About Us
‘Building better for sustainability and the future’
Welcome to Rebuild Lagos
To rebuild, restore and improve the damaged public assets resulting from the October 2020 civil unrest in Lagos State.
Rebuild Lagos Trust Fund Ltd/GTE is a not-for-profit public-private partnership (PPP) organisation birthed in the aftermath of the October 2020 civil unrest in Lagos, Nigeria. The fund was established by the Executive Order, NO EO/BOS/2020 for rebuilding and restoring affected state assets and landmark structures in Lagos, Nigeria’s commercial capital.
Rebuild Lagos Trust Fund was eventually incorporated as a company limited by guarantee on Monday, 26 April 2021 to enhance efficiency in the discharge of its mandate.
“A catalyst that helps rebuild Lagos for tomorrow”
Our goal is simple: to reinstate and improve Lagos State’s public assets and structures that were affected by the unrest. As an organisation limited by guarantee, we collaborate with a wide range of public, donor, and private sector partners including international organisations to achieve our mandate.
Mr. Babajide Olusola Sanwo-Olu, Governor of Lagos State Speech
Let me assure you all that we will bounce back. We do not have a choice, really. Because this is who we are, this is what Lagos is; a resilient people, an irrepressible city. This is our history, and our DNA.
Chairman's Acceptance Speech
“Salutations! By reason of our love for Lagos, we the members of the committee are fully committed to the restoration, rehabilitation, and rebuilding of this great state; that is why
we have agreed to serve on the Rebuild Trust Fund for Lagos”
PD/CEO’s message
I am honored to address you and it is with great pride that I write this message to
you today. Our organization is committed to rebuilding and revitalizing Lagos, our
beloved city that has faced unprecedented challenges in recent times.
Our Work
RLTF has identified causes of the deficit amidst the citizenry and the government, and we are bridging the gap in the affected communities. We review and manage the post-civil unrest needs assessment, rapid response, technical assistance, capacity building and are developing a sustainable recovery framework for
Lagos state. We proactively engage all relevant stakeholders and offer feedback to the government on areas where the infrastructure and trust deficits require prompt interventions.
RLTF is saddled with the responsibility of receiving and managing funds comprising donations, gifts, grants and endowments that may be mobilized for the purpose of
rebuilding, reconstructing, repairing and managing public infrastructure and assets destroyed or damaged as a result of the civil disorder in Lagos state in October, 2020.
Our AICE values
Accountability:
Responsibility for our actions. . .
- We hold ourselves accountable to best practices in all areas of the organisation
- We will operate an unambiguous transparent governance structure
- Decisions are made to drive success
Integrity:
We always do the right thing. . .
- We demonstrate the highest standards of professional behaviour and ethics
- We hold ourselves and our vendors accountable and are committed to continuous improvement
- We are consistent in what we say and do
Collaboration:
Needful for our success. . .
- Our holism optimises our ability to deliver on our mandate
- Inclusivity is our watchword for our stakeholder engagement strategy, and for developing and delivering our projects
- Collaborations and strategic partnerships are a must
Excellence:
Exceeding expectations. . .
- We are the best at what we do
- We will deliver smart, innovative, timely, and effective solutions
- We strive to build a reputation of excellence
- Our organisational agility empowers our team and Board to make success-driven decisions
Our Essence
Our Vision
A catalyst that helps rebuild Lagos for tomorrow.
Our Mission
To rebuild, restore or improve damaged public assets resulting from unrests in Lagos.
Our Raison D’Être
Includes to:
- Advise the government on the most critical assets to prioritise;
- Design and implement best-in-class operating and funding model for its operations;
- Develop and implement a prioritisation framework to guide the rebuilding effort to deliver maximum impact;
- Provide detailed costs of rebuilding destroyed assets;
- Attract and secure funding support.
Our Board of Directors
Olayemi Cardoso
Chairman of the Board of Directors, Citibank Nigeria
Biography
Chairman, Board of Directors Citibank Nigeria, Dr. Yemi Cardoso is a financial and development expert with over thirty years of experience in the private, public, and not-for-
profit sectors. With a background in Citibank, Chase, and Citizens International Bank, Dr. Yemi Cardoso, a Harvard-educated financial and development expert with over thirty years of experience in the private, public, and not-for-profit sectors, was appointed Honorable Commissioner Economic Planning and Budget for Lagos State in 1999. In this capacity, he wrote and monitored the implementation of the blueprint which catalysed economic development in the world’s sixth-largest megacity. A member of the Belgium-based Cities Alliance Think Tank which aims to shape and influence policy and decision-making on urban development in Africa, Dr. Cardoso has served on the Board of several leading companies among which are Texaco and Chevron Oil Plc. and he has also built strong relationships with key international donor Agencies. A graduate of Aston University and later Harvard Kennedy School where he was a Mason fellow, Mr. Cardoso consults on financial and development affairs and is also an advisor to the Urban Metabolism Group at MIT. In 2017, he was awarded an honorary Doctorate Degree in Business Administration by his alma mater, Aston University, in recognition of his “outstanding contributions to business and society”.
