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Three Nigerians make Forbes list of wealthiest black Americans

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Three Nigerians have made Forbes List of the most powerful, impactful and wealthiest Black Americans in 2024.

They are Wemimo Abbey, Tope Awotona and Adebayo Ogunlesi, all based in the United States.

Abbey, 32, is the Cofounder and Co-CEO, Esusu, a New York fintech startup that helps renters build their credit histories and scores by reporting rent payments to credit bureaus.

According to Forbes, more than 20,000 properties currently offer Esusu’s service and some 1.8 million Americans have used Esusu to record a rent payment.

In early 2022, Esusu raised $130 million in funding at a $1 billion valuation. Before founding Esusu, Abbey, who grew up in Lagos, Nigeria, worked as a mergers and acquisitions consultant at PWC and cofounded a non-profit and a data analytics startup.

Report has it that his mother sold her wedding ring to fund his travel and education in the US.

Awotona, 43, is the Founder and CEO, Calendly, a scheduling software startup which private investors valued at $3 billion in 2021.

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At the age of 15, Awotona moved to Atlanta from Lagos where he was born. He studied computer science at the University of Georgia before switching majors to business and management information.

After working as a salesman for several tech firms and launching a few failed startups, Awotona cashed in his 401(k) in 2013 to found Calendly because he was frustrated with the number of emails it required to schedule meetings. After bootstrapping the company for several years, in 2021 Awotona raised $350 million to further scale Calendly. Today, he is worth an estimated $1.4 billion.

Adebayo Ogunlesi, 70, is the Chairman, co-Founder Global Infrastructure Partners, a New York-based private equity firm Global Infrastructure Partners (GIP).

In October, GIP was acquired by BlackRock for $12.5 billion in cash and shares, with Ogunlesi remaining chairman and CEO of GIP. Today, Forbes estimates Ogunlesi—who earned a Bachelor of Arts degree from Oxford, a Juris Doctor from Harvard Law School, and an MBA from Harvard Business School—has a net worth of $1.7 billion.

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After clerking for Supreme Court Justice Thurgood Marshall in the early 1980s, Ogunlesi worked as an attorney at the New York law firm Cravath, Swaine & Moore. Prior to cofounding GIP in 2006, Ogunlesi spent more than 20 years as an investment banker at Credit Suisse.

Others in the list of wealthiest black Americans include Dr Dre, Lebron James, Michael Jordan, Beyonce, Jay-Z, and Gary Linnen, to mention a few.

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APC national chairman asks opposition to move beyond mere criticisms

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The National Chairman of All Progressives Congress (APC), Prof. Nentawe Yilwatda, has challenged opposition leaders to move beyond criticisms and present practical, well-articulated alternatives to addressing Nigeria’s economic challenges. 

Yilwatda’s advice is contained in a statement by his Special Adviser on Media and Information Strategy, Abimbola Tooki, in Abuja.

Tooki quoted the national chairman as stating this at the 10th National Assembly Award Dinner Ceremony held on Wednesday in Abuja.

Yilwatda, who was represented by Daniel Rejenieju at the event, said opposition leaders should desist from merely condemning government policies.

He said the removal of fuel subsidy by the President Bola Tinubu-led APC administration was an inevitable and necessary decision to rescue the nation’s economy from imminent fiscal collapse.

The national chairman described the former subsidy regime as an unsustainable system that only enriched a privileged few, while denying the country the resources required for critical national development.

He urged Nigerians to remain steadfast in their support for the bold economic reforms being implemented by the  Tinubu-led administration.

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Yilwatda expressed confidence that the temporary hardship associated with the reforms would ultimately give way to sustainable economic growth, fiscal stability and shared national prosperity.

According to him, a courageous leadership is defined by the willingness to take difficult and sometimes unpopular decisions in the overall interest of the people.

He stated that Tinubu had demonstrated exceptional courage by implementing reforms that successive administrations acknowledged were necessary but lacked the  political will to execute.

Yilwatda explained that the current economic difficulties represent the short-term consequences of reforms designed to correct years of structural distortions, adding that the long-term gains would far outweigh the present sacrifices.

Highlighting the positive impact of the administration’s reforms, he identified the Nigerian Education Loan Fund (NELFUND) as one of the most transformative social intervention programmes under Tinubu’s Renewed Hope Agenda.

