Dr. Lina Eze: A Woman of Influence Accelerating Action for Women’s Empowerment

As the world marks International Women’s Day 2025 on March 8th, with the theme “Accelerate Action”, the spotlight shines on one of Nigeria’s most inspiring women leaders, Dr. Lina Eze, Managing Director of Tenece Holdings Limited. With her impressive track record in business, technology, and sustainability, Dr. Eze is a true trailblazer, paving the way for future generations of women leaders.
In this exclusive interview with MARY NNAH, she shares her insights on women’s empowerment, leadership, and entrepreneurship, as well as her vision for Tenece Holdings Limited and its commitment to driving positive change in Nigeria.

Can you tell us about your journey to become the Managing Director of Tenece Holdings Limited?

Like they say, the journey of a thousand miles begins with a single step—I hope that’s how the saying goes (laughs).
Anyway, my journey to becoming the Managing Director of Tenece Holdings Limited (THL) started over 15 years ago. We began our careers like many other young people who sought a better life for themselves. After university, I completed my National Youth Service Corps (NYSC) in Wailo, Bauchi, which is in the northern part of Nigeria.
I often use “we” to describe my journey because I met my husband, who is now my life and business partner, during my NYSC. After our service, we began job hunting; he (Sir K) relocated to Lagos while I went to Port Harcourt. I was more interested in working with oil and gas companies due to the financial prospects, and I had the added benefit of living with my older sister. However, Sir K encouraged me to join him in Lagos because there were more opportunities there. That’s how I eventually found myself in Lagos.

Initially, life in Lagos was overwhelming for me because of the fast-paced hustle and bustle, which contrasted sharply with the slow, relaxed atmosphere I was used to in the north. I started my career at the then Diamond Bank in the electronic purse unit of the Information Technology department. One of my key responsibilities was to champion the setup and installation of automated teller machines in the pioneer branches and provide support to users.

After working at Diamond Bank for over three years, I felt the need for a new challenge, so I decided to pursue a master’s degree in Environmental Diagnostics/Management. I hoped to return to the oil and gas sector, aiming to work with companies like ExxonMobil, Shell, LNG, and NNPC. However, despite having a first-class degree in Chemical Engineering and a distinction in Environmental Diagnostics, I faced frustration after multiple unsuccessful applications.

Since my ideal job in the oil and gas sector was not materializing, I sought opportunities elsewhere. Thanks to my network at the time, I was able to secure positions with consulting firms owned by former Accenture employees. This phase of my career allowed me to gain exposure to a wide range of business consulting experiences, including organizational restructuring, process design, and financial modelling, across various sectors such as manufacturing, oil and gas, information technology, and both public and private sectors. I travelled to different locations for various projects.

While accumulating these experiences, I was also supporting our company, Tenece Professional Services Limited, which we registered in May 2006, from home. In 2009, I decided to stop working with the consulting firms and focus on establishing our Lagos office. I handled all back-office services, including administration, human resources, finance, brand and corporate communications, internal control and compliance, and legal matters. By 2012, we had built a significant level of capacity, which enabled us to hire a large number of employees.

Today, Tenece has evolved from a single organization—Tenece Professional Services, Nigeria, which has branches in Enugu, Lagos, and Abuja—into a conglomerate (Tenece Group) with interests in consumer goods, real estate, energy/power, agriculture, IT, and entertainment. Tenece Professional Services Ltd. operates in ten countries, serves 168 clients, has completed 1,067 projects, and boasts an annual turnover of approximately $120 million—all achieved through bootstrapping without any external capital injection.
Currently, I serve as the Managing Director of the group company, which houses the shared services centre that provides administration, human resources, finance, brand and corporate communications, internal control and compliance, and legal services to all subsidiaries within the group. We currently have twenty-two subsidiaries in our group, including Chloe Hygiene & Baby Products Limited (Chloe – manufacturers of Eight table & dispenser water and Supaklin table water); Private Estates International West Africa Limited (PEIWA – owners of the Enugu Lifestyle & Golf City Project).

How do you leverage your diverse experience in banking, IT, and management consulting to drive growth and innovation at Tenece Holdings?

