₦airaland Forum

gasparpisciotta:
PBAT is going to leave a very big shoe for whoever will succeed him

So a funded project from kano government the same way Lagos build there own light rail is what you are cuming this morning

Xboss1:
Land grabber setting up committee to grab more lands. 2027 will end your political career. Enjoy while it lasts

Grasshoppers have invaded Abuja I pity innocent souls

BayoBilisi:
In Nigeria’s socio-economic landscape, the Ijebu people have carved out a reputation for discreet wealth and quiet influence. While they may not always flaunt their riches, their success stories run deep — from ancient trading dynasties to modern-day corporate giants. It’s no wonder many call Ijebu land the home of silent billionaires.

Who Are the Ijebu People?

The Ijebu are a proud sub-group of the Yoruba ethnic group, located primarily in Ogun State. They are known for their discipline, business acumen, and cultural pride. Historically, the Ijebu Kingdom was a major commercial hub in pre-colonial Nigeria, with strong trading links to the Portuguese, British, and other African communities. Their reputation for trade and wealth dates back centuries.

Why Ijebu People Produce Silent Billionaires

1. A Culture of Financial Prudence

Ijebu people are famously prudent with money. They value savings, wise investments, and living below their means — traits that naturally accumulate wealth over time.

2. Generational Business Legacies

Many Ijebu families run multi-generational businesses in industries such as trading, real estate, and manufacturing. Wealth is carefully passed down and grown, rather than squandered.

3. Strategic Networking

Ijebu people maintain tight-knit community bonds. Through hometown associations and cultural gatherings like the Ojude Oba Festival, they exchange business opportunities and support each other financially.

4. Low Publicity, High Impact

Unlike some wealthy Nigerians who live flamboyantly, many Ijebu billionaires prefer to keep a low profile, letting their enterprises — not their lifestyle — speak for them.


Notable Ijebu Billionaires and Tycoons

While discretion is a hallmark, a few names inevitably stand out:

Mike Adenuga – Founder of Globacom, one of Africa’s richest men, with interests in telecommunications, oil, and banking.

Otunba Subomi Balogun (Late) – Founder of First City Monument Bank (FCMB) and pioneer in Nigerian banking.

Adeola Odutola (Late) – Industrialist and one of Nigeria’s early tycoons in manufacturing and commerce.


These figures represent just a fraction of the immense wealth spread across Ijebu land.


Economic Influence of Ijebu Land

Ijebu people control wealth in sectors such as:

Banking & Finance – Through founding banks and major shareholdings.

Oil & Gas – Investments in exploration, distribution, and downstream operations.

Real Estate – Prime property holdings in Lagos, Ogun, Abuja, and beyond.

Import & Export Trade – A legacy of seafaring and international commerce.

The Ojude Oba Factor

The Ojude Oba Festival, held annually in Ijebu Ode, is more than a cultural celebration — it’s an unspoken networking event for Ijebu elites. Deals are made, partnerships formed, and community bonds strengthened, reinforcing the cycle of wealth.

Richest Ijebu Towns and Their Economic Strengths

While Ijebu land as a whole is prosperous, certain towns have become wealth powerhouses in their own right:

1. Ijebu Ode – The Royal and Commercial Capital

Economic Strengths: Banking, real estate, retail trade, and event tourism (especially during the Ojude Oba Festival).

Why it Stands Out: As the cultural and administrative heart of Ijebu land, Ijebu Ode hosts influential families, major markets, and top-tier private schools.


2. Ijebu Igbo – Agricultural and Trade Hub

Economic Strengths: Large-scale farming (especially cocoa, kolanut, and palm produce), timber industry, and regional trade.

Why it Stands Out: Known for its vast land resources and thriving produce markets, it supplies agricultural goods to Lagos and other Nigerian cities.


3. Sagamu – Industrial and Sports Powerhouse

Economic Strengths: Cement production, sports investment (notably boxing and football), and real estate.

Why it Stands Out: Home to one of Nigeria’s biggest cement plants and an expanding middle-class community.


4. Ijebu Ife – Cultural Heritage and Craftsmanship

Economic Strengths: Handcrafts, textiles, and artisanal businesses.

Why it Stands Out: Maintains a strong traditional economy alongside modern commerce, attracting heritage tourism.


5. Ijebu Mushin – Commercial Gateway

Economic Strengths: Retail trading, transportation, and agricultural produce markets.

Why it Stands Out: Serves as a commercial link between Ijebu towns and neighbouring states.


6. Ago Iwoye – Education and Trade

Economic Strengths: Education (home to Olabisi Onabanjo University), hospitality, and small-scale manufacturing.

Why it Stands Out: The university presence fuels a thriving hospitality and service sector.

The Ijebu success story is not about flashy cars or loud parties — it’s about generational wealth, discipline, and strategic thinking. From quiet boardrooms to bustling markets, the Ijebu people continue to shape Nigeria’s economy, proving that sometimes, the richest voices are the quietest.

Ijebu people started business so early in Nigeria that's why they excel so much

MrIcredible:
Why are these people like this?

I wonder what kind of country Biafra will be?

Nawa o....

So aboki scavengers carrying peoples pot and gas cylinders are from Biafra use your life wisely

Ttalk:
Still better than Obidient who wanted hijack aircraft on board because Obi lost election



https://www.youtube.com/watch?v=N9XS6Jm1-vQ?si=pGmkxL6qsDyxtMCd

Was he not arrested and charge to court or not?

AKWATGOLD1:
No flying zone for six months slammed on K1 would serve as detterrant to other people that might want to indulge in such act in future.

