Visionary CEOs who shaped Nigeria’s economy in 2024 (1)

Prince Nnamdi Ekeh Driving Konga To Boost e-Commerce, Grow Businesses

PRINCE NNAMDI EKEH is a visionary and accomplished business executive. He has been the Group CEO of Konga Online Nigeria Limited—Nigeria’s leading online marketplace—since October 2022. Joining Konga in May 2018 as Group Co-CEO, he has driven his over 1,000 team members to take the company to a level of profitability after years of significant losses.

Before joining Konga, Ekeh was the Founder/CEO of Yudala Limited, Nigeria’s first omni-channel retailer, which captured a significant market share within its first year of operation. His leadership facilitated the strategic merger of Yudala and Konga, creating a powerhouse in Nigeria’s e-commerce industry.

Deeply committed to community development, Ekeh has demonstrated this through his work with the Leo-Stan Ekeh Foundation, which has positively impacted over 250,000 people in the eastern part of Nigeria.

Ekeh’s contributions to Nigeria’s e-commerce space have earned him numerous recognitions and awards. In December 2024, he won ThisDay Newspapers’ Young Global Leaders of Commemoration Award. He was featured in the March 2022 edition of Forbes Africa Magazine and was also included in the Top 100 Most Influential People of African Descent (MIPAD) list. Furthermore, he won the Disruptive Youth Entrepreneur of the Year award at the Titans of Tech Awards in 2017.

In a recent interview with Cyril Anyika Jnr, Ekeh shared his relentless drive to position Konga as the go-to platform for e-commerce in Nigeria. He emphasized the company’s commitment to innovation, customer satisfaction, and fostering a thriving digital economy. With his extensive experience in business development, strategic planning, and operations, Ekeh is passionate about strengthening the tech ecosystem and empowering future founders.

Konga has grown into one of Nigeria’s biggest e-commerce and fintech giants under your leadership. What is been your driving force in steering the company to its present level?
It is a mixture of vision, resilience and an obsession to solve problems. Nigeria is a complex market— full of opportunities, but not without its fair share of hurdles. My job has been to ensure that Konga remains a trusted brand that delivers value, whether through e-commerce, digital payments or through logistics. We had to be bold, challenge the status quo and quickly adapt to market realities. Above all, it is the people — our team, our customers and our partners — who keep pushing us forward.

How has Konga stayed afloat in the nation’s economic headwinds?
Tough times demand smart decisions. Inflation and forex fluctuations are beyond our control, but what we can control is how we respond.
On efficiency, we optimised our operations to keep costs low without compromising service quality. On innovation, we strengthened KongaPay, expanded our logistics network, and introduced solutions that help businesses and consumers navigate these challenges. On customer-centricity, we ensured that every naira spent on our platform stretched further, giving shoppers the best deals and businesses the best payment tools.
Nigeria’s economy is unpredictable, but our job is to stay ahead of the curve.

KongaPay has become a major player in the digital payment space. With Nigeria pushing for a cashless economy, where do you see the future of fintech, and how would KongaPay fit into the vision?
The future of fintech in Nigeria is merchant-driven, borderless and deeply integrated into everyday commerce. It is no longer just about digitising payments; it is about empowering businesses — whether SMEs, large enterprises, or international traders — to scale seamlessly.
KongaPay is built around this vision. We have evolved beyond a wallet solution into a comprehensive payment ecosystem that enables businesses to grow. Our focus is clear: making payments seamless for merchants. This is how it works:
For POS services: we provide businesses with reliable POS terminals that don’t just process payments but also offer value-added services like airtime top-ups and bill payments.
For Loans and Credit Facilities: we understand that access to capital is a major challenge, so we are building financial products that allow merchants to access short-term credit for business expansion.
For Cross-border Payments: with more Nigerian businesses trading internationally, KongaPay facilitates fast and affordable cross-border transactions, removing friction in receiving and sending funds.
For Payment Links and Gateway Services: whether it is a small vendor on Instagram or a large online retailer, we offer easy-to-use payment links and gateway integrations, ensuring businesses get paid effortlessly.
As Nigeria accelerates its cashless agenda, KongaPay is positioning itself as the go-to fintech partner for merchants, helping them thrive in an increasingly digital economy. The goal is simple; if you sell, KongaPay ensures you get paid — fast, securely and without hassle.

What makes KongaPay different from other players in the market, and how do you keep your brand on top of its game?
We do not just sell products — we build trust. E-commerce is a marathon and not a sprint. Konga stands out because we focus on reliability, affordability, and excellence in service.
What gives us the edge?
We have Omnichannel Strength, unlike many players. We combine online convenience with physical store presence, offering customers multiple ways to shop. We have Fintech and Logistics Synergy, KongaPay and our in-house delivery network mean that payments and fulfilment are seamless.
With our Customer-first Approach, we listen, adapt and deliver. Nigerians want affordability, speed and authenticity — we make sure they get them.
At Konga, we do not just chase market share; we create lasting relationships with our customers, which is our real competitive advantage.

Nigerian shoppers are evolving, becoming more tech-savvy, more demanding and more conscious of value. How is Konga meeting these consumers’ behaviours or expectations?
Nigerians are among the smartest shoppers in the world. They compare, negotiate and expect value for money and rightly so. To meet their expectations, we have to double down on three things:
Affordability: we have secured better supplier deals and improved our pricing strategy. We also partner with top global Original Equipment Manufacturers (OEM’s) including Starlink, HP, Itec, Samsung, Apple and many more to ensure our customers always get the best product at the best price.
Secondly, we have a faster delivery system. Our logistics network ensures that customers get whatever they need when they need them.
The third is our Smarter Shopping Experience. From AI-driven recommendations to better payment options via KongaPay, we are making shopping more seamless.
Today’s consumers want convenience, speed, and trust. Our job is to give them all three.

As a young and dynamic CEO, you have built a culture of innovation and excellence within Konga. What is your leadership style and how do you motive or inspire your team?
I lead with clarity, accountability and a bit of fun. I believe in setting clear vision, empowering people to take ownership, and ensuring that we celebrate the wins — big or small. Konga thrives on a culture of bold thinking and fast execution. I encourage my team to question the norm, experiment and push boundaries. We fail fast, learn faster, and move forward stronger. At the end of the day, leadership is about people. If your team is motivated, innovation becomes second nature and excellence becomes the standard.

Looking ahead, what is next for Konga? What is the big vision and how do you want your leadership to be remembered in shaping Nigeria’s digital economy?
The big vision! To make Konga the heartbeat of Nigeria’s digital economy. We are not just in e-commerce and fintech. We are in the business of empowering businesses and consumers through technology. From expanding our payments infrastructure to strengthening our logistics network and scaling financial services, Konga is building an ecosystem that simplifies commerce and finance for millions.
As for my legacy, I want to be remembered as a leader who made digital transactions in Nigeria effortless, secure and accessible to all. If years from now, people say, ‘Konga changed the way Nigerians shop, pay and grow businesses,’ then I would say we did something right.

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Why Hurlag Technologies Ltd is clear leader in FMCG industry –Prof Olagunju

Holding a dominant 68 per cent market share in the Fast-Moving Consumer Goods (FMCG) industry, Hurlag Technologies Limited is, unarguably, a clear leader in the industry.

The remarkable achievement in such a competitive landscape is traceable to a number of factors, chief among which is leadership. In fact, the achievement begins and ends, largely, with astute leadership.
Hurlag Technologies Limited is led by Prof Olagunju Olasoji Raphael. (PhD, FNSE, FNIM, FICA, FCP).

As the Managing Director/Chief Executive Officer of the company, Prof Olagunju is leading Hurlag Technologies Limited, an industrial engineering company with international operations across the sub-Saharan African economy.

He is a multi-functional professional with three decades of extensive local and international experience in the industrial engineering field with rich practical experience in the oil & gas sector as well as the manufacturing sector.

He is a passionate team lead, who has achieved great feats in the engineering sector as he provides strategic leadership for a myriad of cross-functional engineering teams within and outside Nigeria.

As the CEO of the prestigious Hurlag Technologies Limited, his philanthropic gesture has positively affected the lives of well over 5,000 people nationwide, ensuring provision of basic amenities for these individuals, a feat, worthy of appreciation.
He earned his PhD in Production Engineering from the Federal University of Technology, Akure. He is an alumnus of Harvard Business School, where he had a programme in Owner/President Management – OPM 44. He is a Fellow, Nigerian Society of Engineers (FNSE); Fellow, Nigerian Society of Mechanical Engineers (FNIMechE); Fellow, Nigerian Institute of Management (FNIM); Fellow, Institute of Credit Administration (FICA); and Fellow, Centre for Public Service Productivity and Development (FCP).

He is also Member, Council for the Regulation of Engineering in Nigeria (COREN); Member, American Society of Mechanical Engineers (ASME); Member, American Society of Heating, Refrigerating and Air Conditioning Engineering (ASHRAE); and Member, National Fire Protection Association (NFPA)
Olagunju is a promoter of engineering knowledge, a bridge builder, a mentor, a teacher, and a professional par excellence, which is evident in his drive and passion for success.

