Afe Babalola Hosts New AG Fagbemi, Decries Nigeria’s Huge Debt Burden

Legal giant, Aare Afe Babalola, SAN has decried Nigeria’s huge debt describing it as distressing and unhealthy.

Speaking at a reception in honor of one of his mentees and Attorney General and Minister of Justice, Prince Lateef Fagbemi(SAN), the founder of Afe Babalola University, Ado-Ekiti said “When a person inherits suffocating debt, he does not only lose his sleep, he cannot plan for any capital investment.

He also used the occasion to call for a new constitution that would mandate political officeholders to treat their offices as an avenue for rendering service to the people and not for making money.

Calling the attention of the Federal government to the distressing and unhealthy heritage of eighty-seven trillion debt owned by the country.

Eulogizing the new AG, the ABUAD Founder says,”Fagbemi is an uncommon man doing uncommon things and achieving uncommon results.”

L-R: Minister of Justice and Attorney General of the Federation, Chief Lateef Fagbemi (SAN); Ekiti State Governor, Mr Biodun Oyebanji; Founder, Afe Babalola University, Aare Afe Babalola (SAN); and his wife, Yeye Modupe Babalola; at a reception in honour of the Minister, at the Alfa Belgore Hall, Afe Babalola University, Ado- Ekiti…on Saturday.

He thereafter lamented the deplorable condition of roads in Ekiti State, saying he had written over sixteen letters to both the State and Federal Governments to put the roads in good condition.

Aare Babalola who is the Founder of Afe Babalola University, Ado Ekiti, ABUAD explained that he had been maintaining the road that led to the university in the last fifteen years.

In his speech, the minister affirmed that the contributions of everyone would reposition the country for the better in all sectors.

While calling on three tiers of government to contribute their quota towards the development of the country, the minister said no nation can grow without justice.

Prince Fagbemi who narrated how he was tutored by Aare Afe Babalola appreciated the legal Icon for the reception, saying he would forever be grateful to him.

Ekiti State Governor, Mr. Biodun Oyebanji who expressed confidence that the minister for justice would perform exceptionally lauded the achievements of Aare Babalola in the areas of education, Health, legal, and Agriculture.

Classmates of the Attorney General of the Federation, Mr Adeyemi Adeyinka, family, Mr Sikiru Sanni, Client, Alhaji Tunde Badmus, friend, Adeniyi Akintola.

Mr. Kola Olawoye noted that God has used Prince Afe Babalola SAN to produce lawyers of distinction, captains of industries, executive directors of blue-chip companies, and professors of law, Senior Advocates of Nigeria, judges, and justices of various courts.

According to them, the event is just one of such opportunities to appreciate God and what God had used him to do for humanity.

Prince Fagbemi SAN joined the Chambers of Afe Babalola & Co known as Emmanuel Chambers for his youth service in 1985.

In 1996 whilst still in the Chambers, he was conferred with the rank of Senior Advocate of Nigeria at the age of 37 and at 10 years at the Bar.

Prince Fagbemi SAN who spent fifteen years of his legal practice in Emmanuel Chambers, is the second product of the Chambers to be appointed as the Honorable Attorney General of the Federation and Minister for Justice, the first to be appointed is Chief Akin Olujimi, SAN, CON.