The Passing of Prof. Samuel Adepoju Aluko

2 Comments » February 8th, 2012 posted by // Categories: General Articles



 

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STATE HOUSE, ABUJA

http://www.nigeriafirst.org/article_11847.shtml

 

Prof. Aluko was a visionary economist – President Jonathan
Feb 7, 2012, 18:22

President Goodluck Ebele Jonathan has received with immense sadness and a feeling of great national loss news of the passing away earlier today of Nigeria’s veteran economist per excellence, Prof. Samuel Aluko.

In a release by the Special Adviser to the President, (Media & Publicity) Reuben Abati in Abuja on Tuesday, February 7 the President on behalf of himself, his family, the federal government and the people of Nigeria, the President extends sincere and heartfelt condolences to Prof. Aluko’s family.

As they mourn the late Prof. Aluko, President Jonathan urges his family, friends, associates and admirers to be comforted by the knowledge that the renowned economist lived a life full of many indelible achievements and notable contributions to national development.

The President believes that Prof. Aluko will always be remembered as a visionary and a universally acclaimed pacesetter who delivered positive results in all the public assignments he undertook.

“Nigeria will definitely remember the late Prof. Aluko as a man who gave the nation his best years and put her on the global map with his giant strides in the academia and in governance when he served as a leading adviser to various governments at state and federal levels,” President Jonathan noted.

He prays that God Almighty will comfort Prof. Aluko’s family and grant his soul eternal rest.

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THE NATION

Sam Aluko, 82, dies of cancer

By Leke Akeredolu, Akure and Eric Ikhilae 8 hours 47 minutes ago
•The late Prof. Aluko•The late Prof. Aluko

 

Foremost economist, teacher and politician Prof. Samuel Adepoju Aluko is dead.

Generally regarded as “a man of principle”, Aluko died of cancer yesterday at the Royal Victoria Infirmary in Newscastle, United Kingdom. He was 82.

He was a teacher of teachers, with many professors of Economics passing through him at the University of Ife (now Obafemi Awolowo University), Ile-Ife, where he was the first Dean of the Faculty of Social Sciences.

He was economic adviser to the late Head of State, Gen. Sani Abacha. He was economic adviser to Second Republic Governor of Ondo State Chief Adekunle Ajasin as well as the military government of Gen. Abdulsalami Abubakar.

He is credited with the idea of putting the excess funds from the increase in the pump price of petrol during the Abacha years into a dedicated account and the subsequent formation of the Petroleum Trust Fund. He also facilitated the introduction of the Value Added Tax (VAT).

Aluko travelled to the United Kingdom for medical check-up month, accompanied by his wife, Joy.

A family member, Mr Isaac Sedowo, who spoke with reporters at the late Aluko’s home in Akure, the Ondo State capital, said arrangements for the funeral would be announced by the economist’s eldest son, Bolaji, a professor who is the Vice-Chancellor of the Federal University at Otuoke, Bayelsa State.

He said the late economist complained of general weakness of the body before he travelled.

Sympathisers across the country were at the late Aluko’s home to register their condolences.

The late Aluko hailed from Ode-Ekiti, Ekiti State. He was born into the family of Fagbohun Aluko in August 17, 1929.

He attended St. Mary’s School between 1936 and 1940 for his elementary education before moving to Emmanuel School in Ado-Ekiti.

The late Aluko attended the Christ’s School in Ado-Ekiti before undergoing a private study in Economics with the University of London where he came out with a Second Class Honours.

Prof Mobolaji Aluko, eldest son of the late Economist, described his father as an exemplary father, saying he was “a father per excellence”.

Also, frontline Economist, Bismark Rewane described the deceased as one of the oldest Economists who contributed a lot to the orthodox Economic thinking.

Mobolaji said on the telephone last night that his late father was known outside home the same way he was known at home; a principled individual.

Recalling fond memories of his father, Mobolaji said he was interested, and contributed to the success and growth of his children, particularly his grand children.

“He had about 20 or so grand children. He always wanted them around him,” he said.

Mobolaji recalled his last moment with his father, saying though he was ill before enbarking on his trip to the United Kingdom, “we did not think he would die. He had cancer and fought it. You know, like every illness, one will hope to get over it.” But he died. He died of cancer. But he died peacefully in the presence of his wife.

“I spoke with him two days ago. A saw him to the airport on Saturday, January 14, the day after the strike was suspended. His trip to the UK was actually delayed by the strike.

“He traveled on the evening of that Saturday. He died at the Royal Victoria Infirmary in Newcastle,” Mobolaji said.

