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Why Mike Adenuga is Africa’s Hidden Treasure

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By Eric Elezuo

In the entire continent of Africa, Dr Mike Adenuga iis in a class of his own-and therefore, it is inconceivable to actually put him in the same sentence or list as any of the others. He is without any shadow of doubt, Africa’s hidden treasure.

The reason is simple: Unlike the others whose worth can be calculated via their listed companies and assets, Adenuga’s intimidating wealth is usually in the realm of speculations, they are mostly privately-owned- which is reason he is usually given any position that meets the fancy of the publications.

Adenuga who hit it big by a dint of hard work and God’s grace is by far the numero uno billionaire on the continent.

Now take out your calculators and start to crunch the numbers: He  wholly owns Globacom, a telecommunications network and infrastructure (with operations cross sub Saharan Africa), juicy oil wells, has huge investments in banking, construction and an humongous real estate portfolio.

The serial investor who is simply called The Guru and who signs his name as MA Jnr will hit 70 on April 29, 2022 and The Boss is raising a toast to this giant, this remarkable spirit of Africa that has dared to thread where others dread, and has impacted the African continent with his entrepreneurial and philanthropic spirit.

His passion from giving is not only personal, the culture has also been imbibed by his companies like Globacom.

In the last year, the company dished out goodies most industrialists and multinationals dare not try. It gave out a total of 20 completed and furnished houses, 24 brand new cars, 100 generators, 200 sewing machines and 1,000 rechargeable fans among many other mouth-watering prizes in its 2022 Festival of Joy. Needless to say that many homes were infected with untold joy as landlords emerged from nowhere, just as people became car owners overnight. That is the stuff Adenuga is made of. His preoccupation certainly is discovering new ways to put smiles on the faces of Nigerians.

Before Globacom, Adenuga whom many also call Chairman was one of Nigeria’s silent billionaires. He was known but never seen, and still hardly seen. His Consolidated Oil was achieving remarkable feats in the oil and gas industry without any fanfare.

Then came Glo, and he became one of the most recognizable Nigerians alive. The reason was because Globacom, the first and only telecommunications brand wholly owned by a Nigerian, became a mega success in a very short space of time. The company became Africa’s treasure, and lifted Africans from the doldrum of exorbitant call cost. He made it easy for Africans to own phone lines within a short period of the GSM revolution, especially in the West African sub-region.

Glo introduced innovative products and delivered first-rate service and before long, Adenuga had taken this winning formula to other African Countries-Republic of Benin, Ghana and Cote D’Ivoire.

It also became the first indigenous company to lay an international submarine cable, Glo 1, which has gigantic capacity to link Africa directly to Europe and America. The optic fibre cable provides excess bandwidth to all the cities connected to the cable, and has led to a much faster and robust connectivity for voice, data and video.

Adenuga has over the years learnt to mold his companies into major, if not dominant, players. In the oil and gas sector, Conoil Plc is one of the largest and most profitable oil marketing companies in Nigeria. Conoil Producing, the downstream arm of the conglomerate, made history by becoming the first Nigerian company to strike oil and produce it in commercial quantity in 1991. This is his only company that is publicly-quoted.

With his fortunes in oil and gas, real estate and the cash cow of telecommunications, it is doubtful if any Nigerian has his raw cash. It is difficult to access his earning but the fact The bullish bull has been on the Billionaires List for decades is evidence that despite the difficulty in assessing his worth, he is a goldfish that has no hiding place..

Adenuga who got an MBA at Pace University in New York, and supported himself as a student by working as a taxi driver hit his first million as a trader selling lace.

The taciturn man of vision, who has been described as an angel of mercy for his philanthropy and immense propensity to give ceaselessly, in his characteristic disposition, may not be throwing a huge party, when he hits three scores and ten but in the homes of many who have felt him, there will be abundant prayers and celebration.

He is a quintessential leader who has the uncanny ability to spot and nurture talents. Reputed to be very hands on in the operations of his businesses, Dr. Adenuga, whose daughter, the cerebral Mrs. Bella Disu is the Executive Vice Chairman, Globacom, still gets briefs on the day-to-day running of his business empire.

Dr Mike Adenuga Jnr ‘s contribution to the business world has not only been recognised locally, but he has also attained international acclaim.

In Nigeria, he holds the highest civilian honour of Grand Commander of the Order of the Niger (GCON), an honour reserved for mostly vice presidents, and in Ghana, he was awarded the highest civilian honour of Companion of the Star of Ghana (CSG).

According to President John Mahama who conferred the indefatigable businessman with the honour at a state ceremony ”You have touched many lives in Ghana. You have provided employment for our teeming youths, artists, footballers and many more. I am particularly proud of you. This award is our way of a saying a simply thank you.”

The entrepreneur extraordinaire was also honoured with the award of Chavalier de la Legion d Honnuer, the highest National honour of France which was bestowed on him by French President, Emmanuel Macron. He has also been privileged to host the French president at the Mike Adenuga Centre, Alliance Francaise. In fact Macron unveiled the edifice in 2019.

Explaining why the French Government decided to confer the honour on Adenuga, President Macron who described the consumate businessman as a true model of Africa noted that he had contributed immensely to the African and French Economy.

He also applauded Adenuga for his promotion of the French Language and culture in Nigeria. Adenuga single-handedly rebuilt the Alliance Francaise, Lagos which is now part of the Mike Adenuga Centre located on Osborne Road, Ikoyi.

Adenuga, during the peak of the COVID-19 pandemic, received the singular accolade of being the first to donate N1.5 billion to fight the dreaded coronavirus scourge. He set the stage for other Nigerians to contribute to the management of the scourge. That is typical of the Guru, he leads, others follow.

