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AfDB President, Akinwumi Adesina, Wins 2023 Obafemi Awolowo Leadership Prize

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The President of the African Development Bank Group, Akinwumi Adesina, has been awarded the prestigious Obafemi Awolowo Prize for Leadership.

The award which promotes the legacy and democratic ideals of the late Nigerian nationalist and federalist leader Chief Obafemi Awolowo, also “recognises and celebrates excellence in leadership.”

The Foundation’s Executive Director, Ambassador Dr Tokunbo Awolowo-Dosumu said, “Dr Adesina was the unanimous choice of the Foundation’s Selection Committee, which described Adesina as possessing the attributes for the award to the highest degree.”

According to Ambassador Awolowo-Dosunmu, “The attributes considered to have characterised Chief Awolowo’s excellent leadership, include integrity, credibility, discipline, courage, selflessness, accountability, tenacity of purpose, visionary and people-centred leadership.”

The former Nigerian President, Goodluck Ebele Jonathan was one of several world leaders who nominated Adesina. “He epitomises and combines qualities of extraordinary leadership that are often rare to find: great visionary, incredible courage, the ability to take on huge and difficult challenges, extraordinary dedication and commitment to deliver programmes and policies that transform the lives of millions of people,” Jonathan said.

Former British Prime Minister Tony Blair also praised Adesina’s leadership. “His contributions to the African continent and global leadership have been exceptional. Under his leadership the African Development Bank has delivered bold interventions to address some of the greatest challenges of our time,” he said.

Another globally renowned figure, Ambassador Kenneth Quinn, President Emeritus of the World Food Prize Foundation, saluted Adesina’s commitment to food security: “President Adesina has traversed the African continent evangelising his profound vision to end childhood stunting through enhanced nutrition; uplifting smallholder farmers, the great majority of them women; providing critical financing for a broad array of infrastructure projects so critical to development and modernisation.”

Former UN Secretary-General Ban Ki-moon and Global Center on Adaptation CEO Prof. Dr Patrick Verkooijen, jointly said, “We can think of no person more highly qualified or deserving of this prestigious award. Dr Adesina is forged in the same mould as Chief Obafemi Awolowo, a shining example of leadership.”

Dr Akinwumi Adesina is the third recipient of the Award. Others include Nigerian writer and Nobel Laureate Wole Soyinka and the former South African President Thabo Mbeki.

An award ceremony is scheduled for 6 March 2024, and will include keynote lecture by the honouree.

The Obafemi Awolowo Foundation, founded in 1992, is a non-profit non-partisan organisation.

 

 

Introduction

Distinguished ladies and gentlemen, it is my pleasure to welcome you to the unveiling of the recipient of this year’s Obafemi Awolowo Prize for Leadership. It will be recalled that the recipient of the maiden award of the Prize was announced on 19 December, 2012 while the ceremony for the presentation of the award was held on 6 March, 2013. In all, three distinguished personalities have so far been conferred with the Obafemi Awolowo Prize for Leadership. We are here today to announce the fourth recipient of the Prize.

Background

The Obafemi Awolowo Prize for Leadership is an initiative of the Obafemi Awolowo Foundation, which was set up in April 1992 to serve as the custodian of Chief Awolowo’s intellectual and leadership legacy. It was established as an independent, non-profit, non-partisan organisation dedicated to immortalising the democratic and development-oriented ideals of Chief Obafemi Awolowo.

The Foundation has sought, over the years, to pursue its mission through various activities which include the periodic hosting of Dialogues designed to examine critical issues of national concern with a view to proposing viable alternative strategies for their solution.

The institution of the Prize is a direct outcome of the Special Dialogue held in July 2011 and themed, ‘Transformational Leadership and Good Governance: Lessons from the Awolowo Example’. The dialogue highlighted the fact that one of the greatest challenges facing African countries is the dearth of good leadership. It therefore recommended that the Obafemi Awolowo Foundation should institute an Obafemi Awolowo​ Prize for Leadership to encourage, recognize, reward and celebrate excellence in leadership.

It is generally well known that Chief Obafemi Awolowo was one of Nigeria’s and indeed Africa’s foremost leaders. A Pan-African nationalist of global repute, he was the First Premier of Nigeria’s Western region and, later, Leader of Opposition in the Federal Parliament. He was also, inter alia, Nigeria’s Federal Commissioner (now known as Minister) of Finance and Vice Chairman, Federal Executive Council and played crucial roles in Nigeria’s constitutional and political development during the country’s colonial and postcolonial history.