He said his late father was passionate about the country, but died a sad man because of the current state of affairs in the country.

“He loved Nigeria and was so passionate about the country. He was concerned about its growth. He died a sad man because of the situation of things in the country. He was always complaining about the current state of affairs before he died,” Mobolaji said.

Rewane, Managing Director, Financial Derivatives Limited, described Aluko as bold, fearless and one of Nigeria’s traditional Economists. The last time we heard about him was during the Abacha days.  But in the old days, he had very divergent views and contributed a lot to the ways of traditional Economics and growth,” he said.

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TRIBUNE

Prof Aluko, renowned economist, dies at 83 •Jonathan, Mark, Tambuwal, govs, others mourn

 

Written by Yinka Oladoyinbo, Leon Usigbe, Ayodele Adesanmi and Sam NwaokoWednesday, 08 February 2012

 

RENOWNED economist, Professor Sam Aluko, is dead.

Born on August 17, 1929 in Ode-Ekiti, Ekiti State, he died at the age of 83 at about 5.00 a.m on Tuesday in Newcastle, United Kingdom, where he had been since January.

Nigerian Tribune learnt that the former chairman of the National Economic Intelligence Committee during the administration of the late General Sani Abacha died in a Newcastle hospital.

The acclaimed economist was said to have gone to the UK for medical check-up in January and had since been hale and hearty before he died on Tuesday.

A family member, Mr Isaac Sedowo, told newsmen in his residence in Ijapo Estate, Akure, that Aluko, who would have been 83 in August, did not show any sign of sickness.

According to him, the octogenarian had only complained of general body weakness and died in the hospital where he was taken for medical attention.

He said his wife of 56 years, Joyce, was beside him in the hospital when he passed on.

Meanwhile, President Goodluck Jonathan has mourned the passage of the late economist.

Jonathan, on Tuesday, said he received with immense sadness and a feeling of great national loss, news of the passing away of Nigeria’s veteran economist per excellence, Professor Aluko.

In a statement issued by his Special Adviser on Media and Publicity, Dr Reuben Abati, in Abuja, the president described the late Aluko as “someone who would be remembered as a visionary and a universally acclaimed pacesetter, who delivered positive results in all the public assignments he undertook.”

He prayed that God Almighty would comfort Aluko’s family and grant his soul eternal rest.

Senate President, Senator David Mark, also described the death of Professor Aluko as a colossal loss.

Mark, who expressed shock on hearing the news of the death of the renowned economist, said Aluko was a man of many parts; a teacher, politician, principled scholar and patriot.

According to him, “Professor Aluko would be remembered for his constructive criticisms of govern-ment’s fiscal policies, as well as his fearless standpoint on economic issues.”

Speaker of the House of Representatives, Honour-able Aminu Tambuwal, described as monumental loss, the death of two eminent Nigerians, Professor Sam Aluko and First Republic minister, Ambassador Mathew Mbu.

In a statement by his Special Adviser on Media and Public Affairs, Imam Imam, Tambuwal said by their deaths, Nigeria had lost two respected personalities whose services would remain reference point for succeeding generation of Nigerians.

He also commiserated with the families of the dead heroes, who he said gave their best to the service of the fatherland.

The retired Bishop of Akure Anglican Diocese, Reverend Bolanle Gbonigi, said he was shocked to receive the news of the demise of the renowned economist.

When asked for his comment, the cleric said, “I am just hearing the news of the death of Professor Aluko and I am in shock and not in the mood to talk now.”

The Ekiti State governor, Dr Kayode Fayemi expressed shock over the death of Professor Aluko, saying that “death has robbed Ekiti, Nigeria and Africa of a great scholar and elder statesman, whose counsel is direly needed at the critical period.”

Fayemi, in a statement signed by his Chief Press Secretary, Mr Olayinka Oyebode, promised that “Ekiti people will continue to celebrate the ideals Professor Aluko stood for in his lifetime, which made him to be one of the leading lights of the state.”

The Edo State governor, Comrade Adams Oshiom-hole, mourned the loss of the erudite economics scholar, Professor Aluko, saying that “with his demise, Nigeria has lost a great patriot, a formidable economist, a progressive social thinker and an illustrious public servant.”

Oshiomhole also described the passing on of First Republic foreign minister, Ambassador Mathew Mbu, as “a grave loss, not only to his family and Cross River State, but also to the Nigerian nation.”

In letters of condolences issued in Benin City, Oshiomhole conveyed the heartfelt sympathy of the people and government of Edo State on the death of the two renowned elder statesmen.

