Tag: Adedeji

  • NRS chairman Adedeji urges shift from raw materials to innovation for economic growth

    NRS chairman Adedeji urges shift from raw materials to innovation for economic growth

    The Executive Chairman of the Nigeria Revenue Service (NRS), Adedeji, has called for an urgent move away from Nigeria’s reliance on raw material exports, advocating for a focus on ideas, innovation, and the production of complex goods as a pathway to sustainable economic growth and national prosperity.

    Delivering the maiden Distinguished Personality Lecture of the Faculty of Administration at Obafemi Awolowo University (OAU), Ile-Ife, Osun State, on the theme “From Potential to Prosperity: Export-led Economy,” Adedeji stressed the need to rethink growth through the lens of complexity, rather than merely increasing the production of existing goods.

    He noted that while Nigeria possesses a high-tech oil sector, its informal sector remains low in productivity, and the country lacks a vibrant, labor-absorbing industrial base that could serve as a bridge to higher economic complexity.

    Adedeji also highlighted that Nigeria experienced stagnation in exports for three decades, from 1998 to 2023, adding only six new products to its export basket between 2008 and 2023.

    “Because of our current position, the Harvard Atlas concluded that we are positioned to take advantage of very few opportunities to diversify using what we already know.”

    Adedeji urged Nigeria to learn from the world by comparative study of success and failure like Vietnam, Bangladesh, Indonesia, South Africa and Brazil. 

    He said, “When we put these stories together, the divergence is clear. Vietnam used global trade to build a resilient, complex economy, while the others

    remained dependent on natural resources or a single low-tech niche.

    “There are three big lessons here for us in Nigeria as we think about our roadmap. First, avoiding the resource curse is necessary, but it’s not enough. You need a proactive strategy to build productive capabilities.

    “Vietnam’s success came from integrating itself into Global Value Chains (GVCs). They positioned themselves as the assembly hub for the world’s electronics, importing high-tech parts and exporting finished products. This allowed them to “borrow” technology and management skills from abroad to build their own know-how. 

    “Nigeria, on the other hand, remains a supplier of raw materials to these chains, not an active participant within them. We must realise that productive capabilities are not permanent. The examples of South Africa and Brazil show us that you can actually lose your industrial edge if you aren’t careful. Over-reliance on the easy path of resource extraction creates economic and political incentives that crowd out the difficult, long-term work of building an industrial base.”

    He added that for Nigeria, which is at an even earlier stage of development and even less diversified than these nations, the warning is stark. 

    “Relying solely on our natural endowments isn’t just a path to stagnation; it’s a path to regression. The global economy increasingly rewards knowledge and complexity, not just what you can dig out of the ground. If we want to move from potential to prosperity, we must stop being just a source of raw materials and start being a source of ideas, innovation, and complex products.”

    Adedeji said, “President Tinubu has already begun the difficult work of rebuilding our economy. The goal now must be to transform Nigeria into a nation that possesses the collective knowledge to produce, innovate and compete.”

  • Adedeji’s ‘Measured dust’ launched in Lagos 

    Adedeji’s ‘Measured dust’ launched in Lagos 

    Stakeholders in Nigeria’s business and entrepreneurship ecosystem have lauded management consultant and project strategist, Precious Olaoluwa Adedeji, for his bold intervention in Africa’s entrepreneurial landscape with the launch of his debut book, Measured Dust.

    The event, which held on Sunday, July 27, 2025, at the upscale EbonyLife Place in Victoria Island, Lagos, attracted high-profile figures across enterprise, development, and policy circles.

    Measured Dust takes a practical and storytelling-driven approach to addressing structural gaps in business models, with a focus on helping entrepreneurs build sustainable and data-informed enterprises in uncertain environments.

    Among dignitaries present at the event were President of the Healthcare Federation of Nigeria and Country Director of PharmAccess, Mrs. Njide Ndili; Director of the Enterprise Development Centre, Pan-Atlantic University, Dr. Nneka Okekearu; Co-founder, Zibar Resorts, Dr. Femi Olumide; Business Executive and Strategic Advisor, Mr. Edward Esene; and Founder/CEO of AAJ Logistics, Amb. Adekunle Adeyemo.

    In their remarks, the dignitaries described Measured Dust as a timely and transformative guide for aspiring and seasoned entrepreneurs navigating the realities of doing business in Africa.

    “What Precious has done with Measured Dust is give voice to the invisible structures that break businesses before they scale. It’s a much-needed resource,” said Mrs. Ndili.