It is not hard to imagine that Adenuga is the richest man in Nigeria, and indeed Africa, and of course when one quantifies wealth in terms of liquidity, and not stocks. He is unmatchable.

It is in order therefore to salute the remarkable business guru, the worthy son of Africa!

Lending his voice to Adenuga invincibility, and the fact that he stands tall above others irrespective of his number in the list of richest men, Ololade Olaoye wrote that “The ratings are usually based on stock market figures and performances. Unknown to many, this often has its limitations.

“In Africa for example, Stock Exchanges are not as vibrant and accurate as in other climes. It is laughable whenever the African ratings accord low figures to someone in the uncommon league of Dr Mike Adenuga Jr., a man who’s practically the wealthiest and most cash-liquid man in Africa.”

He further noted as follows:

“Dr. Adenuga was the first Nigerian to discover oil in Commercial quantity, since 1991, over 30 years ago. Today, he owns about ten oil wells and Conoil, his only publicly quoted company, operates both upstream and downstream, with humongous gas deposits. There are not many such operators in Africa. Most of those individuals with huge investments in the oil sector have since packed up. Adenuga’s tenacity is remarkable and salutary.

“In telecoms, Glo remains a formidably popular and dominant player, fully owned by one man, Dr Adenuga, who makes money every second. His uncommon investments in submarine cables from Europe to Africa gave the Glo network the “speed of life!” as well as the status of the market leader in the highly profitable business of internet.

“Glo is always grossly undervalued when the ratings are announced. For obvious reasons, as not doing so wouldn’t align with the agenda of those desperate to make the man look small.

“In banking, Adenuga owned Devcom Merchant Bank and Equitorial Trust Bank which was acquired by Sterling Bank Plc. Adenuga currently owns substantial stakes in both Sterling Bank and First Bank of Nigeria.

“In Real Estate, Dr. Adenuga’s property portfolio at home and abroad is second to none. His properties dot many city capitals in Nigeria and beyond.

“Not too long ago, he acquired significant interests in Julius Berger Nigeria Plc, the biggest Construction conglomerate in Nigeria. He is heavily into manufacturing and many other sectors of the economy.

“Directly and indirectly, he’s the single largest employer of labour in the country, possibly asides government. It is noteworthy, that his philanthropic gestures are beyond imagination. You should ask about the impact of the Mike Adenuga Foundation. That a good deed does not get reported doesn’t mean good hasn’t been done. Glo has touched the lives of too many entertainers and sports icon. Matter of fact, Glo elevated our celebrities to superstar status and helped to reward the services of some of our forgotten icons. Glo customers are pampered endlessly.

“No wonder, he is often referred to as “The Spirit of Africa…”

“Let us face it, if we counted the numbers, dollar for dollar, Mike Adenuga would sweep everyone off the park. But we are in the world of paid narratives and agenda, when you can buy your place on the rich list and those who already merited their place there don’t mind paying a few bucks to be overvalued. But if you ever become a billionaire, be this one: the billionaire who doesn’t care for the validation of rich lists and the media. The one who touches lives here and there, far and beyond. And ultimately, the one who’s more about the truth of the matter, than the narratives written by others. We all can’t be the Spirit of Africa but trust me, we can learn a lot from his values and essence.”

Following up on the pragmatic nature of the man, whose close friends call The Bull, Chairman, Ovation Media Group, Chief Dele Momodu, in one of his Pendulum accounts titled, Dr Mike Adenuga: Encounters with the Spirit of Africa, wrote to celebrate his 68th birthday in 2021 that he is “a man who touches too many lives from behind his private and exclusive circumvolution.”

The piece is presented in part as follows:

“No man is perfect, and every soul is often misunderstood but I am reasonably convinced that Dr Adenuga’s generosity is out of this world, beyond this realm. He is a pre-eminent African that I have studied as a book and I’m sure I can produce a magnum opus on his life history. His is a life that should have spawned countless autobiographies especially from financial, entrepreneurial and philanthropic historians. I cannot do justice to this monumental human being by trying to capture his life within a single paged column, but I can provide a glimpse into a little of what makes him tick from my personal interaction with him.

“Therefore, let me just give you some of the amazing snippets of our encounters and my uncommon knowledge of him. Please, ignore some of the concocted stories you read about him from time to time. Most are conceived by fiction writers who know that his name can change your fortunes or misfortunes instantly on a good day. Some also try their luck via subliminal messages that are tantamount to blackmail. Trouble is Dr Adenuga is too complicated for most people to unravel. His stories have thus become like fables, the stuff of legends.

“A few months ago, I saw endless missed phone calls from a close friend and professional colleague. By the time I called back, I was very anxious because it was quite unlike my friend to call so frantically and desperately. I conjured a million images in my head about what could have been amiss. I soon discovered what the matter was all about. Apparently, my friend had lamented and grumbled to me about how he used to be very close to Dr Adenuga, but it seemed he had fallen out of favour with the stupendously generous man. I tried to reassure my dear friend that Dr Adenuga never forgets a favour and I’m certain his plate is always full with all sorts which is why he hadn’t yet responded to his attempts at contact and entreaties. His business model is such that he likes to be on top of his game by being hands on. While this may appear strange to many, it has worked so well for him. It is not that he micromanages. It is impossible to micromanage a huge conglomerate such as Dr Adenuga oversees. Indeed, formulating and directing policy, principle and strategy for such a consortium of companies is an arduous task at the best of times. For a man who is fastidious and meticulous in his planning and organisation like Dr Mike Adenuga, it is even more so. Furthermore, I know that Dr Adenuga prefers to deal with people on his own terms and at his own time, probably dictated by his hectic and busy schedule. I therefore advised my friend to be patient knowing that he would be pleasantly surprised.

