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OPINION: Mike Adenuga And The Ijebu Spirit
Published
2 years agoon
By
Editor
By Lasisi Olagunju
It was almost a missed call; or, more appropriately, an ignored call because the telephone number was unusual – an eight digit number. But, something told me: pick it, and I did.
“Hello, is that Mr. Lasisi Olagunju?”
“Yes, sir,” I answered, waiting for what would come next.
“My name is Mike Adenuga…” It took me two, three seconds to process what I just heard: Adenuga? Of Globacom? The voice sounded real. I heard myself exclaim “Ha!” He heard me too and burst into laughter; he laughed heartily.
Then, he followed up; telling me that he called to appreciate what I wrote. “I have just read your most recent article,” he said while commending the language, the choice of words. That was four years ago. He was referring to my August 19, 2019 piece I entitled: “Awujale’s Ojude Oba ‘swansong.’” He, particularly, thanked me for the mention I gave him and his company in that piece. But – I told myself – words about him and his exploits were in not more than two paragraphs, yet he was effusive in appreciation!
“Are you from Ibadan,” he asked me.
“No, sir. I am from Eripa.” I could guess what would follow.
“Eripa? Where is Eripa?”
“Eripa is in Osun State, sir.”
“Osun State. Osun State. Why are you not from Ibadan? You should have come from Ibadan.” I burst into laughter; he laughed too.
Then, he said some other great things and ended the call. The significance of that conversation was not lost on me. The man who just called and spoke so affectionately with me is one of Africa’s authentic richest and best. The call was a surprise king-size call; it is impossible to forget that moment.
That reach-out speaks to the man’s humanity and the values undergirding his essence. I noticed that the hugely successful businessman used the Yoruba honorific pronoun ‘e’ for poor me throughout that encounter. It was a lesson in humility and the reason why the great is great and will remain so. It was a privilege that was also a reminder that the world was reading and watching; and that the writer should be very careful about what he writes and how he writes it. When you choose to speak or write, you’ve become an egg thrower; you cannot repack whatever you have unleashed. I learnt that lesson from home and had it burnished one busy evening in 1996 or thereabouts. Mr Biodun Oduwole was our Editor-in-Chief. He sauntered into the newsroom that evening, glanced through a story, looked up and commented: “You people should be careful in your choice of words when you write. These things that we write, just one line is enough to build or destroy…”
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I have, these past days, read with relish tomes of tributes from Adenuga’s fans and beneficiaries on his 70th birthday. The climax came on Saturday, 29th April; it was his day and the way it was marked showed that what was celebrated was not just the billionaire or his billions. More significantly celebrated was the social value of the billions the man has – the humanity behind the wealth. How does it feel to be 70 in great wealth and gracious quietude? Those who have been there will tell us. We know one thing, however: Man is not born perfect; he has weaknesses but men of distinguished provenances age quietly and get better; the tannins get dissipated; a bouquet of rich flavours seep in – exactly like extraordinary wines of 70 years, preserved and aged under ideal conditions- right temperature, stable humidity. I carefully read many of the tributes, testimonies and testimonials. His ways teach us that you don’t have to be in politics and public office to impact humanity in positively unforgettable ways. Adenuga deserves every great thing that has been said about him. He deserves more – including this postscript.
We hear and read of Adenuga’s astounding life-saving interventions involving the high and the low, particularly the low. I remember a case: A member of Globacom’s PR team sent me a WhatsApp message three years ago. It was a video clip that had gone viral. The sender accompanied it with a request: “We are looking for this woman. Can you help?” The lady in the video was stark naked. She was shown in her thatched hut flinging away her own scant wares. She was obviously not insane. What I was seeing in that video was not madness; it was the world showing the woman how wicked it could be. The strange behaviour was the victim’s reaction to the harassment she was getting from some agents of state; the wicked could be heard behind the camera issuing threats. We tried and searched everywhere but couldn’t locate the woman. Months later, I read in a Glo in-house magazine that the hunt had yielded results; she was discovered deep in the woods of a village on the outskirts of Badagry, Lagos State. She was met broken and bruised by life. The woman’s consequent trip to Adenuga’s presence in Banana Island was a journey of total rebirth and reinvention; her story changed positively forever. There are many of such search-and-rescue stories involving the quiet man of means who clocked 70 on Saturday.