    Dr. Okekearu described the book as a vital contribution to business development, saying: “This book is timely. It guides entrepreneurs to think with both vision and structure, something our ecosystem needs more of.”

    Mr. Esene described it as “a guidebook for entrepreneurs building in high-stakes environments,” while Amb. Adeyemo called it “a clear map for navigating the complex terrain of African business.”

    Speaking at the event, Adedeji said his motivation stemmed from witnessing startups fail not due to lack of vision, but flawed models.

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    “Too many businesses fail not because the ideas were wrong, but because the models behind them were broken,” he said. “Measured Dust is my way of helping small and medium entrepreneurs build with intention, structure, and foresight.”

    The audience, which included business consultants, startup founders, and policy influencers, engaged actively with the book’s themes, praising its practical insight and relevance.

    Adedeji, a Lagos-based management consultant, has trained over 5,000 entrepreneurs through platforms such as Google’s Digital Skills for Africa and Facebook’s Grow Your Business initiative, and has supported startups in raising over $10 million in funding.

    He holds a Master’s degree in Data Science Management from Rome Business School and a Bachelor’s degree in Pure Mathematics from the Federal University of Agriculture, Abeokuta (FUNAAB). A certified Business Development Service Provider (BDSP) under SMEDAN, Adedeji has worked on USAID-backed consulting projects and mentorship programmes at Pan-Atlantic University.

    His work aligns with global goals, including SDG 1 (No Poverty), SDG 4 (Quality Education), SDG 5 (Gender Equality), SDG 8 (Decent Work and Economic Growth), and SDG 9 (Industry, Innovation and Infrastructure).

  • JUST IN: Adedeji wins APC chairmanship Bariga LCDA ticket

    JUST IN: Adedeji wins APC chairmanship Bariga LCDA ticket

    Bukola Adedeji has emerged winner of the All Progressives Congress (APC) Local Government chairmanship primaries for Bariga Local Council Development Area (LCDA). 

    The counting process is ongoing at party secretariat in ACME Ikeja, amid heavy security.

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    Adedeji, a former Bariga SLG, defeated others, securing 24 votes. 

    Details shortly…

  • Adedeji at 47: Celebrating a man of exceptional grace, excellence

    Adedeji at 47: Celebrating a man of exceptional grace, excellence

    • By Dare Adekanmbi

    Ecclesiastical evidence abounds to affirm that God does not look at people or issues through the same prism from which human beings perceive matters. As mortals, we give primacy to mundane parameters as appearance or outward adornments, height or whether the person is oozing opulence or simply look at nobility of a person’s birth before ascribing value or judgment to such a person.

    The story of David’s ascension to the throne of Israel summarises how God make His choices. Prophet Samuel beheld the firstborn of Jesse named Eliab and, looking at his outward qualities, concluded “here comes the Lord’s anointed king who will govern over Israel.” But just before that thought could settle in the prophet’s mind, God told him that is not the man for the job. 

    The story of Zacch Adedeji, executive chairman of the Federal Inland Revenue Service (FIRS) is the story of a young, wise and brilliant man who has enjoyed exceptional grace of God. His father (of blessed memory) was a cocoa farmer from the mainly agrarian Iwo Ate town, in Ogo Oluwa Local Government Area of Oyo State. His mother is a trader-cum-farmer. It was thanks to Chief Obafemi Awolowo’s matchless leadership and quality governance that the town at that time boasted some basic municipal amenities like school and a dispensary. 

    I can imagine the joy on his father’s face when the news was broken to him that his wife was delivered of a bouncing bonny baby boy later christened Zacchaeus Adelabu Adedeji. While his father desired functional education for Zacch, the first child of the family, the greater joy for the cocoa farmer would be that the birth of Baby Zacch means an extra hand on the farm, heir apparent to the cocoa farming business. This perception perhaps prevented Zacch’s father from noticing the unique stars in the sky that heralded the arrival of a special child to the family, the humble background notwithstanding. The family did not realise they have been gifted a global talent whose brilliance and expertise will be acknowledged beyond the shores of Nigeria. While his father was looking at a child who will grow to become a helping hand on the farms, God was looking at a precious gift that will bring honour to the family name.

    Growing up for Zacch was not easy as there was no silver spoon in his mouth at birth. But with the grace of God upon his life, he was determined never to allow the circumstance of his birth dictate how far he could go in life. While going to school, he was also assisting his father in his cocoa farming. Zacch could not have chosen any other course in his post-secondary educational pursuit other than accountancy. He was his father’s book-keeper for the sale of cocoa produce.

