chosen career without having any godfather to make things work for him.

    He said: “The system in those days rewarded hard work. For instance, to get into the CBN, you must have a grade one result. And from that point, the future rests in your hands. I remember the words of the late Pa Ola Vincent, the former governor of the CBN. He often told us that, ‘now you are in the CBN, your progress depends on how you develop yourself. It was such words of advice that pushed us to work very hard.”

    Speaking on the high point of his career at the CBN, he cited a case of fraud involving a popular restaurant owner at the time. The fraud, which was perpetrated through a bank (names withheld), was carried out through the account of the restaurant owner.

    He said: “The CBN job availed me the opportunity to travel all over the country. I worked in different capacities in all the places that I was posted to. But one very incident that has stuck with me was when I was in charge of the commercial banks in the country. A fraud running into almost N2 million was perpetrated in a bank, and the case was brought to my notice.

    “I set up a committee to investigate it. The committee was headed by a woman who was an assistant director at the time. We traced the money and how it was spent. We retrieved more than two thirds of the money and also seized a building belonging to the man. All the money we got back and the building was handed over to the bank. I was happy that God used me to settle the matter.”

    Brimming with smiles, the old man suddenly remembered another experience, which he described as a reward for honesty. According to him, a friend who worked with a commercial bank at the time approached him to help sign a document.

    “At the time, the government introduced a policy that stipulated that foreign investors could deposit money in their country and get a document to prove the deposit. That document is then used as collateral to get money in Nigeria. The CBN had to sign the document that the concerned bank has completed all the necessary things that had to do with the document. Because I was in charge of the commercial banks, I would have to sign their documents.

    “One day, a friend who worked with a commercial bank came to me and said he wanted me to sign the papers for his bank. But at the time, his bank had not done all the things it was supposed to do. He brought out N10,000 and offered it to me.

    “You know, he is my friend, so I simply told him to keep the money. I told him to go and perfect the papers and that whenever he brought it, I would give it express treatment. As God would have it, that same day, a friend was having a naming ceremony and I decided to attend. Just as I entered into the gathering, the managing director of that particular bank suddenly called out my name. When I went to greet him, he said, ‘Sopitan, your friend told me you asked for N30,000 to sign our papers.’ I was surprised, but I took my time to explain to him what happened and the advice I gave.

    “The man said he was surprised when the man told him that I asked to collect N30,000 gratification. He said he told my friend that that was not the Sopitan that he knew. That day, I felt very proud and on top of the world that somebody could vouch for my integrity even in my absence. It was indeed a wonderful experience for me.”

    But the old man is unhappy about how things have turned out in Nigeria. Comparing the Nigeria of his time and the present generation, he wondered what has become of integrity, which he said was something to flaunt in his time.

    “When I joined the CBN, we didn’t use bullion vans and all we had was one policeman carrying a Mark Four rifle. Then, our currency was printed in the UK, and we would go to the motor park to hire a truck to ferry the money from the wharf to the CBN office. Can you try that today? Even with the number of security men that follow the bullion vans, they are still waylaid by armed robbers.

    “I tell people that Nigerians who are 40 years old and below are like a man who was born blind. He does not know the difference between darkness and light. But the older people, like my generation are like a man who had sight and could see before suddenly going blind. He knows what light looks like and will always cry that he lost his sight.”

    For a man who in his younger days displayed extreme sense of truancy and almost didn’t go to school, Pa Sopitan confessed that he is shocked each time he remembers the antics he displayed in those days. His life, he said, is guided by God’s grace.

    “These days, when I visit my hometown and I see those friends who almost inspired me to become a driver, I just smile to myself. Believe me, I think it is just the grace of God. Or how do you explain why a young boy would do all those things just to make sure that he would not be enrolled in school?,” he asked, before quickly adding: “That is the grace of God at work in my life.”

    About 16 years ago, Pa Sopitan was transported back to his own childhood by an incident that happened to his last son. The young man was ready to proceed to the university and wrote the JAMB examination. However, due to a technical error, his result was not released.

    Alarmed at what had happened, the old man’s past quickly ran through his mind and he suspected that the boy could have deliberately failed the examination.

    He said: “It was a very funny experience. My last son wrote his JAMB examination. Of course, we expected him to pass, but I think he made an error while he was shading the answers or something like that. But his result was not released.

    “Suddenly, I remembered all the things that I did and I was like, could he have done what he did deliberately? But after a while, I knew he could not have done that and I simply let go.”

    With age, Pa Sopitan now uses most of his time to relax, read and contribute to debates on public affairs on radio and television stations.

    “When I was younger, I enjoyed my game of lawn tennis a lot. You know, as young men, we would go to club in the evenings to relax after work. And I always loved to play tennis. But now, what I do most is to relax and read. I also appear as guest analyst on public affairs discussions on radio and television stations. Aside from these, the rest of my time is dedicated to the service of God.”