He is known for his innovative, bespoke and best-in-class results for all projects he has embarked on with notable records of success in FMCGs all over Nigeria, such as Nigeria Bottling Company, International Brewery, Nigerian Brewery, Guinness, Nestle, Promasidor, Lacasera, Olam Nigeria, Rite Foods etc.. and world-class project deliveries in Sub-Saharan African countries such as Ghana, Zambia, Mozambique, Sierra-Leone, Tanzania, Cape Verde, and Guinea, to mention a few.

He is a multiple award winner and recognitions, some of which are: “Recognition Award” by Rotary Club of Ota, 2020; Award of Excellence by “Africa Best Rated Engineer of the Year” PUJA, 2021; “Lagos State Man of the Year” Runner Up 2022; “Award of Recognition” Omole Phase 1, 2021 & 2023; “Recognition Award”, Lagos Bangiyo Parishad, 2023.

Prof Olagunju stated in an interview with Cyril Anyika Jr that several factors combined…. with his leadership to make Hurlag Technologies Limited a clear leader in the FMCG industry. Below is the interview:

Hurlag Technologies Limited holds a dominant 68 per cent market share in the Fast-Moving Consumer Goods (FMCG) industry, which is a remarkable achievement in such a competitive landscape. What core business strategies and operational efficiencies have propelled this sustained market leadership?
Hurlag builds its management philosophy on responsibility and mutual respect, fostering an environment that drives creativity, teamwork, and achievement.
As we strive to lead the engineering and construction industry, we prioritise delivering superior client-focused services that set us apart.

We attract and empower highly-motivated individuals, who thrive on a team-driven culture, take ownership, embrace responsibility, and push boundaries through strategic risk-taking and discipline.

By cultivating an action-oriented workplace, we set ambitious, yet achievable goals that drive continuous growth. Our commitment to excellence enables us to offer competitive compensation and innovative rewards, reinforcing our leadership in the global market.

Through continuous talent development and cutting-edge technology, we deliver world-class engineering solutions, while upholding the highest safety standards to consistently exceed client expectations.

At Hurlag, we embody excellence, drive innovation, and foster mutual respect by valuing every team member’s contribution. We instil job ownership, ensuring accountability and commitment to success while maintaining a strong customer focus towards going beyond expectations.

With unwavering integrity, we make ethical decisions and, through teamwork, we fuel collaboration, progress and industry leadership.

Your company specialises in a wide range of engineering solutions, including mechanical and electrical installations, as well as industrial engineering services.

How does Hurlag Technologies integrate these diverse capabilities to deliver end-to-end, value-driven solutions for its clients? Can you provide specific examples of successful projects that demonstrate this integration?
Hurlag has a pool of certified engineers, who are specialists in various aspects of engineering, like mechanical, electrical, structural and civil (on consultancy basis). With these specialised engineers, Hurlag is able to take on multi-faceted engineering projects. Example is the installation of the ultramodern flex films on Shagamu-Ibadan road, where Hurlag did the 100 per cent mechanical, electrical and instrumentation installation. We also have so many Krones installations that involve mechanical and electricals, using Hurlag-owned expatriates fully under its payroll.

Given the critical importance of safety and compliance in engineering and industrial projects, how does Hurlag Technologies enforce a zero-tolerance policy regarding safety violations while maintaining productivity and adhering to project timelines? How do you measure the effectiveness of these safety policies and their impact on productivity?
At Hurlag, we prioritise safety, enforcing a strict zero-tolerance policy to maintain incident-free workplaces and ensure optimal productivity.

As an ISO 45001:2018-certified company by SGS, we live by the rules and integrate safety into everything we do. Our unwavering commitment to safety has become a key selling point, earning the trust of clients, who value high-level safety standards in their operations. Our safety policy applies to everyone (employees, contractors and stakeholders) and it is built on four core commitments namely:
One, we prevent workplace injuries and accidents.
Two, we encourage worker consultation and participation.
Three, we comply with all legal and regulatory requirements; and
Four, we continually improve our management systems.

To uphold these standards, our NEBOSH-certified safety marshals ensure compliance across all sites, reinforcing our reputation for top-tier safety practices.

We communicate clearly, provide regular HSE training, and conduct ongoing risk assessments to proactively eliminate hazards.

Our incident reporting system promotes transparency, accountability, and swift corrective action. Our leadership leads by example, ensuring timely PPE provision, policy updates, and continuous engagement.

By collaborating across teams and stakeholders, working closely with contractors and suppliers, and conducting regular safety audits, we strengthen our culture of safety and compliance.

At Hurlag, safety isn’t just a policy, it’s our competitive advantage. We preach it, we live it, and we lead by it

Engineering solutions in the FMCG sector require precision, efficiency and scalability. How has Hurlag Technologies optimised its project management frameworks, fabrication methodologies and installation processes to address the evolving demands of the industry?
We invest heavily in training our engineers and technicians, ensuring they stay at the forefront of industry standards. We procure high-precision tools and equipment to enhance our operations, while our highly skilled design team drives efficiency and innovation. With these commitments, we consistently deliver effective and high-quality services to our clients.

The adoption of advanced technology is redefining industrial engineering. How is Hurlag Technologies leveraging innovations in conceptual design, simulation, automation, and digital modelling to enhance service delivery and improve project execution? What future technologies or innovations are you specifically looking to implement to further enhance service delivery?
As previously mentioned, our robust design department stays ahead by continuously training in the latest technology trends. We invest in advanced software to enhance collaborative designs, simulations and automation based on project requirements. Our high-performance workstations are specifically designed for complex design processes, setting us apart from other engineering firms and reinforcing our reputation for precision and innovation.

What methodologies and engagement models does the company employ to build strong client relationships to consistently exceed industry benchmarks in service excellence?

At Hurlag, we conduct continual SWOT analyses to leverage our Strengths, improve on Weaknesses, seize new Opportunities, and mitigate potential Threats to our operations. We actively gather client feedback to identify areas for improvement, ensuring we consistently enhance our services. This aligns with our quality policy, which states: “Hurlag shall meet and exceed customer’s satisfaction at all times.”

As the engineering landscape evolves, what strategic initiatives, expansions or technological advancements are on the horizon for Hurlag Technologies to further consolidate its leadership and drive future industry transformation?
We invest in our people, equipping them with cutting-edge machinery, advanced technology and leadership training for our management team. We continuously expand our operational workshop to handle high volumes of work efficiently. Above all, we remain committed to delivering top-quality solutions while upholding the highest safety standards in every aspect of our operations.

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ThankGod Egbe: Driving CypherCrescent, Triple Helix, To Raise Research, Groom Scientists

ThankGod Egbe serves as the Technical Director and CEO of CypherCrescent Nigeria Limited, harnessing his over twenty years of experience in petroleum engineering, applied mathematics, and software development. He also serves as the National Vice President (Innovation) of Triple Helix Nigeria, a research and innovation-centric ecosystem that leverages collaborations among industry, government, and academia to drive innovation and entrepreneurship in Nigeria.

Prior to joining CypherCrescent, Egbe worked with Shell as a senior reservoir engineer and a global subject matter expert in Integrated Production System Modelling (IPSM). His career has taken him to over fifteen countries, where he trained, supported, and implemented IPSM practices.
Outside the boardroom, Egbe is the author of Visual Basic 6.0 for Engineers and Scientists, published in 2003, and co-author of Fundamentals of Science and Engineering Simulations Using Godot Engine. Both books are currently utilised in Nigerian universities.

For his ingenuity in business and technology, The Guardian recognised him in 2019 as one of Nigeria’s Top 100 Innovative CEOs. In an exclusive interview with Cyril Anyika Jnr, he reveals everything, sharing insights and experiences that provide a deep understanding of his journey and perspectives.

CypherCrescent has become a leading company in data analytics and digital transformation in the oil and gas sector. How did you achieve this great height?
CypherCrescent was founded in March 2012 with a clear vision to revolutionise asset management operations in the oil and gas sector by developing cutting-edge solutions to enhance efficiency, increase production, improve safety, and boost profitability. The journey began with a focus on creating fit-for-purpose solutions to address specific industry challenges through intensive research and innovation. Our solutions are adaptable and designed to address issues involving E&P operational efficiencies, integrated production forecasting, cost efficiency, drilling and well intervention operations sequence optimisation, data and process silos, as well as safety.

Defining moments in CypherCrescent’s journey include the successful implementation of WRFM digitalisation projects, the development and deployment of enterprise IT solutions, and the co-creation and implementation of digital capacity upskilling strategies for clients. Our commitment to innovation, built around the Penta Helix Ecosystem operational model, has been our key driver.

How is AI, machine learning, and data analytics helping your organisation to drive efficiency in the oil and gas sector?
As an energy technology company, CypherCrescent has been a prominent player in the digital evolution of the energy industry, providing digital solutions to address specific problems for clients. This is primarily because our solutions are a fusion of extensive field experience, proficiency in advanced computing, and expertise in applied mathematics. We invest significantly in continuous research and leverage the power of AI, machine learning, deep learning, cloud computing, analytics, blockchain, quantum computing, and IoT, among others, to deliver remarkable value to clients.

