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Issues in President Tinubu’s UK state visit

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President Tinubu

President Bola Tinubu begins historic UK State Visit on March 17, 2026, to boost Nigeria-UK diplomacy, trade, and investment partnerships

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By Temitope Ajayi

President Bola Tinubu will land at the airport on March 17, 2026 to begin a historic State Visit that will showcase to the world the unique bond that exists between Nigeria and the United Kingdom.

Also read: Considering Dapo Abiodun For Senate : Will Be A Set back for Ogun East

When the formalities of the visit begin on March 18, the President Tinubu, in the company of his wife, Senator Oluremi Tinubu, will be the fifth Nigerian leader to be so honoured at the highest level of diplomacy by the British Crown and the first to be hosted at Windsor Castle. The four previous Nigerian leaders were hosted at the Buckingham Palace.

This visit carries symbolism beyond ceremony. It reflects the steady evolution of a relationship shaped first by history, then by diplomacy, and now increasingly by commerce, investment, and shared global ambition.

Nigeria’s post independence leader, Prime Minister Tafawa Balewa, the first to be invited on a State Visit by a British sovereign, was received on December 14, 1965, by Queen Elizabeth II in a move that signalled the preeminent status of Nigeria as the giant of Africa on a global stage, just five years after independence from British colonial rule.

Eight years later, Queen Elizabeth II hosted General Yakubu Gowon, the Military Head of State, on June 12, 1973.

That visit was followed by that of the first democratically elected President of Nigeria, Alhaji Shehu Usman Shagari, which began from March 17 through March 20, 1981.

By the time the fourth visit by a Nigerian leader took place in 1989, the country had, again, fallen under military rule after the short spell of the Shagari administration from October 1, 1979, to December 31, 1983.

Queen Elizabeth II hosted General Ibrahim Babangida and his late wife, Mariam Babangida, to a spectacular State Visit that ended on May 12, 1989.

If the previous four State Visits elevated the special relationship between Nigeria and the United Kingdom, President Tinubu’s scheduled visit, which was first announced by the British Royal Family on February 10, 2026, is taking the bond between the two great nations to a new era of cooperation and shared values.

It is worth stating that Nigeria is the only country in Africa whose leader will be hosted on a state visit by His Majesty’s government for the fifth time.

Only South Africa whose President has been received three times came close and the last was when President Jacob Zuma and his wife, Thobeka Zuma were hosted between March 3 to March 5, 2010.

Other leaders of African countries such as Egypt, Ghana, Zimbabwe, Senegal, Morocco, Malawi, Liberia, Zambia and Tanzania have only been hosted once.

Since Independence in 1960, Nigeria and the United Kingdom have enjoyed robust bilateral relations covering education, defence, trade, culture, technology, and sports.

Security cooperation has also remained a central pillar of this partnership.

The United Kingdom continues to support Nigeria in areas such as counter terrorism training, intelligence collaboration, and military capacity building, particularly in efforts to stabilise parts of the country affected by insurgency and organised crime.

This cooperation reflects the shared interest of both nations in regional stability and international security.

President Tinubu’s visit to the UK on the invitation of King Charles III, at a time the United Kingdom is redefining her global trade relationships following exit from the European Union, is not just another visit.

It is a visit that speaks to the status of Nigeria as the world’s largest Black democracy and the biggest market in Africa.

It is also coming on the heels of significant economic reforms initiated by President Tinubu to stabilise Nigeria’s economy, liberalise the foreign exchange market, reform the tax system, and reposition the country for investment led growth.

Nigeria today stands at an inflection point where bold domestic reforms are beginning to align with a renewed diplomatic push to attract global capital, expand trade, and reposition Africa’s largest economy for long term competitiveness.

With a population projected to become the third largest in the world within the next three decades, Nigeria’s economic trajectory will increasingly shape the future of Africa’s growth story.

As global investors look toward emerging markets for the next wave of growth, Nigeria is positioning itself to become one of the most consequential economic frontiers of the twenty first century.

The post Brexit UK government continues to expand trade and market access for British goods and services through strategic bilateral partnerships around the world.

Nowhere else in Africa will the UK seek to deepen cooperation more than with the continent’s largest market where hundreds of British corporations have maintained a strong and profitable presence for more than a century.

