The Guardians Special Focus on result oriented award winning professionals of excellence and most inspirational business leaders driving Nigerias economic growth
Ever since democracy took root in Nigeria in the last twenty-three (23) years, there has been sustained effort on the part of government to bring the country out of the backwaters of underdevelopment to a first world status. This is the reason why government ministries, agencies and private organisations keep formulating several economic and business policies to drive the country forward.
In achieving this objective, technocrats and professionals both in the public and private sectors are needed in actualizing this dream. Thankfully, Nigeria has great professionals who have been able to formulate good economic policies for their various organisations as essential ingredients for the realization of the objectives of these firms. These outstanding professionals are the brains behind the successes of their various organisations in line with the visions of their companies and are worthy of emulation.
In the same vein, the growth and development of people is the highest calling of leadership, but the gradual erosion of values over the years has affected the quality of leadership available in different sectors in Nigeria. However, despite the enormous challenges bedevilling the Nigeria of today, some of her citizens who have continued to drive their passion and competence with hard work, dedication, patriotism and integrity have been able to distinguish themselves in different spheres of life and are providing exemplary leadership for others.
In recognition of the outstanding contributions of these great minds to the collective pursuit of the country’s goal of national development, in this report, The Guardian celebrates their impact and remarkable achievements and contributions to the nation’s economic growth.
“We’ve catalyzed job creation, unlocking opportunities in energy production, distribution, maintenance for sustainable economic growth” – Ekeoma
Mrs. Ngozi Ekeoma, LL.B, B.L, ACArb, is an astute entrepreneur, a serial wealth creator, employer of labour and unarguably one of Nigeria’s notable professionals cum business leaders, driving the nation’s economic and industrial development with indigenous capacity. Her business interests span across different fields in oil and gas, agriculture, manufacturing, power, money market, shipping and logistics. A lawyer by profession, she has received several trainings in management, alternative dispute resolution, leadership and strategy both at the local and international levels. She is an alumna of the prestigious Harvard Business School and she sits on the Boards of many companies and businesses. Presently, the Group Managing Director of Nepal Group of Companies, she is also the MD/CEO of Nepal Oil and Gas Services Ltd which is now Nepal Energies, Quest Shipping Ltd, Sorties Logistics, Emline Nigeria Ltd, Genesis Electricity Ltd, and South Globe limited, Nepal Upstream, and lots more.
A quintessential Amazon, savvy, versatile and quite an amiable personality, Ngozi hails from Igbere, in Abia State, Nigeria, and attended Aba Girls Secondary School, Abayi (high school), the University of Lagos where she obtained a Diploma in Criminal Justice Administration and later Bachelor of Law degree (LLB). With a degree in Law, she proceeded to the Nigeria Law School where she trained as lawyer and was called to the Nigerian Bar as solicitor and advocate of the Supreme Court of Nigeria. She currently pursues a Master’s degree in Law. She attended the Harvard Business School, Boston, USA and she is a Member of the Nigerian Institute of Chartered Arbitrators, Nigerian Bar Association, Patron of the Boy’s Brigade of Nigeria, “Mother” of the Christian Girls in Training (CGIT), strong member of the Women’s Guild of the Presbyterian Church of Nigeria.
A multiple award-winning entrepreneur, Mrs Ekeoma has won the Oil Gas Woman of the Year, Award for Entrepreneurial and Career Development, awards in Management and Leadership among others. As philanthropist she founded and drives the Pa. Anyaso Skill Acquisition Centre, a foundation that trains youths and women in vocation, skills and crafts. Mrs. Ekeoma has awarded several scholarships to the indigents under the Nepal scholarship Schemes which is driven by the Corporate Services Department of the Nepal Group. She pioneered and championed the construction of a world-class isolation centre and molecular laboratory in Abia State as part her contribution towards combating COVID-19 and for infectious disease control within the country.
Apart from championing the construction of the ultramodern molecular isolation centre, she was quite visible in the war against COVID and pandemic lockdown in 2020 and 2021 by providing food and other palliatives to the most vulnerable households and churches. To her credit, Nepal Group offers over 200 employments to Nigerian citizens, even as the unemployment rates in the country geometrically grows.
Similarly, apart from offering huge employment opportunities to the Nigerian youths, especially in Delta State, Ngozi has through her company, Nepal Oil built an ultra-modern block of classrooms at the proposed Police College/Training Centre in Oghara, Delta State. She carries out outreach programmes that feeds and provides Medicare to the poor and has also partnered and collaborated with a number of NGOs and charitable organizations to give relief to the needy. In 2014 she donated relief materials worth millions of Naira to flood victims in Bayelsa State. Between 17th and 19th September, 2017, through the Corporate Services Department of Nepal Group, she visited and donated relief materials worth millions of Naira to flood victims and Internally Displaced Persons (IDPs) in Makurdi, Benue State and on 2nd December that same year (through Nepal’s charitable CSR tagged “Back to the Roots”) she donated over 50 wheelchairs, other relief materials and palliatives across hospitals and homes in (Umuahia and Aba) Abia State. Similar Philanthropic and charitable works are credited to her in different parts of the country.
She is married to Elder Ekeoma Eme Ekeoma, a successful businessman and a church leader at the Presbyterian Church of Nigeria.
In this brief chat with The Guardian on her recognition as one of Nigeria’s “Award-Winning Professionals Of Excellence and Most Inspirational Business Leaders”, Barr. Mrs. Ngozi Ekeoma spoke about her career journey, trying moment and tough decision ever taken, the positioning of Nepal Energies to an A Class indigenous company with global best practices, amongst other pertinent issues. Excerpts …
What would you describe as the greatest passion that has brought you this far in your career?
My career journey has been driven by an unshakable passion to solve problems. It is the fuel that keeps me going, pushing boundaries, and seeking out innovative solutions. As the years rolled by, I discovered the power of staying current, of keeping my finger on the pulse of industry developments and market trends. This passion for staying informed has not only kept me ahead of the curve but has also been a constant source of inspiration. But let’s talk about tenacity, my superpower, if you will. I have always been the kind of person who sets a goal and charges straight for it. Challenges and setbacks have never deterred me; they have only steeled my resolve. Yet, amidst this journey, I have had an unshakable support system – my family. Their unwavering encouragement and belief in my passion have been a wellspring of strength, propelling me forward through every obstacle and joining me in celebrating each hard-fought victory.
So, what is my greatest passion that has brought me this far in my career? It is the combination of unwavering determination, a thirst for knowledge, an unbreakable spirit, and the loving support of my family that is sculpted this incredible journey.
With your experience in the last few years in the Oil and Gas Sector, petroleum product importation, warehousing, and distribution, what other innovative approach can you say has impacted the running of Nepal Energies under your watch?
At Nepal Energies, innovation is our steadfast companion, and it has been quite the adventure! We have honed our risk management strategies to near-perfection, ensuring we can weather any storm and keep the supply flowing, no matter what. We have transformed our team into champions. By nurturing and empowering them, and also cultivated a culture of excellence. Our employees are now our biggest assets, ready to tackle any challenge with confidence. It is like we have a crystal ball for customer satisfaction. By deeply understanding our customers’ ever-changing needs and preferences, we have crafted services and solutions that feel tailor-made. It is not just business; it is a relationship. We have sprinkled digitalization throughout our operations. Technology has become our secret sauce, helping us stay one step ahead of the game. It is a journey filled with excitement, and we are ready for the next thrilling chapter.
