Editorial
Immortalising Herbert Wigwe
Tears and emotions are running high as the countdown to the burial of the Wigwes draws nearer. Herbert Onyewumbu Wigwe, his wife, Chizoba, and their eldest son, Chizi, tragically lost their lives in a helicopter crash in the United States of America. Among the victims was the former Chairman of the Nigerian Exchange Group Plc, Abimbola Ogunbanjo. The families of the deceased have released a week-long burial programme for the late Wigwes, starting on March 4, and culminating in the burial on March 9.
Herbert Wigwe was born on August 15, 1966, in Ibadan and died at 58. He hailed from Isiokpo, Ikwerre Local Government Area of Rivers State. His father was the head of the Nigerian Television Authority (NTA), and his mother was a nurse. Herbert earned a bachelor’s degree in Accountancy from the University of Nigeria, Nsukka, in 1987. He then pursued a Master’s degree in Banking and International Finance from the University College of North Wales, followed by a Master’s degree in Financial Economics from the University of London.
He began his career at Coopers & Lybrand Associates, where he developed chartered accountancy skills. He then worked at Guaranty Trust Bank Plc for over a decade, taking on various leadership roles. In 2002, he led the transformation of Access Bank Plc as its Deputy Managing Director. He became Group Managing Director/CEO in 2014, leading Access Bank to become one of Nigeria’s top five banking institutions. He also served as the Chairman of Access Bank Ghana Limited, Access Investment & Securities Limited, Central Securities and Clearing System (CSCS), and was the Chairman of Access Bank (UK) Limited until his passing.
In 2016, in recognition of his exemplary role in society and contributions to youth development, the Boys’ Brigade (BB) appointed Herbert as Patron for Lagos State Council. He was also named Banker of The Year in the same year by both The Sun and Vanguard newspapers.
Herbert Wigwe’s personal life was defined by his unwavering commitment to family, faith, and a wide range of interests. He was happily married to Chizoba Doreen Wigwe (nee Nwuba), a successful lawyer and entrepreneur. The couple was blessed with four children: Chizi, Tochi, Hannah, and David. Herbert’s devotion to his family was apparent in the precious moments he shared with them, cherishing every opportunity to be together.
A man of strong faith, he was known for his devout Christianity and active participation in the activities of Redeemed Christian Church of God (RCCG). As a pastor and mentor within his faith community, he impacted the lives of many with his wisdom and guidance. Herbert’s dedication to his beliefs was evident in the way he lived his life, always striving to be a positive example to those around him. He had unwavering commitment to his faith, and his influence within the church was profound.
His humanitarian efforts have had a significant impact through the non-profit organisation he established in 2016 — The HOW Foundation. As a result of his successful and selfless service to millions of underprivileged individuals in society, he was honoured with the Nigerian national award of Commander of the Order of the Niger (CON) by former President Muhammadu Buhari in October 2022.
The pride of Ikwerreland, and indeed, Rivers State, lies in the upcoming world-class Wigwe University located at Isiokpo, the headquarters of Ikwerre Local Government Area. Herbert had invested half a billion dollars in the institution, focusing on management, science and engineering, Information Technology (IT) and creative arts. The institution is due for commissioning in September 2024, bringing a new era of higher education to the region.
The passing of Dr Herbert Wigwe has left a deep void in the hearts of many, with tributes pouring in from all over the world. President Bola Tinubu expressed his shock and sorrow at the “overwhelming tragedy of Dr Wigwe’s death”. Governors also paid their respects, highlighting his industry, spirit of excellence, and status as a business icon of repute.
During the Night of Tributes in Port Harcourt, the Rivers State Governor, Sir Siminalayi Fubara, acknowledged Herbert’s impactful life and positive influence on society. Fubara expressed his administration’s determination to immortalise him as a worthy son of the state. He described his passing as a double loss, both as an in-law and as a trailblasing individual who embodied the resilience and ambition of Rivers people.
The Senate paid tributes to the late Herbert Wigwe, expressing sorrow over his passing and acknowledging the immense loss to Nigeria, Africa, and the world. A former governor and classmate of Wigwe at Federal Government College in Sokoto, Senator Aminu Tambuwal, shared his memories of his generosity in providing 10 Hajj seats to his people even though he was a Christian. Senate President Godswill Akpabio praised the late finance expert as a true pan-Africanist who successfully expanded Access Bank’s global reach.
The outpouring of grief and messages within the country and across the world testify to Herbert’s extraordinary qualities and outstanding contributions. He was an exceptional person who never let his remarkable achievements diminish his compassion for others. While some people lose touch with their roots after reaching the pinnacle of success, he remained connected to people from all walks of life. He maintained relationships with his high-profile acquaintances, as well as with his secondary school classmates, church members, village chiefs, community leaders, and former colleagues.
From one end of the spectrum to the other, Herbert consistently embodied his witty, kind, humorous, and amiable self. He had a deep passion for youths and initiated numerous mentorship programmes for them. His philanthropic efforts through his foundation are widely recognised. The establishment of a university for what he called the ‘fearless’ generation will always be a lasting legacy. We are thrilled that the individuals he brought together to bring the university to life have pledged to continue his dream.
Undeniably, the late Herbert Wigwe deeply connects with our shared social awareness. Therefore, in line with Governor Fubara’s stance, we strongly believe that the esteemed banker should be commemorated for his remarkable and exceptional character. This will serve to educate present and future generations on the values of hard work, innovation, and perseverance. By immortalising him, we can inspire people to strive for greatness and contribute to the creation of a society that is as commendable as those we choose to celebrate.