Omobolanle Adesola
Chairman of Ecobank Nigeria
Biography
Mrs. Adesola is currently Chairman of Ecobank Nigeria. Prior to this role, she was Senior Vice Chairman (Africa) at Standard Chartered Bank, and also the Managing Director and
Chief Executive Officer of Standard Chartered Bank Nigeria & West Africa. She had also served as an Executive Director at First Bank of Nigeria Plc, Managing Director of Kakawa Discount House, Nigeria, and in senior leadership roles at Citibank Nigeria and Tanzania. Omobolanle Adesola combines 35 years of experience as a trained lawyer with more than 26 years of banking and financial services experience. An alumnus of Harvard Business School as well as Lagos Business School, Bola is passionate about the development and economic empowerment of women. In pursuit of this ideal, she cofounded WIMBIZ in 2001. i.e. Women in Management, Business, and Public Sector. The Organisation has since remained Nigeria’s foremost women-focused network.
An Honorary Fellow of the Chartered Institute of Bankers of Nigeria, Omobolanle Adesola sits on the Boards of the Financial Markets Dealers Quotations Plc and Nigeria Inter-bank Settlement Systems Plc. She also chairs the Central Bank of Nigeria Bankers’ Sub- Committee on Economic Development, Sustainability, and Gender and was recently
appointed the first female President of Lagos Business School Alumni Association (LBSAA). A member United Nations Global Compact Board since 2015, it is perhaps understandable why it took all of Mr. Governor’s power of persuasion earlier in the year for Mrs. Omobolanle Adesola to accept an appointment to serve as Chair of the Lagos State Employment Trust Fund.
Olukonyinsola Ajayi SAN
Olaniwun Ajayi LP
Biography
Prof. Konyinsola Ajayi, Senior Advocate of Nigeria, Chairman Nassarawa State Investment & Economic Council, Director Dangote Sugar Refinery Plc., Director Leadway Holdings Limited, External Advisor McArthur Foundation (Bond Proceeds), and Advisory Board member, Nigerian Economic Summit Group. Prof. Konyinsola Ajayi is the Managing Partner of Olaniwun Ajayi LP, (one of Africa’s largest and adjudged best law firms), leading in over 40 years of practice in several landmark deals in the Continent. Prof. is a trustee of the LPILP Trust Fund – a body devoted to pro bono legal aid. He is on the Editorial Advisory Board of BusinessDay and Gravitas Law Journal. He is on the Igbobi College Governing Board, and a member of the Constitution Drafting Committee of Methodist Church of Nigeria. He is a trustee of the Obafemi Awolowo University Law Faculty Alumni Association. A Federal Government Scholar through his undergraduate years at the University of Ife from 1975 to 1979, Prof. Konyinsola Ajayi holds a Ph.D. from the University of Cambridge, and an LL.M from the Harvard Law School.
Olugbenga Agboola
Co-Founder and CEO of Flutterwave Inc.
Biography
Olugbenga Agboola is the co-founder and CEO of San Francisco and Lagos-based financial services company, Flutterwave Inc., a digital payments infrastructure that caters to banks and businesses to ensure secure payments. He was initially the Chief Technology Officer of Flutterwave. A technology solution product developer with a background in software engineering, Agboola is an entrepreneur, a financial technology Engineer, a Certified Ethical Hacker, a Certified Security Analyst, and Microsoft Certified System Engineer. Agboola has a Master of Business Administration Degree from the Massachusetts Institute
of Technology. He achieved the standard IT security certifications from EC-Council University which is headquartered in Albuquerque, New Mexico. He received his Project
Management and Advanced Computing degree from the University of Westminster in London, England. He is also a holder of a Master’s Degree in Information Technology
Security and Behavioural Engineering. Olugbenga Agboola was listed as one of the Quartz Africa Innovators 2019 and was part of the panel for the US Africa Business Summit in Maputo, Mozambique in the same year, where he spoke on Transforming African Economies through Digitalization. Also in May last year, Olugbenga Agboola was selected as one of six African entrepreneurs to join Endeavor, a non-profit organization that supports high-impact entrepreneurs around the world..
