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Babajide Sanwo-Olu: The Man Destined to Govern Lagos

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By Michael Effiong and Eric Elezuo

The long awaited December 1, 2018 finally dawns, and the drums of governorship contests are rolled out in most states of the Federation. As has been the case, the mega parties, the Peoples Democratic Party (PDP) and the All Progressives Congress remain the cynosure of all eyes in most of the states where governorship elections will be held.

In Lagos, Centre Of Excellence, two gladiators  among many other men, from the two mega parties are set for battle.

They are: Mr. Jimi Agbaje of the PDP, who is making a third attempt at the Lagos governorship seat, and  Mr. Babajide Sanwo-Olu, an insider and technocrat, who has within a short spell of time garnered more accolades, goodwill and acknowledgement that any politician in our recent history.

It is said that God plays a role in the affairs of men, and it is certainly true in the case of Sanwo-Olu.

This is because in early September 2018 when he expressed interest to contest the governorship seat, many dismissed him as a joker, his intimidating credentials notwithstanding.

Their cynicism was just because he chose to run against a sitting governor on the same party platform. Who does that?

His strength soon came to fore as party leaders and faithfuls from all the powerful blocs queued behind him, referring to him as one of theirs.

That was when people around the state began to take notice and realised that this was a formidable candidate with strong enough backing to record a major political upset, the kind never seen in Lagos before.

It was no surprise therefore that he easily coasted to victory, gathering over 95 per cent of the votes in a direct primary.

It was apparent that this was a man that  is destined to Govern Lagos because all the elements: spiritual, financial and political seem to all work in his favour. It was the God-factor directing his affairs no doubt.

That victory soon brought up the pertinent question: Who exactly is this APC ” boy wonder” Jide Sanwo-Olu.

A careful look at the trajectory of his life will indicate that he is not a light weight at all.

He, indeed, is very qualified for the job with vast experience and expertise in the public and private sectors of the economy.

He knows Lagos like the back of his hand and was part of the egg heads that crafted, drafted and implemented the New Lagos template.He certainly has pedigree.

A testament to the fact that Sanwo-Olu is no novice can be found in his activities ahead of today’s official kick off date for campaigns.

While others were on their marks getting ready, he was already way ahead and working, spending each day consulting and interacting with stakeholders.

No group was considered inconsequential for Sanwo-Olu to meet – students, traders, socio- political groups, professionals, social media big wigs, artistes, actors, traditional rulers even cartoonist!

That was not all, he even met at different times with Billionaires including Femi Otedola and Aliko Dangote. Knowing full well that 90 per cent of Nigerian billionaires live in Lagos, surely, it can be seen that Sanwo-Olu knows his onions.He understands that in an election, every sector like every vote counts.It is a game of numbers.

At a couple of interactive sessions attended by us, he spoke candidly about growing up, his different experiences, his stint in a place like Warri, Delta State and Northern Nigeria.

He also showed his human side by discussing the failure of his business, a start-up he promoted with some partners and other low moments.

He explained with candour what he considered the challenges of modern Lagos: Traffic, Sanitation, roads, youth engagement and job creation

He  also shared some innovative ideas regarding solving some of the challenges confronting Lagos, Nigeria’s commercial capital.

He noted that he intends to use technology and creative thinking to solve every day problems.

Another interesting point made was that he was in support of the creation of state police and the allocation of more resources to the state by the Federal Government.

As he was speaking many were awe-struck because he apart from.speaking extempore, he was reeling out statistics, data, facts and figures effortlessly.

Some who came with pre-conceived doubts were really impressed with his delivery and his hands-on, easy-going nature.

One told us ” This man surely knows Lagos and I like the part where he said he is willing to listen to the people.I never gave him a chance but I an really impressed and would like to see him debate Jimi Agbaje”

Mr. Babajide Sanwoolu, is endowed with not only the dexterity and agility of a young man but the respect and courtesy to carry both the old and young along in the quest to make a culturally diversed Lagos another success story.

