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Emotions Pour as Dignitaries Eulogise Late Herbert Wigwe

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Profile of Herbert Wigwe

By Adedapo Adesanya 

It was an emotional rollercoaster at the tribute event held on Monday night to celebrate the late group chief executive of Access Holdings Plc, Mr Herbert Wigwe.

Dignitaries from government, corporate organisations, and royalty paid tribute to the late titan who died alongside his wife, son, and a former group chairman of the Nigerian Exchange (NGX) Group Plc, Mr Abimbola Ogunbajo, on February 9 in the United States.

The event which was monitored by Business Post was divided into six segments – Young Hebert, the banker, the entrepreneur, the CEO, the builder and the ambassador.

These personalities relished adventurous and courageous stories from Wigwe’s early childhood and later his successful sojourn and success stories from GTBank and later the acquisition of Access Bank.

A friend of the deceased, Mr Aliko Dangote, was in tears as well as Mr Aigboje Aig-Imoukhuede, his long-term business partner and co-founder of Access Bank and Mr Femi Otedola, in an emotion-laden voice, also expressed the qualities of Mr Wigwe.

Governor Dapo Abiodun of Ogun, who first spoke for the governors reiterated his encounter with the late banker.

“It is a tough season for all of us,” Mr Abiodun said, noting that “words were not enough to describe how larger than life Wigwe was as he achieved so much within a short lifetime.”

“Herbert was loyal to his friends, way ahead of his time ever forward-looking,” he stated.

He said Mr Wigwe believed in the country Nigeria, and he was patriotic, adding that he met him about 30 years ago and thanked Wigwe for believing in him and being supportive of his programmes and projects.

He also said the projects included Gateway International Airport and the Epe/Ijebu-Ode Road projects, among others.

He described Mr Wigwe as a bridge builder, selfless, bold and courageous. He said it still felt like a bad dream that Herbert was gone, saying he was happy he honoured the invitation to see Mr Wigwe’s new home.

He disclosed that Mr Wigwe had a street named after him in Beirut, the capital of Lebanon saying, “he lived more than a life in one lifetime.

In an unprepared speech, Governor Babajide Sanwo-Olu of Lagos narrated his last conversation with Wigwe on Thursday, February 8, where lofty ideas were discussed.

“This was the last conversation that I will keep on my phone for a long time,” he said.

He promised to immortalise the late founder of Access Bank, Dr Herbert Wigwe, who was born at the Island Maternity Hospital in the state.

He said that Wigwe was a man who always had good stories and supported several projects of his administration driving him to take up new challenges.

“Herbert was one of the very first people that supported my ambition generously,” he added.

He said it was unbelievable how a man could give so much, including his words of encouragement. Sanwo-Olu revealed how Wigwe collaborated with other partners to cushion the effects of COVID-19 during the dreaded global pandemic.

“Herbert led from the front, encouraged and stood with the state government. I have indeed lost a big friend,” he added.

He said Mr Wigwe and Mr Aigboje Aig-Imoukhuede, the former group managing director of Access Bank, took a trip with him to Cairo to pursue visions of Lagos.

He also said Mr Wigwe had a special history of Isale Eko, and Lagos would immortalise him, haven being born in Island Maternity Hospital.

He said if places of birth mattered, Mr Wigwe should be of Isale Eko origin, noting, “Herbert has transcended beyond borders.

“Lagos will not forget Herbert Wigwe. We will support the family,” he said.

The Minister of Finance, Mr Wale Edun, narrated Mr Wigwe’s contributions to sports and various sectors, including supporting his personal and family visions.

“Herbert gave me his time and thinking, what I valued most; the man is never short of ideas,” he noted.

Mr Olayemi Cardoso, the Governor of the Central Bank of Nigeria(CBN), lauded Mr Wigwe’s hard work, broad knowledge base and role in shaping banking reforms further.

He said that Mr Wigwe’s commitment to reform and his genuine concern for the well-being of Nigerians garnered significant recognition.

The CBN Governor said he and the deceased recently discussed the way out of the country’s economic impasse, adding that the banker’s demise had left a vacuum in the banking sector and the economy.

On his part, the former CBN Governor, Mr Lamido Sanusi, emphasised the immense value of Wigwe’s contributions and the challenges that could arise in finding a suitable replacement.

Mr Sanusi recognised Mr Wigwe’s influence and the long-lasting imprint of his work, saying that further solidified the remarkable nature of his contributions.

For Mr Ibrahim Dankwambo, the former Senator for Gombe North and former governor of Gombe State, eulogised saying “from Him we come, to Him we shall return” and reeled out good times with the late founder, saying he was handed over to him as a brother by his father.

Mr Dankwambo, a former Accountant-General of the Federation, shared hilarious moments and described Mr Wigwe as a detribalised Nigerian.

Tributes of President Bola Tinubu, former President Olusegun Obasanjo, President Emmanuel Macron of France, and former US President Bill Clinton were read at the event.

Also, friends, associations, professional colleagues, Access Bank management from Nigeria, Ghana, and the UK as well as staff took turns to eulogise the patriotism, friendship, and mentorship qualities of Wigwe.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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Rivers Speaker, 15 Other Lawmakers Leave PDP for APC

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rivers speaker Martin Amaewhule defect

By Modupe Gbadeyanka

The Speaker of the Rivers State House of Assembly, Mr Martin Amaewhule, has defected to the All Progressives Congress (APC).

At the plenary on Friday, Mr Amaewhule joined the ruling party from the opposition Peoples Democratic Party (PDP), along with 15 other members of the state parliament.