Abubakar Suleiman
Managing Director and Chief Executive Officer of Sterling Bank Plc
Biography
Abubakar Suleiman, fondly called Abu, is a seasoned professional with over 20 years of experience working in the banking industry. He is the Chief Executive Officer of Sterling
Bank Plc. Currently, his top priority is to optimize the impact of financial intermediation in critical sectors that can catalyse growth and create a future of shared prosperity for all
Nigerians. These priority sectors are Health, Agriculture, Education, Renewable Energy, and Transportation, and are at the H.E.A.R.T of Sterling. Before his current role, he served as an Executive Director and Chief Finance Officer of the bank and was the executive sponsor of the Bank’s non-interest banking business (Sterling Alternative Finance). Abu holds a bachelor’s degree (B.Sc) in Economics from the University of Abuja and a Master of Science (M.Sc.) in Major Programme Management from the University of Oxford. His previous work experience includes tax advisory at Arthur Andersen, management training at MBC International Bank (now First Bank), and financial markets with Citibank Nigeria. He is a firm believer in the role of efficient markets, emerging technologies, and small businesses in unlocking productivity, improving national competitiveness, and driving inclusive economic growth. He currently serves on the Governing Council of the Chartered Institute of Bankers of Nigeria (CIBN), and the Advisory Boards of Lagos Business School (LBS) and Enterprise Development Center (EDC). When he is not on the job, which is rare, he enjoys poetry, driving, and music.
Mohammed Yahya
Resident Representative of the United Nations Development Programme (UNDP)
Biography
Mohammed Yahya is the Resident Representative of the United Nations Development Programme (UNDP) in Nigeria. Prior to that Mohamed was the Africa Regional Programme Coordinator for UNDP responsible for regional development initiatives in support of the African Union and Africa’s Regional Economic Communities. Mohamed also served as UNDP’s post-conflict recovery specialist supporting UN interventions in Afghanistan, Guinea Bissau, and Liberia. Before joining the United Nations Organization, Mohamed worked as a Senior Peace Building Advisor for International Alert, a Non-Governmental Organization with a focus on West Africa. Mr. Mohammed Yahya holds a Master’s Degree in Conflict and Development Studies, and a Bachelor’s degree in Politics and History from the School of Oriental and African Studies (University of London). Mohamed has written or has been featured in numerous Publications including Time Magazine, the Guardian, Project Syndicate, and the Washington Post.
Samuel Egube
Commissioner for Economic Planning and Budget
Biography
Sam Egube holds an Executive Master’s Degree in Business Administration from the prestigious International School of Management (IESE), University of Navarra Barcelona having initially held a Bachelor’s Degree in Engineering with a second-class upper division inCivil Engineering from the University of Benin.
He boasts significant experience in various sectors of the economy, including Banking, Business consulting, Construction and Engineering, Training, and public speaking. These experiences were acquired in very strong Institutions that include Arthur Andersen; Company (now KPMG professionals in Nigeria), United Bank for Africa Plc, NNB
International Bank Plc, First Bank of Nigeria Plc, and Diamond Bank Plc, where he left as Corporate Banking Director. He was Chairman/member of the Board of several Companies mainly in the Financial, Engineering/Construction, Advisory, and Media services sectors of the economy. He also served as Advisor in the Expert in residence program of the Enterprise Development Center (EDC) of Pan Atlantic University, Lagos until he was appointed in August 2019 as the Lagos State Commissioner for Economic Planning and Budget, a position in which he currently serves.
He is a Fellow of the Institute of Credit Administration (FICA), an Associate Member of the Nigerian Institute of Management (AMNIM), A Corporate Member of the Nigerian Society of Engineers (MNSE), member of the Council for regulation of Engineering in Nigeria (COREN), and an Honorary Senior Member of Chartered Institute of Bankers (HCIB). He has attended various local and international courses including management/leadership programs at IESE (Spain), INSEAD (France), Wharton (USA), and Columbia Business School (USA).