    At the Federal Polytechnic in Ede, Osun State, where he studied Accountancy for his Ordinary National Diploma, Zacch came out flying with a distinction. Rather than return for his HND, he opted to further his studies at the prestigious Obafemi Awolowo University, Ile Ife, where he read management and accounting and finished with First Class honours. He did not allow the death of his father at about the time he was starting at Ife to extinguish his hope of having functional university education. 

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    Zacch’s special talent as a brilliant accountant quickly singled out from the new recruits at P&G. He saved the company hundreds of millions of dollars in needless expenditure and deploys his financial wizardry to catapult the company’s profit to new heights. For this exceptional display, the company dispatched him to one of the best business schools in Switzerland to share his experience with them. This feat earned him a seat at the management cadre of the American goods company earlier than any young recruit by the firm. He rose to become the Corporate Finance Manager for West Africa.

    It was while making his mark at the firm that he met a great leader, Senator Abiola Ajimobi (of blessed memory), sometime in 2009. He was just attending to what he would ordinarily consider a routine payment query when they met. Ajimobi was happy to meet a young chap from Oyo State making waves at such a company. From that time, a journey of mentoring, love and support that would remain with Zacch for a lifetime started. It was a meeting that also changed his trajectory from the private sector to the public sector. Ajimobi appointed him Finance Commissioner for Oyo State at age 33. Notable among his achievements include: raising Internally Generated Revenue (IGR) from about N600m monthly to about N2bn in a short period, blocking leakages by streamlining government bank accounts through which a lot of money was haemorrhaged from about 100 to about 10.

    As executive secretary of the National Sugar Development Council, Zacch left an indelible mark, raising standards and re-engineering processes to deliver better quality service and increased productivity. When tapped as Special Adviser on Revenue by President Bola Tinubu, a lot of people speculated he would ultimately head the country’s tax agency, Federal Inland Revenue Service (FIRS).

    As an evangelist in the Anglican Communion, Zacch believes in the scripture that the power of life and death is the tongue. As the one whose duty it was to interface with FIRS tax officers while at P&G, he had said during one of his frequent visits to the Agidingbi office of the agency that “someday, I would like to work in this organisation and contribute to its transformation.” Today, not only is Zacch the executive chairman of FIRS, he has brought unprecedented transformation to the agency within a short period. FIRS, under Zacch, surpassed tax revenue target in 2023, leading to a higher revenue benchmark of N19.4 trillion set by government for 2024. Later this month, Adedeji will announce to Nigerians what the agency was able to collect in the year just ended. The agency has done well again and has exceeded the target from available information.

    To all who know Zacch and have had interactions with him, one special attribute stands him out: his humility. He relates with the young and the old quite well and the big success that God has given him does not get into his head. Many people have spoken so glowingly about this character trait in Zacch. In 2017, he and I returned to Nigeria from a trip to the US. He had gone on holiday and I had gone to cover the annual meetings of the World Bank/IMF. We were to lodge at a popular hotel in Ikeja on arrival. After dinner, the receptionist said only one room was left. “Give it to us. Dare and I will share it,” said Zacch. That was how we slept on the same bed that night.

    If there are so many positive things to say about Zacch who is 47 years today, then the future holds even a brighter future for the number one tax man in the country today. Our boss believes in Simon Sinek’s submission that leadership is not just about being in charge, but also about taking care of those in your charge. I join admirers and well-wishers to wish ZA many more happy years of his trademark brilliance and wisdom. May God continue to strengthen him in good health.

    •Adekanmbi is the Special Adviser on Media to the chairman, FIRS, Zacch Adedeji

  • FIRS unveils plans to overhaul tax system,

    FIRS unveils plans to overhaul tax system,

    The Federal Inland Revenue Service (FIRS) is set to introduce a comprehensive bill aimed at revamping Nigeria’s tax administration system, including the regulation of the cryptocurrency industry.

    A statement from the FIRS signed by Dare Adekanbi said the Chairman, Dr. Zacch Adedeji, made this disclosure during a stakeholders’ engagement with a joint committee of the National Assembly on Finance in Lagos.

    The proposed legislation seeks to simplify tax laws, harmonise revenue collection, and replace outdated tax regulations with contemporary frameworks.

    Adedeji stressed the need to modernise Nigeria’s tax system to align with current economic realities, citing the Stamp Duty Act as an example of an outdated law that requires urgent attention.

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    He also noted the growing importance of the cryptocurrency ecosystem and the necessity for a regulatory framework to govern its operations.

