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Dangote breaks down, weeps at Wigwe’s tribute in Lagos, immotilises ex-banker

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For Aliko Dangote, President of Dangote Group, a Nigerian manufacturing, industrial, trading and distribution conglomerate, emotions took the better part on Monday night as he relived his experience with Herbert Wigwe, the banking icon, who died on February 9, 2024 in the United States.

The African richest man, practically broke down in tears while delivering a speech at the Eko Hotels in Lagos, before an audience of distinguished Nigerians, who had gathered to pay tribute to the former Managing Director and Chief Executive Officer (MD-CEO) of Access Holdings, who died in a helicopter crash off the Californian desert on his way to watch this year’s Super Bowl.

The ace banker, who was travelling with Bamofin Abimbola Ogunbanjo, former chair of NGX Group, the Nigerian stock exchange, perished alongside his wife, Chizoba, son Chizzy hours before getting to his destination, on Friday February ninth ahead of the game on Sunday, February 12th at the venue of the event at Allegiant Stadium in Las Vegas.

Palpably laden with emotion, Dangote, who described the deceased as a loyal friend and a pillar of support for him and his family, as well as a visionary role model with courage second to none, named the road to the recently inaugurated Dangote Refinery in Lagos after him, at the event where scores of other professional colleagues in and outside the banking sector, also paid tributes.

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Amid breaks while wiping off tears, Dangote said: “To immortalise my beloved friend, my brother, and my mentee, I have actually decided to name of a major refinery and petrochemical road, out of the 120 kilometers, the biggest road will now be named ‘Herbert Wigwe.’”

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Before the Lagos event, Dangote at a pre-convocation lecture delivered as part of activities lined up for the 38th convocation of the Bayero University, Kano (BUK) urged Nigeria to move from resource-based economy to knowledge-based economic system, saying: “Given the tremendous benefits that knowledge economy offers, it is vital that Nigeria makes the transition to knowledge-based economy.

“Countries like South Korea, India, China, and the Asian tigers at one time or the other took the decision to institutionalise knowledge economy and are today reaping the benefits. Ismail Radwan and Giulia Pellegrini in a World Bank publication, stated that harnessing knowledge for development is not a new concept as it has always been central to development and can mean the difference between poverty and wealth.

“They argued that knowledge economy is not just about establishing high-tech industries and creating an innovative and entrepreneurial culture. Simply adopting existing technologies widely available in developed countries can dramatically boost productivity and economic growth.”

Represented by Mansur Ahmed, Group Executive Director of the Dangote Group, Dangote, who quoted the World Bank as stating that for Nigeria to make the transition to knowledge economy, it must pay attention to the business environment, education and skills, innovation systems and information communication infrastructure, said Nigeria needed a conducive business environment that provided incentive for the efficient use of existing knowledge.

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I’m ready to face the bullet – Utomi *Weak, horrible politicians, killing Nigeria

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I’m willing to go to the firing squad if it will stop the mess in Nigeria. I assure you, I’m willing to do that,” were the words with which Pat Utomi, Nigeria’s foremost political economist stretched the extent of his desire to help Nigeria recover itself from the current parlous situation it has found itself in recent years.

A guest of Politics Today, a current affairs programme on Channels Television, Utomi, told his host, on Wednesday that he was doing everything, including bringing together a coalition of Nigerians in the Diasporas to help in the task of redeeming the country today.

Arguing that Nigeria still had one of the highest human and natural resources in the world, he said Nigeria’s problem remained that of poor leadership, adding for instance that instead of harnessing potentials of the diversity of the country, those on the driving seat, were more interested in dividing the country.

Hear him: “We have converted what we have as our greatest strength into our weakness, which is our diversity. You take that diversity and look at our selling culture from different parts of Nigeria, what that means. Nigeria has a huge strength in its diversity, but weak, horrible politicians have chosen to exploit it in a manner where emotions have trumped reasons and the gap between we and them is widening everyday.

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“If you look at the American melting pot, why don’t they say, you’re a Korean, you’re a Vietnamese, you’re an Italian-American, you’re Irish-American? Because those who led America, its founding fathers, had such great vision, and wrote one of the greatest constitutions in human history and built institutions that allowed that melting pot culture to enable America become almost the greatest people on the planet. I think leadership can help to turn this around.