Nigeria is the second largest trading partner of the United Kingdom in Africa with annual bilateral trade volumes estimated at about eight billion pounds across energy, finance, education, technology, and retail.

Nigeria’s trade and economic partnership with the United Kingdom have been significantly strengthened under the UK Nigeria Enhanced Trade and Investment Partnership (ETIP), which was signed in 2024 under the leadership of President Tinubu.

Under the ETIP, the two countries designed a strategic framework to boost bilateral trade beyond current levels while removing barriers to commerce and expanding cooperation in sectors such as agriculture, technology, renewable energy, fintech, manufacturing, retail, and the creative economy.

In an era where global supply chains are shifting and emerging markets are competing for capital, deeper economic cooperation between Nigeria and the United Kingdom presents opportunities for both nations to expand trade, investment, and innovation across multiple sectors.

Other key aspects of the ETIP include economic diversification and support for export led economic activities. With ETIP, Nigerian exporters can effectively leverage the Developing Countries Trading Scheme (DCTS), which offers low to zero tariff access to the UK market for more than 3,000 products.

The framework is also focused on job creation for the citizens of both countries by stimulating private sector investment, strengthening value chains, and supporting Nigeria’s broader economic reform agenda.

While Nigeria’s creative and cultural products are on global ascendancy, ETIP also provides a platform for structured cooperation in the creative industries through a specialised Technical Working Group.

The group will work to deepen collaboration in film production, music, fashion, digital media, and cultural exports while attracting more British investment into Nigeria’s fast growing creative economy, which has emerged as one of the country’s most powerful drivers of youth employment, cultural influence, and soft power.

President Tinubu’s State Visit is notable in several respects. He will be the first Nigerian leader to be honoured as a special guest of the British Royal Family since Nigeria returned to democratic rule in 1999.

In an interesting historical symmetry, it was the then Prince Charles, now King Charles III, who represented the British Government and Queen Elizabeth II at the inauguration ceremony of President Olusegun Obasanjo on May 29, 1999.

Then Prince Charles was among the visiting Heads of State and global leaders at Eagle Square in Abuja who witnessed the rebirth of Nigeria’s democratic era after sixteen years of uninterrupted military rule.

In a fitting tribute to that historic democratic transition, King Charles III will now play host to President Tinubu, an avowed democrat and one of the prominent figures of Nigeria’s pro democracy movement, on a State Visit as the democratically elected leader of Nigeria.

It is important to state that the United Kingdom has been home to Nigerians for more than two centuries with an active and influential diaspora population currently estimated at over 500,000 people. This vibrant community represents one of the strongest bridges between the two nations.

Nigerians in the diaspora contribute significantly to both economies through entrepreneurship, professional excellence, and remittances which contribute billions of dollars annually to Nigeria’s economy.

For higher education, the UK remains one of the most attractive destinations for Nigerian students. It was reported that over 53,000 Nigerians were enrolled in UK universities as of 2023.

Equally, Nigeria remains one of the leading sources of international students in the UK with 36,839 study visas granted to Nigerians as of September 2025.

The growing Nigerian British community continues to distinguish itself across sports, literature, film, music, and public life.

Global cultural figures of Nigerian heritage such as Sade Adu, Anthony Joshua, Bukayo Saka, Chiwetel Ejiofor, Cynthia Erivo, John Boyega, renowned novelist Ben Okri, and political leaders like Kemi Badenoch continue to strengthen the cultural and historical ties that bind both countries together.

While in the United Kingdom, where he will hold bilateral engagements with Prime Minister Keir Starmer at Downing Street and attend a private sector led business summit with Nigerian and British business leaders, President Tinubu will use the State Visit to further deepen economic cooperation and strengthen strategic partnerships with the government and people of the United Kingdom.

He will present Nigeria’s reform story and highlight the vast investment opportunities emerging across key sectors such as mining, energy, infrastructure, agriculture, livestock, food processing, technology, and the creative economy.

More importantly, the visit represents an opportunity to advance a relationship that has evolved from shared history into a modern partnership built on investment, innovation, and mutual growth.

As both nations navigate an increasingly competitive global economy, Nigeria and the United Kingdom are well positioned to translate their long-standing ties into a forward-looking alliance driven by enterprise, opportunity, and shared prosperity.

