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[MUST READ] Alajọ Ṣomolu: Nigeria’s Legendary Thrift Collector Who Lived For Almost A Century

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Before the advent of unicorn fintech and banks, people entrusted their savings with thrift collectors. One of them stood out in Lagos and the areas that now constitute the South West of Nigeria: Taiwo Olunaike Alphaeus.

But that name may not ring a bell until one says “Alajọ Ṣomolu”, literally meaning the thrift collector of Ṣomolu.

He had no computer knowledge, not to talk of using a balance sheet or running an excel file, but he was good with counting and keeping money.

His fame embodies honesty, faithfulness, and the true Nigerian spirit of industry.

This explains why his name was likened to success and smartness in the track “Alajọ Ṣomolu” by Afrobeat singer, Olawale Ashimi, popularly known as Brymo.

Born on September 16, 1915, in Isonyin, a small town eight kilometers from Ijebu-Ode in Ogun State, Alphaeus, also called Sir Alphaeus, was one of the surviving duo of a triplet birth at a time multiple births was a taboo because it was believed to bring misfortune to the land.

One of the triplets was sacrificed to the gods and another died at infancy. Their father too died three years after their birth.

Baby Taiwo’s close shave with infanticide was rewarded with longevity as he lived for 96 years. Born a year after Britain amalgamated the northern and southern protectorates of Nigeria, he witnessed the country’s independence 45 years later and the 50th anniversary of independence in 2010.

If his name is mistaken as a myth or legend, that is because he is linked to many wise sayings and anecdotes.

Tailor turned thrift collector

At 12, Sir Alphaeus moved to Lagos in 1927 where he was first enrolled at St. John’s School, Aroloya, and then at Christ Church Cathedral School, where he took his first school leaving certificate in 1934.

Two years later in 1936, he took up an apprenticeship role under a neighbourhood tailor named Rojaye. He would spend nine years under Rojaye’s tutelage.

In 1950, he followed his uncle on a commercial trip to Cameroon. There, he learnt the ropes of thrift collection from a Cameroonian neighbour.

The special kind of microfinance banking Sir Alphaeus came to be popular for is an agelong practice in many Nigerian communities and marketplaces where clients contribute daily, weekly or monthly predetermined amounts to a thrift collector. The collector takes the first contribution as their own fee. The business is called ajọ in Yoruba, esusu in Igbo and akawo/adashe in Hausa.

After four years in Cameroon, Sir Alphaeus was ready to take his trade back home to Nigeria. He returned to Lagos to start his own thrift collection business called the Popular Daily Alajọ Ṣomolu. Not only did he safe keep the savings of individuals, he also offered loans to those he considered had proven integrity.

Photographic memory

But it was not just for his business integrity that Alajo Somolu would become legendary. Practicing at a time computer or calculator was unknown, at least in the area, Sir Alphaeus stood out for his mental acuity. He could recall transactions, their dates, and details without reference to any documents.

This unique trait endeared him to people, many of whom marvelled at his gift.

This gave prominence to the aphorism the Yoruba use in extolling the virtues of wisdom and intelligence in a person; “Ori ẹ pe bii ti Alajọ Ṣomolu, to fodidi ọọdun meta gbajo lai ko oruko ẹni kankan silẹ, ti ko si ṣowo san fenikeni” (meaning: you are as intelligent as Alajọ Ṣomolu, who collected thrift for three years, without writing down a single name, and never made a single mistake in paying back his customers)!

At first, clients approached him with skepticism, but all that soon changed after many testaments of his photographic memory gained traction. Those who dared argue with his impeccable off-the-cuff recollection of statistical details were awestruck when he opened his logbook.

He was a moving bank, ATM booth, chequebook — all in one. His brain worked like a cloud.

Trust and integrity are the capital for the business he ran, and Sir Alphaeus was integrity personified. This attracted many clients to him who trusted, loved, and respected him, making his boom.

In fact, legends suggested that not only did Sir Alphaeus pay back contributors the exact amount they were due, he also paid them back in the exact notes and coins they contributed.

They were mesmerized by this and he became the number one mobile banking choice for many traders in Sangross, Mile 12, Baba Olosha, Ojuwoye, Awolowo, Oyingbo, Olaleye, and Shomolu markets, all in Lagos.

