News
Customers Raise Alarm Over Sterling Bank’s Alleged Charges, Delays and Deductions
By Reporter
Some customers of Sterling bank have cried out over what they described as “poor services, fraudulent deductions, harsh treatment, service delays, and misrepresentation of facts”, by officials of the bank.
In the last few years, Sterling Bank, one of the Holding Companies (Holdco), has faced legal actions and police investigations over alleged unauthorized or fraudulent deductions, including notable cases brought by individual employees and corporate clients. In one instance, the Nigeria Police Force indicted the bank and several executives over alleged money laundering and fraudulent deductions totaling millions of dollars following petitions by corporate customers like Miden Systems Ltd. Plaintiffs alleged unauthorized loan bookings, forged signatures, and blocked accounts.
Also, some of the workers have sued the bank at the High Court and National Industrial Court over ungranted or unsolicited salary loans that resulted in continuous, involuntary deductions from employee allowances and accounts.
But, in these legal proceedings, Sterling Bank’s legal teams filed defense amendments, contest the validity of the claims, or assert compliance with internal loan processing and credit recovery protocols.
Sterling Bank, prides itself as the “One-customer bank”. However, today, it is not only one customer but several of the bank’s customers complain about what they described as the bank’s “persistent deceit, illegal deductions from their accounts and misrepresentation of facts”, giving plethora of instances to back up their claims even as the bank has denied the allegations, stating that it did no wrong.
Sterling Bank started in 1960 as an investment and merchant banking institution named Nigeria Acceptances Limited (NAL), which became Nigeria’s first merchant bank in 1969. It later changed its name to NAL Merchant Bank Plc and listed on the Nigerian Stock Exchange as public Limited liability company. In 2006, NAL Bank merged with four other financial institutions (Magnum Trust Bank, NBM Bank, Trust Bank of Africa, and Indo-Nigeria Merchant Bank) to form Sterling Bank. It also acquired Equatorial Trust Bank (ETB) to expand its national market share and branch network. Recent restructuring led to the establishment of a holding company structure named Sterling Financial Holdings Company (Sterling HoldCo).
Speaking to our correspondent in Abuja at the weekend, a corporate account holder in the bank, Mrs. Obiageri Obiefule, stated that for a long time, customers have been at the mercy of the bank, which she claimed, on a regular basis debit them for all manner of reasons, some of which she said, were questionable and dubious including hidden charges.
According to her, “these charges amount to loss of millions of Naira to us, the bank customers to the effect that sterling bank declare trillions yearly as profit at the detriment of its customers who lacked the voice to complain.
“Even the regulatory agencies seem to be helpless in this situation as they have failed to address our several complaints”, she alleged.
Another customer, Marvelous Okoro also accused the bank of refusing to release her bank statement four months after she applied for it. She alleged that she had been witnessing withdrawal alerts on her account and had applied to the bank for statement of account to verify the transactions, but expressed concern over the bank’s refusal wondering what could be the reason. She said her fear was based on complaints by two of her friends who she alleged had similar experiences with the bank yet to refund the money deducted from their accounts.
“The trend of fraudulent activities including unwarranted deductions is becoming alarming and portrays the bank in bad light. Please help me appeal to them to release my bank statement to enable me verify my bank transaction details”, she pleaded.
Observers have expressed concern over several allegations of fraudulent practices being leveled against Sterling bank.
On 8th October, 2025, a group that called itself, Coalition of Civil Society Organizations Against Banks Fraudulent Practices and Customers Victimization, (CCSOABFFPCV), staged a peaceful protest at the Abuja headquarters of the Central Bank of Nigeria as well as in front of Sterling Bank, Abuja regional office.
At the apex bank’s office, the group submitted a petition, which was received by Mrs. Hakama Sidi Ali, the Acting Director, Corporate Communications, Central Bank of Nigeria.
The petition dated Monday 6th October, 2025, was addressed to Mr. Olayemi Cardoso, Governor, Central Bank of Nigeria, Abuja.
The protesters displayed placards with several inscriptions like; conspiracy;
forgery; criminal breach of trust; taking loan is not a crime; stop suffocating your customers; theft; make loan repayment transparent etc.