The “single mission” of Nepal Energies is “to increase Africa’s access to cleaner, affordable and reliable energy that drives economic growth”. How can you describe the achievements of the company in the past five years and what are the measures being put in place to sustain the success so far recorded?
Our journey has been nothing short of awe-inspiring, and our unwavering dedication to upholding this legacy burns brighter than ever. We have big plans for renewable energy, but right now, we are not in this field yet. We are looking forward to a future where we can bring light to homes and businesses that currently do not have access to power. Venturing deep into the heart of Africa, we have extended our energy solutions to the farthest corners, reaching out to remote and underprivileged communities. We have acted as a catalyst for job creation, unlocking opportunities in the realms of energy production, distribution, and maintenance. This not only has bolstered livelihoods but also endowed local communities with newfound strength. But our commitment transcends the mere provision of energy. We have actively embedded ourselves in the tapestry of local life, offering training, educational programs, and support for initiatives that propel communities towards development.
Our projects are not just about electricity; they are about empowerment. To ensure that our legacy endures and flourishes, we remain on a constant quest for innovation in our energy solutions. We harness the emerging technologies of the day to elevate efficiency and affordability to new heights. We are not content with just being a part of history; we are determined to shape its future.
As a key practitioner and stakeholder in the Nigerian private sector, what steps do you think government needs to take to address obvious challenges in the nation’s economy in order to fast-track economic development and wealth creation for the nation?
I can certainly offer some friendly suggestions on what the government could do to address the challenges and accelerate economic growth, which I believe we all want to see. After all, a prosperous Nigeria benefits us all A Nigeria where everyone has access to quality education, where our roads are smooth, public transport is efficient, and the lights never go out. We can achieve this by diversifying our economy away from oil and into exciting sectors like agriculture, technology, and manufacturing. Let’s also create a roadmap for our economic future, one that is predictable and consistent, with input from all of us, including the private sector. Remember, building a prosperous and inclusive Nigeria is a marathon, not a sprint. It is a journey we can all take together, hand in hand, towards a brighter future that benefits us all.
Can you share with us what you consider as the most trying moment in your journey to success and what qualities do you think are required of a young entrepreneur to make it to the top in Nigeria?
One of the most trying moments for me was when I faced a major setback in my business. It felt like everything I had worked so hard for was unraveling, and I was overwhelmed by doubt and uncertainty. It was a tough period, but looking back, it taught me some invaluable lessons. It taught me resilience, the importance of adaptability, and the need to surround myself with a supportive network of mentors and peers who could offer guidance during difficult times. The entrepreneurial journey is filled with ups and downs. You will face setbacks, but it is your ability to bounce back, learn from failures, and keep moving forward that will set you apart.
Building relationships with mentors, peers, and potential collaborators is vital. Networking can open doors, provide guidance, and offer support during tough times. Embrace the challenges when it comes, see it as an opportunity to become a stronger and wiser entrepreneur, be positive, you will certainly win.
MATTHEW EDEVBIE: Innovative Technocrat, Value Creator, A Catalyst Of Economic Development In Nigeria
For Nigeria to attain her position of respect and honour in the comity of nations in critical areas of human endeavours, professionals like Engr. (Dr.) Matthew Edevbie, FNSE, FNIEEE, FNIM, FNIPE, Group Managing Director and Chief Executive of 4Power Consortium Limited and Founder/CEO of Income Electrix Company Limited, remains one of those that the country looks up to.
Over the years, Engr. Matthew Edevbie has carved a niche for himself through professional and technical execution of power projects in Nigeria and some other countries in Africa. As one of the most articulated and innovative Engineers in Nigeria, Engr. Edevbie has distinguished himself not only as a professional Engineer, seasoned administrator and an accomplished entrepreneur but also has demonstrated a high degree of integrity in private and public dealings.
Engr. Matthew Edevbie – a visionary leader and distinguished engineer with a remarkable career spanning over three decades, has made immense contributions and profound impact in the Nigeria and Africa’s power sector. This is a confirmation of his commitment to the transformation and innovation in African countries.
He started his educational career at the University of Benin, where he obtained his Bachelor of Engineering in Electrical and Electronics. Edevbie’s insatiable hunger for knowledge led him to partake in Advanced Executive Development Programme at esteemed institutions. In 2006, he completed the Developing Leadership Competitive Progamme at IESE Business School, followed by the Owner/President Management Programme at Harvard Business School in 2007. In 2005, Engr. Matthew engaged in the Nigerian Infrastructure Programme at the John F. Kennedy School of Government at Harvard University. Also, in 2009, he embarked on the Leadership Journey: Creating and Developing Your Leadership at the Wharton School, University of Pennsylvania.
As a catalyst of economic development, Engr. Edevbie spearheads transformative change in the Energy Sector. Indeed, his bold and forward-thinking leadership has propelled his organization, Income Electrix Company to the forefront as Nigeria’s premier indigenous Engineering, Procurement and Construction (EPC) company. This distinction is underscored by the company’s prestigious ISO, Integrated Management System Certification, a confirmation of their unwavering commitment to quality, environmental sustainability and occupational safety.
Furthermore, it is worthy of note that his transformation impact in Nigeria resonates through, series of projects of remarkable significance. His visionary guidance was pivotal in realizing the groundbreaking of Bonny IIKVA grid, the NAOC-NLNG Gas Supply project, the Escravos 20MW power generation project for NNPC, the 50MW IPP for the OGFEZ, Construction of the 2×30 MVA transmission station at Oghara, Construction of double-circuit 33kV lines of Rural Electrification of Okoroutip to Opolom, Completion of NIPP distribution Lines Lot 2 in Abuja and Lot 20 in Ibadan Zone, just to mention but a few.
Beyond national borders, Engr. Matthew’s innovative impact extends to Cote D’voire, Sierra Leone and Liberia, where his expertise has revolutionized energy infrastructure and fostered regional collaboration. Specifically, another outstanding achievement of this innovative technocrat is the Engineering Power Generation Project in Sierra Leone, showcasing his capability to deliver complex projects efficiently while maintaining top-notch quality and safety standards.
Also, as agent of positive change, Engr. Matthew’s commitment to socio-economic advancement is evident in his dedication to rural electrification initiatives like the Niger Delta Regional Power Pool and Industrialisation Project which reflects his vision for reduced tariffs, industrial growth within the region. Undoubtedly, Engr. Edevbie is not only a dynamic and an accomplished entrepreneur in Nigeria but also, a man of focus and innovative technocrat that has contributed immensely to the growth and economic development of our nation.
In recognition of his commitment, dedication, hard work, integrity, innovativeness and enormous contributions to the economic development of the country, he has been honoured with many Awards and Recognitions by several organisations and institutes within and outside Nigeria and these include: Fellow by the Nigeria Institute of Power Engineers (NIPE); Special Guest of Honour Award from The Nigerian Institute of Electrical and Electronic Engineers (NIEEE); Fellow by The Nigerian Society of Engineers (NSE); Fellow by The Nigerian Institute of Management (NIM); Member, Council for the Regulation of Engineers in Nigeria (COREN); Fellow by Nigerian Institute of Management Consultants (NIMC); Fellow by Nigerian Environmental Society (NES) and Honorary Doctor of Science Degree by Michael and Cecilia Ibru University, Delta State. Similarly, he is the Chairman of Kevtrics Nigeria Limited, Chairman, Income Electrix/Fedco Joint Venture, Managing Director, Easy Pay International Limited and Director Port Harcourt Electricity Distribution Company (PHED).
