Boss Of The Week
Allen Onyema: Africa’s Hero Changing Aviation Landscape
By Eric Elezuo
The adage, the sky is your limit, doesn’t seem to sit well with a personality like the big man at Peace Air, Mr Allen Onyema as he continually seeks ways to better the Nigerian airspace and champion revolutionary measures in African aviation enterprise.
A lawyer turned accomplished entrepreneur, Onyema is the epitome of dedication, determination, focus and passionale zeal to make the continent an aviation guru among high flyers in the industry.
Today, despite inconsistent government policies coupled with bureaucratic bottlenecks hindering the smooth operations of indigenous airlines, Air Peace, arguably West Africa’s biggest carrier, recently recorded another breakthrough. This time, the ever improving carrier made a remarkable entry into the European air space after securing Foreign Carrier Operator Permit, FCOP, to fly to London.
The permit allows airlines from other regions to fly to Europe and Third Country Operator Permit (TCO-UK) that enables airlines to operate to UK. In other words, Peace Air will now operate direct flights with its luxury wide-body Boeing 777 aircraft to these destinations.
“We obtained these permits that qualify us to fly to UK. Before you obtain these approvals, they will audit you very well. You have to go through stringent audit, which we passed. We obtained the permit last week,” the entrepreneur enthused.
Consequently, when you talk about a man, who has an unwavering interest in his country, and continent; a man fit enough to wear the toga of the prestigious award of Nigeria’s National Productivity Order of Merit (NPOM), you are without equivocation making reference to the Chairman/CEO of Air Peace, Barrister Allen Onyema.
It is therefore not a surprise that his diligence, high performance, high productivity and research achievements; ability to encourage and foster the spirit of healthy competition amongst workers, firms and companies in Nigeria, propelled him to the enviable height he is standing on today, and paved his way to receiving prestigious awards and achieving more and more firsts.
When you are many things wrapped up in one bundle, it is difficult, almost impossible for the world not to give you attention. This situation encapsulates one man, completely different from the rest in the global professionalism, entrepreneurship and philanthropy. From the solitary law profession to becoming an aviation wizkid to the reputable philanthropist known across the globe, Allen Ifechukwu Onyemaraeme, simply referred to Allen Onyema has come a long in his 59 years of worthy sojourn on planet earth. Here is a man who found the proverbial green pastures out of a dint of hard work from where he was, breaking barriers and creating new horizons. He is the indefatigable founder of one of world’s best privately owned airline, Air Peace.
Air Peace, without mincing words, has grown to become the largest indigenous airline in the whole of West and Central Africa with competitive fares on both passenger and charter services. It is worthy to note that licence for the operations was delayed for two whole years. Onyema, unarguably has the Midas touch by every standard.
A native of Mbosi in Ihiala Local Government Area of Anambra state, Allen Onyema, was born to Michael and Helen Onyema in Benin City in the then Midwest region, in present day Edo State, on March 28, 1964 as the first of nine children of his parents.
He obtained his Higher School Certificate at the age of 20 in 1984, at Government College, Ughelli, having had stints with various institutions of learning including including St. Anthony’s Secondary School, Azia and Urhobo College, Effurun.
In the same 1984, Allen Onyema was admitted into the University of Ibadan to study Law. He practically allowed the school to pass through him as well as he combined academic works with social activism to engender national peace. In 1987 however, he graduated and was subsequently called to the Nigerian Bar in 1989.
While others were making their ways out of the country in search of better life, Onyema moved to Lagos with a strong determination to find his own greener pastures there, and if he couldn’t find it, will create his own greener pastures there, for others to subsequently find.
Like the biblical person, who has respect and is faithful with little beginnings, Onyema began life as a squatter in Oshodi, a suburb of Lagos notorious for squalor attributes. He explained in one of the many interviews he had granted that he used ‘trek from Marina to Iddo to join the overcrowded trains back from his daily trips to Lagos Island in search of a chamber to practice his law profession’.
