Pascal Dozie Dies At 85: Ex Imo Deputy Gov, Madumere, Mourns

Prince Eze Madumere Mourns the Passing of Business Icon, Dr. Pascal Dozie, at 85.
Former Deputy Governor of Imo State, Prince Eze Madumere, MFR, has expressed deep sorrow over the passing of the esteemed Nigerian business magnate, economist, and philanthropist, Dr. Sir Pascal Gabriel Dozie, who died at the age of 85.
In a heartfelt condolence message personally signed, Prince Madumere described the demise of Dr. Dozie as a monumental loss — not only to the people of Egbu in Owerri North LGA, Imo State, but also to the entire Nigerian nation and the global business community.
“Dr. Pascal Dozie was a man of extraordinary wisdom, humility, and visionary foresight,” Madumere noted.
“His contributions to the growth and transformation of Nigeria’s banking industry, telecommunications sector, and hospitality space are enduring and truly indelible.”
The former Deputy Governor highlighted Dr. Dozie’s pivotal role in reshaping Nigeria’s economic landscape, praising his entrepreneurial prowess and leadership in finance and digital innovation.
He described the late business icon as a trailblazer whose legacy will continue to inspire generations of leaders and entrepreneurs across Africa and beyond.
“Late Ndaa Pascal Dozie was not just a businessman; he was a global asset,” Prince Madumere stated.
“His remarkable legacy will forever remain a reference point for excellence, vision, and service.”
Offering prayers for the peaceful repose of Dr. Dozie’s soul, Prince Madumere also extended his deepest sympathies to the bereaved family and prayed for God’s comfort and strength to help them bear the irreparable loss.
Dr. Pascal Gabriel Dozie, CON, born in 1939 in Egbu, Owerri North LGA of Imo State, was a towering figure in Nigeria’s corporate history.
He was the founder of the now-defunct Diamond Bank—later merged into Access Bank—once regarded as one of Nigeria’s most respected financial institutions.
He also served as the pioneer Chairman of MTN Nigeria, playing a transformative role in revolutionizing the country’s telecommunications landscape.
A Harvard-trained economist and renowned investor, Dr. Dozie held numerous top-tier positions across sectors and was celebrated for his ethical leadership, strategic intellect, and steadfast commitment to Nigeria’s economic development.
His philanthropic initiatives empowered countless youths, promoted education, and championed sustainable enterprise nationwide.
Reflecting further, Prince Madumere reminisced about his professional interactions with the late icon:
“We worked closely based on family affinity and I laud his courage to float Diamond Bank at a time when many Igbo-owned banks were collapsing. His courage and leadership were exemplary.”
Madumere also praised Dr. Dozie’s humility, describing him as a man who chose simplicity over ostentation, even refusing to flaunt honorific titles many others would insist upon.
“He was a kingmaker who supported political candidates with his resources but never sought political power himself.
A man of quiet influence in the Nigerian Stock Exchange and mentor to many, he led a life of substance with elegance and grace,” Madumere added.
“His life was a model of humility, excellence, and patriotism. The legacy of Ndaa Pascal Dozie will remain etched in the annals of Nigeria’s socio-economic development.
He was an icon of ethical entrepreneurship, a pillar of corporate leadership, and a guiding light for aspiring professionals and business leaders.”
Adieu, Ndaa Pascal. May your noble soul rest in eternal peace in the bosom of the Lord.