Pacesetter in wealth creation
By SANYA ONI
Tuesday,
October 30, 2007
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PHOTO: THE SUN PUBLISHING
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For a nation ever in the quest of grappling with the meaning
and the import of the twin concepts of enterprise and heroism,
Olakunle Abimbola’s book, Captain: In The Storm Of Life,
is a reflection of the old time virtues of character, commitment,
courage and faith. The author uses the archetypal grass-to-grace
story of an outstanding entrepreneurial trailblazer, indeed
one of the nation’s many unsung achievers, Captain Israel
Ademola Gbadebo Haastrup.
Captain Haastrup, the subject of the 631-page biography, is
one name that ordinarily ought to ring a bell in a nation
said to be in perpetual deficit of exemplars of wealth creation,
particularly those with grace to combine it with modesty and
virtue. That this is not the case is, of course, the singular
tragedy of the nation which tends to promote shadow over substance,
and where achievements are denominated by how much uncritical
attention some have garnered in a segment of the fawning national
media which often times, pays very little heed to these virtues.
Abimbola evidently found a rare subject in Captain Haastrup,
founder of Haastrup Line (West Africa) Limited, a pioneer
indigenous shipping company which has since grown to become
an octopus with tentacles in banking, manufacturing, real
estate, hospitality business and aviation. The Haastrup story,
in all of the elements, is one of an individual’s struggles,
frustrations, grim determination, and ultimate triumph, nurtured
in integrity and sustained by an unswerving faith in Divine
Hand even when the treacherous and unpredictable terrain of
the nation’s business got perilously close to aborting
his dreams. It provides invaluable lessons for today’s
youth.
The enthralling book of three main parts traces the roots
of the subject to the revered late Oba Frederick Adedeji Kumokun
Haastrup, Owa Ajimoko 1 of Ijesha-land, a foremost traditional
ruler in Yoruba-land. That first section aptly entitled The
Cradle, precisely locates the ancestry in the vortex of the
nineteenth century Yoruba wars, up till the time the subject
was born into the Spartan disciplinarian family of Emmanuel
Adeitan Haastrup, a.k.a Lajimbiti, his early school days in
Ado Ekiti, up until he finished his West African School Certificate
in Division Two, that would launch him into the phase of what
would become an illustrious career as Master Mariner.
We are here interested in the subject’s foray into business.
Riding storms is, of course, the Mariner’s specialty.
The turbulent world of business is something altogether as
the Captain was later to discover. Not even when the weather
appears fair and clement enough. The Captain may have assumed
that he was on top of his world when he elected to join the
elite class of seafarers in the service of his fatherland,
which committed fortunes to sponsor him. He probably thought
that in the end he would be able to pay back the debt he owed
the nation that gave him so much. What he least bargained
for was that the bitter rivalry between the newly commissioned
indigenous professionals and their erstwhile masters in post
independent Nigeria would sooner scuttle the prospect; of
course they had ready allies in the locals, the minions who
would rather that the erstwhile order remained.
In the situation, Nigeria’s loss was to be Ghana’s
gain. The bubbly Captain sought refuge in the newly independent
nation, which offered ready sanctuary and opportunities for
other Africans to live their dreams. In between, a new dream
was born. The professional somehow caught the entrepreneurial
bug. The master mariner was set to launch sail beyond his
comfort zone and the storms were about gathering. First port
was Kuta Shipping- a partnership that was soon to flounder
on account of treachery, and bad faith on the part of the
partners.
Soon to follow was Haastrup (West Africa) Line. The story
of how the Captain acquired and eventually put the vessel
M.V City of Truth to sail is one fascinating story of courage,
perseverance, belief and trust in God. The business blossomed
nonetheless, in spite of the odds: From Lagos, the business
moved to Port Harcourt, diversifying into new terrains of
industry- particularly cement manufacturing that would later
constitute its main hub.
The experience of the Captain’s foray into business,
and the attendant frustrations would no doubt underscore the
peculiar challenges in the nation’s business environment,
which tends to reduce the entrepreneur to endangered specie.
While in other climes, government considers it priority to
put in place policies to enable entrepreneurs grow their businesses,
the reverse is the case, as the example of the Haastrup chains
of businesses illustrate.
The author is at pains to draw lessons using nearly a dozen
examples of how changing policies of government capsized many
a-dream nurtured in the sweat of the promoters, leaving the
poor hapless folks to sulk. Examples abound in Haastrup Jetty,
built in 1980, forced to close down after two years of operations
during the civilian administration of Alhaji Shehu Shagari.
Two years after the project had gulped five million pounds
in both foreign and local equity, the government of the day
woke up to announce the closure of all private jetties in
the country, by fiat. Lost was the investment; wiped in one
fell swoop were the jobs and the livelihood on which the thriving
jetty depended. To share a similar fate was the Haastrup group’s
venture into cement business, which despite its modest success,
is also no stranger to the topsy-turvy policies of government.
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