Boss Picks
The Boss Man of the Decades, Dr. Mike Adenuga Jr + The Conoil Deal That Shaped 2025
By Eric Elezuo
Love him or hate him, you can’t fault him. He is an enigma. A definition of class, humanity, intellectual discipline and entrepreneurial acumen. He is the very epitome of when the going gets tough, the tough gets going. And of course, a reference point and research material when it comes to philanthropy. Dr. Mike Adenuga doesn’t give little or give just for giving sake. He gives to sort and solve a lasting challenge. Yes, he is Dr. Michael Adenuga Jr., ‘The People’s Billionaire,’ and without introduction, the brain behind the increasingly success stories recorded at the Globacom Group, among his many other conglomerates and subsidiaries.
Known by many appellations, such as the Spirit of Africa, a rare gem, walking kindness, moon amongst the stars, owner of wealth beyond money, the mighty oak, the man with the gift of Foresight, the Bull, Pillar of sports among a whole lot more, Adenuga’s image looms large. He appears little, and achieves so much more. Hardly seen, but gracefully and consistently felt.
Adenuga qualifies for the engravement of ‘the gods have come down to us in the likeness of men’. Yes, this is because his agenda is solely centered on affecting the lives of people for the very right reasons, and that, among a plethora of many other reasons, has qualified the Duke of Giving and Enterprise to emerge as The Boss Man of the Decades.
For decades, even prior to the awesome establishment of the Glo brand, Adenuga has remained a never-say-never entrepreneur, conquering territories, breaking new grounds, establishing new vistas and reaching for new horizons. And in all, carrying along all and sundry in his gains and expansion.
Even when the business atmosphere proves cumbersome, Adenuga rises taller than usual, ensuring that dependants as well as service receivers never lack nor complain.
In 2025, among his many achievements, Adenuga exhibited one of his most prized business and entrepreneurial skills with the strategic transaction between his Conoil Producing Limited and TotalEnergies. This is one deal, whose implications stretch beyond balance sheets into Nigeria’s long-troubled oil production narrative. The humongous nature of the transaction and impetuousity associated with it have placed Nigeria on a pedestal only the likes of Adenuga can negotiate for in the oil industry. That’s how big the Bull is.
Seen as a big boost for Nigeria’s oil and gas production, the major production deal was signed in Paris, at TotalEnergies’ headquarters in La Défense, Paris, by Dr. Mike Adenuga Jr., Chairman of Conoil Producing, and Patrick Pouyanné, Chairman and CEO of TotalEnergies.
Also, in 2025, Adenuga held the most outstanding meeting with the President of France, negotiating another deal that promises extreme generosity for the Nigeria and its economic. Though the details of the deal is still close to the chest of the Chairman, its manifestation is expressing green as the ebullient colors of the Globacom Group, under the magnificent management of Mrs Bella Disu nee Adenuga.
He held similar meetings with the President of Ghana, Dr. John Mahama, earlier in the year.
In 2024, he rose from a year that has been replete with economic downturns, where several enterprises and entrepreneurs were counting their losses, and significantly raked in over United States $700 million, to shove up his fortune. A feat, only the very ready can achieve.
According to Billionaires.Africa, a news magazine that tracks the progress or otherwise of African billionaires, Adenuga, in spite of the harsh economic environment, occasioned by policy somersaults of the present administration, proved that his business acumen supercedes environmental economic variables, giving him the leverage to not only have its head above water, but to smash every available class ceiling of average.
The magazine wrote, “Amid a year marked by currency depreciation across several African nations, including Nigeria, billionaire businessman Mike Adenuga solidified his position among the continent’s wealthiest individuals and the world’s 450 richest people. Adenuga, who built his fortune in telecommunications and oil production, saw his net worth rise by $700 million in 2024, a testament to the resilience and diversification of his business empire.
“As of Jan. 1, 2024, Forbes, the U.S.-based business magazine renowned for tracking global billionaire fortunes, estimated Adenuga’s wealth at $6.1 billion. By Dec. 31, 2024, his net worth had grown to $6.8 billion, ranking him as the 448th richest person in the world. Adenuga’s wealth is anchored in his control of Globacom, Nigeria’s second-largest mobile telecommunications and digital services provider, which boasts over 60 million subscribers.”