Adenuga has had very many profound engagements with the Nigerian society. In my 2019 piece on Ijebu’s Ojude Oba, I said the king’s thoughts had an intriguing confluence with Adenuga’s intervention in telecoms in Nigeria; the need to enthrone the right values in public and personal policies. Nigerians of 30 years and younger might likely not know that digital mobile telephony came as expensive as wanting to be president of Nigeria. Payment was as unfeeling as Multichoice’s erratic, ever-increasing DSTv subscription fees; the SIM card you get for free today was N30,000 or more. Worse, it did not matter that you made a phone call for just a second – you must pay for 60 seconds. It was ‘buy a second, pay for a minute’ –which was N50. Phone users cried and wailed but the kingly ‘foreign’ operators dispensing telecom favours in 2001, 2002 insisted that per second billing was not possible. Then the Ijebu man came with his Glo on 29 August, 2003 and, from that point, telecom kingmakers stopped playing god – a second’s call started attracting a second’s pay across all platforms. SIM cards became affordable; Glo leveled the ground for the rich and for those on the other bank of life. What heartless business said was impossible became possible; Adenuga’s entry and intervention snatched back for Nigerians their country from the jaws of invasive Shylocks in telecoms. The crocs ate their own jaws, teeth and all; they surrendered. You can now see why the beneficiaries of Adenuga’s life and business choices are not only Globacom’s 55 million subscribers. The entire country is his beneficiary. That is why his quiet 70th birthday was made deafeningly loud by usual and unusual people. The reason I am writing this, wishing him well.
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How does it feel to be wealthy? A Yoruba saying says having a lot of money gives peace of mind (ìfòkànbalè); an old musician, Yusuf Olatunji, defines “having money at home” as the father of peace (baba àlàáfíà). And, so I ask: What is the purpose of wealth? Or, how does wealth advance one’s goal in life? I go to Aristotle, ancient Greek philosopher, who exhaustively engaged the subjects of wealth, life and happiness. What is the ultimate purpose of life, he asked? It is to be happy; and happiness is “to find joy, contentment and satisfaction in one’s pursuits and relationships.” He further described ‘happiness’ as “the meaning and the purpose of life, the whole aim and end of human existence.” He said a person is happy “who lives in accordance with complete virtue and is sufficiently equipped with external goods, not for some chance period but throughout a complete life” (Nicomachean Ethics, 1101a10). In other words, to be truly happy, you need money, you need lovers, friends; you need skill, knowledge, sound education, sound health and other “external goods” sufficient for a lifetime, enough for “a complete life” – and you deploy all these “in accordance with complete virtue” for the general good. When a man of means sets targets of goodness and meets them; when he chooses a life of ‘seclusion’ and of quiet bonding and connectedness with the high and the low; when he avoids the tempting flashlights of loud giving, he achieves for himself a definition of happiness that goes beyond the limits set by the masters of philosophy.
I read some headlines that described Adenuga as the “Spirit of Africa.” What I see is the never-say-die spirit of the Ijebu in the man. Many roads lead to the Ijebu market; the successful homeboy, most times, chooses that one which is rarely taken. And it leads gracefully to the throne of grace. The apple never falls far from the tree. The 2019 article that attracted that telephone call from the Globacom chairman was on Oba Sikiru Adetona’s preemptive demand on the kind of person that should be allowed to succeed him as the Awujale. The oba spoke at that year’s edition of the annual Ojude Oba festival sponsored by Adenuga’s Globacom. And there, he said what no oba likes to say – words about death and succession: “When I eventually go, please, go for a capable successor. Reject any candidate that will put Ijebu land into regression. Do not politicise the process of selecting my successor. Do not go for people that will draw Ijebu backwards. If the next ruling house does not present a viable candidate, please, reject him and go for the next ruling house with a capable candidate. Do not go for moneybags that will destroy the achievements Ijebu land has recorded so far.” I felt (and still feel) that only an unusual king of an unusual people would so calmly breach the iron wall of fear; a sovereign talking so loudly about his own after-reign.