The immediate past governor of Osun State, Prince Olagunsoye Oyinlola, also mourned the demise of Professor Sam Aluko, describing his passage as the end of a glorious chapter in the nation’s history.

The former governor, in a statement on Tuesday, said Professor Aluko had written his name in gold, through his invaluable contributions to the growth and development of the nation’s economy, as well as his globally acknowledged views on economic matters, particularly his Keynesian economic philosophy.

He said although the Ekiti-born economist passed on at the ripe age of 83 years, his pool of experience from where economic solutions had been distilled to the nation’s economic problems would be missed.

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PUNCH

Aluko, renowned economist, dies

FEBRU_ARY 8, 2012 BY SUNDAY ABORISADE, AKURE 36 COMMENTS
Aluko

Renowned economist, Prof. Sam Aluko, died in the early hours of Tuesday at a private hospital in Newcastle, England.

An official statement from his first son, Prof Bolaji Aluko, who is the Vice-Chancellor, Federal University of Technology, Otuoke, was being awaited as at press time.

A family source however told our correspondent that the former Chairman of the National Economic Intelligence Committee, would have been 83 years old on August 19 this year.

The source said, “Prof. Sam Aluko is dead. He died this morning in a London Hospital after a brief illness. His wife of 56 years was by his bed when he breadth his last.”

A condolence register was opened at his 30, Owo Avenue, Ijapo area of Akure where he lived for many years.

He was said to have travelled abroad on January 6 this year for a routine check-up.

Aluko was the first Dean of the Faculty of Social Sciences at the University of Ife, now called Obafemi Awolowo University. In 1981, he served on a committee constituted to produce a framework for the Ambrose Ali University Ekpoma in the old Bendel State.

He was one of Nigeria’s most prominent economists who has had a fair share of public exposure. His economic philosophy tows the lines of John Maynard Keynes.

He was born in August 17, 1929 to the Aluko Fagbohun family of Ode Ekiti, Ekiti State.

Aluko achieved a rare feat of finishing his MSc with Distinction at the London School of Economics.

As a student in LSE, he criticised the budget of the late Chief Obafemi Awolowo so much that the Western Region decided to withdraw his scholarship and requested that he should return home. The school authorities however replied that if the scholarship was withdrawn, the school would take over and foot the bill. He was thereafter sent a letter of congratulation signed by Chief Awolowo.

He started his education in his home town at St Mary’s School, Ode Ekiti, he was there from 1936-1940, before moving to Emmanuel School, Ado Ekiti; he also attended Christ’s School, Ado Ekiti.

He then took time studying privately and later achieved a Second Class honours in Economics from the University of London.

His chosen profession early in life was high school teaching and administration.

He was the principal of Zik’s College of Commerce, Sapele and Vice-principal of Lagos City College. During the period, he participated in various local organisations including membership of the Ode Ekiti Progressive Union and the Ekiti’s People’s Party in 1953.

 

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PUNCH

Eminent economist, Sam Aluko, is dead

FEBRUARY 7, 2012 BY AGENCY REPORTER 27 COMMENTS
Prof. Sam Aluko

Eminent economist, Prof. Sam Aluko, has died at 83.

Aluko died in a hospital in London, United Kingdom of an undisclosed ailment.

The eminent economist served in the regime of the late head of state, Gen. Sani Abacha, as the chairman of the National Economic Intelligence Committee.

He was heavily criticised for accepting to serve in a brutal administration but in a newspaper interview, Aluko said he had no regret accepting the offer.

He said he served Nigeria and not Abcha and was glad for all the contributions the appointments afforded him to make to the nation’s economy.

In his lifetime, Aluko strongly criticised budgets and financial plans of successive governments.

More details later.

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GUARDIAN

For Mbu, Aluko, a torrent of tributes

WEDNESDAY, 08 FEBRUARY 2012 00:00 BY ADE OGIDAN, DAVID OGAH, BUKKY OLAJIDE, FEMI ADEKOYA (LAGOS), NIYI BELLO (AKURE) AND GORDI UDEAJAH (UMUAHIA) NEWS – NATIONAL

For Mbu, Aluko, a torrent of tributes

 

PROMINENT Nigerians, political parties and groups yesterday paid glowing tributes to professor of Economics and Chairman of the National Economic Intelligence Committee (NEIC), Samuel Adepoju Aluko and renowned Ambassador, Matthew Tawo Mbu.

Incidentally, both Mbu and Aluko died in London hospitals on Monday and yesterday in that order. The duo also passed on at the age of 82.