In 1990, out of sheer zeal and focus, he secured a place with Nwizugbo & Co. Chambers. It was not long, before he stamped his feet in the scheme of things, having won a case that had been labelled ‘a bad case’. From that point, there was no stopping the young lawyer, as he continued to establish his authority in the field. His rise was astronomical, and 1992, he had become the Head of Chambers. He also performed two actions in the same year that changed the course of his profession.
As a man who has his hands in many pies, he resigned his job at the chamber to concentrate on his real estate business, and at the same time floated his own law chamber, Onyema and Co. This real estate business was more lucrative as he reasoned, and justifiably so by every standard. The deals sharpened his entrepreneurial skills, and it was not long for him to choose between an arbitrator and an entrepreneur. It is worthy of note that deciding was very easy as he told Late Ubong King in an interview, and reported by Nairametrics:
“When I was squatting in Oshodi, I had these garage boys that were my friends and one happened to belong to a family that had this large expanse of land in Alagbado. He took me there, showed me their properties and I helped them to bring some buyers. A week later, after I got the employment, the entire family sent for me, and gave me about 400 plots of land in Alagbado to sell on their behalf at N5000 per plot.”
Though he was not promised a commission, he was given the privilege of a mark up, and so for someone on a monthly salary of N500, every plot of land sold at 100 per cent markup fetched him his 10-months’ salary. He didn’t need any ghost to tell him where his riches lie. He was not just selling to others, he was buying for himself as well.
With the fast rise of the real estate business, he consequently established Allen Onyema & Company to handle his real estate concerns. He confessed that “I was making a lot of money, but I was also working really hard.”
He didn’t stop at that, the wave of business acumen was flowing around, and he took advantage and also established floated Continental Business Links Limited, an import trade outfit to play the middleman role between traders in Nigeria who wished to import goods, and foreign manufacturers looking to get their goods into the Nigerian market.
He followed it up with the establishment of started Every Tide limited, an imports and trade business that imported electronics and sold in wholesale containers to traders.
In 2013, Onyema took the boldest step of his entrepreneurial calling. That was when he started the ambitious Air Peace, with the sole intent of creating jobs as against making profits. He had said in many fora that a friend told him that one commercial Boeing 737 could give jobs to a thousand persons and he decided that commercial aviation was a much profitable venture than leaving his money to seat idle in the banks. Consequently, he purchased the first three Domier jets. He realised rather too late that they could only be used for charters and even though they could fetch him a lot of money, only a few staff were needed. That wasn’t his original magnanimous intention. He wanted to give employment to a large number of citizens, not to make profit. Then he acquired seven Boeing 737 planes for commercial aviation. It was epochal as that was the time ever that a Nigerian airline would be starting with more than 2 airplanes.
Besides being a sound entrepreneurial giant, Onyema comes also as socially sound as the best. While in UI, his appetite for peace made him lead a group of nine other students to Zaria to quell a raging religious and ethnic riot that claimed lives. This singular act and the reception that followed his enthusiasm grew and led to the formation of a group known then as Eminent Friends’ Group – a group formed with the objectives of promoting ethnic harmony amongst Nigeria’s diverse ethnic nationalities and fighting the incidence of violence of all forms
When he left the university in 1987, he ensured that the group was replicated in all the states of the federation. In 2005, he initiated, organised and held the “1st Nigeria forever project” aimed at promoting broad nationalism as against ethnic nationalism.
The flourishing entrepreneur is not new to awards as they follow him like an avalanche. In April 2007, he became the second African ever to be appointed to the Executive Board of The Global Non-violence Conference Series Inc. USA, alongside notable world leaders like Hon. Dr. Andrew Young and Suarez Ramos. As a member of this board, he won for Nigeria, the hosting rights for Global Conference on Nonviolence and Peace in Abuja from December 3-5, 2007. His contribution to the socio-economic development has just began. He is also the chairman of the Foundation For Ethnic Harmony in Nigeria, (FEHN).