This approach has inspired partnerships with international oil companies (IOCs), independent operators, and national oil companies (NOCs) to optimise operations. For example, our advanced data analytics solutions have significantly improved predictive maintenance processes, resulting in reduced downtimes and optimised production output. By harnessing and integrating cutting-edge technologies in our solution development and implementation value chain, CypherCrescent continues to reshape the industry’s best practices and add value to clients’ operations.

With current economic challenges, how is CypherCrescent weathering the storm?
Operating in a dynamic environment with attendant challenges, from inception, we identified ‘grit’ as a core value for sustainability. This value is prioritised in our talent recruitment, retention, and reward systems. Another crucial pillar of our culture of excellence is continuous innovation. This enables us to develop solutions that are suitable for present and future needs.

We recognised that sustaining this strategy could be capital intensive. Therefore, we have adopted the Penta Helix Ecosystem model which allows us to create strategic partnerships with carefully selected companies to deliver superior value to our clients. These have helped us to navigate business uncertainties and build resilience to mitigate operational and market risks.

Furthermore, we are extending our services to other African markets, aiming to apply our vast digital transformation expertise to boost corporate innovation in the continent.

How is CypherCrescent investing in local talents to develop the next generation of professionals in this field?
CypherCrescent is deeply committed to developing local talents and expertise across Africa. Since its inception, we have been focusing on practical, industry-driven internship programmes for young and prospective professionals. Over the years, we have donated key technologies to tertiary institutions across Nigeria. To enhance access, we entered a partnership with the Committee of Heads of Petroleum Engineering Departments (CHPED) in Nigeria with the aim to update curriculums and align them with global industry requirements to develop top-quality professionals.

Collaborations with crucial industry stakeholders like the Society of Petroleum Engineers (SPE), have helped in fostering pragmatic peer reviews and knowledge exchange to enhance workforce competencies. Also, working with the Nigerian Content Development and Monitoring Board (NCDMB), we have provided customised digital technologies to institutions of higher learning and trained students and lecturers to solve industry problems. These programmes are integrated into school curriculums for sustainability.

We also deliver targeted and specialised skill development projects to our clients and aspiring professionals in the tech and energy sector within and outside Nigeria through our Learning and Venture Development Division.

In addition, our Corporate Social Responsibility (CSR) projects conventionally focus on mentoring future engineers, scientists, and applied mathematicians, equipping them with digital skills essential for industry success. We synergise with industry professionals, government, and academia to drive the Triple Helix initiative, commercialising research to make Nigeria’s economy technology-driven.

What are your future plans for the country?
Looking ahead, we are enthusiastic about our exciting growth plans. In addition to our portfolio of innovative solutions with resounding industry track records, we are at various advanced stages in some ongoing AI driven research projects with vivid promises to be disruptive industry. Furthermore, we are working on new strategic partnerships that would consolidate and expand our footprints in Africa. We will continue to invest in research and innovation—to help our clients enhance operational efficiencies, improve safety, and optimise team collaboration to achieve sustainable profitability. Our stakeholders can expect to see the launch of more pioneering value-adding solutions in the coming years.

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Chinwe Uzoho Driving Fintech Across African Borders To Boost Businesses, Economy

Chinwe Uzoho is the Regional Managing Director, Network International. With over 30 years of experience in fintech and retail banking across the West and Central Africa sub-regions, she is seriously driving the digitalisation of African economy to boost business across the continent. In this chat with Cyril Anyika Jnr, she unveils her challenges and strategies to overcome them.

With your background in fintech and retail banking, how are you navigating the changing financial landscape in the West and Central Africa sub-regions?
Navigating the dynamic financial landscape of the West and Central Africa sub-regions requires adaptability, innovation and a keen understanding of the market. My leadership approach is centred around fostering agility, leveraging technology and driving financial inclusion. Throughout my career, I have championed digital transformation, leading initiatives that simplify payments, expand financial access, and enhance customer experiences.

My leadership journey has been shaped by resilience, adaptability and a passion for driving financial inclusion. Inspired by my late father’s career in banking, I pursued a path that allowed me to transform traditional financial services into innovative digital solutions. Having worked across investment banking, retail banking, and now fintech, I have embraced continuous learning and strategic innovation to stay ahead of others. As a leader, I am very intentional and dynamic, so that, I can create an environment that enables growth and transparency.

One of my strategies is to foster innovation, build resilience, empower the team, and cultivate a culture of continuous learning and strategic partnerships. At Network International, we recognise that the future of fintech in Africa is digital. My focus has been on building scalable and secure payment solutions that empower businesses and individuals alike. By fostering collaboration among banks, fintech and regulatory bodies, with this, we are accelerating economic growth and ensuring that financial systems remain resilient and inclusive.

Having led digital transformation efforts in banking and fintech, what innovations have had the greatest impact on your career and how do you keep yourself ahead of the curve?
Innovation is the heartbeat of the fintech industry and I have always sought to push boundaries. One of the most impactful transformations I led was the development of instant digital lending solutions, eliminating long approval times and expanding access to credit. To stay ahead, I prioritise industry research, upskilling and mentorship. I believe that true leadership in fintech requires not only technical expertise but also the ability to anticipate change and embrace emerging technology.

Expanding businesses across different African markets could be challenging, how can you overcome these challenges?
Africa’s financial landscape is diverse, and expanding operations across multiple markets presents regulatory, infrastructural and operational hurdles. One of my biggest challenges has been ensuring that digital payment systems are adaptable, yet compliant with varying regulatory environments. I have overcome these challenges by fostering strong partnerships, engaging in proactive dialogue with regulators, and adopting an inclusive leadership style that values cultural and market-specific nuances. Resilience and strategic problem-solving have been crucial in successfully driving Network International’s regional growth.

As a strong supporter of women in fintech and leadership, how do you think organisations can empower more women to take leadership roles?
Earlier in my career, I believed I had to be a “superwoman” to succeed until I realised that leadership is not about perfection, but about confidence, self-awareness and strategic positioning. The finance industry has traditionally been male-dominated, but this narrative is changing; thanks to women who have continued to break barriers. I am deeply committed to mentorship and sponsorship, recognising that women need strong networks to thrive. I actively support initiatives that create opportunities for female professionals in fintech, advocating for interviews from The Guardian Newspapers to ensure that women are not just included, but also empowered. Organisations must go beyond diversity statements and actively invest in leadership development programmes, equal pay structures and mentorship pipelines to support women in finance. At Network International, I mentor young women, helping them navigate industry challenges with confidence and resilience.

Looking back, what legacy do you hope to leave in the fintech and financial sector? And what are your next steps, as a leader, to shape Africa’s digital economy?
Looking ahead, my goal is to leave a lasting impact on Africa’s financial sector by championing digital transformation, financial inclusion and leadership excellence. I want to see a future where financial services are accessible to everyone, where technology empowers, rather than excludes, and where more women rise to leadership roles in fintech. Beyond business growth, I remain committed to fostering an ecosystem of innovation, collaboration, and mentorship — ensuring that Africa’s digital economy is built on strong, inclusive foundations. I am honoured to be recognised among the top 100 iconic CEOs and remain dedicated to driving meaningful change in Africa’s financial landscape.

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Michael Onuoha: A Visionary CEO Shaping Nigeria’s Economic Landscape

Chief Dr. Michael Onuoha is a renowned entrepreneur, oil magnate, and business leader of international stature, hailing from Imo State, Nigeria. His humility and kindness, despite his immense wealth and success, have earned him respect and admiration from his peers and community.

As the Chairman and CEO of Ailes Group, a multi-billion Naira conglomerate, Dr. Onuoha has demonstrated exceptional business acumen, driving the company’s growth and expansion into various sectors, including oil and gas, real estate, construction, and more. His leadership has propelled Ailes Group to the forefront of Nigeria’s economic landscape, with strategic partnerships spanning the globe.

Dr. Onuoha’s academic background in applied sciences, complemented by advanced training in various technical fields, has equipped him with the expertise to navigate the complexities of modern business. His vision for Ailes Group is to serve as a catalyst for sustainable industrialization, leveraging cutting-edge solutions to create lasting value for clients, society, and the economy.

Throughout his career, Dr. Onuoha has demonstrated resilience and adaptability, overcoming challenges and embracing opportunities for growth. His leadership philosophy, which emphasizes maintaining a clear vision, fostering strong teams, and embracing challenges, has inspired numerous young entrepreneurs and business leaders.

Ailes Group’s expansive portfolio, comprising subsidiaries such as FOSL Upstream Limited, Ailes Energies Limited, and Infra-Ailes Construction Limited, underscores Dr. Onuoha’s ability to identify opportunities, drive innovation, and deliver value across multiple industries.