Indeed, Engr. Matthew Edevbie is synonymous with innovativeness, value creation and integrity. He is not one of those who got to where they are by whom they knew but his journey to the top of his profession and entrepreneurship has been a product of his commitment, honesty, dedication, hardiwork, tenacity and creativity. He is a catalyst of economic development, a visionary leader, an agent of positive change and a role model in Nigeria.
How professionalism, integrity, timeliness trigger our success at FunmiAyinke Nigeria Limited, by Waheed-Adekojo
Dr. Amb. Funmilayo Waheed-Adekojo, FNSE, FNIMechE, FAPPON, CMC, PMP, the Managing Director and Chief Executive Officer of FunmiAyinke Nigeria Limited, is unarguably one of the household names in the Nigerian Engineering and Construction Industry. A certified Mechanical Engineer, seasoned entrepreneur, philanthropist and an alumnus of the Ladoke Akintola University of Technology (LAUTECH), Engr. Funmi Waheed-Adekojo is a result-driven professional who has delivered notable landmark projects across Nigeria and has received recognitions and awards within and outside the country.
Her company, FunmiAyinke Nigeria Limited is a fast growing Engineering Company that is competently involved in Project Management, Consultancy Services, Supervision, Design, Processing and Management of all Organization businesses on every aspect of Mechanical, Electrical and Civil Engineering Works. Under her able leadership, the company has also distinguished itself in the area of Construction of Buildings, Towers, Roads and Engineering Surveying, Facilities Management and Public Procurement Training for all Organizations, General supply of all goods, Petroleum Products and all types of vehicles.
In this brief interview with The Guardian in response to her selection as one of the “Award-Winning Professionals Of Excellence and Most Inspirational Business Leaders”, Dr. Amb. Funmilayo Waheed-Adekojo spoke about her childhood, professional career trajectory, FunmiAyinke Nigeria Limited’s innovative and unique services and offerings, prospects and challenges in the nation’s Engineering and Construction Sector, amongst sundry issues. Excerpts….
Tell us more about the passion that brought your career to life.
I did my National Youth Service Corps (NYSC) programme at two different institutions, namely the Ministry of Works, Jigawa State for nine months and concluded at the Federal University of Agriculture, Abeokuta (FUNAAB), where I later worked for six years. At FUNAAB, I rose to the position of the university’s Head of the Mechanical Engineering Unit of Works and Services Department, which was created for fabrication works, repair of generating sets, air conditioners and general maintenance.
Meanwhile, immediately after completing my NYSC programme I got involved in entrepreneurship and started an enterprise called Adefunmi Investments, which engaged basically in the sale of kerosene using a large pool of retailers comprising widows, the less privileged and other low income earners. It was a thriving business at the time and I also did maintenance jobs for filling stations including repair of fuel pumps, amongst others.
However, one day during my six years in government employment, I got worried that I was not fulfilling my purpose in life. I felt so stereotyped like doing same thing each day and got bored with the salary stuff. I needed more than that; I wanted something challenging. I believed I can create a magic in the Engineering world, and make a mark. Personally, I made direct communication with God and He told me “it is time”. Pronto, I rented a small shop, registered my company, and changed the business name to FunmiAyinke Nigeria Limited. Today, it is a testimony that we have done a lot of things in the Engineering Industry. I thank God that earlier dream came to fulfilment.
Can you describe how professional training has shaped your worldview and journey in life, as well as the impact on your to day-to-day activities, especially as the Chief Executive Officer of FunmiAyinke Nigeria Limited?
Good. I can tell you that Funmi Ayine is a woman that loves challenges. Initially, I did not start as a student of Engineering, I started as a medical student at LAUTECH’s College of Medicine. Unfortunately, in the course of my study, I lost my father who was a medical doctor. Hitherto, the only reason why I wanted to be a medical doctor was because of my dad due to the closeness between us. For a while, I could not get over the pain of the loss and I told myself that I was not doing Medicine again despite the fact that I was already in 400 Level. Just imagine, when my mates were planning to move to the Clinical stage of the programme, I had to leave. I did a change of course, lost two sessions and went back to 200 Level in Engineering.
I remember at that time one of my mentors asked “What do you want? I replied that if I could not be a medical student, is there any course in Engineering that is more challenging? He said “No, don’t try it! You are not even doing Maths.” But, I insisted. Then, somebody said there is one course often referred to as ‘the father and mother’ of all Engineering studies, which is Mechanical Engineering. Instantly, I said that is what I want to do. I was so dedicated to my goals, no matter how crazy they were. I wanted something that could challenge me personally. So, I went back to pre-decree tutorials – imagine a 400 level student doing tutorials with 100 level students. Gradually, I mastered Mathematics. Thank God for RCF Tutorials on campus at the time where students grasp, quickly. Like I said, I do not give up on my dreams.
Expectedly, my first semester in Engineering class was not easy, whereby a 200 Level 4-Unit Course was slightly wrinkled with ‘D’. Nonetheless, I have an orientation that nothing fails in the hands of a woman, once she is determined, she can do it. That is actually one of the things that got me going. As a woman, nothing can fail in my hands, I must survive every obstacle. By the time, I got to 300 Level, I was fine and already picked up.
Meanwhile, being a professional is the best ever. Starting with the general mentality of every mechanical engineer, which is about maintenance and safety, and giving value to non living things, Engineering governs you to know more and being cautious of your environment. That is one of the things that that has helped in my lifestyle – the skill to manage human beings, resources, create a friendly environment where people can work. Apart from managing people, a professional must possess excellent communication skills.
With your experience in the last few years in construction, engineering and project management, what other innovative approach can you say has impacted the running of your organisation?
First of all, what I normally talk about is our customers, our clients, their expectation, their satisfaction. Being able to make them understand what they want, is being able to satisfy their desires. The first thing in our business is integrity; people want organisations or companies they can trust. Therefore, one of the key factors for us from the beginning is integrity – we do not compromise. When you ask for quality delivery of your project, that is exactly what you get. We listen to our clients, to understand what they want. We build to their job’s specification and follow it to the letter. This is key.
Furthermore, we run a transparent system. At FunmiAyinke Nigeria Limited, we work with a team of highly professional staff who are part of a functional system. Even, without the Chief Executive Officer, everyone can function. Here, everyone plays a role, everyone makes contribution, everyone knows the whole process and how we started. Another important feature of our operation is diligence. In fact, the timely delivery of our project is paramount to us. We walk our talk. We do not play games by giving clumsy excuses. Our clients know when we are on their job, they can go to sleep. This is why we are one of the most talked about organisations in the Engineering Industry, at the moment. Thus, it did not come to us as a surprise to be conferred with the “African Beat Rated Engineering Firm, 2023”.
Similarly, based on the quality of our projects and accomplishments, the Council for the Regulation of Engineering in Nigeria (COREN) found us worthy by issuing us a Construction Certificate This is part of the testimonial that integrity pays.
