Gamaliel Oforitsenere Onosode (22 May 1933 – 29 September 2015) was a foremost Nigerian technocrat, administrator and a former presidential candidate of the
All Nigeria People's Party of Nigeria. Educated at the Government College,
Ughelli
Ughelli is a town in Delta State, Nigeria, and one of the 24 kingdoms that make up the Urhobo Nation. It also serves as the headquarters of Ughelli North local government area of Delta State. The city is indigenous to the Urhobo ethnic nation ...
and the
University of Ibadan, he emerged in the 1970s as one of Nigeria's leading educated chief executives, when he was at the helm of NAL
merchant bank
A merchant bank is historically a bank dealing in commercial loans and investment. In modern British usage it is the same as an investment bank. Merchant banks were the first modern banks and evolved from medieval merchants who traded in commodi ...
of Nigeria. Over the years, he rose to become a leading
boardroom
A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organiz ...
player in Nigeria's corporate environment. He was also a former presidential adviser to President
Shehu Shagari and a former president of the
Nigerian Institute of Management.
In 2013, he founded the
Gamaliel & Susan Onosode Foundation (GAMSU), to help improve education in Nigeria, and provide support for educational and societal development causes in Nigeria.
Life and career
An
Urhobo man, born and raised in
Sapele, a suburban city in the current
Delta State by a disciplined father, he sometimes credited the strict family background and practice as being a complementary factor in his success as a disciplined civil servant and corporate administrator.
Throughout his career, Onosode has chaired several private and public sector businesses and initiatives. He was the Chairman of Dunlop Nigeria Plc (1984–2007), a former chairman of Cadbury Nigeria Plc (1977–93), the Presidential Commission on Parastatals (1981), Nigeria
LNG Working Committee and Nigeria LNG Limited (1985–90) and the Niger Delta Environmental Survey (since 1995). He was also the Chairman of
Zain Nigeria, a GSM telecommunications company, the oldest
GSM operator in Nigeria.
Onosode was Presidential Adviser on Budget Affairs and Director of Budget (1983). He was a Fellow of the Economic Development Institute of the World Bank, the Nigerian Institute of Management, of which he was President (1979–82). He was also a Fellow of The Chartered Institute of Bankers of Nigeria, having been elected to membership of its Board of Fellows in 1998.
In addition, Onosode was the inaugural President of the Chartered Institute of Stockbrokers, past Pro-Chancellor and Chairman of the Governing Council of the
University of Uyo and past and inaugural President & Chairman of Council of the Association of Pension Funds of Nigeria. He was an Honorary Fellow of the Nigerian Academy of Letters and held Honorary D.Sc. degrees of
Obafemi Awolowo University (1990), the
University of Benin (1995), the
Rivers State University of Science and Technology (2003) and
University of Lagos (2014) as well as Honorary D.D. degree of The Nigerian Baptist Theological Seminary, Ogbomoso (2002).
Public service
Primarily a business personality, he saw his career wade through different sectors of the Nigerian economic environment. Though, he was a part of a profligate democratic experiment which was the
Nigerian Second Republic, Gamaliel Onosode tried to bring a disciplined approach to public finance. Towards the end of 1983, when
public confidence in the economic direction of the country was eroded and accountability was lacking in government
subsidies to public enterprises, he was brought in to find solutions to the lackluster performance of public enterprises, as the head of a Nigerian Commission on public parastatals and to bring in a disciplined approach to government subsidies. The offshoot of his honest and disciplined approach earned him respect from subsequent administrations. A report which was later tagged the Onosode report, an outgrowth of his role as the chairman of the
commission to review Nigerian parastatals was the first in the nation to tackle comprehensively, the industrialisation drive and capital spending which dominated the oil boom of the 1970s and the early 1980s. The report identified five major defects in planning which it believed had become evident by the end of 1983:
* Public capital expenditure rose during the oil boom at a much faster rate than Nigeria's physical, technical or financial abilities.
* Huge expenditure on particular industrial projects did not yield expected returns because of "inappropriate choices in their selection, size, design, location and management."
* Government policies laid too much emphasis on industrialisation, without regard to Nigeria's resource base and comparative advantage.
* Frequent changes in fiscal and monetary policies created planning problems for the private sector.
* The exchange rate of the naira was not managed "to reflect the basic strength of the economy and the need to encourage domestic production.
In 1995, he became the Chairman of the Niger Delta Environmental Survey, a
non-governmental organisation that conducted scientific studies on environmental and
social impact assessment of oil exploration in the
Niger delta. The survey was partly financed by
Shell. The survey reports which apportioned responsibilities and blame for much of the
environmental degradation
Environmental degradation is the deterioration of the environment (biophysical), environment through depletion of resources such as quality of air, water and soil; the destruction of ecosystems; habitat destruction; the extinction of wildlife; an ...
in the region on oil operators, the federal government and communities has not been made public.
Deacon Onosode was an
alumnus
Alumni (singular: alumnus (masculine) or alumna (feminine)) are former students of a school, college, or university who have either attended or graduated in some fashion from the institution. The feminine plural alumnae is sometimes used for grou ...
of the
University of Ibadan, and contributed immense time to see through philanthropic and governing matters concerning the university. He was the former Pro-Chancellor of the University and Chairman of its Governing Council.
He was also a devout Christian and started Good News Baptist Church in his Sitting Room on 1 Feb.1984. Good News Baptist Church is now a large church of over 2,000 people and ranks high in the Nigerian Baptist Convention in terms of missions and evangelism. Gamaliel Onosode was the inaugural Chairman of the Global Missions Board of the Nigerian Baptist Convention. In addition, Onosode is Chairman of the Governing Council of the Nigerian Baptist Theological Seminary, Ogbomoso, Nigeria's oldest degree awarding theological institution, which in 2008 marked 110 years of its existence while the University of Ibadan was 60 years old. On 29 September 2015, he died at the age of 82 after losing a battle with bone cancer.
Legacy
Gamaliel Onosode was well known in Nigeria as a disciplined technocrat. In his private and public dealings, his character earned him nicknames lik
"Mr. Integrity"and "Nigeria's Incorruptible Man".
'
Gamaliel & Susan Onosode Foundation''
His philanthropy was one to be reckoned with in his life time, a legacy he transferred into corporate existence with the founding of GAMSU. The organisation exists today to give support to Nigeria's education system, and to provide seamless and flexible solutions to the problems associated with learning in Nigeria. GAMSU gives awards to excellent students in secondary schools and offers scholarships to university students. In recent times, the organisation made a donation to the
Lagos Business School
Lagos Business School (LBS) is the graduate business school of Pan-Atlantic University, owned by the Pan-Atlantic University Foundation (PAUF), a non-profit foundation registered in Nigeria. LBS was founded on inspirations from the teachings of ...
for the building of
research facility in memory of Gamaliel Onosode A partnership with
General Electric Healthcare Institute allowe
GAMSU train 45 nurses in Lagosas part of a drive to improve the maternal mortality rate in Nigeria. The organisation als
pursues school rehabilitation projects and provide facilitiesref> to help create a better teaching and learning experience.
The Foundation has its office at 44, Adelabu Street, Surulere, the old residence of the legendary Gamaliel Onosode.
References
{{DEFAULTSORT:Onosode, Gamaliel
Nigerian bankers
Nigerian chief executives
2015 deaths
1933 births
University of Ibadan alumni
Urhobo people
People from Delta State
20th-century Nigerian businesspeople
21st-century Nigerian businesspeople
Deaths from cancer in Nigeria
Nigerian Christians