As a budding socialite and successful business, he has not completely escaped the unfounded criticisms of naysayers and fifth columnists. He and Air Peace have also come under senseless attacks in spite of the excellent services being rendered to the flying public. It is on record that the airline operates some of the heathiest, mostly brand new supersonic planes that have combined to earn the brand the Number One Position in the West and Central Africa Regions, barely seven years of its operation. He however, haas made it known that his primary objective is to continue to dish out the best of services to the flying public, create jobs for the teeming Nigerian youths, and not to answer to every unsubstantiated accusation by those who do not have the interest of the country at heart.
It is against this backdrop that the Anambra State Governor, Prof Charles Soludo, in a message through his media aide, Joe Anatune, described Onyema as an exceptional businessman and a rare philanthropist who has made giant strides in the Nigerian Aviation industry through dint of hardwork and uncompromising business ethos.
It is worthy of note that a few years after the Air Peace became operational, the airline has thousands of people on its employment across the world, a greater majority of them are young Nigerian men and women who are pilots, engineers, technicians, lawyers, journalists, medical doctors, air hostess and cleaners, among many other professionals. The group launched its first international routes in 2017 to Accra in Ghana and commenced flights to Sharjah United Arab Emirates (UAE) in 2019.
As one of the wonders of the world, the brand by 2018, had the largest market share in the domestic airline market in Nigeria, took delivery of jumbo jets- Boeing 777 planes and still counting. The long strides of the airline to date is nothing but mind-blowing. In addition to all the supersonic aircraft already acquired, Onyema has the intention of taking delivery of another set of 12 brand new Embraer 195 C2 making it 17, with the aim of acquiring a total of 30 of the supersonic planes to fly passengers across the world before the end of 2022. He is such an enigma, a well crafted legacy to mankind. He will be remembered for playing significant roles in the realization of the Anambra Airport.
In 2022, the company received its fourth International Air Transport Association Operational Safety Audit (IOSA) certification, which signifies that the carrier was successful in the globally recognised and rigorous safety audit.
“Air Peace is unwaveringly committed to observing the highest standards of safety in its operations and the consecutive success in the IOSA audits is a testament to this commitment. For us, safety comes first for both our passengers and staff. We cannot compromise on this,” the organisation maintained.
Apart from providing jobs for thousands of people in Nigeria and others from across the world, especially countries where it operates, Onyema and Air Peace management is neck deep into philanthropy as well as intervening for Nigeria, in times of emergency among other needs.
In 2019, during the outbreak of xenophobia in South Africa, Air Peace took up the challenge to evacuate Nigerians at no cost.
In September 2021, Allen Onyema challenged the Super Eagles to beat Cape Verde and get N20 million as well as flew the team to Mindelo where the game took place. The team won the game, and Onyema handed over N20 million largesse.
Most recently, Air Peace was one of the three Airlines that the Federal Government engaged recently to bring Nigerians who were stranded in Ukraine due to the raging war between that country and Russia back home, a task that was successfully executed.
Onyema’s economic benefits to the Nigerian nation are larger than one can imagine. He is into scholarship to as as many that that comes across him, and has written his name in gold as one of Nigerian’s most influential businessman, whose selfless interest stands out among the rest.
A distinguished family man, Onyema has been married to his heartthrob, Alice Ojochide Onyema, since 1993, and both are blessed with wonderful children.
We congratulate you on this fresh landmark achievement, knowing it is a stepping stone to more notable barrier breaking impacts.
By Eric Elezuo
With over 1000 housing units providing for shelter-seeking Nigerians, in just nine years, the influence and humanity embedded in the organizational structure of Veritasi Homes cannot be overemphasized.
Led by its indefatigable and energetic Chairman, Nola Adetola, Veritasi Homes has proved beyond reasonable doubt that its mission of providing affordable luxurious accommodation has come to stay.
