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Leaders, Associates Celebrate Herbert Wigwe at First Year Memorial
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Eminent Nigerians and Global Leaders on sunday evening, remembered banking icon Herbert Wigwe in an evening of tributes and celebration of his life and legacy. It was the first anniversary of his passing in a helicopter accident in Southern California on February 9, 2024. He died along with his wife, Doreen, son Chizi and friend, Abimbola Ogunbanjo.
The four-hour memorial service, held at the ballroom of the Eko Hotel, Victoria Island, Lagos, also featured prayers, musical performances and ministration by Lagos preacher, Pastor Itua Ighodalo. There was also a keynote lecture by the Prime Minister of Barbados, Ms Mia Mottley. Former President Olusegun Obasanjo, in a tribute, described Wigwe as a quintessential banker and business leader who made immense contributions to the growth of Nigeria’s banking industry.
Recalling his numerous engagements, travels and works with Wigwe, Chief Obasanjo noted that the late banker had taken Access Bank as a small lender in 2002 to a global business empire. Obasanjo’s tributes were read by Bolaji Agbede, the acting Group Chief Executive of Access Holdings, the parent company of the bank and other subsidiaries.
President Bola Tinubu said Wigwe’s pioneering legacy in business and finance is a testament to the uncanny ability of Nigerians to overcome obstacles and excel in their chosen fields.
The President, who was represented by Finance Minister Olawale Edun, commended Wigwe for founding a university which is poised to make enormous contributions to higher education in Africa. President Emmanuel Macron of France described the late Wigwe as a master of the art of business diplomacy – a relatively new field that seeks to adapt the skills and mindset of the government diplomat to the needs of the firm he leads.
Macron noted that as President of French-Nigeria Business Council (FNBC), Wigwe had used the platform to promote bilateral relations between the two countries. President Macrons’s statement was read by a senior diplomat at the French Embassy in Abuja. In a keynote lecture delivered extempore, Prime Minister Mottley of Barbados regretted the loss of important correspondent banking relationships (CBRs) during the 2009 financial crisis by banks across the Caribbean and noted that her country has risen to the challenge.
A correspondent banking relationship (CBR) is a bilateral arrangement between banks, often involving a reciprocal cross-border relationship in multiple countries. The arrangement involves one bank (the correspondent – for example a major international bank) providing a deposit account or other liability accounts, and related services, to another bank (the respondent – for example a bank located and doing business in the Caribbean, or Nigeria or any other country).
The Prime Minister announced that Access Bank would soon commence banking business in Barbados once the necessary regulatory approvals have been concluded.
The Prime Minister recalled her fond memories of Herbert Wigwe as a consummate international business icon and recollected that King Jaja of Opobo was exiled to her country by the British colonialists in the 17th century for refusing to implement a nefarious British tax policy and obstructing the colonialists’ commercial and political expansion. Ms Mottley was particularly excited that Opobo is a community in the present day Rivers State, Wigwe’s home state; and she tagged on that to create a pun. ‘’Tochi’’, she called out to Wige’s daughter, now the eldest child, who was also seated in the front row with the rest of the family, “you will soon come to Barbados; but not as an exile’’.
The audience laughed. Lagos State Governor, Babajide Sanwon-Olu gave an impassioned and heartfelt tribute, describing Wigwe as ‘’larger than life person, who was a builder of people; ideas and fortune’’.
Sanwon-Olu described Wigwe as brave and courageous.
His words: “Where others hesitated, Herbert moved. Lagos has felt his absence. Across the state, his legacies abound’’.
He mentioned a few of such legacies as the renovated National Arts Theatre; Access Bank Lagos Marathon and the triumph over Covid-19.
One of the high points of the evening was Aigboje Aig-Imoukhuede’s emotional tributes in which he said that his partnership and friendship with Wigwe endured for so long due to the trust they had in each other. ‘’I was never, for once, afraid that Herbert was in the room, closing deals, when I was not there; and vice versa’’, he said, eliciting a prolonged applause. He announced that despite malicious publications in the social media, he would never abandon Herbert Wigwe’s children.
“Tochi; Hannah; David; Okachi, you are mine; just as my children were your dad’s children when he was here with us’’, Aig-Imoukhuede said, to the applause of the audience, some of whom were already tearing up.
“They’re irreplaceable’’, he said, referring to the departed.
“Herbert is irreplaceable as a friend; he is irreplaceable as a partner’’.
