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Nigeria’s First Billionaire by olisaEze(m): 2:24pm On Aug 07, 2020
Sir Louis Ojukwu was a great man, but little is said about this great achiever. He accomplished and made so much wealth before he died. All without Oil.

He was so Rich he did not need official papers to visit the Britain.

Sir Ojukwu's Rolls-Royce Silver Wraith LWB

was used to chauffeur Queen Elizabeth during her 1956 visit.

According to Forbes Africa, Sir Louis Odumegwu Ojukwu, who founded the Nigerian Stock Exchange (NSE), was the first Billionaire in Nigeria.

He practically owned Victoria Garden, Lagos.

Sir Ojukwu went to lagos with nothing in 1929 aged just 20 but 10 years later, he was already managing his own chain of businesses which included, Ojukwu Stores, Ojukwu textiles and Ojukwu transportation company.

By 1950, just Ojukwu Transportation company had over 200 trucks in its fleet. How did he do it?

Born Louis Philip Odumegwu Ojukwu in Nnewi in 1909, the only boy and second of four children,Sir Ojukwu went to Government primary School Asaba.

In 1922, he proceeded to the only secondary School in the Eastern region at the time, Hope Waddell training institute, Calabar. After completing his secondary School education in 1928.

Sir Louis secured a job as a tyre sales clerk with John Holt lagos in 1929.

It was working as a tyre clark the Sir Louis Ojukwu noticed that many Igbo traders who came to lagos to buy tyres also bought textiles as well.

With his meagre saving, Sir Louis travelled down to Onitsha where he opened his first business venture called "Ojukwu stores" and employed one of his relatives to oversee it.

He then returned to lagos and started sending down textiles on Lorries to his shop while still working for John Holt. Sir Louise's textile boomed.

By 1930, Louis bought a second hand truck

and employed a driver in other move his goods himself and 'Ojukwu transport company' was born. Sir Ojukwu worked tirelessly and by end of the 1930's, was the major transporter on the East-West Road.

In 1939, on the outbreak of world war 2, the British Government requested

the use of Sir Ojukwus fleet of trucks for the War effort to which he agreed to.

When the war ended in 1945, the British Goverment recognised the sacrifice he made and he was awarded a KBE (Knight of the British Empire).

The end of the war also created a high demand for raw materials from West Africa and Sir Ojukwus Transport business exploded sky high and he diversified into other businesses.

Some of Sir Ojukwu's early drivers such as Chief Ilodibe (Ekene Dili Chukwu)

and Chief Izuchukwu (Izuchukwu Transport) would later become Transport moguls themselves (Igbo wealth Creation).

Sir Louis was also a financial pillar of Ziks NCNC party and when the party came to power in 1960, Sir Louis was offered the position of Finance Minister

which he turned down, the position ultimately went to Okotie-Eboh. Sir Louis died in Nkalagu, present day Ebonyi state, in 1966.

Some.of his key achievements includes ;

- The first President of the Nigerian Stock Exchange.

- President, African Continental Bank

- Chairman, Nigerian cement company (NIGERCEM)

- CEO, Ojukwu Transport company...over 5000 fleet of trucks.

- Chairman, Nigerian National Shipping Line...over 100 ships and vessels

- Chairman, Lion Of Africa Insurance Company

- Chairman, BISCO Nigeria Limited cool Chairman, Nigerian Industrial Development Bank. founded to specifically give loans to industries

- Vice President, lagos Chamber Of Commerce

- Chairman, Palmline Shipping company

- Chairman, Nigerian Produce Marketing board

- Director, Shell D'Arcy Petroleum

- Director, Thomas Wyatt & Son

- Director, Nigerian Coal corporation

- Director, Guiness Nigeria Limited

- Director, Nigerian Tobacco Company

- Director, Daily Times of Nigeria

Sir Louis Ojukwu also owned numerous building, landed properties and stocks.

It is estimated that as at the time he died in 1966, he was worth about 40 Billion Dollars in today's money.

How many Billionaires in Nigeria today do we know their background?

It is not a coincidence that his town, Nnewi, has such a high number of Billionaires today. You can clearly see the effect of wealth distribution. His story inspired many of those Billionaires from Nnewi, and I share it today to inspire the next wealth distributors that opportunities abound outside oil or politics. Just look for a need and meet it.

1 Like

Re: Nigeria’s First Billionaire by Lipscomb(m): 2:26pm On Aug 07, 2020
But how many times we are going to read about this fraudulent man called ojukwu.