There is a saying that “man proposes, and God disposes.” God knows the end from the beginning.
Looking at my career trajectory and experiences, it may appear to be a well-curated plan -combining IT and management consulting with exposure to relevant industries, a master’s in environmental diagnostics, a master’s in management research, and a PhD in strategy and general management with a focus on entrepreneurship and family business.
However, that is not the case. I once badly wanted to work with an oil company, but I am grateful that did not work out. I take pride in what we have built today, especially considering the challenging economic environment for doing business in Nigeria.
My background in banking has equipped me with strong financial management skills, which I apply to enhance profitability and sustainability across Tenece’s subsidiaries. I utilize my knowledge of risk management principles to identify and mitigate potential risks in our business operations. My experience in IT has enabled us to implement digital transformation initiatives across Tenece, leveraging technology to improve efficiency, reduce costs, and enhance customer experience across all businesses in our group. I foster a culture of innovation by using IT to develop new products, services, and business models that drive growth and competitiveness.
My management consulting background has provided me with expertise in strategic planning, which I use to develop and implement growth strategies across Tenece’s subsidiaries. I apply my knowledge of operational excellence principles to optimize business processes, eliminate inefficiencies, and enhance productivity across our operations. My diverse experience has allowed me to cultivate interconnected thinking, enabling me to identify opportunities for synergy and collaboration among Tenece’s subsidiaries. I am committed to developing and mentoring talent within the organisation, ensuring that our people possess the skills and expertise needed to drive growth and innovation. I encourage heads of departments and team leads to think like entrepreneurs.

As a strategist and organisational transformation expert, what’s your approach to managing a diversified conglomerate like Tenece Holdings?

To whom much is given, much is expected. My approach to managing a diversified conglomerate like Tenece Holdings involves several key strategies. First, I ensure that the strategy of each subsidiary aligns with the overall vision and objectives of the group. I regularly monitor and evaluate the performance of each subsidiary to identify areas for improvement and opportunities for growth.
I leverage shared services across subsidiaries to drive efficiency, reduce costs, and enhance capabilities. Encouraging collaboration and innovation among subsidiaries is essential; therefore, I foster a culture of knowledge sharing and the adoption of best practices.
Establishing a robust governance framework ensures transparency, accountability, and oversight across the group. Balancing centralized oversight with subsidiary autonomy allows each business to operate with flexibility and agility.
Additionally, I focus on developing and implementing a group-wide talent management strategy that identifies, develops, and deploys key talent across the organisation. Investing in leadership development programs equips subsidiary leaders with the skills and expertise necessary to drive growth and innovation.
Furthermore, I aim to develop a comprehensive digital strategy that leverages technology to enhance growth, innovation, and operational efficiency. By establishing innovation incubation programs, I encourage experimentation, entrepreneurship, and intrapreneurship within the group.
I also emphasise the importance of a solid risk governance framework that identifies, assesses, and mitigates risks across the group, ensuring that all subsidiaries comply with relevant laws, regulations, and industry standards.
Finally, I implement stakeholder engagement strategies that foster trust, loyalty, and advocacy. This involves identifying and mapping key stakeholders across the group, including partners, customers, employees, investors, and regulators.

Your experience in information technology is quite extensive. How do you see IT evolving in the next few years, and how is Tenece Holdings positioned to capitalize on these trends?

The IT landscape is undergoing a remarkable transformation. In the coming years, we anticipate groundbreaking advancements in Artificial Intelligence (AI), Cloud Computing, Cybersecurity, and the Internet of Things (IoT). These innovative technologies will redefine the way businesses, governments, and societies operate, unlocking new opportunities while presenting fresh challenges.
As a seasoned IT company, we are proud to be at the forefront of this evolution. With over 15 years of experience delivering cutting-edge technology solutions, we have solidified our position as a trusted partner for businesses across Africa. Our commitment to enhancing operational efficiency, fostering innovation, and facilitating digital transformation sets us apart. Tenece is your bridge between ambition and achievement, providing bespoke technology solutions tailored to the specific needs of businesses, governments, and institutions.
We harness our expertise across diverse industries to deliver exceptional value to both public and private sector clients. Our relentless pursuit of excellence is evident in every solution we implement, empowering organizations to leverage technology for maximum impact.
As a valued partner of some of the world’s leading original equipment manufacturers (OEMs), Tenece offers top-tier technology solutions through strategic alliances, empowering our clients to thrive in an increasingly digital and competitive landscape. Our strong reputation is built on fruitful collaborations with premier clients across various sectors, including Financial Services, Telecommunications, Government and Public Sector, and Education.
Our cross-border strategy is intentional and transformative, focusing on developing local technical resources throughout Africa. This approach not only enhances technical capacity in the regions where we operate but also significantly reduces the total cost of ownership for our clients. Currently, Tenece has a presence in ten countries beyond Nigeria, proudly serving 168 clients, including 21 banks and 4 telecommunications companies across the African continent.
To stay ahead of the curve, we are dedicated to Continuous Learning and Innovation. Our team of experts remains committed to refining their skills to embrace emerging technologies and trends. We are also investing in Research and Development to pioneer new solutions that address the unique challenges faced by the African market.
At Tenece Holdings, we are filled with optimism about the future of IT and our pivotal role in shaping it. We aspire to build a globally renowned African conglomerate that drives transformative impact through innovative, technology-powered solutions across key industries, leading Africa’s economic renaissance and creating a lasting legacy of progress.

