Makinde: I Won’t Become Political Godfather to My Successor

  Oyo State Governor Seyi Makinde on Monday said he would not seek to become a political godfather or dictate the affairs of government after leaving office in 2027, stressing that his successor would be allowed to govern independently. He stated this while playing host to members of the Muslim community at a Hijrah 1448 luncheon, held at the Banquet Hall, Government House, Agodi, in Ibadan, the state capital. Makinde stressed that having spent eight years in office serving the people of Oyo, he would not seek to remain in control of the government after 2027, as his successor would be allowed to provide leadership without undue interference. The governor said, “I won’t be a political godfather to my successor. After eight years of serving the people of Oyo State, I will ensure that there is a smooth transition and that whoever succeeds me is given the opportunity to develop and implement policies in line with the aspirations and yearnings of the people. “The essence of political leadership should not be the ability to control those who come after a public office holder, but the willingness to serve humanity and leave behind institutions and structures that can continue to benefit the people.” Makinde called on eligible voters to pay close attention to the qualities of candidates seeking political offices ahead of the 2027 general elections, rather than allowing ethnic, religious or other primordial considerations to determine their choices. “Leadership should be about service to humanity, not about control. As we approach another election period, I want to urge our people, especially our Muslim brothers and sisters, to hold those seeking political office accountable. “Do not assess political aspirants based on ethnicity, religion or other primordial considerations. Look at their competence, their character and their commitment to public service. Ask yourselves what they have done, what they can do and whether they genuinely have the interest of the people at heart. “Governance is about improving the lives of the people. Those entrusted with public office must always put the interest of the citizens above their personal interests or political interests. That is the essence of leadership and that is what our people deserve,“ he said. The state helmsman, therefore, assured the residents that his administration would remain focused on delivering good governance and consolidating its achievements throughout the remainder of its tenure. “Our remaining period in office will be dedicated to consolidating the achievements we have recorded so far and delivering more impactful projects and programmes for the benefit of our people across the state. “Until the expiration of this administration, we will continue to make decisions and take actions that will promote development, peace and prosperity in Oyo. We will continue to work for the people and ensure that the resources entrusted to us are used for the benefit of the people,“ Makinde said. He thanked the people of the state for the confidence reposed in his administration and for the support extended to his government throughout the past eight years. “I want to appreciate the people of Oyo for the confidence and support you have given this administration over the last eight years. We do not take that support for granted. I also want to sincerely appreciate the Muslim community for your partnership and your contributions to the growth and stability of our state. Your support has been important to the progress we have made.” Makinde said his administration would remain committed to ensuring that every segment of the state felt a sense of belonging in governance.

Tony Elumelu to Step Down as UBA Chairman, Successor Named

  United Bank for Africa Plc (UBA) has announced that its Group Chairman, Tony Elumelu, will retire from the bank’s Board of Directors effective August 21, 2026, marking the end of his tenure as chairman. “Under his chairmanship, UBA deepened its pan-African expansion strategy and now operates in 20 African countries, alongside operations in four global financial centres. “The bank currently serves more than 50 million customers across its network. His retirement comes as Nigerian banks continue to align with the CBN’s corporate governance guidelines, which impose a maximum tenure of 12 years for non-executive directors to strengthen board independence and governance standards.” Reacting, Elumelu on his Facebook acknowledged his years of service as the chairman of an “African institution that can compete globally, while being deeply committed to our continent’s development.” In the post titled, “Celebrating an African Institution: My Farewell from UBA,” he said, “I have never been able to look at Africa and see only borders. Where many see fifty-four separate markets, I saw one continent, one destiny — waiting to be transformed, waiting to be believed in. “Africa does not have a shortage of brilliant women and men. Africa suffers a shortage of institutions that outlast brilliant women and men. Today is a day of huge excitement – of potential delivered and continued opportunity. Leadership is not about holding onto a position, but knowing when an institution is ready for the next chapter. “I conclude my tenure as Chairman of the Group Board of United Bank for Africa (UBA) on August 21, 2026, after twelve years and decades of association with this extraordinary institution, with profound gratitude, immense pride, and most importantly – great optimism for the future.” He maintained that his objective of building the bank was to connect Africa to itself and the world and to build something that would outlive individuals. Elumelu continued, “Today, that vision is reality. UBA Group serves over 50 million customers, operates across 20 African countries and four continents, supports trade and investment, and demonstrates that an African institution can compete globally, while being deeply committed to our continent’s development. “This success belongs to generations of dedicated colleagues, exceptional management, visionary directors, loyal customers, supportive regulators, committed shareholders, and partners who believed in our shared purpose.” He further welcomed his successor, Nnorom, to lead the bank, stressing that he believed in his experience, leadership, and deep understanding of the bank, while urging shareholders, customers, partners, and the entire UBA family to extend to him the same trust and support they have entrusted him with over the years. The bank disclosed this on Monday during its board meeting, asserting that the process was necessary after the completion of the maximum 12-year tenure for non-executive directors prescribed by the Central Bank of Nigeria. The financial institution also named a current non-executive director on the board, Emmanuel Nnorom, as its incoming group chairman, whose appointment will take effect on the same day Elumelu retires. In a statement released shortly after the meeting, the bank said, “The Board places on record its profound appreciation to Elumelu for his visionary leadership and exceptional contribution to the strategic vision and institutional strength of the UBA Group.