Comrade Flora Elekwa, Director, Mobilization and Advocacy of the CSO, told officials of the CBN and the Media that the trend of fraudulent activities occasioned by unwarranted deductions was becoming alarming and portrayed the Sterling bank in bad light.
The petition was signed by Comrade (Dr.) Sam Wisdom, National Coordinator; Comrade Flora Elekwa, Director, Mobilization and Advocacy; and Lady Cecilia Bisong, National Organizing Secretary.
“The street protest and advocacy match are aimed at drawing the attention of the government, regulatory authorities, and the general public to these unwholesome, illegal practices with a view to rectifying the situation” Mrs Elekwa said.
Particularly, the group faulted the manner Sterling Bank treats its customers and pleaded with the CBN as a supervisory government agency responsible for monitoring and supervision of all banks and financial institutions in Nigeria to immediately ask the management of Sterling bank to have a change of heart. The group specifically mentioned the case of Midden Systems Ltd, said to be a major customer of the bank but which allegedly lost over Two Hundred Million Dollars in its account to illegal deductions by officials of sterling bank.
Miden Systems Limited had in a petition to the Central Bank of Nigeria (CBN), the House of Representatives and the Inspector-General of Police (IGP) alleged that the bank through its Chief Executive Officer together with the Sterling bank’s Financial Holdings Company Plc and four others used its name to open various spurious accounts through which it allegedly syphoned the company’s funds domiciled with the bank up to the tune of over $200,000,000 (Two Hundred Million Dollars).
The Company, accused the bank of fraudulent accounting, mismanagement of contract proceeds, money laundering, unauthorized fund transfers, opening of fake bank accounts in the name of MIDEN Systems without authorization, and forgery of bank documents in clear violation of banking regulations.
“Funds were moved and misappropriated by the bank at reckless abandon with huge and massive spurious debits to the company’s account”, the company alleged in the petition.
The Company further stated that in line with standard bank practices and extant applicable laws, it continuously and consistently demanded for its statement of account which sterling bank refused to release.
Our Correspondent gathered that in June 2012, MIDEN Systems Ltd, an indigenous oil service firm, entered into a Term Loan/Vessel Finance Facility Agreement with Sterling Bank to enable Miden finance the acquisition of six Light Marine Vessels to be used in operation of the firm’s contract with SPDC.
Under the agreement, the Company contributed $7.3 million (30%) of vessel cost, while the Bank provided the sum of $17 Million dollars ($17,079,000.00) amounting to 70% as loan (via Letters of Credit) for the purchase of the vessels in Malaysia and Singapore. The Repayment plan was structured such that 70% of all contract proceeds from Shell Petroleum Development Company would be transferred, as Loan Repayment, to a Debt Servicing Repayment Accounts (“DSRA”) domiciled with Sterling Bank, while 30% would be reserved for the Company’s operational needs. The tenor of the loan was a 60 months duration (with 6 months moratorium) and billed to terminate by September 2017.
A Police Investigative Report of the activities of Sterling Bank dated 14 January 2025, (copy made available to us) uncovered series of grave banking malpractices committed by Sterling Bank between 2016 and 2024 with regards to the loan transaction.
According to the report, the bank has been misappropriating contract proceeds without rendering proper account statements to the customer. It said that several unauthorized payments were made from the customer account to unknown persons, including disclosed and undisclosed Sterling Bank customers.
“Despite multiple formal requests by the customer, Sterling bank refused to provide account statements thereby concealing transaction records (credit and debit notifications) and falsifying book entries.
“In addition, the bank failed to disclose the status of the loan liquidation process thereby creating financial opacity”, the Police report stated.
The police also said it discovered the creation of multiple fake accounts by the bank, including an unusual 20-digit account in the name of the company without authorization.
According to the report, “the Bank unlawfully consolidated the Customer Company’s account with the account of a different and distinct company, Chasewood Nigeria Limited, in order to fraudulently impose dubious and illegal debt obligations on the Company”.
It was found that Sterling Bank deliberately denied the Customer access to its 30% share of proceeds, thereby crippling the Company’s operations.
Between 2016 and 2024, Sterling Bank allegedly received more than $57 million in contract payments from SPDC and yet falsely claims the Company owes an additional $30 million Dollars to the Bank.
