OGUN STATE INDIGENOUS BILLIONAIRES
Below are some of the Billionaires in Ogun State:
MEET OBA OTUDEKO who hails from Ijebu-Igbo, Ogun State, Nigeria
Net Worth is $575 $Million AS OF NOV., 2014
AGE: 71
SOURCE OF WEALTH: Manufacturing, Telecom, Self made
RESIDENCE: Lagos, Nigeria
STATE OF ORIGIN: Ogun
CITIZENSHIP: Nigeria
MARITAL STATUS: Married
EDUCATION: Bachelor of Arts / Science, Leeds College of Commerce
Oba Otudeko is the founder and chairman of Honeywell Group. The conglomerate's operations stretch across oil and gas, flour milling, real estate and marine transportation. Another piece of his fortune is in the oceanfront Radisson Blu in Lagos, Nigeria. Source: Forbes
MEET MIKE ADENUGA who hails from Ijebu-Igbo, Ogun State, Nigeria
Net Worth: $4.6 Billion As of November 2014
Age: 61
Source Of Wealth: Telecom, oil, Self Made
Residence: Lagos, Nigeria
State of Origin: Ogun
Citizenship: Nigeria
Marital Status:Married
Children: 7
Education: Master of Business Administration, Pace University New York
Mike Adenuga is Nigeria's second richest man, thanks to savvy investments in mobile telecom and oil production. In 2003, he founded Globacom, which now has more than 27 million subscribers in Nigeria, making it the second largest mobile phone network company in the country after South African giant MTN. Adenuga is also the founder of oil exploration firm Conoil Producing, which owns at least 3 producing oil blocks and is exploring for oil on 4 others. Adenuga made his first fortune trading lace and Coca-Cola after returning from his studies in the United States. He made key friendships with top Nigerian military personnel and earned lucrative state contracts along the way. Source: Forbes
MEET FOLA ADEOLA who hails from Abeokuta, Ogun State.
Adeola completed his secondary school education at Methodist Boys High School, Lagos. He obtained a Diploma in Accounting from Yaba College of Technology in 1975 and became a Chartered Accountant in 1980 following his training with Deloitte, Haskins and Sells and D.O. Dafinone & Company (both Chartered Accountants). Over the years he has received professional development training at notable institutions worldwide including Harvard Business School, INSEAD, and the International Institute for Management Development in Switzerland.
In 1999, he completed a one-year sabbatical at the National Institute for Policy and Strategic Studies in Kuru, Jos, Nigeria, where he carried out research on economic development and job creation policies.
In 1990, he (together with Tayo Aderinokun) established Guaranty Trust Bank, which he managed as managing director/CEO from its inception in 1990 to July 2002. The bank has since expanded beyond Nigeria to other neighboring African countries (The Gambia, Sierra Leone, Ghana and Liberia) and in United Kingdom. The bank became listed on the Nigerian Stock Exchange in 1996.
In 2002, Adeola voluntarily retired from Guaranty Trust Bank, after twelve years, handing over to his deputy, Tayo Aderinokun. Since then he has served as the chairman UTC, ARM, Lotus Capital, Eterna Oil, CardinalStone Partners Limited, Tafsan Breweries (board member), and Credit Registry Services.
He is also the chairman of Main One Cable Company Limited[4] which completed the construction of an open access submarine cable system that spanned 14,000 kilometres and provides international and internet connectivity to countries on the Atlantic Coast from Portugal to Lagos in 2010.
MEET ADEBUTU KESSINGTON who hails from Iperu-Remo,
Ogun State, Nigeria
Chief K.A. Adebutu is a very successful business man having full
ownership and investments in a number of organisations which include
Face to Face Pools, Kessington Industries, Afri-Prints Limited, and
Kessington Foundation. Jibola Adebutu is a well known and highly
respected business man, who has over the years amassed a great amount of
knowledge in Project Management and Business Development. He is the CEO
of an Oil Palm Plantation and is currently the Financial Director of
Premier Lotto Nigeria Limited.
Premier Lotto Limited (PLL) also known as Baba Ijebu is a Gaming Company
which was incorporated in 2001 and was established to carry out the
Lotto business in Nigeria. The founder and current Chief Executing
Officer of the company is Chief Kessington Adebukunola Adebutu.
He has been in the gaming business since 1963 and Lotto is not the only
game business. They have pool, casino and lots of them and the almighty
face-to-face million-dollar business.
MEET OTUNBA SUBOMI BALOGUN who hails from Ijebu-Ode, Ogun State, Nigeria.