A Visionary Leader With A Global Perspective
Chief Dr. Michael Onuoha’s academic background in Applied Science, complemented by advanced training in PL-SQL, Oracle DBA, Golden Gate, and RAC DBA, has equipped him with the technical expertise to navigate the complexities of modern business. However, it is his strategic foresight and commitment to operational excellence that has propelled Ailes Group to the forefront of Nigeria’s economic landscape. His vision for the company is clear: to serve as a catalyst for sustainable industrialisation, leveraging cutting-edge solutions to create lasting value for clients, society, and the economy.
This vision is not confined to Nigeria’s borders. Through strategic international collaborations, Chief Dr. Onuoha has positioned Ailes Group as a global player, facilitating the transfer of technology, expertise, and capital to drive innovation and economic progress. These partnerships have not only enhanced the company’s capabilities but also reinforced its role as a key contributor to Nigeria’s economic diversification and growth.

Resilience In The Face Of Challenges
Like any visionary leader, he has faced his share of challenges. Navigating the complexities of Nigeria’s business environment—marked by logistical hurdles, fluctuating market conditions, and regulatory intricacies— requires resilience, adaptability, and an unwavering commitment to ethical practices.
Dr. Onuoha’s ability to overcome these obstacles is a testament to his leadership philosophy: maintaining a clear vision, fostering strong teams, and embracing challenges as opportunities for growth.
His resilience is mirrored in Ailes Group’s ability to thrive in a rapidly changing world. By investing in technology, fostering a culture of innovation, and staying attuned to global economic trends, he ensures that the company remains future-ready. This forward thinking approach has enabled Ailes Group to diversify its operations, adapt to market shifts, and maintain its competitive edge.

Ailes Group Announces Secondary Market Listing, Targets N70 Billion Investment Portfolio
Ailes Group, a diversified conglomerate, has reaffirmed its commitment to strategic growth and expansion by announcing its intention to list on the secondary markets. This move is expected to unlock significant capital, targeting a substantial N70 billion Naira investment portfolio.

Strategic Allocation of Proceeds
The proceeds from this listing will be strategically allocated across seven key sectors:
1.⁠ ⁠Manufacturing: Enhancing operational capacity and driving industrial growth.
2.⁠ ⁠Real Estate: Developing innovative and sustainable property solutions.
3.⁠ ⁠Agricultural Services: Promoting agricultural excellence and food security.
4.⁠ ⁠Commodities Trading: Leveraging market opportunities to drive economic growth.
5.⁠ ⁠Energy Sector: Investing in sustainable energy solutions to meet Nigeria’s growing energy demands.
6.⁠ ⁠Fast-Moving Consumer Goods (FMCG): Expanding pharmaceutical and consumable products to improve healthcare and wellbeing.
7.⁠ ⁠Aviation: Enhancing air travel experiences and promoting aviation infrastructure development.

Commitment to Social Responsibility and Community Empowerment
Beyond his business achievements, Chief Dr. Michael Onuoha is deeply committed to social responsibility and community empowerment. His philanthropic efforts, particularly in Lagos and Imo states, reflect his belief in the transformative power of generosity.

Recognition and Accolades
Chief Dr. Onuoha’s contributions to the Nigerian economy have been recognized through several awards, including:
•⁠ ⁠Most Innovative Brand CEO of the Year (2023) by Champion Newspaper
•⁠ ⁠Ndigbo Times Magazine’s 10 Next Generation Leaders
•⁠ ⁠The Sun Entrepreneur of the Year Award (2024)

A Legacy Of Empowerment, Philanthropy
Beyond his business achievements, Chief Dr. Onuoha is deeply committed to social responsibility and community empowerment. His philanthropic efforts, particularly in Lagos and Imo states, reflect his belief in the transformative power of generosity. From donating residences to indigent families to supporting educational and healthcare initiatives, Chief Dr. Onuoha’s benevolence has touched countless lives. His dedication to uplifting others extends to his workforce. Recognising that talent is the backbone of any successful enterprise, Chief Dr. Onuoha prioritises employee development through training programs, mentorship, and a positive work environment. This commitment to human capital development not only enhances Ailes Group’s operational efficiency but also contributes to Nigeria’s broader economic progress.

As a philanthropist, he has tried to amplify his famed legacy of benevolence and generosity, as he always makes conscious efforts to put smiles on the faces of the less privileged in the society; both in his Lagos State base and back home in Imo State.
Little wonder he has been conferred with such titles as, Ide Nwangele, Ikoro Isu Na Eliligbarogu, Akụkweshiri Nke Mbu n’ Ụmụnakara, Eriri Ego of Igbo Land and others.

The above various deserving titles conferred on him by many traditional rulers are not a show of flamboyance but truly reflect his heart for charity and love for humanity.

Speaking on the award, Chief Michael Onuoha (Eriri Ego) said it meant to further promote the business philosophy of AILES Group and other landmark achievements of his organisation over the years and that such recognition is a positive development.

His words: “I am inspired to have been recognized this way and presented with this award acknowledging our modest contributions to the betterment of our society and in improving the business environment. This honour has increased my motivation to work harder and improve the lives of others around me as I have always strived to do.”

He was also named among Ndigbo Times Magazine’s 10 Next Generation Leaders. The honour, the magazine said, is in recognition of Onuoha’s innumerable and worthy contributions to the South East region as an economist, entrepreneur, and philanthropist.

“Onuoha’s philanthropic activities have reached every nook and corner of Imo State and the South East region in general and have impacted positively on many lives,” Mr Dominic Onyeka, Publisher of Ndigbo Times Magazine said, adding that Onuoha’s efforts in the area of entrepreneurship is quite outstanding.
These accolades were followed by The Sun Entrepreneur of the Year Award in 2024, cementing his status as a leading figure in Nigeria’s entrepreneurial landscape. Such recognition is a testament to his innovative leadership, unwavering integrity, and profound impact on Nigeria’s oil and gas industry.

A Vision For The Future
Looking ahead, Chief Dr. Onuoha remains steadfast in his commitment to sustainable industrialisation and community empowerment. His vision for Ailes Group is not merely to achieve financial success but to create a legacy of positive change— one that inspires future generations of entrepreneurs to embrace hard work, integrity, and innovation.

“My hope is to leave a legacy of sustainable industrialisation and community empowerment,” Chief Dr. Onuoha reflects. “I want to demonstrate that it is possible to build a thriving business while contributing to social progress. To aspiring entrepreneurs, I say this: focus on creating value, build strong relationships, and never underestimate the power of resilience. Challenges are opportunities in disguise.”

A Beacon Of Excellence
Chief Dr. Michael Onuoha’s journey is a compelling narrative of vision, resilience, and impact. Through Ailes Group, he has not only transformed Nigeria’s economic landscape but also set a benchmark for ethical leadership and corporate excellence. As one of The Guardian 100 Visionary CEOs of 2024, Chief Dr Onuoha stands as a beacon of inspiration, proving that with determination, innovation, and a commitment to the community, it is possible to shape a brighter future for Nigeria and beyond. His story is a testament to the power of visionary leadership — a legacy that will undoubtedly endure for generations to come.
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Rotimi Awofisibe: Leading the charge in Digital Banking With VFD Microfinance Bank

Intelligent, hardworking, and dynamic personality, Rotimi Awofisibe is blessed with ingenuity to achieve uncommon feats. As the Managing Director/CEO of VFD Microfinance Bank, this versatile and enterprising manager has shown the stuff he is made of, through business initiatives and visionary leadership that has positioned the bank to be at the forefront in Nigeria. He is a Fellow of the Association of Chartered Accountants (FCA), reflecting his deep expertise and commitment to professional excellence.

A highly accomplished finance specialist and business leader with extensive expertise in Financial Management, Accounting, Auditing, Taxation, Business Analysis, Performance Management, Public-Private Partnerships and with a deep understanding of financial records, analysis, and reporting, Rotimi has consistently demonstrated his ability to lead and transform organizations. His career is marked by strategic decision-making, high-impact financial structuring, and meticulous oversight of financial operations. He has successfully managed and spearheaded over 10 teams, ensuring seamless execution of strategic initiatives, meeting critical deadlines, and delivering exceptional results.

In this interview on his recognition as one of the 100 Visionary CEOs with Exceptional Business Acumen that shaped Nigeria’s Economic Landscape in 2024, the quintessential banker shares his vision, leadership philosophy, and achievements in the banking sector, amongst others. Excerpts..
Awofisibe’s strategic mindset and financial acumen positions him as a key player in the Nigerian banking sector, driving growth, maximizing stakeholder value, and setting new benchmarks for financial success “I am a finance specialist with extensive expertise in Financial Management, Accounting, Auditing, Taxation, Business Analysis, Performance Management, and Public-Private Partnerships. My career spans across various sectors, where I have successfully led financial operations, structured large-scale capital transactions, and implemented strategies that drive sustainable profitability.

“Under my leadership, VFD Microfinance Bank has undergone a significant transformation towards profitability between FY2023 and FY2024. We have successfully reduced non-performing loans (NPLs) in 2024, reflecting improved credit risk management. Additionally, our balance sheet has grown by c.20%, indicating enhanced financial strength and stability. Beyond finance, my leadership philosophy is built on transparency, collaboration, and operational efficiency, ensuring that every decision aligns with organizational growth and long-term stakeholder value.