Further findings show that Sterling Bank received a total credit of One Hundred Million and Twenty-Two Thousand US dollars (USD122,768,041.69) in the domiciled account without rendering a proper account of the application and sources of funds to the customer contrary to CBN Rules & Regulations.
“The discoveries are shocking and sordid” An Insider source disclosed
The Police in the report said although Sterling Bank claimed that a $30 million loan was applied for, approved and disbursed in one day- 13th January 2017, the loan application did not emanate from the company. It accused the bank of forging the company’s lodgment of loan application and some documents relating to the loan including Account officer/branch review of loan application, credit committee approvals, customer’s board meeting/resolution. Etc.
“They purportedly fulfilled all terms and conditions for loan disbursement under one day and diverted the funds to private accounts operated by top officials of the bank”, the Police said.
Furthermore, the Police report indicates high level criminal conspiracy at the top management level of the bank to defraud the customer and conceal evidence. The bank unlawfully disbursed and failed to account for the sum of One Hundred and Twenty-Two Million dollars (USD122,768,041.69) admittedly credited to the Company’s account between 03/05/2016 and 19/07/2024.
The Bank also failed to apply the remittances in the sums of Fifty Seven Million US Dollars (USD57,301,865.56) and Six Billion, Nine Hundred and Seventy Million Naira (NGN6,972,548,982.39,) respectively, by SPDC between 2013 to 2020 towards reducing alleged debts but rather channeled the funds to unknown beneficiaries and accounts suspected to be operated by bank insiders and top officials.
According to the Police report, “ the bank falsified book entries on 13 January 2017 by pretending to credit the Company’s account with $30 Million US dollars when in fact there was no outstanding debt on the account.”
It sated that on 16th September 2017, the bank fraudulently transferred from the account the sum of USD28,302,140.59, under an unlawful scheme titled AA Loan Repayment – when there was no transaction linked to the account as well as other fraudulent transactions on 6th May 2016 and 27th August 2016.
Following the police findings, the matter was escalated to the House of Representatives Committee on Public Petitions, where the Nigeria Police Force submitted a report indicting Sterling Bank for alleged money laundering and mishandling of Miden Systems’ accounts.
To avoid further investigations and embarrassment by the Lawmakers, the Bank hurriedly approached the Federal High Court, sitting in Lagos, on 5th of February 2025, to seek a restraining order on the House of Representatives from further probe or investigation of Sterling Bank Limited and the Group Chief Executive Officer of Sterling Financial Holdings Company, Yemi Odubiyi pending the determination of the Motion on Notice.
At the resumed hearing of the case on April 30th 2025, the Court could not hear the matter but went on a prolonged adjournment raising concerns on the process.
Section 37(3) of the Cybercrimes (Prohibition and Prevention) Act 2015 explicitly criminalizes unauthorized debits by financial institutions.
Evidently, those familiar with the case said Sterling Bank’s actions, as outlined in the Police report, clearly violate this provision and Sections 18; 20, 24(1); 25 of the BOFIA, which prohibit fraudulent banking practices.
In separate interviews with our Correspondents, Legal experts and Consumer Advocacy group, Citizens Network for Consumer Rights, described the stunning revelations as a financial heist and called for the authorities to conduct a thorough and impartial investigation with a view to initiating possible criminal prosecution of those found culpable.
But the bank has consistently denied all fraudulent claims, describing both the publications and the protests at its branches as illegal attempts to disrupt its business operations.
With the above issue still pending, observers have wondered why the bank rather than amicably settle the matter, resorted to calling the Chief Executive of Miden Systems, Dr. Brenda Usoro unprintable names in a frantic bid to blackmail him before the public, a move one analyst described as “bank’s desperate bid to paint him in bad light”.
“Tell me, how can a man who brought million Dollar business to a bank but was robbed of his hard-earned money by the bank officials, be called by the same bank as a chronic debtor? That is laughable. I can only compare it to the proverbial case of the pot calling the kettle black”, said Chief James Ogene, a former Federal lawmaker and an Abuja based industrialist and estate developer.