Already, he has shown that he is a man of the people, who cares about the masses, and small businesses through the provision of wifi at strategic locations of the state, making access to internet easy as it is the case in most modern cities globally.

Sanwo-Olu is widely regarded as a public sector expert in human resources and policy formation,  a power sector consultant per excellence, an astute banker, a compelling public speaker and an inspirational leader.

He carries within him a robust public sector service experience which spanned over eight years .

His meteoric rise within the system of the Lagos State government is particularly exemplary; testament to his unique leadership abilities and exceptional contributions to good governance within the State.

Sanwo-Olu’s appointment, in 2003, as Special Adviser on Corporate Matters to then Deputy Governor, Mr Femi Pedro took the government circles by storm.

In recognition of his abilities coupled with his outstanding performance, within one year, he earned the same job title and description but this time working with the then Executive Governor, Asiwaju Bola Tinubu.

Working directly with the Governor, he was responsible for creating an environment that fosters private sector participation and was instrumental to the present situation where members of the private sector see themselves as stakeholders in the governance of the State.

He also formulated policies and programmes to improve the relationship between government and Organized Private Sector (OPS).

In conjunction with other agencies of government, Sanwo-Olu was able to initiate, identify, promote and structure new projects and programmes in areas like the Environment, Transportation, Commerce, Finance and Infrastructure while also preparing and tracking the Internally Generated Revenue from various agencies including the BIR and analysing same for the Governor.

He was also responsible for the preparation and publication of the Lagos State Economic Empowerment and Development Strategy (LASEEDS).

While still serving in this capacity, Babajide was appointed acting Honourable Commissioner, Economic Planning and Budget, owing to his hard work and attention to details. He became responsible for the preparation of the annual budget for the State Government and the processing of the annual budget of the different parastatals; a duty he performed judiciously.

It was no surprise therefore, when in 2007, he became the Honourable Commissioner for Commerce and Industry until the end of that administration.

At the start of the next administration, Sanwo-Olu was again appointed Honourable Commissioner, this time, for Establishments, Training and Pensions.

Babajide’s sterling team playing ability was evident in the critical roles he played within the government in partnership with several units and ofces.

For instance, in conjunction with the Head of Service, he was responsible for timely review of salaries, wages and allowances while he also articulated the state government’s Conditions of Service. As a security awareness expert, he helped set up the Lagos State Security Trust Fund and subsequently became a board member for over four years.

He also distinguished himself serving on the Board of the Department for International Development, DFID/DEEPEN Fund.

His last stint in Government was as General Manager, Lagos State Development and Property Corporation (LSDPC).

In the prrivate sector contributed to a number of thriving organisations, including Baywatch Group Limited – a multi-faceted company with interests in construction, property development and human capital development – where he has served as Chairman/CEO since July 2011.

First Class Group Limited, a cooling, power and maintenance solutions provider recognised widely for providing critical support for all major telecommunications company in the area of specialised cooling.

Powercap Consulting, a leading power consulting boutique with vast experience in power privatisation exercise.

Beryl Shelter, an estate management rm that specialises in research, marketing intelligence and sales of high end properties. Wow! Interiors, an interior design services and luxury furniture retail store for high end corporate and residential clients.

He was also member of the Board Audit Committee of Caverton Offshore Services Group, PLC and as Director, Light Level Nigeria Limited, the foremost digital signage company in Nigeria.

The very dynamic Sanwo-Olu also had a close to ten years of exemplary banking experience during which he contributed immensely to the growth and development of Lead Bank Plc, UBA, and First Atlantic Bank (now First City Monument Bank) in various critical capacities.

As Treasurer at Lead Bank Plc between 1994 and 1997, Babajide managed the liquid asset of the bank and general funding requirements on a daily basis. At United Bank for Africa, UBA, he was Senior Manager (Head, Foreign Money Market) managing the bank’s liquidity position vis a vis protability. He was also responsible for articulating and implementing the bank’s strategy in Investment Banking activities and Issuing House and Portfolio Management.

