Greater Good to a larger number!
Our guiding mantra is a promise for all-round sustainable human capacity development and empowerment
Partners for social Good!
Focused on Doing Good for Lagos East
- 32 years of public & corporate experience
- Serving as the Honourable Commissioner of Finance, Lagos State (2011 -2013)
- Pioneer and former Managing Director/Chief Executive Officer of Polaris Bank Limited
Senator Mukhail Adetokunbo Abiru, FCA and or “Tokunbo Abiru” is an accomplished Nigerian Banker, Chartered Accountant, and now a Public Servant. He is currently the Senator, representing Lagos East Senatorial District in the 10th Nigerian National Assembly, after about 32 years’ Corporate experience (of which 29 years was spent in the banking industry).
He is currently the Chairman, Senate Committee on Banking, Insurance and other Financial Institutions as well the Chairman of the Nigerian Southern Senators Forum in the National Assembly. He was also the Chairman, Senate Committee on Industries in the 9th National Assembly.
He was the pioneer and former Managing Director/Chief Executive Officer of Polaris Bank Limited. He led the turnaround of erstwhile Skye Bank Plc, as Group Managing Director/Chief Executive Officer, under the CBN-induced take-over of the Bank, in a bid to avoid its collapse and also preserve the stability of the overall Nigerian Financial System.
His banking career were in top Nigeria Financial Institution such as First Bank of Nigeria (2002 - 2016), where he rose to the level of Executive Director, Corporate Banking and Guaranty Trust Bank (1991 - 2000).
Tokunbo Abiru, also served on other notable boards as Non-Executive Directors; FBN Capital Limited (now FBN Quest Merchant Bank Limited); FBN Bank Sierra-Leone Limited; Airtel Mobile Networks Limited; and Nigeria Inter-Bank Settlement System Plc. (NIBSS).
During the course of his professional career, he also had the privilege of serving as the Honourable Commissioner of Finance, Lagos State (2011 - 2013), under the transformational Leadership of Mr. Babatunde Raji Fashola (SAN).
Senator Abiru’s passion for human capital development is most evident through his Endowment initiative, anchored on the SAIL Empowerment Foundation. The Foundation, funded from his personal resources, his wife’s contributions, and the goodwill of well-wishers, focuses on uplifting underserved communities through various social interventions.
A flagship program of the SAIL Empowerment Foundation is the SAIL Innovation Lab, which focuses on empowering young people through innovation and technology. The Academy, located in Ikorodu, Lagos, offers world-class training facilities managed by the best in class faculty led by Co-Creation Hub (CcHub), a foremost technology and innovation company in Africa, with offices in Lagos, Nairobi, Kigabi, South Africa and London.
Some of the programs currently running in the facility are: Tech Talent Development; Start-up Accelerator; STEM; Teachers’ Fellowship; Data Science; and Soft skills. Average program tenure is about six (6) months, and all programs are free of charge for the participants. To date over 9, 000 constituents have benefited from this program. This initiative reflects Senator Abiru’s commitment to equipping the next generation with the skills necessary to thrive in a rapidly changing world.
Senator Tokunbo Abiru holds a B.Sc Economics from Lagos State University, and he is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and an Honorary Fellow of the Chartered Institute of Bankers of Nigeria (FCIB). He is an alumnus of both Lagos Business School (LBS) and Harvard Business School (USA).
Tokunbo Abiru retired from banking in August 31st, 2020 and he is a Senator of the Federal Republic of Nigeria, representing Lagos East Senatorial District in the National Assembly since December 2020.
Senator Mukhail Adetokunbo Abiru, FCA, is happily married to Mrs. Feyisola Abiru and they are blessed with children.
The values that drive everything we do
Our #DoingGood to Greater Number mantra is the driving force behind our values.
Transparency
We operate an open door which encourages free flow of information and create new opportunities for our constituents.
Hard work
We work round the clock to ensure we bring people-oriented legislation, empowerment programmes & facilitations that'll raise the standard of living of our people.
Empathy
We understand your concerns and fears about our communities and nation. You are not alone.
Equality
Access to our programmes are devoid of tribalism, religious sentiment, colour and party affiliations.
Freedom
Wherever you live, we believe every Nigerian has the constitutional freedom to accomplish his or her dream without any encumbrances.
Innovation
This runs in our DNA. We'll continue to look for unique ways and partners that would make #DoingGood a Nigerian reality!
Our achievements so far?