“Anyway, my friend was in a different mood this time around. “Bod Dee, please, I need a big favour from you Sir!” This further heightened the suspense! “What can I do please, you know I’ll gladly do it if I can…”, I confirmed this to my friend. What he then told me was like I had become a prophet! “Haaa, Bob Dee, ore yin ti fowo semi lese. You don’t want to imagine how much he sent to me…” He was clearly over-excited, almost at the point of giddiness. That’s Dr Mike Adenuga for you. It was one of the reasons I added to his usual monikers The Guru, because of his great intellect and natural flair, and The Bull, because of his physical appearance coupled with the manner in which he brainstorms, barnstorms and battles through prosperity and adversity alike, as well as his zodiac sign and symbol. I coined the appellation “The Spirit of Africa” because he is a man you very rarely see but feel his presence around you in an unmistakable, distinctive and remarkable manner.

“There are tales and complaints about the fact that he does not pick calls nor reply messages but those peddling these stories are oftentimes frustrated by Dr Adenuga’s seemingly indifferent behaviour. Sadly, they don’t actually know that Dr Adenuga is merely responding to a strict code which he has earmarked and defined for himself without understanding and appreciating what is responsible for such a strict code. Those who know him well understand the fact that Dr Adenuga can be very shy and many take advantage of his benevolence and large-heartedness and his unwillingness and inability to say no to people’s needs and requests. As an exceptionally busy man, he does not engage in frivolity. He can’t afford distractions. He doesn’t believe in making a song and dance about his acts of philanthropy, charity and generosity. He will not string you along or make unfulfilled promises. He would simply not talk or revert to you until he is ready. However, when he does react and extend his largesse to you, prepare for a mind-blowing experience.

“Dr Adenuga’s morals, mores and proclivity are dictated by his abundant wealth of experience of life. He’s a very intelligent man who is vastly read and widely travelled. As a result, he not only understands the innate cruelty of man to fellow man, he has also on occasions experienced this first-hand to his surprise and chagrin. These experiences have shaped his thoughts and actions.

“Aside from this, He has had to navigate his way through the murky waters of Nigerian politics. Dr Adenuga avoids and shuns politics like the plague. He does not believe that he must be involved with politics in order for his businesses to survive or thrive. All he campaigns for is an avenue to do business on a level playing field because he knows that he can survive and outlast most people. He considers himself one of the fittest and the best, if not the fittest and the best since he is methodical, calculating and highly industrious and energetic.  As he says often, he is hiding his head under the parapet as he is non-aligned and does not want this to be mistaken for support for one side or the other. He knows Nigeria and Nigerians very intimately and does not want to attract unnecessary attention to himself or his business.

“So, after making all this money, how does he enjoy it, I once asked him. He smiled heartily and told me: “Bob Dee, how much money can one individual or his family enjoy? You must spread it and touch lives…that is what brings true happiness and joy. What’s the point if your friend is wealthy and it doesn’t show on you his friends…?” I concurred, words of wisdom from a sage, indeed.

“Everyman should wake up and pray to meet and become good friends with the Spirit of Africa. Trust me, it is worth every second of it. Just imagine a man who dashes out the same kind of cars he drives to friends. He buys these expensive cars in multiples. I have been a beneficiary a few times, so I know. I have a friend who got a Range Rover while his wife got another jeep. How nicer and kinder can one be? No amount of money is too much for Adenuga to shell out on his family and friends. And he really does not expect anything in return. If you have done him a favour then you are truly triply, not doubly blessed, since Dr Adenuga never forgets such favours and offers recompense even beyond your wildest dreams. Dr Adenuga believes that his friends are entitled to the same kind of material things that he wishes for and buys for himself. He has no jealous or mean streak in him in that respect.

“Of course, love must be reciprocal. Dr Adenuga loves integrity and loyalty. Because he hardly goes out, he is able to monitor people and events quietly from his desk and home. He loves people who work hard and is ever willing to offer his helping hand. Since we first met in 1991, I have gained his confidence because he knows my love and respect for him is total and unconditional. He knows my love for him transcends materialism. That is not just because he is Dr Mike Adenuga, one of the richest men in the world, but because he is my mentor and friend and for me true friendship must be total and unconditional. I therefore treat my true friends in the same way, and this just forges our bonds more. Most people fail to understand how truly satisfying and gratifying this approach is. It is an attribute and attitude that Dr Adenuga and I share, and it is why we are content and happy.

“I remember that a few years ago, I had just landed in Dubai on a Saturday morning and promptly checked into my hotel when a call came through from Lagos that I was being invited to dinner with Chairman, as I often call Dr Adenuga, the following evening in Lagos. Confusion instantly set in. A dinner with Chairman is always a treat and privilege. How would I miss such an amazing opportunity? I called the Emirate Airlines and was told the two flights to Lagos and Accra had already departed and the one to Lagos the day after was already overbooked. Based on the lessons I took from Dr Adenuga and Basorun MKO Abiola, that time waits for nobody and that you must always think outside the box to be able to achieve what others would consider seemingly impossible, I wasn’t going to give up so easily. I called The Emirate Airline again and asked if any of their flights could get me to London the same day before 8pm. They told me I could get one if I was ready to downgrade. No worries. I would even sit on a jump seat if necessary. I then called Virgin Atlantic and asked if I could get a seat to Lagos. I was told that this was possible, and I was confirmed. That was how I landed Lagos in the morning of the following day having travelled back to London from Dubai. Needless to say, I made the dinner in the evening. He loves it when you make the impossible possible. It was the portent of good fortune for me since I was able to seal some important deals that evening. Our relationship is truly spiritual, and this has been tested many times. He always knows the right times to send the goodies, almost miraculously.