You spoke about integrity and all inclusive leadership qualities that have brought you to limelight in terms of professional practice and earn you many awards. As a result-oriented professional, how have you been able to deal with the issue of standards in engineering and project management, especially in this part of the world where people love to cut corners?
I always say this, anyone with integrity does not have friends. If you are a man or a woman of integrity your friends will be few because the majority wants lies. I will tell you that we have on record of places we rejected projects, even when the offer is ‘very juicy’ but I said NO because we are not pursuing money, we are pursuing value. Our core value here is integrity first. We believe a good name is a harbinger of other good things. Truly, we do not get involved in any job that the scope does not fit into our corporate aims and objectives.
Can you tell us more about FunmiAyinke Nigeria Limited’s unique services and other offerings?
FunmiAyinke Nigeria Limited is an Engineering firm that is into consulting and contract. The consulting aspect involves architecture, quantity surveying, procurement of electrical and mechanical engineering equipment. In consulting we design and go as far as the third stage of building where we supervise our design to ensure that the construction is the exact specification in the design.
Also, we are into direct contracts where we build directly for clients. Across Nigeria, we have built over fifty very formidable, massive and iconic buildings with our name inscribed on them. In addition, the company is into project management which is all about ensuring quality, adherence to specification, quality execution, and timely delivery. We have been involved in project management across several sites with great results.
As a company with many faces, we have a record label and equally run a powerful music studio for both digital and live recordings where ndividuals and organisations are allowed to use for production. Beyond fulfilling our corporate social responsibility, we established a Foundation as a powerful umbrella for widows. This project reminds me of humanity, my mom and my experience while growing up. It also focuses on other single-parent kids and we have really truly touched many lives through the Foundation.
From your years of practice and experience, which project will you describe as the most challenging during execution and delivery?
Every engineer can bear witness that every project have their own challenges. Projects do not have similar challenges. It is like pregnancy, they say no baby is the same. However, I can remember one whereby I wanted to change from a particular foundation to raft foundation. Raft foundation is crazy and clients expect that only an international company can handle it. Albeit, we did not design the project but we were to build. So, we got there, did our soil test and discovered that the type of foundation recommended could not work.
Thus, I was faced with three things. First, my integrity, second, money – if I have to do what is correct I will certainly need money. Unfortunately, it was a contract without variation and the review of the cost was impossible. Therefore, the contingency bill and my profit must go for it. So, I looked at my team and said we should go for the raft, we would forfeit profit to give quality, and let that name speak for us. Everyone looked at me like I was crazy, but today it is a testimony. That was the most challenging project ever. I think it is a big thing that you worked on a project that you are aware has no profit, yet you dedicated everything into it, not considering the loss, to make it a success.
Currently, we are working on one amazing but intriguing five storey building of a guest house which would be commissioned, very soon. Similarly, we are constructing the Senate Building of a Federal University which is also very challenging because of the prevailing inflation in the market prices.
Generally, God has been so good to us on the job, if you must achieve good things in Nigeria, you must have some warrior skills apart from your professional skills. Engineering profession is not cheap, it is not for lazy people and you have to develop communication skills. As an engineer, you communicate, not just talk. Even in your design. If you know how to design but do not know how to present it, it becomes useless paper. A layman should understand what is on your paper.
Young and upcoming engineers should not allow anybody to intimidate them, most especially the female, regardless of being a male-dominated industry. I have been able to make it easier for every other girl child out there to see that it is doable. There is no room for intimidation, you have to be courageous, bold and be confident in yourself. Lastly, every engineer must know how to go on their knees and talk to God because the days are evil.
MOHAMAD DARWISH: Astute Business Strategist, Committed Communications Infrastructure Expert, Strengthening Nigeria’s Digital Economic Growth Through IHS Towers
Mohamad Darwish, the Executive Vice President/Chief Executive Officer and Co-Founder IHS Towers, has over 20 years of experience working in the Telecommunications Sector. He oversees HIS Towers’ largest market.
Having worked in various finance and technical functions and served as the Business Development Director and Deputy CEO before becoming the CEO of IHS Nigeria, Mohamad is responsible for leading the team that is committed to growing IHS Nigeria’s operations and further strengthening its position as the leading tower company in Nigeria. He also oversees the development of the IHS Nigeria strategic plan, the rollout of new sales strategies, and manages various key relationships with clients, regulators, ministries and NGOs.
As a member of the IHS Finance and Banking, Risk Management, Ethics, and Compliance committees, Mohamad also focuses on defining IHS Towers’ strategic plans on a group level while ensuring the company’s full compliance with international standards and best practices. He is deeply committed to initiatives and programs and that position African countries globally, inspire long-term economic growth and promote sustainable business behaviour.
A holder of Master of Engineering in Applied Operation Research from Cornell University Master of Business Administration with Honours from Rollins College, and a Bachelor of Electrical Engineering from the American University of Beirut, Mohammad’s IHS Nigeria is founded in Lagos, Nigeria in 2001, IHS Towers is one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count and is one of the largest independent multinational towercos solely focused on emerging markets.
The Company has nearly 40,000 towers across its 11 markets, including Brazil, Cameroon, Colombia, Côte d’Ivoire, Egypt, Kuwait, Nigeria, Peru, Rwanda, South Africa and Zambia. In 2021, IHS Towers completed an initial public offering as a listed company on the New York Stock Exchange. IHS Nigeria is IHS Towers’ largest subsidiary with over 16,000 towers and 8,000 kilometers of fiber in its portfolio.
IHS Towers provides mission-critical telecommunications infrastructure to its customers, most of who are leading mobile network operators, who in turn provide wireless voice and data services to their end-users. In doing so, IHS Towers helps facilitate mobile communications coverage for approximately 770 million people across its footprint, supporting economies to implement nationwide digital agendas. IHS Towers is dedicated to engineering excellence and the company provides a wide range of telecommunications infrastructure solutions and managed services to help its customers achieve their connectivity goals, through its six business models of colocation, new sites, inbuilding, small cell and distributed antenna systems, rural telephony, and fiber connectivity. Sustainability is at the heart of IHS’ business. The company aims to make a positive impact in the communities and on the people where it operates, with a focus on its four pillars of ethics and governance, environment and climate change, our people and communities, and education and empowerment.
IHS Towers is of the firm belief that the availability of communications infrastructure is vital for an increasingly connected world. By investing in telecommunications infrastructure, IHS aims to help increase connectivity between individuals, businesses, and communities. As connectivity reaches more and more people, it facilitates increased opportunities for people to thrive and prosper by accessing education, employment, and healthcare. In short, better connections lead to better opportunities and an improved quality of life. For more information, please visit: www.ihstowers.com/ng-en
How professionalism, passion for service critical core values that drive Hasal MFB’s business success, by Joel-Ezeugo
From Micro Financing services to SME financing, Hasal Micro Finance Bank have a full bouquet of products to meets it client’s personal investment needs. Hasal MFB Provides Its esteemed clients with an unforgettable business experience with product spanning from individual or group savings/lending services to tailor made SME financing options that are geared towards business growth and success.