Our commitment to the good constituents of Lagos East senatorial district is unwavering
Browse Tokunbo Abiru’s timeline
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November 22nd 2025
Senate Holds Zonal Security Summit In Lagos, Senator Abiru, South-West Stakeholders Push For Indigenous Solutions, Modern Technology, State Police To Tackle Insecurity
In a bid to combat the rising security challenges facing the nation, the Nigerian Senate held the South-West Zonal Security Summit, in Lagos, on Friday, where major stakeholders across security agencies, government, civil society, and traditional institutions renewed calls for the adoption of indigenous security solutions, advanced technology, and state policing as part of efforts to address Nigeria’s escalating security challenges. The Senator representing Lagos East Senatorial District, Senator Mukhail Adetokunbo Abiru, who is the Chairman of the South-West geopolitical zone interactive hearings of the 10th Senate's ad-hoc committee on the National Security Summit, in his remarks charged Nigerians to collectively join hands to defeat insecurity.  Abiru, who is the Chairman, Senate Committee on Banking, Insurance and Other Financial Institutions and Chairman, Southern Senators’ Forum, stressed the need for stronger collaboration among all stakeholders to tackle insecurity effectively. He said, "While the South-West has not experienced the full brunt of terrorism as in some other regions, the rise in banditry, kidnapping, and violent crimes across our states is deeply troubling. "Our villages and farmlands have come under increasing threat; farmer-herder clashes have been on the increase, our highways have seen more daring incidents, and the disturbing spread of armed groups such as the reported Lakurawa incursion into parts of Kwara and Kogi underscores the urgent need for proactive measures. If decisive action is not taken, the danger could spill fully into the South-West geo- political zone. "We must not allow the South-West to become a sanctuary for criminality or a battleground for those who seek to destabilise our nation. We must use every resource – human, material and technological – to defend our communities.  "No effort is too small in the quest to secure the South West Zone and our nation. Security is a collective responsibility. We must build trust, stay vigilant, and report suspicious activities promptly to our community leaders and security agencies," he said. Senator Abiru also urged the media to see the fight against insecurity as a national duty, noting that "We must promote narratives that strengthen unity, inspire confidence, and avoid framing our national challenges along ethnic or religious lines. Let us strive to paint a positive and reassuring picture of our country", he admonished. The Governor of Lagos State, Mr Babajide Olusola Sanwo-Olu, who was represented at the event by the Chief Executive Officer of the Lagos State Security Trust Fund, Dr. Ayodele Ogunsan, reaffirmed his administration’s commitment to strengthening security architecture in Lagos State. He also called for a regional security framework, noting that security is essential not only for peace but also for economic stability. He said, "As governors of this region, we must reaffirm our commitment to a regional security framework, which includes transforming Amotekun into a more unified, well-equipped, technology-driven command that can facilitate cross-state intelligence sharing and joint operations. Our traditional institutions – our Obas and community leaders – must remain central to this framework, as no one knows the heartbeat of local communities better than they do. "Security is not just about keeping the peace; it is about ensuring our economic survival. When insecurity disrupts markets, farmlands, transportation, and investment, our GDP takes a hit, livelihoods crumble, and growth stalls. A region that cannot promise safety cannot promise prosperity either. That is why our strategy needs to be proactive, driven by intelligence, and deeply embedded in community involvement”.  Also speaking, Senator Ibrahim Jimoh, representing Ondo South and sponsor of the bill establishing the National Security Summit, stated that terrorism and insurgency require non-conventional approaches involving both military and civilian efforts. Senator Gbenga Daniel, representing Ogun East, also called for collaborative efforts by all stakeholders to address insecurity in Nigeria. During his presentation, Lagos State Commissioner of Police, Moshood Jimoh, emphasised the need to sustain the current moment, noting that security challenges are often local and require local solutions. Speaking on behalf of traditional rulers, the Alara of Ilara in Epe, Lagos, Oba Olufolarin Ogunsanwo, advocated community policing, the use of modern technology, a joint task force comprising all security agencies, expanded police recruitment, increased funding, better equipment and more employment opportunities to limit youth restiveness and associated threats.  He said that President Bola Tinubu’s administration had intensified collaboration with international partners but noted that weak structures at the grassroots continued to derail progress. On his part, the Aare Onakankanfo of Yorubaland, Iba Gani Adams, maintained that state policing remains a key solution to tackling insecurity nationwide. Representatives of civil society organisations, women, youths, and Christian and Islamic leaders also called for improved welfare packages for security operatives to motivate them to diligently discharge their duties without fear or favour.
