Boss Of The Week
Michael Ade-Ojo: Excellent, Hardworking Businessman @80
Published
6 years agoon
By
EricBy Eric Elezuo
It is often said that what matters in the act of building businesses is not how big one starts, but how right. The truth is told of many who started with the right mentality even with little or no resources, and made it to enviable height. All such people did was dream big, employ determination, and inject plenty of hard work, and the rest, as the saying goes, is history.
And such is the success story of Nigerian multi-millionaire, Michael Ade-Ojo, the founder and CEO of the Elizade Group of companies, who started with next to nothing and through a dint of hard-work, catapulted himself to the height where only millionaires are found.
He was an early starter who at a very tender age, became a street vendor, and started selling charcoal, food, and firewood to help make ends meet.
Chief Micheal Ade-Ojo was born on June 14, 1938 at Ilara-mokin, a town in Ondo state into the family of the late Chief Solomon Ojo and Mrs. Beatrice Ademolawe Ojo.
Although born at a time when there was little or no financial aid for the less privileged, and parents believed a lot lesser in education, he still successfully made it through high school, and later got a degree in Business Administration from the university.
He attended St. Michael’s Anglican School, Ilara-Mokin, Ondo State, before proceeding to Imade College, Owo, where he stayed between 1954 and 1958, and obtained the West Africa School Certificate.
He proceeded to the University of Nigeria, Nsukka (UNN) in 1961, and obtained a Bachelor of Arts (B.A.) degree in Business Administration in 1965.
After his graduation, he joined the work force at CFAO motors; a French distribution company. The company paid the tuition for his last two years in the university as a result of his dexterity and commitment to duty.
In 1966, reports had it that while still working as a salesman for CFAO motors, he successfully sold 20 trucks to the Electricity Corporation of Nigeria, but to his dismay, his manager took credit for the sale. In frustration, he protested, but instead of the review of the situation, he was laid off at the end of the year.
He was not the type to suck over spilled milk, and so he moved on immediately after, and got a job at British Petroleum (BP). The quality of good salesmanship is hardly hidden, and his was very prominent. Therefore, within three months of his employment, he increased the sales of his local division by 25%. But like a case of deja vu; just as he was unfortunate with his previous employment, his new boss took credit for the outstanding growth, and this left him aggrieved and lost.
While in Lagos, during his annual British Petroleum (BP) holiday, he decided to take a daring step to approach the RT Brisco Group; an importer and distributor of trucking and automobile equipment. He made them an offer to sell their equipment for a commission on every successful sale.
After careful consideration, the RT Brisco Group decided to give him a trial. In just four months after he sealed the deal with RT Brisco, he sold about 40 cars. The commission earned from the total sales, were overwhelmingly higher than his yearly salary at BP. This motivated him to quit his job, and pursue his dreams.
In 1971, he started the company, Elizade Independent Agencies (EIA), with his wife, Elizabeth Wuraola Ojo. The name Elizade, was derived from both his wife’s name, Elizabeth, and his name, Ade. His company focused on the distribution of automobiles in Nigeria, especially Japanese cars.
He acquired the license to import Toyota Cars, with the name, Toyota Nigeria Limited, and single handedly, made the car brand, the most sought-after automobile brand in Nigeria. He later went on to acquire 100% of RT Briscoe in Nigeria, and subsequently acquired more shares, to make his total holdings in Toyota Nigeria Limited, sum up to 74%.
Today, his conglomerate consists of Toyota Nigeria Limited, RT Briscoe Nigeria, Elizade Auto Land, Classic Motors Limited, Crow Motors Nigeria Limited, Elizade University, Okin Travels Limited, and a host of other investments.
Ade-Ojo is also on the board of several Nigeria banks and other companies such as Ecobank, First City Monument Bank, and SMT Nigeria Limited (the official distributors of Mack trucks, Volvo trucks and Volvo Construction Equipment).
The story of Micheal Ade-Ojo is one of impeccable success. It shows an individual who not only mastered his craft, but also knows when and how to take advantage of opportunities before others start to notice. He stood above obstacles and frustrations and became, not only a great vehicle sales expert, but a man whose big fingers are in many pies, growing them successfully.
Chief Ade Ojo is a recipient of a number of awards both at home and abroad. He was awarded the national honour of Officer of the Order of the Niger (OON) in 2005. Chief Ade Ojo has attended several top management development courses including the Chief Executive Programme of the Lagos Business School.
He is happily married to Taiwo Ade-Ojo; a woman he married in 2012 after the death of his first wife, Elizabeth, with whom he began his business empire. Ade-Ojo is blessed with prolific children, among whom is Deola Sagoe.