Net Worth: $4.3 Billion As of March 2014
Age: 80
Source Of Wealth: Banking
Residence: Lagos, Nigeria
Home town: Ijebu-Ode
State of Origin: Ogun
Citizenship: Nigeria
Marital Status:Married
Education: Igbobi College, 1952 and LLB Honours, London School of Economics June 1959.
He is the Founder of FCMB Group and a trail blazer and pioneer extraordinaire in the Nigerian financial and business sector.
MEET OBA OTUDEKO who hails from Ijebu-Igbo, Ogun State, Nigeria
Net Worth is $575 $Million AS OF NOV., 2014
AGE: 71
SOURCE OF WEALTH: Manufacturing, Telecom, Self made
RESIDENCE: Lagos, Nigeria
STATE OF ORIGIN: Ogun
CITIZENSHIP: Nigeria
MARITAL STATUS: Married
EDUCATION: Bachelor of Arts / Science, Leeds College of Commerce
Oba Otudeko is the founder and chairman of Honeywell Group. The conglomerate's operations stretch across oil and gas, flour milling, real estate and marine transportation. Another piece of his fortune is in the oceanfront Radisson Blu in Lagos, Nigeria. Source: Forbes
MEET MIKE ADENUGA who hails from Ijebu-Igbo, Ogun State, Nigeria
Net Worth: $4.6 Billion As of November 2014
Age: 61
Source Of Wealth: Telecom, oil, Self Made
Residence: Lagos, Nigeria
State of Origin: Ogun
Citizenship: Nigeria
Marital Status:Married
Children: 7
Education: Master of Business Administration, Pace University New York
Mike Adenuga is Nigeria's second richest man, thanks to savvy investments in mobile telecom and oil production. In 2003, he founded Globacom, which now has more than 27 million subscribers in Nigeria, making it the second largest mobile phone network company in the country after South African giant MTN. Adenuga is also the founder of oil exploration firm Conoil Producing, which owns at least 3 producing oil blocks and is exploring for oil on 4 others. Adenuga made his first fortune trading lace and Coca-Cola after returning from his studies in the United States. He made key friendships with top Nigerian military personnel and earned lucrative state contracts along the way. Source: Forbes
MEET FOLA ADEOLA who hails from Abeokuta, Ogun State.
Adeola completed his secondary school education at Methodist Boys High School, Lagos. He obtained a Diploma in Accounting from Yaba College of Technology in 1975 and became a Chartered Accountant in 1980 following his training with Deloitte, Haskins and Sells and D.O. Dafinone & Company (both Chartered Accountants). Over the years he has received professional development training at notable institutions worldwide including Harvard Business School, INSEAD, and the International Institute for Management Development in Switzerland.
In 1999, he completed a one-year sabbatical at the National Institute for Policy and Strategic Studies in Kuru, Jos, Nigeria, where he carried out research on economic development and job creation policies.
In 1990, he (together with Tayo Aderinokun) established Guaranty Trust Bank, which he managed as managing director/CEO from its inception in 1990 to July 2002. The bank has since expanded beyond Nigeria to other neighboring African countries (The Gambia, Sierra Leone, Ghana and Liberia) and in United Kingdom. The bank became listed on the Nigerian Stock Exchange in 1996.
In 2002, Adeola voluntarily retired from Guaranty Trust Bank, after twelve years, handing over to his deputy, Tayo Aderinokun. Since then he has served as the chairman UTC, ARM, Lotus Capital, Eterna Oil, CardinalStone Partners Limited, Tafsan Breweries (board member), and Credit Registry Services.
He is also the chairman of Main One Cable Company Limited[4] which completed the construction of an open access submarine cable system that spanned 14,000 kilometres and provides international and internet connectivity to countries on the Atlantic Coast from Portugal to Lagos in 2010.
MEET ADEBUTU KESSINGTON who hails from Iperu-Remo,
Ogun State, Nigeria
![](http://1.bp.blogspot.com/-jGh6hBkmaag/VLqp0oh1DPI/AAAAAAAAAME/MavWGQHzeuw/s1600/Adebutu-Kessington.jpg)
MEET OTUNBA SUBOMI BALOGUN who hails from Ijebu-Ode, Ogun State, Nigeria.
Net Worth: $4.3 Billion As of March 2014
Age: 80
Source Of Wealth: Banking
Residence: Lagos, Nigeria
Home town: Ijebu-Ode
State of Origin: Ogun
Citizenship: Nigeria
Marital Status:Married
Education: Igbobi College, 1952 and LLB Honours, London School of Economics June 1959.
He is the Founder of FCMB Group and a trail blazer and pioneer extraordinaire in the Nigerian financial and business sector.
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