Two things stand out in that royal statement: viability of leadership and repudiation of unethical deployment of resources. If the oba had said what he said before a Nigerian general election, his dove would have been accused of chanting incantations to the hearing of our politicians’ irritable pigeons. What he said is truth that gives allergies to priests and principalities of Nigeria; angels who share kola nut lobes with the devil. But, the oba’s words were straightforward and his audience well-defined. His Ijebu people were his audience. Every Yoruba person knows something about the Ijebu’s affinity with money. They are not menial because they know money lives in elevated grounds. While the Yoruba of the hinterland were beating their chest with cutlasses and hoes and saying ìgbé l’owó wà (money is in the bush/farm), the Ijebu, very early in life, rejected that business sense; they proudly told themselves that the city was their own farm. Daniel R. Aronson’s ‘The City is Our Farm’ (1978) is about Ijebu families and their very eloquent ways and means to fame, power and wealth. People who know the Ijebu know they’ve always had money and know how to spend money. Their carriage, however, suggests that the value they place on wealth is directly proportional to how it benefits the world of the wealthy. It is the functionalist route; a rejection of wealth for wealth’s sake. They measure the social value of money in terms of the functions money performs. That, incidentally, is the position of grand old economist, Walter Stewart (1885-1958) in his ‘Social Value and the Theory of Money’ (1917: 984). Wealth profits the wealthy only when it is virtuous in usage and makes the less fortunate happy. Did you not read testimonies on this in articles, columns and advertorials, etc celebrating the essential Mike Adenuga on Saturday?
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Every nation has founding ethics which define its values and shape its people’s politics and economics. The Awujale knew his people and why he believed leaders affect destinies – and that money should not be a city’s electoral college. What picks leaders is in their history. Tradition says the story of Ijebu and its stellar spirit started with the migration (from wherever) of an inventive people. Read T.O. Ogunkoya’s The Early History of Ijebu (December, 1956). It tells us how from their beginning and across centuries the Ijebu have proven to be a resiliently resourceful people with a very rich history in war, politics, trade and commerce. They have always been a people of “change and continuity.” They traded with Europeans before colonialism and gained power and prestige. They are a people who send power and money on errands, not the other way round. They can be very tenacious in pursuing goals and unyielding to challenges. Like lions, they hold their ground and defend their territories. The British-Ijebu war of 1892 was essentially a war over trade and routes. They lost that war, but they gained the respect of the British who saw how worthy the Ijebu were as an adversary.
We gain a better insight into what is stocked in that DNA when we read the words of a pioneer Yoruba clergyman, R. A. Coker of the Church Missionaries Society (C.M.S.) in one of the church’s ‘Annual Letters’ dated December 19, 1897: “The Jebus are an ambitious people and will not be rivalled. They are quick at acquiring the art of anything and are too impatient to go through a thing systematically. For instance, they cannot see why the art of reading could not be acquired or accomplished in a week at most (as well as) master carpenting, shoemaking and tailoring. One man learnt to read the Bible in a month. Very large numbers of books are sold – 600 portions of scripture….Many begin to read from curiosity or in order to know what their companions may be boasting of or from some other motive” (see J.D.Y. Peel, 1977: 130). That was over 200 years ago. There is no way you read their contemporary history and look at them today without those same traits winking at you. If Adenuga was denied a GSM licence in 2001, lost $20 million and he dug in and reapplied, paid $20 million again and got it in 2002, you can understand where he was coming from.
Excellence is never an accident; that, again, is from Aristotle. The philosopher added that excellence “is always the result of high intention, sincere effort, and intelligent execution; it represents the wise choice of many alternatives – choice, not chance, determines your destiny.” Trees tower in the forest because they mastered the art of putting the wind on the leash. With their deep roots and sturdy stems, they shame storms; they habitualize excellence for the world to marvel at and applaud. And, the fruit is a product of the tree and the soil that sires it. Peel (1977) said Ijebus are “one of the most distinctive Yoruba-sub-groups.” The British sociologist was right. In politics, commerce, religion, scholarship, entertainment and in virtually all other sectors, Ijebu’s exclusivity and distinction have not stopped to amaze the world around them. That sub-group gave us Obafemi Awolowo; gave us Tai Solarin and Wole Soyinka, Prince of Isara. It is a corridor with a womb for giants, producing world champions, the pride of the black race. Think of boxers Anthony Joshua and Israel Adesanya, current global sensations. Today’s biggest is Mike Adenuga who sits atop the throne of business – and of philanthropy.