Chief Awolowo was a highly revered Nigerian federalist, whose leadership bent was generally well acknowledged to be people-centred, visionary, integrity-laden and underlined by personal discipline. His grassroots-friendly policies and transformational approach to leadership are still evident in the various legacies of the late sage.

The Prize

The Obafemi Awolowo Prize for Leadership is a prestigious, biennial, international prize structured to follow a rigorous process of nomination and subsequent screening by a Selection Committee consisting of some of the most outstanding Nigerians. The prize not only confers considerable honour and recognition on the recipient, but also serves as a strong incentive to persons to pursue excellence in leadership and good governance.

The 2023 Award

In line with the relevant guidelines for the selection of candidates for the award, the call for nomination for this year’s edition of the Obafemi Awolowo Prize for Leadership was published for several months in 2023. At the close of nomination, many nominations were received. There is no doubt that many of these nominees are eminent persons who have made tremendous contributions in various spheres of life. We thank all those who sent in nominations for consideration.

The Recipient

After a careful, detailed and rigorous screening process, the Selection Committee was unanimous in deciding on the recipient of this year’s Prize. I have great pleasure to inform you that the considered view of the Selection Committee is that of all the nominees presented before it, the person adjudged to possess the attributes for the award to the highest degree and therefore is the recipient of the 2023 Obafemi Awolowo Prize for Leadership is Dr. Akinwumi Ayodeji Adesina, CON, President of the African Development Bank.

Dr. Adesina graduated from the University of Ife, Nigeria (now Obafemi Awolowo University) in 1981 with a First-Class Honours in Agricultural Economics, the first student to attain that feat in the field since the establishment of the university. He obtained his Master’s and PhD degrees in Agricultural Economics from Purdue University, United States of America. He has had over three decades of experience working in various leadership positions across the world.

Dr. Adesina, a former Nigerian Minister of Agriculture in the administration of President Goodluck Ebele Jonathan, is currently serving a second term as President of African Development Bank. Besides being a Pan Africanist with enthusiastic commitment to the positive transformation of the continent, he has demonstrated core leadership qualities that have been associated with Chief Obafemi Awolowo, and which this Prize is meant to encourage and reward. Dr. Adesina is a person whose outstanding leadership has occasioned public policies that have positively transformed millions of lives.

As Minister of Agriculture in Nigeria, Dr. Adesina introduced innovative reforms such as the fertilizer sector reforms, which virtually eliminated corruption in the sector and ensured that farmers actually benefitted from government’s subsidized fertilizers. He developed an electronic-wallet(link is external) system that allowed farmers to receive electronic vouchers for seeds and fertilizers directly on their mobile phones, thereby cutting off the middlemen in the system. Not less than 15 million farmers benefitted from this scheme within four years.

Since assuming office as President of the African Development Bank (AfDB), Dr. Adesina has worked relentlessly to contribute to the positive transformation of the continent. He has brought leadership to bear in addressing some of the challenges confronting the continent including leading and supporting innovative efforts to fight hunger and poverty.

At the AfDB, Dr. Adesina introduced what he termed the “High 5s” namely, to light up and power Africa; Feed Africa; Industrialise Africa; Integrate Africa; and improve the quality of life of the people of Africa. The impactful and successful nature of this programme has been widely acknowledged.

In 2019, under the leadership of Dr. Adesina, the shareholders of the African Development Bank increased the capital base of the Bank from $US93 billion to US$208 billion, an increase of over 123 percent, the highest capital increase of the Bank since its establishment in 1964

Dr. Adesina is a kind hearted and generous person who believes in supporting the less privileged and younger persons. He demonstrated this when, at the event where he was given the World Food Prize, he announced that he would devote the $US 250,000 cash tied to the prize to supporting young people by establishing the World Hunger Fighters Foundation(link is external) to support young people in the fight against global hunger. Some young people have so far benefitted from this gesture.