At a time, after one of his cars showed signs of wearing out and was no longer cost-effective for his thrift collection trips, he sold off the car and bought a Raleigh bicycle. The bicycle gave him farther reach to areas that were hitherto inaccessible.

This again won him another star in the heart of people as they read that to mean he was an economically savvy businessman. That act passed as a further advertisement for his business.

Retired Not Tired

Even as he aged, his love for his trade and the trust people had in him did not wane. He continued with the business until 2010 when he was 95 years old.

Even after his children pressured him to retire, people continued to throng his house to deposit their daily contributions. This time he no longer went to them, they came to him. He had earned their trust.

As he served his clients so he did his God. He was the lay reader and treasurer for 30 years at the Ṣomolu Anglican Church he attended.

Though he lived a spartan life, he was well-to-do in his own right. He built his first house at No 10, Odunukan Street in Ijesa, and later sold it to the Deeper Life Ministry. He built another house at Olorunkemi, Owotutu Area, Bariga, Lagos.

Sir Alphaeus House built in Bariga, Lagos State.
There, he lived his last days. He died August 11, 2012, and was buried a month later at the Church of Nigeria Cathedral, Isonyin, Ijebu in Ogun State.

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1 Comment

1 Comment

  1. Temitope Onigbinde

    November 22, 2021 at 11:54 am

    Legend!!!

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BIG STORY

Elumelu Champions Recognition Of Women’s Potential, Challenges Workplace Stereotypes

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The Group Chairman, United Bank for Africa (UBA) and Founder, Tony Elumelu Foundation (TEF), Tony Elumelu, has passionately called for a change of long-standing workplace stereotypes that continue to hinder women’s professional growth and potential.

He said this while delivering a compelling address during a meeting with the Association of Professional Women Bankers (APWB), at the UBA Head office in, Marina, Lagos on Monday.

Elumelu, who highlighted the exceptional abilities of women in business, addressed the additional obstacles women encounter, such as imposter syndrome and unfair stereotypes that portray them as “too emotional” or “sentimental” in professional settings.

“From my experience, women in our group are tenacious, hardworking, and deliver results. They don’t expect special treatment – they command respect,” Elumelu stated.

“My admiration for women comes from personal experience. My 97-year-old mother still goes to the market and cooks for us every Sunday. My wife, five daughters, and two sisters continue to inspire me daily, and the women I work with constantly surpass expectations.”

The chairman noted that his own organisations and those he has invested in stand as a testament to women’s leadership potential.

“At UBA Group for the longest time, our board has been predominantly female, and most of our CEOs are women. At Heirs Holdings Group, women head more group companies than men—not by design, but by merit,” He highlighted.

Elumelu cited examples of women’s leadership within his organizations, noting that Transcorp Group, valued at N4.5 trillion, and Transcorp Hotels Plc, valued at N1 trillion, are both led by women who are breaking barriers and redefining corporate leadership.

Drawing inspiration from the story of Mary Jane Patterson, the first Black woman graduate in America, Elumelu advised the female professionals to build confidence, ignore stereotypes, and focus on personal goals as these are the most prominent ways they could break glass ceilings and open paths for young girls.

“The story of the first Black woman graduate in America, Mary Jane Patterson, resonates deeply. She wasn’t allowed into classrooms, so she stood in hallways to learn. Decades later, this university apologized and awarded her an honorary doctorate. She paved the way for millions of successful Black women today.”

“To all women who are running businesses or climbing the corporate ladder: please note that confidence is key. Ignore stereotypes, focus on your goals, build expertise, and let your work speak for you. As I told the APWB, leadership is about showing what you can do, regardless of labels,” Elumelu concluded.

The Chairperson, Association of Professional Women Bankers (APWB), Funke Feyisitan Ladimeji, who commended Elumelu’s commitment towards female inclusivity and professional advancement, emphasized that his advocacy went beyond rhetoric. She highlighted how his various business concerns continues to provide concrete opportunities for women to excel in leadership roles.

“The chairman’s approach serves as a powerful model for other corporate leaders, which shows that diverse, merit-based leadership is not just possible, but essential for organizational success and societal progress,” she said.