Today, Chief Ade-Ojo has seen four decades of existence, and was privileged to celebrate his 80th birthday a few days ago with the high and mighty in the Nigerian social and business circle.
In recognition of his support to both the nation and humanity, President Muhammadu Buhari wrote him a birthday tribute, which read in part: “On behalf of my family, the Federal Executive Council and all Nigerians, I write to heartily congratulate you on this landmark occasion of celebrating your 80th birthday.
“We are particularly delighted to share this auspicious moment with you and your family knowing that almost all the preceding years of diligence and sacrifice were spent in service of God, our country and humanity. Indeed, your visionary and entrepreneurial lifestyle has influenced our lives in immeasurable ways.
“As a nation, we remain grateful for your contributions to Nigeria’s economic and social growth, especially the investments in people. Your remarkable interest in inspiring and supporting young people has been reflected in scholarships, grants and the eventual establishment of a university.
“Evidently it has been a worthwhile journey, and as you celebrate this milestone of turning an octogenarian, be assured that we are eagerly waiting to be regaled with the memoirs of your long walk to success with the Elizade brand, and the lessons on entrepreneurship that will permeate generations.”
Sir, for your dexterity, and ability to hold your head high in the midst of betrayals and frustration; building a business empire that can only be envied, you deserve to be our Boss of the Week. Congrats!
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Dr Stephen Akintayo: Leading Gtext Homes to Strategic Marketing Advantage
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EricHOW DID YOU COME ABOUT THE RELATIVE HUMILITY YOU ARE TODAY ASSOCIATED WITH?
I advise young people who rush into politics to build a name, if you do something solid the politicians will beg you because they know you have the solution, the capacity, and the answers. For me, I am very well positioned globally, growing my business is very important to me, supporting people in government across the world. We want to start partnering with people in government but we want to make sure our record is clean, our stories are clear because if you do not tell your stories, others will tell their own and their own will become the truth so we need to tell our own.
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Adedeji Adeleke: Celebrating a Philanthropist at 67
Published
3 weeks agoon
March 10, 2024By
EricBy Eric Elezuo
At 67, he still remains one of the most sought after personalities with the milk of human kindness. His philanthropy reverberates across the length and breadth of the African continent, and with a net-worth of over 1.7 billion in United States of American dollars, it is not hard to imagine that the erudite scholar and reputed oil and real estate magnate, Dr. Adedeji Adeleke, is a force to reckon with in the Nigerian socio-political and economic terrain.
To many, he is the hitherto unknown ‘Baba Olowo’, as represented by his son, David Adeleke, in his hit song, Emi Omo Baba Olowo, to many others, he is just the father of one of Nigeria’s successful musicians, Davido, and to many others, he is the pathfinder that has helped in paving a path of fruitfulness for the Adeleke family in particular, and the people of Osun State in general.
Ebullient and renowned, Dr. Adedeji Tajudeen Adeleke, a native of Ede in Osun State, was born on March 6, 1957 in Enugu State, to Ayoola Raji Adeleke and Esther Nnenna Adeleke. Growing up with his maternal grandmother, fashioned in him the distinct features of Nigerian-ism thus becoming one of the few Nigerians, who are privileged to savour the true Nigerian originality, boasting of two physical ethnicities – Yoruba and Igbo.
Adeleke’s linage is blessed as his siblings are also movers and shakers of the Nigerian political and economic environments. His elder brother, late Senator Isiaka Adetunji Adeleke, was the first civilian governor of Osun State, and his younger brother, Senator Ademola Adeleke, is the present governor of Osun State.
Fondly called Deji by family members and loved ones, and Chairman by friends and associates, Dr. Adeleke, whose father was a renowned labour leader and activist, in addition to being the Balogun of Ede land and one time Senator of the Federal Republic of Nigeria, is many things one.
Tapping from the Igbo background of his beloved mother and the Yoruba originality of his father, Dr. Adeleke has overtime showcased qualities that stood him out as a believer in the oneness of the country, Nigeria.
Dr. Adeleke lived his early life in Enugu, where he developed inert abilities to mastering business craftsmanship, before moving to Ansar-Ud-Deen Primary School, Surulere Lagos, for his primary education. Thereafter, he proceeded to Seventh-Day Adventist Grammar School, Ede where he graduated from in 1975, obtaining his West African School Certificate in flying colours.
His brilliance, coupled with opportunities, created a leeway for him thereafter to proceed to Western Kentucky University in the United States of America where he distinguished himself in academics and other endeavours, and graduating with a Bachelors degree in Finance in 1979.