“His love for the youths of Africa is palpable and they love him too. Nigerians will forever be grateful to him for breaking the seemingly impossible per second billing on telephone services. His heavy investments in laying submarine cables from Europe to Africa also stretches the imagination. The number of our youths who became GLO Ambassadors and superstars on CNN run into hundreds. He has also really done so much too for African football. He has taken our football to greater heights and African football has suddenly become a global phenomenon that can no longer be held back. It is no wonder that Africa continues to get more slots in the FIFA World Cup competition. Despite his unmatched support for the media, Dr Adenuga often suffer savage attacks from those seeking his attention but he has a solid principle: never indulge a blackmailer!

“On a personal note, he has been my mentor and benefactor, brother and friend combined. He’s been a great teacher and I have been his steadfast student. I thank God always for this uncommon grace.”

Dr. Adenuga is many things and more, and today, we preempt his 70th birthday, which is three weeks away, to raise a toast to the ever impressive hidden treasure of Africa.

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Boss Picks

Aesthetics, Landscape, Professionalism: You Can’t See ABUAD in One Day!

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By Eric Elezuo

The idea behind one of Nigeria’s elevated private higher institution of learning, the Afe Babalola University, Ado-Ekiti (ABUAD) is not only humongous, but filled with classy intentions, beautiful landscape, and professionalism in tutelage and character molding.

A visit to this great citadel of learning is not a one day affair, cause no one can see ABUAD in One day; not even in one week, one month or a year, as this reporter can attest to. ABUAD is huge. ABUAD is large. ABUAD is an institution beyond the literary definition. ABUAD is a dream projected to last a lifetime, and it has not failed to live up to billing.

Navigating through the bustling streets of Ado-Ekiti via the centre of Ekiti Parapo Arena, and into the gracious Olusegun Obasanjo Way enroute Aye Ekiti, the institution is situated at an altitude of over 1,500 feet, and located on a 130-hectare piece of land; large enough to birth a kingdom, and accommodate whatever facility dreamt of.

The Boss learnt that the institution was established to address the mismatch between academic programmes and the demands of the labour market in Nigeria.

Established in 2009, in Ado-Ekiti, the capital of Ekiti State, by a distinguished legal icon, academic pillar and seasoned entrepreneur, Prof Afe Babalola, ABUAD has distinguished itself as a force to reckon with in the fields of research and training, developing and churning out creative minds, who have constituting a megaforce in global development.

By the benefit of hindsight, the University offers Academic programmes in seven Colleges: Sciences, Law, Engineering, Social and Management Sciences, Medicine and Health Sciences, Pharmacy and Postgraduate Studies. Beyond the academic ratings, ABUAD boasts of the very best of facilities for health, recreation, environmental, electricity, agriculture and more. It is also a centre of academic discipline with academic and non-academic staff of repute, whose stock-in-trade remain the production of all-round, well-tutored and easy-to-fit personality.

The institution is managed by the Vice Chancellor, Prof Smaranda Olarinde, which academic and administrative catalogue is quiet envious to behold.

By every standard, the institution merits its Time Higher Education (THE) Impact ranking as at 2025 as the 84th in the world, 3rd in Africa and 1st in Nigeria. Great feat!

Other top SDG Africa Rankings of ABUAD include, but not limited to SDG 7 (Affordable & Clean Energy): 1st in Africa, SDG 13 (Climate Action): 1st in Africa, SDG 1 (No Poverty): 2nd in Africa and SDG 17 (Partnership for the Goals): 3rd in Africa.
It is important to observe that these achievements underscore ‘ABUAD’s commitment to quality education and societal impact, marking a major milestone for the institution and Nigeria’s higher education sector’. 

The Engineering College, one of the foremost architectural intelligence on the ABUAD land, is built on three and half acres of land, and is reputed to be one of the largest in Africa. The college was inaugurated by former President Goodluck Jonathan.

Campuses

The university has one main campus which is located in Ado-Ekiti, Ekiti State, Nigeria. The campus is situated in the hilly part of the town directly opposite the Federal Polytechnic Ado-Ekiti.The campus houses 6 undergraduate colleges, a postgraduate school, conference halls, a teaching hospital for medical students, student and staff accommodation, a sporting facility, and other auxiliary services such as a cafeteria for staff and students, a laundry, a bakery, and a water processing plant.Afe Babalola University holds a reputation for being one of the few Nigerian universities to begin academic work in the campus permanent site. However, due to the requirement by the National University Commission that the school must possess a functioning teaching hospital, a memorandum of understanding with the Nigerian federal government to make use of the Federal Medical Center (FMC) Ido-Ekiti, Ekiti State as its teaching hospital for a period of ten years beginning from October 2014.

Admission requirement

The admission requirement for the school varies between the different colleges. However, as with all Nigerian universities, for undergraduate programs the candidate is required to have at least 5 credits in subjects such as mathematics, English language and any other three subjects that are relevant to the course of study. The student is required to have passed the Joint Admission and Matriculation Board JAMB Unified Tertiary Matriculation Examination (UTME), after which the candidate is expected to take an oral interview with an academic staff of the prospective college before admission can be given. The university also offers direct entry admission to students who wish to transfer from another university or have undergone either an Advanced Level program or a degree foundation program. The level at which they are admitted into is decided by the college and varies among them.

Undergraduate colleges

The university operates a collegiate system and has six major colleges. They are the College of Engineering, College of Medicine and Health Sciences, College of Sciences, College of Law, College of Social and Management Sciences, and College of Pharmacy. Some of the colleges offer post graduate programme in some departments.