7 Likes

Re: Nigeria’s First Billionaire by helinues: 2:37pm On Aug 07, 2020
And we are still going to read this same piece tomorrow... undecided

1 Like

Re: Nigeria’s First Billionaire by totit: 2:40pm On Aug 07, 2020
Source? cool
Re: Nigeria’s First Billionaire by alhassanyusuf29(m): 2:43pm On Aug 07, 2020
Instead of his son to continue his legacy, the coward chimpanzee looking creature "Ojukwu", ran away dressed like an ashawo after sacrificing 3m nyamuri flat.head lives

8 Likes 1 Share

Re: Nigeria’s First Billionaire by alhassanyusuf29(m): 2:43pm On Aug 07, 2020
RadioBia.fraud
totit:
Source? cool

1 Like

Re: Nigeria’s First Billionaire by ZKOSOSO(m): 2:54pm On Aug 07, 2020
alhassanyusuf29:
Instead of his son to continue his legacy, the coward chimpanzee looking creature "Ojukwu", ran away dressed like an ashawo after sacrificing 3m nyamuri flat.head lives

Ojukwu was a Man....! A real Man indeed..!

5 Likes

Re: Nigeria’s First Billionaire by alhassanyusuf29(m): 3:12pm On Aug 07, 2020
A real transvestite! grin
ZKOSOSO:


Ojukwu was a Man....! A real Man indeed..!
Re: Nigeria’s First Billionaire by olisaEze(m): 3:17pm On Aug 07, 2020
totit:
Source? cool


https://www.thegazette.co.uk/London/issue/42051/supplement/3974
^ Forsyth, Frederick. Emeka. Spectrum Books, 1992. p. 1. ISBN 9789782462091. Retrieved 4 February 2017.
^ "In Quest of Perpetuity: The Ojukwu Nigerians didn't know - THISDAYLIVE". THISDAYLIVE. 2016-05-08. Retrieved 2018-10-04.
^ Sklar 1963, p. 450.
^ Sklar 1963, p. 180.
^ Sklar & 19638, p. 447.
Tom Forrest, The Advance of African Capital:The Growth of Nigerian Private Enterprise
Wikipedia.

I didn’t post this to fuel tribal rivalry, but to inspire the Nigerian youth, irrespective of tribal affiliations or religious background, to understand that there is much more we can do to earn a good place in history besides politics and fraud.
Our govt today is messed up, but this man came up through a harder path (colonialism and open racism).

3 Likes

Re: Nigeria’s First Billionaire by totit: 3:27pm On Aug 07, 2020
olisaEze:



https://www.thegazette.co.uk/London/issue/42051/supplement/3974
^ Forsyth, Frederick. Emeka. Spectrum Books, 1992. p. 1. ISBN 9789782462091. Retrieved 4 February 2017.
^ "In Quest of Perpetuity: The Ojukwu Nigerians didn't know - THISDAYLIVE". THISDAYLIVE. 2016-05-08. Retrieved 2018-10-04.
^ Sklar 1963, p. 450.
^ Sklar 1963, p. 180.
^ Sklar & 19638, p. 447.
Tom Forrest, The Advance of African Capital:The Growth of Nigerian Private Enterprise
Wikipedia.

I didn’t post this to fuel tribal rivalry, but to inspire the Nigerian youth, irrespective of tribal affiliations or religious background, to understand that there is much more we can do to earn a good place in history besides politics and fraud.
Our govt today is messed up, but this man came up through a harder path (colonialism and open racism).

Source is empty.
Re: Nigeria’s First Billionaire by totit: 3:27pm On Aug 07, 2020
alhassanyusuf29:
RadioBia.fraud

grin grin
Re: Nigeria’s First Billionaire by olisaEze(m): 3:31pm On Aug 07, 2020
alhassanyusuf29:
Instead of his son to continue his legacy, the coward chimpanzee looking creature "Ojukwu", ran away dressed like an ashawo after sacrificing 3m nyamuri flat.head lives

I doubt you were born at then, so I just wonder why the hate is so strong in you?

That "coward chimpanzee creature" was a welcomed guest of the queen of England at Buckingham palace, a close associate of the prince of Wales, earned his rank in the Nigerian Army without a quota system to thank for it and won d heart of a beauty queen.

What has he done to you personally?

1 Like

Re: Nigeria’s First Billionaire by bigwig071(m): 3:32pm On Aug 07, 2020
helinues:
And we are still going to read this same piece tomorrow... undecided

guy we go dey read am any all the time cus en na legend that no body from yoruba or hausa Fulani can ever be

1 Like

Re: Nigeria’s First Billionaire by helinues: 3:36pm On Aug 07, 2020
bigwig071:
guy we go dey read am any all the time cus en na legend that no body from yoruba or hausa Fulani can ever be

But I get am before no be property now?