May God grant their souls: Dr Herbert Wigwe, his lovely wife, Chizoba Doreen, and son, Chizi, eternal rest!
Editorial
Strike: Heeding ASUU’s Demands
Editorial
Making Rivers’ Seaports Work
When Rivers State Governor, Sir Siminalayi Fubara, received the Board and Management of the Nigerian Ports Authority (NPA), led by its Chairman, Senator Adeyeye Adedayo Clement, his message was unmistakable: Rivers’ seaports remain underutilised, and Nigeria is poorer for it. The governor’s lament was a sad reminder of how neglect and centralisation continue to choke the nation’s economic arteries.
The governor, in his remarks at Government House, Port Harcourt, expressed concern that the twin seaports — the NPA in Port Harcourt and the Onne Seaport — have not been operating at their full potential. He underscored that seaports are vital engines of national development, pointing out that no prosperous nation thrives without efficient ports and airports. His position aligns with global realities that maritime trade remains the backbone of industrial expansion and international commerce.
Indeed, the case of Rivers State is peculiar. It hosts two major ports strategically located along the Bonny River axis, yet cargo throughput has remained dismally low compared to Lagos. According to NPA’s 2023 statistics, Lagos ports (Apapa and Tin Can Island) handled over 75 per cent of Nigeria’s container traffic, while Onne managed less than 10 per cent. Such a lopsided distribution is neither efficient nor sustainable.
Governor Fubara rightly observed that the full capacity operation of Onne Port would be transformative. The area’s vast land mass and industrial potential make it ideal for ancillary businesses — warehousing, logistics, ship repair, and manufacturing. A revitalised Onne would attract investors, create jobs, and stimulate economic growth, not only in Rivers State but across the Niger Delta.
The multiplier effect cannot be overstated. The port’s expansion would boost clearing and forwarding services, strengthen local transport networks, and revitalise the moribund manufacturing sector. It would also expand opportunities for youth employment — a pressing concern in a state where unemployment reportedly hovers around 32 per cent, according to the National Bureau of Statistics (NBS).
Yet, the challenge lies not in capacity but in policy. For years, Nigeria’s maritime economy has been suffocated by excessive centralisation. Successive governments have prioritised Lagos at the expense of other viable ports, creating a traffic nightmare and logistical bottlenecks that cost importers and exporters billions annually. The governor’s call, therefore, is a plea for fairness and pragmatism.
Making Lagos the exclusive maritime gateway is counter productive. Congestion at Tin Can Island and Apapa has become legendary — ships often wait weeks to berth, while truck queues stretch for kilometres. The result is avoidable demurrage, product delays, and business frustration. A more decentralised port system would spread economic opportunities and reduce the burden on Lagos’ overstretched infrastructure.
Importers continue to face severe difficulties clearing goods in Lagos, with bureaucratic delays and poor road networks compounding their woes. The World Bank’s Doing Business Report estimates that Nigerian ports experience average clearance times of 20 days — compared to just 5 days in neighbouring Ghana. Such inefficiency undermines competitiveness and discourages foreign investment.
Worse still, goods transported from Lagos to other regions are often lost to accidents or criminal attacks along the nation’s perilous highways. Reports from the Federal Road Safety Corps indicate that over 5,000 road crashes involving heavy-duty trucks occurred in 2023, many en route from Lagos. By contrast, activating seaports in Rivers, Warri, and Calabar would shorten cargo routes and save lives.
The economic rationale is clear: making all seaports operational will create jobs, enhance trade efficiency, and boost national revenue. It will also help diversify economic activity away from the overburdened South West, spreading prosperity more evenly across the federation.
Decentralisation is both an economic strategy and an act of national renewal. When Onne, Warri, and Calabar ports operate optimally, hinterland states benefit through increased trade and infrastructure development. The federal purse, too, gains through taxes, duties, and improved productivity.
Tin Can Island, already bursting at the seams, exemplifies the perils of over-centralisation. Ships face berthing delays, containers stack up, and port users lose valuable hours navigating chaos. The result is higher operational costs and lower competitiveness. Allowing states like Rivers to fully harness their maritime assets would reverse this trend.
Compelling all importers to use Lagos ports is an anachronistic policy that stifles innovation and local enterprise. Nigeria cannot achieve its industrial ambitions by chaining its logistics system to one congested city. The path to prosperity lies in empowering every state to develop and utilise its natural advantages — and for Rivers, that means functional seaports.
Fubara’s call should not go unheeded. The Federal Government must embrace decentralisation as a strategic necessity for national growth. Making Rivers’ seaports work is not just about reviving dormant infrastructure; it is about unlocking the full maritime potential of a nation yearning for balance, productivity, and shared prosperity.
Editorial
Addressing The State Of Roads In PH
-
City Crime4 days ago
RSG Ready For 2030 Digital Transformation
-
Opinion3 days agoA Renewing Optimism For Naira
-
Business4 days agoFG Fixes Uniform Prices for Housing Units Nationwide, Approves N12.5m For 3-bedroom Bungalow ……..Says Move To Enhance Affordability, Ensures Fairness
-
News3 days agoReps Summon NAFDAC, Police, Others For Illicit Drug Probe
-
Niger Delta4 days ago
Coy Advocates Indigenous Innovation For Africa’s Energy Future
-
News3 days agoDangote Begins Refinery Expansion To 1.4mbpd
-
Business4 days agoNDDC Unveils Naval Facilities To Boost Region’s Security
-
News4 days agoRIVERS PEACE EFFORTS YIELDING RESULTS, SAYS FUBARA ….Promises Rehabilitation Of Internal Roads, GSS Akabuka