A comprehensive citation of Dr. Adesina will be given at the award ceremony scheduled for 6 March, 2024, which is Chief Awolowo’s birth anniversary. But let me conclude by making reference to pertinent comments about Dr. Adesina by two eminent global personalities. As a former President of Nigeria, Dr. Goodluck Ebele Jonathan (in whose cabinet Dr. Adesina served as Minister of Agriculture) aptly noted, “Dr. Adesina epitomises and combines qualities of extraordinary leadership that are often rare to find: great visionary, incredible courage, ability to take on huge and difficult challenges, extraordinary dedication and commitment, selflessness, people-centeredness, and fervour to deliver transformative programs and policies that transform the lives of millions of people.” Similarly, a former Secretary General of the United Nations who is a non-African rightly averred that “Dr. Adesina is forged in the same mould as Chief Obafemi Awolowo – a shining example of leadership.”

Thank you very much for your attention and support.

Source: www.afdb.org

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Personality in Focus

Abductors of Anambra Businessman Demand N1.5bn Ransom

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Gunmen who kidnapped the chairman of Jezco Group, Chief Joseph Ezeokafor, have reportedly increased their ransom demand from N700 million to N1.5 billion for his release.

Ezeokafor, a septuagenarian businessman, was reportedly abducted in Anambra State about a week ago.

The kidnappers initially demanded N700 million from the businessman’s family.

Unofficial reports quoting an anonymous source said the kidnappers had established contact with the family after the abduction.

The source said the family accepted the initial N700 million demand as part of efforts to secure Ezeokafor’s release.

However, the kidnappers later increased the ransom to N1.5 billion.

The source said the family remains willing to negotiate with the abductors, but the kidnappers have allegedly stopped further communication.

The development has reportedly left the family in a difficult situation, as attempts to restore contact with the abductors have not yielded results.

Ezeokafor was kidnapped on Tuesday at about 2am after he reportedly left his home for a prayer ground as part of his annual spiritual rejuvenation.

He was said to have left his security details behind when he stepped out of his residence, which the kidnappers capitalized on, to abduct him.

One week after the incident, the police and the State government authorities have yet to make any official statement on the businessman’s abduction.

The Anambra State Police Command has also not publicly commented on the incident.

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Personality in Focus

Lessons from Dickem Farms: Two Decades of Pioneering Innovation in Nigeria’s Aquaculture Industry

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By Ayo Oyoze Baje

“Our philosophy has always been simple: innovation should solve real problems, create opportunities and improve livelihoods.”

Introduction

For over two decades, Dickem Farms has remained committed to transforming Nigeria’s aquaculture industry through innovation, technology, enterprise development and human capacity building. What began in 1999 as a vision to improve fish production has evolved into one of the country’s respected aquaculture enterprises, recognized for pioneering practical solutions that have strengthened fish farming and empowered the next generation of agripreneurs.

Dickem Farms was the first to introduce mobile fish ponds into the Nigerian market, making fish farming more flexible, affordable and accessible to investors and smallholder farmers. The company also pioneered the local production of a floating fish feed extruder that uses locally available materials, reducing dependence on imported technology while lowering production costs for fish farmers. In addition, Dickem Farms has invested in modern hatchery systems that produce healthy, high-quality fingerlings to support commercial fish production.

Our philosophy has always been simple: innovation should solve real problems, create opportunities and improve livelihoods.

Recent experiences and initiatives

To get more important information about the farm there were questions on the different aspects, starting with the experiences in the past five years. Let us glean from the horse’s mouth. According to the Managing Director, Godwin Emaketenemi, “Over the last five years, we have continued to strengthen our production systems for both catfish and tilapia. Our focus has been on improving fingerling quality, enhancing pond management practices and maintaining strict water-quality monitoring to maximise fish survival and productivity.

“We also introduced better feeding programmes and comprehensive record-keeping systems that enable us to monitor growth performance, feed conversion efficiency and mortality rates.

Rather than pursuing rapid expansion, we have adopted a disciplined strategy of scaling only after achieving consistent operational results.

“This measured approach has enabled Dickem Farms to build a resilient business capable of supplying quality fish and aquaculture services to customers in Lagos and across Nigeria.”

Overcoming challenges:

On the challenges faced and how they were overcome, he stated that: “Like every agricultural enterprise, we have encountered significant challenges. Rising feed costs, unreliable electricity supply and disease management remain major concerns within the aquaculture industry. Instead of allowing these obstacles to limit our growth, we viewed them as opportunities for innovation.

Producing our own quality fish feed has significantly reduced production costs while giving us greater control over feed quality and formulation. We have also improved water-management systems and operational planning to minimize the effects of power instability.