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OPINION: Nigerian Electricity Lie And The Old Northern Folklore

By Israel Adebiyi
In the heart of Yoruba folklore, there is a child born with mischief stitched into his soul. He is Abiku—the spirit-child who comes into the world, only to die, and return again to inflict fresh sorrow. The desperate mother performs ritual after ritual, consults powerful babaláwos, adorns her child with protective charms, but Abiku always returns, mocking the hope of rebirth. In one telling, the babaláwo himself appears a fruad—his chants loud but empty, his herbs mere weeds.
The Nigerian National Petroleum Company Limited (NNPCL), formerly NNPC, embodies this tragic metaphor. It is the Abiku of Nigeria’s economic soul. Born in promises, baptized in reforms, renamed with boldness, yet it returns—every time—bearing the curse of failure. No sacrifice, legislation, or rebranding has been able to stop its descent into infamy.
Each administration comes chanting its own incantation. From the Petroleum Industry Bill to the so-called commercialization into NNPCL, none has tamed this entity. Like the mythical child, NNPCL is stuck in a cycle of rebirth without redemption.
Decades after its creation, Nigeria’s national oil company still refines no crude, despite billions of dollars poured into the Port Harcourt, Warri, and Kaduna refineries. These refineries remain ceremonial tombstones—massive industrial relics whose pipes no longer carry petroleum but pension burdens. Thousands of workers are paid full salaries at these ghost facilities. Their services neither generate fuel nor add value to the economy. It is a conundrum where work exists in name, and output exists only in fiction.
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Yet we continue to fund this lie. As if cursed, every government continues to pump public funds into these dead structures. The anomaly cum insanity deepens when successive administrations spend billions on these infrastructures, in the guise of turn around maintenance without results. What kind of privatized entity relies almost entirely on government goodwill to exist?
Yet again, as if on cue, the spirit-child has returned with blood on its hands.
The latest in this gory saga is the arrest of Umar Isa, the former Chief Financial Officer (CFO) of the NNPCL, by operatives of the Economic and Financial Crimes Commission (EFCC), over alleged fraud amounting to $7.2 billion. It is a staggering amount, reportedly linked to funds allocated for the so-called overhaul of the moribund refineries. Also in EFCC custody is Jimoh Olasunkanmi, the former Managing Director of the Warri Refinery.
During his tenure as CFO, Umar Isa allegedly supervised the disbursement of these funds—meant to breathe life into the corpse of our refining system. But instead of progress, Nigeria is left with smoke and mirrors. Allegations now hang over Isa and other senior officials for corruption, gross abuse of office, mismanagement of public funds, and receiving kickbacks from contractors.
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Among those reportedly under scrutiny are Tunde Bakare, the current MD of the Warri Refinery, as well as Ahmed Dikko and Ibrahim Onoja, both former MDs of the Port Harcourt Refinery. This unfolding scandal has, once again, brought the dark heart of the NNPCL into view—an institution drowning in opacity and defiance of accountability.
And if this wasn’t damning enough, the Senate Committee on Public Accounts, chaired by Senator Aliyu Wadada, has further sounded the alarm. The Committee flagged irregularities running into trillions of naira within the NNPCL’s finances between 2017 and 2023. Eleven damning queries have been issued to the finance team of the company, with a one-week ultimatum to explain where the smoke has been hiding the fire.
Meanwhile, Nigerians are breaking under the weight of rising petrol and diesel prices. The excuse? Fuel subsidy removal. The justification? Market forces. But who reaps these market rewards? Certainly not the citizens.
What NNPCL should be doing—investing, refining, generating revenue—it has failed to do. But it excels at opaqueness. For years, reports have emerged of trillions of naira in unremitted revenue, unaudited accounts, and shady swap deals. The claim of being a commercial entity has become a curtain drawn across fraud.
Even more troubling is the continued practice where the President of the Federal Republic of Nigeria also serves as the Minister of Petroleum. It is a conflict of interest institutionalized. From Obasanjo to Buhari and now Tinubu, this tradition has shielded the petroleum sector from true scrutiny. And what of the National Assembly? Constitutionally empowered to perform oversight, they too have become complicit, rubber-stamping oil budgets and feasting on PR briefings without demanding true accountability.