The female attendees at the event agreed that the session was highly enlightening and thought-provoking, as it helped to broaden their minds and gave them more clarity as to their purpose and how they could achieve more if they put their minds to it.

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BIG STORY

Port Harcourt Refinery Halts Operations Over Calibration, Loading Bay Empty

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The fanfare and cheers that greeted the resumption of activities at the Port Harcourt Refining Company on Tuesday may have faded, leaving the hopes and expectations of many Nigerians uncertain.

A visit (by Saturday Punch) to the refinery on Friday revealed that there was no activity on-site, with some workers stating that the refinery was undergoing calibration, which might last until next week.

The Port Harcourt Refinery has faced numerous delays and missed deadlines for resuming operations.

However, on Tuesday, the Group Chief Executive Officer of the Nigeria National Petroleum Company Limited, Melee Kyari, inaugurated the new plant at the Area 5 terminal of the refinery. It was claimed that 200 petrol trucks were loading daily from the plant.

Despite the announcement, skepticism arose as reports circulated that the trucks were being loaded with old products from the storage tanks.

Upon visiting the Port Harcourt Refinery Area 5, it was observed that there were no signs of activity.

An official, who spoke on condition of anonymity, revealed that the loaded trucks contained “dead stock.”

He said, “Before the refinery was shut down between 2015/2016, we had dead stock left in the tank, including some Premium Motor Spirit (petrol) DPK (kerosene), and Automated Gas Oil (diesel).

“So, these products were in large quantities in stores in those tanks. During the rehabilitation of the Port Harcourt Refinery, Old Area 5, those products were evacuated from the tanks for storage.”

However, he noted that the large quantity of refined petrol was “off-spec,” requiring separation from water to obtain the main product in preferred colours.

“But for DPK, it is in large quantity but they have not pushed it from the tank where it was kept after refined ready for commercial purposes.

“So, the product that was loaded was dead stock, that is the old product that was in the system. So, after these dead stocks, they will have to clean the tank, remove all the debris before pumping the new project into that tank, and redye it,” the source said.

The worker highlighted that refineries worldwide should operate electronically, not manually.

“But what they are trying to do at the Port Harcourt Refinery is manual, which cannot match the new digital pumps. Most of the pumps used for the event were refurbished,” he added.

He explained that during Kyari’s visit on Tuesday, seven trucks were prepared for loading, but only five were filled with petrol.

The Chairman of the Independent Petroleum Marketers Association of Nigeria, Taken Ikpaki, while speaking to journalists during the inauguration of the facility on Tuesday, had expressed optimism.

He stated that more trucks were expected to come into the facility to load products in the coming days.

But rather than more trucks coming into the refinery, the number of trucks has dwindled.

Around 1.30pm when our correspondent visited, he observed that most workers and drivers appeared idle as no machinery was operational.

Nine trucks were seen parked, but the loading bay, numbered from one to 18, was empty and deserted, with some workers lying down.

When asked about the lack of loading activity, a worker in overalls said, “They are de-watering, removing the water under the PMS. Maybe there will be loading after that, but we don’t know what time today.”

Another worker at the loading bay mentioned that ongoing calibration was the reason for the delay.

“They are calibrating the meters,” he said tersely.

Findings (by Saturday Punch) showed that the PMS left in the storage might not be enough to fill five trucks.

A source indicated that calibration would continue until Monday, with the loading of DPK (kerosene) and AGO (diesel) expected to start by then.

Speaking to our correspondent, a resident of Alode in Eleme Local Government Area of Rivers State, who simply identified himself as Osaro, said, “After that ceremony with Mele Kyari where they said the refinery had started operation and loading was taking place, what happened afterwards? They continued loading on air, that is on the pages of newspapers and social media.”

When contacted for his reaction on the lack of activities on Friday, the National Public Relations Officer of the Petroleum Product Retail Outlet Owners Association of Nigeria, Dr Joseph Obelle, said it was as a result of ongoing calibration.

Obelle, the PETROAN spokesman, said, “They are calibrating the loading pumps. They will be done today.”

Meanwhile, it was gathered that the Senate Committee on Petroleum visited the refinery on Thursday on a facility tour. The outcome of the visit had yet to be made public.

