Ex-Lagos Dep Gov, Femi Pedro’s Burdens


For many years, he has quietly been minding his business, so to say,  as a banker and economist.

He had a meteoric rise in his banking career. As the then  Managing Director of First Atlantic  Bank,  now defunct,  dark and handsome Femi Pedro was  the toast of many in the private and public sectors.

Suddenly, his name began to reverberate across the political circle in Lagos State,  courtesy of the then Governor of Lagos State, Asiwaju  Bola Ahmed Tinubu. By fate or design,  he later became the deputy governor of the state.

The romance between him and his former boss had set tongues wagging in some quarters. However, Lagosians  were alarmed to the news of a crack  in the much-envied relationship, a development that was received with mixed feelings.

The former banker was alleged to have disagreed with his boss over his choice of a successor,  as his administration was winding down. While Tinubu,  now a national leader of the ruling All Progressives Congress,  APC,   was scheming for young but brilliant Babatunde Raji Fashola,  SAN, who was then  his Chief of Staff, Pedro was nursing a personal agenda. He had allegedly allowed his personal ambition to bring him in conflict with the powerful Tinubu.  Many say he was under some illusion over the dummy sold to him by some sycophants or political hangers-on. And he paid dearly for it.

Frustrated,  he resigned his appointment and pitched his tent with the Peoples Democratic Party,  PDP.  Critics maintained that he took the decision, believing that his bread would be buttered in the party. But sadly,  the party machinery refused to grant him the much-expected ticket to contest the governorship.

A few years after, with  some  introspection, he retraced his way back to the Asiwaju camp, following  consultation with some party heavy weights who have the APC’s chieftain ears. This was shortly before the 2015 general elections.

However,  his political career has never been the same again. One can only wait to see how he walks his way back to relevance in the political circle.