The firm, in conjunction with Cooplag, brought the mandate to the fore one more time on Thursday, when under the watch of Lagos State Governor, Mr. Babajide Sanwo-Olu, and many other distinguished Nigerians including the Chairman of Ovation Media Group, Chief Dele Momodu, conducted the Groundbreaking ceremony for a highrise edifice, right in the heart of the prestigious Eko Atlantic City, Lagos, called OYSTER TOWERS.
This development is coming less than six months after the Nola Adetola-led team began the construction of another high rise apartment, Allied Towers, in the high profile Ikoyi Island. A testament of how desirous he is about bridging the housing deficit in Nigeria.
The entrepreneur, in his speech, noted that his efforts are geared towards continuous provision of luxurious, but affordable accommodation for the Nigerian public, as a real estate giant, in rewarding partnership with Cooplag, under leadership of Francis Adeoye.
In his speech, the Chief Executive Officer of Veritasi Homes, Mr. Nola Adetola, noted that the project is a bold new chapter in the Lagos’ skyline, and will provide competitive and a whole new approach to luxurious living, especially with its location in the Eko Atlantic City axis.
“Today, as we break ground on Oyster Towers, we are declaring possibility and our determination to do something meaningful with it. Together with COOPLAG, we open yet another chapter in Lagos’ skyline, in Nigeria’s housing story, and in Veritasi’s journey,” he said.
Recalling the journey, the trajectory, and the achievements of the Veritasi brand, Nola informed that “Nine years ago, when we began this journey, we looked at Nigeria’s real estate market and asked: Can we do better? That question gave birth to Veritasi Homes. And today, we are doing it.”
Also speaking, the President of COOPLAG, Francis Adeoye, also underscored the significance of the project and the vision behind it.
“Today, we are not just breaking ground, we are breaking barriers. We are laying the foundation for a future where cooperative strength meets architectural excellence, where innovation meets legacy, and where our members and stakeholders can aspire to live in spaces that reflect their values, ambitions, and achievements,” he said.
Adding, Adeoye intoned that “This is the realisation of a shared dream, a dream to redefine urban living and empower our members. For over three decades, COOPLAG has stood as a beacon of cooperative strength, financial empowerment, and community development.”
Expressing his belief in the abilities of the two organizations, Governor Sanwo-Olu confirmed his trust in their efforts, noting that he has been in working relationship with the team, especially Cooplag.
He informed that having been involved in the groundbreaking ceremony, he would nonetheless be involved in every step of the way, until the project comes to conclusion.
Speaker after speaker, everyone agreed that the partnership is one of the best things to happen to the real estate sector, and would give vent the housing revolution the organisations are dedicated to.
The two organizations later put pen to paper to officially seal an agreement that was meant to materialize via the erection of beauty, style, architectural intelligence, elegance and housing space in the highbrow Ikoyi Island.
With the speeches and paperwork concluded, the guests moved outside, where the traditional ritual of scooping the earth over itself was held, signifying the commencement of the task of bringing the Oyster Towers project to reality within the next coming months.
Veritasi Homes and Cooplag are tested and trusted organisations in the housing and homes sector of the Nigerian economy.
The Impressive World of Indefatigable Investor, Adetola Nola
By Eric Elezuo
Here’s the story of a man, who read his way out of poverty. A man, who is known by a dictum not common to ordinary mortals; the dictum of perfection. It is no wonder that he is credited with the saying, “I am a perfectionist, and I take nothing short of excellence”.
His name is Adetola Nola. He is the Chief Executive Officer at Veritasi Homes and Properties, A.R.N Farms and Commodities Limited, which he founded and signed off to build one of the largest rice milling plants in West Africa; Asteric Asset Management, and Baraka Energy Lithium Processing Limited. Nola’s image looms large, and he still has years before his 40th birthday.
Nola is a typical example of the ‘real’ Nigerian youths, who are steadily proving that the not too young to run mantra is not just about politics, but spreads across every facet of human endeavour, chiefly among which is entrepreneurship.