It will also be an opportunity for both countries to explore how to strengthen the Commonwealth of Nations, in which they are heavily invested, to play a more effective and impactful role in global affairs at a time when the rule-based international order is under great threat with negative consequences for world peace, stability and progress.

More than six decades after Nigeria’s independence and decades after the earliest diplomatic exchanges between both nations, the relationship between Nigeria and the United Kingdom continues to evolve in ways that reflect the changing realities of the global economy.

What began as a relationship defined by history has matured into one increasingly defined by opportunity.

Also read: Nova Bank Appoints Jude Anele as Managing Director/CEO …Meets CBN Capital Requirements

In that sense, President Tinubu’s visit is not only a reaffirmation of enduring ties. It is also a statement of intent about the future both countries seek to build together.

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Still on Government neglect of our hospitals…

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hospitals

By Bolanle BOLAWOLE,

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Few days ago, a senior pastor of mine called and spoke fata-fata, as they say, about the state of our hospitals. His preambles were something else; it went something like this: Pastor Bolawole, I know you journalists are part of the problems of this country! You don’t tell our leaders the truth.

Also read: Details As Fresh 5,000 Teachers Take New Digital Tools Into Nigeria’s Classrooms

Is it because of the brown envelopes you collect from them? That is why you are in cahoots with them.” I had started wondering what was the matter before he hit the nail on the head: Someone dear to him was ill and they needed him or her (I can’t remember which one) to undergo MRI scanning but no MRI machine was available “in the whole of Ogun state”, he said.

Eventually, they had to hire a vehicle for N50,000:00 to convey the sick person to the Redeemed Christian Church of God (RCCG) medical facility at the Redemption City (formerly Redemption Camp) along the Lagos-Ibadan Expressway, Mowe, for the MRI to be done. “And they will say Redeemed (RCCG) is not doing anything!” As I made to speak, he rounded up with “I just felt I should let you know about this” and hung up.

Not a single MRI machine in the whole of Ogun state? It appears unbelievable. But come to think about it, is Redemption City, where they eventually found one, not in Ogun state? Syllogism, which I learnt in Philosophy 101, taught at the then University of Ife (now Obafemi Awolowo University), Ile-Ife, by Dr. Dipo Fashina (aka Jingo), as he then was, is instructive here. According to Google, a syllogism is a form of logical reasoning that uses deductive logic to combine two statements and arrive at a new conclusion.

A standard syllogism has three parts: The first part is the major premise, which is a general statement or rule that is assumed to be true. The second part is a minor premise, specific fact or case that relates to the major premise. The third part is the conclusion, which is the logical result that follows from the two premises.

A classic example is: All humans are mortal/Socrates is a human/Therefore, Socrates is mortal. Another example is: All mammals are warm-blooded/All dogs are mammals/Therefore, all dogs are warm-blooded.” Arising from the above, we can construct our own syllogism thus: Redemption City is in Ogun state/MRI machine was found at Redemption City/Therefore, there is an MRI machine in Ogun state! QED!

The curiosity of a journalist still pushed me to ask questions about MRI machines. What exactly are they and their use? I got the following answer: “An MRI machine is a medical imaging device that uses powerful magnets and radio waves to create highly detailed, cross-sectional pictures of the inside of the body.

Healthcare providers use MRI scans to evaluate, diagnose, and monitor a wide variety of medical conditions without using harmful radiation. It is especially effective for viewing soft tissues.

Common uses include examining the brain and spinal cord; diagnosing strokes, multiple sclerosis (MS), brain tumors, aneurysms, and spinal cord injuries.

It is also useful in detecting “tears in ligaments, tendons, and cartilage (such as in the knee or shoulder), as well as bone infections, evaluating heart damage from heart attacks, congenital heart disease, heart structure, and blood flow abnormalities. MRI machines are also used in checking organs in the chest, abdomen, and pelvis—including the liver, kidneys, pancreas, prostate, and uterus—for tumors, inflammation, or disease.