    “We cannot run away from the cryptocurrency ecosystem because it is the in-thing. But as it stands in Nigeria today, there is no law that regulates crypto currency operations,” Adedeji said.

    The FIRS boss expressed confidence in the agency’s ability to achieve the N19.4 trillion revenue target set for 2024, stating that current figures indicate the agency is on track.

    In response, Senate Committee on Finance Chairman, Senator Sani Musa, commended FIRS for organising the stakeholders’ meeting and emphasised the need for a single tax collection agency to improve efficiency. He expressed the committee’s willingness to support FIRS in achieving its revenue target.

    House of Representatives Committee on Finance, represented by Hon. Kalejaiye Paul, commended FIRS for its leadership and pledged the House’s support in collaborating with the agency to drive national development.

  • Ex-Ajimobi’s aide Gbolagade congratulates FIRS chairman Adedeji

    Ex-Ajimobi’s aide Gbolagade congratulates FIRS chairman Adedeji

    Former aide to late Governor Abiola Ajimobi and a stalwart of the All Progressive Congress (APC) in Oyo State, Prof. Abiodun Gbolagade, has congratulated Mr. Zacchaeus Adedeji on his appointment as the acting chairman, Federal Inland Revenue Service (FIRS).

    Gbolagade, who served with Adedeji during the administration of Ajimobi, said the new FIRS boss would bring his wealth of experience to the revenue service, a critical institution instrumental to Federal Government’s efforts towards mobilizing revenue for development of the nation.

    A statement by Gbolagade commended President Bola Ahmed Tinubu for making the right choice, adding that he is confident that Adedeji’s leadership will enhance efficiency and effectiveness of revenue collection in the country.

    He expressed optimism that Adedeji is better equipped and prepared to lead FIRS to new and greater horizon.

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    The Mogaji of Lato compound in Oke-Labo, Ibadan stated that the new appointee background in finance and business will be invaluable in addressing challenges facing FIRS and improving the revenue profile of the country.

    He noted that from their working together with late former Governor Abiola Ajimobi, Adedeji is an administrator known for his remarkable impact in the revenue generation and tax Administration.

    He however said Adedeji’s appointment shows that merit and competence are gradually taking over, which is an inspiring development for young Nigerians aspiring to climb up the ranks of leadership.

  • ‘How Adedeji should be remembered’

    Present and past African Heads of governments and development experts converged on Lagos to examine the contributions of the late Executive Secretary Economic Commission for Africa (ECA), Prof.  Adebayo Adedeji, to pan-African development and integration. Speakers at the event agreed that his ideas and dreams for the continent must outlive him. Assistant Editor Bola Olajuwon reports

    NIGERIANS and other Africans have been urged to ensure that the ideas and dream that the late Executive Secretary, Economic Commission for Africa (ECA), Prof. Adebayo Adedeji, worked at tirelessly for the continent’s growth, prevail. The late Adedeji worked for the growth and economic development of Africa when he was ECA’s Executive Secretary.

    This was the position of Vice President Yemi Osinbajo; Namibian President Hage Geingob; former Head of State General Yakubu Gowon; ex President of Liberia Prof Amos Sawyer; ECA’s Executive Secretary Dr. Vera Songwe; keynote speaker and Kisumu County Governor in Kenya Prof Peter Anyang Nyong’o; former Minister of External Affairs Prof. Ibrahim Gambari as well as many economic and governance experts, at the weekend.

    They spoke at a memorial symposium in honour of the late Adedeji, tagged: “Africa’s development agenda: Lessons from the Adebayo Adedeji years and policy options for the 21st Century”, which held in Lagos.

    Other sub sessions of the symposium included: Adebayo Adedeji in the trajectory of public administration and development in Africa, moderated by former Director-General, Administrative Staff College, Lagos, Prof Adele Jinadu; and Governance and the challenges of economic transformation in Africa (the governance context to economic development in Africa), moderated by Senegalese politician and diplomat, Abdoulaye Bathily.

    Also at the event were former United Nations top official and non-Resident Senior Expert at Global Governance Institute, Brussels, Eloho Otobo; Director of Institute for Pan-African Thought and Conversation at the University of Johannesburg, South Africa, Prof. Adekeye Adebajo; Executive Secretary, Africa Capacity Building Foundation, Prof. Emmanuel Nnadozie, as well as economists – Olu Ajakaiye, Temitope Oshikoya, Tamunopriye J. Agiobenebo and Afeikhena Jerome.