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The Petroleum Industry Act, which was meant to force transparency and push NNPCL toward true efficiency, now looks like yet another incantation in the growing pile of failed chants. It has not delivered competition, efficiency, or openness.
The tragedy is sharpened when one looks across to Dangote Refinery, a private investment that, without state subvention, is already setting a new benchmark. Dangote’s effort, flawed or not, at least reflects progress. NNPCL, by contrast, remains a mythical burden—too big to work and too sacred to touch.
So what do we do with a child like Abiku?
In the old stories, the only solution was brutal: expose him, reject the charm of return, and deny him the chance to keep the family in perpetual mourning. For Nigeria, this means a complete overhaul of the petroleum sector, not cosmetic renamings. It means dismantling what doesn’t work, opening up what is hidden, and giving way to systems that serve the people, not powerful cartels.
We must probe the NNPCL—not with press releases but with forensic audits. We must legislate actual penalties for failure and demand restitution for public funds misused. And we must, finally, separate governance from business.
Nigeria cannot afford to keep nurturing a child that brings no joy, only sorrow.
Until we are bold enough to lay Abiku to rest, we will continue to mourn over the carcass of our oil dreams.
News
PHOTOS: President Tinubu Receives Queen Mary Of Denmark At State House
Published
14 hours agoon
June 24, 2025By
Editor
President Bola Ahmed Tinubu and his wife, Senator Oluremi Tinubu, received Queen Mary Elizabeth of Denmark at the State House in Abuja on Tuesday.
The monarch, who paid a courtesy visit to the President, was welcomed at the President’s official residence within the State House.
Queen Elizabeth was accompanied by the Danish Ambassador to Nigeria, Jens Ole Bach Hansen.
The Chief of Staff to the President, Femi Gbajabiamila; Minister of Foreign Affairs, Ambassador Yusuf Tuggar; and the Minister of Budget and Economic Planning, Alhaji Atiku Bagudu, were present at the reception.
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Following the reception, a closed-door meeting occurred, marking a significant diplomatic engagement between Nigeria and the Kingdom of Denmark.
In a statement he signed and released vis his verified X page, President Tinubu said the conversation between him and the monarch was constructive and forward-thinking.
It was a distinct privilege to receive Her Majesty Queen Mary Elizabeth of Denmark today at the Aso Villa in Abuja. Together with the First Lady of the Federal Republic of Nigeria, Senator Oluremi Tinubu, we welcomed Her Majesty on this important visit to our country.
“It was a distinct privilege to receive Her Majesty Queen Mary Elizabeth of Denmark today at the Aso Villa in Abuja. Together with the First Lady of the Federal Republic of Nigeria, Senator Oluremi Tinubu, we welcomed Her Majesty on this important visit to our country.
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“Our conversation was warm, constructive, and forward-looking, grounded in mutual respect and the enduring ties between Nigeria and the Kingdom of Denmark. Her Majesty’s presence here stands as a mark of goodwill, shared values, and a renewed commitment to deeper cooperation across key areas,” the President said.
President Tinubu expressed his government’s commitment to partnerships that open opportunities for Nigerians.
“As a government, we remain committed to partnerships that uplift our people, open new opportunities for prosperity, and ensure a sustainable future for generations to come,” he said.
News
53 Suspects Arrested Over Benue, Plateau Wedding Killings — IGP Egbetokun
Published
14 hours agoon
June 24, 2025By
Editor
Inspector-General of Police (IGP) Kayode Egbetokun on Tuesday announced that 26 persons who actively participated in the killings in Yelwata Community, Benue State, on June 13, 2025, have been arrested.
Egbetokun said 47 people were confirmed to have been massacred during the attack, while 27 others sustained various degrees of injuries.
He said two of the bandits who were part of the attackers had earlier been killed on the ill-fated day by police operatives when they attacked the police station in the community.
The IGP said, “As you will all recall, on June 13, 2025, between the hours of 11:30 p.m. and 2:00 a.m., armed militias invaded Yelwata Community in Guma Local Government Area of Benue State, killing and maiming any soul on sight.
