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THEWILL picks CBN Governor, Emefiele, 2021 Person of The Year

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The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, had been named by THEWILL NEWSPAPER as its Person of the Year for 2021.

The announcement was made on the double cover stories of newspaper’s christmas edition, captioned, “Emefiele: Passionate Central Banker in Turbulent Times” and “Godwin Emefiele: Revolutionary Banker That Walks His Talk,” which is currently available on newsstands nationwide.

The announcement is also on the Newspaper’s multiple digital channels as well as on international newspaper digital publishing platforms, Issuu and Pressreader.

THEWILL Newspaper also gave an insight on how Emefiele, 10th indigenous CBN Governor was chosen.

The Newspaper said: “Since he first assumed office on June 4, 2014, Mr. Godwin Ifeanyichukwu Emefiele, Nigeria’s 10th indigenous Central Bank Governor, has been in the eye of the storm over the apex bank’s monetary policies. 
 
“The reason is simple. There is an organic relationship between the Central Bank and the economy of a nation; the bank’s policies have far-reaching implications on the people’s wealth-creating abilities and standard of living. It is therefore a matter, of course, that Emefiele is a household name to different people for different reasons.
 
“At one time, he was applauded by proponents of the bank’s policy initiatives. At the other, he was lambasted by critics for what they perceive as deliberate moves to worsen an already bad situation. But this passionate Central Banker has been consistent in his actions, which underlies the fact that he means well for the nation and the economy with his boundless belief in people-oriented policies. 
 
“Unarguably, Emefiele’s coming on board as CBN Governor first in June 2014 and his re-appointment in June 2019, brought hope and calm to an economy that witnessed two recessions and suffered the scourge of the COVID-19 pandemic under his watch.”

“Upon his first appointment, Emefiele unveiled his 10-point agenda, which spelt out, unambiguously, his plan to make the CBN more people-focused.
 
“He left no one in doubt as to the priority of his policy thrust – development finance, to create jobs and attain financial stability. He said he was committed to creating “a Central Bank that is professional, apolitical and people-focused,” which “spends its energies on building a resilient financial system that can serve the growth and development needs of our beloved country.”
 
“He has not relented efforts at ensuring economic growth and financial stability through strategic policies that impact meaningfully on the economy. Data from the bank’s Corporate Communications Department, headed by Osita Nwanisobi, a Director, showed that the bank’s development finance interventions have created over 7 million jobs. Nwanisobi said the CBN intervention programmes, introduced under the leadership of Emefiele, were born out of a market failure and other critical issues within the nation’s economic space.
 
“Overlooking scathing criticism from some analysts, who argued that the CBN governor had acquired renewed energy to push the bank beyond its monetary policy mandate by delving into issues beyond what the CBN Act (2007) provided, Emefiele and his team remained committed to the patriotic goal of ensuring economic stability through the bank’s several intervention programmes.
 
“Currently, the CBN has 37 intervention funds targeted at stimulating the economy and addressing the issue of unemployment.”
 
THEWILL, however, maintained that though this may not be understood and appreciated by those Emefiele’s policies do not favour, “The real test of individuals in positions of authority anywhere in the world – whether presidents or prime ministers, heads of corporations or educational institutions – is not how much of a smooth ride they had while in office but in surmounting the rough patches along the way.”
 
THEWILL added: “Godwin Ifeanyi Emefiele has had more than his fair share of both natural and man-made problems as CBN governor in the last couple of years. Has he survived it? A resounding yes is the answer from THEWILL, which is why today, we give him a standing ovation by naming him our Person of the Year.”
 
Emefiele, fondly called Meffi by his close friends, was born on August 4, 1961 in Lagos, though his parents are from Agbor in Delta State who lived and worked in the littoral state. He began his primary and secondary education in Lagos and then found himself in an out-of-state school for his degree programme at the University of Nigeria, Nsukka in Enugu State. 
 
His meeting with Jim Ovia afterwards and eventually taking up an appointment with Zenith Bank is the kind of success story heads of departments of B and F plump for and routinely recount to their wards in business schools. In other words, the success story of Zenith will never be complete without the prominent role Emefiele played in it. And, as anyone would imagine, success stories never hide, they are in plain sight to see. 

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Personality

Peter Obi Mourns Prof. Humphrey Nwosu, describes him as a “True Democrat”

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Former Presidential candidate of the Labour Party in the 2023 general elections in Nigeria, Peter Obi has expressed deep sorrow over the passing of Professor Humphrey Nwosu, former Chairman of the National Electoral Commission (NEC).
Obi described him as a “true democrat” and a pillar of Nigeria’s democratic history.