Waooh! If MRI machines are this useful; nay, indispensable, how come they are not commonplace in our hospitals? Are their costs prohibitive? I got the following response: “New clinical MRI machines typically cost between $1 million and $3 million while advanced 7T research systems can reach $7 million. Purchase Price Breakdown: New Systems: A standard 1.5T or 3T MRI scanner costs $900,000 to over $3.7 million for the hardware alone. Refurbished or Pre-Owned Systems: Used or refurbished units range from $100,000 to $700,000, depending on field strength (Tesla rating), bore size, and condition. Budget/Low-Field Open MRIs: Basic or low-field models (0.25T–0.5T) cost between $130,000 and $300,000.

Additional Ownership and Operating Expenses: The sticker price is only part of the investment; total cost of ownership involves heavy infrastructure and maintenance outlays: Installation and Site Preparation: Specialized room construction, radiofrequency (RF) shielding, cryogen venting, and structural reinforcement typically add $75,000 or more.

Maintenance and Cooling: Annual service contracts and maintenance range from $10,000 to $100,000 per year, driven heavily by liquid helium consumption used to keep superconducting magnets cold (though newer low-helium or helium-free technologies are emerging).

These are not costs that even a local government cannot afford in today’s Nigeria, especially with the quantum of money the Bola Ahmed Tinubu administration is heaping on the two tiers of government – state and local governments. But to make assurance doubly sure, as they say, I asked Google if it has any information on the availability of MRI machines in Ogun state. This is the answer I got: “Yes, an advanced MRI machine is available in Ogun state at the private specialist facility – Redeemer’s Health Village located in Redemption City, Mowe.”

It goes further to say: “Redeemer’s Health Village (RHV) houses a 1.5 Tesla MRI system featuring a wide 70 cm bore capable of accommodating plus-sized patients weighing over 300 kg. They also offer subsidized scan slots for low-income and indigent patients.” Thumbs up for RCCG, but thumbs down for Ogun state because “major public healthcare facilities in the state – such as the Olabisi Onabanjo University Teaching Hospital (OOUTH) in Sagamu and the State Hospital in Ijaiye have lacked functional on-site MRI equipment, with the State House of Assembly actively pushing for their procurement.”

It is common knowledge that our leaders at all levels devote scanty attention to the state of our hospitals, primarily because they don’t patronize them. They always fly abroad for medical treatment – and can also afford the charges in the best private hospitals available locally.

These days, we are inundated with stories of “lack of bed space” in virtually all our hospitals. The father of one of my choriters spent hours on his wife’s wrapper spread on the bare floor along the corridors of LUTH before he was attended to because there was no bed space. He died. My panel-beater’s 14-year-old girl was rejected in one government hospital after another because of lack of bed space. She died.

The unprofessional conduct of health workers is another worrisome experience that anyone unfortunate enough to approach government hospitals have had to tell ad nauseam, ad infinitum.

My treasured niece, Abosede Oluwayemi Edema, aged 54, died last June at the Federal Medical Centre, Ebute-Metta, Lagos after being left unattended from 2.00am until she fell into a coma at 4.00pm. Her blood infection, which should not have killed her if she had been adequately and promptly attended to, was left untreated till she died. Doctors’ negligence, nonchalance, unprofessional conduct, and the complicity and duplicity of her husband, sent her to an untimely grave. We can go on and on!

One story that made headline news last week was the death of one Mr. Olatunde John Kolawole, which reportedly occurred at the Lagos State Teaching Hospital (LASUTH), Ikeja. Kolawole had an accident while trying to avoid an errant tricycle rider; he promptly got to the hospital but reportedly was left unattended for many hours that eventually proved fatal.

One of the dead man’s siblings had this to say: “Your death was not just an accident… It was a failure of duty. The people sworn to protect life let you slip away. An accident didn’t kill you, but (the) negligence of LASUTH (did).”

I could feel her pain because I have been through that valley lately. It was not the cancer that my niece, Bose, bravely fought that eventually killed her; the concoctions applied on her by her husband and his family, caused the blood infection that took her to the hospital. The nonchalance of doctors at the FMC, Ebute-Metta, was the last straw that broke the camel’s back.

Issues arising from these incidents include the dearth of qualified and experienced health workers in our medical facilities. JAPA has turned our hospitals into a ghost of their former selves – and our governments appear to be doing nothing about it. They don’t patronise our hospitals anyway.