Among the leaders, who eulogised the two icons yesterday were President Goodluck Jonthan, Senate President David Mark, Deputy Speaker of the House of Representatives, Emeka Ihedioha, the Cross River State government, Governors Adams Oshiomhole of Edo State,  Olusegun Mimiko (Ondo), Theodore Orji (Abia), Sullivan Chime (Enugu), Kayode Fayemi (Ekiti), Emmanuel Uduaghan (Delta),  his predecessor, James Ibori, Afe Babalola, and Ebenezer Babatope

Jonathan in a statement issued by Reuben Abati, his Special Adviser on Media and Publicity, said he received with “immense sadness and a feeling of great national loss the news of the passing away earlier today (yesterday) of Nigeria’s veteran economist per excellence, Prof. Samuel Aluko.”

The President on behalf of himself, his family, the Federal Government, and the people of Nigeria, extended “sincere and heartfelt condolences to Aluko’s family.

He said as they mourn Aluko, Jonathan urged his family, friends, associates and admirers to be comforted by the fact that the renowned economist lived a life full of many indelible achievements and notable contributions to national development.

“Nigeria will definitely remember the late Prof. Aluko as a man who gave the nation his best years and put her on the global map with his giant strides in the academia and in governance when he served as a leading adviser to various governments at state and federal levels,” the President said.

He prays that God Almighty will comfort Prof. Aluko’s family and grant his soul eternal rest.

Family sources at Aluko’s Ijapo Estate, Akure home said the eminent Nigerian died at about 5 a.m. yesterday at a hospital where he had gone for medical check-up since January.

Aluko was said to have complained only of “a slight fatigue” before the trip that he undertook with Joyce, his wife of 56 years and “had even regained his strength and was even cracking jokes on Monday night, a few hours before his condition suddenly relapsed.”

A condolence register has been opened at the Akure home and about five relations said the public would have to wait for an official announcement from his first son, Prof. Bolaji Aluko, who is the Vice-Chancellor of the Federal University, Otuoke, Bayelsa State.

Born on August 17, 1929, the eminent scholar and social critic, was the first Dean of the Faculty of Social Sciences of the Obafemi Awolowo University, Ile-Ife.               .

He was a lecturer of Economics at the University of Nigeria, Nsukka (UNN) and by his own accounts, played a prominent role during the Nigerian civil war as an unofficial link between political leaders of the Western and Eastern regions.

A native of the sleepy agrarian town of Ode-Ekiti in Ekiti State, Aluko attended St. Mary’s Primary School in his native community between 1936 and 1940 and Christ School, Ado-Ekiti for his secondary education.

As a teacher and later a principal of various secondary schools, particularly in then Mid-Western region before the area was carved out of the Western Region, Aluko engaged himself in private studies and came out with a Second Class Honours in Economics from the University of London.

Survived by his wife and six children, including Bolaji and Gbenga, Aluko was a senator between 1999 and 2003.

Other Nigerians, who paid tribute Professor of Public Administration and Local Government, Alex Gboyega, Department of Political Science, University of Ibadan, described Aluko’s death as a sad loss to the country particularly at this time. He described the late Professor as a very radical economist who did things and formulated policies that favoured the masses.

He specifically noted that Aluko would be fondly remembered for the role he played in the formulation of late Chief Obafemi Awolowo’s policies.

He added that although, he controversially served under the late Gen. Sani Abacha’s regime in which many thought he had abandoned the masses, the country would have been worse if he had not been a part of that government.

He, therefore, described him, citing his historical precedence as one economist who was always looking for how to improve the lot of the common man.                .

Orji described the death of Mbu as an incident that had created a big vacuum in the country’s political firmament, asserting that Nigerians would not forget the role he played in projecting the image of the country as the Minister of Foreign Affairs.

The governor through Ugo Emezue, his Chief Press Secretary, said Mbu’s death marked the end of an era but noted that he lived a fulfilled life, and prayed God to grant his soul eternal rest in His bosom.

Similarly, Uduaghan described the death of the elder statesman and former Nigerian envoy to the United Kingdom (UK), as a “monumental loss” difficult to replace.

While noting that the nation would miss his “wealth of wisdom, penchant for peaceful dialogue and undying love for the country,”

the governor in a statement in Lagos by Felix Ofou, his Press Secretary, observed that the late nationalist’s exit came at a time his fatherly roles were needed by Nigerians.

He expressed condolence with the people and government of Cross River State, who in addition to the deceased family, are directly affected by the death.              .

On her part, professor of Literature, Theodora Akachi-Ezeigbo of the Department of English, University of Lagos, expressed shock at the news and described Aluko as an academic, whose contributions to the society cannot be ignored.