November 12th 2025
Senate, Stakeholders Back ₦1tr Capital Base for NEXIM Bank, reform of Insurance regulatory framework
The Nigerian Senate has reaffirmed its commitment to strengthening Nigeria’s financial regulatory framework to enhance economic growth and global competitiveness, recommending N1 trillion as capital base for the Nigerian Export-Import Bank. The Chairman, Senate Committee on Banking, Insurance and Other Financial Institutions, Senator Mukhail Adetokunbo Abiru, FCA, speaking at a public hearing on the Nigerian Export-Import Bank Act (Amendment) Bill, 2025 (SB. 599) and the National Insurance Commission Act (Repeal) and Insurance Regulatory Commission Bill, 2025 (SB. 394), held at the National Assembly Complex, Abuja on Wednesday, said the two Bills represent a major step toward modernizing Nigeria’s financial laws to meet current realities.  Abiru explained that the amendment to the Nigerian Export-Import Bank (NEXIM) Act, first enacted in 1991, aims to reposition the institution to better promote non-oil exports, support small and medium enterprises, and facilitate trade financing in line with global best practices. He noted, “It is however important to note that the existing NEXIM Act was enacted in 1991; over thirty years ago. The structure and realities of both the global and domestic economies have evolved significantly since then. The law has therefore become outdated and inadequate in addressing modern trade realities, technological advancements, and new financing models that now define the global export landscape. This amendment, therefore, seeks to modernize the enabling law to align with contemporary best practices and Nigeria’s strategic economic priorities.  On the National Insurance Commission Act (Repeal) and Insurance Regulatory Commission Bill, the senator said the legislation seeks to overhaul the insurance regulatory framework, which has remained largely unchanged since 1997. The new Bill proposes the establishment of a stronger, more responsive Insurance Regulatory Commission to address emerging issues such as digital insurance products and fintech innovations. According to Abiru, both Bills symbolize the Senate’s broader reform agenda to modernize financial institutions, strengthen regulatory oversight, and align Nigeria’s financial system with international governance and transparency standards. “These Bills reflect the Senate’s commitment to supporting the executive’s economic reform initiatives, strengthening institutional efficiency, and aligning our financial sector with global standards,” he said. He stressed that public hearings like this are vital to participatory lawmaking, as they allow policymakers, regulators, and industry experts to provide input that ensures the resulting legislation is both practical and transformative. The Honourable Minister for Trade and Investments, Jumoke Oduwole, lauded the Senate for their support in driving President Bola Tinubu-led administration’s vision of building a one trillion dollar economy. Mr Olusegun Omosehin, the commissioner for Insurance/ Chief Executive National Insurance Commission, Abuja, in his remarks commended the Nigerian Senate, particularly Abiru-led committee for providing the regulatory framework for the sector to blossom. Also the Managing Director/ Chief Executive, NEXIM, Mr. Abba Bello, strongly supported the proposal for the establishment of an export development fund to enhance the operational effectiveness of the bank, stressing that “despite Nigeria’s vast potential, non-oil exports contribute less than 10% of total foreign exchange earnings, largely due to inadequate export financing”. Abiru assured stakeholders that all submissions and recommendations made at the hearing would be carefully considered in the committee’s report to the Senate.
November 4th 2025
Senator Tokunbo Abiru Lauds Players As Oyo Emerges Champion at 2nd Mixed Table Tennis Championships
The co-founder, SAIL Empowerment Foundation, Senator Mukhail Adetokunbo Abiru, FCA has commended athletes for their gallant performances at finals of the 2nd Edition of the Senator Abiru Mixed Team Table Tennis Championships (2.0) on Saturday, at the Molade Okoya-Thomas Hall, Teslim Balogun Stadium, Lagos. The unrelenting Oyo team stunned the field to emerge champions at the Championships, led by the dynamic duo of Wasiu Azeez and Halima Hussein, Oyo defied the odds in a tournament featuring 30 teams from Nigeria, Togo, and the Benin Republic. Despite being unseeded, Oyo and Bayelsa battled their way to the final, outplaying top-seeded teams such as Lagos, Edo, and Kwara.  The final, witnessed by the tournament’s financiers and sponsors, Senator Tokunbo Abiru and his wife, Feyisola, showcased thrilling rallies and dazzling skills that captivated spectators. Oyo took an early lead by winning the mixed doubles, but Bayelsa’s Hope Udoaka leveled the score. Azeez then delivered a spirited comeback, overturning a 1-0 deficit to defeat Samuel Boboye 3-1.  