This development comes some months after they had earlier declared their support for the APC in the wake of a crisis with the state governor, Mr Sim Fubura.

The lawmakers had an issue with Mr Fubura, which led to a state of emergency declared on the oil-rich state by President Bola Tinubu in March 2025.

This embargo was only lift in September 2025 after the duration of the six-month emergency rule in the state.

A few days ago, members of the Rivers Assembly passed a vote of confidence on President Tinubu, backing him to remain in office till 2031, when he would have spent eight years in office if re-elected in 2027.

Announcing their defection today, the lawmakers pinned their decision on the crisis rocking the PDP at the national level.

It is not certain if their political godfather, Mr Nyesom Wike, who is the current Minister of the Federal Capital Territory (FCT), will join them in APC.

Mr Wike, who governed Rivers State from 2015 to 2023, has been accused of instigating the crisis in the opposition PDP. He was expelled from the party last month at a national convention held in Ibadan, Oyo State.

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Nigeria Risks Brain Drain in Energy Sector—PENGASSAN

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energy sector

By Adedapo Adesanya

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has warned that Nigeria risks massive brain drain in the oil and gas sector due to poor remuneration.

The president of PENGASSAN, Mr Festus Osifo, said at the end of the National Executive Council (NEC) meeting of the union on Thursday in Abuja that the industry was facing challenges arising from Naira devaluation and inflation, noting that, oil and gas skills remained globally competitive.

Painting an example, he said, “A drilling engineer in Nigeria does the same job as one in the US or Abu Dhabi,” noting that the union must take steps to bridge the wage gap to prevent members from leaving the country for better opportunities abroad.

“If we don’t act, the brain drain seen in other sectors will be child’s play,” he said.

According to him, PENGASSAN has recorded significant gains through collective bargaining across oil and gas branches.

“We signed numerous agreements across government agencies, IOCs, service and marketing sectors,” he said.

He said the agreements brought relief to members facing rising costs of living, adding that, the association’s duty is to protect members’ jobs and enhance their pay.

Mr Osifo urged companies delaying salary reviews and those foot-dragging as a result of the prevailing economic realities, to do the needful.

He said the industry employed some of the nation’s best talents, making competitive pay critical to retaining skilled workers.

“This industry recruits the best. Companies must provide the best conditions,” he said.

On insecurity, Mr Osifo urged government to take decisive action against terrorism and kidnappings across the country.

“We are tired of condemnations. government must expose sponsors and protect citizens,” he said.

He urged government at all levels to prioritise tackling insecurity through better funding and equipment for security agencies.

Mr Osifo said PENGASSAN supported calls for state police to improve local security response, adding that decentralising policing will protect citizens better than rhetoric.

He also said economic indicators meant little, if food prices remained high and farmers could not return to farms due to insecurity.

“Nigerians want to see food on the table, not macroeconomic figures,” he said, urging the government to coordinate fiscal and monetary policies to ensure economic gains reach households.

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Bill Seeking Creation of Unified Emergency Number Passes Second Reading

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Unified Emergency Number

By Adedapo Adesanya

Nigeria’s crisis-response bill seeking to establish a single, toll-free, three-digit emergency number for nationwide use passed for second reading in the Senate this week.

Sponsored by Mr Abdulaziz Musa Yar’adua, the proposed legislation aims to replace the country’s chaotic patchwork of emergency lines with a unified code—112—that citizens can dial for police, fire, medical, rescue and other life-threatening situations.

Lawmakers said the reform is urgently needed to address delays, miscommunication and avoidable deaths linked to Nigeria’s fragmented response system amid rising insecurity.

Leading debate, Mr Yar’adua said Nigeria has outgrown the “operational disorder” caused by multiple emergency numbers in Lagos, Abuja, Ogun and other states for ambulance services, police intervention, fire incidents, domestic violence, child abuse and other crises.

He said, “This bill seeks to provide for a nationwide toll-free emergency number that will aid the implementation of a national system of reporting emergencies.

“The presence of multiple emergency numbers in Nigeria has been identified as an impediment to getting accelerated emergency response.”

Mr Yar’adua noted that the reform would bring Nigeria in line with global best practices, citing the United States, United Kingdom and India, countries where a single emergency line has improved coordination, enhanced location tracking and strengthened first responders’ efficiency.

With an estimated 90 per cent of Nigerians owning mobile phones, he said the unified number would significantly widen public access to emergency services.

Under the bill, all calls and text messages would be routed to the nearest public safety answering point or control room.

He urged the Senate to fast-track the bill’s passage, stressing the need for close collaboration with the Nigerian Communications Commission (NCC), relevant agencies and telecom operators to ensure nationwide coverage.

Senator Ali Ndume described the reform as “timely and very, very important,” warning that the absence of a reliable reporting channel has worsened Nigeria’s security vulnerabilities.

“One of the challenges we are having during this heightened insecurity is lack of proper or effective communication with the affected agencies,” Ndume said.

“If we do this, we are enhancing and contributing to solving the security challenges and other related criminalities we are facing,” he added.

Also speaking in support, Senator Mohammed Tahir Monguno said a centralised emergency number would remove barriers to citizen reporting and strengthen public involvement in security management.

He said, “Our security community is always calling on the general public to report what they see.

“There is a need for government to create an avenue where the public can report what they see without any hindrance. The bill would give strength and muscular expression to national calls for vigilance.”

The bill was referred to the Senate Committee on Communications for further legislative work and is expected to be returned for final consideration within four weeks.

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