You are the founder of ‘TAGE’ (Towards A Greener Environment), an NGO focused on environmental protection. Can you tell us more about your passion for sustainability and how it influences your leadership style?
All things bright and beautiful, all creatures great and small. All things wise and wonderful, the Lord God made them all!
I often wonder how my love for environmental sustainability, my appreciation for nature—God’s creations—and my leadership styles are connected. While I may not have all the answers, I know that my heart sings when I immerse myself in nature. Whether taking long, contemplative walks to soak in the vibrant colors of the landscape or tending to my beloved plants at home, I find profound joy in nurturing the beauty that God has bestowed upon us. I firmly believe that caring for our environment is integral to our purpose here; we are entrusted as stewards of God’s creation.
TAGE (Towards A Greener Environment) is an NGO that is very close to my heart, although I have yet to fully optimize its potential. As a chemical engineer by training, I have always been fascinated by the intersection of technology, environment, and society. My passion for sustainability was ignited during my master’s studies in Environmental Diagnostics and Management. I came to realize that environmental protection is not just a moral imperative but also an economic and social necessity.
In 2007, I founded TAGE with a group of like-minded individuals. Our mission is to promote environmental sustainability by educating young people and encouraging them to plant a tree on their birthdays. We also support initiatives that reduce waste and conserve natural resources, believing that even small actions can help mitigate climate change.

In connecting my leadership style to my sustainability mindset, I prioritize the triple bottom line approach, which considers the social, environmental, and economic impacts of our decisions. I take a long-term view, recognizing that sustainability requires patience, perseverance, and the willingness to make tough decisions. I believe in collaborating with stakeholders—including employees, customers, investors, and communities—to drive sustainability initiatives. I encourage innovation and experimentation, seeking new solutions to environmental challenges and opportunities for growth. I hold myself and my team accountable for our environmental footprint, tracking our progress and continuously improving our sustainability performance.
Through TAGE, we have made a positive impact on the environment and in our communities. We have educated students in primary and secondary schools about environmental issues and sustainable practices. We take waste management seriously in our organization, working to reduce waste and promote recycling. Additionally, we have lent our support to conservation efforts aimed at preserving natural habitats and biodiversity.
My experience with TAGE has deepened my commitment to sustainability and informed my leadership approach, enabling me to drive positive change and create a lasting impact.

What advice would you give to young entrepreneurs and business leaders looking to make a mark in their industries?
My personal tagline is: “Effort is what ignites ability and turns it into accomplishments.”
Business schools and textbooks often guide us to identify our purpose, passion, and values. Consider these questions: What problem do you want to solve? What impact do you wish to make? Establish specific, measurable, achievable, relevant, and time-bound (SMART) goals. Break these goals down into smaller, manageable objectives.
Stay curious, experiment, and take calculated risks. Innovation is essential for staying ahead of the curve. Don’t be afraid to fail; instead, learn from your mistakes and use them as growth opportunities. Surround yourself with talented, diverse, and dedicated individuals who share your vision. Demonstrate integrity, empathy, and transparency. Inspire and motivate your team to reach their full potential.
Be prepared to pivot or adjust your strategy as market conditions, customer needs, or other factors change. Cultivate a growth mindset, and learn to navigate challenges, setbacks, and uncertainties. Continuously update your knowledge, skills, and expertise to remain relevant in your industry. Seek experienced mentors who can offer guidance, support, and valuable insights.
Operate with ethics, transparency, and accountability. Prioritize fairness, equality, and social responsibility. Consider the impact of your business on the environment, community, and society. Explore ways to give back, contribute positively, and create lasting value. Foster relationships with other businesses, organizations, and stakeholders to drive growth, innovation, and mutual benefit. Participate in industry events, conferences, and local initiatives to stay connected, share knowledge, and build your network.

