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Vanguard Newspaper 1st January 2019

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Like any other nation <strong>of</strong> the<br />

world that is faced with<br />

challenges on the Ease <strong>of</strong><br />

Doing Business, the<br />

Nigerian business environment<br />

has <strong>of</strong>ten been described as<br />

tough, given the realities <strong>of</strong><br />

insecurity, multiple taxation,<br />

infrastructural deficits which<br />

include but not limited to poor<br />

electricity and bad roads, as well<br />

as the slow rate <strong>of</strong> economic<br />

growth occasioned by<br />

fluctuating oil p<strong>rice</strong>.<br />

Reports have shown<br />

appreciable growth recorded by<br />

some corporate organizations in<br />

Nigeria despite these<br />

challenges and the outstanding<br />

heights they have attained<br />

today, would not have been<br />

SUNDAY VANGUARD, DECEMBER 1, 2019, PAGE 25<br />

SPECIAL SECTION ON OUTSTANDING CEOs<br />

possible without the<br />

painstaking ef<strong>for</strong>ts <strong>of</strong> some<br />

thorough-bred and purposedriven<br />

Chief Executive Officers<br />

(CEOs) who have through<br />

exemplary leadership skills<br />

made their various<br />

organizations succeed against<br />

all odds. Such CEOs obviously<br />

deserve recognition <strong>for</strong> their<br />

uncommon resilience and<br />

innovation.<br />

•Becky Damilola-Oke •Boma Femi Julius<br />

•Tommy Odama •Austin Ume Zurike •Victor Ehimuan<br />

The Amazon Of The Nigerian Real Estate Industry<br />

budget <strong>of</strong> N10.6 trillion, the Federal country. If we want to solve the deficit<br />

Ministry <strong>of</strong> Works and Housing is under the four years remaining <strong>for</strong><br />

only getting six percent. Out <strong>of</strong> the this administration, we will need a<br />

six percent, the minister says capital minimum <strong>of</strong> seven million houses<br />

projects will take 80 percent while per year and the only way this can<br />

the remaining 20 percent will go be achieved is <strong>for</strong> the government to<br />

into housing, which means there bring <strong>for</strong>eign and local investors<br />