Subsequently, Sanwo-Olu rose to the position of Deputy General Manager (Divisional Head) at First Inland Bank Plc, where he was Corporate Financial Advisor to several multinational companies. He also supervised the Bureau of Public Enterprises (BPE) privatisation projects including the concession of the National Arts Theatre, and the Lagos Trade International Fair Complex, the acquisition of Ikoyi Hotels Limited as well as the Federal Government Debt Conversion Programme.

Although he holds an MBA and a B.Sc in Surveying from the University of Lagos, his quest for knowledge has taken him to several courses and trainings in several continents of the world, including Europe, USA, Asia and Africa. He is an alumnus of the prestigious Kennedy School of Government, USA; the London Business School as well as the Lagos Business School, LBS.

Sanwo-Olu is also an Associate member of The Chartered Institute of Personnel Management (CIPM) and fellow of The Nigeria Institute of Training and Development (NITAD).

A man of admirable social skills, he also creates some time for leisure and social activities amidst his demanding itinerary, as he is a member of the Ikoyi Club, the Island Club, as well as the Clear Essence Health Club.

Babajide’s laudable achievements have not gone unnoticed. He has received several awards in recognition of his tremendous contributions to society.

They include the Symbol of Excellence award from the Civic Enlightenment Association of Nigeria, a Gold mentor award from the National Association of Nigeria Nurses & Midwives (NANNM), a Platinum award from the Lagos State Public Service Club and the 2009 Best in Human Capital Development award from the Industrial Training Fund (ITF). He has also received several merit awards from the Association of National Accountants of Nigeria, Chartered Institute of Personnel Management in Nigeria (CIPMN) amongst others.

He is happily married to Dr. (Mrs.) Ibijoke Sanwo-Olu, and they are blessed with children.

There is no shadow of doubt that fortune has favoured Sanwo-Olu this far and his supporters are optimistic that he has all it takes to coast to victory come March,2019.

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Boss Picks

Koumagnon Family Pledges Unalloyed Support for Romuald Wadagni As President

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By Eric Elezuo

The Koumagnon Family and Allied Families of Seme-Kpodji, of the Republic of Benin, led by Monsieur Alberto Koumagnon, has declared their unflinching support for the candidacy of Romuald Wadagni as he steps out on Sunday to vie for the presidential seat of the Republic of Benin.

In statement of declaration, the families observed that Wadagni is propelled by a ‘vision embodied in this ambitious, realistic project, resolutely focused on the future of our country’.

The declaration is presented in full:

DECLARATION OF SUPPORT BY THE GREAT KOUMAGNON FAMILY AND ALLIED FAMILIES OF SÈMÈ-KPODJI FOR CANDIDATE ROMUALD WADAGNI

The great KOUMAGNON family and allied3 families of Sèmè-Kpodji, deeply committed to the values of peace, progress, and development, followed with particular interest the presentation, on Saturday, March 21, 2026, of the “Further Together” (Plus loin ensemble) social project by our dear candidate, President Romuald WADAGNI.

Following this important political event, and gathering on this day, 04/04/2026, we wish to express our full support for the vision embodied in this ambitious, realistic project, resolutely focused on the future of our country.

From the outset, we, descendants of the KOUMAGNON family and allied families, commend the enlightened leadership of President Patrice TALON who, faithful to his commitment to building a modern and prosperous Benin, has been able to propose to the presidential majority a competent, credible candidate who brings hope for consolidating achievements.

In this dynamic of continuity and progress, the candidacy of President Romuald WADAGNI is fully in line with the continuation of the structural reforms undertaken over several years in all sectors, particularly in infrastructure.

In this regard, we recognize and commend the many achievements of the government, especially road infrastructure, which has significantly improved mobility and living conditions for the populations of the communes of Sèmè-Kpodji and surrounding areas.

