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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

Awujale Stool: Protest Rocks Ijebu Ode Over Imposition Plot

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A peaceful protest broke out on Friday in Ijebu Ode over alleged plans to impose the next Awujale of Ijebuland.

The protesters marched through Awujale Palace Road on their way to the Ijebu Ode Local Government Secretariat to register their displeasure over the development.

Recall that the Ogun State Government, on Tuesday, in a statement signed by the Commissioner for Local Government and Chieftaincy Affairs, Ganiyu Hamzat, halted the Awujale selection process following a flood of petitions received from security agencies and other stakeholders.

Details later…

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BIG STORY

Fubara Is APC Leader In Rivers, Wike Has Been Compensated —– Bwala

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Daniel Bwala, special adviser to President Bola Tinubu on policy communication, says his principal aligns with the position of Nentawe Yilwatda, national chairman of the All Progressives Congress (APC), on the leadership hierarchy in Rivers state.

Bwala’s remarks come as the Rivers house of assembly continues impeachment proceedings against Siminalayi Fubara, amid a renewed war of words between the governor and Nyesom Wike, his predecessor.

On January 3, the APC chairman said Fubara, governor of Rivers, leads the party in the state.

Yilwatda said the APC accords governors the privilege of leading the party at the state level, while urging them to respect inclusion and avoid disenfranchising other party members.

Speaking on ‘Hard Copy’, a Channels Television programme, Bwala said the governor must be allowed to carry out his duties without undue interference.

The presidential aide added that Wike’s political standing in the state is limited to the Peoples Democratic Party (PDP).

“I agree with the point highlighted by the national chairman that in Rivers state, Governor Fubara is the leader of the APC. Wike is not a member of the APC, so he cannot speak for the party,” he said.

“He may be regarded as a leader within the PDP in Rivers state, having been a former governor, but the APC leader in the state is Governor Fubara.”

Bwala said Tinubu’s position is in tandem with the party’s internal rules and democratic principles.

“What the national chairman said is the position the president sticks to, because he respects party procedures. The president believes in the rule of law and due process, and the party will always respect that,” he said.

Bwala also addressed concerns over Wike’s influence within the federal government, noting that appointments do not supersede national interest.

“We’ve heard people complain that as a cabinet member, Wike enjoys certain benefits,” he said.

“Wike has been adequately compensated. The president believes in compensating people, but not at the expense of the interest of Nigeria. President Bola Tinubu gives latitude, but once you cross the line, you will know.”

He added that the cold war between Wike and Fubara is “being handled”.

“When you ask who is the leader of the party, the answer is the governor. The impeachment procedure must be consistent with the practice of law and constitutional requirements,” he added.

“The governor will deal with it. There are court orders stopping the impeachment, and the party is clear: nobody should stop Fubara from governing Rivers state.

“The president even respects the rights of states governed by the PDP. Even where the APC may want to challenge them, he believes that a governor, regardless of party, should be allowed to govern.”

Bwala concluded that the president’s stance reflects his commitment to democratic stability, constitutional order, and party discipline across the country.

 

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BIG STORY

Abductions: US Demands Action, FG Vows To Track Bandits

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The United States has raised serious concerns over Nigeria’s ability to protect Christian communities following the abduction of 177 worshippers in Kaduna State, as bandits were on Thursday sighted moving freely through forest corridors with their captives, days after storming churches without resistance.

On Sunday, gunmen attacked three churches in Kurmin Wali community in the Kajuru Local Government Area of Kaduna State and whisked away more than 177 worshippers, with 11 managing to escape, while 166 are still in captivity.

The US warning came as a high-level delegation of their officials arrived in Nigeria on Thursday on a week-long diplomatic tour aimed at reviewing counterterrorism efforts and the protection of vulnerable religious groups across Africa, the Middle East and Europe.

The meeting is part of the United States-Nigeria Joint Working Group and was co-chaired by the National Security Adviser, Nuhu Ribadu, and the US Under Secretary of State for Political Affairs, Allison Hooker.

It took place amid heightened diplomatic tensions after US President Donald Trump redesignated Nigeria as a Country of Particular Concern over alleged religious freedom violations. However, the Federal Government has repeatedly dismissed claims of systemic Christian persecution, maintaining that insecurity affects citizens of all religious backgrounds.

Hooker said recent attacks showed that despite reported security operations, Christian communities in parts of northern Nigeria remained dangerously exposed.

Hooker said, “Today, we are here to discuss how we can work together to deter violence against Christian communities; prioritising countering terrorism and insecurity; investigating attacks and holding perpetrators accountable; and reducing the number of killings, forced displacements, and abductions of Christians, particularly in the North Central States.

“On the protection of Christians, the Nigerian government recently secured the release of 38 Christians abducted from a church in Kwara state, and another 265 abducted from St. Mary’s Catholic school. This real progress is a direct result of our engagement with the Nigerian government.

“However, we are concerned about recent reports that gunmen kidnapped more than 170 Christians in Kaduna state on January 18. The government of Nigeria must do more to protect Christians and their right to practice their faith freely and safely.”

Hooker said the mass abduction in Kaduna underscored persistent security failures that the Nigerian government must urgently address.

She added that advancing religious freedom and security would deepen US-Nigeria relations in other areas, including trade, economic cooperation, health responses and the fight against terrorism.

She said, “Advancing religious freedom and security will help the United States and Nigeria to enhance the reciprocal benefits of our relationship: solidifying trade and economic deals, degrading terrorist groups that threaten our interests, and strengthening health responses, among many other areas. We hope to identify some ways to return internally displaced persons to the communities from which they were expelled in the North Central States, interdict weapons and funding going to terrorist groups, and expand investigations and ensure prosecution of individuals and groups committing atrocities.”