“I have known Dr Usoro for the past 25 years and during this period we have done a number of businesses. He is trust worthy, honest, very reliable and sincere to a fault. If he tells you something, that is the way it is. Therefore, for someone to call him names in order to blackmail and tarnish his image, that person needs to examine himself or herself. I know the bank did that out of vengeance”, Chief Ogene added.
But the case of Miden Systems Limited is not the only albatross hanging on the neck of Sterling Bank and its officials. In August, 2025, lawyers representing one Olalekan Adejumo (not real name), a Lagos State resident, wrote to Sterling Bank, demanding an investigation and the immediate closure of a strange account the bank opened in their client’s name.
“My lawyers sent a letter to Sterling Bank yesterday, demanding an immediate closure of the strange account,” said Adejumo.
“You won’t believe that as we speak, the account is still very much active. It has not been closed by the bank.
“Despite all the efforts I personally made in getting Sterling Bank to close the account, it is still active.”
The lawyers also requested for a comprehensive report that would reveal the identity of the bank staff who were responsible for the opening of the account and how relevant account opening protocols and legal requirements, including the Know Your Customer (KYC) exercise, Bank Verification Number (BVN) validation and inclusion, and telephone number, and email address and National Identification Number (NIN) linkage, were bypassed before the account was opened.
Adejumo’s lawyers also demanded the unmasking of Legbeti Anuoluwapo, an individual who carried out a N5,000 transaction on the strange bank account, documents that were submitted for the account opening, an apology letter from Sterling Bank and confirmation that no loans, overdrafts and financial liabilities will be attached to the Lagos resident’s identity or BVN through the account.
Another allegation against the bank is delay in acting on customers’ requests.
One of such cases was that of a foreign-based Nigerian student who in 2022 almost lost her university admission with the threat of deportation after Sterling Bank delayed processing her tuition remittance. She was said to have initiated a Central Bank of Nigeria (CBN) Form ‘A’ transaction through Sterling Bank on August 10, 2022, to pay her school fees abroad. Nearly three months passed without the bank remitting the funds or providing a positive update despite multiple emails. With a tight deadline on October 27, 2022, she faced potential expulsion and deportation due to the unfulfilled payment.
In a Twitter thread shared @DasilvaOlamide, she wrote: “I’m at the verge of losing my admission and getting a deportation because of Sterling Bank. I initiated my Form A since 10th August. I have sent them several emails showing them that my school requires the payment or I will be deported, my deadline is tomorrow. HELP!
“Sterling bank has still not done anything, please help me keep retweeting and tagging. Today is the deadline or I will be deported. It’s not fair that I have paid since August 10th and the money hasn’t been remitted to my school”, she wrote.
Source: https://twitter.com/DasilvaOlamide/status/1585234028852318209?s=20&t=a00_kcj9Vv59B0-05p1USQ
That is not all. In November, 2017, Grant Properties Ltd accused Sterling Bank of illegally selling its collateral for an N8 billion loan, but the bank denied any wrongdoing.
According to the property development company, Sterling Bank excised 10 hectares of its land valued at N5 billion, from a 50-hectare collateral and illegally sold it for pittance to a front company belonging to a senior director of the bank.
Delivering judgement on the matter, a Lagos high court ruled that the collateral was illegally sold and ordered the bank to return the property to the company.
The business deal started in 2002 when Grant Properties secured a 50-hectare land in Lekki, Lagos state, to build “Victory Park Estate”.
Sterling Bank was expected to transfer, alongside the loan, every part of the land to AMCON, but it was discovered that the bank left out 10 hectares which it sold to a Real Estate Development (RED) Company — said to be a front for a very senior director of the bank.
Olajide Awosedo, chairman of Grant Properties, said in a chat with journalists that a non-executive director of Sterling Bank had called him “face to face, brought out a survey of 10 hectares of my land and said, ‘Sir, sell this portion of land to me, if you want N10bn from my bank. I will make sure you get it. I am the chairman of real estate finance of the bank”. He refused.
“They moved my loan to AMCON, but rather than transfer all my collateral with the loan, the bank (Sterling) withheld the 10 hectares its director had his eyes on and sold it to him through a surrogate company owned by the director and his associates,” Awosedo added.