Olujimi Hotonu
CEO Rebuild Lagos Trust Fund, Former Permanent Secretary, Ministry of Works and Infrastructure
Biography
Seasoned Civil Engineer and Public Sector Executive Manager with over 30 years of Management, Administration and Engineering experience in Lagos State Civil Service. Saddled with the responsibilities of conceptualization, planning, design and project management of numerous Building and Civil Engineering projects covering Roads, water transportation Jetties, Bridges, and public buildings. Served as Permanent Secretary in three key ministries of Lagos State Government namely Ministry of Works and Infrastructure, Ministry of Waterfront Infrastructural Development and Ministry of Energy and Mineral resources An alumnus of the prestigious foremost National Institute for Policy and Strategic Studies Kuru. FELLOW of the following Engineering Bodies; Nigerian Society of Engineers, Nigerian Institution of Structural Engineers, Nigerian Institution of Civil Engineers and Registered with the Council of Regulation of Engineers in Nigeria. (COREN) Presently a Board Member of the Rebuild Lagos Trust Fund Ltd a Public/ Private partnership inaugurated by the Governor of Lagos State Engineer Hotonu was recently appointed as the Chief Executive Officer / Project Director for The Fund.
The Team
Engr. Olujimi Hotonu
Project Director / Chief Executive Office
Mr. Ifeanyi Obiekwe
CFO
Biography
Ifeanyi Obiekwe’s over 30 years of robust career cuts across financing, investment
management, financial planning, liquidity management, financial performance analysis,
financial control, operations, and internal control. With wide-ranging expertise not
limited to banking applications, accounting and audit control systems, tax management,
merger, and acquisitions.
Prior to joining Rebuild Lagos Trust Fund LTD/GTE as Chief Financial Officer, he exercised
leadership and ingenuity in various capacities including at the top level of notable
financial institutions – Pinnacle Commercial Bank Ltd. (1993 – 1998); MBC International
Bank Ltd (1998 – 2005); Finbank Plc in 2012 as Group Financial Controller and remained
so when the bank merged with FCMB Group Plc until 2020.
He holds a bachelor’s degree in accountancy from Imo State University (now Abia State
University) and attended the Lagos Business School, Senior Management Programme
(SMP).
Some of the high points of his career are the finance lead function, board-assigned or
key membership roles played for the banking application upgrade of two commercial
banks; the merger project of the accounting systems and records of four commercial
banks after the consolidation of banks in Nigeria in 2006; seamless merger project of
two banks; and the IFRS transition committee in FinBank with the project responsibility
to migrate the Nigerian General Accounting Practice (NGAP) records to IFRS.
Unique to his management style is his people skills. Balancing assertiveness with the
right mix of effectiveness, intercession, and interactive skills. That continues to foster
collaboration between the individual and cross-functional teams at RLTF.
Ifeanyi Obiekwe is a Fellow of the Institute of Chartered Accountants of Nigeria (FCA)
and an Honorary Senior Member Chartered Institute of Bankers (HSM).
Mr. James Oludele Clinton
Director Resource Mobilisation and Funding
Biography
James Oludele Clinton is a seasoned business executive with over 23 years of progressive experience in business development and growth strategies, developing and managing projects in the banking, technology, public, and real estate sectors. Builds strong sustainable strategic partnerships aimed at creating shared value and measurable mutual benefit. A naturally proactive leader who excels when undertaking additional responsibilities, empowering colleagues, and using critical thinking to add value, drive organizational excellence, and enable the attainment of stated goals and objectives. Possesses strong communication skills and is an able influencer, with a firm management style coupled with initiative, self-motivation, and a proactive ‘can-do’ approach. An Expert in business transformation, team building, strategic planning, project management, and operations. Highly skilled in implementing systems that optimize productivity, and customer satisfaction, and increase projects bottom line. Dele has excellent interpersonal skills and is able to galvanize a group of people to achieve a set objective.
Mr. Olaniyi Oladokun
Projects Coordinator, Strategy and Planning
Biography
He has vast professional experience of over 18 years managing multi-billion-naira projects in diverse
industries ranging from Oil & Gas, Information Technology (IT), and Construction industry.
He has played various project management roles on several iconic projects such as the
implementation of post-UME JAMB online services and automation of calibration systems for oil
tank facility in the in the early 2000s. He was also a member of the project management team
engaged in the construction of the first 15-storey office building on Eko Altantic, Lagos.
He is an astute professional with the understanding of the principles of product and services quality
evaluation to drive customers satisfaction. He also has specialized skills in the application of quality
principles, Total Cost Management (TCM) best practices and use of relevant software for the
planning, execution, and management of projects, with track records of successful project delivery.
He holds a Master’s Degree in Engineering Management from the University of Hull, United Kingdom
and an MBA degree from the Ladoke Akintola University, Ogbomoso. He has attended several
trainings and certificate courses such as – Contract Law by Harvard University. He is a certified
Project Manager (PMP), Certified ISO 9001 Lead Implementer (ISO-PECB), Certified Quality Auditor
(ASQ-CQA), Certified Microsoft Solution Developer (MCSD) and a registered engineer (COREN). In
addition, he is a member of other professional bodies such as Construction Management Association
of America (CMAA) and AACE International.