“My vision for VFD Microfinance Bank is to redefine financial inclusion and digital banking in Nigeria, ensuring that every individual and business; regardless of size, has access to seamless, technology-driven banking solutions. To drive this vision, we have scaled our digital banking solutions to make banking more accessible and convenient for our customers. Our product offerings have been expanded to provide tailored financial solutions that support SMEs, entrepreneurs, and individuals. We have also strengthened partnerships with fintech companies to enhance our services. Operational efficiency has been optimized by leveraging data-driven insights and automation. Furthermore, we are actively pursuing a national banking license to expand our reach and services across Nigeria. We have also strengthened our risk management framework to ensure sustainable growth and stability”.

Several key factors differentiate VFD Microfinance Bank from others in the industry. VFD Microfinance Bank stands out as a fully digital and customer-centric institution, providing seamless banking solutions that cater to individuals, SMEs, and businesses. Their commitment to financial inclusion ensures that underserved communities have access to essential banking services, while strong financial backing allows the bank to structure and manage large-scale transactions with confidence. Through strategic collaborations with fintech companies and ecosystem partners, Vbank continues to enhance our offerings, reinforcing her position as a trusted institution. Moreover, VFD’s unique Business-Business-Customer (B-B-C) model allows the company to effectively serve businesses and customers, creating a comprehensive financial ecosystem. VFD MFB, doesn’t just provide banking services; they empower businesses and individuals to grow financially.

According to Awofisibe, the Nigerian banking sector is dynamic but presents several challenges that require strategic management. Regulatory and compliance issues necessitate agility; to address this, the bank established a robust framework to stay ahead of regulatory requirements. Cybersecurity threats, such as phishing and identity theft, pose significant risks; therefore, they have invested heavily in cybersecurity measures to protect customers’ data. Access to capital remains a major challenge for SMEs, prompting the bank to introduce tailored loan products with flexible repayment plans to support their growth. Customer trust and the adoption of digital banking are key concerns, leading them to invest in financial education and digital literacy initiatives to drive engagement. Economic volatility and inflation pose risks, but through data analytics and strategic financial planning, VFD has proactively mitigated market fluctuations, ensuring stability for customers and stakeholders. Additionally, the emigration of skilled workers, known as the ‘Japa’ phenomenon, has impacted the industry’s skill base; and they address this by investing in training and development to retain talent.

“Under my leadership, VFD Microfinance Bank has achieved significant milestones that have strengthened our position in the financial sector. We are in the final stages of securing a national license after a successful capital raise in 2023, showcasing shareholders’ confidence in the business, this will enable us to operate across all states in Nigeria and significantly expand our reach. Our robust financial structuring capabilities have facilitated the disbursement of over ₦ 50 billion in loans, positioning us as a key player in the sector. We have achieved a remarkable turnaround from a loss position in 2023 to Profit in 2024. Our diligent risk management strategies have led to a reduction in Non-Performing Loans (NPLs) from double digits to single digits year-on-year. The bank’s balance sheet has grown by c.20% year-on-year basis. Our focus on digital growth has significantly increased digital banking adoption, driving higher customer acquisition and engagement. These accomplishments underscore our commitment to innovation, financial inclusion, and operational excellence at VFD Microfinance Bank”, Awofisibe stated.

Sharing future plans of the institution, Awofisibe said: “Over the next 5 to 10 years, I desire to see VFD Microfinance Bank evolve into a market leader in digital banking, becoming the most preferred digital bank in Nigeria and beyond. We aim to be an institution that drives large-scale SME growth by expanding financial solutions that empower small businesses. As we deepen our integration within the fintech ecosystem, we will continue leveraging technology to enhance financial services and provide seamless banking experiences. Our ambition extends beyond Nigeria, with plans to expand into other African markets and establish VFD Microfinance Bank as an internationally recognized financial institution. At the core of our mission is a commitment to wealth creation, ensuring that Nigerians can save, invest, and grow their financial future through innovative products tailored to their needs”.

The young fintech and banking guru advised young Nigerians aspiring to succeed to be relentless in pursuit of knowledge, as the world is constantly evolving, advising that staying informed is key to staying ahead. “Embrace challenges and take calculated risks because real growth comes from stepping out of your comfort zone. Financial discipline is crucial and understanding money management will set you apart and position you for long-term success. Surround yourself with the right people, as your network plays a significant role in shaping your journey. Above all, always prioritize integrity and excellence, as reputation is everything in business and leadership. Most importantly, never stop learning, never stop innovating, and always strive to add value wherever you find yourself.”

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With Sundry Foods, Ebele Enunwa Fetes Clients, Dominate Culinary Market

Ebele Enunwa, the MD/CEO of Sundry Foods Limited, is a creative business leader, whose ingenuity and hindsight led him to the culinary and hospitality business, where he is making waves. The chartered accountant cum investment banker turned hospitality professional is driving his business to provide services for the nation’s diverse markets.

How has your passion contributed to your success in your career?
My passion and motivation are driven by a deep sense of purpose and the desire to make a tangible impact on the lives of people through the work I do. I am passionate about solving problems and creating value, and this has been my guide as an entrepreneur and business leader.

When I moved to Port Harcourt and saw the gap in the market for the provision of out-of-the-home quality meals, it became clear to me that there was a need to meet in the city and I jumped on it. My motivation comes from the challenges I encounter and the ability to overcome them.

What was growing up like for you?
I was born in Lagos some 48 years ago. I had my early life education in Surulere, Lagos and my secondary school in Jos, before going to a university in Ilorin. I completed compulsory youth service with Deloitte and qualified as a chartered accountant.

Leaving Deloitte, I joined Investment Banking and Trust Company Limited (IBTC), now known as Stanbic IBTC Bank and handled different responsibilities. In 2001, I was appointed to establish and lead the bank’s regional office in Port Harcourt. It was while in Port Harcourt that I identified the significant gap in the hospitality business, which led to my venturing into the restaurant business.

In 2007, while my business was still at its early stage, I went to the United States to study hospitality management. The knowledge garnered enabled me to incorporate global best practices into the business and to deliver top-notch services to customers.
Today, I am a chartered accountant and an investment banker turned hospitality professional.

Who are your mentors or role models?
My father was my first and has been my greatest influence in my professional life. He was a chartered accountant before me and retired as a partner of PricewaterhouseCoopers. When I was younger, I used to marvel at how people admired him for all he was doing and I desired to be more successful than he was. He instilled in me the spirit of hard work, a passion for excellence, and a desire to succeed beyond measure.
Another influential person in my life is my mother. She was a health administrator whose entrepreneurial spirit also runs me. I admire many others, including Dangote and Tony Elumelu.

As MD/CEO of Sundry Foods, how would you describe your products?
Sundry Foods Limited currently has six major brands operating in the Nigerian market. They are Kilimanjaro, Pizza Jungle, Kiligrill, Sundry Foods Services (SFS), Nibbles Bakery and Nibbles Creamery. Kilimanjaro is our flagship quick service restaurant (QSR) brand. It provides a range of quality Nigerian just as you would want them prepare for you at home. Pizza Jungle is our pizza restaurant brand – Pizza has become a popular food item in every country and appealing to the youth. Kiligrill is our street food brand. It is our attempt at formalising popular Nigerian street food, giving it a professional touch for the discerning customer to enjoy. SFS is our corporate catering brand, which enables us to provide outsourcing services to companies, while Nibbles is our bakery and creamery brand. All these brands make a mark in their different areas of the market.

What are some of the challenges you are facing and how are you overcoming them?
Marketing in the food services industry comes with its own set of challenges, particularly in a diverse and dynamic market like Nigeria. One of the primary challenges has been building and maintaining brand loyalty, especially as new players regularly emerge. To address this, we focus on consistency in quality and customer experience, ensuring that every interaction with our brand leaves a positive and lasting impression.

Another challenge has been to effectively communicate our core values to our audience with their varying preferences. We have tackled this by employing targeted marketing strategies that leverage data-driven insights. Understanding our customers’ needs allows us to tailor our campaigns and messaging, whether through digital platforms, traditional media or community engagement initiatives.

Economic factors, such as inflation and changing consumer purchasing power have also impacted on how our products are perceived and consumed. We respond by creating value-driven promotions and affordable meal options, ensuring that quality is never compromised, irrespective of pricing.

Another is the diversity of the Nigerian market, cultural differences and regional preferences. We are addressing this by offering locally inspired dishes to suit the tastes of different regions.

Lastly, the rise of social media and digital marketing has shifted consumer engagement patterns. To stay ahead, we have continued to invest in our digital platform and actively engage our audience through creative content and interactive campaigns. We are also listening to customers’ feedbacks on our platforms.

By being adaptable, customer-centric, and innovative, we have managed to overcome marketing challenges and continue to grow our presence and influence in the food and hospitality sector.

How do you intend to increase the market reach of your brands?
To do this, we have developed a comprehensive expansion strategy that focuses on both physical presence and digital engagement. We plan to increase our footprint by opening more outlets and touchpoints across the country, particularly in underserved regions. We look forward to doing this in the next three years.

We have also continued to innovate and bring out new products to break into new customer segment.
Furthermore, we are exploring strategic partnerships with delivery platforms, retail chains, and other businesses to extend our reach beyond our physical locations.

