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Jim Ovia : From a clerk to founder of Nigeria’s most profitable bank, celebrating his 71st birthday Recently
..,.Here’s a brief profile of the billionaire octogenarian
Jim Ovia, once named by Forbes as one of the 50 richest people in Africa, is a year older today. As expected, accolades have poured in to celebrate him, including one from President Muhammadu Buhari and other notable Nigerians. President Buhari called him a “beloved citizen” and praised him for his immense contributions to the Nigerian economy.
About Jim Ovia
Few men possess the leadership qualities that make them worthy to be called successful businessmen and philanthropists. But Jim Ovia is remarkably different.
Jim James Ovia, CFR CON, was on the 4th of November 1951. He hails from Delta state. He later obtained a B.Sc. in Business Administration from Southern University in Baton Rouge, Louisiana, USA, in 1977 and a master’s degree in Business Administration from the University of Louisiana in Monroe, Louisiana, USA in 1979. He is also a Harvard Business School alumni.
He assisted in positioning Zenith Bank as one of the biggest and most profitable banks in Africa throughout his two decades of leadership at the institution.
Ovia founded Visafone Communications Limited and served as the head of the National Information Technology Advisory Council and the Nigerian Software Development Initiative (NSDI) (NITAC).
He serves as Chairman of Cyberspace Network Limited and a member of the Honorary International Investor Council and Digital Bridge Institute (DBI).
He received an honorary doctorate at the University of Lagos’ 50th convocation ceremony.
His philanthropy
He joined the Board of several educational institutions and NGOs that support the advancement of humanity, out of his desire to give back to society and the younger generation.
He serves on the boards of trustees and governing councils of numerous schools, notably Redeemer’s University For Nations in Lagos. He has also served on the Nigerian Investment Promotion Commission’s Governing Council (1999–2007).
Ovia has served as the inaugural President of the Nigeria Internet Group and has led some non-governmental organisations (2001–2003). He is the founder and Chairman of Mankind United to Support Total Education (MUSTE), a charitable organisation that provides scholarships to the poor and disadvantaged. He founded the Youth Empowerment / ICT Foundation to improve the socioeconomic well-being of Nigerian youngsters by encouraging and motivating them to embrace information and communication technologies.
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He was quoted to have said, “I will continue to empower the youths. That is my passion. The youths are the leaders of tomorrow. We must continue to support them”.
In 2018, he published the book Africa Rise and Shine.
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Tinubu Emerges APC Presidential Candidate After Nationwide Direct Primary
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….President Tinubu polls 10,999,162 votes, declared winner.
The ruling All Progressives Congress (APC) has declared President Bola Ahmed Tinubu the winner of its presidential primary election ahead of the 2027 general elections.
The party commenced the collation of results from its nationwide presidential shadow election at the Bola Ahmed Tinubu International Conference Centre in Abuja following the conclusion of voting on Saturday, May 23.
In a significant shift from the delegate-based system often associated with controversy, the APC adopted a direct primary method for the exercise. The election was conducted simultaneously across the party’s 8,809 wards in the 36 states and the Federal Capital Territory (FCT).
Under the direct primary system, all registered members of the party were eligible to vote for their preferred presidential aspirant, a move party leaders described as part of efforts to strengthen internal democracy and encourage wider grassroots participation.
The final stage of the process is being supervised by a seven-member Presidential Primary Election Committee chaired by former Senate President, Senator Anyim Pius Anyim.
Other members of the committee include former Senate President Ken Nnamani, Grace Titi Laoye-Ponle, former Speaker of the House of Representatives Yakubu Dogara, former Kogi State Governor Idris Wada, and Sanusi Musa, who serves as the committee secretary.
The atmosphere at the Bola Ahmed Tinubu International Conference Centre remained charged as governors, party chairmen, and designated collation officers arrived to present certified results from their respective states before the Anyim-led committee.
Governors coordinating the exercise in their states took turns presenting the official results as the party concluded the nationwide primary process.
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Tinubu Commends APC Primaries, Describes Exercise as Victory for Internal Democracy
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…President expresses satisfaction with governors’ handling of exercise
…Says party members’ support places greater responsibility on him
President Bola Ahmed Tinubu on Saturday described the ongoing presidential primaries of the All Progressives Congress (APC) as a demonstration of internal democracy and grassroots participation, expressing satisfaction with the conduct of the exercise across the country.
The President spoke with journalists after participating in the primary election at Ward L2, Ikoyi, Lagos, where he commended state governors and party officials for managing the process.
President Tinubu, who arrived at the venue alongside the First Lady, Senator Oluremi Tinubu, was received by Lagos State Governor, Babajide Sanwo-Olu, Lagos APC Chairman Pastor Cornelius Ojelabi, Minister of Industry, Trade and Investment Dr. Jumoke Oduwole, former Minister of Finance Wale Edun, and other party leaders.
According to him, the exercise has so far reflected the democratic ideals of inclusiveness and orderly participation within the ruling party.
“This is a demonstration of internal democracy and it has been going very well according to plan.
“This is politics, grassroots politics, where every member of the party has a right to participate and be involved. It’s to ensure that we have an internal democracy and it’s peaceful and well-organized”, Tinubu said.
Responding to questions on whether he was satisfied with the manner governors had handled the process in their respective states, the President said the conduct of the primaries had met expectations.
“Today, I am very satisfied, very, very satisfied that these governors have done well in their various states.
“In fact, from the ward congresses to local government congresses, to the delegate accreditation, validation, members register, and certification of the electoral process, it has been all very well. At least, you will score democracy at a high level”, he said.
The President also reacted to the large turnout and expressions of support from party members and supporters at the venue, saying the show of confidence increased the responsibility on him.
“I’m just excited. They challenge me more,” Tinubu said.
Tinubu reiterated that the APC remained committed to transparent and inclusive democratic processes that allow party members at the grassroots to freely determine their leaders and representatives.
He further commended electoral officials, party leaders and security agencies for ensuring a peaceful and credible exercise, while urging Nigerians to continue supporting democratic institutions and national unity.
The President also reaffirmed his administration’s commitment to democratic ideals, good governance and policies aimed at improving the welfare of Nigerians while strengthening political stability across the country.
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Truck Loaded With Stolen Rail Materials Trapped in Jos, Exposes Growing Sabotage
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Concern is mounting over the persistent vandalism of railway infrastructure across Nigeria following another disturbing incident in Jos, Plateau State.
A truck reportedly conveying stolen railway materials was said to have become stuck along the Kuru axis, drawing attention to the activities of vandals sabotaging critical transportation infrastructure in the country.
The incident has renewed calls for urgent government intervention as experts warn that continued attacks on railway facilities could negatively affect national development and public safety.
Railway tracks and related materials are regarded as essential national assets designed to support economic activities, improve transportation and boost regional connectivity. Their destruction, analysts say, amounts to economic sabotage and a setback to Nigeria’s infrastructure development goals.
There are growing fears that criminal networks are increasingly targeting railway installations in parts of North Central and North East Nigeria, threatening train operations and exposing commuters to danger.
Stakeholders are now urging authorities to intensify monitoring, deploy advanced security systems and strengthen enforcement measures to curb the menace.
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