Here are some key takeaways from our journey as a business so far: Start with something you know well. Be conscious of your operating environment and focus resources on high-impact areas. Think big, start small, and scale up as quickly as possible. If you must fail, fail fast—fail with $1 rather than $1 million. In the 21st century, successful businesses are often knowledge-based, so invest in the right people and provide training for them. Finding and training the right people has proved to be a successful strategy for us. This is why we send our executive management to top business schools like INSEAD, Harvard, London Business School, and Esade.
Remember, success is a marathon, not a sprint. Stay focused, adaptable, and committed to your vision. Keep learning, growing, and pushing boundaries.

Looking ahead, what are your plans for Tenece Holdings, and how do you see the company evolving in the next few years?

From 2025 to 2030, we will focus on consolidating our businesses, optimizing operations, and enhancing efficiency. We aim to expand into new markets in Southern Africa and form strategic partnerships in other African countries to drive growth. Our investment in digital transformation initiatives will improve customer experience and operational efficiency. We aspire to institutionalize our operations according to best practices, which will include strong corporate governance, an effective performance management system, and a succession plan. Prioritizing talent development and succession planning will ensure a robust pipeline of future leaders. We will also cultivate a culture of innovation and entrepreneurship, encouraging creativity and intrapreneurship within the organization.
We plan to seek investment in Tenece Professional Services Limited., targeting a top-tier systems integrator to acquire a significant equity stake. This partnership will leverage our extensive presence in Africa to tap into the growing market. If this option proves unfeasible, we will consider private placement. Proceeds from any dilution will support our ventures in manufacturing, real estate, and agriculture—three sectors that hold significant growth potential in Africa. Additionally, we will explore new business opportunities in renewable energy and possibly education, while considering strategic acquisitions to enhance our capabilities and competitiveness.
Looking ahead to 2030 and beyond, our goal is to establish Tenece Holdings as a leading pan-African conglomerate with a strong global network. We will prioritize sustainability and social impact by integrating Environmental, Social, and Governance (ESG) considerations into our strategic framework.

What final thoughts would you like to share about your vision for Tenece Holdings and its future impact?
At Tenece Holdings, our vision is to spearhead Africa’s renaissance by establishing a world-class conglomerate that revolutionizes vital sectors, uplifts communities, and nurtures enduring economic prosperity across the continent. While our mission is to drive innovation and invest in impactful sectors that address Africa’s unique challenges, we strive to create value, enhance lives, and promote sustainable growth across diverse industries.

What drives you personally and professionally? What motivates you to wake up every morning?

He that is in me is greater than he that is the world! My faith and spirituality play a vital role in my life, guiding my values, principles, and decision-making. I am motivated by the urgency to achieve all that God has entrusted to me. Time is precious, and whenever I’m not engaged in something productive, I feel like I am wasting time that I cannot reclaim.
At this stage in my life, I am grateful to God that I have grown beyond simply fulfilling my personal needs; If I were to stop working today, I would be perfectly fine. However, I am motivated every morning to work for the greater good when I consider all the families that directly and indirectly benefit from Tenece Group.
After my faith, the factors that drive me include my family, particularly my husband – who is my greatest source of inspiration, and children. We am determined to create a lasting legacy that will outlive us and positively impact future generations.
I am committed to continuous learning, self-improvement, and personal growth, always seeking new challenges and opportunities for development. I have a strong desire to make a positive difference in the lives of others, whether through my business, philanthropy, or community service. I am passionate about innovation, entrepreneurship, and creativity, always looking for new ways to solve problems, create value, and drive growth. I am dedicated to developing and empowering the next generation of leaders, entrepreneurs, and change-makers, sharing my experience, expertise, and network to help them succeed.
Each day, I am driven by a sense of purpose and meaning, knowing that my work has a positive impact on others. I start each day with gratitude and appreciation for the opportunities, blessings, and people in my life. I am excited about the challenges, opportunities, and possibilities that each new day brings, always looking forward to making a difference and creating value. These motivations, drivers, and daily habits help me stay focused, energized, and committed to my personal and professional goals.

How do you balance your work and personal life? Do you have any hobbies or interests outside of work?
Balancing work and personal life can feel like juggling three balls: work, personal life, and overall well-being. Each aspect is essential, and the goal is to keep all three in the air without letting any fall.
To achieve success in your career, it’s important to prioritize your work responsibilities. At the same time, nurturing personal connections, maintaining your physical and mental health, and engaging in activities that bring you joy are crucial for your personal life. Regular moments of rest and relaxation are equally important; taking time to unwind and recharge is vital for your overall well-being.
Finding this balance requires good timing and coordination across your work, personal life, and leisure activities, leading to a more harmonious existence. Flexibility is also key, as unexpected challenges or opportunities may arise.
It’s important to remember that no one is perfect; occasionally, you might drop a ball. The key is to learn from these experiences and continue striving for balance and harmony. By prioritizing your responsibilities, coordinating your tasks, and adapting to changes, you can effectively manage the demands of your career, personal life, and leisure activities.
As a busy entrepreneur and business leader, I find it challenging to maintain this balance. However, I do my best to establish clear boundaries between work and personal life. I allocate specific times for work, family, and personal activities. I prioritize self-care by ensuring I get an average of 7 hours of sleep each night, exercise regularly (I enjoy walking), and maintain a healthy diet about 80% of the time. I also make it a point to schedule personal time for activities like meditation, reading, and caring for my plants.

