Tuesday, 18 September 2018

Jim Ovia’s Book Lunch; Ambode Speaks Loud In Loyalty ‘Says Who am I To Speak After the Jagaban Has Spoken!




 Image result for jim ovia book launch


‘’ First, Let me acknowledge Baba Akinola William who has contributed immensely to the accounting profession, actually, I didn’t prepare to come and say anything here and "who am I to speak after the Jagaban has spoken"?  Kudos to the political prowess of Tinubu ’’ fondly referred to as ‘The Jagaban’’


This was how the Lagos state governor, Mr Akinwunmi Ambode through his action betrayed the animosity between Asiwaju and him at a book launch of Africa Rise and shine written by Mr Jim Ovia, chairman of Zenith Bank Plc.
Following a week of bold online media headlines on their rift, guests at the event watched anxiously how the two leaders would break the ice if ever they manage.
Ambode was already seated when midway into the occasion Tinubu sauntered in. The atmosphere suddenly became electrified.
The Lion of Bourdillon took to the podium and delivered his remarks. The organizers might have read the minds of the audience.
The silence that slouched behind the initial applause was palpable. Everyone waited in anticipation.
Then Ambode began. First, an acknowledgement of the dignitaries with nods and a smile, then a moment’s hesitation, and finally the words: “Actually, I didn’t prepare to come and say anything here. And who am I to speak after the Jagaban has spoken?”
It was a textbook example of how to diffuse tension; it sent the audience and the governor himself laughing, and social media buzzing with the newest catch phrase.
Ambode thereafter gave kudos to the political prowess of Tinubu, fondly referred to as ‘The Jagaban’ and went on to speak about Ovia.
“Obviously, the truth is, there is no person that has actually gone through the profession of accountancy that would not have had something to do with Uncle Jim. That is the truth,” he said.
As the event in Lagos, drew to an end, the master of ceremony invited state governors present and other dignitaries to the podium to take pictures. Tinubu was at the left corner of the stage while Ambode stood at the far right.
But as the photographer readied for the click, Ambode suddenly moved away from his position and planted himself right beside the national leader.
The symbolism, of course, was not lost on the audience, and the hall erupted in laughter.
Rather than back the governor for a second term, Tinubu is widely believed to have thrown his weight behind a former Lagos State Commissioner for Establishments, Training and Pension, Mr Jide Sanwo-Olu, who has since picked the APC’s nomination form and made a formal declaration of his bid.
In a speech laden with hope for Nigeria and the continent, Ovia noted: “The narrative of Africa has been something so pathetic.
When you Google about Africa then, the first thing that came out were that it is a continent of corruption and coups. But after two decades, that narrative started changing.
Today, we now know that Africa is truly rising. Between then and now, what you have is GDP per capita of many African countries well above $1,000, whereas about 20 years ago, it was below $500.
So, for me, Africa is rising. Twenty years ago, only a few African countries had mobile phones.
But today, all the African countries not only have mobile phones, but they also have the broadband technology, and the Internet penetration is high. Africa is rising by embracing technology.”
Vice President Yemi Osinbajo extolled the virtues of Ovia, who rose “from nowhere to become the owner of a N6 trillion worth of investment.”
In his keynote address, Osinbajo said Ovia, through the book, has told a story of his humble beginning and has fulfilled his civic obligation as a successful man, having written about his life experience to admonish and inspire the present and future generation.
“The third task is the civic task; the obligation of the successful to write their stories, to share their experiences and the histories of the phenomena that they have gone through, in order to admonish and inspire the present and the future,” he said.
Using Zenith Bank to illustrate his climb to success, Ovia noted that no other economy in the world could have offered such an opportunity of so many rises in assets as the bank had despite prevailing harsh conditions, compounded by the lack of infrastructure including technology and data.
“We will want to do certain things; you are not too sure because you don’t have any data to prove it’s going to be right. But your instinct tells you, just do it,” he said.
He explained: “The Internet enables you to do online transactions, online sales, online education and everything.
Amazon is now over $1 trillion. This Amazon doesn’t have a factory anywhere.
They don’t have any oil well at all but have over $1 trillion in market capitalisation – richer than Nigeria with twice the GDP of Nigeria.
It is because they embraced technology and the Internet. “Look at what Google has done. Google was just set up as a search engine.
But now, Google is one of the richest companies in the entire world. Of course, the market capitalisation of Google is larger than Nigeria’s GDP.
And I mean larger than all the oil wells we have, all the resources we have, and all the agriculture we have. Just one company!
“Economies driven by technology will always blossom.
For us to blossom in the Nigerian economy, let’s start to digitise the economy. If we digitise the economy, it will continue to grow.

If we use technology to drive our manufacturing process, our agriculture and healthcare, we will know what that will do for us.”

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