He alleged that the director initially sold the land to his front company at N18,500/sq metre, amounting to N1.85b for the 10 hectares — a far cry from the market worth of N5 billion, according to him.
About 2.4 hectares from the land was immediate
News
“WIKE CANNOT CHOOSE A GOVERNOR FOR US!” — Group Rejects Alleged Rainbow Coalition Plot in Benue
The Benue Alliance for Good Governance and Accountability (BAGA) alleges secret political negotiations involving Wike, Akume and Ortom; insists Governor Alia should be allowed to complete two terms if re-elected.
BAGA has raised concerns over an alleged political arrangement involving prominent political figures, warning against any attempt to influence the outcome of the 2027 Benue State governorship election without the consent of voters.
In a statement signed by its President, Chief John Terfa, the group alleged that the Minister of the Federal Capital Territory (FCT), Nyesom Wike, was involved in discussions with the Secretary to the Government of the Federation (SGF), Senator George Akume, and former Benue State Governor Samuel Ortom over a proposed political alliance reportedly known as the “Rainbow Coalition”.
BAGA further alleged that Wike was seeking political control over five states under the Peoples Democratic Party (PDP) as part of the proposed arrangement to deliver President Bola Tinubu’s re-election in 2027, with Benue reportedly among the states being considered to hand over to Wike through the Rainbow Coalition.
The group also claimed that the alleged discussions were aimed at securing the emergence of former Attorney General of the Federation, Chief Mike Aondoakaa, as a preferred governorship candidate in Benue under the proposed coalition, despite Aondoakaa being banned from holding any political office for life by Supreme Court, due to unprecedented corruption and abuse of office when he was the Attorney General.
BAGA questioned why political actors from outside Benue should have a decisive influence over who governs the state, arguing that the choice of governor must remain with the electorate.
“Benue is not a political commodity to be traded behind closed doors in Abuja. The people of the state must have the final say on who governs them and the direction their state takes,” the group said.
The organisation alleged that Wike had held a series of meetings with Akume and Ortom in recent weeks to discuss the reported arrangement.
It further claimed that tensions arose during one of the alleged meetings at Akume’s residence in Abuja recently, where Wike was said to have questioned why Akume had allowed Governor Hyacinth Alia to become so politically powerful.
It was alleged that Wike demanded that Akume should make sure Governor Alia is not re-elected or declared winner in 2027 whether he wins or not and boast of having the judiciary under his control.
BAGA rejected what it described as an attempt to determine Benue’s political leadership through negotiations among powerful individuals, insisting that Governor Hyacinth Alia should be allowed to complete his constitutionally permitted tenure, if re-elected in 2027.
The group said it believed Alia’s administration was performing well in governance and development, adding that political alliances should not be used to undermine the democratic choices of the electorate.
It also criticised the record of Ortom’s administration and expressed concern about what it described as divisions within Benue’s political space arising from the influence of powerful political interests within and outside the state.
BAGA argued that any coalition seeking to influence the 2027 election should be based on transparent principles, competence, accountability and the interests of the people, rather than personal ambition or political bargaining in Abuja.
The group also challenged political actors seeking the support of President Bola Ahmed Tinubu to pursue their ambitions without attaching conditions that could compromise the democratic choices of the voters.
“Benue people are politically conscious. They will not surrender their future to a coalition of political interests formed without their consent,” the statement said.
The organisation called on voters, civil society groups and political stakeholders to remain vigilant and defend the state’s democratic rights ahead of the 2027 elections.
“Whatever colour it is given; Rainbow, PDP or otherwise, the people will reject any arrangement that threatens their collective interests and development,” BAGA said.
“Benue is not Rivers and we will not allow Wike from Rivers State to choose a governor for us in Benue State,” the group added.
According to BAGA, the central issue is whether political negotiations in Abuja will respect the right of Benue voters to determine their own leadership.
The group maintains that the state’s governorship should not be decided through private agreements among political power brokers, but through a democratic process in which the people have the final say.
News
2027: Group Defends INEC, Urges Evidence-Based Scrutiny of Staff Redeployments
The Coalition of Civil Society Organisations Against Corruption (COCSOAC) and 33 partner civil society organisations have expressed confidence in the Independent National Electoral Commission (INEC), urging Nigerians to treat recent reports concerning the commission with caution and rely only on verified facts.