The College of Law

The College of Law is fully accredited by the National University Commission (NUC) of Nigeria. The college consists of fully furnished classrooms, a common room, a library containing law journals and articles, and a moot court for students to have court practice sessions. There are a number of student chambers in the college backed by a staff mentor who battle against each other in moot court sessions. Associate Prof. Elisabeta Smaranda Olarinde (FCAI) is the pioneer provost of the college of Law and is still the current provost of the college; she is also the acting vice chancellor of the university. The College of Law, which is regarded as one of the best law colleges in Nigeria, offers both undergraduate and post-graduate degrees (master’s level) in law.

The College of Engineering

The college of engineering was accredited by both the NUC and COREN during their one-week visit to the college. The main engineering building which houses laboratories, a central engineering library, lecturer rooms, an auditorium, a central engineering workshop and a certified Festo training center. The engineering building is named after the former Nigerian president Dr. Goodluck Jonathan and was commissioned by him on 20 October 2013 during the university’s first convocation ceremony. Prof. Israel Esan Owolabi served as the pioneer provost of the college of engineering; he stepped down from the post in 2015 and he is currently engaged in teaching activities in the electrical/electronics engineering programme.

Academic programs

  • B.Eng. Mechanical Engineering
  • B.Eng. Mechatronic Engineering
  • B.Eng. Electrical/Electronic Engineering
  • B.Eng. Petroleum Engineering
  • B.Eng. Civil Engineering
  • B.Eng. Chemical Engineering
  • B.Eng. Computer Engineering
  • B.Eng. Agricultural Engineering
  • B.Eng. Biomedical Engineering
  • B.Eng. Aeronautical and Astronautical Engineering

The College of Sciences

The College of Sciences is one of the pioneer colleges of the university after the university’s approval by the Nigerian University Commission (NUC). The university admitted students at inception on 4 January 2010.

Academic programs

  • B.Sc. Microbiology
  • B.Sc. Human Biology
  • B.Sc. Biotechnology
  • B.Sc. Biochemistry
  • B.Sc. Chemistry
  • B.Sc. Industrial Chemistry
  • B.Sc. Computer Science
  • B.Sc. Geology.
  • B.Sc. Physics with Electronics
  • B.Sc. Physics
  • B.Sc. Petroleum Chemistry
  • B.Arch Architecture

The College of Social and Management Sciences

At inception, on 4 January 2010 the university admitted students into the College of Social and Management Sciences, being one of the pioneer colleges of the university. The session ran smoothly without hitches from 4 January to August 2010. The second session of the university started on October 4, 2010, with over 1,000 students. So far the, university has maintained strict compliance with its academic calendar which makes it possible for students to pre-determine their possible date of completion of their programmes even before enrolment. It has been the policy of the university to post on-line students’ results within 24hours of approval by the Senate.

Academic programs

  • B.Sc. Economics
  • B.Sc. Accounting
  • B.Sc. Banking and Finance
  • B.Sc. Business Administration
  • B.Sc. Tourism and Events Management.
  • B.Sc. Political Science
  • B.Sc. International Relations and Diplomacy
  • B.Sc. Peace and Conflict Studies
  • B.Sc. Intelligence and Security Studies
  • B.Sc. Social Justice
  • B.Sc. Communication and Media Studies
  • B.Sc. Marketing
  • B.Sc. Entrepreneurship
  • B.Sc. Sociology

The College of Medicine and Health Sciences

The college commenced activities in October 2011 having been approved by National Universities Commission.

Academic programs

  • Medicine and Surgery (M.B.B.S)
  • B.NSc. Nursing Sciences
  • B.MLS. Medical Laboratory Science
  • B.Sc. Anatomy
  • B.Sc. Physiology
  • B.Sc. Human Nutrition and Dietetics
  • B.Sc. Pharmacology
  • B.Sc. Public Health
  • Pharm.D Pharmacy
  • B.DS. Dentistry
  • OD. Optometry

The College of Arts and Humanities

Academic programs

  • B. A. Performing Arts
  • B. A. English
  • B. A. History and International Studies
  • B. A. Linguistics

The College of Agriculture

Academic programs

  • B. Agric. Animal Science
  • B. Agric. Agricultural Economics
  • B. Agric. Extension Education
  • B. Agric. Crop Science
  • B. Agric. Soil Science

Postgraduate college

The university operates a collegiate system and has five major Postgraduate colleges. They are the College of Engineering, College of Medicine and Health Sciences, College of Sciences, College of Law and College of Social and Management Sciences.

ABUAD INDEPENDENT POWER PROJECT

To harness thorough academic and character building, the institution is operated off the national grid as it is run on its own power project, with a dam that powers its electrical needs.

HEALTH AND AGRICULTURE 

ABUAD operates of the best medical schools and facilities in the country as it boasts of almost all equipment, space and atmosphere for sundry medical conditions, with reputable medical personnel to complement the environment.

In the vein, the institution runs a developed farming culture, that accommodates rearing of livestock and production of cash and food crops.

The farm sits on a large expanse of loamy soil, complimented with consistent flow of irrigation and drainage, and maintained with the classic of horticulture. The settlement is run by a team of professionals made up of Agroeconomists, horticulturist and more.

It is also worth knowing that the school has its Cassava Processing Factory just as it operates a self sustaining Carbonated Drink Factory.

ABUAD practically offers everything!

ABUAD’S FOUNDER, AARE AFE BABALOLA

Born in 1929, Aare Afe Babalola SAN is one of the most distinguished legal luminaries of his generation, renowned both in Africa and globally for his profound contributions to the legal profession and the advancement of education. With over five decades of uninterrupted legal practice, Aare Babalola’s career is a testament to exceptional dedication, strategic advocacy, and visionary leadership.

