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OPINION: Mike Adenuga’s 71 Resilient Steps

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By Suyi Ayodele

We were in Abuja on an official assignment; one of the entertainment engagements of Globacom then. The phone rang. The leader of the team, a Director in the Marketing Communications Department, looked at all of us sitting at the table, brainstorming on the evening’s assignment. We got the message. The Big Man was at the other end. Silence! We could hear the voice from the other end, though the phone was not on speaker. “Awe o, we need you to be in Johannesburg this evening or first flight tomorrow. Do you have a South African visa?” Our Director responded: “No sir.” “Ok”. The line went off and we resumed our talk.

A few minutes later, the phone rang again and the Director jumped up, picking the phone and moving away from us. We were by the pool side of the hotel. I prayed silently that our boss would not fall inside the pool. He was just nodding his head, with intermittent “Yes sir”; “Mo ngbo yin sir”- I can hear you sir. The call ended and the Director returned to our table. “I need to take my passport in the room. Suyi, tell Tosin (one of the drivers attached to the project) to get the Hilux. We are going to the South African Embassy”, he announced. Minutes later, we were on our way to the embassy. I asked our boss what was in the offing. He responded: “Baba said someone will be waiting at the embassy.”

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To cut the long story short, we got to the embassy, and we met a woman waiting for us. We were ushered in and the Director was taken into an inner office. Half an hour later, he came to join me at the waiting room. I asked him again (curiosity won’t kill my cat sha): “Are you getting the visa, today?” He answered that he was asked to wait. We didn’t have to wait long. A young man stepped out of one of the offices and asked our Director to follow him. A few minutes later, the man came out of the office and beckoned on me. In the car, he showed me his passport with the visa approval. Wao! Then, the director sent a message to the Big Man thus: “Thank you sir. I got the visa. Agba yin a dale -may you live long- sir.” The simple response from the Big Man reads: “That is why I am the Chairman. My name opens the door for you.” God, I must be a big man!

FROM THE AUTHOR: OPINION: Onitiri-Abiola And The Madness In Ibadan

Age grades are in three categories in my native place. The first set is known as “Boranje”, which literally means those who don’t give a damn about the consequences of their actions. They have the energy and they represent the restive segment of the society. Those in this category are materials for recruitment into the community’s army. The middle class is the Elekurupa. They are the moderates. They fill the gap between the first and the last categories. They are the intermediate class. The last group are those we call Agba Ule – Council of Elders. This categorisation is at the family level. They are the elders. Their first selling point is their wisdom. Whatever the Elekurupa cannot resolve, the Agba Ule class handles. They only refer very knotty issues to the Agba Ulu- council of community elders. Agba Ulu is presided over by the oba of the town. Incidentally, most Agba Ule are also members of Agba Ulu. So, whatever decisions taken at the level of Agba Ule are mostly sustained by the rulings of Agba Ulu. To get to this last grade, age counts. Depending on the level of longevity in a family, there are cases where people in their early 60s are still in the Elekurupa age grade. Whereas, in some families where they are not blessed with long life, some people in their 50s are already Agba Ule. However, anybody who has crossed the age of 70 is an Agba Ule. One unique mystery about Agba Ule is their ability to stand where others fail and fall. How is it?

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There is a saying that illustrates that. It goes thus: Nnkan ti agba fi nje eko ti o ra lowo wa labe ewe. I attempt a transliteration here: what the elder uses in eating eko (corn meal) without smearing his fingers is underneath the leaf. Dr. Mike Adenuga Jr, the Chairman of Globacom, turned 71 years old yesterday, Monday, April 29, 2024. At 71, the man known as Mr. Chairman, is a qualified member of Agba Ule and Agba Ulu. Many things qualify him for that position. I would not be dwelling on those ones here, but, as an eminent Agba Ule, Dr. Adenuga has demonstrated over and over again that the mystery of the successes of his business empire lies only with him. Nothing demonstrates this more than the recent breakdown of the underwater cable services across the West African sub-region a few weeks ago. Globacom, the telecommunication outfit of the Ijebu businessman, has one of the independent, and the only single underwater cable owned solely by an individual, the Glo 1 Submarine cable that runs from Lagos through 13 different countries to the United Kingdom with a point of reference in New York, United States of America.

FROM THE AUTHOR: OPINION: Why Were Miyetti Allah And Tinubu’s Iyaloja In Ibadan?