In this chat with The Guardian, Mrs. Nwanna Amerlia Joel-Ezeugo, Managing Director Hasal Micro Finance Bank gives insight into what makes Hasal MFB outstanding and relevant as a brand in its 15 years of existence. Excerpts …
As the CEO, what strategies have you adopted over the years that has helped in expanding your portfolio at Hasal Microfinance Bank?
Joining the Bank in October 2019 and taking over effectively on the 2nd of January 2023, a review of the strategies on ground as well as the portfolio size & composition was done. The major products were reviewed and the challenges of growth identified with solutions proffered. Change management trainings were conducted for the Management and Head of Departments for acceptance of the expected changes that once implemented aims at expanding the portfolio of the Bank. Several trainings were done on improved credit evaluations to minimize defaults and that has been very visible in the reports of the Bank in the last 4 years as MD/CEO of Hasal Microfinance Bank Limited.
How would you describe the growth of Hasal MFB in Nigeria given the challenges peculiar with the Nigerian business environment?
Operating in Nigeria especially post Covid-19 has been very challenging. For us at Hasal MFB, focus was mainly on improved efficiency that ultimately improves profitability and sustainability. Changes have been made on our operating processes and adoption of green energy which has greatly improved the environment and increased Turnaround Time and reduced cost of operations.
The role of technology in any industry cannot be overstated as it keeps evolving, and helping businesses to offer advanced solutions. How are you leveraging on technology to improve your services?
For us at Hasal MfB, Professionalism and Passion for service are critical core values that drive our business and the benefits of leveraging on technology cannot be overemphasized. The core banking software was upgraded for more efficiency and this has resulted in faster services to customers and reduced time spent on transactions by Staff. Critical to this was the elimination of paper in our operations, digitalize the human resource activities as well as enforcing discipline through software that ensures Staff are reached without physical contacts.
MSMEs are important to the economy of any nation, but these categories of businesses are faced with a number of challenges particularly access to funds, how is HASAL MfB supporting these kinds of businesses?
Hasal MfB focuses on supporting MSMEs and this has been since inception of the Bank in 2008. Access to finance to the MSMEs depends on the nature of their businesses with the aim of ensuring that these MSMEs grow their businesses. The requirements and conditions are made very flexible, depending on the particular Sector that the Customer is engaged in. Over N11bn has been disbursed to the MSMEs over the past 4 years with increasing numbers on yearly basis.
With rising economic uncertainties and attendant defaults in loan repayments, what measures have you put in place to ensure your balance sheet is not threatened?
Loan defaults more often than not start from the sale and evaluation stage. The first stage is the proper identification of the right customer, profiled and evaluated in line with the set procedures of the Bank. Following closely is the evaluation of the Customers documents, verification of the customers’ business and residential information as well as other quantitative factors. The above amongst other credit evaluation measures have been adopted to ensure that the balance sheet of the Bank is not threatened through the risk assets.
What are the motivating factors that have inspired your career as a CEO?
One of the motivating factors that have inspired me as a CEO is the support received from the Board of Directors & Shareholders who have seen the progress and innovative ideas that have been introduced in driving the strategic objectives of the Bank. Following closely is the impact on the Management & Staff of the Bank in driving the strategic objectives of the Bank. I also derive motivation from the growth being experienced in the Bank especially in the health status of the risk assets of the Bank following Staff’s adoption of the changes in credit evaluation processes of the Bank, etc.
What are your projections for Hasal MFB in the next 5 years?
The strategic objectives of the Bank are clear and should be focused on. There is enough potential for Hasal Microfinance Bank to be one of the foremost Microfinance Banks in Nigeria at the National level, operating in most States of Nigeria. Also, Hasal MfB to fully adopt digital processes and compete favorably in offering banking services to MSMEs at a higher level, empowering the MSMEs to grow their businesses and increased reach.
MUIBI KEHINDE HAMMED: Bridge Builder, Astute Entrepreneur On A Mission To Positively Impact The African Business Landscape
Dr. Muibi Kehinde Hammed is a prominent real estate investor and the driving force behind the MKH Group, a conglomerate with large investments in real estate development, construction, and supermarkets. As a serial entrepreneur, Hammed, chairman of the MKH Group, is driven by a desire to promote strategic development across Africa, which explains his unwavering determination to make an effect outside of the real estate sector, where he has established an excellent reputation.
For those who don’t know, Hammed is the man behind The Wealthy Place; a commercial real estate development which is set to redefine the business landscape in the Lekki Free Trade Zone, attracting both local and international investors from diverse sectors.
He earned his bachelor’s and master’s degrees in Business Administration and Project Management respectively, and for his major contribution to real estate, he received Honorary Doctorate in Estate Management and Property Development from the European American University, Republic of Panama.
According to him, breaking into the real estate sector has been incredibly rewarding, especially because each project execution allows him to learn new things. “I have learned a lot from the various challenges I have faced as well as the successes I have had. My experience in the real estate industry has been a fast-paced learning experience. As an organization, we have achieved a level of success during the course of our business. We have built over ten estates in the western region of the country, and also executed numerous joint venture projects as well”, he said.
“At MKH Properties Limited, we pride ourselves to be customer centric. We put the interest and trust of our clients first by delivering value embedded with benefits in every transaction. This is attained through a high-leveled professional service delivery. As an organization, we go beyond service delivery to our clients; we always deliver peace of mind through the provision of authentic real estate solutions with high returns on investment”, he maintained.
Furthermore, he stated that MKH Properties Limited, the group’s flagship, has stood out from all other real estate firms due to its unrivalled ability to deliver value through outstanding real estate solutions to its diverse clientele. He said, “With years of industry experience and a team of seasoned professionals, we possess an in-depth understanding of the Nigerian real estate market. Our expertise enables us to navigate complex challenges and deliver innovative solutions that maximize value for our clients and investors. We are accepted nationally and also in the diaspora because we deliver excellence in all our products without compromising on standards.
“We believe that every client is unique, and we take pride in our ability to tailor our services to their specific requirements. Whether you are seeking a dream home, a lucrative investment opportunity, or professional advice, we offer personalized solutions that meet your objectives and exceed your expectations.”
To make his entrepreneurial path even more meaningful, he has left no stone unturned in his pursuit of academic training that will help him thrive in his businesses. This has led to him attending prestigious institutions such as the London Business School and the Lagos Business School, where he has obtained qualifications in estate development, sales, project management, and facility management. According to him, everyone who wants to be a great entrepreneur must continually seek knowledge because it plays an important role in understanding business trends in today’s dynamic world.
As a passionate, motivated, and value-driven business leader, he has also engaged in Nigeria’s teeming youths, offering scholarships and mentorship to help them achieve their dreams. To that aim, he has mentored over 500 young Nigerians from a variety of backgrounds and successfully trained over 2,500 people to become certified realtors. He has also invested in the Nollywood film industry with MKH Production.
As the phrase goes, life is not a bed of roses, and the MKH boss, like other successful business executives who have faced hurdles on their path to success, has also faced trying times that have given him new insights into life. “My most trying moment in this sector was in the year 2020, which was a defining moment for every business in the world due to the outbreak of COVID-19, but it was also a transitional period for us as a structured business.” The period served as a springboard for automating all of our procedures as well as expanding our target audience and client base globally. Life is full of challenges, but it is up to individuals to look for opportunities to grow or diversify in the face of adversity.”
