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AIEDM Confers Prince Ogungbe Man of The Year Award 2019

•Inducted new fellow of the institute

By Isaac Orieka and Alphonsus Effi

The African Institute of Enterprise Development and Management (AIEDM), during its 8th edition and annual lecture series for this year 2019, at the Golden Tulip Hotel on Murtala Mohammed International Airport Road, Lagos, picked yet again another bright, young humble enterprising CEO/Chairman of De-Prinocc Construction Company, Ambassador Prince Yommy Solomon Ogungbe as Man of The Year, he was the only candidate who was conferred with this prestigious award of the institute which attracted the cremede-la-creme of the society.

The institute recognised his distinguished contribution and achievement in fixing local communities in Lagos, with link bridges to promote even socio-economic advancement for Nigerians to have the opportunity and platform to enjoy the benefits of a better society.
At the occasion, he was also inducted as a new fellow and a recipient of CPEM, FAIE, making him a member of the institute. He got the recognition through his meritorious involvement in human capital development and empowerment of the needy across Nigeria.
He has bagged an array of awards from local and international institutions through a conscious innovation in national leadership to empower a lot of individuals and youth which is his primary focus. “The youths constitute the brain-box of the society in Nigeria, so I will continue to strive in my own little way to make sure they benefit from my industrious enterprise, so that they will be capable and productive leaders of tomorrow” he told, Creekvibes Magazine, after his award and induction.

Prince Yommy Ogungbe, who is a member Eko Club, dedicated the award to his delectable wife, Mrs. Joy Ogungbe who has been a great pillar behind him while receiving the Man of The Year Award. He said she has been his source of everyday hard day’s job. “My wife is a gift and an inspirational support without whom I won’t have gone this far in my businesses as a busy husband all the credit goes to her in assisting me to build a future for our family and children, the society at large globally”.
This award makes him the second individual to be conferred by the African Institute as he was never contacted before the induction as a fellow and man of the year award. Prince Ogungbe, confessed he was shocked when he got the invitation for the ceremony. According to him, he has built a flying moral value in his children to make them invest in other areas of their choice aside from his businesses.

This year’s annual lecture was delivered by Professor Cole Olusegun Oladunjo, a fellow of the institute espousing various loopholes which can lead to the collapse of most corporate organizations in Nigeria. Prof. Cole commented at the lecture, using the theme “Insecurity and the future of the African Business Environment” advised that security does not only stop at the gate of the organization. But efforts should be made to train every category of staff in all aspects of safety and security to make them alert in case of any emergency”.

Prince Ogungbe also told Creekvibes magazine that in the daily operations of his organisation every staff is carried along in order for them to stand the test of time through any process making them understand easily the concepts of organisational management science and administration for the business to grow and keep on operations even if he is no more.
Prince Ogungbe stated the man of the year award which was conferred on him went through a thorough scrutiny of his corporate profile, and personal achievements. The award by the institute is highly competitive with industry proven track records to show for your entrepreneur and ability. He said, the award will galvanise him to work harder for rural communities to be linked with more bridges across the state. “Without God no man can achieve anything in life. So, we should put God first in whatever we are doing. “The way forward for him after this award and investiture is for him to hold the torch of hard-work and shine it to his environment”.
According to the Director of Programmes of the Institute, Dr. Dayo Ogbodo Haastrup, Prince Ogungbe got this award as a result of his desire to open up communities especially in Lagos to complement government’s efforts and his unending character to empower the youths above crime and other negative social vices. He really deserves the award Ogbodo, enthused.
The African Institute of Enterprise Development and Management is a professional training and educational institution. Approved and recognized by the Evaluation and Accreditation Branch. Tertiary Education Department of the Federal Ministry of Education and registered with by the Corporate Affairs Commission as a professional training in enterprise development and management and education institution.
The institute has successfully hosted both national and international conferences and seminars centered on politics, entrepreneurship, education, infrastructures, security finance, technology, politics business, economy, innovation agriculture, transport leadership etc.


  • Produce analytical and problem solving managers and administrators of Industry and Commerce
  • Raise strategic and innovative enterprise leaders through generations
  • Evaluate managers and administrators to become certified for optimal performance in the fields of their disciplines
  • Create a platform for young people in mind mapping
  • To develop policies for recommendation to various governments of Africa and beyond through its research works, conferences and lecture series.
    The institute is run by a board of governing council, who are professionals, business executives from higher institutions of learning with unmatched track records as lecturers, facilitators and research follows. Therefore knowledge empowers you which is the primary focal point for generations of business enterprises ready to withstand any difficult organizational hiccup.