Who are some of the people that have inspired you throughout your career, and what lessons have you learned from them?
Our names carry our identity, family history, and culture. I firmly believe that the meanings behind our names are reflected in our lives.
I have been fortunate to have several inspirational figures throughout my life who have shaped my thoughts, actions, and values. My maternal grandmother told me that I was a reincarnation of a female relative, and they called me “Oduagu,” which means “Tiger Tail” in Igbo. The tiger’s tail is both strong and flexible. My parents instilled in me the values of integrity, honesty, hard work, and compassion. From an early age, my father referred to me as “Ezenwanyi,” meaning “Female King” in Igbo. He always told me that I could achieve anything and that no one was inherently better than me. My older sister has also been a source of encouragement, believing in my intelligence and making me believe in myself. My husband, Sir K, has been my rock, supporting me through thick and thin. He believes in me wholeheartedly and encourages me to reach for the stars. He has been a constant source of inspiration and guidance.

Although I do not know them personally, I look up to certain remarkable women both locally and internationally who have shattered the glass ceiling, such as Ngozi Okonjo-Iweala, Michelle Obama, Ellen Johnson Sirleaf, and others. I often remind myself, “If they can do it, why can’t I?”
The ability to adapt to changing circumstances and bounce back from setbacks is crucial for success. Leading with integrity, honesty, and authenticity is essential for building trust, credibility, and strong relationships. Having a clear vision and purpose is vital for providing direction, motivation, and fulfillment. Empowering others, sharing knowledge, and providing mentorship can have a profound impact on personal and professional growth. Embracing lifelong learning, staying curious, and seeking new experiences are essential for both personal and professional development.

What’s the most challenging experience you’ve faced in your career, and how did you overcome it?

Foreign Exchange Volatility: Exchange rate fluctuations are a critical challenge for businesses operating in many African countries, reflecting the persistent negative balance of trade with their trading partners. Our technology business is heavily dependent on foreign technologies, including hardware, software, and services, which results in tens of millions of dollars in annual payables to our suppliers. This dependency distorts our pricing model and budgeting, leading to significant revenue losses that we cannot afford. To combat this issue, we have decisively implemented a strategy of “product indigenization.” We are actively sourcing some of our products locally, either by developing them with our skilled in-house team or working with trusted development partners in India to create these products and sell us the source codes. As a result of this proactive approach, we will reduce our foreign exchange liabilities by 11% by the end of 2024.
Performance Management: From the very beginning, our performance management system has set us apart in a remarkable way. We take immense pride in having crafted an objective staff performance framework that inspires our colleagues to reach their highest potential. Our career path and reward system are intentionally designed to be distinct and devoid of bias, fostering an environment of fair recognition. Yet, as we have grown in both staff and business domains, the challenge of defining and measuring performance indicators with clarity has intensified. This shift has begun to reflect in diminishing levels of staff performance and job ownership, which is a concern we cannot overlook. In response to this trend, it has become crucial for us to reimagine our performance management framework. We aim to refine what we measure and how we reward excellence, ensuring that every team member feels valued and empowered to excel.

High Attrition of Technical Staff: In today’s interconnected world, globalization has transformed the landscape for skilled professionals, allowing for the seamless movement of information, goods, services, and talent across borders. As a result, talented technical experts are always on the lookout for new opportunities that offer greater rewards. The shift to remote work, which has become a staple in the aftermath of COVID-19, has only heightened the challenge of retaining our most exceptional performers.
At Tenece, we grapple with the real and pressing issue of high turnover, particularly among our younger technical talent. To combat this, we have invested in the Genesys Tech Hub, which serves as our innovative “foundry,” continually producing well-trained technical resources ready to meet the demands of our projects. While the hub provides significant relief, it is important to acknowledge the substantial costs associated with training and nurturing these bright young professionals who join our ranks. Together, we are committed to not only retaining our talent but also fostering an environment where they can thrive and contribute to our shared success.

