Review Profile: Senator Abiru’s Personality Profile & Legitimate Influence In Lagos-east Senatorial District.
By Araba, Olawale Enifenilanfe:
https://laroyalglobalcnews.wordpress.com/2024/08/12/senator-abirus-personality-profile-legitimate-influence-in-lagos-east-senatorial-district/
He was Polaris Bank Limited, Nigeria’s Group Managing Director/Chief Executive Officer. He attended the six-week Harvard Business School Advanced Management Program and Lagos Business School (Senior Management Program). He holds a B.Sc (Economics) from Lagos State University and is a Fellow of The Institute of Chartered Accountants of Nigeria (ICAN) and an Honorary Senior Member of The Chartered Institute of Bankers of Nigeria (CIBN). On 24 August 2020, Abiru resigned from Polaris Bank to contest the Lagos East senatorial election under the platform of the All Progressives Congress.
He was named the chairman, of the Senate Committee on Banking of the 10th senate on 8 August 2023.
He rose to the position of executive director at First Bank Nigeria Ltd (2013–2016), Corporate Banking; Guaranty Trust Bank (1991-2000), and was also the Honourable Commissioner of Finance, Lagos State, between 2011 and 2013 under the dynamic and transformational leadership of Babatunde R. Fashola (SAN) as Governor.
He was appointed in July 2016 by the Central Bank of Nigeria (CBN) as group managing director to lead the turnaround of the regulator-induced takeover of the then-troubled Skye Bank, in a bid to preserve the stability of the overall Nigerian Financial System. The successful completion of the assignment gave birth to today’s Polaris Bank Limited.
Tokunbo has also served on various boards, including Airtel Mobile Networks Limited; FBN Capital Limited (now FBN Quest Merchant Bank Limited); FBN Bank Sierra –Leone Limited; and Nigeria Inter-Bank Settlement System Plc (NIBSS). During this pandemic covid19, he donated 150,000 face masks to primary schools in his zone.
During Abiru’s time as Commissioner for Finance in Lagos State, the State floated an N80 billion bond, earning it the EMEA Finance’s Best Local Currency Bond Award for 2012. He opened up discussions on taxation in Lagos State after the discovery of over 5.5 million tax evaders in 2013. His efforts also led to increased Land Use Charge revenue generation to the tune of N6.2bn.
Abiru is also a member of the Lagos HOMs Committee, which is in charge of the Lagos State Home Ownership Mortgage Scheme (HOMs) instituted to reduce the housing deficit in the State.
He was elected as the senator of Lagos East Senatorial district in a bye-election on December 5, 2020.
Abiru unveiled an Information Communication Technology (ICT) system in Ebute, Ikorodu named Senator Innovation Lab (SAIL) on Friday, May 21st, 2021 to enhance Lagos youth capacity building with a unique space that offers cross-functional programmes and opportunities, as well as computer basic foundation which was commissioned by Lagos State Governor, His Excellency Babajide Olusola Sanwoolu.
The SAIL project, which is a private endowment initiated in 2021 by the lawmaker and his wife, Mrs Feyisola Abiru, is being operated in partnership with Co-creation Hub (CcHUB), a leading innovation centre accelerating technology for economic prosperity.
Abiru got re-elected on Monday 27th February, 2023 with the numbers of 178,646 votes to defeat his opponents.
Abiru offers Over 8,500 Food Packages to the masses across Lagos East Senatorial District every three months, Distributed Free Farm Inputs to over 300 local farmers in Lagos East to boost food production, and also gives financial stipends to the vulnerable as relief packages.
He has also been able to create employment and refer the numbers of prospective SAIL graduates to the banking sector for employment with reasonable amounts to start with.
Senator Tokunbo Abiru, FCA, is happily married to Mrs. Feyisola Abiru and they are blessed with children.
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