Prof. Tunde Babawale screamed for a moment when he was told of the death of the late economist.           .

A few minutes after he recovered from the shock, he described the death as a “great loss to the country as a whole.”

David Alaribe, immediate past president of Lagos Mainland District Society of Institute of Chatered Accountants of Nigeria (ICAN) said Aluko was a great economist, who chaired the National Economic Intelligence Committee during the transition government of Abdusalam government. According to him, Aluko helped to stabilise the naira during this time and made sure the foreign exchange rate was low.

He was the Secretary-General of the Ekiti Peoples Party during the First Republic and he was elected as the Chairman of the Ado District Council.

Described as a “Professor of Professors, many economists of note, passed through him in his days in the University of Ife, now Obafemi Awolowo University.

He was also known to have served as Economic Adviser to the late head of state, Gen. Sani Abacha. The others, he advised, included the late Governor of Ondo State, Chief Adekunle Ajasin and former head of state, Gen. Abdulsalami Abubakar.

The idea to put the excess funds from the increase in the pump price of petrol during the Abacha years and the subsequent formation of the Petroleum Trust Fund (PTF) was proposed by the foremost economist. So also was the idea of the Value Added Tax (VAT).

An unrepentant critic of free market trade policy, Aluko had expressed concern over the state of the nation’s economy, based on the prevailing economic policy.

He said:” Our economy is in bad shape and this is because we have corrupt leadership. The Central Bank of Nigeria (CBN) reform agenda has worsened our economy. The Federal Government policy on free market, exchange rate, private sector-led economy and free trade have killed our economy. Nigeria’s economy is in shambles. The CBN has added more to the injuries.

Author of this article: By Ade Ogidan, David Ogah, Bukky Olajide, Femi Adekoya (Lagos), Niyi Bello (Akure) and Gordi Udeajah (Umuahia)

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THIS DAY

Prof Aluko, Business Mogul, Dantata, Pass On

08 Feb 2012

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Professor-Sam-Aluko.jpg - Professor-Sam-Aluko.jpg

Professor Sam Aluko,

 

By Omololu Ogunmade   and Ibrahim Shuaibu 

After battling an undisclosed ailment in a London hospital in the United Kingdom for several days, renowned economist, Professor Sam Aluko, finally gave up the ghost in the early hours of Tuesday. He was 83 years old.
An indigene of Ode Ekiti in the present day Ekiti State, he was an erudite scholar, politician and a staunch member of the think-tank of the first Premier of Western Nigeria, Chief Obafemi Awolowo.
A politician of impeccable character, he was a prominent leader of the Unity Party of Nigeria (UPN) in the defunct Second Republic.

 

Aluko, who was a vociferous social critic, emerged as the Chairman of the National Economic Intelligence Committee during the military regime of late General Sani Abacha and served in the committee till 2000. The committee was charged with the responsibility of monitoring the capital budgets of the government.
Aluko was one of Nigeria’s most prominent and finest economists who had his own fair share of public exposure. His economic philosophy was patterned after that of John Maynard Keynes.

He became the first Dean of the Faculty of Social Sciences at the University of Ife, now Obafemi Awolowo University (OAU). In 1981, he was appointed into a committee constituted to produce a framework for the Bendel State University, now Ambrose Alli University, Ekpoma.

 

He began his teaching career in 1946 and rose through the ranks to become the principal of College of Commerce, Sapele and later vice-principal of Lagos City College. During the period, he served on various local organisations including membership of the Ode Ekiti Progressive Union and the Ekiti People’s Party in 1953.
He carved a niche for himself in the public sphere through his critical stance on several government policies. He also served as an adviser to a number of governments in the country.

Born on August 18, 1929, Aluko had his elementary education at St Mary’s Primary School, Ode-Ekiti between 1936 and 1940. He proceeded to Emmanuel School, Ado Ekiti in 1941 before moving to Christ School, Ado-Ekiti from 1941-1945 and later Yaba Technical Institute in Lagos between 1948 and 1949. Between 1955 and 1959, Aluko studied at the London School of Economics, England.

 

Between 1959 and 1966, Aluko was a lecturer in the Department of Economics at the University of Ife and University of Nigeria, Nsukka respectively. In 1962, he was a visiting scholar at the Massachusetts Institute of Technology, Cambridge, Massachusetts as well as Harvard University both in the United States. He was appointed a Professor of Economics at the University of Ife in 1967, where he served until 1980.

