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Remembering Igbo First Nigerian Millionaire by obinnaokeke225: 7:23pm On Mar 12, 2019
Behold the FIRST NIGERIAN MILLIONAIRE, Sir Louis Odumegwu-Ojukwu.


Sir Louis Odumegwu Ojukwu, KBE, (1909– September 1966) was a Nigerian business tycoon from the Ojukwu family of Nwakanwa quarters, Obiuno-Umudim, Nnewi. Sir Louis, who was considered the wealthiest person in Nigeria at the time, was Nigeria's first recorded Millionaire; and was the founder of Ojukwu Transport, Ojukwu Stores and Ojukwu Textiles.


At his peak, he was the first and founding President of The Nigerian Stock Exchange as well as President of The African Continental Bank. He was also either Chairman or on the board of directors of some of Nigeria's most profitable companies such as Shell Oil Nigeria Limited, Guinness Nig. Ltd, Nigerian National Shipping Lines, Nigerian Cement Factory, Nigerian Coal Corporation, Costain West Africa Ltd, John Holt, Nigerian Marketing Board amongst others. He won a parliamentary seat during the nation's first republic. He attended a primary school in Asaba and the Hope Waddell Institute. His son Chukwuemeka Odumegwu Ojukwu was a Nigerian military Governor and the President of the secessionist state of Biafra.


Life and career


In 1936, he met Bishop John Cross Anyogu - then a parish priest at Nnewi. Louis was a Roman Catholic.
Ojukwu started his professional career at the Agricultural department before leaving to join John Holt as a tyre sales clerk. He also incorporated a textile company in Onitsha to supplement his income during this period, already exhibiting a little bit of his entrepreneurial spirit. While at John Holt, he noticed the severe strain a lack of adequate transportation had on Eastern textile traders. He later left John Holt to create a transport company to improve the trading environment for Nigerian traders. As a transporter he was a tireless worker and meticulous to detail; he was usually the first to inspect his transport vehicles for oil and leakages. Apart from his work ethic, his success was also oiled by the economic boom after World War II, working with the West African Railway Company and the newly inaugurated produce boards, he provided his fleet for commodity transportation and for other traders use. As a transporter, he had his own transport company (Ojukwu Transport Limited)which was the first major transport company to move the easterners to Lagos from the Asaba end of the Niger river after they might have crossed over from Onitsha on a boat.


During the 1950s, he diversified his interest, bought some industries, invested heavily in the real estate sector and became a director in numerous major corporations including the state-owned Nigerian National Shipping Line. He was a member of the board of Nigerian Coal Corporation, Shell Oil, D'Archy, and African Continental Bank.


During the period of pre-independence and in the First Republic, Ojukwu was an active member and donor to the political party, NCNC. He was a one-time member of the House of Representative. In 1958, he was chairman of the Eastern Region Development Corporation and the Eastern Regional Marketing Board. On May 1, 1953, he was appointed the head of an NCNC peace committee and given the power to choose most of the committee's members. The committee was charged with the responsibility of restoring peace in the regional House of Assembly. His views on policy were a little bit capitalistic and right of Zik's socialist undertones. He was a co-author of a report on the Economic Mission to Europe and North America with Azikiwe, the report recommended the investment of extra funds from the product marketing board in a regional bank and public corporations to stimulate economic development. Ojukwu died in 1966, just a year before the Nigerian civil war. His son Chukwuemeka Odumegwu Ojukwu was the leader of the secessionist state of Biafra.


His wealth in Present-day Nigeria is times two the worth of Dangote. Can we ever get another Sir Louis Ojukwu from Igboland?


Visit [url]anaedoonline.com[/url] for more inspiration



lalasticlala

3 Likes 1 Share

Re: Remembering Igbo First Nigerian Millionaire by Omoluabi16(m): 7:36pm On Mar 12, 2019
LoL

2 Likes

Re: Remembering Igbo First Nigerian Millionaire by NaijaRoyalty(m): 7:37pm On Mar 12, 2019
Watch as some senseless afonjas will derail this thread with their hate now ...