In response to the need to accelerate the nation’s economic development as a means to create wealth, he urged the government to create a level playing ground for all parties involved in the private sector, make funds available for private sector investment, and enact regulations to guide against excessiveness across sectors and industries. “There is a need to implement monetary policies to control inflation and stabilize prices, improve infrastructure development, non-oil sector investment such as agriculture and manufacturing, financial sector reform, energy reform, investment promotion, and human capital development,” he said.
“All of these necessitates long-term commitment, political will, and collaboration among many stakeholders. Furthermore, a significant emphasis on good governance, transparency, and accountability will be required to guarantee that the advantages of economic progress are dispersed evenly among the population”, he added.
JOHN EHIGUESE: Perception Manager of Repute, Creating Unique Identity for Brands Across Industries
Mr. John Ehiguese is the Founder and Group Chief Executive Officer of Mediacraft Associates Limited. He has made a name for himself as an outstanding perception manager given his ability to deploy the right communication tools and strategies in building strong stakeholder relationships and wholesome reputations for brands and corporate organizations.
Prior to founding Mediacraft Associates in 2003, he was an Account Director at C&F Porter Novelli, where he brilliantly coordinated PR support for the MTN Nigeria roll-out from September 2001 to December 2002.
Under his leadership, Mediacraft Associates has grown steadily to become one of Nigeria’s leading public relations and integrated marketing communications firms, with a solid reputation of excellence, since establishment 20 years ago. Today, the company takes pride in being a one-stop shop for bespoke communications solutions to a discerning clientele.
“My journey into public relations is not by accident even though I started out in the advertising industry. I studied mass communication and could have chosen other fields of mass communication, but I chose public relations because I have natural writing skills and believed I would do well in PR. In retrospect, I have no regrets. We are 20 years old this September and I can tell you that we are arguably the biggest PR consultancy firm in Nigeria today in size. We have quite a positive and enviable reputation in the industry. Don’t take my word for it, ask my contemporaries, they will tell you that Mediacraft Associates always delivers top-notch services. That has been the secret of our success”, he said.
Having worked with high-profile clients such as Nigerian Breweries, Barclays Bank, Stanbic IBTC Group, Mastercard, Western Union, Interswitch, Chivita, Nike and Oando among others, it is no gainsaying that Mediacraft Associates has over the years stayed true to its brand promise in creating ideas and solutions that enable brands to connect effectively with their stakeholders, by deploying the right mix of communication channels and tools to ensure seamless engagement with critical stakeholders, while adopting an integrated communication approach that promotes and monitors the brand conversation across both traditional and digital channels.
It is therefore no surprise that Mediacraft Associates represents one of the biggest PR networks in the world in Nigeria, as a result of its exclusive affiliation with the FleishmanHillard Global PR Network. According to Ehiguese, a two-term president of the Public Relations Consultants Association of Nigeria (PRCAN), it is one of the most significant milestones in the company’s history.
“The FleishmanHillard Global PR Network is currently third largest PR network in the world with presence in over 80 countries. We became affiliated to them in 2015 and as their sole representative in Nigeria, we have access to their resources, tools and global network. We get some businesses from them and also service their accounts in Nigeria where the opportunity exists. It has been a wonderful relationship and I have no regrets”, he remarked.
Speaking on the significance of mergers and acquisitions (M&As) in the Nigerian PR industry, Ehiguese, a member of the Board of Management (BoM) of the International Communications Consultants Organisation (ICCO), stated that M&As are inevitable and that it is only a matter of time before they become prevalent in the industry. However, he cautioned that such a venture should be focused on developing skills and synergy in order to deliver higher-quality services.
A Fellow of the African Public Relations Association (APRA), a member of the Nigerian Institute of Public Relations (NIPR) and the Public Relations Consultants Association, (PRCA) United Kingdom, he expressed his displeasure concerning the pervasive quackery in the practice of public relations in Nigeria. According to him, the barriers to entry are almost zero, making public relations an all-comers affair in the country.
“The level of standard is relatively weak. It is a big problem because those who are quacks get business and they thrive. Some clients are unaware of this, but those who know their onions know where to go to get quality services. The laws regulating the practice of PR in Nigeria are outdated and they need to be updated to reflect current realities. We are doing something about it at NIPR and PRCAN levels, and eventually, the boys will be separated from the men, in a manner of speaking”, he said.
On how his company has leveraged on the use of digital technology in its operations, the quintessential PR practitioner explained that as a forward-thinking organization, Mediacraft Associates has continued to evolve along with modern trends in the use of technology
“We deploy digital, media monitoring and content development tools like Chat GPT which we have deployed in our practice. We are responding to the demands of the industry because there is a convergence of media, thanks to the internet and you have to respond accordingly”, he added.
“Perseverance, endurance, focus, keys to being a successful entrepreneur” – Ajulo
Michelle and Anthony consulting is the pioneer in overseas education consultancy since 2003. With quality credentials and its trustworthy service guides students to reach the best possible academic heights based on their academic merit and financial capacity. It provides financial advisory, training and management consulting services for businesses in the various industries.
In this chat with The Guardian, Mr. Victor Olufemi Ajulo, CEO, Michelle & Anthony consulting gives insight into what makes Michelle & Anthony consulting outstanding and relevant as a brand. Excerpts …
We will like you to give us a brief background into what prompted you to provide educational services?
I did accountancy in school and became a chartered accountant. I worked with NNPC in 1987 and moved to Abacus Merchant Bank, my father was also a banker. I am cut out for financing and I am still in financing. In 1991/1992, we registered Finance company which was doing financial advisory and a lot of things on financial intermediations, and loans indications. As at that time, it wasn’t very popular in Nigeria, arranging debts and all that.
It didn’t come into being very well until when now President Bola Tinubu started with Lagos dealing bonds and all that. About that time, I became a consultant to a company that was doing a major thing for Ajaokuta steel complex; they sold gas to the one they concession. By that, we had to get the original people that built the complex who were the Ukrainians. This took me to Ukraine and when I got to Ukraine, I discovered that their education is highly subsidized. We were to do BS for them in the name of a company called Professional Solutions which belonged to a great educator, the late Dr Fagbolu. We travelled to Ukraine together. It was in Ukraine that I saw that 75% subsidy was on education. We subsidize oil and consumables here but the Ukrainians subsidize education
Impart on both the public and private sectors in terms of educational development
Public sector has not really been imparted but we have been able to impart the private sector. Over the years, there have been a lot of non-quality people in the school business. Some of the first set of people that did school business had better education like David Abiom, Moody etc.
Those were the contemporaries that started it. I felt i must make an impact because of my education so it is not about doing agency alone. I started looking for partnerships and how to negotiate something that is good for Nigeria.
I found out that in the private sector you have to send your kids abroad to get the best because exposure is not here. People say that when you are trained here, you are not different from when you are trained abroad. This is a lie.
There are professors here in Nigeria that don’t supervise PhD students doing any new course for five to six years. How then will growth come? The private sector is where I have helped. I have sent a lot of students abroad that I am proud of, some of them had first class, scholarship. I have moved on from just doing agency to doing development of education which is one of the problems of education in Nigeria
Using Synergy to expand our portfolio
It will also interest you to know that i have established relationships with schools in Nigeria, higher institutions and secondary schools. I might not have been able to do much with higher institutions in Nigeria because they are not running on partnerships.