Her comments came amid fresh field reports confirming that the abductors of the Kurmin Wali worshippers were seen trekking with their victims between Ungwan Gamu and Maro communities in Kajuru Local Government Area, exploiting forest routes long known as bandit hideouts.

The abductors have reportedly demanded the return of 17 motorcycles, valued at N28.9m, which they claim were seized during recent military operations, as a condition for the release of the victims.

In response, National Security Adviser, Nuhu Ribadu, acknowledged the gravity of the situation, saying the Federal Government had intensified joint military operations, intelligence coordination and investigations into attacks on religious communities.

Ribadu said violence framed along religious lines was unacceptable and would be treated as an attack on the Nigerian state, assuring that perpetrators would be tracked and prosecuted.

“Nigeria is a deeply plural society, and the protection of all citizens: Christians, Muslims, and those of other beliefs, is non-negotiable. Violence framed along religious lines is treated as an attack on the Nigerian state itself. Our response, therefore, integrates security operations, rule of law, humanitarian safeguards and strategic communication, ensuring that operational successes translate into public confidence and strengthened social cohesion,” he said.

Ribadu said President Bola Ahmed Tinubu had authorised expanded security deployments, enhanced intelligence coordination and stronger investigations into attacks on religious communities, assuring that perpetrators would be tracked and prosecuted.

He said, “At the national level, and under the leadership of President Bola Ahmed Tinubu, Nigeria has taken deliberate and decisive steps to confront insecurity. The President has formally declared national security emergencies in vulnerable and high-risk areas, authorised intensified joint operations, and directed the sustained deployment of security forces to priority locations, particularly those communities experiencing recurrent attacks on civilians and religious groups.

“These directives have been matched with concrete action. Nigeria is expanding early-warning and rapid-response mechanisms, developing a national database to serve as a single, authoritative source of accurate and verifiable data on deaths and casualties arising from violence. This effort will strengthen evidence-based decision-making, accountability, and the effectiveness of security responses. Parallel to this, investigations and prosecutions related to attacks on religious communities have been intensified to ensure that violence is met not only with force, but with justice and accountability.”

Briefing journalists after the meeting, the Minister of Information and National Orientation, Mohammed Idris, said the engagement reflected sustained efforts to deepen security partnerships and deliver concrete results.

“This is the third high-level engagement with senior United States officials since November 2025. It shows that our partnership is active, serious, and focused on outcomes that matter to Nigerians,” Idris said in a statement by his media aide, Rabiu Ibrahim.

He noted that collaboration between the two countries had translated into operational gains on the ground.

“Our military and security agencies are working closely with US partners through intelligence sharing and operational coordination, and have strengthened ongoing operations, including Operation Hadin Kai in the North East and Operation Fasan Yamma,” he added.

Idris also highlighted the US commitment to deliver outstanding military equipment procured over the past five years, including drones, helicopters, and support systems, and noted readiness to provide surplus defence equipment.

On domestic measures, he stated, “Nigeria is acting decisively. Security agencies have clear instructions to protect communities and respond swiftly to threats.”

He added that the Federal Government was strengthening early-warning systems and developing a national database to generate accurate figures on deaths and casualties linked to violence.

“This will give us a single, trusted source of data to guide decisions, improve accountability, and sharpen our security response,” he said.

The minister urged Nigerians to remain patient and supportive as reforms continue.

“Our responsibility is to keep Nigerians informed and reassured. The work being done today is to ensure a safer country tomorrow,” he added.

The session was attended by senior Nigerian officials, including the Minister of Defence, Gen. Christopher Gwabin Musa (retd.), the Chief of Defence Staff, Gen. Olufemi Oluyede, and the Inspector General of Police, Kayode Egbetokun. Aside Hooker, the US delegation included Deputy Commander of AFRICOM Lt. Gen. John Brennan, and other senior officials.

Other countries that the US Under Secretary is billed to visit are Muscat, Oman; Manama, Bahrain; and Rome, Italy, the US Department of State announced in a statement on Wednesday.

Her itinerary includes strategic dialogues in Oman and Bahrain, where she will lead discussions aimed at advancing cooperation on a range of security, economic and cultural priorities with both governments.

In Rome, she will engage with international partners and counterparts on major global issues, including the Russia-Ukraine war, Venezuela and peace efforts in the Middle East.

She is also scheduled to meet representatives of United Nations agencies such as the World Food Programme and the Food and Agriculture Organisation to discuss oversight and accountability for US-funded assistance programmes, and to explore new agricultural trade opportunities for American farmers.

Hooker, who was appointed Under Secretary of State for Political Affairs in 2025, oversees key regional and bilateral policy issues across the State Department and plays a central role in shaping US diplomatic engagements globally.

The Village Head of Kurmin Wali, Ishaku Dan’azumi, told newsmen on Thursday that the sighting of the abductors and their victims followed threats issued by the abductors after they detected the presence of security operatives in the area.

Dan’azumi told newsmen in a telephone interview that the abductors and their victims were seen trekking on foot between neighbouring Ungwan Gamu and Maro communities. However, their exact destination could not be ascertained.

“They (abductors) accused us of bringing soldiers and claimed powerful people were backing us,” Dan’azumi said. “After that call, they disappeared. This (Thursday) morning, we were told that they were seen moving on foot with our people between Ungwan Gamu and Maro, but we do not know exactly where they are heading,” he said.

According to the traditional ruler, the development followed threats allegedly issued by the bandits on Wednesday evening after they noticed the presence of security operatives in the area.

“They said we were claiming to have ‘big people’ backing us because of the military presence,” Dan’azumi said.

 

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