The remaining medical personnel are criminally over-worked and stretched beyond elasticity level; with many collapsing and dying on duty. Little wonder, then, that they have become somewhat nonchalant and cavalier while on duty. “Do your best and take a rest or leave the rest” now appears the mantra. In addition to shortage of hands, available facilities have not grown in tandem with population explosion, leaving gaps that cannot be filled overnight.

Factor in the widespread corruption cankerworm and you begin to see how deplorable, to say the least, the situation has become in our hospitals.

There also is the question of the free rein given to Okada and Keke riders in many South-west states.

It was the mercy of God that saved my family from mourning two years back when an Okada rider suddenly made a u-turn into the lane of my son’s power bike. All they need to hear is a shout of “okada”! Pronto, they stop! They turn! Anything! Something has got to be done about these pests.

But until citizens become more proactive and begin to hold the feet of our leaders to the fire, nothing will change. Fela said it all in his song, “Suffering and Smiling”: For as long as we keep smiling back at them, they won’t see our pains; but the moment we begin to bare our fangs, they will feel our pains – and act appropriately!

PHCH’s hideous tariff hike

I read somewhere recently that the Government said it preferred that consumers be metered than for PHCN to hike tariffs.

Either the government is not aware of what is happening in the power section or it is duplicitous and complicit. PHCH has silently been adjusting its tariff without any commensurate improvement in service delivery. I got to know this – and with empirical evidence – last week when I recharged. I usually do this on a yearly basis. PHCN surreptitiously reviews tariff upward and or upgrade end-users from a lower-paying to a higher-paying Band without notice. On September 22nd, 2025, I bought 1488.8 KWh for N50,000.00 (Fifty Thousand Naira) only.

One year after, specifically on September 16, 2026, the same N50,000.00 (Fifth Thousand Naira) could only fetch me 1015.5 KWh, a loss of 473.3 KWh! A whopping 46.61% increase within a space of one year without any commensurate improvement in services provided! Tell me, where are we going in this country?

Also read: Details As Fresh 5,000 Teachers Take New Digital Tools Into Nigeria’s Classrooms

When the government flaunts parameters and economic indices indicating that things are looking up, but citizens counter that their life isn’t improving, it is because of hidden and hideous costs such as PHCN’s that is not allowing the common man to enjoy the fruits of government’s efforts at revamping the economy. Must we fold our arms and look – and suffer in silence?

 

(Published in the ON THE LORD’S DAY column in the Sunday Tribune newspaper edition of Sunday, 27 September, 2026).

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How Tony Elumelu’s Africapitalism is multiplying impact across Africa

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Tony Elumelu

By Ehi Braimah,

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Conversations during economic summits on Africa clearly indicate that governments alone cannot transform Africa’s economic fortunes.

Also read: Details As Fresh 5,000 Teachers Take New Digital Tools Into Nigeria’s Classrooms

While African countries bet on foreign investment, or depend on borrowing and aid, a thinking still rooted in our colonial history, something more fundamental is taking place across the continent: the capacity of young Africans to create businesses, jobs and solutions to problems around them.

This significant shift by young Africans, demonstrating their capacity to innovate and launch businesses of their own, leads us to Africapitalism, the economic philosophy associated with Nigerian entrepreneur and philanthropist Tony Elumelu.

The philosophy is simple: Africans must play a central role in creating Africa’s economic prosperity.

At its heart is the belief that Africa’s private sector can drive economic and social development by creating long-term economic value and social wealth on the continent.

The Tony Elumelu Foundation (TEF) has translated this philosophy into an ambitious entrepreneurship programme that identifies, trains, mentors and provides seed capital to young African entrepreneurs.

The idea is simple but potentially transformational: give young Africans the tools and capital to build sustainable businesses, rather than waiting for them to find employment in economies that cannot create enough jobs.

In terms of scale and impact, the numbers behind TEF’s entrepreneurship intervention are substantial.

The story of Ms. Theresa Oluwagbemi which I am about to tell is not an isolated case, but part of an entrepreneurship ecosystem.

Since the launch of its flagship Entrepreneurship Programme in 2015, TEF has empowered more than 27,000 entrepreneurs across 54 African countries, while more than 2.5 million Africans have accessed business-management training through TEFConnect. In addition, more than US$100 million in seed capital has been disbursed so far to selected entrepreneurs.