Two of Chizi’s friends, Rasheed Sarumi and Tunde Ogundare, also gave emotional tributes to him; while Linda Petinrin and Queenette Allagoa remembered the late Chizoba Wigwe in emotional tributes. Ambassador Idaere Gogo-Ogan (Herbert’s longstanding friend); Roosevelt Ogbonna (CEO of Access bank Plc); Uche Wigwe (Herbert’s cousin and trustee of Wigwe University) and David Wigwe (Herbert’s son) also gave stirring homage in what was clearly an evening of mixed emotions and celebrations of beautiful lives lost.
Other dignitaries at the event were Chairman of THISDAY Arise Media Group, Prince Nduka Obaigbena; Mr. Paul Usoro, SAN and chairman of Access Bank Plc; Emir Kano, Mohammed Sanusi II; Prof Benedict Oramah, President of Afrexim Bank; Former CEO of GTBank, Fola Adeola; Ben Akabueze, former DG of Budget Office of the Federation; executives and staff of Access Bank Group.
During a dinner after the memorial service, Prince Ogbaigbena formally presented THISDAY Lifetime Achievement Award for Herbert Wigwe to Tochi Wigwe.
Headlines
Hardship: Nigeria Won’t Survive Fallout of Bad Leadership, Obasanjo Warns
Former President Olusegun Obasanjo has fired his most direct warning yet to Nigeria’s political class: the country will not survive another generation of leadership failure.
Speaking during the 2026 Leadership Empowerment International Conference in Abeokuta at the weekend, Obasanjo declared that Nigeria’s crisis is no longer about identifying bad leadership — it is about the danger of tolerating it.
The two-day conference, themed “The Gravity of Leadership Failure & Correction Methodologies”, was organized by the Perspective Leadership Development Institute in collaboration with the Olusegun Obasanjo Leadership Institute. It holds in over 50 countries and is the brainchild of PLDI Founder, Prof. Olusesi Obateye.
But in Nigeria, Obasanjo turned it into a national diagnosis.
Without mentioning President Bola Ahmed Tinubu by name, the former President’s remarks landed squarely in the present. His target: an administration pushing controversial economic reforms amid widespread hardship, rising insecurity, and collapsing public trust.
Obasanjo’s core argument was blunt: Nigerians can no longer be sold promises while they pay with pain.
“A government may present itself as reformist, transformational or determined to rescue the country,” he said. “But if its decisions ultimately deepen hardship, weaken institutions, erode trust or leave citizens more vulnerable, the consequences become the more important measure of leadership.”
He took a swipe at governments that measure success by policies announced, projects commissioned, or reforms introduced— without accounting for what ordinary Nigerians feel in their pockets.
“Leadership failure in the ongoing circumstance should be judged by its consequences rather than by the intentions proclaimed at the beginning of tenure,” he stated.
The ex-President zeroed in on the human cost of current policies.
“The immediate effects of reforms and policies introduced by government have imposed considerable pressure on households and businesses,” Obasanjo noted, in an apparent reference to fuel subsidy removal, floating of the naira, and inflation.
He added: “And when the leader continues to say that hunger and hardship has been there before he was born, then that tells you clearly that there is leadership failure.”
For Obasanjo, that line is not an excuse. It is evidence.
He reminded current leaders that they will be judged not by what they inherited, but by what they leave behind.
“While it is admissible that governments frequently inherit serious problems from their predecessors, they also leave behind new consequences of their own decisions,” he said.
“The argument, therefore, is not merely about who created Nigeria’s problems. Good leadership is about who is responsible for solving them now.”
He warned that economic hardship, insecurity, institutional decay, and loss of hope are not abstract concepts. They are the direct bill paid by citizens for bad decisions at the top.
“Nigerian citizens cannot be asked indefinitely to endure pain on the promise of a better future,” Obasanjo declared. “This is where good leadership becomes critical.”
Obasanjo has long maintained that Nigeria does not lack resources or potential.
Its problem, he reiterated in Abeokuta, is the failure of those entrusted with power to convert possibilities into development.
“The fundamental danger is not merely that leaders can make mistakes,” he warned. “It is that leadership failure, when left unchecked, can impose consequences on an entire generation.”
Delivered in his hometown and at an institute bearing his name, Obasanjo’s message was both personal and national.
Nigeria’s problem, he said, has moved past diagnosis.
The question now is: Will we correct it before the consequences become irreversible?