The coalition, in a statement signed and issued in Abuja on Tuesday by its President, Bola Ademola, and National Secretary, Comrade Abdulfatah Aliyu, the group said while INEC must be held accountable where necessary, criticisms of the electoral body should be based on credible evidence, due process and an opportunity for affected parties to respond.
COCSOAC was reacting to an online publication alleging questionable staff redeployments within INEC, including the reported reassignment of a Northern director and the deployment of South-West officials to key departments.
The coalition said it had not independently verified the alleged redeployments or the motives behind them, warning that claims of political interference or ethnic favouritism should therefore not be treated as established facts.
“Assuming without conceding that the redeployments occurred as reported, staff reassignment is a recognised administrative practice that may serve legitimate purposes, including operational efficiency, professional development and improved management,” the group said.
It maintained that the geographical origin or family associations of an INEC official could not, on their own, establish bias or an intention to manipulate elections.
According to the coalition, the more important questions should be whether the decisions complied with applicable rules, received proper authorisation and were based on legitimate administrative considerations.
COCSOAC consequently urged INEC to clarify the circumstances surrounding the reported redeployments where necessary, while appealing to the media and civil society organisations to avoid drawing premature conclusions from unverified reports.
The group also congratulated INEC Secretary, Dr Rose Oriaran Anthony, on her turbaning, describing institutional experience, diligence and administrative continuity as important factors in the management of elections.
It appealed to President Bola Ahmed Tinubu to consider Oriaran Anthony for reappointment as INEC Secretary when her tenure expires, subject to applicable laws and established appointment procedures.
COCSOAC said its appeal was not a demand for an appointment outside the law but was based on the need to preserve institutional knowledge and strengthen coordination ahead of the 2027 general elections.
“Where an experienced incumbent has demonstrated the requisite commitment and competence, continuity may help preserve institutional knowledge, strengthen coordination and support preparations for peaceful, credible and well-organised elections,” the coalition said.
It, however, stressed that any decision on the matter must be guided by legality, INEC’s independence and the integrity of the electoral process.
The coalition called on political actors, civil society organisations, the media and other stakeholders to protect public confidence in Nigeria’s electoral institutions through evidence-based engagement, transparency and respect for due process.
It said its position was not that INEC should be shielded from scrutiny, but that allegations against the commission must be verified and affected institutions given a fair opportunity to respond.
“As the nation approaches another critical electoral cycle, accountability, institutional stability and the rule of law must remain central to the collective pursuit of credible elections,” COCSOAC said.
News
Intelligentsia Machinery Celebrates Seyi Tinubu, Hails Contributions to Enterprise, Philanthropy, Youth Empowerment
The Intelligentsia Machinery (IM) has congratulated Seyi Tinubu on his birthday, celebrating his contributions to enterprise development, humanitarian service, youth empowerment and national engagement.
The organisation, in a congratulatory message signed by Omoba Kenneth Aigbegbele and Com Umar Farouk on behalf of its resource persons, members and senior executives, described the birthday as an opportunity to reflect on Tinubu’s personal journey, professional accomplishments, philanthropic engagements and responsibilities associated with influence and public visibility.
The organisation celebrated Tinubu as an entrepreneur, philanthropist and advocate of youth empowerment, noting that his public profile encompasses private-sector enterprise, legal training, humanitarian interventions and initiatives aimed at expanding opportunities for young Nigerians.
According to the statement, the birthday provides an appropriate moment to acknowledge the different dimensions of his public profile while encouraging the continued expansion of programmes capable of delivering measurable and sustainable benefits to Nigerians.
“Today, we celebrate not merely another year in your life but also an opportunity to reflect on your personal journey, professional accomplishments, humanitarian engagements, and the responsibilities that accompany influence, privilege, and public visibility in a developing nation such as Nigeria,” the statement said.
Education, Enterprise and Personal Development
The organisation highlighted Tinubu’s educational background, noting that he studied Business Administration at the University of Maryland in the United States and Law at the University of Buckingham in the United Kingdom before being called to the Nigerian Bar in 2013.