“At the farm level, stronger biosecurity measures, improved hygiene and proactive fish-health monitoring have substantially reduced disease outbreaks and production losses.”

Marketing strategies

With regards to marketing he explained that; “Production alone does not guarantee success; a reliable market is equally important. Dickem Farms has therefore, built long-term relationships with wholesalers, retailers, restaurants and institutional buyers. We grade our fish according to customer specifications and schedule harvesting to coincide with periods of stronger market demand.”

Training programs

Furthermore, with the focus on training he explained that: “Our reputation has been built on dependable supply, consistent quality and customer trust.

One of our proudest achievements is our investment in people. We believe that sustainable agriculture depends not only on technology but also on developing competent professionals and entrepreneurs.
Over the years, Dickem Farms has trained hundreds of staff, industrial attachment (IT) students, graduates and aspiring fish farmers in practical aquaculture.

“Our training covers hatchery management, pond construction and management, fish nutrition, water-quality management, fish-health monitoring, biosecurity and business record-keeping.

More importantly, we do not stop at training. We mentor young graduates and entrepreneurs, providing technical guidance and business support until they are confident enough to establish and successfully manage their own enterprises. Seeing former trainees become successful employers and business owners remains one of our greatest rewards.

“Continuous learning has also shaped our growth. Through partnerships with foreign organisations and technical visits to leading aquaculture companies, we have gained valuable knowledge in modern hatchery technology, fish-health management, production efficiency and operational excellence.”

Government ‘s support

Coming to the need for government’s support he beamed light on it this way:
“These experiences have strengthened our technical capacity and enabled us to transfer global best practices to Nigerian farmers.

Nigeria possesses enormous potential to become a leading aquaculture producer in Africa. However, unlocking that potential requires stronger collaboration between government and the private sector.
We recommend tax exemptions or significant tax incentives for fish farming and aquaculture value-chain businesses to encourage investment.

“Farmers also need affordable financing with realistic repayment terms, reliable access to quality fingerlings, improved energy support and stronger extension services that provide timely technical guidance on fish health and disease prevention. Organized marketing systems that connect producers directly with institutional buyers will further strengthen the industry’s competitiveness.”

Piece of advice to the younger generation:

His piece of advice to young people who might be interested to go into fish farming:
“To young people considering aquaculture as a career or business, my advice is straightforward: seek proper training and find a credible mentor. Fish farming is a science and a business that rewards discipline, knowledge and patience. Begin with manageable investments, keep accurate records, master water-quality management and learn from experienced practitioners before expanding.

“A good mentor can save years of costly mistakes and accelerate the journey to success.”

As the future beckons:

As for plans for the future he highlighted that: “Looking ahead, Dickem Farms will continue to invest in innovation, local technology development, commercial hatchery expansion, fish-feed production, modern aquaculture equipment and practical capacity building. Our ambition is not only to grow our business but also to contribute meaningfully to food security, employment creation and economic development.

Our long-term vision extends beyond Nigeria.

“We believe Africa possesses the resources, talent and entrepreneurial spirit to feed itself and compete globally. Through innovation, strategic partnerships and investment in people, Dickem Farms will continue to play its part in building a modern aquaculture industry that delivers prosperity for farmers, affordable nutrition for families and sustainable growth for the continent.

Our mission remains unwavering: to inspire a future where Africans feed Africa through innovation, enterprise and excellence in agriculture.”

These indeed, are brilliant submissions for us all to learn from now and always.

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Personality in Focus

Otedola Acquires N222.2bn More Shares in First HoldCo

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The Chairman of First HoldCo, Femi Otedola, has strengthened his stake in the financial institution after acquiring an additional 1.77 billion shares valued at N222.20 billion.

Details contained in a disclosure filed with the Nigerian Exchange (NGX) showed that the shares were purchased on Thursday through his investment company, Calvados Global Services Limited.

The latest transaction raised Otedola’s shareholding in First HoldCo from 9.99 billion shares to 11.77 billion shares, with his ownership increasing from 21.96 per cent to 25.88 per cent.

The purchase marks Otedola’s second major investment in the company this July, following his acquisition of 706.13 million shares worth N77.58 billion on July 22.

With the fresh acquisition, Otedola’s total investment in First HoldCo has climbed to N1.47 trillion, making him the institution’s largest shareholder.

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