Calls and text messages to the spokesperson for the NNPC, Olufemi Soneye, were not replied as of the time of filing this report.

But the NNPC had in a statement denied claims by an Alesa community leader, Timothy Mgbere, that the Port Harcourt refinery was not producing fuel.

Soneye accused Mgbere of crass ignorance of how a refinery runs.

He said, “The old and new Port Harcourt refineries have since been integrated with one single terminal for product load-out. They share common utilities like power and storage tanks. This means that storage tanks and loading gantry which he claimed belongs to the new Port-Harcourt Refinery can also receive products from the Old Port Harcourt Refinery.”

He called on the public to disregard claims borne out of “sheer mischief and blatant display of ignorance.”

 

Credit: The Punch

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BIG STORY

Simon Ekpa To Spend Christmas In Detention As Finland Court Denies Him Bail

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  • Followers declare United States of Biafra in Finland

 

 

Pro-Biafran agitator Simon Ekpa, who was arrested in Finland for alleged terrorism-related activities, will spend Christmas in detention, as Finland’s legal system does not allow for bail.

Mikko Laaksonen, a Senior Detective Superintendent at Finland’s National Bureau of Investigation, confirmed this (to Saturday Punch) in an email.

The news comes as Ekpa’s supporters declared the establishment of the United States of Biafra during a conference held in Finland on Friday.

Last week, the Finnish government announced the arrest of Ekpa and four others on suspicion of terror-related offenses, including incitement to violence and terrorism financing.

Finnish police have confirmed that Ekpa, who calls himself the Prime Minister of the Biafra Republic Government-in-Exile, allegedly used social media to incite violence in the South-East region, targeting both civilians and authorities.

According to local publication Yle, Ekpa was remanded in custody by the Päijät-Häme District Court on charges of public incitement to commit a crime with terrorist intent.

The publication reported that the Finnish Central Criminal Police confirmed the arrest in a statement last Thursday, noting that other suspects were apprehended for allegedly financing terrorist activities.

Also, Ekpa is scheduled to face charges in May 2025, according to Finnish authorities.

When asked if Ekpa’s charges were bailable or if the prosecution was disposed to releasing him on bail, Laaksonen said, “Finnish criminal procedure/coercive measures do not recognise bail procedure.

“Our procedure is based on, depending on the case, remand or travel ban as coercive measures for limiting freedom of movement for persons suspected of offences to which such measures are applicable.”

  • Supporters Declare Biafra 

In Finland, Ekpa’s supporters converged on Lahti in Finland on Friday to declare the United States of Biafra.

A few days before the conference, videos circulated on social media showing a significant influx of Nigerians into Finland for the event tagged, ‘Biafra Mass Exodus 2024’.

An X user, @DOlewunne, tweeted, “Huge in Finland Under His Excellency the Prime Minister of Biafra Simon Ekpa (sic). The re-declaration of the Independent State of Biafra/United States of Biafra is in full swing. This historic independent moment is championed by the People of Biafra. We are a Nation! (sic).”

The convener of the convention, who introduced herself as the Chief of Staff of the United States of Biafra and the organiser of the Biafra Declaration of the Restoration of the United States of Biafra Convention 2024 in Finland, is Dr Ngozi Orabueze.

According to several online sources, Orabueze is a family nurse practitioner in Atlanta, Georgia, with expertise in treating diabetes, bipolar disorder, and depression, among other conditions.

She was first appointed by Ekpa in March 2023 as Minister of Health, Oil and Gas, Biafra Republic Government in Exile.

Orabueze, who has over 17,500 followers on X and more than 12,000 on Facebook, wrote on November 27 that the convention was to take place in Lahti, noting that it would kick off with a live X Space event.

On 28 November, she wrote, “Biafrans are trooping into Finland in droves ahead of the re-declaration of the independent state of Biafra,” attaching a video of a large Igbo-speaking crowd awaiting clearance at the Finnish airport.

On Friday afternoon, Orabueze posted on her verified X handle, @ngoziora, that Biafrans had declared an independent state and would now use their own currency (Biafra coins) and time (Biafra time), notifying the Nigerian government and the international community.

