Boss Of The Week
Accomplished Entrepreneur, Taiwo Afolabi, Revels at 62
Published
5 months agoon
By
EricBy Eric Elezuo
A trained as a lawyer. An accomplished entrepreneur. A distinguished industrialist with a Midas touch. A philanthropist of note with thousands of hangers-on, who are proud to call him their mentor. He is Taiwo Olayinka Afolabi, the ebullient Chief Executive Officer at SIFAX Group, a conglomerate with its hands in various pies including Maritime, Aviation, Haulage, Hospitality, Financial Services and Oil and Gas. He is also the brain behind the jaw dropping new Marriot Hotel, located in Lagos. He is celebrating 62 years of impact, God’s goodness and attention to humanity.
Born on April 29, 1962, as the first child of a set of twins in Ondo State to Chief and Chief (Mrs.) Samson Afolabi, Afolabi is a native of Idokunusi Ijebu in Ijebu East Local Government Area of Ogun State, Nigeria.
A distinguished 2010 Member of the Order of the Niger MON awardee, the prolific business magnate started his education at the Ansar Ud Deen Primary School, Ondo State, before proceeding to the Baptist Grammar School, Ibadan where he obtained his West African Examination Council certificate. His quest to be the best he can be lured him further, and he berthed at the prestigious University of Lagos to study Law. He graduated with a LLB certificate in Law. He became a certified lawyer after a strenuous one year stint at the Nigerian Law School. He was called to the Nigerian Bar by the Body of Benchers on November 4, 2009., and thereafter, obtained a Masters degree in International Law and Diplomacy from the same university.
Pruned, prepared and perfected for the outside world, Afolabi in 1981 launched into professional endeavours, kick starting his career with a shipping company, Nigerian Express Agencies Limited. As a young man hungry for success, Afolabi gave his all, distinguishing himself in every assignment, and earning the respect of all and sundry, thereby rising to become the Head of Operations.
Having seen all there was to see there, and consumed with the zeal to find a newer entrepreneurial world, he stepped out again, like Ulysses, in 1988 to create his own world, and there founded the SIFAX Group; a mustard seed that has grown to become a gigantic oak tree sheltering Maritime, Aviation, Haulage, Logistics, Oil & Gas and Hospitality concerns.
With SIFAX, Afolabi has proved to be a wonder blessed with the Midas touch as from a humble beginning, with little or nothing, he has transformed the originally freight forwarding agency with only a single base in Lagos, Nigeria, to a super mart, which currently operates across the world boasting of iconic presence in Africa, Europe and the Americas. Some of its locations include the United States of America, United Kingdom, Ghana, South Africa, Holland, Belgium, Morocco, Spain and Djibouti.
With over three decades of experience in entrepreneurial networking, having kick started his career story at the age of 28, Afolabi has successfully turned around the SIFAX empire, deriving subsidiaries out of a dint of hard work. Some of them are but not limited to Ports and Cargo Handling Services Limited, a concessionaire and operator of the Terminal C, Tin Can Island Ports, Apapa Lagos and SIFAX Off Dock Limited, a bonded terminal operator.
Others include SIFAX Stevedoring Limited; SIFAX Oil and Gas Limited; SIFAX Haulage & Logistics Limited; SIFAX Logistics & Marine Services Limited; Skypower Aviation Handling Company Limited, an aviation ground handling company and SIFAX Shipping Limited. In glorious addition is the Marriot Hotel, a five star all inclusive home away from home. His invaluable knowledge of the economy, ability to take entrepreneurial risks, knack for newer grounds, focus on the job and desire to affect humanity have in no small measure ensured that all his subsidiaries have emerged and remained the most sought after brands in the business world.
He has further beefed up his skills in the maritime and general business world by attending several maritime and aviation-related trainings both locally and internationally on port operations, aviation ground handling operations and management.
When Afolabi is not unleashing the prowess his business acumen in the boardrooms, he is jovially serving the public. As many that know or have come across him agree that he has built a reputation as a public-spirited individual, possess a philanthropic gesture and is generally a jolly good fellow. He is said to have given hope and support to many public causes including education, which sits uppermost in his heart. He is known to run speedily to rescue whenever matters refer to education and academics. He is also public speaker and facilitator at various industry conferences and mentoring programmes. Some of the many interventions he has achieved in the education sector as part of his social corporate responsibility are donation of a 1,000 capacity lecture theatre at Ladoke Akintola University, Ogbomosho and an 18-seater Toyota Hiace bus to the medical students association of the Obafemi Awolowo University, Ile-Ife, Osun State.