What’s one thing that people might not know about you that you’d like to share?

Alongside my business and entrepreneurial endeavors, I am passionately committed to advancing initiatives that foster women’s economic independence, education, and social mobility.
A lesser-known aspect of my life is my deep devotion to empowering young girls and women through education. Having witnessed the formidable challenges that women encounter in accessing education, healthcare, and economic opportunities, I felt compelled to take action. I have personally funded women in launching medium-scale businesses and supported numerous girls, ensuring their education extends from secondary school all the way to university and even master’s degrees. I also welcomed a girl into my home, who is not related to me by blood, and I now proudly consider myself her unofficial adoptive mother. Furthermore, each year, I reach out to women in my village to provide for their basic needs during the holiday season. This past December 2024, I had the joy of bringing cheer to 100 women, making their Christmas truly memorable.

Through Tenece Holdings’ corporate social responsibility initiatives and my personal philanthropic efforts, I actively support organizations that offer scholarships, vocational training, and entrepreneurship programs for the less privileged, with a special emphasis on uplifting girls. I firmly believe that empowering women is vital for driving economic growth, alleviating poverty, and fostering social justice. By investing in women’s education and economic empowerment, we can unlock an incredible potential that paves the way for a brighter future for individuals, families, and entire communities. While this part of my journey may not be widely recognized, it is a fundamental element of my identity and the values I hold dear.

How do you define success, and what does it mean to you personally and professionally?

My perspective on success has evolved over time. Personally, I believe that success means living and dying without regrets and professionally, it involves making a positive impact on as many lives as possible through my work.

On a personal level, success means living a purpose-driven life. This entails aligning my actions, values, and goals with my passions and purpose. I strive to cultivate meaningful relationships built on trust, empathy, and mutual support with my family, friends, and community. Achieving balance and well-being is crucial, so I focus on maintaining my physical, emotional, and mental health while managing both personal and professional responsibilities. I am committed to continuous learning and growth through lifelong education, self-reflection, and personal development, which helps me stay curious, adaptable, and fulfilled.

Professionally, success means creating value and making a significant impact. I aim to develop and implement innovative solutions that drive positive change and improve lives, contributing to the greater good. Building a sustainable and responsible business is essential, so I prioritize ethics, integrity, and social responsibility in my work. I also focus on fostering a positive and inclusive work culture by creating an environment that values diversity and supports the growth and well-being of all employees. Finally, I set and pursue ambitious yet realistic goals that align with my organization’s mission, vision, and values to achieve our strategic objectives.

What legacy do you hope to leave behind, both in your industry and in your community?

On a personal level, I want to be remembered as the unassuming girl who touched many lives, no matter how small that impact may have been. I hope people remember my love for plants and how I sometimes talk to them as if they were human. I want to be remembered as someone who never believed in impossibility—a person of integrity and character, a lifelong learner, and a devoted family member and friend.
In my industry, I aspire to be remembered as someone who challenged conventional wisdom, introduced innovative ideas, and paved the way for future generations of entrepreneurs and business leaders. I hope to be seen as a leader who inspires and guides others, sharing knowledge, expertise, and experiences to help them grow and succeed. I want to be known as a business leader who prioritized environmental sustainability, social responsibility, and ethical practices, demonstrating that profit and purpose can coexist.
In my community, I hope to be remembered as a philanthropic leader—someone who generously gave back by supporting education, healthcare, and economic empowerment initiatives that improved lives and strengthened communities. I want to be seen as a champion for gender equality and educational and economic opportunities, working to break down barriers and unlock potential. Finally, I want to be recognized as a leader who brought people together, fostering partnerships, collaboration, and collective impact to address pressing social and economic challenges.

As a prominent business leader, what’s your perspective on the current state of the Nigerian economy, and what opportunities or challenges do you see ahead?

The Nigerian economy is currently at a critical juncture, facing numerous challenges that impede its growth and development. As a concerned business leader, I recognize the severity of the economic crisis, which is marked by inflation, high unemployment, and widespread corruption.

One of the major challenges is the country’s heavy reliance on oil exports, making it vulnerable to fluctuations in global oil prices. Furthermore, the lack of diversification in the economy and the absence of a strong manufacturing sector worsen this issue.

Another significant challenge is the infrastructure deficiency, particularly in the power and transportation sectors. The inadequate supply of electricity and the poor condition of roads obstruct businesses’ ability to operate efficiently, leading to increased costs and diminished competitiveness.