    Others were Tunji Olaopa, Jide Balogun, Alex Gboyega, Prof Adigun Agbaje, South African diplomat, academic and Head, Secretariat of the African Peer Review Mechanism (APRM), Eddy Maloka; Gen. Ishola Williams (retd) and Femi Badejo.

    Adedeji’s children – Doyin, Funso, Kunle, Leke, Niyi – other family members and friends also attended the event. Members of the diplomatic circle, the academia and other stakeholders were also in attendance.

    At the symposium, organised by the Addis Ababa, Ethiopia-based ECA, which the late Adedeji worked for 16 years, speakers eulogised the Nigerian born pan-African scholar, economist and administrator.

    They agreed that they must all work together to end or drastically reduce poverty, create jobs for millions of the teeming youth and unleash their creativity, address the challenge of corruption and economic leakages through illicit financial flows (IFF) from the continent, and inclusive transformation of the continent.

    The speakers also called for effective democratic values, accountability and a sense of patriotism to overcome marginalisation and impunity on the continent.

    They urged African leaders to ensure a deeper commitment to the social and economic growth of their people as preached by the ECA former executive secretary, through innovation, infrastructural development, fighting corruption and entrenching constitutional democracy.

    Osinbajo, who was represented by Special Adviser on Economic Matters in the Office of the Vice President Dr. Adeyemi Dipeolu, a former Capacity Development director at the UN Economic Commission for Africa, said the late Adedeji was a towering figure of Africa’s immediate post-colonial period. He described him as an intellectual whose thinking and contributions continue to frame policy discourse in Nigeria, Africa and the world in general.

    He said: “This is well-demonstrated by the ideas he propagated and the causes he advanced. Such is the breadth and scope of Prof. Adedeji’s contributions that recounting them can almost leave one breathless.

    “Prof’s intellectual versatility was also reflected in the various books he wrote and authored across a range of subjects.  He addressed topics ranging from conflicts, to governance, economics, democracy, public administration, education and social development.  Indeed, for those who are interested in restructuring ofNigeria, I refer them to his work on Nigeria’s Federal Finance, which addressed the topic of fiscal federalism. Moreover, I can think of at least two defining reports that bear his name, namely, “The Adedeji Review of Nigeria’s Foreign Policy” and “The Adedeji Audit of African Union Institutions”.

    The Vice President added: “It was, however, not the occupation of positions or the roles that he played that made Prof. Adedeji special. What was different was that he acted in such roles and positions to advance his pan-Africanist ideals.  He was committed to improving the conditions of the African people, and by extension improving the governance and economic situation of their countries.

    “Prof Adedeji’s interest in public administration was directly linked to the importance he attached to capacity-building of the public sector so that it could underpin the development of African countries. This was particularly insightful if we bear in mind that the success of the East Asian tigers has been attributed in great part to the fact that they built and sustained meritocratic bureaucracies.

    “His interest in governance was manifested in various ways.  For instance, his agreement to chair the APRM Panel of Eminent Persons in his advanced years was a reflection of a strong belief that well-governed democratic societies were essential to building a strong, prosperous and self-reliant Africa.  It also accounted for his roles in tackling conflict and promoting peace in Africa.”

    Osinbajo also eulogised the late Adedeji’s legacy for which many respected and called him father of African integration.

    His words: “Under the leadership of General Gowon and the late President Eyadema, he did a lot of the heavy-lifting to create the Economic Community of West African States (ECOWAS), an experience he would later on leverage to help establish the Preferential Free Trade Area of East and Southern Africa, now COMESA.

    ”Equally significant in this regard was the role that he played as Executive Secretary of the Economic Commission for Africa in articulating the Lagos Plan of Action and the Final Act of Lagos, which formed the intellectual and official lodestones for subsequent decisions to establish the African Economic Community, the African Union and the African Continental Free Trade Area.

    ”Of course the contribution that we most remember Professor Adedeji for was his principled stance and leadership in framing the African Alternative Framework for Structural Adjustment Programmes in Africa.  As he told it to me, several African Presidents had expressed unhappiness that the ECA was standing-by while they were being compelled to undertake SAP programmes…”

    He urged ECA and colleagues of the late economist to put his works and presentations in book form.

    Dipeolu, also recollected how as a young diplomat covering the ECA for Nigeria, he attended the All Africa meeting of economists, which Prof. Adedeji convened in 1988 to begin the process of framing an African Alternative to SAP.