According to TEF’s latest figures, businesses supported through the programme have collectively generated more than US$4.2 billion in revenue and created more than 1.5 million direct and indirect jobs.

TEF also reports that it has lifted 2.1 million Africans above the poverty line and positively affected more than four million African households.

The programme’s reach is also demonstrated by the extraordinary demand for it. In 2026 alone, TEF received more than 265,000 applications from young Africans across the continent before selecting a cohort of 3,200 beneficiaries – up from 1,000 beneficiaries when the programme was launched 11 years ago – with 51 percent being women.

Supported by his wife, Awele, Tony Elumelu took TEF to a new level, building partnership with major development institutions, governments and global foundations to scale the programme.

These partners include the European Union, UNDP, ADB, International Committee of the Red Cross, United States African Development Foundation, Organisation of African, Caribbean and Pacific States; German Development Finance Institution (DEG), German Agency for International Cooperation (GIZ), Google, UNICEF Generation Unlimited, IKEA Foundation, the UAE Office of Development Affairs, and Khalifa Bin Zayed Al Nahyan Foundation, among others.

I have had the privilege of experiencing the Africapitalism philosophy from the other side of the table as a mentor in the Tony Elumelu Entrepreneurship Programme.

Last year, I was assigned to mentor Theresa Ouwagbemi, a young Nigerian entrepreneur whose journey provides a compelling illustration of how relatively modest catalytic capital can unlock economic activity.

Theresa studied Mass Communication at the Federal University, Oye-Ekiti, graduating with a second-class upper division, but her entrepreneurial journey began before graduation.

She started producing and selling liquid soap on a very small scale, primarily to students and lecturers in her university.

Like many young entrepreneurs, she had an idea and the determination to pursue it, but lacked the resources to take the business to the next level.

Then came TEF.

Theresa heard about the programme through a mentor who encouraged her to apply.

She knew the selection process was competitive; nevertheless, she submitted her application, including her business pitch and proposal. When the email announcing her selection arrived, it became, in her words, “one of the best days of my life.”

That moment was more than an emotional milestone – it marked the beginning of a significant transition in her entrepreneurial journey.

She received the $5,000 seed grant in January, 2026, alongside access to the programme’s masterclass and mentorship.

The combination is important. Capital without knowledge can be wasted, just as knowledge without capital can remain theoretical.

Her business, “Boom Liquid Wash”, began to acquire the capacity to serve a wider market. Before the grant, Theresa’s business was constrained by the limited equipment available to her.

She had to turn down some contracts because she lacked the production capacity required to fulfil them.

The grant changed that equation. With the money, she acquired basic equipment needed for production.

Her customer base expanded beyond students and lecturers to include restaurants, office owners, other businesses and individual consumers. This is where the broader significance of Africapitalism becomes evident.

The US$5,000 did not simply become money in Theresa’s bank account; it became productive capital. It was converted into equipment, production capacity, customers and business relationships.

It enabled 23-year-old Theresa to accept opportunities that were previously beyond her reach. That is the multiplier effect that entrepreneurship can produce.

Theresa’s story also demonstrates why entrepreneurship development cannot be reduced to simply handing young people money.

The TEF model helps entrepreneurs to develop the knowledge, resilience and connections required to survive in a difficult business environment, and Nigeria’s business environment can be difficult.

Theresa recalls an occasion when the price of chemicals used in her production increased by more than 60 per cent. For a small business, such a sudden increase in input costs can threaten profitability and customer relationships.

How do you explain to customers that your costs have suddenly risen? How do you protect your margins without losing your market? How do you keep going when the economics of your business appear to be changing overnight?

These are not theoretical questions for young African entrepreneurs; they are everyday realities.
We discussed these challenges and Theresa learned to adapt.

Her entrepreneurial experience has also exposed her to opportunities and people she might not otherwise have encountered. While she was still a student, for example, she produced souvenirs for the Dean of her department.

More importantly, entrepreneurship has sharpened her ability to identify problems and develop tailored solutions.

That is another important dimension of Africapitalism: the entrepreneur is not merely a beneficiary of economic development, but becomes an agent of economic development.