Adenuga has proved over the decades that he is not the regular billionaire. He is of the stock that is not regulated by stock market figures, but by liquid cash. And that explains why his wealth and net worth supercedes whatever figures churned out by any institution, or any position he is placed in the billionaires’ list.
Adenuga is, for all intent and purpose, in a world and class of his own. This is because his business trajectory and personal philosophy are uniquely his, and therefore worthy of emulation.
Sitting atop one of the most cherished and subscribed network, Glo, Adenuga has not only inspired lives, and practically lifted not a few to enviable heights.
Known for his diverse investments in oil, gas, telecommunications, banking, construction, and real estate, Mike Adenuga notably shook up the African telecom sector with the launch of his telecommunications network, Globacom Limited (Glo), in August 2003.
Also referred to as The Guru, Adenuga is like the proverbial Iroko tree, who is unlike any other. In terms of humility, pedigree, magnanimity, wealth and portfolio of investments, he is one of a kind.
When the Federal Government decided to give indigenous businessmen licences in the dollar-denominated but capital-intensive upstream oil sector, Adenuga was one of those who applied.
Unlike others who sold their licences for quick money, Adenuga was vision personified, and decided to go into full scale prospecting and exploration. The gamble paid off as one of the wells that was being drilled struck oil, making his company, Consolidated Oil, the first indigenous Nigerian company to discover oil in commercial quantity. The epoch making discovery on December 24, 1991, changed many narratives.
Despite his success, Adenuga believes business must have a human face, it must add value, it must have an impact and ultimately, be socially responsible. These are some of the core values that he considers before throwing his money into any investment.
That is not all, he also firmly believes that the world is a field of battle and you must prepare to win, not some time but all the time. He’s a mountain climber like the Tibetan Monk, who believes that you must survive all odds to get to the top.
Incredible tales have been told about his amazing capacity for work. He is known to sleep very little when there is work to be done, and he expects his staff to imbibe the same work ethic. Though generous, he is said to have zero tolerance for incompetence or sloppiness. With him, one must be on their toes every time.
It is therefore, no surprise that his targeted investments and the grace of God Almighty have placed him well ahead of the authentic list of billionaires. His never-give-up spirit is well known and it is this force that has driven him to achieve feats many mortals will think are impossible.
Adenuga has no rival. He is a symbol of endurance, entrepreneurship, extraordinaire and self-made business titan, who is certainly one of the wealthiest black men in the world.
HIS EARLY LIFE
Born on April 29, 1953 to Oloye Michael Adenuga Sr and Chief (Mrs) Juliana Oyindamola Adenuga, the Yeyeoba of Ijebuland, Otun Gbadebo of Ikija and Iyalaje of Ijebu-Igbo, Dr. Mike Adenuga Jnr was not a silver spoon kid, but his parents were comfortable.
The indigene of Oru, Ijebu-Igbo, Ogun State was born and schooled in Ibadan. He attended the famous Ibadan Grammar School. He had his university education in the United States. He majored in Business administration with emphasis on Marketing.
While in school, to augment the allowance sent by his parents, he worked as a cabbie (Taxi Driver), putting in many hours of work a week. This culture of back-breaking hard work shaped him for his ambitious business adventures later in life.
HIS FAMILY
Dr. Mike Adenuga Jr is married to Mrs. Titi Adenuga (nee Adewale). She provides the comfort and stability that such an incredibly busy man requires. His children are Oyin, Babajide (Bobo), Paddy, Bella, Eniola, Bimbo, Sade and ‘Niyi Jnr. He also has grandchildren.
HIS BUSINESSES
As soon he finished his studies in the United States, Dr. Mike Adenuga Jr. returned to Nigeria. His mother was into business, and it was under her tutelage that he began trading. It is probably because of the tremendous impact that she had in his life as Business Adviser that he adored her so much. She passed on in 2005.
Dr. Adenuga Jr, who is the youngest of his parent’s five children, began by selling removable car stereos. Probably sensing his business acumen, he was allowed to run the family saw mill factory in Ogun State.
