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US Navy Honours Lt. Victor Agunbiade For Managing $45 Million


Lieutenant Victor Agunbiade, a Nigerian serving in the United States Naval force has been honoured for effectively managing the country’s largest overseas cash disbursement of $45million. The Nigerian was honoured with the Navy and Marine Corps Development Medal for his outstanding achievement and credibility while in charge of such huge financial asset. Agunbiade who migrated from Nigeria to Lake Crystal, Minnesota, US, in 2007, was hailed by the US Navy for “demonstrating superior leadership” and “unswerving determination, wise judgment and complete dedication to duty.”

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Agunbiade accounted for every cent in his custody while discharging his duties at Camp Lemonnier, Djibouti and was presented with a certificate which speaks highly of him. It reads:

“Meritorious service while serving as disbursing officer, comptroller department, Camp Lemonnier, Djibouti from October 2019 to July 2020 in support of Operation Enduring Freedom and Overseas Contingency Freedom. Demonstrating superior leadership, Lieutenant Agunbiade managed the navy’s largest cash disbursing office with $45m in cash transaction accounting for approximately 70 per cent of the navy’s overseas disbursing volume. Additionally, he maintained 100 per cent accountability of $23m across six rigorous inspections and independent audit with zero discrepancies. By his unswerving determination, wise judgment and complete dedication to duty, Lieutenant Agunbiade reflected great credit upon himself and upheld the highest traditions of the United States Naval Service.”

US Navy

At Camp Lemonnier which served as the Nigerian’s duty post in Djibouti, Agunbiade worked as the US Naval officer responsible for dispersing and collecting money for the entire African region. Further, Agunbiade plays an instrumental role in America’s drive towards rebuilding its military readiness, building strong alliances, and reforming business practices aimed at supporting America’s National Defense Strategy.

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After moving to the United States in 2007, the Nigerian enlisted in the American Navy as a storekeeper in 2008 and would go on to be commissioned as an officer five years later (in 2013). Reacting to his achievement, the Nigerian credited his success in the world’s most capable Naval force to lessons he learned while in Nigeria and few years spent at Lake Crystal.

“One key lesson in life is to treat people with respect. Always give your best in what you do, my dad taught me that.”

Lt. Victor Agunbiade

It will be recalled that in 2018, Agunbiade was named the Navy’s 2018 Officer Recruiter of the Year, an achievement which he has described as his proudest distinction as a US Naval officer.


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Ugo Chinedu

I am a Lion, I love to hit heights that seem impossible so I can motivate others and prove doubters wrong. For me, impossible is nothing. I'm open to learning and I love to read, travel and meet new faces.

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