One of the laws that affects Nigeria is the old law that establishes that when you want to start a school, you must have 10 hectares and all that. Online education is not recognized in Nigeria just like in Ghana. The top universities that we work with cannot be made to do partnership with some Nigerian universities which has an effect on us. I have partnership with schools in Myanmar, Philippines, Turkey that I recruit students to. Also, allowing them to benefit from some of the programs which are benefitted by some of the good schools in Nigeria.
How Professionalism and astuteness has helped our business operations
My company handles it in the best and most ethical way. That has made us not to be able to get a lot of Nigerians on board. I see people that are quacks and are now more than real agents in the business. people are being asked to pay N600,000 to N800,000 to process a school in the UK. I always asked what that amount is for. When we are approached, we first try to get the names of our clients and get them to fill forms and try to ascertain their characters if they want to go abroad to study. This doesn’t allow us to get many students, and it is one of the reasons we decided to partner with secondary schools or individuals that know the worth of our programs.
Advice to young entrepreneurs
One of the things I can tell the young entrepreneurs is that they should look at perseverance, endurance and focus. If you do a survey of how many Nigerian youths are big time farmers, you may not find up to ten. The average people that are farmers are in their 40’s and 60’s. We are short of food, and apart from peasant farmers in the North, how many are into mechanized farming and how many want to farm? A graduate of Agriculture will complain of not being given an opportunity but nobody wants to wait and climb the ladder.
ALHAJI SHAMSUDDEN AMINU KOFA: Worthy Business Leader, Redefining Organizational Excellence in Corporate Nigeria
Alhaji Shamsudden Aminu Kofa, a dedicated and visionary leader in Nigeria’s oil and gas business, comes from a renowned family in Northern Nigeria. He has an outstanding academic background, having earned Bachelor’s and Master’s degrees from Bayero University in Kano. Alhaji Shamsudden is the driving force behind Red Star Oil and Gas Limited, one of the leading oil and gas firms in West Africa, as well as several other successful enterprises such as Transpecific Shipping Limited, Red Star Global Construction, and Halkoff Logistics. He is an ardent reader who is particularly interested in self-development and social economics.
Career Highlights
Alhaji Shamusdden has been the Chairman of Red Star Group since 2008, overseeing the company’s growth into a prominent player in the Nigerian energy sector. Under his leadership, Red Star Oil and Gas has established itself as a pioneer and leading provider of alternative crude evacuation services, offshore supply vessels, serving a diverse range of industries that rely on remote access via waterways. The company specializes in transporting freight, personnel, fuel, and supplies to remote areas, including offshore and marine stations, and supports scientific research endeavors.
Additionally, Red Star is recognized as one of Nigeria’s leading traders of refined products, with a strong presence among Northern-owned industrial buyers. His strategic acumen has positioned the company for long-term success and growth.
With a strong academic foundation and a successful track record in the energy sector, he continues to drive the growth and success of RED STAR Group. His commitment to excellence and industry expertise make him a key influencer in the Nigerian energy landscape.
Passion for the oil and gas industry
I am passionate about finding innovative solutions to the challenges facing the oil and gas sector, such as energy security, community relations, and climate change. I am also passionate about developing the next generation of oil and gas leaders in Nigeria. I believe that by working together, we can create a more prosperous and sustainable future for our country.
My passion for the oil and gas sector has help us achieve outstanding feats as an organization. We are pioneers in Alternative Crude Evacuation system in Bonny Area of Nigeria. This has helped in eliminating crude oil theft in these areas and use this system. It has saved the country millions of dollars usually lost to pipeline vandalism and crude oil theft and has had a tremendous impact on the environment due to avoidance of spillages.
Also, we are leaders in engaging community members in skills development and in discharging our corporate social responsibilities through various programs.
Level of professionalism and astuteness in handling business matters
We are committed to the highest standards of professionalism and astuteness in handling our business operations. This is reflected in our:
- Competent and experienced workforce: We have a team of highly skilled and experienced professionals who are dedicated to delivering safe, efficient, and sustainable operations.
- Rigorous safety and environmental standards: We have a comprehensive safety and environmental management system that is regularly reviewed and updated to ensure that we are meeting the highest standards.
- Strong ethical and corporate governance: We are committed to operating in an ethical and responsible manner, and we have a strong code of conduct that all employees are required to follow.
- Continuous improvement: We are constantly looking for ways to improve our operations, and we have a culture of innovation and learning.
Trying moment in the journey to success
Just like the saying goes, only a dead person has a straight life line. Life is full ups and downs and you will hit a challenge at some point and say to yourself, this is tough, then something tougher comes. The oil and gas sector is a very competitive industry, and there are a lot of talented people who are vying for the same opportunities. I had to work very hard to stand out from the crowd.
Despite all of the challenges, I never gave up. I kept learning and growing, and I eventually achieved success. I believe that the most trying moments in our lives are often the ones that make us the strongest.
How to fast-track economic development in Nigeria
The government needs to pave way for more private sector involvement in many sectors of the economy, this will be a major drive for advancement. A good example is in the US where the private sector was involved in railways.
The lack of adequate infrastructure is one of the biggest challenges facing the Nigerian economy. The government needs to invest in roads, bridges, airports, railways, and other infrastructure in order to improve the ease of doing business and attract investment. Government also needs to create a more business-friendly environment by reducing bureaucracy, streamlining regulations, and enforcing contracts. This will make it easier for businesses to operate and grow, which will create jobs and boost the economy.
Furthermore, the government needs to encourage innovation and entrepreneurship by providing funding, training, and other support to startups and small businesses. This will help to create new businesses and jobs, which will drive economic growth. Also, there is need for more investment in education and training to improve the skills of the workforce. This will make Nigeria more competitive in the global economy and attract investment.
More importantly, we need to see corruption as a major obstacle to economic development, therefore, government needs to fight corruption by strengthening the rule of law and enforcing anti-corruption laws. This will create a more level playing field for businesses and attract investment.
Advise for young entrepreneur to make it to the top in Nigeria
It is important for every budding entrepreneur to have a vision, that is, the ability to see the big picture and have a clear vision for the future. This is very essential for any entrepreneur. Entrepreneurs need to be able to articulate their vision and inspire others to share it.
Passion is the fuel that drives entrepreneurs. It is the reason why they get up in the morning and keep going even when things are tough. Entrepreneurs need to be passionate about their business and their mission.
Resilience is key attribute of every successful entrepreneur. The ability to bounce back from setbacks and failures is essential for any entrepreneur. There will be many challenges along the way, and it is important to be able to persevere.
The ability to adapt to change is also essential. The business landscape is constantly changing, and entrepreneurs need to be able to change with it. Likewise, the ability to identify and solve problems. There will always be problems to solve in business, and entrepreneurs need to be able to think critically and creatively to find solutions.
Every aspiring entrepreneur must be ready to lead by example. The ability to lead and inspire others is essential for any entrepreneur. Entrepreneurs need to be able to motivate and guide their team to achieve their goals.
Why Govt should consider social housing for low-income earners, by Osilama
Osilama Emmanuel Osilama served his country in his capacity as a former Council Member & Assistant National General Secretary, Real Estate Developers Association of Nigeria (REDAN) 2011-2015 and two terms as elected National Publicity Secretary BNPP.