He began to steadily grow the business. First, he went into the importation of saw mill equipment, then veered into importation of beer eventually hitting it big with his importation of lace.
Recounting those early days, the businessman extraordinaire said he was returning home from a trip in the United States when he missed his British Airways flight and had to fly Swiss Air. On that flight, he was lucky to sit next to the owner of one of the biggest lace manufacturing companies in Austria.
He, it was, who convinced him before the flight touched down to give lace importation a shot. He took this advice and the reward was good. Later, he also went into tomato puree and vegetable oil. He was a sort of Jack of all trades and master of all. By the age of 26, he was already a millionaire.
As he grew older with more financial muscle, he decided to streamline his operations and look for investments in key sectors of the economy to concentrate on. That was how he began to structure the Mike Adenuga Group where he is Chairman.
When General Ibrahim Babangida decided to break the monopoly of foreigners in the oil industry and encouraged Nigerians to participate, Adenuga was one of those who took up the challenge.
His company, Consolidated Oil applied for and was granted some oil blocs. It was a very risky decision and even his mother advised him against it. He spent over $100 million on evaluation, interpretation and drilling. His courage and tenacity paid off when Consolidated Oil became the first Nigerian company to explore, discover and produce oil in large commercial quantities. Now called Conoil Producing Limited, it is currently the leading indigenous oil and gas exploration and producing company in Africa.
Years later in year 2000, he bought over the moribund National Oil and Chemicals Company (NOLCHEM), taking over the government’s majority shares. He has since injected fresh funds into the company and rechristened it Conoil Plc.
Conoil Plc has over 450 retail outlets all over the country and is the acknowledged leader of development in modern retail outlets such as mega stations and non-space pumps in new-look retail outlets. It is the market leader in aviation fuels.
Adenuga’s most ambitious project yet is in telecommunications. His company, Globacom is the Second National Operator in the country. The first is the government-owned NITEL. It is obvious that with Globacom, Adenuga is not interested in short-term profit, he is there for the long haul and of course, his desire is to give Nigerians and Africans world class telecommunication services.
When he launched the network, he was two years behind the others, Adenuga’s entry strategy was to be innovative and aggressive. He waged a price war, democratized and demystified telephone services. Today, the ultimate risk taker has taken Globacom from the nadir to the zenith of the industry.
Glo was the only operator in Africa to launch its operations on the superior 2.5G network which enabled the convergence of voice, data and multimedia technologies.
But more importantly, it launched operations on Per Second Billing, thus ensuring subscribers only pay for actual time spent on a call instead of the practice of billing customers N50 per minute even when the call cuts off at just 2 seconds. It also crashed the cost of SIM card from N30,000 to N6,999 and later N100, thereby making it possible for low income earners, students and artisans to own GSM lines today. It is now one of the most recognizable brands across the continent.
The network currently has over 60 million subscribers, and is the most preferred network in Nigeria, with a vast network of already laid fibre crisscrossing all parts of the country.
The Globacom network comprehensively covers over 400,000 communities, all the 36 states and all major highways. Globacom has highly successful subsidiary networks operating in other West African countries.
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.
Glo 1 – This is the only solely-owned high capacity submarine cable with connection to the USA and running from the UK through African and European countries. It has been and continues to be a huge commercial success at the heart of the socio-economic development of Nigeria.
It is remarkable that it is a Nigerian company that has pulled off this ambitious project. One of Adenuga’s close associates said the idea of building a submarine cable berthed when the entrepreneur went on a business trip to Paris, the French capital, sometime around 2008.
While there, he found out that telephone calls to Nigeria were epileptic unlike the connection between France and other parts of Europe. When he made enquiries about what could be done to solve the problem, he was told it was to have an international submarine cable. There and then, Dr Adenuga decided to build Glo 1, and the rest is now history. The project is a testament to the entrepreneurial spirit and foresight of ‘The Guru’.
Dr. Mike Adenuga Jr also has vast holdings in the banking, real estate and infrastructure sectors of Nigeria.
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.
