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Wednesday, 9 September 2015
NIGERIA'S NEW MULTI-BILLIONAIRES.
It is said that fortune is owned by the bold and not for the faint hearted.Such is the character of the Nigerian Billionaire.In a country of over 170 million people, it is no small feat to have garnered enough resources to earn you a place in the top percentile of the population, where less than 5 % of people control over 70% of wealth in Nigeria.
Such has been the gift providence bestowed upon a few of those mostly close to the corridor of power and granted the access to the "Treasure pot".We shall discuss today some of the names you may never have heard of except Kola Aluko who became famous during the days of the last regime and openly known to have "rocked" super model Naomi Campbell severally.He lives extravagantly, with his jet said to be guarded by support fighters according to friends in the know. Enter the world of the Multi Billionaires...
Kola Aluko, a Nigerian energy and aviation tycoon, founded oil trading firm Fossil Resources in 2001, then went on to become CEO of Exoro Energy- an indigenous oil exploration and production firm. In 2007, the company merged with Seven Energy, a leading independent oil exploration company. Aluko is now Deputy CEO and a leading shareholder of Seven Energy, which has operations and key interests in four onshore fields in the Niger Delta. Aluko is also a member of the advisory board of Vista Jet, a Swiss-based private jet charter company founded by Thomas Flohr. A passionate car racing enthusiast, Aluko has competed in major European races with the Swiss team Kessel racing. In June 2012, Kola Aluko was reported to have purchased two luxury ultra-modern estates in Beverly Hills for $40 million.
Eddy Martins Egwuenu
Source: Banking
A former bank chief, Egwuenu is the second largest individual shareholder of the Zenith Bank Group. His 1.5% stake in Zenith Bank alone is worth about $60 million.
Jide Omokore
Source: Steel, Oil, Dredging
Omokore is the chairman and founder of Energy Resources Group, one of Nigeria’s largest privately-held conglomerates. ERG has interests in oil trading and exploration, haulage services, steel, dredging engineering and property development. The group’s annual revenue exceeds $400 million.
ABC Orjiakor
Source: Oil
The trained orthopedic and trauma surgeon might have thrived due to his formidable connections with Nigerian military bigwigs such as former President Ibrahim Babangida, but ABC Orjiakor is a successful businessman on all parameters. One of Nigeria’s wealthiest men, Orjiakor is the Chairman and CEO of Shebah E&P Company Limited, an oil exploration firm which has a 40% stake in the offshore block OML 108 which produces over 8,000 barrels per day. Orjiakor is also chairman of Zebbra Energy Limited which owns the deepwater concession OPL 248 offshore Nigeria.
Nigerian multibillionaire Sam Iwuajoku
Nigerian Sam Iwuajoku
Sam Iwuajoku
Source: Commodities, Aviation services
Iwuajoku made his fortune importing rice and steel rods, while leveraging his extensive political connections to obtain a series of generous import duty waivers from the Nigerian government. Among other ventures, he reinvested in private aviation services. His company, Quits Aviation services is one of the few fixed-base operators in the country. Quits Aviation Services owns a large maintenance hangar at the Murtala Muhammed International airport in Lagos and a jet charter service.
TO BE CONTINUED......
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2 comments:
Will love to read the conclusion ......
The series will continue next Wednesday evening, watch out.....
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