As delegates from 50 countries watched, the elder statesman left no doubt where he stands: leadership is not about occupying office. It is about the capacity and willingness to use power responsibly, make difficult decisions in the public interest, and accept the consequences.
Anything less, he warned, and Nigeria may not survive it.
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Atiku, Obi Salute Adeleke on Re-election As Osun Gov
Former Vice President Atiku Abubakar, and a former Governor of Anambra State, Peter Obi, have congratulated Governor Ademola Adeleke on his re-election in the Osun State governorship election.
The two opposition figures separately reacted to Adeleke’s victory in posts on their X accounts on Sunday, commending Osun voters and highlighting the significance of the election to Nigeria’s democracy.
Atiku described Adeleke’s victory as a reflection of the choice made by the people of Osun at the ballot box.
“I congratulate Governor Ademola Adeleke, @AAdeleke_01, on his re-election as Governor of Osun State. His victory demonstrates the choice of the people of Osun as expressed at the ballot box,” Atiku said.
He also commended the electorate for what he described as their passion and peaceful participation in the election, while wishing Adeleke success in his second term.
“I commend the people for their passion and peaceful participation. I wish Governor Adeleke continued success as he continues to serve them,” he added.
Obi, in his reaction, titled “Osun: When the People Stand, Democracy Wins,” also congratulated Adeleke and the people of the state.
He said the election had demonstrated the power of citizens to determine their leaders, adding that Adeleke’s performance and commitment to the people had earned him renewed confidence from the electorate.
Obi particularly praised young voters in Osun for what he described as their vigilance in protecting their democratic mandate.
“The lesson from Osun is clear: democracy is strongest when citizens are alert, conscious of their civic responsibility, and determined to ensure that their votes count,” he said.
The former presidential candidate also used the occasion to urge Nigerians to remain actively involved in the democratic process ahead of the 2027 general elections.
He called on citizens to register, vote and protect their ballots, arguing that Nigerians experiencing hardship, insecurity and deprivation possess the power to demand change through the ballot box.
Obi further urged political actors to prioritise the interests of Nigerians and embrace peace and the rule of law.
“Elections should never be battles of violence, but contests of ideas, competence, character, and service,” he said.
INEC declared Adeleke the winner of the Osun governorship election after he polled 511, 067 votes to defeat his closest challenger, Bola Oyebamiji of the All Progressives Congress, who secured 444, 815 votes.
Headlines
Adeleke Wins Reelection As Osun Governor
By Eric Elezuo
Governor Ademola Adeleke of Osun State has won state’s governorship election. The result was announced by the Returning Officer of the Osun State governorship election, Prof Joshua Olalekan Ogunwale.
The governor polled a total of 511, 067 votes to defeat his closest rival, Bola Oyebamiji of the All Progressives Congress (APC), who score 444, 815 votes. The African Democratic Congress (ADC), Salaam Najid (Iwaloye), came a distant third with 17, 180 votes
Adeleke took an early lead as results uploaded by the Independent National Electoral Commission (INEC) showed him establishing a commanding lead over his closest challenger, and sustained the lead till the final counting
As at 2.06 a.m. on Sunday, INEC had uploaded results from 3,612 polling units, representing 95.99 per cent of the 3,763 polling units in the state, to its Result Viewing Portal (IReV).
With results from only 151 polling units yet to be uploaded, Adeleke, candidate of the Accord Party, had polled 509,057 votes, representing 51.7 per cent of the votes available on IReV.
The emerging outcome came despite a formidable APC campaign effort that drew about 10 governors and leading figures of the ruling party to Osun to canvass support for Oyebamiji.
Eecall that the Senate President Godswill Akpabio and Speaker of the House of Representatives Tajudeen Abbas were among senior APC figures who stormed Osun, and campaigned for the party’s candidate.
Governors who joined the campaign included Hope Uzodimma of Imo State, Monday Okpebholo of Edo State, Usman Ododo of Kogi State, AbdulRahman AbdulRazaq of Kwara State, Babajide Sanwo-Olu of Lagos State, Biodun Oyebanji of Ekiti State, Dapo Abiodun of Ogun State, Mai Mala Buni of Yobe State and Lucky Aiyedatiwa of Ondo State. Delta State Governor Sheriff Oborevwori was represented by his deputy, Monday Onyeme.
By this victory, Adeleke is expected to pilot the affairs of the state for the next four years, till 2031.