After leaving the University, Aluko picked up a political appointment as Economic Adviser to Governor Adekunle Ajasin of the old Ondo State between 1980 and 1983. Prior to his emergence as adviser to Ajasin, he had been a member of the National Executive Council of UPN. His political career dated back to 1962, when he joined the defunct Action Group (AG) before the First Republic was abolished through a military coup d’etat. He wrote three books and co-authored 12 others.

 

Aluko was married to Joyce Ofuya and the union was blessed with six children, among who is Mobolaji Aluko, a professor of civil engineering who until his recent appointment as the Vice-Chancellor of Federal University, Otuoke, Bayelsa State, was a lecturer in a U.S. university.
Commiserating with the Alukos over the demise of their patriarch, President Goodluck Jonathan said the death of the professor was a national loss.

Jonathan in a statement by his Special Adviser, Media and Publicity, Dr. Reuben Abati, said that though the death was a painful one, his family, friends and associates should take solace in the fact that he lived a fulfilled life while his legacies speak eloquently for him.

 

“As they mourn the late Prof. Aluko, President Jonathan urges his family, friends, associates and admirers to be comforted by the knowledge that the renowned economist lived a life full of many indelible achievements and notable contributions to national development,” he said.
Similarly, Ekiti State Governor Kayode Fayemi on his part, assured his Ondo State counterpart that his state stands ready to partner the family in giving a befitting burial to “this illustrious son of the Land of Honour.”

Lagos State Governor, Mr. Babatunde Fashola (SAN), yesterday, in his condolence, said, “Indeed the shoes left behind by Aluko will be hard to fill,” while praying to almighty God to grant Aluko’s soul sweet repose for the great service he rendered to his fatherland.

 

Meanwhile, Chairman of Dantata and Sawoe Construction Company, Alhaji Abdulkadir Dantata, is dead.
He died in a German hospital yesterday and his remains will be flown  to Kano today for burial, his personal assistant, Alhaji Auwalu Dansadau, told THISDAY last night.

The deceased was the eldest son of the late Alhaji Sanusi Dantata, and the elder brother to Alhaji Aminu Dantata.
The deceased would be buried according to Islamic rites in the commercial city of Kano.

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TRIBUNE

Nigerians mourn Mbu, Aluko…

 

Written by Our ReportersWednesday, 08 February 2012

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Aluko’s death, a huge loss – Oni

Former governor of Ekiti State, Chief Segun Oni, has commiserated with the people of the state and family of the late Professor Sam Aluko, over the death of the foremost economist, describing the death as the “passing away of a foremost nationalist, a committed patriot and a man of tremendous achievements in acade-mia, politics and national life of this country, whose death will be a huge loss to Ekiti State in particular and Nigeria in general.”

Oni, reacting to Professor Aluko’s death through his media aide, Mr Lere Olayinka, said “Professor Aluko’s contributions to the educational and economic development of Nigeria are monumental and he will surely be missed by all.”

He said: “I condole with Mama and the entire family, and it is our prayer that God will make the dreams of Professor Sam Aluko for this country, Nigeria come to pass in our time.

“If one puts in perspective the quality of life that he lived, especially his records as an economists, academician and family man, there is every cause for us to celebrate Papa, an erudite man of great achievements.

“I, therefore, implore the family, especially Mama, to take solace in the fact that Papa’s life was a model, a brand that symbolised excellence, honesty, hard-work and absolute dedication to worthy courses.”

 

Mbu was a foremost politician – Amosun

The Ogun State governor, Senator Ibikunle Amosun, has mourned the death of the first Nigerian High Commissioner to the United Kingdom, Ambassador Matthew Mbu.

In a statement by Mrs Funmi Wakama, Senior Special Assistant to the Governor on Media and Communications, Amosun described Mbu as “a foremost politician, parliamentarian of excellence, top-notch lawyer, versatile administrator and ambassador extra-ordinaire, who served the nation selflessly from 1952 when he was first elected to parliament till he paid the debt of nature at a ripe age of 82.”

According to the governor, the nation would truly miss a man of honour, whose life and times symbolised service to fatherland.

He condoled with the president, family and friends of the deceased and entire nation on the exit of a nationalist, statesman and great Nigerian.

Amosun prayed for the repose of his soul and for God to grant the family and entire country the fortitude to bear the loss.

 

S/West PDP condoles with Aluko’s family

THE Peoples Democratic Party (PDP) in the South-West has described the death of the former National Economic Adviser and foremost economist, Pro-fessor Sam Aluko, as one death too many.

Particularly, the zonal party commiserated with one of the children of the deceased, Senator Gbenga Aluko, the first senator from the party in the zone in 1999, saying that the people of Nigeria, Ekiti, Gbonyin Local Government and particularly, his immediate constituency, Ode-Ekiti, would miss the deceased for his contribution to the nation.