He also sponsors The Taiwo Afolabi Annual Maritime Conference (TAAM Conference), organized in his honor by students of the University of Lagos.
Dr. Afolabi’s larger than life existence was made more manifest at the opening of his new Marriot Hotel where the who is who in the Nigerian economic world, entertainment, sports, politics and many more, gathered to give him solidarity.
A seasoned maritime consultant and Fellow of the Nigeria Institute of Financial Management, the Institute of Freight Forwarders of Nigeria, and the Chartered Institute of Arbitrators of Nigeria, Afolabi has used SIFAX and its subsidiaries to positively affect the Nigerian economy as well as generate both direct and indirect employment for teeming Nigerians who are eligible.
For his very many altruistic endeavours, Afolabi has been recognised and awarded in many quarters. Consequently, he has been conferred with diverse honorary doctorate degrees from four universities, including Ladoke Akintola University, Ogbomosho, Oyo State, Cornerstone University and Theological Seminary, Jerusalem, Israel and USA, European-American University, Dominica and Commonwealth University, Belize.
He has also received other individual awards from diverse organizations, running into tens including the 2014 Business Person of the Year which was conferred on him Sun Newspapers, a leading Nigerian media company and he is also the Honorary Consul-General of the Republic of Djibouti in Nigeria.
He is a member of the Institute of Directors Nigeria; Ikoyi Club 1938; IBB Golf Club, Abuja; the Building Committee of the Nigerian-British Chamber of Commerce and Industry, amongst many others.
Afolabi, who is celebrated for his “wealth of experience, organisational prudence and business ingenuity” is a sports enthusiast, addicted to watching and playing football.
A proud and accommodating family man, he is married to his beautiful wife, Folashade, and they are blessed with wonderful children, among whom is a popular recording artist, L.A.X.
For you incredible support growth and development of world economy, and the survival of humanity, you are our Boss of the Week.
Happy birthday sir!
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Boss Of The Week
The Consummate Entrepreneur, Kola Adesina
Published
2 weeks agoon
September 7, 2024By
EricAn entrepreneur of international repute, the managing director of Sahara Group, former Chairman of Egbin Power Plc, and board chairman of Ikeja Electric, is a toast among the teeming number of Nigerian philanthropists. He basically stands out.
According to a narrative volunteered by his organisation, the billionaire industrialist is a consummate entrepreneur with experience that traverses the academia, finance, energy, trade and diplomacy. He’s a Director at Sahara Group, a leading international energy (power, oil and gas) and infrastructure conglomerate with operations in over 38 countries across Africa, Asia, Middle East and Europe.
Kola currently leads the vision of Sahara Power Group aimed at bringing energy to life by deploying diversified power sources to light up lives, businesses and sustainable interventions in Nigeria and across Africa. Kola specifically oversees the Group’s affiliates including Ikeja Electric, the largest privately owned power distribution business in South Saharan Africa (SSA), Egbin Power Plc – the largest thermal plant in SSA (with 1,320MW installed capacity with ongoing expansion plans to increase the capacity over two-fold, providing a quarter of the total generating capacity in Nigeria) and First Independent Power Limited.
Kola combines his years of management and business diplomacy experience into creating and executing innovative strategies for governments across sub Saharan Africa in the energy sector. Kola is a much sought after resource person on energy related issues, especially the power sector in Africa and is also a frontline speaker at conferences across the globe.
He is passionate about empowering young people and takes great pride in mentoring youths to seek creative ways of galvanizing their energies for sustained excellence and productivity. Mr. Adesina is a pan-Africanist, a seasoned entrepreneur and avowed promoter of the Pan African Dream of regional integration and trade.
Am accomplished family man, Kola Adesina holds a B.SC (Insurance), M.SC. (Business), Masters in International Law and Diplomacy and is an Associate of the Chartered Institute of Insurance.
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Boss Of The Week
The Impressive World of Indefatigable Investor, Adetola Nola
Published
4 weeks agoon
August 24, 2024By
EricBy 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 nobwonder that he is credited with the say, “I am a perfectionist, and I take nothing short of excellence”.
His name is Adetola Nola. He is athe 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 is just 34.
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 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 18 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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Boss Of The Week
Meet Nigeria’s Next CJN, Justice Kudirat Kekere-Ekun
Published
1 month agoon
August 18, 2024By
EricBy Eric Elezuo
During the week, the National Judicial Council (NJC), in line with popular anticipation, recommended Justice Kudirat Motonmori Kekere-Ekun to President Bola Tinubu for appointment as the Chief Justice of Nigeria (CJN).