Hussein, alongside her women’s doubles partner Khadijat Okanlawon, sealed the victory by defeating Udoaka and Iyanuoluwa Falana, securing a 3-1 triumph for Oyo. In the third-place match, Kwara bounced back from their semifinal loss with a dominant 3-0 win over Lagos Team 2, clinching the bronze medal at the N5.5 million prize money event. Speaking at the closing ceremony, Senator Abiru, who is the Senator representing Lagos East Senatorial District, expressed deep pride and gratitude over the success of the tournament, describing it as a testament to the power of sports to inspire excellence and foster inclusion.  “This tournament has once again shown that when we create the right environment for our youth, talent flourishes, friendships blossom, and excellence thrives. Throughout the championships, we witnessed an abundance of passion, skill, and sportsmanship. Our athletes from across Nigeria and other parts of Africa reminded us of the beauty of competition and the unity that sports can foster,” he said. Senator Abiru, alongside his wife Mrs. Feyisola Abiru, established the tournament through the SAIL Empowerment Foundation to empower young people and use sports as a tool for social impact. The foundation’s broader mission nurtures talent across technology, entrepreneurship, and innovation.  The Senator commended all players for their dedication and sportsmanship, noting that every participant, medalist or not, was a champion in their own right. He also congratulated the winners for their hard work and discipline, encouraging others to keep striving for excellence. Acknowledging the support of key partners and officials, Senator Abiru extended special appreciation to Barrister Wahid Enitan Oshodi, President ITTF Africa, ; Dr. Kweku Tandoh, ITTF Africa Chief Operating Officer; Mr. Ferdinard Sounou, ITTF Africa Regional Vice President (West); Dr. Adesoji Tayo, President of the Nigerian Table Tennis Federation (NTTF); and Mr. Deji Abisola, Chief Impact Officer of the SAIL Empowerment Foundation.  “Your efforts have made this tournament not only successful but memorable,” Abiru also thanked the residents of Lagos East and all guests for their enthusiastic support. The Senator revealed plans to make the next edition “even bigger, better, and more inclusive”. The Chief Impact Officer, SAIL Empowerment Foundation, Deji Abisola, in his interview with newsmen, reiterated that the Foundation remained focused in creating platforms in sports, tech and entrepreneurship for creativity of young people in Lagos to have blossom.
October 22nd 2025
Lagos APC Forum:Senator Abiru Endorses President Tinubu for 2027, Hails Impressive Scorecard
The Senator representing Lagos East Senatorial District, Senator Mukhail Adetokunbo Abiru, FCA, has reaffirmed his unwavering support for President Bola Ahmed Tinubu, GCFR, at the Lagos State All Progressives Congress, APC, Stakeholders Forum 2025 held on Tuesday in Lagos, describing President Tinubu’s leadership as courageous, visionary, and transformative. Abiru lauded President Tinubu’s bold reforms, including the removal of fuel subsidy, unification of the Foreign Exchange market, and redirection of resources to key sectors, which according to him have restored economic stability and fiscal discipline. “Two years ago, Nigerians entrusted him with the leadership of our nation at one of the most difficult moments in our modern history. The economy was distressed, public confidence shaken, and our national direction uncertain. Yet, true to his courage and visionary spirit, President Tinubu chose the harder but more honourable path: the path of reform, restructuring, and renewal,” Abiru said.  He highlighted key achievements such as the NELFUND educational loans for over 510,000 students, CrediCorp loans worth ₦30 billion to 150,000 Nigerians, the new ₦70,000 minimum wage, and Project Bridge, a 90,000km fibre optic network powering digital transformation. Abiru applauded the synergy between the National Assembly and the Executive, noting that landmark laws, including the Nigerian Insurance Industry Reform Act (NIIRA) 2025, Student Loan Act, Electricity Act Amendment, Data Protection Act, and Police Reform Bill, Security Agency Acts, Nigerian Broadcasting Commission (Amendment) Bill and Startup Act implementation framework, both aimed at deepening innovation, protecting local content, and nurturing tech ecosystem; and Revenue Administration Harmonisation Bill, have strengthened the Renewed Hope Agenda of the President Bola Tinubu administration. “These legislative interventions are the backbone of the President’s reforms, providing legal and institutional stability,” he added. Speaking further, Abiru, who is the Chairman of the Southern Senators’ Forum, reaffirmed Lagos’ historic role in progressive governance, recalling how President Tinubu’s era as Lagos governor set the foundation for fiscal innovation and inclusive growth, which is now replicated nationwide. “On behalf of the good people of Lagos East Senatorial District and in concert with the collective will of our great party, I proudly and unequivocally endorse President Bola Ahmed Tinubu for re-election in 2027”, Abiru declared. Senator Abiru, Chairman of the Senate Committee on Banking, Insurance and Other Financial Institutions, concluded by urging continued collective support for the President’s Renewed Hope agenda, describing it as “a legacy of visionary leadership, courageous reform, and a united Nigeria.”