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POCKETS: Mike Adenuga CHIEF
Watch much TV. Trust me when I say that my mother has tried everything from therapy exorcism that I get off the couch on a daily basis. I do not understand why she would not focus on trivial things like school, work and marriage. I have to ask, there could be nothing more important than Samurai Jack or Power Puff Girls on Cartoon Network or Dirty Sexy Money on the show? Not to mention news and hot gossip E! Canal? Speaking of which, I have to say now, is absolutely absurd as some people make money and what they do with it. Just love the life of the rich and famous. I mean, some people spend their entire lives slaving away working for Geezer spend their nights dreaming of murder. Them as slaves for a salary so large that only can buy a pack of gum with it and still have enough change to take Keke Maruwa to work the next morning and plan for a vacation in your backyard. Is a disgusting! I know and yet, somewhere out there are beautiful, decked out people who spend their days showing its millions of pounds and dollars cribs, the last sports car she won in a game of chance and the ladies to show their talents in their homes around half naked. Life is not fair right?
Now online chatting with this very, very, very hot Hispanic Facebook (God bless Facebook) when I came across an article hard and passionate. It was and remains about how the article, sorry for the English, not impressed with the way Nigeria pockets fatter money is dispensed. He said schools still need to build, roads still need to be fixed, houses still had to be developed and all that. I guess this article is not so recent, but I will not lie to you, that made me think and think, I did some research and digging, I did some eating and eating, I did some more food before sitting down to practice that an ancient and noble traditions of our wise parents and their parents before they practice. So … I ran like crazy for television in front of all the food and snored my way to sleep … but after that, became involved in an argument with a few friends and associates about the wealth of this country or here … for put it more realistically, the wealth of some of the men and women of this country here.
Now before you start with my results, I have to ask the writer (S) of the above article to this fundamental question and I wish he or she replied with sincerity and honesty. If you were the one who started from nothing, probably suspended from school and was abandoned or sold by their parents to some one-eyed, bad breath, tattooed, devil worship, no teeth, broke-ass mechanic a village outside the outskirts of Lagos, who tried to negotiate his kidney for a bottle of beer on the struggle of the people of the past and somehow, providence smiled that after many years of horror and support business leader today were in Africa after years of sweat, hard work, people and handling feeding their ideas and the little contact they fought for it. Now there are billions in their account to their grandchildren than ever to work a day in their lives. Do you, in all honesty, begin to put right, society and the system that I did wrong with their own resources? Really … honestly. It's not as simple mate.
So there I was, chatting with this hot Hispanic facebook flirt my way into this wonderful resource in my mind when I stumbled foolishly previous article stabbed my conscience. So I took the liberty to find a few websites for me to know the richness of the land. Do you know how many billionaires other on the floor in Lagos State alone, not to mention the country? I saw a comment on CNN a few years ago on debt relief then head of State, Head Olusegun Obasanjo had proposed and this guru of finance (Oyinbo) said: "The tyrant and former Head of State of Nigeria, General Sani Abacha and his subordinates had diverted so much money in this country that if they wanted, they could cover the debt of the nation and continues to call for change.
more digging led me to this most exclusive and the latest list compiled by a renowned local newspaper. In this list, we have some of the old players, the new series and even women who have created companies which have provided employment to thousands of people. We're talking about entrepreneurs who started with just nothing, but now sit atop vast fortunes. We are talking about owners and CEOs who run their own programs that have updated their dreams in different sectors of the economy.
Now for fun and envy, I decided to put the point of light in the deepest pockets and fatter in Nigeria. I hope that when they see all the problems I had to kick them, they will use your church or mosque mind to spread the love.
In today's edition, which will focus on a man who has been included and declared the front runner richest men and women in Nigeria. A value of $ 6 billion, this businessman has his hands in telecommunications, of which your company is the most successful most famous and popular in their field, Banking and Oil & Gas. Ladies and gentlemen, I speak of Naija best and do not forget … the richest, the most popular name dominant in the list, after all, glo-ing with pride, our own boss, Dr. Michael Adenuga (CEO Globacom, ETB Bank Conoil).
Born April 29, 1953, Michael Adeniyi Isola Adenuga had his secondary education at the Ibadan Grammar School, Ibadan, Oyo State, prior to Northwestern University in Oklahoma and Pace University, New York, both in the United States, where he studied business administration. While in the United States, worked as a taxi driver and the guard security held in the school. At age 26, Adenuga had already become a millionaire with connections in high places. With its unique style and tenacity risks of purpose, very quickly began to reap the benefits in the billions. Equatorial owns Trust Bank (ETB) and Consolidated Oil (Conoil), which conducts crude oil extraction, refining and marketing.
incursion Dr. Michael Adeniyi Isola Adenuga Agbolade risk in the business world is a matter of fable and fiction. He's a very daring and adventurous, and has fingers in many pies. He keeps his business strategy in the chest, and the true disciple of Machiavelli, that is, the man believes that the world is a battlefield and you must prepare to not buy some time but all the time. It is a mountain climber, as a Tibetan monk, you create must survive all the odds to reach the top. He started his business with the main products imported, and moved to a large extent investment in real estate, which now crosses many world capitals.