A highly accomplished advocate, he has led some of the most celebrated cases in Nigerian legal history, representing high-profile clients, including government institutions, multinational corporations, and individuals. His advocacy spans domestic and international courts, including contributions as a consultant to the Federal Government of Nigeria, World Bank, and various conglomerates. His extensive experience includes his role in arbitration, both locally and internationally, where he remains a respected authority. Aare Babalola has appeared in numerous landmark cases, shaping Nigerian jurisprudence and establishing himself as one of the nation’s most formidable legal minds.

His influence goes beyond the courtroom. As the Founder of Afe Babalola & Co. (Emmanuel Chambers), one of Nigeria’s leading law firms, Aare Babalola has trained over 300 lawyers, including 14 Senior Advocates of Nigeria (SANs), judges, and attorneys-general, making his chambers one of the most significant contributors to the legal profession in Nigeria. His exceptional litigation skills and legal acumen earned him the prestigious title of Senior Advocate of Nigeria (SAN) in 1987, cementing his place at the pinnacle of legal practice in the country.

A renowned scholar and author, Aare Babalola has authored several authoritative legal texts, including Injunctions and Enforcement of Orders and Law and Practice of Evidence in Nigeria. His contributions to legal education extend to teaching at the Nigerian Institute of Advanced Legal Studies and delivering lectures at prestigious universities such as the University of Lagos and the University of Ibadan. His popular column, YOU AND THE LAW, published in the Nigerian Tribune, reflects his commitment to educating the public on legal matters.

Beyond his legal practice, Aare Babalola has made extraordinary strides in education. His experience as Pro-Chancellor and Chairman of the Governing Council of the University of Lagos (2001-2007) exposed him to the declining standards of education in Nigeria, spurring him to establish Afe Babalola University, Ado-Ekiti (ABUAD).

ABUAD has quickly become a beacon of academic excellence, setting new standards in Nigeria’s educational system. His efforts in education have been recognized globally, with numerous honorary degrees from universities, including the University of London, University of Lagos, and Ekiti State University.

Aare Babalola’s leadership in academia and law has earned him numerous accolades, including the Officer of the Federal Republic (OFR), Commander of the Order of the Niger (CON), and international recognition such as the Queen Victoria Commemorative Award at the Socrates Awards in Oxford, UK. He was named Africa Man of the Year on Food Security and awarded an Honorary Doctor of Management by the Federal University of Technology, Akure. His groundbreaking achievements continue to inspire generations of lawyers and leaders across Africa and beyond.

In addition to his legal and educational contributions, Aare Babalola remains a committed philanthropist and advocate for reform in various sectors. His vast experience, unmatched expertise, and unwavering commitment to excellence make him not only a legal icon but also a trailblazer in the fight for quality education and justice.

Key Achievements:

  • Senior Advocate of Nigeria (SAN), 1987.
  • Officer of the Federal Republic (OFR).
  • Commander of the Order of the Niger (CON).
  • Pro-Chancellor and Chairman of the Governing Council, University of Lagos (2001-2007).
  • Founder and Chancellor, Afe Babalola University, Ado-Ekiti (ABUAD).
  • Queen Victoria Commemorative Award winner, Oxford UK.
  • Fellow, Nigerian Institute of Advanced Legal Studies.
  • Honorary Doctor of Laws from the University of London, Ekiti State University, University of Lagos, and more

ABUAD is a legacy, just like its Founder, Afe Babalola SAN.

Photos: Ben Osei and Ken Ehimen

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Emmanuel ‘Nuel’ Ojei: The Untold Story of the Unassuming Billionaire

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By Eric Elezuo

The name Nuel Ojei rings a bell loud enough for even the deaf to hear. His Exploits were manifold, unprecedented and humongous. He was a man of extreme means, a philanthropist of the superlative degree, famous business man, Chief Executive Officer of Nuel Ojei Holdings Limited, and not forgetting his identity as a power broker of repute. Yes, until he death, he was one of the deciders of political inclinations and power shifts.

But on December 27, 2025, the curtain fell on his extraordinary humanitarian efforts, his life, his activities on the physical earth and his benevolence to his immediate, extended and adopted families across the world. He was 74 years when he breathe his last on that fateful day, five months short of his 75th birthday.

Fondly known as Nuel Ojei, the businessman passed away that Saturday night in his hometown, Issele-Uku, in Aniocha North Local Government Area of Delta State, as confirmed by his son, Chuks Ojei, in a statement issued on Sunday, December 28, 2025, on behalf of the family.

He described the loss as a profound shock and an irreplaceable personal tragedy.

The statement read, “With a heavy heart, I confirm the passing of my beloved father. His death came as a profound shock to our family following a brief illness.

“Words cannot fully capture the depth of our pain at this moment, as we struggle to come to terms with the sudden loss of a man who was not only our father but our strength, teacher, and moral compass.

“My father was more than a businessman; he was a builder of lives and legacies. A distinguished Nigerian industrialist, entrepreneur, and business magnate, he served as the Founder, Executive Chairman, and Chief Executive Officer of Nuel Ojei Holdings Ltd.

“Through discipline, resilience, and uncommon wisdom, he built enterprises that created opportunities, inspired excellence, and contributed meaningfully to national development.

“To many, he was a mentor and leader of rare integrity. To us, he was a loving father whose counsel guided our steps and whose values shaped our lives. He led with humility, strength, and compassion, touching countless lives across generations.

“His absence leaves a void that can never be filled, but his teachings and example will forever remain our guide. Though his passing signals the end of a remarkable chapter, his legacy lives on in the institutions he built, the people he mentored, and the values he upheld.

“He is survived by his children, family members, and a wide community of friends, associates, and admirers who will continue to honour his memory.

“On behalf of the Ojei family, I humbly ask for your prayers, love, and support during this time of deep grief. Funeral arrangements and further details will be communicated in due course. An icon has fallen. A father is gone. His legacy will live forever.”