5 Likes 1 Share

Re: Remembering Igbo First Nigerian Millionaire by KAHBOOM: 7:43pm On Mar 12, 2019
Anoder bashing thread cheesy

Oya yorubas arise and switch into ur Igbo monikers and bash other Nigerians. cheesy

1 Like

Re: Remembering Igbo First Nigerian Millionaire by donbachi(m): 7:58pm On Mar 12, 2019
I get am b4 no be property
Re: Remembering Igbo First Nigerian Millionaire by kayfra: 8:21pm On Mar 12, 2019
That's not the first Nigerian millionaire. The first was Chief Candido Joao Da Rocha an Ijesha man

https://en.m.wikipedia.org/wiki/Candido_Da_Rocha

Ojukwu tried as the first Ibo millionaire, but as usual. We pioneer everything in that country without making noise about it.

11 Likes 4 Shares

Re: Remembering Igbo First Nigerian Millionaire by gidgiddy: 8:39pm On Mar 12, 2019
Sir Louis Ojukwu, the Business Titan

He rose from being a common clerk to becoming one of the richest men in Africa

2 Likes

Re: Remembering Igbo First Nigerian Millionaire by Warship: 8:40pm On Mar 12, 2019
kayfra:
That's not the first Nigerian millionaire. The first was Chief Candido Joao Da Rocha an Ijesha man

https://en.m.wikipedia.org/wiki/Candido_Da_Rocha

Ojukwu tried as the first Ibo millionaire, but as usual. We pioneer everything in that country without making noise about it.


Trash.

Is on history that Ojukwu's father is the first millionaire.

4 Likes 1 Share

Re: Remembering Igbo First Nigerian Millionaire by Nobody: 8:45pm On Mar 12, 2019
Igbos/Jews and money

4 Likes 1 Share

Re: Remembering Igbo First Nigerian Millionaire by goodnessme1(f): 8:57pm On Mar 12, 2019
freedomforall30:
Igbos/Jews and money
that is why children of hate always attack anything Igbo.




Very wicked things.








Anyway their hatred cant do anything to the great Igbo.




Bro na only me and you remain ooo,make we go buy land for Lagos,

5 Likes 1 Share

Re: Remembering Igbo First Nigerian Millionaire by Firstorderwizard(m): 9:02pm On Mar 12, 2019
Afonja is no match for Ndigbo, mbanu

1 Like 1 Share

Re: Remembering Igbo First Nigerian Millionaire by kayfra: 9:44pm On Mar 12, 2019
Warship:



Trash.

Is on history that Ojukwu's father is the first millionaire.

Biafran history. Nigerian history differs

And there many more before and during Ojukwu

https://punchng.com/old-money-10-super-rich-men-of-independence-era/

Empty chest beating will ruin you guys one day

4 Likes

Re: Remembering Igbo First Nigerian Millionaire by BeautifulMind2: 9:57pm On Mar 12, 2019
kayfra:
That's not the first Nigerian millionaire. The first was Chief Candido Joao Da Rocha an Ijesha man

https://en.m.wikipedia.org/wiki/Candido_Da_Rocha

Ojukwu tried as the first Ibo millionaire, but as usual. We pioneer everything in that country without making noise about it.

You are qoating Wiki grin That any body can edit, we noticed that you Yorubas has been trying to rewrite history, go and read about Louis Ojukwu, read from Forbe

Shortly before Nigeria’s independence in 1960, Louis 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.

1 Like

Re: Remembering Igbo First Nigerian Millionaire by APCsupporter: 9:57pm On Mar 12, 2019
If only he knew the kind of useless son he gave birth to. The stupid boy just ran away and allowed millions of people to die.

