Felix Kolawole Bajomo (; born 7 January 1947) is a Nigerian accountant and politician who was elected a member of the Senate for the Ogun West constituency of

Ogun State Ogun State is a state in southwestern Nigeria. Created on 3 February 1976 from the former Western State. Ogun State borders Lagos State to the south, Oyo State and Osun State to the north, Ondo State to the east, and the Republic of Benin to the ...

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Savannah Bank The Savannah Bank is a Nigerian bank whose license was withdrawn in February 2002 and restored in February 2009 after protracted legal battles. An investor, International Resource Associates of London, bought 67.35% of the shares of Savannah Bank ...

, 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 The Institute of Chartered Accountants of Nigeria (ICAN) 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 A ...

(ICAN). In 2003, Bajomo ran as the Alliance for Democracy candidate for the Ogun West senate seat, but was defeated by

Iyabo Anisulowo Iyabo Veronica Anishulowo (née Ajibogun) is a Nigerian educator and elder stateswoman who served the Federal Government of Nigeria at many levels, she is one of the most prominent female political personalities and proponents of gender equality ...

, former Minister of State for Education between 1995 and 1998 under the

Sanni Abacha Sani Abacha (20 September 1943 – 8 June 1998) was a Nigerian military officer and politician who ruled as the military head of state of Nigeria from 1993 until his death in 1998. He seized power on 17 November 1993 in the last successful c ...

administration. In January 2005, Bajomo switched to the

People's Democratic Party People's Democratic Party or ''variant thereof'', could refer to: * People's Democratic Party of Afghanistan *People's Democratic Party (Belize) *People's Democratic Party (Bhutan) *People's Democratic Party (Chile) * People's Democratic Party (Dom ...

(PDP).

Senate career

image:NigeriaOgun.png, 200px,

, Nigeria 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 Gbenga Daniel (born 6 April 1956) is a Nigerian politician and Governor of Ogun State of Nigeria from 29 May 2003 to 29 May 2011. He is the owner of Kresta Laurel, an Electro-mechanical Engineering company, he started in 1990. He is also the F ...

and Ogun senators

Iyabo Obasanjo-Bello Iyabo Obasanjo (born 27 April 1967) is a former Nigerian senator and the daughter of former President of Nigeria, Olusegun Obasanjo and his wife Oluremi Obasanjo. Early life and education Obasanjo attended Corona School in Victoria Island, L ...

and Lekan Mustapha. The dispute dragged on into July, with

Yoruba The Yoruba people (, , ) are a West African ethnic group that mainly inhabit parts of Nigeria, Benin, and Togo. The areas of these countries primarily inhabited by Yoruba are often collectively referred to as Yorubaland. The Yoruba constitute ...

Elders backing Governor Daniel while four representatives and the two senators remained in opposition and failing to attend a meeting when president

Yar'Adua Umaru Musa Yar'Adua (16 August 19515 May 2010) was a Nigerian politician who, was the President of Nigeria from 2007 to 2010. He was declared the winner of the 2007 Nigeria general election, Nigerian presidential election held on 21 April 2007, ...

visited the state. In May 2009, Bajomo was among ten senators who made a controversial all-expenses-paid trip to Ghana, where they were rumoured 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 The Central Bank of Nigeria (CBN) is the central bank and apex monetary authority of Nigeria established by the CBN Act of 1958 and commenced operations on 1 July 1959. The major regulatory objectives of the bank as stated in the CBN Act are ...

(CBN) and other economic experts to inject money into the economy. Speaking about

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...

s (IPOs) before the recent financial crisis, where many people paid inflated prices, he said that the

Securities and Exchange Commission The U.S. Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street Crash of 1929. The primary purpose of the SEC is to enforce the law against market ...

should have dealt with those responsible, but not the

Economic and Financial Crimes Commission The Economic and Financial Crimes Commission (EFCC) is a Nigerian law enforcement agency that investigates financial crimes such as advance fee fraud (419 fraud) and money laundering. The EFCC was established in 2003, partially in response to pre ...

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.

References

{{DEFAULTSORT:Bajomo, Felix Kolawole Politicians from Ogun State Nigerian accountants 1947 births Living people Yoruba politicians Alliance for Democracy (Nigeria) politicians Peoples Democratic Party members of the Senate (Nigeria) 21st-century Nigerian politicians