Whatever it was that happened to other international underwater cables, such as the West Africa Cable System (WACS), the Africa Coast to Europe (ACE) and MainOne, Glo 1 remained standing. The company, Globacom, came up with a statement to reaffirm that its facility was not in any way affected by the damage that caused a lot of disruptions in the telecommunications industry with companies having huge bandwidth suffering unmitigated losses. In a discussion with some people while the submarine cable crisis lasted, someone asked why Glo 1 was spared. My immediate response to that is that the fortune or misfortune of any business concerns depends largely on the mission and vision of the promoter(s) of the business. And this is true with Globacom. It is practically impossible to divorce the resilience of the owner, Dr. Mike Adenuga Jr. from the success of the company.

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The underlying principles of “People, Power, Possibilities”, on which the business was established cannot but speak for it when things are tough. If you have ever passed through Globacom, you would realise that ‘impossibility’ means “I’m Possible” in the system. Theirs’ is a diehard, never-say-no spirit which empowers them to navigate through the cruellest terrains. An average mid-level manager in Globacom is a super CEO of any other company. Why? Because Dr. Mike Adenuga Jr. ‘roasts’, ‘cooks’, ‘fries’ and ‘fires’ every fibre of his employees till they become the best anyone can be. The working environment may not be the best; it is no doubt an institution that brings the best out of the individuals in its employ.

In the introductory story of this piece, the Big Man, Dr. Mike Adenuga Jr. was quoted to have said his name opens doors. I think it does more than that. Nigerians will never forget that it is the name, Adenuga, that bailed them out of the financial enslavement of the earlier entrants into the nation’s GSM business by introducing the Per Second Billing System (PSB), at a time they were told it was not technically possible. What about the BlackBerry revolution: didn’t Adenuga’s name open that door? Do we talk about the first deployment of 3G network, rural telephony and cheapest acquisition of telephone and people-friendly and affordable tariffs? Nigeria’s entertainment industry today is what it is because a Dr. Mike Adenuga opened the door of bountiful corporate endorsements for our artistes.

So, if you have ever wondered why Glo 1 stood gidigba while others fell yakata, know that the man behind the business, Dr. Mike Adenuga Jr. is a complete Agba Ule. And as such, know also that Nnkan ti agba fi nje eko ti o ra lowo wa labe ewe!

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Here is my toast to the epitome of Nigeria’s resilience at 71! Here is wishing Mr. Chairman many more years in sound health. Happy birthday, the Great Guru himself! Agba yin a dale sir!

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Six Corps Members Receive N10m Grants To Boost Agribusiness

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Six members of the National Youth Service Corps (NYSC) have received a total of N10 million in grants to expand their agribusiness ventures under the Farmers for the Future Programme.

The programme was organised on Monday by the British American Tobacco Nigeria Foundation (BATNF) in collaboration with the NYSC to encourage young Nigerians to embrace agriculture and develop sustainable businesses.

Presenting the cheques to the beneficiaries in Abuja, the NYSC Director-General, Brigadier General Olakunle Nafiu, urged Corps members to maximise the opportunities provided by the service year by venturing into commodity marketing and other viable businesses.

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Nafiu said agribusiness remained a viable avenue for young people to build sustainable enterprises, create employment and generate wealth.

READ ALSO: NYSC Swears In 1,600 Corps Members In Bauchi

He also stressed the importance of value addition to the success and sustainability of business ventures, while commending BATNF for placing Nigerian youths at the centre of its entrepreneurship initiatives through value-chain development, employment creation and its partnership with the NYSC.

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“I charge you to spread the news around. We have seen the outcome, and it is a good idea,” he said.

The beneficiaries are Dominic Olufemi (FC/25C/1143), who received N3 million; Temitope Adewole (ED/26A/2251), N2 million; Abdulwaheed Bala (ED/25B/1402), N2 million; Olanike Mayungbe (OG/26B/1037), N1 million; Kingsley Udoeyen (KG/26A/1735), N1 million; and Lorember Lorsue (JG/25B/1742), N1 million.

Speaking on the selection process, the Acting Director, Skills Acquisition and Entrepreneurship Development (SAED), Mrs Winifred Shopeka, said the programme began with an online registration portal through which Corps Members engaged in agribusiness submitted their business plans.

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READ ALSO: NCCSALW Deploys NYSC Members In Fight Against Illegal Arms In Northeast

She said nearly 3,000 Corps members applied and underwent a rigorous selection process that produced 20 finalists.