2 Likes

Re: Remembering Igbo First Nigerian Millionaire by BeautifulMind2: 9:57pm On Mar 12, 2019
kayfra:


Biafran history. Nigerian history differs

And there many more before and during Ojukwu

https://punchng.com/old-money-10-super-rich-men-of-independence-era/

Empty chest beating will ruin you guys one day
You are qoating Yoruba newspaper grin
Re: Remembering Igbo First Nigerian Millionaire by kayfra: 9:58pm On Mar 12, 2019
Early millionares

Candido Da Rocha (1860 – 1959) - Yoruba
Alhassan Dantata (1877 –1955) - Hausa
Timothy Odutola (1902-1995) -Yoruba
Sir Mobolaji Bank-Anthony (1907-1991) - Yoruba
Sir Louis Odumegwu-Ojukwu (1908-1966) - Igbo
Shafi Edu (1911–2002) - Yoruba
Sanusi Dantata (1919–1997) - Hausa
Emmanuel Akwiwu (1924-2011) - Igbo
Ade Tuyo (1902 - ?) - Yoruba
Talabi Braithwaite (1928–2011) -Yoruba



Total domination by the Omoluabis.

No need to brag. Igi imu jina si right toe grin grin grin

9 Likes 4 Shares

Re: Remembering Igbo First Nigerian Millionaire by deomelo: 9:58pm On Mar 12, 2019
Not again..


These low self esteem Igbos no dey taya ni




grin grin

7 Likes 2 Shares

Re: Remembering Igbo First Nigerian Millionaire by BeautifulMind2: 10:01pm On Mar 12, 2019
kayfra:


Biafran history. Nigerian history differs

And there many more before and during Ojukwu

https://punchng.com/old-money-10-super-rich-men-of-independence-era/

Empty chest beating will ruin you guys one day
Even Punch you qoated acknowledged Ojukwu as first Nigeria Billionaire grin

1 Like

Re: Remembering Igbo First Nigerian Millionaire by kayfra: 10:01pm On Mar 12, 2019
BeautifulMind2:


You are qoating Wiki grin That any body can edit, we noticed that you Yorubas has been trying to rewrite history, go and read about Louis Ojukwu, read from Forbe

Shortly before Nigeria’s independence in 1960, Louis 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.

Da Rocha that did his laundry in London all the way from Lagos. Don't mess with your boss grin

Money yapa grin

https://www.legit.ng/1191084-meet-nigerias-millionaire-candido-da-rocha-clothes-britain-laundry.html

3 Likes

Re: Remembering Igbo First Nigerian Millionaire by kayfra: 10:03pm On Mar 12, 2019
BeautifulMind2:

Even Punch you qoated acknowledged Ojukwu as first Nigeria Billionaire grin

You replaced M with B

419 somebody grin

3 Likes 1 Share

Re: Remembering Igbo First Nigerian Millionaire by meccuno: 10:03pm On Mar 12, 2019
deomelo:
Not again..


These low self esteem Igbos no dey taya ni




grin grin
I guessed right. you would definitely show up here. You have proved beyond doubt that you are the one with low self esteem.
Re: Remembering Igbo First Nigerian Millionaire by kayfra: 10:06pm On Mar 12, 2019
This is the man. Respect the oshomalo in him

The first recorded millionaire in contemporary Nigeria

3 Likes

Re: Remembering Igbo First Nigerian Millionaire by slivertongue: 10:08pm On Mar 12, 2019
Nigerian history books tells it all, ojukwu was the first multi millionaire
Re: Remembering Igbo First Nigerian Millionaire by BeautifulMind2: 10:08pm On Mar 12, 2019
kayfra:


You replaced M with B

419 somebody grin
Go and read King Jaja of Opobo an Igbo man one of the richest Nigeria then,King Jaja was born in Umuduruoha, Amaigbo (TUM TUM TUM's village). Jaja rose from the lowly ranks of a slave to founding his own kingdom. His army of warriors fought valiantly on the side of the British (his business partners) to win the Ashanti War of 1875; for which he was awarded a 'Sword of Honor' by the reigning monarch, Queen Victoria.
He did not suffer the greed of the British imperialists lightly, and immediately fell out of favor with them when they tried to run rough shod on him. He was exiled, and on his way back from exile he died, mysteriously, believed to have been poisoned by the British, who feared that his return would sabotage and/or compromise their imperialistic ambitions in the "Oil Rivers", of which Opobo was the main oil producing city in that region.
Re: Remembering Igbo First Nigerian Millionaire by kayfra: 10:11pm On Mar 12, 2019
BeautifulMind2:

Go and read King Jaja of Opobo an Igbo man one of the richest Nigeria then,King Jaja was born in Umuduruoha, Amaigbo (TUM TUM TUM's village). Jaja rose from the lowly ranks of a slave to founding his own kingdom. His army of warriors fought valiantly on the side of the British (his business partners) to win the Ashanti War of 1875; for which he was awarded a 'Sword of Honor' by the reigning monarch, Queen Victoria.
He did not suffer the greed of the British imperialists lightly, and immediately fell out of favor with them when they tried to run rough shod on him. He was exiled, and on his way back from exile he died, mysteriously, believed to have been poisoned by the British, who feared that his return would sabotage and/or compromise their imperialistic ambitions in the "Oil Rivers", of which Opobo was the main oil producing city in that region.

I can as well tell you to read up many Yoruba royals. It's a waste of time and an unfair fight. Yorubas will be dominating you again since we had an advanced society before the british helped you guys from savagery grin

Any measure. Either contemporary business men o or even royalty o. You are simply outclassed

Go compete with a smaller ethnic group. We no be mates grin

3 Likes 1 Share

Re: Remembering Igbo First Nigerian Millionaire by BeautifulMind2: 10:13pm On Mar 12, 2019
kayfra:


Da Rocha that did his laundry in London all the way from Lagos. Don't mess with your boss grin

Money yapa grin

https://www.legit.ng/1191084-meet-nigerias-millionaire-candido-da-rocha-clothes-britain-laundry.html

Otondo so doing his laundry in London makes him then Nigeria richest man grin go and read the founder of Nigeria stock exchange and the businesses he control then
Re: Remembering Igbo First Nigerian Millionaire by kayfra: 10:14pm On Mar 12, 2019
slivertongue:
Nigerian history books tells it all, ojukwu was the first multi millionaire

Keep shifting the goalpost from millionaire to billionaire and now to multimillionare. However you define it, he wasn't. The honor belongs to Da Rochas. Maybe Ojukwu senior was also a chest beater. It's in his genes grin

2 Likes 1 Share

Re: Remembering Igbo First Nigerian Millionaire by BeautifulMind2: 10:15pm On Mar 12, 2019
kayfra:


I can as well tell you to read up many Yoruba royals. It's a waste of time and an unfair fight. Yorubas will be dominating you again since we had an advanced society before the british helped you guys from savagery grin

Any measure. Either contemporary business men o or even royalty o. You are simply outclassed

Go compete with a smaller ethnic group. We no be mates grin

1 Like

Re: Remembering Igbo First Nigerian Millionaire by kayfra: 10:15pm On Mar 12, 2019
BeautifulMind2:

Otondo so doing his laundry in London makes him then Nigeria richest man grin go and read the founder of Nigeria stock exchange and the businesses he control then

Na overskill now. The money too plenty ni grin
Re: Remembering Igbo First Nigerian Millionaire by Positivepoint(m): 10:16pm On Mar 12, 2019
obinnaokeke225:
Behold the FIRST NIGERIAN MILLIONAIRE, Sir Louis Odumegwu-Ojukwu.


Sir Louis Odumegwu Ojukwu, KBE, (1909– September 1966) was a Nigerian business tycoon from the Ojukwu family of Nwakanwa quarters, Obiuno-Umudim, Nnewi. Sir Louis, who was considered the wealthiest person in Nigeria at the time, was Nigeria's first recorded Millionaire; and was the founder of Ojukwu Transport, Ojukwu Stores and Ojukwu Textiles.


At his peak, he was the first and founding President of The Nigerian Stock Exchange as well as President of The African Continental Bank. He was also either Chairman or on the board of directors of some of Nigeria's most profitable companies such as Shell Oil Nigeria Limited, Guinness Nig. Ltd, Nigerian National Shipping Lines, Nigerian Cement Factory, Nigerian Coal Corporation, Costain West Africa Ltd, John Holt, Nigerian Marketing Board amongst others. He won a parliamentary seat during the nation's first republic. He attended a primary school in Asaba and the Hope Waddell Institute. His son Chukwuemeka Odumegwu Ojukwu was a Nigerian military Governor and the President of the secessionist state of Biafra.