As a pioneer member and Fellow of the Chartered Institute of Project Managers of Nigeria, he was appointed to represent the South-South Geo-political zone in the Institute’s Governing Council in 2018, and he served two tenures till June 2023, as an Estate Surveyor and Valuer, he is also a registered member of the Nigerian Institution of Estate Surveyors and Valuers (NIESV).
He is an active member and a Fellow of the Certified Institute of Auctioneers of Nigeria (CIAN). He was listed as one of the Outstanding 50 Real Estate CEOs since 1960 by the African Housing News as part of the record to mark Nigeria at 60 in 2020, among the Best Real Estate CEOs of 2022 by The Guardian Newspaper and several others.
He is the Pioneer MD/CEO, Nuel Osilama Properties Ltd, United Kingdom, and presently the Group Chairman / CEO, of Nuel Osilama Global Group. A man of many sides, Osilama E. Osilama is also the Author of many books centered on spirituality, entrepreneurship, and management. He hails from Udochi community of the South Unemeh clan in Edo State
He started his academic pursuit at the famous Army Day Children School Ikpoba Hill, Benin City where he obtained his FSLC with an impressive result in 1984, before proceeding to the then prestigious Command Day Secondary School Ikpoba Hill, Benin City, where he obtained his senior School Certificate in 1990.
Hungered for knowledge acquisition and community development, Osilama Emmanuel Osilama despising all odds, in 1995 proceeded to one of the resilient Universities in the world, the Ambrose Alli University, and obtained a Diploma in Social Works, he further went on to start a degree in sociology.
Among his educational escapades includes a pursuit of a new discipline at the Federal Polytechnic Nasarawa where he graduated with an Ordinary National Diploma (OND), and a Higher National Diploma (HND) in Estate Management and Valuation, he went further to a Post Graduate Diploma in Project management at the Metropolitan Business School of Management in United Kingdom, and an MBA in Italy.
His journey into the labor market actually started during his undergraduate program at Ambrose Ali University, Ekpoma where he functioned as a reporter with the then campus newspaper, Ekpoma Express in 1995. His commitment to excellence and hard work paid off when he first reported an all-time breaking news, thereby making Ekpoma Express to be the first news medium in Edo state to publish the news of the death of the musical maestro and legend of his time, Fela Anikulapo Kuti, titled, “Abami-Eda Goes Home”.
After his stint with the Ekpoma Express and studies at the University, Osilama E. Osilama returned to his base in Benin and later relocated to Abuja.
In the media circle, Osilama is also considered one of the emerging media powerhouses owing to his huge investment in information and communication technology. Among many of those investments include the establishment of an online store, Oduaki.com, an online Newspaper OduakiNews.com, NITV, Getshelters.com, and Property 24 magazine. A man of impeccable character, integrity, and camaraderie, who prefers to live and keep a very quiet life (Low profile life), Osilama Emmanuel Osilama takes pleasure in public speaking, writing, and despite his busy schedule, takes time to engage with his global community through the social media channels on a regular routine in a continuous bid to add value to humanity as much as possible.
An Estate Surveyor by Training, Estate developer and Property consultant by practice & experience, Entrepreneur par excellence, Political analyst, and social Media Personality by interest, he is the President and Head of faculty, Nuel-Osilama Leadership Development Academy. He sits on the advisory board of Shelter Conference International and IRECE Abuja. He is the current State Chairman of the REDAN FCT Chapter. He is happily married and blessed with children.
In this brief chat with The Guardian on her recognition as one of Nigeria’s “Award-Winning Professionals Of Excellence and Most Inspirational Business Leaders”, Osilama Emmanuel Osilama spoke about positioning the Nigerian real estate sector on global best practices ,the prevailing economic realities in the country, expectations from government, amongst other pertinent issues. Excerpts …
Prices of building materials are rising and developers are reviewing prices of houses. How can low-income earners own homes with this development?
The new administration of President Bola Tinubu has to step in by coming up with a “Federal government policy on housing” that will cushion the effect of the rise of the prices of building materials for construction so the low-income earners can own their own homes. The instability in exchange rate is affecting prices of building material and there is almost nothing the government can do about it ordinarily but the federal government can either subsidise some major building materials or not necessarily all or call stakeholders like cement manufacturers in Nigeria for a stakeholders meeting and prevail on them to reduce the price. Alternatively the government can open up the cement manufacturing sector to create healthy competition that will force the price of cement to go down.
Government should consider social housing for low-income earners while those who have capacity can still own luxury homes. The concept of construction like building designs and location can affect the value of the property. So the government will need to consider creating an enabling environment like access to land. For instance, in Abuja, there are vast lands outside the main metropolis like Kuje, Usuma, Apo axis, and others.
Also, government can partner with developers under the platform of Real Estate Developers Association (REDAN) to join forces for the provision of infrastructure or low-income houses within a given district. If the government considers this, it will help to reduce the cost of housing provision in Nigeria. The government must look inward; they have to think outside the box.
There have been calls by private developers on the need for the government to give up direct involvement in housing construction. What is your perspective on this stance?
Well, anyone saying that, is right, but I don’t think government involvement in housing construction is the reason why there are problems in the industry but it could also have contributed to the problem because if the government can strengthen all the agencies and not focus on producing houses thereby competing with players, they will be more effective but government direct involvement in housing production is one of the main reasons why they are finding it difficult to do what they are supposed to do because such policy will equally affect them.
So, it depends on where you are standing, it goes both ways. From my angle, I’ll say the government’s involvement should be minimized so that at the end of the day, we will have a better environment for housing production. Government should give up direct involvement in housing construction.
Estate agency practice has become an all-comer affair, attracting even those that defraud innocent Nigerians. How can this situation be dealt with to restore the glory of the profession?
The truth is that unless the National Assembly passes a law to this effect, it will be very difficult. If you go to other climes, agents exist, it’s just the fraudulent agents who are also taking advantage of the market and unsuspecting Nigerians to defraud them.
Why it has become an all-comers affair is because there are no jobs. People go through school and when they are out of school, they don’t have jobs so in an attempt to create employment for themselves, they end up as agents or make themselves available for every job that’s available and when most people think of how they can easily make money today, it’s the internet which is IT, real estate, crude oil business and other easy to engage businesses, they go into it so for us to say that quacks shouldn’t practice estate agency, you’re going to be pushing not less than 70 percent of the unemployed Nigerian youths out of the indirect employment that they are surviving with currently. I would advise that every existing association of agents in the country should be collapsed into one single association where they can be properly regulated to avoid fraudulent individuals who take advantage of innocent people.
When everybody submits themselves to an existing authority under any association, they are likely to abide by the law that governs such association because they can easily be called to book and they can also be easily fished out in case of fraudulent practice. So when some agents refuse to submit themselves to an existing institution, they will definitely continue to make trouble because they are not answerable to anybody.
Therefore, government should look for a way to strengthen any existing association of agents in the country although that agency practice exclusively belongs to Nigerian Institution of Estate Surveyors and Valuers (NIESV), we are trained to handle it but in a country like Nigeria, where there are no jobs, everybody will want to create jobs and do what is available to make money, that’s why the market has become saturated the way it is and we see these quacks creating associations of their own.
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