It said the educational experiences provided an important context for understanding his subsequent involvement in business, entrepreneurship and public engagement, adding that his professional journey reflected the intersection of business knowledge, legal training, strategic thinking and opportunities within Nigeria’s evolving private sector.
The statement also recognised his role as Chief Executive of Loatsad Promomedia, where he has been associated with Nigeria’s out-of-home advertising industry.
According to IM, the sector connects businesses, brands, consumers and the wider commercial environment, while private enterprise remains important to Nigeria’s economic development.
It noted that businesses could contribute to employment, innovation, professional development and opportunities for young people through investments in talent, new ideas and sustainable operations.
The organisation therefore encouraged Tinubu to continue pursuing enterprise that advances commercial objectives while contributing to skills development, responsible business practices and the growth of Nigeria’s creative and entrepreneurial economy.
Philanthropy and the Responsibility to Give Back
On philanthropy, the organisation acknowledged Tinubu’s association with the Noella Foundation and other humanitarian engagements, noting that publicly reported activities linked to his philanthropic work had included healthcare support, assistance to vulnerable communities and initiatives intended to improve access to opportunities for young Nigerians.
It said the interventions underscored the importance of social responsibility and demonstrated how influence could be used to address the practical needs of individuals and communities.
The statement observed that Nigeria continued to face challenges relating to poverty, access to healthcare, educational opportunities and economic inclusion.
It added that partnerships among philanthropic organisations, businesses, community groups and public institutions could complement wider development efforts.
IM specifically acknowledged reports of healthcare interventions associated with Tinubu’s philanthropic activities, including the Drug Banks for Indigent Patients initiative launched at Ahmadu Bello University Teaching Hospital in Kaduna State in August 2024.
It also recognised public accounts of humanitarian assistance provided to communities affected by flooding in Borno State in 2024.
According to the organisation, such interventions demonstrated the importance of responding to the needs of vulnerable people, particularly during periods of displacement, hardship and uncertainty.
The organisation encouraged the continued strengthening of these humanitarian efforts through transparent implementation, broad access, measurable outcomes and sustained attention to community development.
It stated that the true significance of philanthropy lay not simply in the resources committed but also in the dignity restored, opportunities created and improvements sustained in the lives of beneficiaries.
The statement added that these outcomes reflected the importance of maintaining a commitment to the common good.
Youth Empowerment and the Future of Nigeria
The organisation also identified Tinubu’s engagements with youth-focused initiatives as an important dimension of his public profile.
It noted that Nigeria had an energetic and ambitious young population whose potential could be strengthened through quality education, vocational training, mentorship, entrepreneurship, digital skills and access to productive opportunities.
However, it stressed that ambition alone was insufficient, explaining that young people also needed supportive institutions, access to finance, professional guidance, practical experience and an economic environment in which hard work and creativity could translate into meaningful progress.
The statement highlighted Tinubu’s association and initiative with the Seyi Tinubu Empowerment Project (STEP), describing it as part of the focus on youth empowerment and entrepreneurial development.
IM expressed the belief that initiatives of this nature could make a more enduring contribution through structured programmes that equip beneficiaries with practical skills, business knowledge, mentorship and opportunities for sustainable livelihoods.
The organisation encouraged the continued expansion of youth-centred programmes capable of reaching young Nigerians across different regions, backgrounds and economic circumstances.
It said its aspiration was to see a generation of young Nigerians who were not merely beneficiaries of assistance but also employers, innovators, responsible citizens, community leaders and contributors to national development.
The statement further attributed Tinubu’s public profile to various initiatives and philanthropic activities which, according to the organisation, had impacted lives and created far-reaching and enduring legacies.
Leadership, Influence and Public Responsibility
On leadership and public responsibility, IM noted that public visibility brought both opportunities and responsibilities, particularly for individuals whose activities attracted national attention.
It said the challenge was to ensure that influence contributed constructively to society and that public engagements remained connected to the expectations and concerns of ordinary citizens.
The organisation observed that Tinubu’s public profile had developed within the context of business, philanthropy, family prominence and increasing public interest in the role of young Nigerians in national affairs.
It also credited him with supporting and promoting youth participation in governance under the present administration, describing the development as significant in the country’s political history.