    Gowon, who also hailed Adedeji as a selfless international civil servant, said: “Adedeji, though a global personality, always put Nigeria first. His key role in the formation of the Economic Community of West African States was worthy of emulation. Adedeji worked tirelessly with the Nigerian Foreign Affairs and all our diplomatic missions in the West African sub-region.

    “His belief was that if ECOWAS was successful, it would be easier to recommend it to other sub-regions on the continent.The world recognises his achievements, making him more than a Nigerian product. We are exceedingly proud of him. Particularly, he will always stand tall in my estimation.”

    Gowon noted that when Prof. Adedeji worked with him, he saw an immensely brilliant scholar, who perfectly fitted the role of manager of governments’ national assignment of Reconstruction, Rehabilitation and Reconciliation (3-R).”

    Gen Gowon added that despite being globally acclaimed, the late Adedeji remained proudly Nigerian and placed the interest of the country above self until his last moment.

    ”His exceptional intellectual depth, made Nigeria a small stage for him and the world easily took note of his accomplishments. We missed him when United Nations’ head-hunted him for the position of the Secretary of the Economic Community for Africa,” he said.

    Gowon, however, defended the Udoji award to civil servants after the civil war. The former head of state, while reacting to the notion of one of the panelists that Adedeji disapproved of Udoji, said the former ECA Executive Secretary and other members of his council supported the award. He said: “Everybody, including the civil servants were very excited about the post-civil war award. We decided within ourselves that it was important to reward the workers for their support, loyalty and dedication during the difficult period of the war.”

    Gown said after the Udoji award, many civil servants were able to send their children to school and build houses. He noted that it was foreign powers and countries, which imported inflation into Nigeria with preconceived price tags for their products.

    Sawyer, in his contribution, said he encountered Prof. Adedeji at every important juncture in his intellectual growth and professional life over the past 50 years.

    The ex-Liberian Head of State said: “He has been a major influence on my thinking, career choices and professional work both as a university lecturer and a practitioner. And interestingly, it was only in the 2001, 17 years ago that I first met him face to face to have a conversation with him.”

    Sawyer, who said Adedeji’s scholarly works in African governance and University of Ife affected his own philosophy, told the gathering of his encounter with the top economist: “I had done a consultancy and had travelled to Addis Ababa to report. I  heard that Prof Adedeji was in the same hotel where I had been accommodated. I called his room, introduced myself and sought an appointment to talk with him. He invited me to breakfast in his suite.”

    During the encounter, Prof Sawyer said an awkward conversation ensued. “Prof knew all about me and wanted to know about my wellbeing; I wanted to know why the African Alternative to Structural Adjustment did not put African leaders on the spot, pressing them for major commitments on governance. I don’t know what his specific response was, but I was very impressed with how well he understood African leaders and how to get them around to his positions,” he recalled.

    Dr. Songwe, in her welcome address, said: “Adedeji left us an unforgettable legacy of life, commitment and service to the continent, at personal, social and professional levels. As stated by President Geingob, Prof Adedeji was fully engaged in the economic independence of Africa, making of it his career flag.

    “During the 16 years that he served the United Nations Economic Commission for Africa as the Executive Secretary, structural transformation was his mantra for Africa, a “good fight” that still guides the economic thinking of the institution that I currently lead. Adebayo Adedeji is remembered by all those who had the privilege of working with him as an intellectual giant, a bold thinker and a passionate believer in African Regional Integration, in the context of the advocacy for the continent’s development. It is impressive how the fingerprints of the Lagos Plan of Action echoes Prof Adedeji’s work on the establishment of the Abuja Treaty.”

    She said the symposium complemented other activities that ECA undertakes in honouring the achievements and contributions of Adedeji apart from the annual Adedeji Lecture at the annual Conference of Ministers of Finance.

    Gambari preached the need for African leaders to be innovative and adopt different approaches to issues that would grow the continent. Speaking on the contributions of Prof. Adedeji to the growth of Africa, he said: “Adedeji was a ‘Think-Tank’, an outstanding scholar and pride of Africanism, who even in poor health was always engaging, committed, concerned and creative on issues about Africa.”

    He said the scholar thought him that to make impact in AU, one must fight and speak authoritatively.

    “At old age, he was well-informed and creative. He believed in family first. He was an outstanding scholar and diplomat. He was great in name and contributions to Africa,” the former minister said.

    Also speaking, Geingob said African leaders must put in place political mechanisms to strengthen its processes, systems and institution to engender effective leadership.

    He said effective leadership is vital for the continent as the days of coup d’état are over, adding that political leaders must not mystify power, but understand that time limits must be put in place for those who crave to perpetuate themselves in power.