Expressing shock on hearing the news of his death, the zonal secretary of the PDP, Chief Oluwaropo Adesanya, said “Aluko was a man of many parts, a teacher, politician prin-cipled scholar, patriot, philanthropist and lover of his people.

“The people of Gbonyin and particularly, his imme-diate community, Ode-Ekiti, will miss Professor Aluko, who was known for his immense contributions to the development of his nation and community.”

Chief Adesanya also described Professor Aluko as a foremost Economist in Nigeria and one of the pillars of education in Ekiti State.

While thanking God for the life well spent, he also urged Senator Gbenga Aluko, one of the sons of the deceased and the entire family to take solace in the supreme power of God who gives and take.”

“We have lost a gem in Ekiti and in Nigeria as whole and we will all miss him,” he said.

 

Aluko was instrumental in formation of UPN – Babatope

Former National Director of Organisation of the defunct Unity Party of Nigeria (UPN), Chief Ebenezer Babatope, on Tuesday, expressed shock over the death of the foremost economist, the late Professor Sam Aluko, saying that he was instrumental to the formation of the party by the sage, Chief Obafemi Awolowo.

Reacting to the demise of the renown economist, in Abuja, on Tuesday, Chief Baba-tope, a chieftain of the Peoples Democratic Party (PDP), declared that Professor Aluko “as a politician, stood tall as one of the greatest and finest associate of the sage, Papa Obafemi Awolowo.”

According to him, Professor Aluko was one of the members of the famous Ife Group, made up of intellectuals from the Obafemi Awolowo University (OAU), Ile-Ife that assisted Papa Awolowo in the formation of the UPN during the Second Republic.

While noting that the late professor would long be remembered for his good deeds, Chief Baba-tope said “a fine scholar, a brilliant economist, a honest mind and a fearless Nigerian has now passed on.”

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DAILY TRUST

Abdulkadir Dantata, Sam Aluko pass on

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Written by Auwalu Umar, Kano & Adewale Giwa, Akure Wednesday, 08 February 2012 05:02

Chairman of Dantata & Sawoe construction company Alhaji Abdulkadir Sanusi Dantata died at the age of 67 yesterday at a German hospital, his family told Daily Trust.

Also yesterday, seasoned economist Professor Sam Aluko died at the age of 83 at a hospital in New Castle, United Kingdom, after a protracted illness.

Alhaji Abdulkadir died eight days after his admission at the hospital, family members said. The late businessman returned to Germany only two months after he came back from there to treat an ailment.

Personal assistant to the deceased, Alhaji Auwalu Mohammed Dansadau, told Daily Trust yesterday that the remains would be flown to Kano last night for burial today.

The late Alhaji Abdulkadir was a grandson of the Kano’s famous business mogul Alhassan Dantata.

He was also chairman of ASADA Group that is involved in manufacturing, trading, shipping and farming.

Born on September 1, 1945, at Sarari Dantata Quarters of Kano city, Alhaji Abdulkadir was the eldest son of Sanusi Dantata, from a family of renowned businessmen.

In 1956, he went to Sudan and later to Kumasi, Ghana for advanced Islamic studies. In 1960, he returned to Nigeria to complete his primary education at Kuka Primary School Fagge, Kano. He obtained a Grade II Teacher Certificate in 1968.

He then joined the family business of cotton, groundnut and other agricultural products and logistics.

In 1970, Alhaji Abdulkadir established his company, Dantata Land and Sea, which was involved in transportation, civil engineering construction, and farming.

Alhaji Abdulkadir established with German partners the joint venture company called Dantata & Sawoe Construction Company in 1975.

He was also the chairman of many companies including Brunelli Construction Co. Ltd, Asada Granite & Marble, W.J Syndicate, Goguwasia Trading Company Beijing China.

Alhaji Abdulkadir, who holds the National Honour of CFR, left behind many children and grandchildren.

Samu Aluko dies at 83 Professor Aluko, a native of Ode- Ekiti in Ekiti State, was said to have been flown out of the country last month after protracted illness.

When Daily Trust visited residence of the late economist at No. 20 Owo Avenue in Ijapo, sympathizers were gathered to condole with Aluko’s family members.

Mr. Kola Idowu, who is one of the late Aluko’s siblings, described Aluko’s death as a great shock to the family.

Most renowned for his idea which introduced the Petroleum Trust Fund (PTF) under General Sani Abacha, the late Aluko was a graduate of the London School of Economics.

