Biafra Business
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Meet 10 Biafran Billionaires All From The Same Town Nnewi

hugely popular Ekene Dili Chukwu Transport, his main cash cow and later diversified into brewery and agriculture.

7. Ifeanyi Ubah

Due to the inability of his parents to cater for the educational and material needs of their needs, Ifeanyi dropped out of Okongwu Memorial Grammar School, Nnewi, Anambra State to learn trade at a young age.

In 2001, he founded Capital Oil and Gas Limited which has since went on to become one of the largest distributors of petrol products around Nigeria with a combined capacity to berth 3-6 vessels simultaneously and 32 loading arms.

He is the founder of The Authority Newspaper, a Nigerian daily newspaper and also the owner of Ifeanyi Ubah F.C., a football club in the Nigeria Premier League.

8. Louis Onwugbenu

A profile by The Guardian of him in 2016 said:

“Born into economic challenges 63 years ago, the intellectually promising young Louis had to forgo his education midway at the outbreak of the Nigerian civil war in 1967.

“He later started business in 1972 by selling of bolts and nuts, oil filters and plugs with the meager capital from his parents.

“It was his resilience that propped him on till he graduated into the importation of auto spare parts and rose above his peers in almost all respect.

“Between 1972 and 1977 when his extra hardworking started paying off, he became one of the few pioneer traders that made weekly shuttles to motor/motorcycle spare parts markets at Idumota, Lagos directly under the Carter Bridge; hence he was nicknamed ‘Louis Carter Bridge.’”

The headquarters of his conglomerate sits in the Carter Industrial Estate, spanning many acres in Nnewi.

9. Obiajulu Uzodike

Engr Gilbert Obiajulu Uzodike, founding Chairman/CEO of Cutix Plc was born on March 25, 1949, in Nnewi, Anambra state.

Founded in 1982 by Gilbert Obia­julu Uzodike, after returning from a stint with Raychem Corporation in the United States, Cutix has today grown in leaps and bounds, becoming a multi-award winning manufacturer of electric and telecoms cables, making it one of the best-performing indigenous companies quoted on the Nigerian Stock Exchange (NSE).

10. Odumegwu Ojukwu

Late Odumegwu Ojukwu, reportedly Nigeria’s first black billionaire, and founding President of the Nigerian Stock Exchange, was knighted by Queen Elizabeth II.

The royal honor came after he helped the British during World War II with his fleet of trucks. He was so wealthy that during the Queen’s visit in 1956, she was chauffeured around in his Rolls-Royce – apparently the only one in the country at the time – on the request of the colonial administration.

Profiled in September 1965 by TIME magazine, Ojukwu made his money by importing dried fish for resale, and diversifying into textiles, cement and transport. When he died a year later, his wealth was an estimated $4 billion in today’s economic value.

 

Naij

Anambra man of the year awardAnambra man of the year award

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Emeh James Anyalekwa, is a Seasoned Journalist, scriptwriter, Movie producer/Director and Showbiz consultant. He is the founder and CEO of the multi Media conglomerate, CANDY VILLE, specializing in Entertainment, Events, Prints and Productions. He is currently a Special Assistant (Media) to the Former Governor of Abia State and Chairman Slok Group, Dr. Orji Uzor Kalu. Anyalekwa is also the National President, Online Media Practitioners Association of Nigeria (OMPAN) https://web.facebook.com/emehjames

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