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Tinubu Reacts As Bode Is Confirmed Dead

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Tinubu Reacts As Bode Is Confirmed Dead

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President Bola Tinubu has conveyed his condolences on the passing of Mubasheer Olabode Agusto, who held the position of Adviser on Budget Matters during President Olusegun Obasanjo’s second term in office.

Agusto was the founder of Agusto & Co., a distinguished Pan-African Credit Rating Agency, and a prominent source of industry research and expertise in Nigeria and Sub-Saharan Africa.

At the age of 68, Agusto succumbed to pancreatic cancer in Portugal after a short-lived battle with the illness.

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A statement from the family stated: “With deep regret and heavy hearts, but with total submission to the will of Allah, we announce the passing on to glory of our husband, father, grandfather, brother, uncle and beloved friend, Mubasheer Olabode Agusto. He was 68 years old.

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“He passed on in the Algarve, Portugal in the early hours of today, Thursday 19 October 2023, after a brief battle with pancreatic cancer. He was surrounded by his wife, children and grandchildren. He will be interred in Portugal according to Islamic rites. We will hold prayers and a memorial service in Lagos, Nigeria in due course. We thank all well-wishers for their calls and messages. We truly appreciate your love and support. We will communicate details of all funeral rites in the coming days.”

The President , according to a statement issued yesterday,  by his Media Adviser, Ajuri Ngelale, extended his heartfelt condolences to the Agusto family and their friends who are mourning in the wake of his passage into glory.
Tinubu acknowledged Agusto’s  unparalleled contributions to the financial world, as well as the public and private sectors of Nigeria.

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Emphasising Agusto’s pursuit of sustainable economic growth in the public service,  the President noted that the distinguished Chartered Accountant continued to share his wealth of knowledge even when faced with serious medical challenges.

“Even in the face of formidable health challenges, Bode continued to generously share his time and wealth of knowledge on economics and business strategy. He was consistently eager to contribute to the growth of the Nigerian economy. His impact will resonate through generations, and I pray that God grants his soul eternal rest,” President Tinubu said.

Agusto, a highly skilled accountant, held key positions throughout his career. He served as a former Assistant Vice President at Citibank Nigeria, acted as a Partner at PriceWaterHouseCoopers (PwC), and held roles as a Non-Executive Director for both the National Pension Commission (PenCom) and the Shell Nigeria Pension Fund. Additionally, he contributed as a member of the Monetary Policy Committee of the Central Bank of Nigeria.

Agusto’s influence extended further as a non-executive Director at the National Pension Commission (PenCom), the Shell Nigeria Pension Fund, and as a member of the Monetary Policy Committee (MPC) at the Central Bank of Nigeria (CBN). He also holds positions as a Non-Executive Director in several companies.

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