Whilst a student there in the 1950s, he criticised the budget of the government of Obafemi Awolowo so often that to shut him up, the Western Region withdrew his scholarship and requested that he returned to Nigeria.

The school authorities however replied that if the scholarship were to be withdrawn, the school would take over and foot the bills. He was thereafter sent a letter of congratulations signed by Chief Awolowo himself.

By the time Nigeria’s Constitutional Conference was held in 1957, Awolowo invited the young Aluko for dinner, and thereafter began to seek his counsel on economic policies.

When Nigeria attained independence in 1960, Aluko entered politics as the Secretary General of the Ekiti Peoples Party from where he was elected Chairman of the Ado District Council.

Aluko served as economic adviser to Generals Abacha and Abdulsalami Abubakar. He was also an adviser to the then Ondo State governor Michael Ajasin in the Second Republic.

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THE NATIONAL DAILY

Prof. Aluko is dead

TUESDAY, 07 FEBRUARY 2012 18:26
FEMI ONAYEMI

Foremost Nigeria’s  economist, Professor  Sam Aluko, is dead.  He was aged 83.

The late Aluko died in a hospital in London, United Kingdom (UK) of an undisclosed ailment.
During his active years, the late economist and frontline social critic served with the administration of late Head of State, General  Sani  Abacha, as  Chairman of the National Economic Intelligence Committee.
He was heavily criticised for accepting such an appointment, under a regime that was adjudged as “draconian  and brutish.”

Prior to the controversial appointment, the late Aluko was highly appreciated for his regular critic of the budgets and financial plans of successive governments in the country.
He also authored many books in Economics, which were “hot cakes” among students of related fields in Nigerian Universities.

The late Aluko, who once headed the Department of Business Administration at the University of Nigerian, Nsukka, would be remembered for his roles during the Nigerian Civil war, as a  “confidant” of  the then leader of the defunct Biafran Army, Ikemba Odumegwu Ojukwu, who died also at a  London Hospital, recently.

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DAILY POST

Prof Sam Aluko is dead

February 7, 2012   ·   1 Comment   ·  By Abiodun Badejo
Sam_Aluko_875478062

Foremost economist and critics, Professor Sam Aluko is dead. The renowned economist died yesterday morning around 5am in a Newcastle hospital after a brief illness.
Aluko, an economist, critics and scholar died at the age of 82, though the cause of his death is still unknown but according to a family source, the economist died as a result of old age.
According to the family source, Aluko left the country for Newcastle (UK) in early January for a medical checkup with his wife of 56 years, Dr. Joy Aluko saying he only complained of general weakness of the body, which he said is synonymous with old age.
Speaking with newsmen at the late economist residence yesterday, Issac Sedowo confirmed Aluko’s death but said the funeral arrangements would be announced by the eldest son of the late critics, Prof. Bolaji Aluko, who he said was a Vice Chancellor at the Federal University at Otuoke in Bayelsa state.
A condolence register has been opened in his Akure residence and symphatisers were seen trooping into the late Aluko’s house to register their condolence.
It would be recalled that Prof. Aluko served as the Chairman of the National Economic Intelligence Committee (NEIC) under the late Head of state, General Sani Abacha in 1995. The committee which was charged with the responsibilities of monitoring the capital budgets of the government..
Born in August 17, 1929 in Ode Ekiti to the family of Fagbohun Aluko and started his elementary education in his home town, St. Mary’s school between 1936 and 1940 before moving to Emmanuel School in Ado Ekiti.
Aluko also attended the popular Christ’s School in Ado Ekiti before undergoing a private study in Economics with the University of London where he came out with a 2nd class Honours in Economics.
He is one of Nigeria’s most prominent economists who had a fair share of public exposure. His economic philosophy tows the lines of John Maynard Keynes.
His chosen profession early in life was high school teaching and administration. He was the principal of Zik’s College of Commerce, Sapele and Vice-principal of Lagos City College. During the period, he participated in various local organizations including membership of the Ode Ekiti Progressive Union and the Ekiti’s People’s Party in 1953.
He was also the first Dean of the Faculty of Social Sciences at the University of Ife, now Obafemi Awolowo University. He also served on a committee constituted to produce a framework for a new University in old Bendel State in 1981
He was an adviser to some state government on economic matters and will be remembered for his critical stance on economy and some of government’s policies.
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2 Responses to “The Passing of Prof. Samuel Adepoju Aluko”

  1. […] by NM // Categories: Spotlight Well-known Economist & Professor Samuel Aluko, 82, passed away yesterday, February 7th, in the UK.  His granddaughter Toni Aluko, shares her sentiments about the life of […]

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