It is therefore, not a surprise that before the age of 30, the star brained thinker, determined achiever and never-say-never entrepreneur, who has conquered the world of real estate, agriculture, mining and asset management giant, is already ruling their worlds, giving back to humanity and creating leverages that are already making the world a much more better place as well as pave the way for upcoming youths to bring their dreams to reality.
Nola is a standard measure for administrative competence, and the that fact anyone can achieve greatness if they set their minds to it.
Born 1990, Adetola Nola, is unarguably an excellence-driven and innovative real estate entrepreneur with positive energy and experience instrumental in redefining success in the Nigerian real estate industry. He does not only boast of these energies, but steadfastly put them to work and has reinvented a whole new strata of home management, estate development and all round provision of affordable housing for every class of humanity, Nigerians more especially.
A well-read intellectual, Nola is a Bachelor of Engineering degree holder in Chemical Engineering from the prestigious Obafemi Awolowo University, Ile-Ife. He has not left anything to chance as regards improvement educationally as he has just concluded an MBA (Masters in Business Administration) degree at the Metropolitan School of Business & Management, London.
His strong leaning on education and in continuous learning have created in him a need not to rest on his oars, prompting him to attend many capacity development courses, including Strategic Management & Leadership courses at the London Metropolitan University, Finance and Management Courses at the London School of Business & Finance; and numerous seminars locally and internationally. Little wonder he tells anyone he cares to listen that “I read my way out of poverty”.
Ever since he ventured into entrepreneurship, Adetola Nola has not looked back; he has not allowed himself to be weighed down by the vicissitudes surrounding business establishment and grooming, and has consequently, raked in extraordinary achievements under the age of 30, prompting the magnanimous Forbes to recognise him among the Forbes Africa Under 30 Class of 2019, when he was 29.
Reacting to his selection, Nola noted that “It is an honour to be part of this list that features so many great people. Forbes has done a great job compiling and ensuring the credibility of this list since inception, and it is a leading resource for entrepreneurs, like myself.”
The CEO is an epitome of impressive leadership, corporate management skills, and rich top management experience. His expertise, knowledge and experience span sales, marketing, real estate investment, property finance, real estate advisory, management, leadership development among a long list of business and entrepreneur oriented endeavours.
From a mere start up, Nola kick-started his real estate career. He began as a real estate sales consultant with Grenadine Homes, where he recorded a plethora of successes in closing property deals. Every pie he puts his hands is on becomes a done deal. His ingenuity won him a trip to Dubai while at Grenadine. He reported that once, he sold shoes so well to a client that the client felt he could sell real estate, and there arose his interest in real estate.
In 2017, after facilitating projects for other real estate companies, he founded his own company, Veritasi with just one staff – his secretary. But his style of leadership, rooted in eye for details and profits, the company recorded over N2 billion in revenue in less than two years of operation. In his modesty, he attributed the feat to the company’s vision of solving the housing problems of middle-income earners in Nigeria.
From the proverbial mustard seed, the company has grown to boast of over 12,000 real estate consultants, 1300 Veritasi Realtors and over a score full-time staff, today. This is a magnificent leap by all standard.
Nola has remained undaunted in his pursuit of the golden fleece or the green pastures even as he encountered untold entrepreneurial hassles. It has been reported that the man, who today has a Midas touch, has failed severally in business, but his sight on the ultimate goal, kept him going. And today he is a success story. A point of reference, and a veritable instrument with a passion to see and help other businesses grow.
“All the other businesses were learning grounds for us. They failed, but they taught me a lot of things. Because when I started Veritasi, I understood business dynamics and a lot of other things. I am trying to resurrect one or two,” he said.
