[b]This message below is a food for thought

Mandela Said election in Nigeria is like a war zone.

“You know I am not very happy with Nigeria. I have made that very clear on many occasions. Yes, Nigeria stood by us more than any nation, but you let yourselves down, and Africa and the black race very badly. Your leaders have no respect for their people. They believe that their personal interests are the interests of the people. They take people’s resources and turn it into personal wealth. There is a level of poverty in Nigeria that should be unacceptable. I cannot understand why Nigerians are not more angry than they are.

What do young Nigerians think about your leaders and their country and Africa? Do you teach them history? Do you have lessons on how your past leaders stood by us and gave us large amounts of money? You know I hear from Angolans and Mozambicans and Zimbabweans how your people opened their hearts and their homes to them. I was in prison then, but we know how your leaders punished western companies who supported Apartheid.

What about the corruption and the crimes? Your elections are like wars. Now we hear that you cannot be president in Nigeria unless you are Muslim or Christian. Some people tell me your country may break up. Please don’t let it happen.

Let me tell you what I think you need to do. You should encourage leaders to emerge who will not confuse public office with sources of making personal wealth. Corrupt people do not make good leaders. Then you have to spend a lot of your resources for education.

Educate children of the poor, so that they can get out of poverty. Poverty does not breed confidence. Only confident people can bring changes. Poor, uneducated people can also bring change, but it will be hijacked by the educated and the wealthy...give young Nigerians good education. Teach them the value of hard work and sacrifice, and discourage them from crimes which are destroying your image as a good people.”

(Excerpts taken from a 2007 interview with Mandela conducted by Dr Hakeem Baba-Ahmed).[/color]
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i know this will happen one day. the rate at which the plane dey fly over my roof everyone 5 min they always give me concern. . thanks God they are alive.

Being a successful and influential chief executive officer takes hard work, guts, sacrifice and a more-than-average knowledge of how the business environment works. Many who wish to be successful and influential wonder how others have achieved great things, thinking such feats are impossible in their bid to toe same path.

Nigeria boasts a slew of successful CEOs in almost every sector – banking, oil and gas, sports, health and manufacturing. LEADERSHIP Friday unveils some of Nigeria’s highest paid CEOs and the stories behind their rise to the top, based on authoritative reports, between 2009 and 2012.

CEO, Stanbic IBTC, Sola David-Borha

As the managing director/CEO of Stanbic IBTC Holdings Plc, David-Borha is one of the country’s highly-rated bankers. She is the highest paid director in Nigeria’s banking sector, with an annual remuneration of N177m. When broken down, this becomes N484, 931 daily, including weekends when may have no reason to go to work.

David-Borha has patiently risen through the ranks to get to where she is today. She was, at different times, responsible for overseeing the corporate finance and corporate banking, projects and structure finance, as well as asset management and private banking departments. At a time, she bore the burden of supervising treasury and finance services department.

David-Borha also headed the correspondent banking relationships’ department at Stanbic IBTC and served as a member of the executive committee. She was appointed to the bank’s board in 1994 and has held other positions, including a spell as director of Stanbic IBTC Bank Plc, Stanbic Nominees Nigeria Limited and Stanbic IBTC Stockbrokers Limited. She was also appointed a member of the board of Financial Institutions Training Centre (FITC). She did not miss serving as a member of the bank’s board credit, board nominations and risk management committees.

Having passed through these stages before rising to the pinnacle, David- Borha can be said to have, indeed, paid her dues and can be said to have exhibited a great degree of competence, experience, long career plan and hard work to get to her present position.

CEO, Mobil Oil Nigeria Limited, Tunji Oyebanji

Mobil Oil Nigeria (MON) is one of Nigeria’s major petroleum products marketing companies. As its chief executive officer, Oyebanji is on an annual remuneration of N85m. When broken down, this amounts to a daily pay of about N231, 956.

As chairman/CEO/managing director of MON, there is no doubt that Oyebanji’s hard-work, commitment and dedication has been largely responsible for the turn-around which the company’s fortune has experienced, making it stand tall among other competing oil corporates.

The company now operates more than 200 retail outlets spread across the 36 states of Nigeria and the Fedeeral Capital Territory; it owns three plants (in Apapa, Lagos State) where lubricants, petroleum jelly and insecticides are manufactured.

As at 2011, MON had an annual turn-over of N63.1bn, from N58.34bn in 2010. With a combined dividend per share of N5 and bonus issue of one for five shares, MON has, arguably, the industry’s highest priced stock.