In addition, he is a member of other professional bodies such as Construction Management
Association of America (CMAA) and AACE International.
Mr. Isaac Dung
Communications Lead
Biography
A result driven and vibrant solutions expert with over 10 years of professional experience in
Marketing Communications, Technical Sales, Web Development, UI/UX, Computer Networking, SaaS,
Management and Experiential Marketing. He has captained various teams of experts over the years
in delivering innovative solutions to different client needs.
He is an alumnus of the University of Jos and undertook the Massachusetts Institute of Technology
(MIT) open courseware for Advanced Computer Science and Electrical Engineering. He has a wide
range of specialties which include deploying ERP solutions, Data Mining and Analytics, Networking,
CRM, DBMS, UI/UX, Content Management Systems (CMS) and, Still and Motion Graphics, Web
Server Management (WHMCS), Market Research, social media, Strategy, Influence and Digital
Marketing.
Prior to joining RLTF, he has had the pleasure of serving several international and local companies in
developing successful bespoke brand awareness and marketing solutions for their products,
projects, and corporate body. Some of these clients include OxfamGB, Prohealth, L’Oreal Luxe (Polo
Supreme Oud Launch 2015), Staco Plc, Philips (Buy Original Campaign 2015), Visa (Tech Feed 2015),
Drager-LES Energy Maiden ‘Drager Day Nigeria’ (2019), National Examinations Council (NECO) and
many more. I possess vast knowledge and experience in Integrated Marketing Communications for
SME, SMB, FMCG and large organisations with the ability to create maximum impact on B2B and B2C
communications.
Isaac is a member of the Nigerian Computer Society (NCS) and also a member of the global Institute
of Electrical and Electronics Engineers (IEEE).
Mrs. Victoria Adeyemi
Accountant
Advisory Committee
Mr. Bayo Odunlami
LCH Advisory Committee
Ms. Ayaba Ayo-Joseph
LCH Advisory Committee
Ms. Aduke Gomez
LCH Advisory Committee
Ms. Yetunde Aina
LCH Advisory Committee
Mr. Tunji Olaogun
LCH Advisory Committee
Mr. Lawon Adams
LCH Advisory Committee
Dr. Fidelis Oditah
HCH Advisory Committee
Mrs. Boma Alabi SAN
HCH Advisory Committee
Ms. Yemi Adamalekun
HCH Advisory Committee
Mr. Dapo Otunlana
HCH Advisory Committee
Mr. Biodun Disu
PHC Advisory Committee
Biography
Biodun Disu’s journey began with his early education at King’s College Lagos, followed by pursuing In 1991, he spearheaded the establishment of PPC (Philips Project Centre), which delivers turnkey Biodun Disu’s influence extends to national and international committees for Science and Industrial
Electronic Engineering at the University of Technology Loughborough, UK. For nearly five decades in
the Engineering profession, his career flourished with roles at Plessis, Siemens, and Philips
Electronics NV. His vast experience spans Broadcasting, ICT, Manufacturing, Healthcare, and
Engineering Projects, amplified by international training in Engineering, Marketing, and Business
Management.
solutions for ICT, Telecommunications, and Healthcare. Today, the company employs over 350
skilled professionals. As CEO, he led the Management Buy-Out, acquiring majority equity
participation and currently serves as Executive Chairman.
Studies. He actively contributes as a Director on boards of local and international companies and
engages in charitable endeavours. He is married to a Medical Professor and is blessed with children
and grandchildren.
Mrs. Niniola William
PHC Advisory Committee
Biography
Niniola Williams is a public health professional with over 12 years of experience leading projects, She currently leads Dr. Ameyo Stella Adadevoh (DRASA) Health Trust, a public health organization Niniola is also a faculty member of the Center for Infection Control and Patient Safety (CICAPS) at Niniola is passionate about reducing the burden of infectious diseases and improving human health She is a member of the Most Influential People of African Descent (MIPAD), Avance Media 100 Most
initiatives, and teams to improve the health of individuals, communities and nations.
with a mission to develop a network of health champions who are preventing diseases and saving
lives through education and training, community engagement, emergency planning, and policy
change. DRASA’s work addresses gaps and builds resilience in the health system with the aim of
protecting health and saving lives.
the University of Lagos College of Medicine where she delivers lectures and facilitates the year-
round implementation of Nigeria’s official in-service Infection Prevention and Control curriculum for
health workers.
through interdisciplinary approaches.
Influential Young Nigerians honoree, two-time TEDx speaker, and an Acumen West Africa Fellow.