Silent Billionaire Households in Nigeria

Silent Billionaire Households in Nigeria

Nigeria is a house to a number of billionaire households. Whereas a few of these households are well-known and sometimes celebrated, others have chosen to maintain a low profile and hold themselves away from the general public eye.

These households who’re calling the pictures when it comes to wealth have amassed their wealth for many years from totally different companies and positions. They typically keep away from media consideration and infrequently take part in social occasions or public capabilities. In Nigeria, there are a number of households that fall underneath this class.

Michael Ibru Household

The Ibru household is without doubt one of the most outstanding and influential households in Nigeria identified for his or her success in enterprise and their philanthropic contributions. The households are behind the Ibru Organisation established in 1956 with diversified enterprise in Agriculture, aviation, delivery, banking and oil and fuel.

On the heart of the Ibru household’s success is Michael Ibru, the patriarch of the household. He began when he labored on the United Africa Firm within the 1950sin Lagos, earlier than he later based the Ibru Organisation, which turned one of many largest conglomerates in Nigeria. The corporate’s success made Michael Ibru one of many wealthiest males in Nigeria.

In 1957, he expanded by distributing frozen fish in Nigeria by means of the Ibru Sea Meals, an organization by means of which he imported frozen meals and bought them utilizing the again of a truck. The enterprise grew, which made him a associate with a outstanding Japanese agency.

Different outstanding family members are Micheal’s eldest son Olorogun Oskar Ibru, Felix Ibru, Alex Ibru, Oboden Ibru and Cecilia Ibru.

Felix Ibru is the founding father of an architectural agency earlier than he turned a Delta State governor.  Alex Ibru is the chairman of Rutam Motors and an ex minister of Inside Affairs between 1993 and 1995. Cecilia Ibru was additionally the Former Managing Director and Chief Government Officer of Oceanic Financial institution.

Okoya- Thomas Household

The Okoya-Thomas household  can also be one of the vital outstanding and influential households in Nigeria. The household is understood for his or her success in enterprise, sports activities, and philanthropy. On the heart of the Okoya-Thomas household’s success is Molade Okoya-Thomas, the patriarch of the household.

Molade Okoya-Thomas was the Chairman of CFAO Nigeria Restricted earlier than his demise. His father had earlier served the corporate as the primary native workers for 52 years. Molade was a skilled accountant earlier than he got here to  start his profession as an accountant at CFAO.

He finally turned the Chairman of the corporate and in addition the Director of Transcap Nigeria Restricted, NFI Insurance coverage Firm Plc, Gateway Financial institution Plc and another organizations.

Different outstanding family members embrace Princess Olajumoke Abidemi Okoya-Thomas, a member of the Federal Home of Representatives of Nigeria representing the Lagos Island Federal Constituency of Lagos State.

Igbinedion household

The Igbinedion household is without doubt one of the outstanding households in Nigeria, identified for his or her success in enterprise and politics. The household is predicated in Benin Metropolis, Edo State, Nigeria, and is led by Gabriel Igbinedion, the patriarch of the household. A title known as the Esama of Benin was conferred on him by thethen Oba, Oba Akenzua II

Gabriel Igbinedion who’s a businessman with totally different enterprise empires which embrace oil refinery, diamond, gold,non-public financial institution, a personal College, a personal TV Station, a radio station and several other resorts and actual property.

One other outstanding member of the household is Fortunate Igbinedion, a former governor of Edo State.

Louis Odumegwu Ojukwu

Louis Odumegwu Ojukwu was a outstanding Nigerian businessman and pioneer of contemporary transportation in Nigeria. Ojukwu was one in every of  the primary Nigerian millionaires and the founding father of the well-known Ojukwu Transport Firm (OTC), which was one of many largest transport corporations in West Africa through the Nineteen Fifties and Nineteen Sixties.

Ojukwu Transport Firm (OTC), he turned a big participant within the transportation business in Nigeria. The corporate supplied transportation providers to passengers and items between Lagos, Onitsha, and different main cities in Nigeria. Ojukwu’s firm was the primary in Nigeria to supply insurance coverage cowl to passengers and items, and the primary to introduce comfy air-conditioned buses to the nation.

Ojukwu’s enterprise success and status made him a revered member of society. He was conferred with the title of Eze Ukwu II of Ngwa, a conventional title within the southeastern a part of Nigeria, and was additionally a member of the Japanese Home of Chiefs. He used his wealth and affect to contribute to the event of his neighborhood and supported schooling and healthcare initiatives in his hometown of Nnewi.

His son, Chukwuemeka Odumegwu Ojukwu, later turned a outstanding determine in Nigerian politics and led the breakaway state of Biafra through the Nigerian Civil Battle. 

In the present day, the Ojukwu household stays one of the vital influential households in Nigeria, with a number of members persevering with to make vital contributions to enterprise and politics within the nation.

Ibrahim Babangida

One of many richest political households within the nation is Ibrahim Babangida. Ibrahim Babangida is a retired Nigerian Military basic and statesman who served because the navy President of Nigeria from 1985 to 1993.

Babangida joined the Nigerian Military in 1962 and rapidly rose by means of the ranks. He participated within the Nigerian Civil Battle and performed a big function in quelling the tried coup towards the then navy Head of State, Basic Muhammadu Buhari, in 1983.

One other outstanding member is his first son Muhammed Babangida, who’s a businessman and a former navy officer. Halima Babangida, his youngest baby is a author and journalist who has labored for a number of media retailers in Nigeria, together with the Day by day Belief and Newswatch. 

Moshood Kashimawo Olawale Abiola

Moshood Kashimawo Olawale Abiola was a outstanding Nigerian businessman, philanthropist, and politician. He was born Abeokuta, Nigeria, and died in jail custody in Abuja, Nigeria. Abiola was a extremely revered determine in Nigeria, identified for his immense wealth, philanthropy, and political activism.

His father, Alhaji Salawu Abiola, was a profitable dealer and businessman who was extremely revered in the neighborhood. 

Abiola had a number of kids, together with his son Kola Abiola, who can also be a profitable businessman and political determine in Nigeria. Kola Abiola has continued his father’s legacy of philanthropy and political activism, working to advertise schooling, healthcare, and financial improvement in Nigeria.

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