The story of Nuel Ojei is that of accomplishment, fulfillment and a typical example of I came, I saw, I conquer. He was part of everything he met. He didn’t just mentor folks, he saw them through from.scratch to finish; in business, politics and other aspects of life. He was the dreamers light.

Perhaps Nuel Ojei would still have been alive today as contrary to popularly held view, he was not under the strain of any undisclosed illness, was hail and hearty prior to his traveling to Asaba, then to his hometown, from where he returned to his maker. This is if, according sources, he not insisted on traveling to his hometown to celebrate the Christmas with his wife and family, whom he missed so much, contrary to his German doctor’s instruction.

Sources told The Boss exclusively that Ojei, who left Nigeria for Spain on December 10, returned to Abuja on December 22, and insisted on traveling to Asaba to join his family even when the doctor told him it wasn’t proper considering that he was under serious stress and fatigue. But he insisted, saying he missed his wife, who she has not seen close to a month, and would wish to spend the Christmas with the family. It was during his holidays at his country home that he asked away.

Nuel was one business minded individual, who began his business craft very early in life, hitting limelight in his 20s, becoming a millionaire, and buying his first house at the age of 29. He was already a big boy when he founded Nuel Ojei Limited in 1989, nurtured it in the early stages of vehicle distributorship with Rutam Motors, sole agent for Mazda, and partnership with Mercedes Benz, till it became a conglomerate.

In 1999, as Nuel Holdings was expanded, as he was diverting into many other enterprises, he bought the magnificent edifice at Mobolaji Bank Anthony Way, Ikeja, towards the airport, which was a furniture company. Honestly, the billionaire has a penchant for airport axis as Nuel Ojei Holdings head office in Abuja, sits glistening in the uphill sun, facing the Nnamdi Azikiwe Airport. Report has it that he bought the Ikeja property at a whooping cost of N1.2 billion in 1999 from the Labanese. With about four very gigantic warehouses therein, his furniture business kickstarted, and continued to make waves. Nuel is blessed with the Midas touch, and so every of his businesses has received the growth syndrome.

A cross section of individuals, who spoke to The Boss, confirmed in no few words of how lavishly benevolent the entrepreneur par excellence was.

“His giving was not limited. He gave to all and sundry; whether you already have or not,” a beneficiary confided in The Boss.

Those who know Ojei in his lifetime believe he was richer than any rich man in Nigeria today. “What Nigerian billionaires have is not money compared to Ojei’s solvency. He was very rich, and spends it without a care for the good of humanity,” a source told The Boss.

Among the many properties he has scattered across the world include houses in various capitals in Nigeria vis a vis Lagos, Abuja, Port Harcourt and more. He also has houses in France, from where his two private jets operate, Germany and other parts of the world. In addition, he boasts of the most expensively and expansively constructed edifice in the world, situated in his Isele Uku, Asaba, Delta State locality.

The sprawling edifice, which took about six years to construct, is a the palace of some sort, fit only for royalty. It is situated on a 35-dunam (roughly 10-acre) plot near the village of Issele-Uku in the Delta state, and covers an area of 12,000 square meters. A brief description of the masion has it that it is divided between a basement, an entrance floor and a residential floor, and among a large number of buildings, including a servants’ house and an entry pavilion used by the security guards.

In addition to all other qualities the gigantic house can boast of are cinema hall, discotheque, hair salon, bowling alley and separate 350-square-meter suites for the couple (Ojei and wife), as well as a selection of guest suites. It also has its own water-purification system and electrical generator.

In his garages are states of the art vehicles including Rolls Royce, Hummer jeeps, Mercedes Benz of various luxurious makes, Range Rovers, G-wagons…just name it. Sources say the number of automobiles in his Lagos home garage alone exceed 50. That’s how super wealthy Ojei was.

Born Emmanuel Isichei Ugochukwu Ojei on May 23, 1951 to military officer, who was during his time in the army superior to a onetime Nigeria’s Head of State, Nuel had both primary and secondary education in the locality of his birth, Lagos before relocating to his hometown attend the Issele Uku Technical College, Issele Uku, between 1970 and 1972. He obtained a National Diploma in Business Administration and Management in the bargain.

It was after the ND education that he concentrated on personal building, business-wise, and returned to Lagos, and took up a job as a Sales Executive at Rutam Motors Ltd, owned by the Ibru Family, known for their super wealth.

In 1976, he left the job after attaining the position of Sales Manager. He thereafter joined Kapital Assurance Ltd in 1977, and rose to become a Director.

With hands in so many pies, Ojei learnt the craft of mastering all endeavours. He was into supplies of military wares during the 1980s, banking, and was reputed to once owned a bank, insurance, construction and telecommunications.

His interest in the oil and gas industry was limitless as he is said to own three oil blocks, and had stakes in solid minerals, telecommunications, safety and security, as well as shipping and ship building. He was a master of all.

The story of Ojei is a case study, a reference point and a research material. He was one Nigeria, who said very little, but recorded and achieved so much. He mentored numerous persons, who are spreading wealth as well across the length and breadth of capacity development and transfer.

The NOH identity is a focused, determined and committed brand that Ojei had used to affect humanity.

As wealthy as he was, he married only one wife, and is blessed with five great children, who are living the dream in its clear 8-letters of positive.

It must be noted as well that Ojei’s must treasured belonging other than his family, is the honorary doctorate honours he received from the Delta State University for his business acumen and impact on humanity. To him, that award is from home, and when your home identifies with you, you have nothing to worry about.

Emmanuel Isichei Ugochukwu Ojei may have bowed out physically from the earth, but the legacies, he systematically created will live for generations and generations to come. He was not consistently in public view, but worked assidously behind the curtains to put laughter on the lips of so many individuals across the world.

May his industrious soul find rest in the bosom of the Lord…Amen!