CEO, GTBank, Olusegun Agbaje

The managing director/CEO of Guaranty Trust Bank (GTB), Olusegun J.K. Agbaje, is rated as one of the country’s highest paid CEOs. His GTB prides itself as “the biggest and most profitable bank in Nigeria” and one of the biggest companies on the shores of West Africa. Agbaje co-founded the GTB in 1990 with Tayo Aderinokun who died in 2011.His annual take-home is a whopping N77m.

Before assuming the current position, Agbaje was the deputy managing director of the bank between August 2002 and April 20, 2011. He has also served as the divisional head of the bank’s institutional banking division and also as acting MD of GTB (Ghana) Limited, from April 20, 2011.

Interestingly, Agbaje has served in a number of capacities before becoming the man at the helm of the bank’s affairs. He was, at different points in his career; member, Assets and Liability Management Committee; member, Criticised Assets Committee; member, Board, Information Technology Strategy Committee and member, Board, Risk Management Committee.

On his way to the top, Agbaje also served as member, board, Human Resources and Nomination Committee; member, Management Risk Committee and member, Management Credit Committee. Experience garnered from serving in these committees helped, in no small measure, in preparing him for the current position of CEO.

CEO, Oando Plc, Jubril Adewale Tinubu

According to recent financial reports, the second highest paid CEO in the oil sector is Wale Tinubu, with a total annual remuneration of N69m, an equivalent of N189, 041 per day.

Tinubu is the group chief executive of the company which has been hailed as Africa’s leading indigenous energy solutions provider listed on the stock exchange in Nigeria and Johannesburg. Tinubu also has a record of long-time service, having served on the board of various blue-chip companies as chairman and director.

His outstanding performance has won him several awards, among which are; Africa’s Business Leader of the Year awarded by the African Business Magazine and the Commonwealth Council on the basis of his contributions to the development of the African oil and gas sector in 2010. He won the same accolade in 2011, courtesy of the African Investor.

These accolades are proof that Tinubu’s ascension to the pinnacle of the administrative ladder in Oando was no fluke but a function of his doggedness and hard-work. Tinubu also holds key positions in a number of major financial institutions.

CEO, Forte Oil Plc, Akin Akinfemiwa

Forte Oil Plc. (formally African Petroleum Plc.) is a foremost indigenous major marketer of refined petroleum products with strong presence in the 36 states of the federation and Abuja. According to recent reports, as its group chief executive officer, Akinfemiwa’s annual salary is N64m (N175, 342 per day).

Prior to this appointment, Akinfemiwa had a successful career in the banking sector. He served as the CEO of Sky Bank Plc, until July 31, 2010. His expertise covers a range of areas, including; strategic planning and management, corporate banking, project financing, leadership and advisory services. He has also served as managing director/CEO of Prudent Bank.

Akinfemiwa has now brought his hard-work to bear on the fortunes of Forte Oil Plc. The public liability company which is quoted on the Nigerian Stock Exchange (NSE) has over 500 dealer-assisted and dealer-developed retail outlets spread across the country.

CEO, UBA, Phillips Oduoza

Phillips Oduoza is the chief executive officer, group managing director, and an executive director of the United Bank for Africa (UBA) Plc. He is one of the highest paid CEOs in the banking sector, with an annual remuneration of N57m (as at 2010). It suffices to say that Oduoza is one of the few who can beat their chest in fulfilment of a banking career.

He became the CEO and managing director of the bank in August 2010 and has served as its deputy managing director (South) from the 2005. Besides having the honour of having gained monumental experience from working across different banks for more than 20 years, he has served also as the bank’s executive director of Retail Financial Services. UBA’s fortune, no doubt, has snow-balled, with results from his professional services and investment of talents as proof.

His services in the bank cut across membership of the board risk committee and financial and general purpose committee. Before assuming the position of CEO, he served as deputy managing director of the bank. Among many other designations, he was an executive director of the defunct Standard Trust Bank (STB) which was acquired by the UBA in the thick of the consolidation exercise introduced by the then-governor of the Central Bank of Nigeria (CBN), Professor Charles Chukwuma Soludo.

CEO, Ecobank Nigeria, Jubril Aku

According to a Banks’ Financial Transparency report, as at 2009, the bank ranked second on the list of highest paid bank CEOs in Nigeria, with N88m per annum as salary for its CEO. But the bank reportedly slashed the CEO’s emolument to N38m per annum, perhaps, as a measure against financial stress.