will be more deficits.<br />

together to map out strategies to<br />

achieve this. If this can be done, the<br />

deficit will reduced by at least 70<br />

percent, but is obvious the federal<br />

government is looking in this<br />

direction.<br />

State governments should<br />

Engr Dr. Becky<br />

Damilola-Oke<br />

GMD/CEO, Bstan Group<br />

She is a core pr<strong>of</strong>essional in<br />

engineering and construction<br />

with 18 years <strong>of</strong> pr<strong>of</strong>essional<br />

experience, Engr Dr. Becky<br />

Damilola-Oke is the Group<br />

Managing Director <strong>of</strong> Bstan Group.<br />

She bagged her first degree in civil<br />

engineering at the University <strong>of</strong><br />

Benin, thereafter, she proceeded to<br />

the prestigious Ox<strong>for</strong>d University,<br />

UK where she obtained a master<br />

degree in construction<br />

management. She later attended<br />

Dominican University, USA <strong>for</strong> a<br />

doctorate degree in estate<br />

management and civil construction.<br />

She is a member <strong>of</strong> the Nigerian<br />

Society <strong>of</strong> Engineers (NSE) and the<br />

Council <strong>for</strong> the Regulation <strong>of</strong><br />

Engineering in Nigeria (COREN)<br />

among other pr<strong>of</strong>essional institutes.<br />

About Bstan Homes<br />

We have been in the industry <strong>for</strong><br />

12 years and we have done so much<br />

in the real estate industry. I<br />

branched from pure construction to<br />

real estate because I have passion<br />

<strong>for</strong> people and looking at the<br />

housing needs in Nigeria, I want<br />

to be a stakeholder in impacting<br />

lives through the provision <strong>of</strong><br />

shelter. I believe every Nigerian<br />

should have a home, but we don’t<br />

have the enabling policies and<br />

there is less support from the<br />

government. We have completed<br />

over 22,000 housing units across<br />

Nigeria and we are currently<br />

working on the construction <strong>of</strong><br />

20,000 housing units across seven<br />

e<strong>states</strong> located in Abuja, Lagos and<br />

Port Harcourt.<br />

Challenges <strong>of</strong> real estate<br />

development in Nigeria<br />

The Land Use Act is the greatest<br />

challenge hindering the growth <strong>of</strong><br />

the real estate industry because<br />

land titles are not regulated as they<br />

should. During the eighth<br />

assembly, the amendment <strong>for</strong> the<br />

act scaled through the first reading<br />

and nothing was heard again, the<br />

ninth assembly is here and we are<br />

still advocating <strong>for</strong> the act to be<br />

passed to law. It is the reason why<br />

<strong>for</strong>eign investors are not interested<br />

in the Nigerian housing sector.<br />

When it becomes a law, the new<br />

act will ensure that land titles are<br />

duly regulated, it will abolish<br />

bureaucracy and mortgage will<br />

work as it ought to. It will also put<br />

an end to scams perpetrated by<br />

companies that are not meant to be<br />

in business.<br />

Another issue is that the sector is<br />

underfunded. Out <strong>of</strong> a total national<br />

•Oladipo Raji •Ebenezer Olufowose •Kabir Ayinde<br />

•Becky Damilola-Oke<br />

Bridging the gap in demand and<br />

supply <strong>for</strong> housing<br />

The housing deficit in Nigeria is<br />

alarming. If it should be truly<br />

measured, we should be hitting<br />

50 million because the<br />

population is growing and<br />

people are being<br />

displaced every year by<br />

flooding and insurgency<br />

in some parts <strong>of</strong> the<br />

encourage Public-Private<br />

Partnership by releasing lands to<br />

developers who will build houses,<br />

because government cannot do<br />

everything. PPP is a system that<br />

works all over the world, when the<br />

right policies are in place.<br />

BOMA JULIUS: Developing Careers<br />

In The Oil And Gas Sector<br />

He is drilling fluids<br />

specialist with a passion<br />

<strong>for</strong> imparting knowledge<br />

to others. Engr. Boma Femi Julius<br />

is the CEO <strong>of</strong> Globat Oil and Gas<br />

Skills; a training institute which<br />

specializes in petroleum<br />

processes, technical and<br />

operational procedures as well as<br />

project management.<br />

An alumnus <strong>of</strong> the Federal<br />

University <strong>of</strong> Technology, Owerri<br />

where he obtained a bachelor <strong>of</strong><br />

engineering degree in polymer<br />

and textile engineering, Julius<br />

started his career in the oil and gas<br />

industry as a mud engineer with<br />

Geo-Fluids Limited and he has<br />

gone on to work with a number <strong>of</strong><br />

companies across African and the<br />

Middle East including<br />

Schlumberger, Baker Hughes and<br />

Saudi Aramco. To further enhance<br />

his skills, he also trained at<br />

Petroskills and Murchison<br />

Drilling School both in the USA.<br />

According to him, he was<br />

inspired to set up the institute<br />

given the fact that a large number<br />

<strong>of</strong> Nigerian oilfield workers don’t<br />

have the funds to go abroad <strong>for</strong><br />

training. He said, “Training people<br />

has always been a part <strong>of</strong> me.<br />

During the course <strong>of</strong> my career<br />

abroad, I discovered that even<br />

though the local content act has<br />

helped in empowering Nigerians<br />

with oil and gas skills, the level <strong>of</strong><br />

education is still low. Oftentimes,<br />

some <strong>of</strong> friends in Nigeria would<br />

call me to explain certain processes<br />

to them, so I decided to set up Globat<br />

Skills to enhance technical and<br />

pr<strong>of</strong>essional competence among<br />