Life and career


In 1936, he met Bishop John Cross Anyogu - then a parish priest at Nnewi. Louis was a Roman Catholic.
Ojukwu started his professional career at the Agricultural department before leaving to join John Holt as a tyre sales clerk. He also incorporated a textile company in Onitsha to supplement his income during this period, already exhibiting a little bit of his entrepreneurial spirit. While at John Holt, he noticed the severe strain a lack of adequate transportation had on Eastern textile traders. He later left John Holt to create a transport company to improve the trading environment for Nigerian traders. As a transporter he was a tireless worker and meticulous to detail; he was usually the first to inspect his transport vehicles for oil and leakages. Apart from his work ethic, his success was also oiled by the economic boom after World War II, working with the West African Railway Company and the newly inaugurated produce boards, he provided his fleet for commodity transportation and for other traders use. As a transporter, he had his own transport company (Ojukwu Transport Limited)which was the first major transport company to move the easterners to Lagos from the Asaba end of the Niger river after they might have crossed over from Onitsha on a boat.


During the 1950s, he diversified his interest, bought some industries, invested heavily in the real estate sector and became a director in numerous major corporations including the state-owned Nigerian National Shipping Line. He was a member of the board of Nigerian Coal Corporation, Shell Oil, D'Archy, and African Continental Bank.


During the period of pre-independence and in the First Republic, Ojukwu was an active member and donor to the political party, NCNC. He was a one-time member of the House of Representative. In 1958, he was chairman of the Eastern Region Development Corporation and the Eastern Regional Marketing Board. On May 1, 1953, he was appointed the head of an NCNC peace committee and given the power to choose most of the committee's members. The committee was charged with the responsibility of restoring peace in the regional House of Assembly. His views on policy were a little bit capitalistic and right of Zik's socialist undertones. He was a co-author of a report on the Economic Mission to Europe and North America with Azikiwe, the report recommended the investment of extra funds from the product marketing board in a regional bank and public corporations to stimulate economic development. Ojukwu died in 1966, just a year before the Nigerian civil war. His son Chukwuemeka Odumegwu Ojukwu was the leader of the secessionist state of Biafra.


His wealth in Present-day Nigeria is times two the worth of Dangote. Can we ever get another Sir Louis Ojukwu from Igboland?


Visit [url]anaedoonline.com[/url] for more inspiration



lalasticlala


Sorry to burst your bubble but

Alhassan Dantata (1877 – 17 August 1955) was a Northern Nigerian trader in kola nuts and ground nuts, and he was a distributor of European goods. He supplied large British trading companies with raw materials and also had business interests in the Gold Coast. At the time of his death he was the wealthiest man in West Africa.[1][2]

https://en.m.wikipedia.org/w/index.php?title=Alhassan_Dantata#

1 Like

Re: Remembering Igbo First Nigerian Millionaire by deomelo: 10:16pm On Mar 12, 2019
meccuno:
I guessed right. you would definitely show up here. You have proved beyond doubt that you are the one with low self esteem.


People with real money and power node dey grag, den no dey pump chest, na only poor, empty calabash and shallow people dey make noise.



grin grin grin grin
Re: Remembering Igbo First Nigerian Millionaire by deomelo: 10:19pm On Mar 12, 2019
The Igbo is full of arrogance and braggadocios. He is always praising himself. He is not humble at all; his empty pride gives folk the impression that he is very childish; mature people are not proud and certainly do not boast about their powers.



If you are around the Igbo all you hear are boasts about his real and imaginary accomplishments. He is very vainglory seeking; he is title crazy

Have you ever seen a humble Igbo man who does not present himself as god almighty himself even though he is a starving man? If you listened to these people boast you would think that they are as powerful as the gods are supposed to be!


http://chatafrik.com/articles/nigerian-affairs/the-igbo-problem-can-be-fixed/38-the-igbo-problem-can-be-fixed?start=4#.XIgh-yJKiXI




Nigerians sabi ibo people well well..




grin grin

5 Likes

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