A thoroughbred lover of education, Adeleke followed up his bachelors degree triumph with an MBA in 1981 and thereafter a Ph.D. in International Business from Pacific Columbia University, Mills Valley, California in 1983. It is not an understatement to say the proverbial ‘baba olowo’ is well read.
Having completed the academic trilogy, and with undisputable qualifications, Adeleke returned to serve his fatherland in the capacity of a Corps member in the National Youth Service Corps scheme; a clarion call he obeyed with all his being as a true Nigerian.
Armed and totally ready to take on the world, Adeleke ventured into the entrepreneurial world, audaciously establishing a drilling company, Pacific Drilling Company Limited which soon became the brainchild of other entrepreneurial ventures, metamorphosing into Pacific Holdings Limited, with a distinct focus on finances and investments in different sectors of the Nigerian economy, which comprises other groups of companies with diverse biases, including Pacific Energy Limited.
An egghead of no mean abilities, Adeleke is one of few academics, who holds double doctoral degrees, as he was privileged to bag a second Ph.D from the University of Phoenix, Arizona USA, where he studiously laboured for his honours.
His lofty academic sojourns have in more ways than one paved the way for him to conquer the competitive world of entrepreneurship. He is also the founder and Chairman Board of Directors of Pacific Merchant Bank Ltd which later became one of the legacy banks in the guise of present day Unity Bank Plc.
Quintessential in all ramifications, Dr. Adeleke is a philanthropist of note as his foundations and establishments speak volumes of his worth, and what he is capable of doing. Among his many foundations, dedicated to the upliftment of mankind, is the Springtime Development Foundation (SDF), a not-for-profit NGO, which has become a vehicle for the awards of scholarships at all levels of education, and distribution of medical assistance to diverse medical units across board; locally and internationally to meet the needs of needy Nigerians.
Adeleke’s SDF is also the brain behind the establishment of the prestigious Adeleke University Ede, where he is the Pro-Chancellor. In addition, Dr. Adeleke sits on the board of various blue chip companies across the globe.
Adedeji Adeleke through the Springtime Development Foundation (SDF) founded Adeleke University in Osun State ede, to ensure less privileged students have access to a quality higher education.
Adeleke is known to be not just a father in words, but highly impactful, consciously and unconsciously imparting his children and any other person that crosses his path with his Midas touch of gold.
It has been said that no one comes his way, and leaves without a meaningful impact in his life. With his SDF tool, not a few lives have witnessed a turnaround.
Dr. Adeleke is blessed with four children, two males and two females named Adewale Adeleke, David Adeleke (Davido), Sharon and Ashley Coco, from his beautiful wife, Veronica, who died in 2003, and many grandchildren. His children are living examples of his paternal influence as they all have carved a veritable niche and influence for themselves in different areas of human endeavours.
His youngest son, Davido, is a world renowned musician and philanthropist, carting away awards after awards in many areas, and luving the life of a real chip off the old block with humongous acts of giving that has left many just wondering.
He also has numerous grandchildren among whom are Imade Adeleke, Hailey Adeleke and the newest twins, who are Davido’s children.
Adeleke is a lover of life, and the good things that come with it. As a result, he owns a Bombardier Challenger 605 Business jet and a Bombardier Global Express 6000 for both classic luxury and ease of movement, as an international businessman, who is constantly on the move.
At 67, Adeleke could be described as an accomplished husband, father, nationalist and entrepreneur.
We salute your dexterity and pray for more of wealth and health and many more years of celebrations. Happy birthday a true legend!
We celebrate you sir!
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Babajide Sanwo-Olu: A Governor and His Many Gracious Strides
Published
4 weeks agoon
March 3, 2024By
EricEarlier, Sanwo-Olu briefly attended Government Demonstration School, Gbaja Surulere before moving to Ijebu-Ife Grammar School, Ogun State to complete his secondary education.
A politician of positive repute, Sanwo-Olu began his political career in 2003, when he was appointed a Special Adviser on Corporate Matters to the then deputy governor of Lagos State, Femi Pedro. He was later made the acting Commissioner for Economic Planning and Budget until 2007, when he was appointed as the Commissioner for Commerce and Industry by then governor, Bola Tinubu. After the General Elections of 2007, Sanwo-Olu was appointed Commissioner for Establishments, Training and Pensions by Governor Babatunde Fashola. He was later moved to the Lagos State Development and Property Corporation (LSDPC) by Governor Akinwunmi Ambode in 2016 as the Managing Director.