In a heartfelt statement, while writing on his X-Handle, Obi described Nwosu as an outstanding academic and a courageous defender of democratic principles, particularly during his tenure as NEC Chairman from 1989 to 1993.
Obi emphasized Prof. Nwosu’s pivotal role in organizing and upholding the 1993 presidential elections, a process widely regarded as one of the fairest in Nigeria’s history.
“For his role in that election, Prof. Nwosu’s name will remain indelible in the history of Nigerian democracy,” Obi said.

The former Anambra State governor however lamented the state of Nigeria’s current electoral process, noting that despite the resources and technology now available, the integrity and commitment to democracy exhibited by Nwosu under less favorable conditions have not been replicated.
Obi praised Nwosu for his adherence to truth and electoral transparency, contrasting it with the current challenges in Nigeria’s democratic system.

“Unlike today, when professors are sometimes procured to aid electoral malpractice, Prof. Nwosu applied the principles he taught as an erudite professor of Political Science, conducting an election that remains a benchmark for integrity,” Obi said.

Obi called for more leaders like Nwosu, who he described as willing to risk their lives for the sake of democracy.
He also prayed for God’s forgiveness for Nwosu’s shortcomings and for strength for his family and all those mourning him.

“May God Almighty grant Nigeria the likes of Professor Humphrey Nwosu in future elections,” Obi concluded, reaffirming his belief that a new and better Nigeria is possible.

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Ododo Expresses grief over the Passing of Akwa Ibom First Lady, Patience Umo Eno

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Patience Umo Eno

Governor Ahmed Usman Ododo of Kogi State has extended his heartfelt condolences to the government and people of Akwa Ibom State following the tragic death of Mrs. Patience Umo Eno, wife of Governor Umo Eno, who passed away on Thursday.

In his message, Governor Ododo expressed deep sorrow and noted the pivotal role Mrs. Umo Eno played in supporting her husband’s administration.
Special Adviser on Media to the Governor, Ismaila Isah in a statement quoted him to have highlighted her dedication as a loving wife, mother, and grandmother, whose numerous charitable initiatives, particularly her work with women and the less privileged, made a lasting impact on the lives of many in Akwa Ibom.

Governor Ododo prayed for the peaceful repose of her soul and offered his deepest sympathies to the bereaved family, as well as the people of Akwa Ibom State, as they mourn this immense loss.

Mrs. Patience Umo Eno passed away at the age of 57 after a brief illness.

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GBC-Reanda climbs up the ladder in Accounting firms’ rating in Nigeria

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Mrs Abimbola Alao ACA Manager, Audit&Assurance, Mr Ayoade Apelegan ACA, Manager, Consulting, Mrs Damilola Akindele ACA, Principal Manager, Sir Gbenga Badejo FCA ,KJW Managing Partner and Mr Emmanuel Ogiaga FCA , Engagement Partner,GBC-Reanda International.

The prestigious International Accounting Bulletin (AIB) in its recent 2024 Country Survey of Accounting firms in Nigeria has rated GBC-Reanda as the 11th local Accounting firm in Nigeria.

In its previous year’s rating, the organization was ranked 16th. This year’s improved ranking is a demostration of GBC-Reanda’s steadfast dedication to providing outstanding services and exceeding client expectations.

Mrs Damilola Akindele ACA, Principal Manager, Mr Emmanuel Ogiaga FCA , Engagement Partner, Sir Gbenga Badejo FCA ,KJW Managing Partner and
Mrs Abimbola Alao ACA Manager, Audit&Assurance, GBC-Reanda International.


The ranking process started with the Bulletin’s invitation of Accounting firms in Nigeria to present their organizations and evidence of their compliance with best global practice in Accounting profession an assessment which was in conformity with IAB World Survey data.

According to the publication “We are delighted to share that your firm climbed up to rank 11th in Nigeria, according to the 2024 Nigeria Survey of IAB. Congratulations”

GBC, now GBC-Reanda International, was established in 1996 and has continued to provide qualitative value added services to its diverse, ever growing clientele in different sectors of the economy. The firm is endowed with highly competent and experienced professionals with a wide exposure to all aspects of Accounting, Financial Management and General Business Administration.

According to Managing Pattner of the firm, Sir Gbenga Badejo, FCA, KJW, “we are a composite one stop professional & consulting firm providing Professional Services, Business Consulting & Financial Advisory Services to clients in various sectors of the economy. The firm is principally driven by sound professional and business principles geared towards providing value added services through highly experienced and well-trained professionals.”

He revealed that in the firm’s over 28 years of existence, over 250 Accounting Professionals have been trained, who are all out in various Sectors to add value within the Consulting and Accounting chain of the Global economy.

Sir Gbenga Badejo sees a better future of impact and value in the organization’s continuous drive towards professional excellence.

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