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Dwelling on how poor leadership had aided in stunting Nigeria’s development, Utomi, who claimed to have been integrated into national politics at the age of 27, because of how passionate and vocal he became over national issues even at that young age, blamed Nigerian youths for not expressing the same zeal in taking their country back.

Instead, he accused them of complicity, by becoming complacent while the older generation remained at the driving seat of national affairs and controlling their emotions at the same time, adding that the value system must change in which the future must matter to people than the immediate gains.

Hear him: “Ultimately, values shape human progress. When we have values and people of character and commitment to service are in positions of public authority, our country will turn around. We have the ingredients, the human capital that it takes to show the way.”

“The biggest challenge we have is that culture is in collapse in Nigeria, values shape human progress. How do we get a values revolution? Institutions are critical for human progress if we can commit to building stronger institutions that push back on people who do not do right and the rule of law is fully in place.

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“Look at our judiciary, it is a laughing stock – no country can make real progress without a judiciary that you can rely on. Look at our other institutions whether it is INEC or others, they are weak.

“How do we ensure that we have strong institutions and that we have values that really ensure that character matters and that people of character can show a light? We can do it, I am absolutely confident because I have seen it happen in human history.”

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Corruption cancer: How we recovered N13billion in September alone – ICPC

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“Over the past year, the ICPC has made significant progress in discharging its mandate; for example, we recovered over ₦13 billion in diverted public funds in September 2024 alone. This is just one of the many ways we have worked tirelessly to fulfil our mandate.”

These were the words with which Musa Aliyu, Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), summed up the immensity of the work the anti-graft agency has been doing in the country towards dealing with official graft in the Nigerian system.

Though he was not definite on those involved in the various scams from which the moneys were recovered from Aliyu, who made the disclosure during the launch of the commission’s 2024-2028 strategic action plan in Abuja on Wednesday, emphasised that the feat resulted from the relentlessness of the agency towards fulfilling its mandate.

It was also a day the ICPC boss disclosed the body’s new focus on digitalising its operations, which he said will position it as a leader in leveraging technology to combat corruption, adding: “We are also embarking on ICT reforms that will digitalise our operations and enable more efficient investigations, case management, and internal processes.

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“This transformation will position the Commission as a leader in leveraging technology to combat corruption, keeping us one step ahead of criminal activities in the digital age. The commission is developing a specialised curriculum aimed at enhancing the enforcement capacity of its personnel.

“This initiative equips our officers with the skills and expertise needed to address the complexities of corruption cases with the highest standards of professionalism and efficiency.

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“Additionally, we are decentralising the anti-corruption effort by empowering state governments through the mobilisation of State Attorneys General. This approach ensures that state governments are equipped with the tools, knowledge, and resources necessary to effectively combat corruption at the local level.

“Because we believe prevention is better than cure, we have intensified efforts to identify institutional and administrative vulnerabilities through System Studies and Corruption Risk Assessments. We have also continued to engage with the Anti-Corruption and Transparency Units (ACTUs) in Ministries, Departments, and Agencies (MDAs), reinforcing our grassroots monitoring mechanisms.”

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TRAGEDY: Another man takes his life over hardship in Nigeria *Police dig in

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Operatives of the Ogun State Police Command are combing around to ascertain whether Abayomi Oshoke, a 45-year-old, a resident of Mango Oke-Ata, actually took his own life because he could no longer continue with the present hardship in Nigeria or there are other factors to it.

This was after confirming the incident, which reportedly took place around 6:00am on September in the suburb of Abeokuta, the state capital, through Omolola Odutola, the command’s spokesman, on Tuesday.

Odutola, who confirmed that the deceased consumed an insecticide to end it all due to the hardship he was allegedly facing, explained that his sister, identified as Funmilayo, reported the incident to the Lafenwa Police Division after discovering her brother’s lifeless body in his room, with a bottle of insecticide found beside him.

She said: “A friend of the deceased visited his home and asked to see him. Upon entering the room, he discovered the victim’s body on the floor and raised the alarm after finding that the victim had ingested a mixture of insecticide and herbal concoction.

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“He left a note written in Yoruba language, explaining the reasons behind his decision. In the note, he expressed frustration with his life and stated that he felt he had no choice but to end it. A discreet investigation is currently underway.”

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