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Hon Jumoke Okoya-Thomas Becomes Otun Iyalode of Lagos

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By Eric Elezuo

In recognition of her wholesome performances and contributions to governance in Lagos State, the Oba of Lagos, also known as Eleko of Eko, Oba Rilwan Akiolu, has conferred a deserved chieftaincy title on former lawmaker, APC leader and prominent female politician in Lagos State, Hon Olajumoke Okoya-Thomas.

The notable woman-leader is now the Otun Iyalode of Lagos; an important traditional stool in the cultural affairs of Lagos, and the ancient city couldn’t hold its joy as it rolled it the drums in celebration.

With an avalanche of dignitaries, nobles and political giants from across the socio-economic strata of Lagos, the Iga Idunganran residence of the paramount ruler of Lagos, became another excursion site, unleashing deep-rooted culture, excellent camaraderie and impressive display of ingredients that make Lagos, popularly known as Eko thick.

The gathering boasted of the likes of Otunba Gbenga Daniel, Sir Kesington Adebutu, Prince Samuel Adedoyin & wife, Pastor Ituah Ighodalo of Trinity House, Speaker of Lagos State House of Assembly, Rt. Hon Mudashiru Obasa, Governor of Lagos State, Mr. Babajide Sanwolu & wife, Chairperson, Diaspora Commission, Mrs. Abike Dabiri-Erewa, Chief Mrs Sena Anthony, Mr Ladi Adebutu, Mr Segun Adebutu, Firstlady of Ogun State, Mrs Bamidele Abiodun, HRM Oba Abdulwasiu Omogbolahan Lawal & Olori Mariam, HRM Oba Ibikunle Fafunwa Onikoyi, Alara of Ilara Oba Olufolarin Ogunsanwo, Olugbon of Orile Igbon, Oba Francis Alao & Olori, Chief Mrs Bisi Abiola, Olori Vicky Hastrup, Senator Sade Bent, Deputy Governor of Lagos State, Mr Babafemi Hamzat and Mr Tope Abere.

Others include Hon Kafilat Ogbara, Alhaji Tajudeen Okoya and Chief Durisimi Etti, who were also conferred with various chieftaincy honours.

As Hon Okoya-Thomas stepped out in grace, clad in all white, and adorned with precious ornaments; symbol of her royalty, the Oba was on hand to dish out the ‘sayings’, with the assistance of his white cap chiefs, that bestowed on her the powers and privileges of the Otun Iyalode.

Thereafter, a sumptuous reception was held at the Condo, Airforce Base, Victoria Island, where guests were treated to the best of entertainment ranging from good food, good music, good beverages and good networking under the very hilarious guidance of popular MC, Tee A. It was a night of solidarity for a woman, who has and is still giving her best to humanity and to society.

The atmosphere did not experience a dull moment as popular musician, Ayo Balogun serenaded the audience with soulful sounds, creating an environment, where the celebrant and her guests shuffled unhindered to the smooth ride of powerful renditions.

Earlier, and prior to the event, President Bola Tinubu had sent a heartwarming congratulatory message to the former lawmaker, who many believe is a highflyer and prominent Lagos politicians, wishing her well with regards to her double celebrations including her birthday on January 20, 2026, when she turned 69, and her receiving of the prestigious Otun Iyalode title, four days after.

In the statement signed by his Special Adviser, Information and Strategic, Bayo Onanuga, President Tinubu noted that “Jumoke Okoya-Thomas, the All Progressives Congress Women Leader in Lagos State, represented Lagos Island Federal Constituency in the House of Representatives for three consecutive terms, from 2003 to 2015.

“President Tinubu commends Okoya-Thomas for her contributions to the state and for her consistent efforts to increase women’s participation in politics and governance.

“The President also notes her chieftaincy title of Otun Iyalode of Lagos, describing it as appropriate and fitting, given her commitment to women’s empowerment and support for traditional institutions in Lagos.

“President Tinubu wishes Okoya-Thomas long life and good health, even as he prays for a successful chieftaincy ceremony.

THE JUMOKE THE WORLD KNOWS

Born of palatial privilege, Jumoke is the daughter of Chief Molade Okoya-Thomas, the Asoju Oba of Lagos. She was born on January 20, 1957, and has a diploma in Senior Managers in Government from the University of Lagos and a Diploma in Secretarial Administration from Burleigh College.
On three occasions since 2003, Olajumoke Okoya-Thomas has represented the good people of Lagos Island Federal Constituency in the House of Representatives. Her legislative interests has been defined as primarily as dwelling on the Social Development of Women and Children. During her sojourn in the House, she was the Chairman of the Committee on Public Procurement and also member of committees on Banking & Currency, Diaspora, Niger Delta and Women in parliament. Before then, she was the chairman of the House Committee of Prisons.Among her achievements during her tenure, Okoya-Thomas sponsored a bill on the compulsory breast feeding of babies in 2013. The bill however, could not be actualised because the Representatives insisted that it is an issue best left out of the public domain as “no woman has to be forced to breast feed her child” though they admitted the unarguable health benefits of breastfeeding. She is also the women’s leader of The All Progressive Congress in Lagos State.

As the new Otun Iyalode, a high ranking female chieftaincy title in Yoruba, Okoya-Thomas is saddled with the responsibility of performing leadership roles as well as being the spokesperson for all women in the community. S

She is also expected to play crucial roles in mediation of disputes, especially those involving women. She will participate in legislative functions and decision-making processes concerning the town’s welfare. These are responsibilities the all-experience former lawmaker is endowed with.

We therefore wish Madam Olajumoke Okoya-Thomas a happy 69th birthday, and gracious tenure as she navigates through the tasks of Otun Iyalode(ship).

Congratulations ma!

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