“The invaders rampaged and pillaged the community, setting several houses ablaze and maliciously destroying other properties and people’s means of livelihood.
“It was a coordinated attack of terror against the community.
“In this senseless and barbaric attack, forty-seven (47) persons were confirmed killed, twenty-seven (27) persons sustained various degrees of injuries, and hundreds of others have been displaced but not dead.
“The police and other security agencies responded with adequate deployment of personnel and resources, including the deployment of tactical units and special forces, to restore confidence in the affected community and neighbouring communities.
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“Also immediately deployed were detectives from our Intelligence Response Team (IRT), who swung into action, launching a manhunt for the perpetrators of the heinous crime.
“I am pleased to inform you today that twenty-six (26) persons directly connected to this crime have so far been arrested and their weapons recovered.
“On 19th June, two (2) prime suspects who were masterminds of the attack were apprehended from their hideout.
“This arrest led to the arrest of seven (7) other suspects on the following day, 20/06/2025, who were picked up from various locations where they had fled, hoping to evade justice.
“On 21st June, another key suspect in whose house the initial meetings to plan the attack were held was arrested.
“On 22nd June, a major breakthrough was recorded with the arrest of eighteen (18) other suspects who directly took part in the killings.
“On 23rd June, our detectives recovered two (2) GPMG and eight (8) AK-47 rifles, which were part of the weapons used during the attack.
“All 28 suspects are currently in custody and have voluntarily confessed to their individual and collective roles in the attack.
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“As I speak, legal proceedings are being finalised, and they will be charged to court without delay.
“We will go after anyone—planner or executor—who attacks any community in Nigeria. We will leave no stone unturned until every single individual responsible for the killing of innocent Nigerians is arrested and brought to justice.
Plateau
“Similarly, on 22nd June 2025, a heartbreaking incident occurred in Mangu, Plateau State, where a bus conveying passengers from Zaria was stopped and attacked by a mob.
“Tragically, nine (9) of the passengers were murdered, and three (3) sustained injuries before our teams could intervene and rescue the remaining twenty-two (22) victims.
“So far, twenty-two (22) suspects have also been arrested in connection with this gruesome act of mob violence.
“They too will face the full wrath of the law in court.
“Again, yesterday (Monday), 23/06/2025, another ugly incident was recorded in Benue, where two (2) persons travelling in a truck were killed at Agan Area, North Bank, Makurdi.
“Five (5) persons connected to the incident have so far been arrested and will also be made to face the full wrath of the law.
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“Let me use this opportunity to issue a stern warning: jungle justice, mob action, and taking the law into your own hands have no place in a civilised society.
“Every Nigerian has the right to life and a fair trial. We will not tolerate any individual or group who attempts to be judge, jury, and executioner.
“Those inciting violence and killing innocent Nigerians are warned to desist forthwith.
“The recent trend of reprisal killings—where innocent citizens are murdered in retaliation for crimes committed by others—is barbaric, senseless, and dangerous.
“It does not bring justice. It only fuels further hatred, inflames tension, and perpetuates the cycle of violence.
“I want to unequivocally condemn the recent spate of violence across our nation.
“This is not who we are. Violence is not the answer. I call on all Nigerians—regardless of religion, ethnicity, or background—to choose peace, embrace dialogue, and work together for the unity and prosperity of our country.
“I call on all communities across Nigeria to remain law-abiding, vigilant, and cooperative.
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“The security agents deployed to your communities are there to protect you. Work with them. Share information. Stay calm. Together, we will overcome these dark forces.
“I must acknowledge that the breakthroughs we have recorded—both in Benue and Plateau States—would not have been possible without the strong collaboration and synergy among all security agencies.
“The Nigeria Police Force continues to work hand-in-hand with the military, DSS, NSCDC, and other partners in pursuit of one common goal: to safeguard the lives and property of every Nigerian citizen.
“Our commitment to inter-agency cooperation remains firm and unshaken.
“I wish to thank Mr. President for providing the required support that facilitated the speedy arrest of the perpetrators of the Benue and Plateau massacres.
“I thank the Nigerian people for their continued cooperation. Your support strengthens our resolve. As we move forward, we appeal for even greater collaboration as we work tirelessly to rebuild trust, restore order, and ensure lasting peace across our dear country.”
(VANGUARD)
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