Kolomag – African Business Magazine

Corporate Crusader With A Moral Obligation

TOPLINE

At nearly sixty, Nick Agule speaks with the calm certainty of a man who has already lived several full lives and deliberately chosen the most demanding one last. A chartered accountant, oil and gas executive, academic, Catholic permanent deacon, social entrepreneur, and humanitarian, his résumé stretches from the University of Benin’s lecture halls to Chevron, Shell, and boardrooms in Nigeria and London.

Mr. Agule measures success not by quarterly returns, but by how many families sleep better because of the work he does. “I always asked myself, what will I tell God I came to do? That I worked for myself, my family, and multinational corporations? What did that do for humanity?”

That question, more than any retirement package, explains why Agule stepped away early from a lucrative global career to redirect his discipline, training, and credibility toward what he insists on calling social enterprises, not businesses.

From Multinationals to Human-Centred Enterprise

Agule spent over two decades across three of the world’s largest oil companies, trained not only in finance, but in governance, risk management, infrastructure, corporate planning, audit systems, and large-scale SAP-driven transformations. “International oil companies teach you to think systemically. They expose you to accountability, structure, and discipline.”  Those same principles now underpin his ventures in transportation, charity, and agriculture. Every project begins with planning, documentation, internal challenge, and continuous monitoring. “Management is management. Apply its principles anywhere, and it works.”  That discipline shows in how his organisations treat people. Recruitment is strictly merit-based – no relatives, no shortcuts. Staff earn well above minimum wage, with healthcare, insurance, and welfare benefits that are still rare in most Nigerian workplaces. “That’s how to treat people right.”

 

Today, more than 100 people work full-time across his enterprises. “That means over a hundred families depend on what we do every month,” he says, not as a boast, but as a responsibility he takes seriously.

Profit Without Exploitation

One of his companies, Victoria Travels, is commercially successful, yet Agule has never paid himself a salary. “No salary, no benefits, no reimbursements. All surplus is reinvested into staff welfare, infrastructure, or expansion.  His most ambitious social intervention however is Citizens Charity, an idea inspired by the UK National Lottery model. The vision is simple: Aggregate small individual contributions to fund empowerment, employment, government participation, and direct charity. The platform supported IDP camps, schools, clinics, and scholarships before being stalled by regulatory conflict following a Supreme Court ruling that shifted lottery oversight from federal to state governments.  Undeterred, he is now turning toward agriculture, a sector he believes can employ thousands, secure food sovereignty, and generate export earnings. “That’s where real national impact lies.”

The Rule of Law and the Nigeria He Hopes to Build

Agule’s years in the UK sharpened what he believes is Nigeria’s central crisis. “Nigeria is better endowed than the UK – land, population, resources, climate. What we lack is the rule of law.”  In Britain, consequences follow actions regardless of status. In Nigeria, laws often bend depending on who is involved. “The big men get away with everything, while the poor are punished.” He rejects the notion that Nigerians leave because Nigeria is inferior. “What they are actually searching for is justice and predictability. Fix the rule of law, and Nigerians will return home in droves.”  His concern deepens when he speaks of young people. Poor education, unemployment, and visible corruption have turned shortcuts into survival strategies. “When leaders cheat, young people learn cheating as a template for success. That kind of Nigeria frightens me.”

“Nigeria’s problem is not north versus south, or Christian versus Muslim. It is the suffering masses versus impunity.” 

Agule speaks openly about mortality, not with fear, but focus. None of his organisations depends on him personally. Trustees are younger, independent, and empowered. “If I die tonight, “everything will continue running.” His vision is radical in its simplicity: a Nigeria where leaders are servants, citizens are masters, laws apply equally, and ethnic or religious divisions lose their political value. “Nigeria’s problem is not north versus south, or Christian versus Muslim. It is the suffering masses versus impunity.”  Nick Agule does not pretend to have all the answers. But in a country exhausted by empty promises and mindless corruption, his quiet devotion to integrity, structure, and human dignity stands as a rare blueprint, one Nigeria would do well not just to admire, but to follow.

“When leaders cheat, young people learn cheating as a template for success. That kind of Nigeria frightens me.”