According to her, the finalists participated in a boot camp and a final pitching session, which produced the 10 best presenters before the six ultimate winners were selected.

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Shopeka said the beneficiaries had also been mentored and attached to established market operators to assist them in marketing their products.

She added that Corps Members who did not make the final stage of the competition were also trained by BATNF.

The BATNF Team Lead, Mr Oludare Odusanya, congratulated the beneficiaries and urged Corps Members engaged in agribusiness to master the fundamentals and acquire the knowledge and skills necessary to succeed.

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“We are happy with our collaboration with the NYSC, and it will continue,” he said.

READ ALSO: NYSC Lauds Gov. Mohammed’s Intervention In Fence Collapse

Odusanya explained that BATNF was an independent organisation established to contribute to poverty reduction in Nigeria through sustainable agricultural practices and other interventions.

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He said the Farmers for the Future Programme was instituted in collaboration with the NYSC to encourage Corps Members to venture into agribusiness and become job creators.

He added that the beneficiaries would be attached to mentors who would guide them towards achieving success in their respective businesses.

According to him, the programme has, since its inception, continued to enhance the entrepreneurial capacity of Corps Members.

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CBN Reduces Interest Rate To 23%

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The Central Bank of Nigeria (CBN) on Tuesday announced the reduction of the interest rate, also known as Monetary Policy Rate (MPR) to 23 percent.

Briefing the media in Abuja, the Governor of the CBN, Mr. Olayemi Cardoso, said at the 307th MPC meeting held on September 22, 2026 agreed the resetting of the MPR and recaliberation of the monetary policy market.

According to Cardoso, the committe is satisfied with the disinflation progress, adding that members noted stable banking sector following successful recapitalisation.

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READ ALSO: CBN Monetary Tightening Worsening Nigeria’s N50tn Development Finance Gap – Group

Meanwhile, according to Nigerian Tribune, reports that that the MPC, at its 306th meeting in July 2026, disclosed its resolution to retain the interets at 26.5 percent.

According to the Governor of the CBN, Olayemi Cardoso, “the Committee’s decision to maintain the current policy stance followed a thorough assessment of the balance of risks. Although headline inflation moderated marginally in June 2026, global uncertainties have heightened, due mainly to the renewed hostilities in the Middle East.

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“In view of the evolving developments, maintaining a cautious monetary policy stance remains appropriate. In arriving at its decision, the Committee noted the recent resurgence of hostilities in the Middle East, with particular attention to its spillover effects on global energy prices and the potential pass-through to domestic inflation.”

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NURTW: KWAM1 Settles Long-time Rift Between MC Oluomo, Tafa Sego

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Nigerian Fuji musician, Wasiu Ayinde Marshal, popularly known as KWAM1, has brokered a peace deal between the National Union of Road Transport Workers (NURTW) National President, Musiliu Akinsanya, popularly known as MC Oluomo, and the Lagos State Chairman of the union, Mustapha Adekunle, aka Tafa Sego.

The reconciliation took place at Ojusagbola in Ijebu, Ogun State, where several NURTW chieftains gathered for the meeting.

The development was announced on Tuesday on KWAM1’s digital media page on Instagram, alongside photographs from the meeting.

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According to the post, the two union leaders have resolved their differences after years of strained relations.

READ ALSO: Why FG Named KWAM 1 Aviation Security Ambassador — Keyamo

After years of an age-long rift, MC Oluomo and Tafa Sego have finally settled their differences. And from what we know now, this is final,” the post said.

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The musician was said to have intervened as the Mayegun of Yorubaland, with the aim of bringing an end to the longstanding disagreement between the two NURTW figures.

“K1 acted in his role as the Mayegun of Yorubaland by seeking an end to the long-standing rift, once and for all,” it said.

The post also described the meeting as a significant step beyond previous public displays of reconciliation.

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READ ALSO: FG Gives KWAM 1 Aviation Appointment, After Airport Incident

This time, it was not just another handshake for the cameras. The two old friends and colleagues came together at Ojusagbola, with King Wasiu Ayinde Marshal (K1) playing the peacemaker.”

Both MC Oluomo and Tafa Sego were reported to be pleased with the outcome of the intervention.

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“Both parties are delighted about the new development,” the post said.

The two men had previously been allies and prominent figures within the Lagos NURTW before their relationship became strained amid disagreements linked to leadership of the union in the state.

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