Despite these challenges, I see opportunities for growth and development. The Nigerian government is actively working to diversify the economy, focusing on agriculture, manufacturing, and services. This shift has the potential to create new industries, jobs, and opportunities for entrepreneurs.

Additionally, Nigeria’s youthful population represents a substantial opportunity for growth. With over 60% of the population under the age of 30, there is a vast pool of talent and energy that can be harnessed to drive innovation and entrepreneurship.

To seize these opportunities, it is essential to address the challenges facing the economy. This requires a multi-faceted approach that includes improving infrastructure—especially in the power and transportation sectors—enhancing the business environment through reforms that promote ease of doing business and reduce corruption, investing in education and skills development to equip the young population with the necessary tools for innovation and entrepreneurship, and promoting diversification through policies and incentives that support the growth of new industries and sectors.

How do you think the private sector can contribute to Nigeria’s economic growth and development?

The private sector serves as a powerful engine for economic growth and development in Nigeria. By investing in essential sectors like agriculture, manufacturing, infrastructure, and technology, private companies not only stimulate economic expansion but also generate meaningful job opportunities. Embracing entrepreneurship and fostering innovation pave the way for the creation of new businesses, products, and services, all of which drive the nation’s economic vibrancy.

Collaboration with the government to develop and finance vital infrastructure projects—such as roads, bridges, and energy facilities—transforms the business landscape, attracting both local and foreign investment. Moreover, private sector-led initiatives, particularly public-private partnerships (PPPs), bridge the infrastructure gap, delivering essential services to communities in need.

Beyond investment, private companies can elevate their impact by investing in training and capacity-building programs that enhance employee skills and productivity, ultimately cultivating a more competitive workforce. Partnering with educational institutions to develop relevant curricula equips the labor market for the demands of emerging industries, ensuring a bright future for Nigeria’s economy.

Furthermore, the private sector can champion financial inclusion by providing access to financial services such as microfinance, mobile banking, and digital payment solutions. By supplying capital to startups, small and medium-sized enterprises (SMEs), and other businesses, private investors empower these entities to grow and flourish.

In addition to their economic contributions, private sector companies can engage in uplifting philanthropic activities—donating to charitable causes, supporting community development projects, and advancing social welfare initiatives. By adopting environmentally sustainable practices, they can reduce their carbon footprint while promoting eco-friendly products and services.

Active engagement with policymakers and regulators allows private sector companies to advocate for business-friendly policies, reduce regulatory obstacles, and enhance the overall ease of doing business. By fostering a vibrant dialogue between public and private sectors, we can collaboratively address challenges, seize opportunities, and prioritize initiatives that propel economic growth and development.

What’s your take on the role of women in leadership positions in Nigeria, and how can we encourage more women to take on leadership roles?

The Virtuous Woman. To ignite the economic development of a nation, it is imperative to elevate women into leadership positions. However, it is essential that these women embody remarkable qualities such as dignity, patience, diligence, generosity, courage, wisdom, devotion, integrity, capacity, consistency, credibility, and compassion—virtues that are vital for fostering a nation’s growth, development, and prosperity. Regrettably, women remain significantly underrepresented in leadership roles, and it is high time we close this gap.
In Nigeria, while strides have been made in recent years, women continue to confront substantial barriers in their pursuit of leadership. Presently, they occupy fewer than 6% of leadership roles across politics, business, and other sectors. Traditional societal expectations often confine women to domestic and caregiving duties, while many face a lack of access to mentorship, networking opportunities, and support systems that could empower them to advance in their careers.

To inspire women to embrace leadership at every level, we must provide them with access to high-quality education, robust training, and capacity-building programs that cultivate essential leadership skills. Establishing dynamic mentorship programs and vibrant networking opportunities will connect women with seasoned leaders and peers who can guide and uplift them. Additionally, we must challenge regressive societal norms and champion a culture that celebrates and supports women’s leadership. By implementing policies that promote diversity, equity, and inclusion—such as quotas, flexible work arrangements, and parental leave—we can lay the groundwork for transformation. Recognizing and celebrating the achievements of women in leadership will inspire countless others to follow in their footsteps.

Several pioneering initiatives and organizations are dedicated to promoting women’s leadership in Nigeria. The Nigerian Women’s Leadership Initiative and the Women’s Leadership Institute, among others, offer invaluable training, mentorship, and support to aspiring women leaders. Professional networking groups like the Nigerian Women’s Network and the Women’s International Networking Group forge connections among female leaders, creating a rich tapestry of collaboration and growth. Moreover, organizations such as the Nigerian Women’s Trust Fund and the Women’s Rights Advancement and Protection Alternative tirelessly advocate for policies that uplift and empower women in leadership roles.