Moreover, these remarkable efforts reflect a constant determination to connect localities, stimulate economic exchanges, and sustainably strengthen the attractiveness of our territories.

Building on these achievements and firmly oriented toward the future, we are convinced of the relevance of the “Further Together” project.

Therefore, the great KOUMAGNON family and allied families of Sèmè-Kpodji give their firm, committed, and unconditional support to candidate Romuald WADAGNI, as well as to his running mate, Mrs. Mariam Chabi Talata Zimé Yérima.

In the same spirit, we call on all daughters and sons of Sèmè-Kpodji, as well as all citizens committed to peace and development in our country, Benin, to mobilize massively in support of this hopeful momentum by turning out in large numbers on April 12.

We also wish to assure our dear candidate of our commitment to mobilize widely to ensure a high voter turnout in the commune of Sèmè-Kpodji.

Together, let us continue the efforts undertaken.

Together, let us consolidate our achievements.

Together, let us go further.

Long live Benin on its path toward progress!

Long live the WADAGNI–TALATA ticket!
Thank you.

Done at Sèmè-Kpodji, on 04/04/2026

The great KOUMAGNON family and allied families

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The Billionaire Gang: The Quartet That Keeps Nigeria in Limelight

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By Eric Elezuo

With a loud ovation, Nigerians reveled at the announcement of its billionaire-quartet, Aliko Dangote, Mike Adenuga, Femi Otedola, and Abdulsamad Rabiu as among Africa’s richest individuals in 2026.

The four has constantly put Nigeria in the limelight, ensuring that Forbes is never complete without a mention of the giant of Africa, Nigeria

According to the latest Africa Billionaires ranking released by Forbes, Dangote retained his position as Africa’s richest man, with an estimated net worth of $28.5 billion. He added about $4.6 billion to his fortune over the past year, largely driven by the strong performance of Dangote Cement on the Nigerian Exchange Limited.

Telecommunications magnate Adenuga also retained his place among Africa’s billionaires.

The founder of Globacom and chairman of Conoil Producing remains one of Nigeria’s most influential entrepreneurs with diversified interests spanning telecoms, oil and gas, and banking.

Otedola, chairman of Geregu Power Plc, also featured on the list despite a slight dip in his wealth over the past year. Forbes estimates that the billionaire investor lost about $200 million following the sale of a majority stake in the power generation company at a discount to its market price.

The increase in Rabiu’s net worth was largely driven by the performance of BUA Cement, whose shares rose 135% over the past year, outperforming the broader rally on the Nigerian stock market.

The 23 billionaires on the continent are now worth a combined $126.7 billion, representing a 21% increase from 2025 after they collectively added $20.3 billion to their net worth.

Across the continent, billionaire fortunes were boosted by strong equity market performance, record corporate profits, and improving currency stability in several African economies.

South Africa remains the highest number of billionaires on the list, with seven individuals, followed by Egypt with five, Nigeria with four, and Morocco with three.

Here is a peep into the world of Nigeria’s Billionaire-Quartet.

ALIKO DANGOTE

For the President of the Dangote Group, Alhaji Aliko Dangote, and his multifaceted group, playing second fiddle has never been an option. Both the enterprise and the entrepreneur have maintained market leadership to the extent that Dangote himself has appropriated the richest man in Africa status to himself, and has hardworkingly sustained the tag for as long as anyone can remember.

Since 2014, when Forbes magazine named him the world’s 23rd billionaire, jumping 20 spots on the scale from his previous 43rd position among the elite club of the world’s richest people. Aliko Dangote has not looked back, winning back to back the accolade among African billionaires, and never slipping from the world ranking.