His first shot in the consciousness of Nigerians was when his company, Consolidated Oil (Conoil) became the first Indian company to strike oil in December 1991. Has recently made inroads in the telecommunications sector. With limited Communications Investment, CIL, was issued a conditional license in 1999 and the frequencies to operate the Global System for Mobile Communications (GSM). The license was subsequently revoked. Again, when in 2002 the government through the Nigerian Communications Commission (NCC), organized the auction for the new license GSM, the CIL participated and was one of four that won the bid. He paid the $ 20 million deposit required.
However, in the process proceed with the release of final payment of $ 265 million, the company claimed to have left to pay on time frame. CIL lost both the license and deposit $ 20 million, but never weakened his iron will. After a controversial attempt, he got his fingers burnt, and the loss of about $ 20M the process of achieving a telecommunications license, sufficient for most people in bankruptcy, and possibly make them nuts. Instead of going home quietly to lick wounds, Adenuga soon returned for another offer, not caring that their main competitors were already far ahead of him. He later went on to present tenders for the second national operator (SNO) license, and deposited another $ 20 million. This time, she was lucky. He ignored the distractions and detractors, and marched about how the old Roman soldier. According to a report I read in a local magazine around 1992, but critics, including his mother had warned against investing in oil exploration, which he felt was a gamble nonsense. But Adenuga was ready to play Russian roulette. Like the bull (his zodiac sign is Taurus) Adenuga was relentless.
tall tales told about his incredible capacity for work. He is known for personal interviews to many staff, paying critical attention for the day to day business. Many wonder when he finds time to sleep, and how he manages to enjoy a small piece of great wealth. Is said to be generous to a fault, and ruthless towards incompetent officers of his vast business empire. Many have complained about its inaccessibility, and insist they are over-confident in their personal staff some of whom may not be able to tell the truth always, nor give the true picture of events as crucial.
No doubt about manager Globacom, Dr. Mike Adenuga, being in the league of billionaires. In fact, some say with the telecommunications firm, which could have become as even within a month. It was a bit of an uphill task to discover this Ijebu man's worth, especially because he rarely talks about his wealth or grants media interviews.
When banking was becoming fashionable in Nigeria, and most investors do not know what to do with a license, Adenuga only took two, and began to devcom Merchant Bank and Equatorial Trust Bank. Many years down the line, because even the largest banks in difficulties to raise the mandatory recapitalization N25Billion, Adenuga effort surprised the industry when he just merged its two banks and fulfilled all righteousness as required by our Central Bank, and became its two banks with Equatorial Trust Bank.
Also, when Nigerians were allowed to bid for oil wells, Adenuga dared to go so on-shore and off-shore licenses. Characteristic of some of our people, who alleged that he cashed in his powerful contacts within the military elite in power to win the best sites, and that while the voice belonged to Jacob, hand in hand with clarity is that of Esau, as if he had refused those opportunities if they came his way. Nobody was willing to consider their capabilities or their propensity to work hard. He confounded his detractors when Consolidated Oil became one of domestic enterprises especially to discover oil in commercial quantities, and has maintained the lead after many years, its sponsors called left office. We must learn to give honor to whom we owe, and try to encourage hard work. Given the same opportunities, many have had difficulties to excel as Adenuga.
As an entrepreneur who dared where others feared, Adenuga increases the richness of GSM calls. Your business assets and shares of the company pass through several countries in Western Europe North America and the Middle East. The son of a shrewd businessman, the late Ma Oyinkansola Adenuga, 54 years old Adenuga is a shrewd businessman, who raided the telecommunications at a time when the industry was going through teething problems. After having gone through thick and thin in the industry to leave the airline Second national, his Globacom is ruling Nigeria, and perhaps the world, as its name says, as smiles the bank owner.
He won the tender in August 2002 through his Globacom Limited. The ONS has a wider range of operations, Globacom has right to operate as an airline national, operate digital mobile lines, serve as international gateway for telecommunications in the country and operate fixed wireless phones.
Adenuga, who continue to rule in the coming years, especially with Conoil Plc Equatorial Trust Bank (ETB), Globacom and other investments in the country and abroad.
I have to thank you all for your questions and comments are still appreciated. Keep 'em coming in graye@goodlife.com.ng
Until next edition … catch and online. Diapers!
About the Author
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