On confirmation, Kekere-Ekun will become the second female to become Nigeria’s head of the judiciary, after Aloma Mariam Mukhtar, whose tenure ran from July 2012 to November 2014. She will replace Justice Kayode Ariwoola, who will formally bow out on August 22.
The NJC also recommended 27 candidates for appointment as judges of state courts and one as Kadi of the Sharia Court of the FCT, Abuja.
A statement by the spokesperson of the NJC, Soji Oye, said the recommendation was made at the Council’s 106th Meeting presided over by the Chief Justice of Nigeria, Justice Olukayode Ariwoola, held on August 14 and 15.
The statement read: “The NJC also “recommend twenty-seven (27) candidates for appointment as Judges of States Courts and a candidate for appointment as Kadi of the Sharia Court of the FCT, Abuja to their various State Governors and Mr President.
“NJC recommends Hon. Justice Kudirat Motonmori Kekere-Ekun, CFR as the Hon. Chief Justice of Nigeria and Twenty-eight (28) others as Judges of various Courts.
“The National Judicial Council at its 106th Meeting presided over by the Hon. Chief Justice of Nigeria, Hon. Justice Olukayode Ariwoola, held on August 14 and 15, 2024, recommended Hon. Justice Kudirat Motonmori Kekere-Ekun, to President Bola Tinubu, for appointment as the Chief Justice of Nigeria.
“This is imperative as Hon. Justice Olukayode Ariwoola, will formally bow out of office as the Hon. Chief Justice of Nigeria next week Thursday on August 22, 2024.
“Council also recommend twenty-seven (27) candidates for appointment as Judges of States Courts and a candidate for appointment as Kadi of the Sharia Court of the FCT, Abuja to their various State Governors and Mr. President as follows:
Chief Justice of Nigeria (CJN)
Hon. Justice Kudirat Motonmori Kekere-Ekun, CFR
Six Judges, High Court of Kwara State
Olawoyin, Ibijoke Olabisi, Abdulrazaq, Fatimah Funsho, Folorunsho, Oba Muritala, Dikko, Yusuf Adebayo, Adeniyi, Oluwatosin Adenike and Osuolale-Ajayi, Temitope Olalekan
One Judge, High Court of Kaduna State
Zubairu, Murtala Ja’afaru
Four Judges, High Court of Benue State
Kor, Vincent Tersoo, Ikwulono, Maigida Maimuna, Adagba, Nguhemen Julie and Tor, Damian Tersugh
Two Judges, Customary Court of Appeal, Benue State
Onche, Ogah Inalegwu and Igba, Theophilus Terhile
Eight Judges, High Court of Rivers State
Onyiri, Frank, Ugoji, Victor Chinedum, Obomanu, Godswill Vidal, Oguguo, Rita Chituru, Fubara, Alatuwo Elkanah, Kokpan, Bariyima Sylvester, Obu, Ibietela Innocent Madighi and Wifa-Adedipe, Lesi
Six Judges, High Court of Ondo State
Daomi, Williams Adebisi, Fabuluje, Adewumi William, Ogunwumiju, Mobayonle Idowu, Demehin-Ogunbayo, Inumidun Happiness, Kpemi, Ojufisintei Justinah and Adegoroye, Olufunke Adeola
One Kadi, Shariah Court of Appeal, FCT, Abuja.
Muhammad, Lawal Munir
“All recommended candidates are expected to be sworn-in after the approval of the NJC recommendations to the President and their respective State governors.”
Justice Kekere-Ekun joined the Lagos State Judiciary as Senior Magistrate II and rose to the position of the State High Court Judge. She served as Chairman of Robbery and Firearms Tribunal, Zone II, Ikeja, between November 1996 to May 1999. She was appointed to the bench of the Nigerian courts of appeal in 2004 before her appointment as Justice of the Supreme Court of Nigeria in July 2013.
In 2020, Kekere-Ekun was on the seven-member panel that sacked Imo State governor Emeka Ihedioha and declared that the winning candidate was Hope Uzodinma of the All Progressives Congress (APC), who originally came fourth in the election results. Ihedioha described the verdict as “unfair, unjust and does not reflect the voting that took place during the elections”.
Kekere-Ekun is expected to bring a new lease of life to the judiciary towards restoring its dignity and respect. Her tenure Kickstart on August 22 when Justice Ariwoola will bow out of office.
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