Sanwo-olu’s achievements are renewed on a daily basis as a they keep springing up without notice. Some of his notable public sector achievements however, include the supervision of the Bureau of Public Enterprises (BPE) privatization projects. He set up and was the Pioneer Board Chairman of Lagos Security Trust Fund. The LAGBUS System and the Control & Command Centre in Alausa Ikeja were subsequently established under his directives.
Sanwo-Olu, like many of his predecessors, has kept faith with the Lagos master plan, and has worked assiduously to maintain and meet the target. He has therefore, been working on different development activities, one of which is road construction across major areas in Lagos state.
In 2020, Sanwo-olu asked that the statue of Fela Kuti that was erected by Akinwunmi Ambode be removed from Allen Avenue in Ikeja, to ease the situation of traffic in that area. However, the statue is said to be relocated to a more convenient area in the State. He commissioned the Oshodi -Abule-Egba BRT Lane amongst other projects in 2020.
Sanwo-olu has worked on the Control & Command Centre in Alausa, which significantly improved the capacity of the security agencies to respond to distress calls in a swift and timely manner.
While under appointment as the Chief Executive Officer (CEO) of the Lagos State Property Development Corporation (LSPDC) in 2016, he, as a visionary administrator returned the hitherto struggling organisation to the path of efficiency and profititability. This took him only two years.
He also refocused the organisation to effectively tackle housing deficit in the state, which again validated his credentials as a resourceful leader and problem solver. His valuable experience garnered from executive-level roles in the private and public sectors has not only distinguished him, but also made him a valuable resource to some notable organisations on whose boards he has served
A statement on his website summarized his expected delivery, noting that “It is unexpected that Babajide’s enterprising career in the private sector, defining roles in public service and selfless contributions to the society would not have attracted international recognitions and accolades at home. But as a man attired in modesty, these awards and laurels are encouragements that keep him on the path of service to God and humanity.
“A devout Christian and family-focused man whose marriage to Dr. Ibijoke Sanwo-Olu is blessed with lovely children, Mr. Sanwo-Olu, in addition to his love for public speaking, is a member of numerous prestigious clubs, which include Ikoyi Club 1938, the Island Club, Yoruba Tennis Club and the Clear Essence Health Club.”
In 2020, Sanwo-Olu stood like the rock of Gibraltar between the dreaded COVID-19 pandemic and the health of Lagos residents, and was regarded as one of the outstanding governors in the fight against the scourge.
“We must ultimately defeat this virus if we remain vigilant and do not take anything for granted. Stay safe Lagos, your health is important,” the governor was quoted as saying.
In October of the same year, Sanwo-Olu employed his human relations training to quell the EndSARS crises, which had its epicenter in Lagos.
In May 2023, Sanwo-Olu was reelected governor under the umbrella of the All Progressives Congress (APC), defeating his closest rival, Gbadebo Rhodes-Vivour of the Labour Party (LP) to the second position.
Though his re-election was contested by both Gbadebo Rhodes-Vivour of the Labour Party (LP) and Olajide Adediran of the Peoples Democratic Party (PDP) in the tribunal, and up to the Supreme Court, Sanwo-Olu emerged victorious.
With special regards to his litany of achievements, Sanwo-Olu has obtained a variety of awards in his career, both from within the shores of Nigeria and from foreign places. Some of them include:
- Platinum award from the Lagos State Public Service Club.
- 2009 Best in Human Capital Development award from the Industrial Training Fund (ITF).
- Merit award from the Association of National Accountants of Nigeria.
- Merit award from the Chartered Institute of Personnel Management in Nigeria (CIPMN).
- Merit Award from the Association of Professional Women Engineers of Nigeria (APWEN).
- LSDPC Impactful Leadership and Recognition Award.
- Media Nite-Out Award for Best Governor of the Year (2020).
In addition, he is a member of the Nigerian Institute of Directors (IOD), Chartered Institute of Personnel Management (CIPM), and Fellow of Nigeria Institute of Training and Development (NITAD).
A lot of people have said that the path to Sanwo-Olu’s success stories and achievements lies in his ability to remain a loyal partyman and an astute politician. These have consistently paved the way for his glorious strides. His achievements in Lagos have become a reference point to many other governors in Nigeria.
In today’s Lagos, development, sanitization, security, technological know-how and community coexistence are at top level owing to the direction Sanwo-Olu created, and rooted in his THEME agenda.
Sanwo-Olu, without an iota of doubt, is doing well. It is on this note, we recognize you sir, as the Boss of the week. Congratulations!
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