Preservation Of Culture, Traditions Key To Nigeria’s Economic Revival – Gani Adams

To regain her rightful place among the comity of nations, Nigeria must begin to consciously protect and project its rich cultural and traditional practices for the world to see.

Aare Ona Kakanfo of Yorubaland, Iba Gani Adams, made the call on Monday at the 2025 Wealth Festival (Odun Aje) held in Orile-Agege in Lagos State.

Iba Adams, while establishing a nexus between the cultural revolution of the Asian nations and their economic breakthrough, said Nigeria must take a cue and stop allowing modern religious beliefs and practices to relegate age-long practices of our culture and tradition as a people, to the background.

“Most of the Asian nations protected and projected their culture and tradition. They did not allow the practice of religion to discountenance their strong culture and traditions. And today, they are better for it. The truth is that the practice of religion, and culture and tradition should go hand-in-hand,” he said.

Speaking on the essence of the Wealth Festival (Odun Aje), which is organised annually under the auspices of the Olokun Festival Foundation (OFF), Iba Adams noted that by understanding and participating in the festival, participants were appreciating the rich cultural heritage and the enduring significance of the traditions of the Yoruba people.

Iba Adams also empathised the festival’s spiritual significance, highlighting its deep spiritual meaning and the connection between the material and spiritual worlds.

“As we celebrate the festival today, we are promoting our cultural identity, aligning with the spirit of wealth and at the same time seeking abundant blessings and wealth from the spiritual realm,” he said.

He stressed that the primary focus of the Aje Festival was to seek blessings for wealth and economic success, adding, “It is our belief that honouring the Aje deity brings prosperity to our businesses and financial ventures.”

“I must let you know that the more we celebrate the spirits behind Aje, the more they will pour wealth unto our land and make our people prosper. This is one of the strategic secrets of the Asians that they do not discountenance.

“Up till sometime in the 1970s, the economies of most Asian countries was worse than that of Nigeria. But when they began their cultural revolution, protecting their identity, their culture and tradition, and projecting them to the world, the result is that the world has taken notice of them.

“For instance, there is hardly any nation in the world that does not have trade and commerce relations with China, among other notable Asian countries. In fact, many nations of the world not only trade with China, they also borrow money from China,” he added.

Iba Adams expressed delight at how well the idea of the Wealth Festival has been accepted across South-West Nigeria and other places where the Yoruba people exist globally since the Olokun Festival Foundation pioneered its annual celebration in 2013.

This year’s festival featured a lot of prayer sessions and parades by the aje-bearing maids. It brought together people from different walks of life, fostering a sense of community among attendees who travelled from far and wide to attend.

With fuji artiste, Wasiu Alabi Pasuma, as the main music act, it also featured traditional music and dance. This is just as there were lots of economic activities, with people showcasing local crafts, food, and other products.

Dignitaries at the event included His Royal Majesty (HRM), Oba Hakeem Agbedeyi, Alaige of Orile-Agege; HRM Oba Adewale Ogunronbi, Onishasha of Shasha Kingdom; HRM Oba Akeem Eweobaja, Alaguda of Aguda; HRM Oba Adewale Amodemaja, Onimapara of Mapara Kingdom, HRM Oba Adeshoga Williams, Alagbado of Orile Agbado, and HRM Oba Mudashiru Atanda, Onishaga of Ishaga-Abosude, among other chiefs.