    Prof.Adebajo gave an oratory presentation on the “African Cassandra”and said he had joined the ranks of African ancestors and become a member of the pan-African Pantheon.

    Many, who worked with the late Adedeji and spoke at the symposium, said he had no patience for laziness and sloppy thinking and he kept ECA officials and those who worked him on their toes with respect to the quality of their intellectual output.

    “His humanity shone through when he assisted his friends who had suffered grave injustice of arbitrary and unfair early retirement in various ways,” they agreed about the late ECA chief.

    The late professor was a Federal Commissioner of Economic Development and Reconstruction; Executive Chairman of the African Centre for Development and Strategic Studies. He was past President and Fellow of the Nigerian Economic Society; pioneer Chairman of the APRM Panel of Eminent Persons; pioneer Chairman of the National Youth Service Corps. Adedeji was also member of the Senate of the United Nations Institute for Namibia.

    He established the African Centre for Development and Strategic Studies (ACDESS) , a non-governmental independent continental non-profit think-tank, in Ijebu-Ode, Ogun State, where he continued to press and work for his dream of a better and self-reliant Africa until his last day.

  • Honour for ‘quintessential scholar’ Adedeji

    Profesor Adebayo Adedeji was an illustrious son of Ijebu-Ode in Ogun State. Everything about him to my reckoning speaks excellence. Or how best can you describe a man who was born in Dec 21, 1930 and within 36 years of diligent academic pursuits, became a Professor at the University of Ife, as it then was? To his eternal credit, he was the first Nigerian Professor of Public Administration.

    Indisputably, he was a man of towering intellectual height by all accounts. Meeting him cured two age-long fallacies; it is often said that an average Ijebu man is tightfisted. In Prof’s case, he was not just an Ijebu man but an economist par excellence. Ordinarily, one would have thought his profession coupled with his nativity would make it practically difficult for him to share out of his meagre resources. In dad’s case, the reverse was the case. He was generous to a fault. To all intents and purposes, I had no faintest idea that I was meeting a destiny – helper of an unequalled pedigree on that fateful day when a man of immense faith, Bishop Awosoga, presented me to you as a birthday gift aside from the spiritual blessings earlier offered. That day remained the most important in my mental diary because it was nothing but a watershed by all accounts. December 21, 1997, it was the occasion of your 67th birthday.

    You eased my protracted pains through your uncommon selflessness and generosity of heart. Symptomatic of a Mother hen, you cared for, catered for, and sheltered me with your feather. Consequently, the rough path began to make smooth gradually. When I erred out of sheer exuberance, you were always there to scold me in love and always seized the momentum to feed me with nuggets of wisdom. You gave a good account of yourself as the Federal Commissioner for Economic Development and Reconstruction from 1971 to 1975. Your blueprint later became the roadmap for that ministry. Your deeds, and I say this with every sense of convictions, outweigh, supersede, and surpass the Biblical accounts of the Good Samaritan. You were a Humanitarian whose calling is nothing but charity.

    Unconsciously in my weird imagination one day, I thought your unending love for me might have been informed by the location where you vowed to hand hold me and bankroll my academic pursuits.

    There and then, I regained my consciousness and came back to my stable senses, that your fidelity to me and other army of beneficiaries, some of whom are Muslims, had nothing to do with church, religion, inordinate intention, and/or political ambition. You were just suigeneric as a man to mankind.Your irrevocable commitment to be the eyes I never had till you breathed your last breath will be documented for my great – grand – children to read. God willing. Obviously, as a caring father and father figure that you were, you would never wish that I predecease you but I would have wished that you tarry awhile because of the destinies that are entrusted to you. What will be their fate now? Daddy, you brought me out of lake of fire, watered my life, and gave me a new life.

    When I was groping in the dark thinking I was fated for purposeless sojourn on earth, you surfaced and changed the narrative for good. My mother is ever grateful for your love and my siblings and I are in your debt till eternity. I make bold to say that the quality and the quantity of the testimonies that heralded your passage must have been heard loud and clear in heaven and the celestials are more than anxious to usher you into your palatial heavenly mansion. Deservedly. Dad, your death has not parted us. You are immortalised in my memory.

     

    • Efunbote is a certified Conflict Management and Resolution expert.
  • Banire, Olanipekun’s son, Adedeji, 18 others become SANs

    Banire, Olanipekun’s son, Adedeji, 18 others become SANs

    The Legal Practitioners’ Privileges Committee (LPPC) has conferred the rank of Senior Advocate of Nigeria (SAN) on 21 lawyers.