HIS SUPPORT FOR SPORTS
His passion for giving is not only personal, the culture has also been imbibed by his companies especially Globacom. Through Globacom, he became the biggest supporter of football in Africa.
For so many years, the company supported the development of Nigerian sports through the sponsorship of the Nigerian Premier League and the national football teams of Nigeria when no other corporate organisation wanted to touch the assets.
Globacom spent billions of naira in developing the Nigerian league and clubs, and this culminated in Enyimba Football Club winning the prestigious Champions League twice in a row, while the Super Eagles won the Nations Cup in 2013.
In that same 2013, the company signed a N1.9 billion deal with Nigeria’s league Management Committee. The company also did same for other associations and major leagues in Africa.
Dr. Mike Adenuga Jr. also started a football revolution with the sponsorship and transformation of the yearly Glo/CAF Footballer of the Year Awards. He is the undisputed pillar of sports in Africa.
HIS GIANT STRIDES IN CULTURE AND CREATIVE INDUSTRY
Nigeria’s entertainment industry has also received a massive boost through Adenuga’s love for the arts expressed through Globacom.
No company in the nation’s private sector in the last two decades, has consistently invested largely in Nigeria’s entertainment industry like Globacom Limited.
Adenuga’s vision is reflected in Glo’s youth-driven ecosystem. There is no strata of Nigeria’s entertainment industry that you will not find the signature of Glo on it: from music to acting to comedy to sports, etcetera, the list is long.
Glo has come to be regarded as a network of stars. No corporate organization has had the kind of constellation of entertainment heavyweights as it brand ambassadors as Globacom. All through the years, the cream of the country’s musicians, footballers, literary icons, actors, actresses and comedians have either be signed on as brand ambassadors or featured in the company’s commercials.
Some celebrities who have graced Glo’s Hall of Fame include: King Sunny Ade, Ebenezer Obey, Osita Osadebe, Oliver d’ Coque, Prof Wale Soyinka, Yusuf Maitama Sule, Nelly Uchendu, Onyeka Onwenu, D’Banj, MI Abaga, PSquare.
Others are Rita Dominic, Ini Edo, Juliet Ibrahim, Matter Ankomah, Davido, Wizkid, Flavour, Gordons, Basketmouth, I go Dye, Teniola, Brother Shaggi, Mikel Obi, Victor Moses, Osaze Odemwingie, Joselyn Dumas, Michael Essien, Anthony Joshua, Tobi Amusan, Ime Bishop Okon, Asake, Chike, Kizz Daniel and a host of others.
While the commercials that featured these stars helped to market the Glo brand and make it a household name, the partnership benefited these celebrities very well as it served as strategic public relations for their individual brands and its attendant financial gains.
So far, no corporate organization has touched the lives of these celebrities like Glo. The advent of Glo has really been a blessing to celebrities in the industry and beyond. The most interesting factor is that Glo is still in the business of investing in the industry despite excruciating economic realities in the country.
This explains Glo’s humongous investments in talent hunt shows in the last eighteen years. It has sponsored shows like: Rock ‘n’ Rule, GloNaiga Sings, Laffta Fest, and the world number one music singing talent reality TV show, X Factor, which birthed in Africa for the first time in 2013.
Others are Slide and Bounce concert, an entertainment tour which went round all the geopolitical zones of the country as well as Glo Mega Music Show and Glo’s Battle of the Year, which gave the winners a life-changing N9 million prize money, a Toyota Hiace bus valued at N25 million and other prizes.
Glo has also been in the forefront of showing the celebrities in the CNN Glo-Sponsored African Voices Change makers.A host of African talents have featured in the international programme.
Similarly, the nation’s art and culture have also been positively touched by Globacom. From Ojude Oba in Ijebu-Ode, Ofala in Onitsha, Lisabi in Abeokuta, Imeori in Abiriba, Oru – Owerri in Imo state, Afia- Orlu in Nnewi, Anambra State and Abia –Ugwa in Isiala Ngwa, Abia State, among others. The company has through sponsoring the festivals not only brought them to international limelight, but has also turned the host cities into major tourist attractions.