Theresa’s customers are beneficiaries because they have access to locally produced products. Her suppliers also benefit from demand, and the businesses that buy her products benefit from reliable supply. As “Boom Liquid Wash” grows, its economic footprint can grow with it. Multiply Theresa’s experience by thousands of entrepreneurs across Africa and the significance becomes much larger.

This is why the Tony Elumelu Entrepreneurship Programme is important beyond the individual entrepreneurs who receive the grants.

The real ambition is to create an ecosystem in which African entrepreneurs thrive, solve African problems, build African businesses and create economic value within African economies.

Africa has no shortage of entrepreneurial energy. What it often lacks is the capital, infrastructure, market access, knowledge and institutional support required to turn entrepreneurial ideas into sustainable businesses.

The intervention of catalytic capital can therefore be significant, but money alone does not guarantee success.

Theresa has learned some hard lessons. One is particularly memorable: never sell on credit. Her experience reflects one of the perennial challenges facing small businesses: cash flow.

A small business may have customers and make sales on paper but still struggle if customers do not pay promptly.

Her second lesson is perhaps even more important: entrepreneurship is not a smooth journey.

There will be setbacks, unexpected costs, disappointments and moments of discouragement.

My advice to Theresa and other young entrepreneurs is to look back at what they have achieved and remember what motivated them to start in the first place.

That resilience is essential to building businesses that can survive beyond the initial intervention.
Theresa is currently undertaking her National Youth Service Corps programme in Enugu, in Eastern Nigeria.

She describes her experience in Enugu as beautiful, saying she has met amazing people and visited beautiful places.

But NYSC is only another chapter in her journey; her ambition is much bigger. She wants to grow “Boom Liquid Wash” into a business that meets global standards.

She plans to gain additional exposure by interning with companies that represent the blueprint she wants for her own business. She also plans to pursue an MBA because, in her words, building a global business requires “a global mindset, experience and exposure.”

This is precisely the kind of ambition that programmes such as TEF seek to nurture.

There is an important lesson here for Africa: development should not only be measured by the amount of money injected into an economy; it should also be measured by the productive capacity that such capital creates.

The money should create a business, acquire customers, and enable increase in production.

In addition, the entrepreneur should acquire new skills; the enterprise should become capable of accepting larger contracts, while creating opportunities for others, contributing to the economic value within the community and, ultimately, within the African economy.

This is the type of value chain that makes the Africapitalism conversation particularly relevant. Tony Elumelu’s intervention is premised on the idea that the African private sector can be an engine of development.

Rather than viewing philanthropy simply as the distribution of resources, Africapitalism seeks to connect enterprise, investment, economic empowerment and social impact.

Theresa’s story illustrates this connection at the micro level. Her production capacity grew and her customer based expanded with bigger ambitions. The next challenge for her is sustainability.

The ultimate test of any entrepreneurship programme is what happens after the grant. Can businesses survive? Can they scale and create jobs? Can they attract additional capital? Can they become suppliers to larger companies? Can they expand across borders? Theresa appears determined to pursue that journey.

Her aspiration to build a global-standard business is significant because Africa needs businesses that can grow, compete, innovate, export and create wealth.

The continent’s enormous youth population makes this even more urgent. Millions of young Africans will enter the labour market in the coming years, but no government can employ everyone.

Sustainable private enterprises must therefore become an increasingly important part of the solution. This is where Africapitalism intersects with Africa’s development challenge.

The goal is not capitalism for its own sake; it is the deployment of private enterprise and capital to generate both economic and social value.

Theresa’s journey from a small student-based liquid soap business to a growing enterprise with customers beyond her immediate environment may appear modest against the scale of Africa’s economic challenges, but transformation often begins at this level – one young African entrepreneur who moves from dependency to enterprise. That is how impact multiplies.

The real promise of Africapitalism lies not simply in the success of one Tony Elumelu entrepreneur, but in the possibility that thousands of entrepreneurs can become creators of value, employers of labour, innovators and contributors to Africa’s economic transformation.

Theresa’s story is therefore bigger than “Boom Liquid Wash” – it is a story about what happens when capital meets an idea, when mentorship meets ambition, and when opportunity meets determination.

Also read: Details As Fresh 5,000 Teachers Take New Digital Tools Into Nigeria’s Classrooms

Perhaps that is one of the most powerful ways to understand Tony Elumelu’s vision for Africa: don’t just give young Africans a chance to find jobs; give them a chance to build businesses that create jobs, wealth and solutions for Africa.