Again, as expected, the famous Forbes has proclaimed the soft spoken businessman as Africa’s richest man for the 12th time in a row; a proof that the name Dangote is synonymous with consistency. He is a businessman, who understands that no man rest on his oars if turnovers have to continue to turn over. With marked differentiation, he has demystified the business terrain, and proved that if it can be done, then it must done. His establishment of the humongous fertilizer and sugar plants and the ambitious refinery in Lekki, Lagos, Nigeria, are testimonies of the trajectory of one who knows his onions.

Worth $13.4 by the last Forbes ranking, which sustained him as the richest man in African for the 11th time, entrepreneur extraordinaire  has the following points to his name:

  • Aliko Dangote, Africa’s richest person, founded and chairs Dangote Cement, the continent’s largest cement producer.
  • He owns 85% of publicly-traded Dangote Cement through a holding company.
  • Dangote Cement has the capacity to produce 48.6 million metric tons annually and has operations in 10 countries across Africa.
  • After many years in development, Dangote’s fertilizer plant in Nigeria began operations in mid-2021.
  • Dangote Refinery, under construction since 2016, hit the public space since 2024, and is one of the world’s largest oil refineries, with a capacity of 650,000 barrels per day production.

The above and many has remained the factors that have made it easy for the billionaire to remain in the top echelon of world’s money men, and the supremo among African businessmen. Little wonder he is one of the few recipients of the GCON national honours reserved for top politicians of vice president ranking and top government appointees.

Born in Kano in 1957, Dangote proudly shuttles between three wonderful tags as the richest man in Nigeria; the richest man in Africa and the richest Black man in the world. He has paid his dues, and mankind is the better for it.

Releasing impacts, Aliko Dangote Foundation (ADF), the private charitable foundation of Alhaji Aliko Dangote. Incorporated in 1994, as Dangote Foundation, is saddled with the mission to enhance opportunities for social change through strategic investments that improve health and wellbeing, promote quality education, and broaden economic empowerment opportunities. 20 years later, the Foundation has become the largest private Foundation in sub-Saharan Africa, with the largest endowment by a single African donor.

The primary focus of ADF is child nutrition, with wraparound interventions centered on health, education and empowerment, and disaster relief. The Foundation also supports stand-alone projects with the potential for significant social impact.

The Foundation works with state and national governments and many highly reputable international and domestic charities, non-governmental organizations and international agencies to advance its humanitarian agenda.

In one of its biggest collaboration to date, Aliko Dangote Foundation started working in partnership with the Bill and Melinda Gates Foundation and key northern State Governments in Nigeria from 2013 to eradicate polio and strengthen routine immunization in Nigeria.

Worthy of praise is the fact that nearly a decade, the Foundation has spent over N7 Billion in the course of feeding, clothing and the general welfare of the Internally Displaced Persons in the Northeast.

To make his host communities feel at ease, and the impact of his presence, Dangote has embarked on an initiative to provide further support to improving educational systems in Ibeju-Lekki and Epe locality. The educational support initiative is a tripartite programme consisting of scholarship, capacity building for teachers and school infrastructure projects.

In addition, Scholarships have been awarded to 52 secondary school students whilst some financial support was provided to their parents and/or guardians. Tertiary students will be included in the next batch of the scheme.

Furthermore, about 100 teachers, principals and school administrators were trained in teaching techniques for the 21st century. After which they were monitored in class on how they were using the skills acquired.

There is hardly any sector that has not felt the milk of human kindness running through Aliko Dangote; the military, media, politicians, governments across boards and more.

Dangote is surely an asset to this world!

As at today, there is no space for slowing down for Dangote as he continues to trudge on, creating firsts after first for himself and for humanity. He is blessed with three wonderful daughters, who have followed the rewarding footprints of entrepreneurship, and is looking forward to hitting the richest man in the world status. And very soon too.

