Resource Intermediaries Celebrates 20 Years, Advocates for People

Resource Intermediaries Limited (RIL) marked its 20th anniversary in Lagos, with Managing Director and CEO Ademolasoye Awonaike urging Nigerian startups to prioritize human capital development as a core growth strategy. Awonaike highlighted that the company's resilience through economic challenges was rooted in its people and culture.

He stated, “Technology may transform the workplace, yet people will always transform organizations.” RIL, which began as a three-person firm in 2006, now manages over 20,000 staff across three Nigerian regional offices and international subsidiaries in Ghana and Kenya. Co-founder Olusoji Oyawoye, who led the company for 18½ years, shared insights on overcoming initial challenges by embracing structured mentorship.

He emphasized that investing in people rather than just profits is crucial for sustainability, stating, “When you build your people, they will build the business.” RIL's commitment to training, competitive pay, and transparent customer management has fostered trust across various industries.