He noted that millions of students across tertiary institutions had benefitted from the initiative regardless of ethnicity, religion or political affiliation, thereby expanding access to higher education and reducing the financial burden on Nigerian families.

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The national chairman further stated that the reforms had promoted greater fiscal discipline among citizens by encouraging prudent spending, responsible financial planning and a renewed culture of productivity.

He also noted that increased allocations to states and other sub-national governments had strengthened their capacity to pay salaries promptly, undertake infrastructure projects and deliver meaningful development to their people.

While acknowledging the temporary hardship occasioned by the reforms, he appealed to Nigerians to remain patient and united in support of Tinubu’s administration.

Yilwatda emphasised that lasting national transformation required resilience, sacrifice and collective commitment.

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Tinubu will win 2027 presidential election, Akinterinwa boasts, cites sterling performance

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A chieftain of the All Progressives Congress (APC) and former Commissioner for Finance In Ondo State, Wale Akinterinwa, has assured the party’s national leadership of overwhelming victory for President Bola Tinubu in the 2027 Presidential Election in Ondo State

“President Bola Tinubu will win the 2027 Presidential Election in Ondo State. Let nobody misinform the public, let nobody deceive himself. The Ondo APC is solid. We will win in every polling unit, in all the 203 wards and in all the 18 Local Government Areas” Akinterinwa declared.

Akinterinwa spoke in the wake of fallacious assertions, made by an APC House of Representatives Aspirant, that President Tinubu might lose next year’s election on account of intra-party disputes that followed the National Assembly candidates’ nominations in the state. Describing the statement as a reckless misrepresentation of facts in Ondo State, the former Finance Commissioner advised politicians to exercise caution and discretion in their public utterances.

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Akinterinwa said President Tinubu has done well for Nigeria and especially for Ondo State, and that he would be adequately rewarded with votes across Ondo State in the 2027 presidential election.

“In terms of performance, the President has raised the bar in service delivery, economic revival, large scale empowerment schemes and massive infrastructural development across the country”

Akinterinwa further asks
“Do you know the number of landmark federal road projects that are currently going on in the state?
Has it ever happened in the history of Ondo State to have three substantive ministers? This is the time to show the president that we’re grateful. He will win the election with a landslide margin. Any contrary opinion is self serving and cannot stand”

Akinterinwa commended APC leaders in the state for their collective investments towards the re-election of the President.

He called on those harbouring grievances to sheath their sword and embrace peace.

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“The party is bigger than an individual’s interest. We must work together as a team, synergise efforts, focus on victory and organise a befitting funeral for the remnants of opposition parties in the state. That is the task ahead”

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2027: Tinibu’s victory in Ondo non-negotiable – PBAT Continuity Project

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The PBAT Continuity Project, PCP in Ondo state says the landmark achievements of President Bola Ahmed Tinubu in every part of Nigeria will give him an overwhelming victory come 2027.

The PCP in a statement by its Director-General, Pastor Femi Agagu maintained that Tinubu remains the candidate to beat both in Ondo state and Nigeria in the next election because of his impressive track record which has, no doubt, brought succour and renewed hope to Nigerians.

The PBAT Continuity Project was reacting to a recent comment by an APC aspirant on a national television, suggesting that the APC in Ondo is in crisis, thus posing threat to Tinubu’s victory in 2027.

Agagu urged the general public to disregard such outbursts as misleading. He assured that Tinubu would get overwhelming votes in Ondo state going by his impacts on the sunshine state.

“Ondo state has always been for Tinubu and come 2027, we will still vote for him massively, the people are ready, Tinubu’s impacts are felt across the state, Students of Ondo state origin are benefitting from the Nigerian Education Loan Fund (NELFUND), residents are also enjoying from Construction of roads, economic reforms and other life impacting projects under the present administration”.

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Agagu specifically mentioned the appointment of three key ministers from Ondo state by President Tinubu as another reason why the people of the Sunshine state are eager to vote overwhelmingly for him in the next election, urging APC members to shun any act capable of undermining the achievements of the party in the state.

The PCP Director-General commended the minister of interior, Hon Olubunmi Tunji-Ojo a.k.a BTO for his huge support towards the reelection of President Tinubu in Ondo state by sponsoring many support groups to propagate the good works of the President across the length and breath of the state.

Agagu explained that with the huge support given by Tunji-Ojo, the collective effort of APC leaders across the state and the monumental goodwill enjoyed by the President, the 2027 Election will be handsomely won in Ondo State.

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