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81-Year-Old Nigerian Rewarded For Rejecting $6 Million Bribe (Photo)

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The first Managing Director of Shell Nigeria Exploration and Production Company (SNEPCO), Dr Olufemi Lalude, has been rewarded by the Akinjide Adeosun Foundation (AAF), for saying NO to a staggering $6 Million bribe.

Olufemi Lalude. Photo :

On Wednesday, during the AAF 5th annual colloquium with the theme: “Integrity – A Sine Qua Non to Building a Prosperous Nation’’, Dr Olufemi was honoured with the 2020 Leadership Award.

Speaking at the event which was held virtually, AAF’s Founder and Chief Executive Officer of St. Rachael’s Pharmaceutical Nigeria Ltd., Mr Akinjide Adeosun said that Olufemi’s recognition was made in line with the main mandate of the foundation.

The mandate said to based on the belief that the world would be nice to every human if the nation gets leadership right in all sectors.

“Many years ago, our awardee, Papa Olufemi Lalude, the first managing director of the Shell Nigeria Exploration & production Company SNEPCO was offered a bribe of 6 million dollars.

“The organisation that offered him the bribe moved against him. However, he refused to be cowed and stood his ground.

“He was sued with his employer but he triumphed. Lalude is a man of integrity, a rarity in our clime dwarfed by corruption and greed.” he said.

He also noted that the 81-Year-old man is “living a peaceful, joyous and fulfilled contented life’’, because of his honest living.

According to the foundation, there are many good people in Nigeria that need to be celebrated so as to change the perception that all Nigerians were corrupt.


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