Lastly, we are leveraging data-driven insights to understand consumer behaviour and preferences. This approach allows us to make informed decisions on product offerings, pricing, and targeted marketing. Combining all these would take our brands to a greater height and reach more customers.

What advice do you have for aspiring youth professionals?
My advice to them is to develop a strong work ethic and maintain a mindset of continuous learning. The journey to success is rarely a straight path, and there will be challenges along the way. It is important to embrace these challenges as opportunities for growth, rather than obstacles. Stay curious, seek knowledge, be patient and never shy away from the hard work needed to achieve your goals.

Also, build meaningful relationships and surround yourself with people who inspire and challenge you to be better. Networking is crucial, but genuine connections matter more than superficial contacts. Find mentors who can guide you and offer valuable insights from their own experiences.

Also, be adaptable and resilient. The business environment is constantly changing, and your ability to adapt to new situations and bounce back from setbacks will determine your long-term success. Cultivate the habit of setting clear goals and pursuing them with determination and discipline.

Above all, remain humble and committed to your values. Integrity and honesty are non-negotiable, and your reputation will be your most valuable asset throughout your career. Stay focused, stay driven, and remember that consistency over time is what sets successful professionals apart from the rest.

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Wasiu Lanre Adeyemo: Implementing Projects, Lifting LUTH To First Class Hospital

From the entrance gate to the walkways and wards, the Lagos University Teaching Hospital (LUTH), Idi-Araba, could be visibly seen to regain its sheen. Established in 1962, to provide tertiary specialised services in diagnostics, dentistry, internal medicine and surgery, the hospital was one of the pride and joy of the nation until funding plunged and it suffered long years of infrastructural deficit. But with the coming of Professor Wasiu Lanre Adeyemo, as the Chief Medical Director, all that has changed for good. The wards are now equipped with state-of-the-art medical amenities that are powered by solar energy that runs for 24 hours throughout the week, while various projects are ongoing to provide better services for patients and make the hospital live up to its laid down visions and objectives.

Shedding light on this development, the CMD said, “This hospital is standing on the tripod of patient care, research and training, and we have been doing these to the best of our knowledge. We do more than patient care, because we do research and training. However, without patient care we cannot do any research or training; so, patient care is very essential.”

To boost its patient care, the CMD is holding on to the loins of government and the various projects stand as testaments for this.

Commending the government for increasing funding in the healthcare sector, he said, 62/ 63years ago, when federal hospitals and healthcare centres were about 10 or thereabout, funding was easy, but today the number of teaching hospitals, federal medical centres, and special hospitals under the federal ministry of health and social welfare has increased to about 76 or 77 and this comes with other challenges; despite this funding has increased tremendously to about 800 or 1000 per cent, which has enabled me to embark on different projects.

With the upgrade of all its theatres from renal to gynaecology, oncology, paediatrics, and surgery, among others, the doctors hit the groundwork and carried out two bone marrow transplants, thereby giving those living with sickle cell health challenges the assurance that they could live their lives to the fullest.
Highlighting this, Professor Adeyemo, who has won different awards as a scholar and researcher, said, “This is for the cure of sickle cell,” he continued, “We are the first public hospital in Nigeria to achieve this feat and we want to continue with it. With the success of the operation, LUTH now has a cure for sickle cell health challenges.”

Though, the hospital has been performing wonders in the areas of research and patient care, not many people knew of this until the COVID-19 pandemic, when its staff showed their professionalism in handling emergencies and curtailing the pandemic.

“I managed the COVID-19 pandemic as Deputy Chairman, Medical Advisory Committee (CMAC) and one of the lessons I learnt from COVID-19 is that, the best hospital you can have is the one nearest to you because when in need is the hospital that will save your life,” he continued, “many people thought that the virus would kill all Nigerians, but we curtailed it.

“Lagos was most affected, of course, LUTH received the greatest heat. We admitted 1054 patients, the highest any public hospital ever had in the country. Luckily, government had released funds for the renovation of one of the old wards of 120 beds, four levels, and just as the work was completed COVID-19 broke out; so, the facility helped to save a lot of Nigerians and that made many people to further know the importance of LUTH.

“Seeing the important role we played during the pandemic, Airtel came in and renovated Medical Ward A; NNLG handled Ward C and after COVID government tremendously increased budgets for public hospitals across the country,” he revealed.

Since government alone cannot handle the challenges in the healthcare sector, individuals and groups were enjoined to give a helping. Besides this, the CMD and his team embarked on a public-private partnership (PPP) with the Nigerian Sovereign Investment Authority (NSIA) in cancer management. This partnership has led to the establishment of the best and most equipped Cancer Centre in Nigeria and in the West African sub-region. The Centre boasts of three linear accelerator machines.

According to the multiple award-winning leaders and a member of the Nigerian Academy of Science and other prestigious academies, with the centre, LUTH is now the only hospital in Nigeria with three linear accelerator machines; no other hospital either private or public has such equipment.

“The equipment’s downtime is less than five per cent. With this, many Nigerians who had travelled abroad to treat cancer are now returning home to receive treatment in LUTH and we are also getting referrals from the Republic of Benin, Ghana, Togo, and Cote d’Ivoire among other neighbouring countries to our Cancer Centre.

“Individuals, including Mrs. Amina Attah’s family have donated four floors, 60 bedded Oncology Ward. A family is also renovating the Physiotherapy Centre from one level to two levels apart from equipping it with medical machines worth over N500 million. This will enable us have the best Physiotherapy Centre, probably, in the country.

“Owing to our vision, which has yielded great results, government has now extended this same partnership to other hospitals by establishing 10 more Cancer Centres across the country. We are not just dreaming or projecting, but have also been empowered to train the professionals that would run the various 10 facilities,” he revealed.

With the state-of-the-art equipment in its wards and theatres, highly trained and experienced professionals, and conducive environment that could go for a four-star hotel, one would expect the hospital’s medical bills to be extremely high, but the CMD said the reverse is the case.

“This hospital is heavily subsidised; the services a private hospital may charge N300,000 at LUTH, it may be N50,000. We get our drugs directly from pharmaceutical companies; we buy and also do drug revolving. There are treatments we give here for N20,000, but outside it could go for N150,000 or more.

“Also, children from age bracket 15-16 downwards pay 50 per cent of whatever adults pay and there are also categories of treatment. Since 2007 for example, all cleft treatments have been for free. I am a surgeon and have been a member of the team that handles cleft patients,” he said.

On how LUTH is helping to check medical tourism, Adeyemo noted that with the provision of modern medical infrastructure, and its array of specialists in varied and diverse fields of medicine, the hospital is ready to handle any medical emergencies or problems, stressing that Nigerians should come to LUTH, instead of travelling abroad to spend huge sums of money for what they can get for less in the country.

Despite its size and the huge number of patients — in and out-patients, LUTH still make provisions for some categories of people, celebs and captains of industry, that would want to enjoy some confidentiality.

“We know there are some Nigerians that want to take the benefit of the teaching hospital, which is the best hospital you can have anywhere because we have an array of professionals, but they are worried that they would be disturbed because of their popularity. We have considered such a class of people and have provided private apartments for them, even as in-patient and out-patient. They will have their privacy and all the comforts they need at their own cost. They are free to come with anybody they want to stay with them, including their security men/women,” the CMD said.

Observing that electric power is constituting a clog in the wheel of progress, the CMD jettisoned it for the solar system and with it, the nooks and crannies of the hospital are lighted up, as well as the theatres.

“Our Medical Ward with 120 beds, Surgical Ward 120 beds, Obstetrics and Gynaecology 120 beds, Paediatrics Wards 120 beds, Accident and Emergency (children), and Accident and Emergency Ward (adults) are all covered by solar energy. Others include the Blood Bank, Labour Ward, all the theatres, Alima Attah Oncology Centre, Neonatal Unit and the solar runs for 24 hours throughout the week. Our plan is to cover other areas that have not been reached in this year’s budget,” the CMD informed.

He revealed that government has promised to sufficiently supply LUTH with power, a minimum of two megawatts of solar, adding that government has done this in two hospitals — University Teaching Hospital, Maiduguri and University of Calabar Teaching Hospital. “ Calabar has seven megawatts, so, we are hopeful it will get to us; we only need about four megawatts. We are also looking forward to seeing good-spirited individuals contribute in this direction. We need power, for without electricity power the hospital is useless. The woman who donated the 60-bed Alimat Oncology Unit in January covered the whole building with solar.

“Government may not have done enough, but it has begun the process of funding to change the deficit in infrastructure. In those days the press reported that LUTH was in darkness, honestly speaking LUTH was never in darkness. What happened was that the student hostel had power cut because we were in the process of installing solar. The hospital, today, has 300 streetlights all solar-empowered; so, LUTH can never be in darkness.

Worried that some people say their sick relatives died while they were brought to LUTH, Prof Adeyemo a renowned oral and maxillofacial surgeon, geneticist and scholar, said this would only happen when cases are referred to LUTH at a very critical situation, when the doctors cannot do much to save the patient.
Adeyemo, with his magic wand, is really turning LUTH around for good. He has begun a new project that would provide superlative services for its patients.