Jubril Aku is the chief executive officer (CEO) of Ecobank Nigeria Plc. He has been its managing director since March 2010. Aku served as acting treasurer, Citibank, Tanzania and as country treasurer, Citibank Nigeria Plc.

He began his banking career in 1979 with the United Bank for Africa (UBA) Plc., where he worked for three years from September, 1986 to December, 1989. He served at the Continental Merchant Bank Plc., where he worked as a credit and investment analyst.

Aku has served in various capacities with different financial institutions and is, by all standards, an accomplished banker.

Au’s academic brilliance has earned him several accolades, among which are the First Bank of Nigeria Plc Prize for the Best Graduating Student in Banking and Finance at the Ahmadu Bello University, from where he graduated with honours in 1986.

CEO, Zenith Bank, Godwin Emefiele

The CEO and group managing director of Zenith Bank Plc, Godwin Emefiele, is also one of the highest paid CEOs of Nigerian companies. Emefiele succeeded the pioneer CEO of the bank, Jim Ovia, in August 2010. By his current position in the bank’s hierarchy and the number of branches it can bboast of within the country and in West Africa, it is evident that Emefiele is fulfilled.

Prior to his choice of banking as a career in Zenith Bank, Emefiele was a lecturer in University of Nigeria and University of Port Harcourt where he taught Finance, Bank Management and Insurance. However, he later left the academia for banking. He joined Zenith as a pioneer staff over 22 years ago and has proved his worth in advancing the bank as well as increasing its fortunes and profitability. In 2001, he was appointed deputy managing director before succeeding Ovia three years ago.

He has also served as member of Executive Committee, member of Board Credit Committee, member of Staff Matters, Finance and General Purpose Committee and member of Board Risk Management Committee. Emefiele’s services and impact were also felt in Management Global Credit Committee, Risk Management committee, Assets and Liabilities Committee and Information Technology Steering Committee where he served as member.

The advancements made by the bank are not without the inputs of Emefiele who served as executive director in charge of corporate banking. He as well served in the treasury, financial control and strategic planning department. He has been in the management team of Zenith Bank from its inception.

bros this no be new news, we are used to the situation.........next topic please..........

NEXT ISSUE PLEASE...... i am tired of this ODUA issue.

next question if for N12B[/font]

if SULE LAMIDE @ Sons Stole N10b from inception to date who can tell us how much Goodluck and patience have divert since inception to date?

i finished from Rimi college kaduna, my e-mail is rashkaf@yahoo.com or call 08023357700.

bros you 4 try show us view of Lagos state na OSHODI......... IKEJA ..... OGBA ...... abi..... this is key.

people before your wife slap you ...hummmm... she must have been doing it in her mind (TEST ENVIRONMENT) D ...... and when she eventually slap you, it is called (GO-LIVE) . For me......... na avenue to know the kind woman marry

I no too understand the picture ............ make dem try reverse the arrangement make people way dey back come from and people way dey front go back. the picture go get meaning after this.........

I dey go sleep ..... wake me up when ;Dthis is done.

breaking news........breaking news .............breaking news
ASUU has agreed to call off .......





10m for each members present at the negotiation.

Na too much shark dey cause am . no lele. Abi na holy water settle for her body ni

watin this topic come teach us....... wake me up when den begin share free airtime joor. .

this mama not too bad ooooo. I MUST DO THE NEEDFUL

Ooooooo tunder, i command you to visit NNPC tower

whatz your last price for 160g call 08032257700.

Its urgent

whatz your last price for 160g call 08032257700

i am interested, whats your last price for the stuff, revert urgently.

i am interested, how much can u offer last. revert urgently.

guy .... how much for the decoders

I am not surprise, We live in a country were our leader wake up and request for N13b to renovate VP PERSONAL house, yet people that pay tax did not have comfort. We live in a country were Mr president requested and budget N1b for food and drinks in Aso rock, yet the people they govern cannot eat three square mail per day.

We are not fool, very soon they will be call upon to answer how they are govern us. We are witness to what is happening in Egypt, Tunisia, Libya, Congo,

Tell them WE ARE NOT EDUCATED ILLITERATE, IF THEY ARE.

Very soon they will be answerable to this kids

I am bankrupt too and i need help

I knew this guy in Kaduna, all he dose is to cruse around town with different girls, he bought one of them a porch car and lives a luxury life-style. so let him understand that GARRI can serve as breakfast joor