To truly advance women’s leadership in Nigeria, we must adopt a holistic approach that addresses societal expectations, prioritizes education, enhances mentorship, and revamps policy. By coming together in this noble cause, we can cultivate a more inclusive and equitable society that both values and champions women’s leadership.

As someone who has worked extensively in the IT sector, what’s your perspective on the potential for technology to drive economic growth and development in Nigeria?

The potential for technology to drive economic growth and development in Nigeria is not only vast but also unprecedented. By harnessing the power of technology, we can transform critical sectors of the economy and unlock new avenues for progress. Investing in digital infrastructure—such as fiber-optic cables, cellular networks, and data centers—will lay a robust foundation for an invigorated digital economy. E-commerce platforms and digital payment systems can significantly broaden market access, enhance financial inclusion, and streamline the overall business environment.

Nigeria is home to a vibrant software development industry, teeming with innovative startups and dynamic hubs of creativity. This sector holds immense promise to inspire innovation, create jobs, and generate substantial revenue. Furthermore, technology has the potential to revolutionize agriculture, boosting crop yields, minimizing waste, and improving access to markets. Online learning platforms, educational software, and digital skills training programs are vital for closing the skills gap, empowering our workforce for the demands of a digital economy.

However, while the opportunities for leveraging technology to stimulate economic growth and development are abundant, we must also confront significant challenges. Nigeria’s digital infrastructure is still evolving, facing hurdles such as inadequate power supply, limited internet access, and sporadic network connectivity. As the digital economy expands, the threat of cybersecurity incidents looms larger. It is crucial to establish robust cybersecurity measures that safeguard businesses, individuals, and government institutions. Moreover, many Nigerians struggle with basic digital literacy, hindering their ability to engage fully in the digital economy—thus, initiatives aimed at enhancing digital literacy are essential.

To cultivate a thriving digital landscape, a supportive regulatory framework must be established, one that nurtures innovation, protects consumers, and promotes fair competition. To unlock technology’s true potential in propelling economic growth and development, the government and private sector must collaborate in investing in digital infrastructure and formulating a comprehensive national digital strategy. This strategy will harmonize efforts, prioritize initiatives, and facilitate a coordinated approach to developing the digital economy.
Initiatives designed to bolster digital literacy—through training programs, online resources, and community outreach—are vital in ensuring that all Nigerians can engage in this new digital frontier. Furthermore, fostering innovation and entrepreneurship through robust programs such as startup accelerators, incubators, and funding opportunities will be key to driving growth and job creation.

By addressing these challenges head-on and seizing the opportunities that lie before us, Nigeria can fully unleash the transformative power of technology. This endeavor will not only accelerate economic growth and development but also enrich the lives of our citizens, positioning Nigeria as a preeminent digital economy in Africa and beyond.

What message would you like to convey to the Nigerian government, policymakers, and other stakeholders about the importance of creating an enabling environment for businesses to thrive?

Nigeria has significant potential for economic growth, innovation, and entrepreneurship. However, unlocking this potential requires the creation of an environment that supports businesses and encourages investment.

Key areas for improvement include simplifying and harmonizing regulatory processes to reduce bureaucracy, increase transparency, and facilitate easier business operations. Additionally, investing in critical infrastructure—such as roads, ports, and energy—is essential to enhance the movement of goods, services, and people. Ensuring a secure and stable environment for businesses is also crucial, which requires investments in law enforcement, justice, and community development initiatives.
Fostering a culture of transparency and accountability is vital. This includes implementing measures to prevent corruption, ensuring fair competition, and protecting intellectual property. Furthermore, encouraging entrepreneurship and innovation through initiatives like startup accelerators, incubators, funding programs, and tax incentives can significantly boost the economy.

By creating a supportive environment, Nigeria can attract foreign investment, enticing investors to inject capital, technology, and expertise into the economy. This will stimulate growth, create jobs, and reduce poverty. Such efforts would also enhance Nigeria’s competitiveness in regional and global markets, improving the quality of life for its citizens by providing better access to education, healthcare, and infrastructure.

I urge the Nigerian government, policymakers, and stakeholders to collaborate with the private sector, civil society, and international partners to cultivate a business-friendly environment. This includes implementing regulatory reforms, investing in infrastructure, and promoting transparency and accountability. Establishing a monitoring framework to track progress, identify challenges, and make necessary adjustments is equally essential.
By working together, we can create an environment that unlocks Nigeria’s full potential, drives economic growth, and improves the lives of its citizens.

Related Articles