With economic growth of 0.55% in the second quarter of 2017 Nigeria seems headed out of its recession, the worst it has experienced in 25 years. Make no mistake, however. That is only recovery in a technical sense: a recession technically happens when Gross Domestic Product (GDP) growth in an economy is negative for two consecutive quarters
CEO of Gemstone Group
Fela DUROTOYE is a Nation Builder & the Chief Executive Officer of the Gemstone Group, a Leadership Development Institution aimed at raising leaders of excellence and exemplary values who would be committed to building Nigeria into a most desirable nation to live in by Wednesday the 31st of December 2025. Fela DUROTOYE is considered one of Nigerian’s leading strategist and business thinkers.
He is also an Alumnus of Kennedy School of Government Executive Education program of the prestigious Harvard University, Boston (Massachusetts) as well as attended High impact Leadership for a better society Program at the prestigious Yale University, New Haven (Connecticut) and The Leadership Institute, Arlington (Virginia) all in the United States of America. He is also a certified leadership coach of the John Maxwell Team. In 2015, Fela completed the Executive Seminar program on Strategy, Innovation & Governance with specific focus on Sustainability for NGOs and Corporate Organizations at the prestigious Lagos Business School (LBS).
He presently lectures on Leadership at the prestigious Stanford University Seed Program to CEO’s of businesses with operations across the African continent. His clients include several blue chip companies spanning the entire spectrum of the Nigerian Economy. The list of corporate clients in the private sector that have been assisted by Fela DUROTOYE in their quest for phenomenal service leadership culture and corporate transformation management spread across different spheres of the economy. His clients are spread across the Banking & Investment Institutions, Oil & Gas, telecommunications, Manufacturing & FMCG as well as in the multilateral and public sectors and several State Governments.
Fela has been at the forefront of the movement to build a New Nigeria. He is renowned for history making on the national or global stage. Over the past decade, FelaDurotoye has built a track record of National Transformation projects, many of which are so bold and audacious; near impossible tasks. For instance, in December 2009, he championed the largest urban renewal project in Nigeria’s history known as MUSHIN MAKEOVER. Fela mobilized over 2,000 volunteers to paint 296 houses across 7 streets of the Mushin suburb of Lagos, AT NO CHARGE to the owners and resident of the buildings.
Perhaps Fela’s most significant contribution to Nation Building is the VALUE SYSTEM which he developed and is currently being endorsed and actively promoted by over 30,000 Nigerians across all gender, tribe, social class or religious affirmation. The 10 Values have now been articulated into a PERSONAL CREED and is being adopted by individuals, organizations, professional associations ( such as Association of Private Educators of Nigeria, the Nigerian Institute of Mechanical Engineers and the Mortgage Bankers Association of Nigeria), and more recently government agencies and parastatals.
He is married to Tara, a renowned makeup artist, beauty entrepreneur and Chief Executive Officer of the House of Tara and together, they have 3 boys the first of which is Mobolurin, Demilade & Morolaoluwa who think their dad is a Super Hero!.