The entrepreneur’s experience in growing businesses from the scratch to fruition is predicated upon his ability to have either founded or co-founded five other companies, including Noah and Nola Incorporated, Pineapples Luxury Retail Store and Couture 89 amongst others. He is also the current Founder/Chief Strategist Officer of Nola Travels. It is worthy of note that Nola founded this particular business with the sole aim of helping unemployed graduates. That explains how kindhearted he is, and can always be!
Walking in the footsteps of great African entrepreneurs like Tony Elumelu, Nola has a wholesome ambition of raising at least 200 successful African entrepreneurs who will, in turn, create employment and the circle continues. He has, as a matter of fact, been training batches of at least forty realtors and entrepreneurs on business and financial intelligence in his office every Thursday since November 2018. He also helps friends and family members to analyse their businesses, just as he assists the same friends and family members to see to the fruition of their businesses.
In all, Nola has analysed over 40 businesses, and still counting, for close friends and family members in the same way he has helped in restructuring about 20 of these businesses free of charge.
His corporate social responsibility has grown in leaps and bounds, affecting lives and giving hope to as many that he has come in contact with. He is presently championing the emergence of smarter communities with green energy in Nigeria while developing and providing properties that are timely in delivery, cost-effective, energy efficient, and durable. He is also a strategic investor with investments in the automobile industry, fashion and agriculture. His catalogue of palliatives for the good of his people has remained green even as he is still a very young man.
Nola is a thoroughbred inspirational speaker as well as a resource person in many affairs of life. While impacting his community, he has acted as a resource person at many learning and discourse sessions. He has also spoken in many local and international conferences including University of Mazda, Abu Dhabi and Property Investment & Homebuyers Show, London and others.
In his quest to further affect humanity, he has partnered with a number of NGOs with the aim of eradicating poverty and establishing a positive legacy. His belief in entrepreneurship has given him leverage to solve the challenge of unemployment and poverty in Africa. He has therefore, created platforms where people can work and learn to build companies of their own.
AWARDS AND ACCOLADES
Nola is not new to awards considering his humongous achievements. He has to his credit multiple local and international awards among which are Most Enterprising Student from Obafemi Awolowo University; Most Innovative Staff from Grenadine Homes; Best Intern in Operations from NNPC; Young Real Estate CEO Speaker from Property Investment Show, London and Fastest Growing Entreprenuer from Grapevine Real Estate.
Nola is a force to reckon with, and had started from the earliest of stages to create the accolades that follows him today, even at his youthful age.
THE PRESTIGIOUS CAMBERWALL ESTATE, LEKKI
Recently, Nola’s company unveiled an ambitious site and services scheme in Lekki, called Camberwall Estate. This magnanimous project is coming just after the Star City Garden in Ibeju-Lekki was first released. The estate consists of service plots.
A must buy and home to every lover of affordable luxury, Camberwall, a homely estate, which is located along Eleko Beach and opposite Amen Estate in Ibeju-Lekki Council, is a few minutes drive to Lagos Business School, and proposed airport. There is no doubt that it is an investor’s delight.
Speaking about the estate, Nola said it is a residential haven designed to provide affordable experience in a conducive and serene environment. He added that the estate is designed to accommodate modern state of the art facilities like interlocked road, clinic and security beautiful landscape, drainages, street lights, and estate club houses.
That is not all, it comprises a central designed architectural piece of accommodation, which provides residents with an ideal believe of tranquility and modern convenience. As part of his innovations, he is replicating noiseless and smart homes in Nigeria.
Nola does not only have a Midas touch in business, he is a stickler to excellence, decorum and the best of services. Little wonder he rolled out the drums to celebrate staff and clients as the year 2021 wound down in a most elaborate end of year party. He is by all means the class of technocrats capable of turning the economic fortunes of the nation, Nigeria around, and needs to be giving a chance.
A typical Epicurus son, Nola is a lover of good things including splendid food, neatly and smartly tailored apparels and worthy vacations to ease the stress and rejuvenate the mind.
Welcome to the impressive world of the indefatigable investor, Adetola Nola!
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