The declaration of Biafra’s independence, initially slated by Ekpa for December 2, faced some setbacks following Ekpa’s arrest and prosecution by the Finnish government.

Orabueze wrote, “Breaking: It is done. Biafrans in Finland for the declaration of the independent United States of Biafra. Power belongs to the people.” She later added, “Biafra has been re-declared today, 29th of November 2024, by Ngozi Orabueze, the Chief of Staff, United States of Biafra. Congratulations to all Biafrans all over the world.”

Before the declaration, a video of Ekpa addressing the audience was played online.

Ekpa stated, “We were free before Lord Lugard came. If you want the oil, take it and leave us alone. We are tired of living as baboons and monkeys. We want to be given the opportunity to practise what we have studied.”

As the video ended, the audience began to chant, “USB, USB, USB,” meaning the United States of Biafra.

Afterwards, Orabueze, taking the oath of office, listed the states within the newly re-declared United States of Biafra.

These included Anambra State, Okigwe State, Nnewi State, Ogoni State, Opobo State, Ikwerre State, Etche State, Okrika State, Ngwa State, Orlu State, among others. The crowd cheered her on in both Igbo and English.

After the declaration, the crowd sang an Igbo song, “Biafra aga’m arapu gi,” translating to “Biafra, I will never let you go.”

Earlier in videos and photos shared on X, several members of the group claimed they were just landing at the Finnish airport in Helsinki.

A woman, @Charedims, who took a video while on a flight, said, “Biafrans all over the world from different continents everywhere are converging on Lahti for the convention.

“On December 2, when all votes are counted and collated, a mandate will be given to our prime minister, Simon Ekpa Njoku, who is currently answering some questions with the Finnish authorities; when the votes are counted, he will then declare the restore of the independent state of Biafra, which means he has the legal rights to get us Biafra. That is why you are seeing everybody jumping up and down.”

  • IPOB Disowns Group, MASSOB Denies Claim

Reacting to the development, IPOB’s spokesperson, Emma Powerful, rejected the notion that the group was behind the event.

He stated, “IPOB has no involvement in any conference. Those people (Ekpa’s faction) are criminals supporting illegal activities to destroy our land. There is no such thing as a declaration of Biafra from our side.

“Any claim that IPOB is hosting a conference is false. When IPOB decides to make such an important announcement, the whole world will know. Those making such statements are fake.”

The spokesperson for the Movement for Actualization of the Sovereign State of Biafra, Sunday Edeson, stated that if IPOB succeeded in the realisation of Biafra through its declaration, MASSOB would accept and rejoice with them.

He added that the British government would never support the freedom of Biafra.

“Everyone has the right to declare. They declared their freedom in Finland, but we know that we’re still under Nigerian leadership. We support them.

“Declaring independence in Finland doesn’t mean we’re free from the Nigerian government. We still use Nigerian currency, and security agencies are still from Nigeria. So, we’re still under Nigeria’s control,” Edeson said.

  • Extradition

Meanwhile, a spokesperson for the Ministry of Foreign Affairs, Kimiebi Ebienfa, told Saturday PUNCH that Nigeria did not have an extradition agreement with Finland.

Also, Finland through the Finnish Embassy in Nigeria said it could not comment on the matter.

The Director of Defence Information, Brig Gen Tukur Gusau, had said Ekpa, a self-proclaimed disciple of IPOB leader, Nnamdi Kanu, should be extradited to Nigeria to face criminal charges.

Many Nigerians online also demanded his repatriation to Nigeria to face terrorism charges.

In response to the call for Ekpa’s extradition, a lawyer during ‘The Morning Show’ on AriseTV, Chukwuma Ezeala, said that Finnish-based Nigerian was charged with terrorism and countries involved must cooperate.

He stated that he could be tried in Nigeria or Finland.

“On the issue of extradition, for him to be extradited, there must be a bilateral agreement. From all indications, Nigeria doesn’t have a bilateral agreement with Finland.

“However, since it’s an international crime, he can still be extradited to Nigeria based on international conventions.

“The question will now be, can Nigeria satisfy conditions or requirements of extraditing a person to Nigeria without a bilateral relationship,” Ezeala queried.

 

Credit: The Punch

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