ABDULSAMAD RABIU 

Abdulsamad Rabiu’s consistent climb on the ladder of success has become phenomenal. The unassuming Chairman at BUA Group has become a study in entrepreneurial discipline, focus, philanthropy and intentional sacrifice. But what can actually be said of a man who has steadily evolved as one of Africa’s biggest investors, in fact, the biggest in the order of reckoning on the Nigerian Exchange. He has graciously used his BUA Foundation and the phenomenal Abdul Samad Rabiu Africa Initiative to not only affect lives, but ensured that the people of the world, especially his native Nigeria, live in better comfort. The Chairman/Chief Executive Officer, Bua Group, makers of quality cement, sugar, flour among other wonderful household items has been a epitome of enterprise. He is presently by divine and entrepreneurial orchestration one of Nigeria’s richest investor. He is also the third richest man in the Africa, by Forbes calculation behind Nigeria’s Aliko Dangote, South African billionaire, Johann Rupert.

In 2023, via a list compiled by Billionaires in Africa revealed the rankings on the Nigerian Exchange, NGX, showing that Abdulsamad Rabiu, the billionaire businessman and industrialist, overtook Aliko Dangote as the richest investor in the country, albeit temporarily.

According to data tracked by Billionaires.Africa, Rabiu’s holdings in his publicly-listed businesses on the local bourse were valued at an impressive $6.01 billion, making him the only investor with an investment portfolio worth over $6 billion then. This is a feat that can only be achieved through wholesome business acumen and dedication.

Born August 4, 1960, in Kano, to one of Nigeria’s foremost industrialists in the 1970s and 1980s, Khalifah Isyaku Rabiu, Abdul Samad Isyaku Rabiu CON is a perfect combination of many things in one.

It was in his native Kano that he kick-started his academic pursuit, carousing through elementary education with ease as a gifted child, and obtained his First School Leaving Certificate. He was later admitted into the Federal Government College, Kano, where he had his secondary education, and gradually with honours.

With a combination of fate, brilliance and determination, Abdulsamad was catapulted to Capital University in Columbus, Ohio, where he studiously studied Economics, and acquired his tertiary education before returning to Nigeria, all before his 24th birthday, to oversee his family business. He was that much sought after, and highly brilliant, and considered capable of holding fort for his father, who was being detained by the administration of General Muhammadu Buhari over matters concerning import duties.

In 1988, just after learning the ropes of entrepreneurial excellence, Abdul Samad Rabiu established BUA International Limited, for the sole purpose of commodity trading. The company followed after the footsteps of his father, and imported rice, edible oil, flour, iron and steel.

In 1990, having exhibited the character worthy of a world class entrepreneur, and the ability to execute classical projects, Rabiu’s BUA was invited by the government, which owned Delta Steel Company to supply its raw materials in exchange for finished products. This provided a much-needed leverage for the young company, and consequently expanded further into steel, producing billets, importing iron ore, and constructing multiple rolling mills in Nigeria.

Rabiu’s dexterity showed further a few years later, when the company acquired Nigerian Oil Mills Limited, the largest edible oil processing company in Nigeria, and there erupted the company’s and BUA’s influence and care over the people in the provision of affordable edible oil. His passion to see people excel in comfort has continued to make him churn out one great tiding after another, and endearing him in the hearts of the generality of the public.

A man with a vision for tomorrow, Rabiu, in 2005, started two flour-milling plants, in Lagos and in Kano, and by 2008, had broken an eight-year monopoly in the Nigerian sugar industry by commissioning the second-largest sugar refinery in sub-Saharan Africa. This was a feat only a bravest of hearts could wroth. As a result, in 2009, the company went on to acquire a controlling stake in a publicly-listed Cement Company in Northern Nigeria and began to construct a $900 million cement plant in Edo State, completing it in early 2015. Rabiu’s passion for expansion is unequalled.

BUA Group has since concentrated and excelled in manufacturing, infrastructure and agriculture and producing a revenue in excess of $2.5 billion. This is in addition to being the chairman of the Bank of Industry (BOI).

The Group, in 2019, announced plans to merge its privately owned BUA Cement with the publicly traded Cement Company of Northern Nigeria Plc (CCNN), to create Nigeria’s second largest cement producer thereby consolidating the grip on the cement market and breaking its monopolistic status.

