The Legend of Kakawa Street Lagos Island Millionaire, Candido da Rocha

Have you ever asked any of your parents for money, especially continuously, and they gave you this reply: “Do you think I’m Da Rocha?”

Candido Da Rocha, the Ilesha man was born in 1860, and he live through to 1959. He was the first millionaire in Nigeria.

A historian narrates: “Well, I experienced it and growing up, I never knew the meaning of the statement, until I came across a book a friend gave me, when I stumbled on the name ‘Candido da Rocha’.

“He was a rich man who would, from the balcony of his one-storey building, throw down coins to children who would, in a tangle of bodies and flapping hands, struggle for them. So, I remembered vividly why my parents deny being “a da Rocha” anytime I ask for money I don’t literally need as a child,” he said.

Da Rocha was a rich entrepreneur, businessman, landowner and creditor who owned Water House or Casa d’Agua on Kakawa Street, Lagos Island, Lagos. It was named Water House because it was the first and only house in Lagos in those days to have a borehole and in turn sells water to residents.

He was born to the family of Joao Esan Da Rocha, who was captured as a slave when he was 10 years old on his way to school in Ilesha. Candido was born in the Bahia region of Brazil.

His mother was Angelica Josephina da Rocha. His father returned to Lagos, Nigeria in the 1870’s where he built his wealth and passed it to his son, Candido.


Due to his wealth, his friend, Herbert Macaulay nominated him as a candidate in one of the elections of the time. And when da Rocha met the electorate, he told them: “I am Candido da Rocha, your candidate into the House. Vote for me if you like. And if you don’t, all well and good.”

That statement ended his sojourn in politics as he lost the elections, acquiring only 20 votes. Indeed, Da Rocha was a very modest and generous capitalist. During the Second World War (1939 – 1945), when the authorities of Kings College were looking for a place to relocate the students in the boarding house – among whom were Tiamiyu Bello-Osagie, who would become one of Nigeria’s most celebrated gynaecologist; Adenekan Ademola, son of Nigeria’s first indigenous Chief Justice, Adetokunbo Ademola; Dapo Aderemi, son of Sir Adesoji Aderemi, the legendary Ooni of Ile-Ife, Da Rocha volunteered his Bonanza Hotel on Customs Street, Lagos, and did not collect a dime for the period it was used.


Even after the war, when government asked influential Nigerians to contribute to the rehabilitation fund, he made substantial donations and he instructed that the amount should not be disclosed to the public.

Despite his wealth and political clout, no street in Lagos is named after him. Candido Da Rocha died on March 11, 1959 and his remains are interred at the Ikoyi Cemetery.

Among many of his businesses is the now defunct Bonanza Hotel in Lagos.

He collaborated with Lagos businessmen J. H. Doherty and Sedu Williams on a money lending business established under the name of the Lagos Native Bank. He was a founding member of the Lagos auxiliary to the Anti Slavery and Aborigines Right Society which was headed by James Johnson and had Samuel Pearse and Sapara Williams as members.

Among his children were Alexander Da Rocha, Adenike Afodu, Angelica Folashade Thomas and Louissa Turton.

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