The statement, however, acknowledged that public assessments of influential figures could differ, stressing that meaningful public confidence was strengthened through openness, accountability, constructive engagement and demonstrable results.
IM therefore regarded the birthday as an opportunity to encourage continued investment in programmes that promote social inclusion, entrepreneurship, humanitarian assistance and the participation of young people in addressing Nigeria’s development challenges.
It expressed the hope that Tinubu would continue to demonstrate the enduring value of these commitments through initiatives whose outcomes could be assessed by the people and communities they were intended to serve.
The organisation wished him more glorious days ahead in his service to the nation and humanity.
Bridging Opportunities and Social Impact
The statement emphasised that Nigeria’s development required collaboration among government institutions, the private sector, civil society organisations, philanthropists, professional bodies and young people.
It noted that no single individual or institution could resolve the country’s numerous social and economic challenges alone, adding that progress depended on partnerships that combined resources, expertise, innovation and a shared commitment to the public good.
According to IM, the relationship between entrepreneurship and social impact remained important because commercial success could create opportunities, while responsible philanthropy could help address urgent social needs.
It added that when these efforts were supported by transparent processes and a commitment to measurable results, their benefits could extend beyond individual beneficiaries to families and communities.
The organisation also acknowledged what it described as the present administration’s commitment to such processes, while encouraging Tinubu to continue building partnerships that strengthen educational opportunities, improve access to healthcare, support emerging entrepreneurs and promote constructive engagement among young Nigerians.
It further expressed the hope that his future engagements would reflect an appreciation of Nigeria’s diversity and the importance of extending opportunities fairly across geographical, social and economic boundaries.
The statement described this as a key focus and direction of his engagements.
Birthday Wishes and Renewed Purpose
As Tinubu marks another year, the organisation said birthdays provided opportunities for celebration, gratitude, reflection and renewed purpose.
It expressed the hope that the new year would bring him good health, wisdom, peace, renewed determination and greater opportunities to contribute positively to society.
The organisation also wished that his professional pursuits would continue to create value, his humanitarian engagements would reach more people in need, and his youth-focused initiatives would help more Nigerians develop the skills and confidence required to build productive futures.
It encouraged him to remain open to constructive dialogue, embrace accountability and sustain a commitment to initiatives whose benefits could be clearly demonstrated in the lives of ordinary Nigerians.
For the Intelligentsia Machinery, the statement said, the birthday celebration was an occasion to extend goodwill and reaffirm the importance of enterprise, humanitarian service, youth development and responsible public engagement in building a more inclusive and prosperous Nigeria where every life matters.
Describing Tinubu as a leader and mentor, the organisation characterised him as an audacious and kind-hearted individual whose love for humanity knew no bounds.
It wished him a fulfilling new year of life marked by good health, sound judgement, personal happiness, professional progress and meaningful accomplishments.
The organisation further expressed the hope that the years ahead would provide greater opportunities for him to expand his contributions to healthcare, education, entrepreneurship, youth empowerment and community development.
It also prayed that his journey would continue to be guided by a commitment to service, a willingness to learn and a determination to translate opportunities into lasting value for society.
The statement concluded with birthday wishes to Tinubu, expressing hopes for long life, good health, greater wisdom and many more years of purposeful achievement.
“Once again, the Resource Persons, Members, and Senior Executives of the Intelligentsia Machinery (IM) warmly congratulate you on your birthday anniversary,” the statement said.
The message was signed by Omoba Kenneth Aigbegbele and Com Umar Farouk on behalf of the resource persons, members and senior executives of the Intelligentsia Machinery.
-
Uncategorized6 years agoFG, states urged to harness flooding for ranching, others with technology – Agbaje
-
Headlines11 years agoBreaking: EFCC seals Borno House of Assembly, as Hon members take to their heels
-
News12 years agoNigeria Security Operatives Stage Manhunt For Homosexual Perpetrator
-
News10 years agoHow 21-year-old Girl fled community over accusation of lesbianism
-
News11 years agoYobe Gov Moves Against Deputy
-
Opinion7 years ago7 signs she has friend zoned you
-
Technology5 years ago
Online job placement company headhunts women
-
Headlines10 years agoBorno Dep Gov Abducts Another Church Leader