MICHAEL ADENUGA

Michael Adenuga Jr. is one entrepreneur, who has proved over the decades that he is not the regular billionaire. He is of the stock that is not regulated by stock market figures, but by liquid cash. And that explains why his wealth and net worth supercedes whatever figures churned out by any institution, or any position he is placed in the billionaires’ list.

Adenuga is, for all intent and purpose, in a world and class of his own. This is because his business trajectory and personal philosophy are uniquely his, and therefore worthy of emulation.

Sitting atop one of the most cherished and subscribed network, Glo, Adenuga has not only inspired lives, but practically lifted not a few to enviable heights.

Known for his diverse investments in oil, gas, telecommunications, banking, construction, and real estate, Mike Adenuga notably shook up the African telecom sector with the launch of his telecommunications network, Globacom Limited (Glo), in August 2003.

Also referred to as The Guru, Adenuga is like the proverbial Iroko tree, who is unlike any other. In terms of humility, pedigree, magnanimity, wealth and portfolio of investments, he is one of a kind.

“As of Jan. 1, 2024, Forbes, the U.S.-based business magazine renowned for tracking global billionaire fortunes, estimated Adenuga’s wealth at $6.1 billion. By Dec. 31, 2024, his net worth had grown to $6.8 billion, ranking him as the 448th richest person in the world. Adenuga’s wealth is anchored in his control of Globacom, Nigeria’s second-largest mobile telecommunications and digital services provider, which boasts over 60 million subscribers,” according to Billionaires.Africa

Adenuga is fondly remembered for launching operations on Per Second Billing, thus ensuring subscribers only pay for actual time spent on a call instead of the practice of billing customers N50 per minute even when the call cuts off at just 2 seconds. It also crashed the cost of SIM card from N30,000 to N6,999 and later N100, thereby making it possible for low income earners, students and artisans to own GSM lines today. It is now one of the most recognizable brands across the continent.

Love him or hate him, you can’t fault him. He is an enigma. A definition of class, humanity, intellectual discipline and entrepreneurial acumen. He is the very epitome of when the going gets tough, the tough gets going. And of course, a reference point and research material when it comes to philanthropy. Dr. Mike Adenuga doesn’t give little or give just for giving sake. He gives to sort and solve a lasting challenge. Yes, he is Dr. Michael Adenuga Jr., ‘The People’s Billionaire,’ and without introduction, the brain behind the increasingly success stories recorded at the Globacom Group, among his many other conglomerates and subsidiaries.

Known by many appellations, such as the Spirit of Africa, a rare gem, walking kindness, moon amongst the stars, owner of wealth beyond money, the mighty oak, the man with the gift of Foresight, the Bull, Pillar of sports among a whole lot more, Adenuga’s image looms large. He appears little, and achieves so much more. Hardly seen, but gracefully and consistently felt.

Born on April 29, 1953 to Oloye Michael Adenuga Sr and Chief (Mrs) Juliana Oyindamola Adenuga, the Yeyeoba of Ijebuland, Otun Gbadebo of Ikija and Iyalaje of Ijebu-Igbo, Dr. Mike Adenuga Jnr was not a silver spoon kid, but his parents were comfortable.

The indigene of Oru, Ijebu-Igbo, Ogun State was born and schooled in Ibadan. He attended the famous Ibadan Grammar School. He had his university education in the United States. He majored in Business administration with emphasis on Marketing.

While in school, to augment the allowance sent by his parents, he worked as a cabbie (Taxi Driver), putting in many hours of work a week. This culture of back-breaking hard work shaped him for his ambitious business adventures later in life.

Dr. Mike Adenuga Jr is married to Mrs. Titi Adenuga (nee Adewale). She provides the comfort and stability that such an incredibly busy man requires. His children are Oyin, Babajide (Bobo), Paddy, Bella, Eniola, Bimbo, Sade and ‘Niyi Jnr. He also has grandchildren.