“LUTH services are divided into two services, the out and in-patient. Our out-patients are almost as old as the hospital, but government has given us a new outpatient centre. There are five separate buildings with 254 clinic spaces across the main LUTH building; it is like having two hospitals in one. There is going to be a bridge for doctors and nurses, even patients, to move from the main building to the new one and construction works for the project have begun and will be completed before the end of the year.

“ We are also going to have a public Geriatric Centre (Old people Centre) there, to take care of the medical needs of our ageing population, which most times do not have people to help them. In addition to that, we want to create a hospice, especially for those who after receiving treatment find it difficult to go home mainly because they do not have people to take care of them at home. This group of people does not require wards, but a home. This facility will also enable those suffering from terminal illnesses such as cancer to receive their healing because they need prolonged treatment that would be handled by professionals. Such care are given in a hospice and government has made provisions for the construction of the facility in LUTH.

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Sam Ogrih: transforming Nigeria’s real estate landscape and empowering communities

When the name Sam Ogrih comes to mind, it evokes images of innovation, resilience, and an unwavering commitment to excellence. As the Managing Director/CEO of Delta Mega-Trend Nigeria Limited (DMTNL), Ogrih has not only redefined Nigeria’s real estate landscape but has also become a beacon of hope for communities and a champion of economic development.

With a career spanning over two decades, Ogrih has built a reputation as a visionary leader, serial entrepreneur, and philanthropist. Through his company, DMTNL, he has pioneered the development of smart, gated communities and intelligent buildings, offering sustainable, high-quality housing solutions that are reshaping urban living in Nigeria. Notable among these projects are The Plantation City and Southbrook Gardens Estate in Warri, Delta State, and the Ivory Oak Terrace Apartments in Lagos, which stand as testaments to his foresight and dedication.

Under Ogrih’s leadership, DMTNL has not only addressed Nigeria’s housing deficit but also created thriving communities that balance affordability with modernity. The company’s mantra, “My City, My World,” embodies Ogrih’s vision of integrating global standards with local needs, ensuring that every development enhances the quality of life for its residents while contributing to the nation’s economic growth.

Beyond real estate, Ogrih has extended his influence to other sectors, including hospitality and education. He is the driving force behind Leawood Hotel and SEE Events Centre in Lagos, ventures that have elevated industry standards while creating jobs and opportunities for thousands of Nigerians. His partnership with Lagos State University exemplifies his commitment to building human capital and fostering public-private collaboration.

Ogrih’s contributions extend far beyond the boardroom. A passionate philanthropist, he is renowned for his impactful corporate social responsibility initiatives, which include providing free external examinations for final-year secondary school students, distributing school materials to over 2,000 students annually, and supporting widows and the elderly. Among his upcoming initiatives is the highly anticipated All-Secondary School Football Tournament, which is set to kick off soon. This flagship project has already empowered countless youths, offering them a platform to excel and dream big.

In recognition of his contributions, Ogrih has received numerous accolades, including the Real Estate Development Icon Award from African Leadership Magazine Group UK and the prestigious Honourary Citizenship of the State of Georgia, USA. He has also been honoured as Real Estate Personality of the Year four times (back to back) by the African International Housing Show.

Despite his numerous achievements, Ogrih remains deeply committed to the future of Nigeria. He envisions a nation where innovation, infrastructure, and inclusive growth drive sustained economic development. To him, professionals have a pivotal role to play in shaping this future by leveraging their expertise and upholding the highest standards of ethics and excellence.

Ogrih’s journey from a young accountant with big dreams to one of Africa’s most influential CEOs is a story of perseverance, ingenuity, and purpose. He attributes his success to his guiding philosophy: “Excellence through integrity and innovation.” As a mentor and role model, he inspires young professionals to embrace lifelong learning, innovate in the face of challenges, and lead with purpose.

With leaders like Sam Ogrih, Nigeria’s potential for greatness shines brighter than ever. His unwavering commitment to uplifting communities, fostering economic growth, and building a legacy of excellence cements his place among the 50 Most Influential Professionals shaping Nigeria’s future.

In an engaging conversation, Mr. Sam Oghri shared insights into his life’s journey—reflecting on his experiences, challenges, and lessons learned. Below are excerpts from the interview:

Can you walk us through your journey so far, your background, education, and how you got to where you are today?
I was born and raised in Delta State, where I witnessed the boundless potential of our people and resources. My academic journey began with a strong foundation in accounting, culminating in a degree from then Auchi Polytechnic now Federal Polytechnic Auchi. Over the years, I complemented my education with leadership development programs and global industry certifications.

My career began humbly, but with a relentless pursuit of excellence, I steadily climbed the professional ladder, navigating challenges and embracing opportunities. Today, I serve as the Managing Director/CEO of Delta Mega Trend Nigeria Limited, the company I founded in 2009 where I now lead transformative initiatives in real estate, urbanization, and economic development.

What inspired you to choose this career path, and were there any pivotal moments that shaped your trajectory?
My inspiration came from a desire to contribute to Nigeria’s development, particularly in addressing the critical need for sustainable housing and urban planning. A pivotal moment in my journey was leading Delta Mega Trend project early in my career, which demonstrated how visionary leadership and innovation could positively transform communities. This experience solidified my commitment to driving solutions that not only address pressing challenges but also create lasting impact.

Looking back, what would you say are the most significant milestones in your career?

One of the most defining milestones was spearheading the “My City, My World,” which redefined standards in the real estate sector of the economy. This initiative impacted thousands of lives by providing affordable housing, creating jobs, and fostering economic inclusion. Another milestone was achieving the first building project of the DMTL, which affirmed my efforts in advancing the real estate sector.

However, beyond personal accolades, I consider the consistent growth and resilience of Delta Mega Trend Nigeria Limited under my leadership as a testament to the strength of collaboration and a shared vision for excellence.

Could you share an example of a project or initiative you led that had a major impact on your field or industry?
One project that stands out is the Independent Power Project, a groundbreaking initiative aimed at providing sustainable power infrastructure to underserved regions. This project set a precedent for eco-friendly power solutions and public-private collaboration, not only transforming physical landscapes but also improving the quality of life for countless individuals. By ensuring a more reliable energy supply, it has fostered economic growth, supported local businesses, and enhanced community well-being. Its success has since served as a model for similar projects across Nigeria, inspiring further investment in renewable energy solutions and sustainable development.

Have you received any awards or recognitions that hold special meaning to you?
Yes, receiving Industry Leadership Award from the reputable International Housing Show (back-to-back four CEO of Year Awards) was particularly meaningful. It was a reflection of years of dedication and the collective effort of my team. However, I believe the true reward lies in the positive impact our work has had on communities, whether it’s through job creation, improved living standards, or enhanced infrastructure.

As a leader, how do you approach innovation and driving success within your organization or industry?
For me, leadership is about vision and empowerment. I foster a culture of innovation by encouraging my team to think creatively, embrace new technologies, and challenge conventional approaches. At Delta Mega Trend, we prioritize data-driven decision-making, sustainability, and strategic partnerships. My leadership style is rooted in collaboration, where every member of the organization feels valued and motivated to contribute to our collective success.

What are the biggest challenges you’ve faced in your professional journey, and how did you overcome them?
One of the greatest challenges has been navigating economic volatility and regulatory changes in Nigeria’s business environment. I addressed these challenges by focusing on adaptability and diversifying our strategies, building resilient systems, and leveraging partnerships to mitigate risks. Every challenge has been an opportunity to learn, innovate, and strengthen our organizational framework.

Mentorship is critical for growth; how do you support and inspire the next generation of professionals?
Mentorship is a cornerstone of my leadership philosophy. I actively mentor young professionals through structured programs, offering them guidance, exposure, and opportunities to lead. Through Delta Mega Trend’s initiatives, we have created platforms for internships, skills development, and entrepreneurship. I believe the greatest legacy we can leave is the next generation of leaders equipped to carry forward the vision of sustainable growth.

How do you see your work contributing to the larger societal and economic growth of Nigeria?
Our work at Delta Mega Trend Nigeria Limited is intricately tied to national development. By addressing the housing deficit, driving urban renewal, and creating employment, we contribute to economic growth and social stability. Beyond these tangible outcomes, our projects inspire confidence in Nigeria’s capacity to compete on a global scale, showcasing what is possible with ingenuity and commitment.

Are there any corporate or personal social responsibility initiatives that you’re passionate about and actively involved in?
Yes, I am deeply passionate about youth empowerment and education. Through the Sam & Lauretta Ogrih Foundation, we supply school uniforms and materials to over 2000 students annually, we provide scholarships, mentorship, and skills acquisition programs to underserved communities. I am equally committed to environmental sustainability, ensuring that all our projects adhere to eco-friendly practices to preserve resources for future generations.

What is your vision for Nigeria’s economic future, and what steps do you believe are critical to achieving it?
I envision a Nigeria driven by innovation, energy infrastructure, industrialization, and inclusive growth. To achieve this, we must invest in infrastructure, prioritize human capital development, and create an enabling environment for businesses to thrive. Collaboration between public and private sectors is essential, as is fostering policies that attract investment and support local industries.