That is Africapitalism in action.

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Oyo 2027: Inside the Alli-Adedeji Ticket and the ‘2 for 1’ Strategy

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Oyo

By Seun Oloketuyi,

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The All Progressives Congress in Oyo State has settled on a two-man ticket for the 2027 governorship election, with Senator Sharafadeen Abiodun Alli as its candidate and Hon. Adesoji Michael Adedeji as his running mate.

Also read: Onaiyekan Urges Nigeria to End Election Rigging, Political Abuse

The two were formally presented on July 2, 2026, in Ibadan, where Alli also received the party’s nomination form.

Since then, one phrase has followed the ticket: “two for the price of one.” It is a simple description, but there is some thinking behind the pairing.

Who is Adesoji Adedeji?

At 46, Adesoji Adedeji is the younger half of the ticket. He studied Economics at Obafemi Awolowo University, Ile-Ife, and is from Iwo-Ate in Ogo Oluwa Local Government Area of Oyo State, in the Ogbomoso zone.

He is also the younger brother of Dr Zacch Adedeji, Executive Chairman of the Nigeria Revenue Service.That family connection has brought some attention to his emergence, but the APC ticket also gives Adedeji an opportunity to build his own political profile.

Unlike Alli, who has spent years in politics and currently represents Oyo South in the Senate, Adedeji is relatively new to elective politics. His emergence therefore brings a younger face and a different background to the ticket.

There is also the question of geography.
Alli is from Ibadan, while Adedeji comes from Ogo Oluwa. In a state where the different zones often feature prominently in political calculations, that is part of what makes the pairing notable.

Why ‘2 for 1’?

The idea behind the phrase is fairly straightforward.
On one side is Alli, a politician with years of experience in public office. On the other is Adedeji, a younger candidate with an Economics background and a different professional experience. Then there is the geographical spread.

Ibadan has long been a major centre of political activity in Oyo State. Adedeji’s roots in the Ogbomoso axis allow the APC to present the ticket as one that extends beyond the state capital.

Whether that will translate into votes is another matter. For now, the choice gives the party a ticket that brings different parts of the state into the same political arrangement.

What Adedeji says he wants

Since emerging as Alli’s running mate, Adedeji has also spoken about some of the issues he wants the ticket to address. At a stakeholders’ meeting, he talked about improving infrastructure across Oke-Ogun, Ogbomoso, Ibarapa, Oyo and other parts of the state.

He also spoke about the need for functional hospitals in every local government and greater financial and administrative autonomy for local councils.“Every local government will receive all that is due to them,” he said.

The message is centred largely on taking development beyond the major urban areas and ensuring that local communities also benefit from government programmes.

The politics behind the pairing

Adedeji’s emergence came after Alli secured the APC governorship ticket in a primary that featured several notable aspirants, including former Deputy Governor Rauf Olaniyan, Akeem Agbaje and former Minister of Power, Chief Adebayo Adelabu. The primary has ended, but bringing the party together after a contest involving several interests is now part of the work ahead. That was evident at the unveiling, where party leaders repeatedly stressed the need for unity.

Oyo APC Chairman, Chief Moses Alake Adeyemo, called on party members to put their differences aside and work towards the 2027 election. “By the grace of God, come May 29, 2027, our governor and deputy governor will be Senator Sharafadeen Alli and Hon. Adesoji Adedeji,” he said.

Alli also called on his former opponents and their supporters to work with the party’s ticket. The task now goes beyond simply presenting the two candidates.

Alli and Adedeji will have to bring their different backgrounds together and show party members and voters across the state how they intend to work as a team.

Two Men, One Ticket
So, what exactly does the APC have in Alli and Adedeji?

It has a sitting senator with years of political experience and a younger running mate from a different part of the state. It has Ibadan and Ogo Oluwa. And it has two men with different professional and political backgrounds coming together on the same ticket. That is where the “2 for 1” description comes from.

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But a slogan is only one part of a political campaign. Alli and Adedeji will still have to explain what they want to do with the mandate they are seeking and how their plans would work across Oyo State. For now, the APC has made its choice.
The next stage is taking that ticket to the people.

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