our engineers because it is<br />

expensive to go abroad <strong>for</strong><br />

training.”<br />

He added that the training at the<br />

institute which is based on<br />

American Petroleum Institute (API)<br />

curriculum covers both theory and<br />

practical sessions with the approval<br />

<strong>of</strong> the Department <strong>for</strong> Petroleum<br />

Resources (DPR). Also, Globat<br />

Skills is affiliated with reputable oil<br />

and gas training institutes which<br />

assist in facilitating international<br />

certification <strong>for</strong> trainees.<br />

Since the inception <strong>of</strong> the<br />

company in 2015, the company has<br />

contributed to the career<br />

progression <strong>of</strong> Nigerians in the oil<br />

InfraFocus Technologies Limited,<br />

ConnectFocus Technologies<br />

Limited, S<strong>of</strong>tFocus Technologies<br />

Limited, SmartFocus Technologies<br />

Limited and S<strong>of</strong>t Solution Concept<br />

Limited.<br />

An alumnus <strong>of</strong> Federal<br />

Polytechnic Ado-Ekiti, Lagos<br />

Business School and the Federal<br />

University <strong>of</strong> Technology, Akure,<br />

within a space <strong>of</strong> four years, Raji has<br />

grown the Focus Group from an<br />

and gas sector, some <strong>of</strong> whom are<br />

now gainfully employed in Kuwait,<br />

Gabon, Saudi Arabia and<br />

Nigeria.<br />

“When we started, I<br />

wanted our trainees to be<br />

the best, so I brought in<br />

pr<strong>of</strong>essionals from different areas <strong>of</strong><br />

the industry to teach various<br />

courses. These are leading technical<br />

experts who are adept at addressing<br />

the challenges the industry is facing<br />

today by combining academicbased<br />

learning with hands-on<br />

training. Till date, we still bring in<br />

experts from USA and other<br />

countries to train our students.<br />

“This is our way <strong>of</strong> contributing<br />

to the local content initiative and we<br />

have been getting recommendation<br />

from our past students. It gladdens<br />

my heart to know that we are<br />

developing careers and helping<br />

people gain employment. When we<br />

started, people were coming on<br />

their own, but now, we have<br />

companies that are sending their<br />

staff <strong>for</strong> training”, he in<strong>for</strong>med<br />

With a vision to build an institute<br />

that will outlive him, Julius<br />

in<strong>for</strong>med that a branch <strong>of</strong> the<br />

SME to become a powerhouse in<br />

the Nigerian ICT sector. Earlier in<br />

the year, the company became the<br />

youngest ICT group to be certified<br />

to the ISO9001:2015 standard in<br />

sub-Saharan Africa.<br />

Describing the operations <strong>of</strong> each<br />

<strong>of</strong> the subsidiaries, Raji explained<br />

that the flagship subsidiary which<br />

is InfraFocus Technologies provides<br />

hardware and infrastructure<br />

solutions around servers, storage,<br />

Future plans <strong>for</strong> Bstan<br />

Homes<br />

Part <strong>of</strong> our plan <strong>for</strong> the year 2020<br />

is to work with <strong>states</strong> ravaged by<br />

insurgency in building IDP homes<br />

where the people can be resettled.<br />

Our projects in Abeokuta and<br />

Ibadan will soon be coming up as<br />

part <strong>of</strong> the plans to expand our<br />

operations to other <strong>states</strong> <strong>of</strong> the<br />

federation where we will build<br />

af<strong>for</strong>dable homes <strong>for</strong> Nigerians.<br />

Our immediate goal is to take over<br />

the nation as the choice provider <strong>of</strong><br />

af<strong>for</strong>dable homes and at the same<br />

time create employment<br />

opportunities <strong>for</strong> Nigerians.<br />

institute will soon be coming up in<br />

Lagos and Ghana, while the South<br />

African branch will start classes in<br />

the first quarter <strong>of</strong> 2020. “I have<br />

observed that the reason why we<br />

don’t have indigenous companies<br />

that are over 50 years is because the<br />

entrepreneurial understanding and<br />

exposure <strong>of</strong> most business owners<br />

in Nigeria ends within the<br />

satisfaction <strong>of</strong> their family circle.<br />

The founder <strong>of</strong> Julius Berger is no<br />

more, but the company is<br />

challenging the trend to meet up<br />

with the standards <strong>of</strong> the modern.<br />

The vision <strong>for</strong> us is big, but the<br />

immediate plan is to stabilize our<br />

current structure. We are also<br />

working on extending our services<br />

to cover recruitment <strong>for</strong> oil and gas<br />

firms in Nigeria, such that we can<br />

assist our students with job<br />

placements after training”, he<br />

in<strong>for</strong>med.<br />

We Create The Future To Stay Ahead Of Competition<br />

Oladipo Raji<br />

President/CEO, Focus Group<br />

ladipo Raji is the President/<br />

OCEO <strong>of</strong> Focus Group; one <strong>of</strong><br />

the fastest growing ICT<br />

conglomerates in Nigeria with a<br />

clear focus on providing end-toend<br />

ICT solutions and services to<br />

solve present and future problems<br />

with five subsidiaries namely,<br />

•Victor Ekpenyong<br />

•Boma Femi Julius<br />

end user devises, and data center<br />

infrastructure. ConnectFocus<br />

Technologies provides network and<br />

connectivity solutions around Local<br />

Area Network (LAN), Metropolitan<br />

Area Network (MAN), wide Area<br />

Network (WAN) and system<br />

integration.<br />

S<strong>of</strong>tFocus Technologies <strong>of</strong>fers<br />

s<strong>of</strong>tware solutions <strong>for</strong> front end<br />

Continues on pg 30

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