FEMI OTEDOLA

Billionaire businessman, and Chairman, Geregu Power Plc, simply addressed as Femi Otedola (CON), is a focused and determined man. He made his choice from day one, and has refused to be derailed. This explains his prolific nature in the world of entrepreneurship, which has directed his life.

One thing is very obvious before all and sundry, and that is the fact the dotting father of four adorable children is really an Epicurus son, and has no place for half measures when it comes to giving himself, his business and of course everyone around him the good life.

It won’t be forgotten in a hurry how the philanthropist spent a whopping Three Million Pounds to rent a cruise boat in celebration of his 60th birthday in 2022.

Born on November 4, 1962, in Ibadan to the family of the late Sir Michael Otedola, a former governor of Lagos State, Otedola is a definition of everything good, positive and encouraging. He has lived his 60 years representing the very essence of living, affecting lives as a philanthropist, developing careers and manpower as a businessman, industrialists and entrepreneur, and raising biological children, who has stood their own in the society. There is hardly anywhere this tall, handsome phenomenon of a personality can be faulted.

The billionaire businessman started his education at the University of Lagos Staff School before attending Olivet Baptist High School from where he was admitted into Obafemi Awolowo University in 1980. He graduated in1985. 

A former chairman of Forte Oil Plc, the Chancellor of St Augustine University, Epe, Lagos, is the founder of Zenon Petroleum and Gas Ltd, and the owner of a number of other businesses across shipping, real estate and finance. He has recently invested in power generation as part of the liberalisation of the sector in Nigeria.

The author of the bestseller, MAKING IT BIG, who has homes in Lagos, Abuja, Dubai, London and New York City has a much impressive existence since he set out to take the bull by the horns in the field of enterprise. This is as chronicled by wikipedia. In 2003, having identified an opportunity in the fuel retail market, Otedola secured the finance to set up Zenon Petroleum and Gas Ltd, a petroleum products marketing and distribution company.

As owner and chairman of Zenon, in 2004 he invested N15 billion in downstream infrastructure development and acquired storage depots at Ibafon, Apapa as well as four cargo vessels, amounting to a combined total storage capacity of 147,000 metric tonnes. The same year he acquired a fleet of 100 DAF fuel-tanker trucks for N1.4 billion.

By 2005, Zenon controlled a major share of the Nigerian diesel market, supplying fuel to most of the major manufacturers in the country including Dangote Group, Cadbury, Coca-Cola, Nigerian Breweries, MTN, Unilever, Nestle and Guinness.

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The Boss Newspaper Welcomes Folu Adebayo into Its League of Columnists

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By Eric Elezuo

As The Boss Newspaper continues to gain traction, expansion and readership across the media spaces, more intellectuals are joining the long list of columnists contributing beneficial articles and information to the reading public.

The latest among The Boss columnists is AI expert, humanitarian and leading autism advocate among others, Mrs. Mofolu Adebayo.

Folu, as she is fondly called, is an AI expert, technology architect, charity founder, philantropist and autism advocate with academic backgrounds in Science, Law and Artificial Intelligence. She brings a unique perspective that combines technical expertise with lived experience as the mother of an autistic young man.

Her work focuses on the intersection of artificial intelligence, technology policy and neurodiversity, exploring how emerging technologies can improve diagnosis, support, education and long-term independence for autistic individuals.

Folu is passionate about ensuring that innovation is inclusive, and that technology is designed with neurodiverse communities in mind. Through her writing, she aims to bridge the gap between technology, policy and real-world family experiences.

Folu, who writes about the intersection of AI, society, and human potential, also explores how emerging technologies are reshaping the future of work, education, and everyday life. She is also an autism advocate and brings lived experience to conversations about inclusive and accessible technology.

She joins eminent columnists already in the fold of The Boss Newspaper.

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