Or undecided
Re: Nigeria’s First Billionaire by alhassanyusuf29(m): 3:59pm On Aug 07, 2020
But all this was before they found out he was a coward
olisaEze:


I doubt you were born at then, so I just wonder why the hate is so strong in you?

That "coward chimpanzee creature" was a welcomed guest of the queen of England at Buckingham palace, a close associate of the prince of Wales, earned his rank in the Nigerian Army without a quota system to thank for it and won d heart of a beauty queen.

What has he done to you personally?

Re: Nigeria’s First Billionaire by Light1259: 5:06pm On Aug 07, 2020
Lipscomb:
But how many times we are going to read about this fraudulent man called ojukwu.

Watch your tongue
Re: Nigeria’s First Billionaire by Hellraiser77: 5:35pm On Aug 07, 2020
IGBO men!!, No be today

3 Likes

Re: Nigeria’s First Billionaire by Redhot111(m): 5:51pm On Aug 07, 2020
alhassanyusuf29:
Instead of his son to continue his legacy, the coward chimpanzee looking creature "Ojukwu", ran away dressed like an ashawo after sacrificing 3m nyamuri flat.head lives

This one no get sense. Tribal bigot

2 Likes

Re: Nigeria’s First Billionaire by Ibrahimmrfish(m): 5:57pm On Aug 07, 2020
Dan Tata was the first Nigeria billionaire.
Re: Nigeria’s First Billionaire by Nyamuriflathead: 7:19pm On Aug 07, 2020
alhassanyusuf29:
Instead of his son to continue his legacy, the coward chimpanzee looking creature "Ojukwu", ran away dressed like an ashawo after sacrificing 3m nyamuri flat.head lives

Lmao.. But guy, where u hide put since?
Re: Nigeria’s First Billionaire by alhassanyusuf29(m): 7:34pm On Aug 07, 2020
Bros, na 6 months ban I chop undecided
Nyamuriflathead:


Lmao.. But guy, where u hide put since?
Re: Nigeria’s First Billionaire by Nyamuriflathead: 7:37pm On Aug 07, 2020
alhassanyusuf29:
Bros, na 6 months ban I chop undecided

Chai, that one long oh. Dem ban me too sotey i discharge enter Romanceland dey take cover first oh. That flatheaded mod mumu never do
Re: Nigeria’s First Billionaire by ThatFairGuy: 7:42pm On Aug 07, 2020
Nonsense and Ipob!
Where will you put Candido Da Rocha of ilesha. Someone who's rich to the extent of taking all his dirty clothes to US to wash.

2 Likes

Re: Nigeria’s First Billionaire by Abia1111: 8:54pm On Aug 07, 2020
[s]
ThatFairGuy:
Nonsense and Ipob!
Where will you put Candido Da Rocha of ilesha. Someone who's rich to the extent of taking all his dirty clothes to US to wash.
[/s]

1 Like

Re: Nigeria’s First Billionaire by Fariq: 10:47pm On Aug 07, 2020
alhassanyusuf29:
Bros, na 6 months ban I chop undecided

1 Igbo mod must be the one that ban you. I can relate.
Re: Nigeria’s First Billionaire by Hellraiser77: 10:49pm On Aug 07, 2020
ThatFairGuy:
Nonsense and Ipob!
Where will you put Candido Da Rocha of ilesha. Someone who's rich to the extent of taking all his dirty clothes to US to wash.
we are dealing with facts not folk tales
Re: Nigeria’s First Billionaire by laiperi: 11:00pm On Aug 07, 2020
They cannot stop. They have to keep on repeating lies until their next generation get drunk on it.

Most Igbo billionaires made their money in Yoruba land. Pa Ojukwu made his money transporting destitute to Yoruba land. The land that flows with milk and honey. Paved with gold and diamond where each destitute will be entitled to 42 virgins.

1 Like

Re: Nigeria’s First Billionaire by kayfra: 11:10pm On Aug 07, 2020
Candido Da Rocha is the first billionaire
Re: Nigeria’s First Billionaire by alhassanyusuf29(m): 11:23pm On Aug 07, 2020
Shegu nyamurai ba
Fariq:


1 Igbo mod must be the one that ban you. I can relate.
Re: Nigeria’s First Billionaire by Hellraiser77: 11:31pm On Aug 07, 2020
kayfra:
Candido Da Rocha is the first billionaire
No folk tales here, bring facts
Re: Nigeria’s First Billionaire by ThatFairGuy: 7:15am On Aug 08, 2020
Hellraiser77:
we are dealing with facts not folk tales
Let Google be your friend. This was documented
Re: Nigeria’s First Billionaire by ThatFairGuy: 7:16am On Aug 08, 2020
Abia1111:
[s][/s]
Igbaloderaymond leave me

1 Like

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