Felix Kolawole Bajomo
Encyclopedia
Felix Kolawole Bajomo is a Nigeria
n politician who was elected a member of the Senate for the Ogun West constituency of Ogun State
in April 2007.
, and Chairman of the Federal Housing Authority (2005–2006).
He was at one time Chairman of Gateway Hotels.
He also held the position of President of the Institute of Chartered Accountants of Nigeria
(ICAN).
In 2003, Chief Kola Bajomo ran as the Alliance for Democracy
candidate for the Ogun West senate seat, but was defeated by Iyabo Anisulowo, former Minister of State for Education between 1995 to 1998 under the Sanni Abacha administration.
In January 2005, Bajomo switched to the People's Democratic Party
(PDP).
In April 2007, he ran for the Senate on the PDP ticket and was elected for the Ogun West constituency. He was appointed to committees on Privatization, Foreign Affairs, Finance, Establishment & Public Service, Banking, Insurance & Other Financial Institutions and Appropriation.
In March 2009, he was involved in a scrap between Ogun State Governor Gbenga Daniel
and Ogun senators Iyabo Obasanjo-Bello
and Lekan Mustapha
.
The dispute dragged on into July, with Yoruba
Elders backing Governor Daniel while four representatives and the two senators remained in opposition and failing to attend a meeting when president Yar'Adua visited the state.
In May 2009 Felix Kolawole Bajomo was among ten senators who made a controversial all-expenses-paid trip to Ghana, where they were rumored to have been influenced by oil companies at a seminar on the Petroleum Industry Bill. The Senate ordered a full investigation into the matter by its Ethics, Code of Conduct and Public Petitions Committee.
However, there were delays in issuing the committee report.
In September 2009, he called for the Ministry of Finance, the Central Bank of Nigeria
(CBN) and other economic experts to inject money into the economy. Speaking about Initial Public Offerings (IPOs) before the recent financial crisis, where many people paid inflated prices, he said that the Securities and Exchange Commission
should have dealt with those responsible, but not the Economic and Financial Crimes Commission
unless there was clear evidence of fraud.
Earlier he had stated that the N420 billion used by the CBN to bail out five banks did not require appropriation by the National Assembly.
Nigeria
Nigeria , officially the Federal Republic of Nigeria, is a federal constitutional republic comprising 36 states and its Federal Capital Territory, Abuja. The country is located in West Africa and shares land borders with the Republic of Benin in the west, Chad and Cameroon in the east, and Niger in...
n politician who was elected a member of the Senate for the Ogun West constituency of Ogun State
Ogun State
Ogun State is a state in South-western Nigeria. It borders Lagos State to the South, Oyo and Osun states to the North, Ondo State to the east and the republic of Benin to the west. Abeokuta is the capital and largest city in the state...
in April 2007.
Background
Felix Kolawole Bajomo was born on 7 January 1947. He is a fellow of the Association of Cost and Management Accountants (ACMA) and associate member of the Association of Chartered Stockbrokers (ACS). Before entering politics, he was Managing Director, Commercial Trust Bank; Executive Director, Union Bank; Executive Director, Savannah BankSavannah Bank
The Savannah Bank is a Nigerian bank whose license was withdrawn in February 2002 and restored in February 2009 after protracted legal battles....
, and Chairman of the Federal Housing Authority (2005–2006).
He was at one time Chairman of Gateway Hotels.
He also held the position of President of the Institute of Chartered Accountants of Nigeria
Institute of Chartered Accountants of Nigeria
The Institute of Chartered Accountants of Nigeria is a professional accountancy body in Nigeria.It is one of the two professional accountancy associations with regulatory authority in Nigeria, the other being the Association of National Accountants of Nigeria .The relationship between the two...
(ICAN).
In 2003, Chief Kola Bajomo ran as the Alliance for Democracy
Alliance for Democracy (Nigeria)
The Alliance for Democracy was a progressive opposition political party in Nigeria. It was formed on September 9th 1998. At the 2003 legislative elections, 12 April 2003, the party won 8.8 % of the popular vote and 34 out of 360 seats in the Nigerian House of Representatives and six out of...
candidate for the Ogun West senate seat, but was defeated by Iyabo Anisulowo, former Minister of State for Education between 1995 to 1998 under the Sanni Abacha administration.
In January 2005, Bajomo switched to the People's Democratic Party
People's Democratic Party (Nigeria)
The People's Democratic Party is a political party in Nigeria. Its policies generally lie towards the right wing of the political spectrum. It has won every single Presidential elections since 1999, namely: 1999, 2003, 2007, and 2011, and is the dominant party in the Fourth Republic.-History:In...
(PDP).
Senator
In March 2009, he was involved in a scrap between Ogun State Governor Gbenga Daniel
Gbenga Daniel
Gbenga Daniel is a Nigerian politician,and Governor of Ogun State of Nigeria since 29 May 2003. He is a member of the ruling People's Democratic Party and the owner of the Nigerian Compass, a daily newspaper.-Background:...
and Ogun senators Iyabo Obasanjo-Bello
Iyabo Obasanjo-Bello
Iyabo Obasanjo-Bello was elected as a Nigerian Senator representing Ogun Central Senatorial District of Ogun State in April 2007....
and Lekan Mustapha
Ramoni Olalekan Mustapha
Ramoni Olalekan Mustapha is a Nigerian senator who represents the People's Redemption Party in Ogun State. He became a member of the Nigerian Senate in 2007.-Background:...
.
The dispute dragged on into July, with Yoruba
Yoruba people
The Yoruba people are one of the largest ethnic groups in West Africa. The majority of the Yoruba speak the Yoruba language...
Elders backing Governor Daniel while four representatives and the two senators remained in opposition and failing to attend a meeting when president Yar'Adua visited the state.
In May 2009 Felix Kolawole Bajomo was among ten senators who made a controversial all-expenses-paid trip to Ghana, where they were rumored to have been influenced by oil companies at a seminar on the Petroleum Industry Bill. The Senate ordered a full investigation into the matter by its Ethics, Code of Conduct and Public Petitions Committee.
However, there were delays in issuing the committee report.
In September 2009, he called for the Ministry of Finance, the Central Bank of Nigeria
Central Bank of Nigeria
The Central Bank of Nigeria was established by the CBN Act of 1958 and commenced operations on July 1, 1959.The major regulatory objectives of the bank as stated in the CBN act of 1958 is to: issue legal tender, maintain the external reserves of the country, promote monetary stability and a sound...
(CBN) and other economic experts to inject money into the economy. Speaking about Initial Public Offerings (IPOs) before the recent financial crisis, where many people paid inflated prices, he said that the Securities and Exchange Commission
Securities and Exchange Commission (Nigeria)
The Securities and Exchange Commission is the main regulatory institution of the Nigerian capital market.It is supervised by the Federal Ministry of Finance....
should have dealt with those responsible, but not the Economic and Financial Crimes Commission
Economic and Financial Crimes Commission
The Economic and Financial Crimes Commission is a Nigerian law enforcement agency that investigates financial crimes such as advance fee fraud and money laundering...
unless there was clear evidence of fraud.
Earlier he had stated that the N420 billion used by the CBN to bail out five banks did not require appropriation by the National Assembly.