HIS PASSION FOR PHILANTHROPY
He is without doubt, the most generous Nigerian alive. He gives ceaselessly and carelessly. He is an angel of mercy; giving is living for him. One cannot help but open mouth wide whenever they open his philanthropic envelope
Describing Adenuga’s large heart in an article, The Boss Newspaper Publisher, Dele Momodu, wrote “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.
“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,” he wrote.
Adenuga’s former close aide, Bode Opesietan also stated “Dr Adenuga’s generosity is legendary. He gives personal rewards like no other billionaire. If God has given you this kind of resources, it is not for you and your family alone” he would say”.
Also during the peak of the COVID-19 pandemic, Adenuga was 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.
According to Adenuga “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 his friends”.
There is nothing more to add. When it comes to philanthropy, Adenuga is in a class of his own! Indeed generosity is in his DNA!
HIS PHILOSOPHY OF LIFE
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.
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 in politics 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, and does not like attracting unnecessary attention to himself or his business.
Among many of his pluses, Adenuga is sagacious, methodical man, and rewards excellence. He does not suffer fools gladly. Most of his offices around the world are open 24 hours.
HIS LIFE STYLE
You can call him an enigma and you will not be wrong. He is a very shy gentleman, a trait that many mistake for arrogance. Before Globacom, Dr Adenuga Jnr was one of Nigeria’s silent billionaires. He was making his money without fanfare. Then came Glo, and he became one of the most recognizable Nigerians alive.
Till date, he hardly attends public functions and even if he does he sneaks in without any fuss and leaves even before the Master of Ceremony recognizes his presence. He has said to as many that care to listen that he orders to live under the parapet.
Despite this elusive persona, those who have met him can attest to his ebullient nature. He is one man who catches his fun when he is in the mood. He has very fine and elegant taste. A connoisseur through and through.
Contrary to what many think, he still finds time to unwind most times only in the company of his inner circle of friends and family.
Dr. Adenuga is neither ostentatious or extravagant in his style and dress. For him moderation is the value of life. In the early days, it was obvious he loved safari suits, but these days nice flowing shirts which mostly have his personal crest emblazoned on them are the norm.
Of course like all billionaires, he loves powerful cars, nothing over the top or attention-seeking. And as per flying, he has the accoutrement that fits his jet set, super executive lifestyle, which means he has long forgotten what it looks like to fly commercial.
HIS LOVE FOR FRANCE
Dr. Mike Adenuga has always had a great affection for France, and had long established a cordial relationship with the nation between the recent President Bola Tinubu incursion into French territory. He often visits the country, where he also owns property, and has maintained a productive and valuable relationship with French interests.
It was out of this desire, love and affection for France that he ardently supported the development of Alliance Française in Lagos, in the wish to see that its activities, efforts and initiatives could be enhanced, and its reach and appeal increased.
The brand new, ultra-modern Mike Adenuga Centre was unveiled by French President, Emmanuel Macron in 2019.
It is for this great act and his humongous investments that the French president deemed it fit to bestow on him the country’s highest national honour.
HIS HONOURS ROLL
For his contribution to economies and communities across the globe, Dr. Mike Adenuga has been appreciated with so many awards, traditional titles and honours. The most prominent are the national honours from Nigeria, Ghana and France.
In Nigeria, he holds the highest civilian honour of Grand Commander of the Order of the Niger (GCON), this honour was hitherto reserved for mostly vice presidents.
In Ghana, he was awarded the highest civilian honour of Companion of the Star of Ghana (CSG). According to then 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, artistes, footballers and many more. I am particularly proud of you. This award is our way of a saying a simple thank you.”
The entrepreneur extraordinaire was also decorated with the Chavalier de la Legion d Honnuer (CdrLH), the highest National honour of France, by French President, Emmanuel Macron.
Explaining why the French Government decided to confer the honour on Adenuga, President Macron, who described the consummate businessman as a true model of Africa, noted that he had contributed immensely to the African and French economy.
Adenuga is an impressive African treasure, business phenomenon and this generation’s Mr. Consistency, and so deserves the very best of toasts.
Congratulations sir!
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!
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
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
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.
“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!
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
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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