How do you see professionals playing a role in shaping Nigeria’s development in the next decade?
Professionals are at the core of nation-building. By leveraging their expertise, fostering innovation, and upholding ethical standards, they can drive transformative change. Whether in policy, technology, or industry, professionals must act as catalysts for progress, bridging the gap between vision and execution.

What advice would you give to young professionals or entrepreneurs aspiring to create meaningful impact in their fields?
Stay true to your values, embrace continuous learning, and be prepared to innovate in the face of challenges. Focus on creating solutions that address real societal needs, and never underestimate the power of collaboration. Most importantly, let purpose guide your pursuits and success will follow. and the youths should persevere and be humble as well but the youths of today have no such.

Is there a guiding philosophy or principle that has influenced your career and life?
Absolutely. My guiding philosophy is: ‘Excellence through integrity, innovation, perseverance, and humility.’ This principle has shaped my decisions, relationships, and approach to leadership. It ensures that every endeavour is impactful, ethical, and forward-looking, while also reminding me to remain grounded and resilient in the face of challenges.

Finally, is there anything else you’d like to share about your journey or perspective that hasn’t been covered?
I would emphasize that no success is achieved in isolation. I owe my journey to the support of mentors, colleagues, and partners who have shared in my vision. As a nation, I believe that if we harness our collective potential, we can achieve greatness and set new standards for global excellence.

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Sir (Dr.) Charles K. Wami, Chief Executive Officer, Charkin Maritime & Offshore Safety Centre

With a career spanning over three decades, Sir (Dr.) Charles K. Wami has risen through the ranks to become a leading expert in maritime safety operations and management. From his early days as a Radio Electronic Officer onboard a foreign-going vessel to his current position as the CEO of Charkin Maritime & Offshore Safety Centre, he has consistently demonstrated his commitment to excellence and his passion for the maritime industry. He is indeed a man who believes that results are the only evidence of hard work.

His firm commitment to goals and outcomes of well-thought-out processes is legendary. And being at the helm of affairs of a leading indigenous marine, oil and gas training establishment in Nigeria with a proven track record of effectively delivering diverse services to a broad base of clients is a good place to prove that point.

In this exclusive interview with Opeyemi, on his recognition as one of the 100 VISIONARY CEOs WITH EXCEPTIONAL BUSINESS ACUMEN THAT SHAPED NIGERIA’S ECONOMIC LANDSCAPE IN 2024, the Charkin boss shares his inspiring story and insights on leadership, entrepreneurship, and innovation in the maritime and oil & gas industries, amongst others. Excerpt.

Can we have an insight into your background?
I was personally exposed to the maritime world at the age of 12 years. However, my professional career officially began with the defunct Nigerian National Shipping Line (NNSL) from 1982 to 1995 where I served as a Radio Electronic Officer onboard foreign going vessels owned by the NNSL. I was appointed and certified marine Safety Radio Surveyor approved by the International Association of Marine Classification Societies for West and Central African states (ABS, DNV, GL, BV, LR& NKK). I was also appointed a Non-Exclusive Marine Radio Surveyor for the Federal Government of Nigeria (NIMASA) in 2001 and I remain so to date. I have surveyed over 800 Merchant Ships and Mobile Offshore Drilling Units (MODU) in accordance with International Maritime Organization (IMO) SOLAS Regulations within West and Central African Republic. I hold different academic qualifications including Doctor of Business Administration, specializing in Maritime Safety Operations and Management (Honoris Causa) from the Commonwealth University, UK. As an entrepreneur per excellence and a philanthropist who has shown great capacity in leadership, I have also sponsored free maritime safety training for indigenous youths of the Niger Delta and assisted them in gainful employment.
As the CEO of Charkin Maritime & Offshore Safety Centre, can you share with us your vision for the company, and how you’ve been able to drive growth and innovation in the Maritime & Offshore Industry?

My vision is for CHARKIN to be the “one-stop-shop” for quality maritime and offshore oil & gas safety training all around the world. So far I have been able to drive growth and innovation by first of all securing meaningful and long-sustained business partnerships and affiliations with both local and international regulatory bodies such as; OPITO, IMO through the Nigerian Maritime and Safety Agency (NIMASA), Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nautical Institute (NI), International Well Control Forum (IWCF), International Association of Drilling Contractors (IADC), the Liberian Registry, Bernhard Schulte Ship Management (BSM), and as such we are accredited and approved for training of international standards by the aforementioned organizations. Some of our approved courses include; Dynamic Positioning (Basic, Advanced and DP Vessel Maintainer), Azimuth Stern Drive, GMDSS, ECDIS, High Voltage, IMO Basic and Advanced Mandatory courses, Offshore Basic and Advanced Oil & Gas Courses, Non-Destructive Testing (NDT) courses and Welding courses.

What makes your Organization Unique as a Marine, Oil and Gas Training Establishment?
What makes CHARKIN unique is that over the years, we have consistently maintained our objective to build manpower for the National Maritime and Oil & Gas Industry & also for the African region. We have also complimented the efforts of government institutions in providing opportunities for Nigerian youths, by training and empowering them to fill the numerous global job opportunities available in the maritime, oil and gas industries within and outside the shores of Nigeria. By doing so, CHARKIN has successfully been ranked as one of the top facilitators of human capacity development training in Nigeria thereby positioning youths for a highly competitive edge in the maritime and oil & gas industries globally.

Given the peculiarities of the Nigerian business environment, what are the challenges faced in your sector and how have you been able to address those challenges in your organization?

Considering the enormity of our project investments in both the Maritime and Oil & Gas sectors, with the aim of bringing world-class training to our doorstep, the major challenges we face is that we are yet to have some key stakeholders align with and key into these projects. We have painstakingly brought down to Nigeria, world-class training that can only be sourced abroad, with the hope that our people will key into these projects without having to spend huge sums of money to travel abroad for these same trainings.

Can you share with us some of the notable projects or achievements of Charkin Maritime & Offshore Safety Centre under your leadership?

Under my leadership, CHARKIN has achieved the following:

• CHARKIN started out as CHARKIN Global Concepts Ltd. in 2000 with ABS, BV and DNV classification, as an approved non-exclusive radio and electronic navigational aids surveyors and a service centre for AMI Marine, Jotron and Mcmurdo to provide GMDSS Shore Based Maintenance, Marine Navigational Equipment Sales, Repair and Maintenance Services, Magnetic Compass Services and Gyro Compass Services for vessels till date.
• CHARKIN fully diversified into safety training in 2001 till date.
• CHARKIN has furthermore established a Maritime Academy known as Charkin Maritime Academy (CMA), which is duly accredited by the Nigerian Board of Technical Education (NBTE) and NIMASA, to offer National Diploma (ND) programmes in Nautical Science and Marine Engineering with 12 months sea-time experience on-board foreign going vessels and merchant ships and admission into the Academy is through the Nigerian Joint Admissions and Matriculation Board (JAMB). The 12-month mandatory sea-time is sponsored by CHARKIN in partnership with Bernhard Schulte Ship Management (BSM) and it is open to the best-performing cadets of every academic set.
• CMA has also gotten endorsement from NIMASA to run Officer of the Watch (OOW) and Associate courses for seafarers. We have currently graduated 4 sets of the COC with excellent performance from most participants of the programme.
• CHARKIN recently acquired a new state-of-the-art Full Mission Free Fall, Twin Fall and Fast Rescue Lifeboat Simulators (OPITO certified); first of their kind in Africa and third in the entire world.
• NIMASA Best Maritime Education and Training Institution of the Year Award, 2-times in a row, 2017 and 2018 respectively
• Shell Petroleum Development Company of Nigeria (SPDC) Safety Recognition Award on Excellent Contribution in the Execution of their Safety Survival Training for Q4 2013 – Q3 2016 without LTI.
• Shell Petroleum Development Company of Nigeria (SPDC) Safety and Global Function, Safety Performance Award for Achieving 10 years LTI free HUET/TBOSIET training (2023).
•  OMIS – Maritime Training Institute of the Year 2022.
• Association of Marine Engineers and Surveyors – Best Offshore Training Institution 2023
• Seafarers Awards – Training Centre of the Year 2023
• Petroleum Trainers Association of Nigeria (PETAN) – Client Recognition Award for Quality Service Delivery to Clients in the Nigerian Oil & Gas Industry 2024
• Oil & Gas Trainers Association of Nigeria (OGTAN) – HDC Award High Human Capital Development Company in Maritime & Offshore Training 2024.
• Corporate Member, Maritime Trainers Guild.
• Member, Institute of Safety Professionals of Nigeria (ISPON)
• Life member, OGTAN
• Member, International Association of Drilling Contractors (IADC).

Charkin Maritime & Offshore Safety Centre has made a name for itself over the years, how do you see the company evolving in the next 5 – 10 years?

CHARKIN is technologically savvy and we are up-to-date with technological advancements all over the world. With this, we see CHARKIN to be amongst the top 5 best training centres in the world, in the next 5 – 10 years.

As a successful entrepreneur and CEO, what advice would you give to young Nigerians who are just starting out on their own business journeys?
I would advise young Nigerians starting out in business to Start small, Find a niche, study it and remain consistent, Stay focused, Above all, trust GOD.