    The list consists of 18 practising advocates (including a female) and three from the academics. The only female is the former Attorney General of Ogun State, Abimbola Ibironke Akeredolu.

    Those from the academics are Prof. Maxwell Mickael Gidado, Dr. Tahir Mamman and Prof. Paul Oboarenegbe Idornigie.

    The others include the National Legal Adviser of the All Progressives Congress (APC), Dr. Muiz Adeyemi Banire; Director, Legal Services, Independent National Electoral Commission (INEC), Ibrahim Kanje Bawa; Emeka Benson Etiaba, son of former Anambra State Deputy Governor, Virginia Etiaba; and son of former President of the Nigerian Bar Association (NBA), Wole Olanipekun (SAN), Dr. Oladapo Olumide Olanipekun.

    Also on the list are Aderibigbe Ade Adedeji; Edward Kunav Ashiekaa; Benson Sopulu Nwankwo; Joseph Sunday Bamigboye; Patrick Ocheja Okola; Dr. Akinpelu Theophilus Onigbinde and Samuel Otseilu Zibiri.

    Others are Adeniyi Ayodele Adegbonmire, Emmanuel Chinwenwo Aguma, Olumuyiwa Akinboro, Gordy Uche, Uchechukwu Valentine Obi and Kehinde Kolawole Eleja.

    The Chief Registrar of the Supreme Court and Secretary of the LPPC, Ahmed Gambo Saleh, who made the list public yesterday, said a total of 124 legal practitioners applied in all, out of which were three females.

    Saleh said the 21 awarded the SAN rank this year will be sworn in at a special court session to mark the commencement of the 2015/2016 legal year on September 21 this year, after the court’s long vacation.

  • New PRA 2014 is game changer for Nigerians, says Adedeji

    New PRA 2014 is game changer for Nigerians, says Adedeji

    The new Pension Reform Act (PRA) 2014 is a game changer that has come to save Nigerians from the problem of inability to save by using part of their savings as equity towards getting mortgage facilities, Managing Director, Leadway Pensure PFA, Mrs. Ronke Adedeji, has said.

    Adedeji, a member of the Pension Fund Operators Association of Nigeria (PenOp), stated this while speaking with reporters in Lagos on the benefit of the Contributory Pension Scheme (CPS) under the new law at a media retreat organised by PenOp in Lagos.

    Highlighting other notable changes in the PRA 2014, she said  employers can no longer hide behind the fact that some workers are casual or contract staff.

    She noted that the new law states that any worker under any form of employment is entitled to a Retirement Savings Account (RSA) because whichever account an employer uses to pay salary is portable.

    She stated that casual or contract workers who decide to spend their working career under contract from one employer to the other are entitled to have RSA account that employers can remit pension contributions into.

    She noted that Group Life Insurance remains mandatory but employers who don’t provide life insurance for their employees will no longer get away free. She said: “The new development is that the law now specifies that if an employer does not provide life insurance, he is liable to pay the deceased beneficiary the entitlement or be sued. So peradventure, an employer decides to save money rather than obey the law and pay life insurance premium, the beneficiary has a right to sue the deceased employer.

    “Proceeds of life insurance can now be directly paid to the deceased beneficiary. Before now, the life insurance company has to pay proceeds of life insurance to Pension Fund Administrator (PFA) who will credit their RSA account and the burden was on us to track the beneficiary. This was a source of challenge for us. Very often, because the deceased did not update his or her information after registration, it is difficult for us to find the beneficiary. But the new law now places that burden on the insurance company like it was before the 2004 PRA. So when someone passes on, it is the responsibility of the insurer to look for the beneficiary and pay the life insurance proceeds.”

    Adedeji also said the previous law only mentioned participation by public service of the federation and private sector and left out state and local government adding that the state and local government felt they were at liberty not to comply.

    “The new law has clearly included the state and local government. The law has also expanded coverage from minimum of three employees to five employees. Another interesting thing is that anyone who is not in any of these three categories can still have a RSA through voluntary contribution. Other notable change is clear mention that contributions, income and benefit payments are tax free.”

    She described the provision of mortgage as a game changer for every Nigerian noting that people have been clamouring for accessibility to their pension savings before old age.

    Contributors usually lament lack of access to their RSA account when they have needs. With the new law, an individual can use part of his balance in his or her account as an equity contribution towards getting a mortgage facility. We as the PFAs are only waiting for the guideline by the National pension Commission (PenCom) to implement this aspect of the law, she added.