That action is a threat to hundreds of people's life he deserves court appearance

helinues:
The sincere questions that Peter Obi's supporters are not asking themselves are,

What's Peter Obi's stake in ADC?
Who are his allies in the coalition?
Who is bringing people to the coalition?

Focus your attention to apc & tinubu that have turn naira to Zimbabwe dollars not a rich man peter obi

iwaeda:
Under APC, everything are now glitches, INEC, JAMB, WAEC and the next one will be our banks, then it will be 2027. May your life not enter GLITCH.

neco is remaining

Ikaeniyan0:
Dem don suspend him from using airports for 6 month

You I'll see him on air plane next month 9ja we dey law for the poor

illicit:
It's not easy and cheap to maintain toilets in such a public space

If u have been there u will understand

Infact I don't see any wrong, they have workers there 24/7

this is absolutely wrong and it's monetization, i went to Jehovah's witnesses convention last week at mowe all there works department are all volunteers and well arranged both toilet, drugs are all free, I heard when they thanked all the volunteers, church is registered under charity the have bought that ticket at hundred naira and rewrite it 200 showing he is looking for profit

yarimo:
But why? Mtweeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

Are you seeing the ones you are hailing your patriots how they are using your common wealth buying houses all-over the world while you are suffering here when election reach they will again bring ballots box to you

kedeojo:
quit nzogbu nzogbu politics. Atiku state governor are not in talking terms. Which state governor will follow him to ADC. Even adeleke is not with Atiku. Hope you are reading about mbah of Enugu and the party is about to join. Otti is not even going to ADC and obi can't convince him about it. You people will be used as pawn in the political chess game. If you people are not careful, you will be in political wilderness for the next forty years.

You that are in political desert but are still complaining ebinpawa is it not shameful to you

jojo1415:
Benue governor is not serious in combating the menace going on in his state....I don't know why state governors r reluctant in taking security of their states seriously,it baffles me.

The governor is not the problem the problem is the justice system we found our self, how many of this criminals have brought to court and sentence imidiately

Iceiscold:
Congratulations to him.
Great record
Great work
Great move

they have turned Guinness record to another thing

yarimo:
Coalition of confused hijackers everywhere mteeeew

the next move you I'll see are northern & southern governors keep watching

yarimo:
Coalition of confused hijackers everywhere mteeeew

the next move you I'll see are northern governors keep watching

EvilMerodack:
Dude, this s 2025 Alot of people work remotely and can afford themselves the time to play all day online

You should care more about g-e-t-t-i-ng a Job like that

Am not a kid like you, am into metals recycling export for more than 15 years, everyone you see online is not your mate because when a kid talks you I'll know

OlatemCargoLtd:
Which way for our young generations.
Fraud doesn't pay but the won't listen, they're only after the present gain

Any citizens with out like 20 years in business enterprise buying car of 50 million is a criminal

myhotbrain:
I hope there won’t be corrupt practices and everything will be transparent !

What you see on tv is not the real 9ja una go enter room off the mic first

Bananapill:
Wicked wike on the beat. A hard working stubborn man.
FTC

The fct nation assembly member wike sees as rag because she belongs to lp is whom he is now talking about, he have never carry the woman along since he came to abuja

Reflect7:
Did they build covered drains and sidewalks as they do in the UK, or did they build streets with open gutters and no sidewalks for pedestrians?

Don’t bother responding.

It was covered then but you know our country lacks maintenance culture

ddippset:
He went to the venue as PDP but came back as APC.

Very interesting!!!

If they shoot this as movie it I'll sell

madridguy:
Nigeria would have look exactly as the UK if we didn't get our independence from the Britain.

If you have been to aba and see how British arrange the streets in aba you I'll be marveled

phoneport:
But can they still fry the eggs
Ebi pkami oooo

Abeg na fowl egg she de talk about or guinea fowl egg?

helinues:
Here we go with as usual chest beating. Hahaha just Google the most industrial state in Nigeria.

What is it with you guys lying confidently like this self?

You can't read and comprehend only to promote bigotry in nairaland

helinues:
What did Peter Obi do as Anambra state governor for good 8 years. He didn't send 4 years but good 8 years.

Peter Obi it his supporters should tell us the legacies of Peter Obi in Anambra state that's still standing or in operation today

Ryno mocry is no more shouting peter obi it remains you , industries in one local government in anambra is bigger than whole industries in your state, 80 percent of lubricant companies in nigeria are in anambra, go there and see quality education and clean schools

SmartPolician:
VDM is SENSELESSLY going about misinforming the general public that Hope Uzodinma celebrated IGBO ladies in the Super Falcons team.

I too like that babe called Jenny Echegini for a reason I cannot even explain

I hope say Hope no go send him boys make dem go collect the babe contact later. See eye contact

the babe is very beautiful she resemblance some one from okocha/ iwobi lineage

madridguy:
The entire land size of the SE is less than Kogi State. They have 5 governors, 15 senators and 41 Federal representatives.

Instead of their governors, senators and reps to come together and find a lasting solution to the insecurity in their region, they're looking for way to take over other people's land through indigenous bill.

So your problem is the size of south east not evil that happened, the same way Ibadan is bigger than 3 countries uae, Kuwait and qatar

Gorem2013:
To know that Arehbesola was a fringe and Ac technician before Tinubu upgrade him speak volumes of the type of people - terrible ingrates in coalition

Just like Atiku did to Obj

I thought apc have sack him, allow him to enjoy nigeria constitution, freedom of association you people hate freedom and likes to answer sir sir avery day

Gorem2013:
To know that Arehbesola was a fringe and Ac technician before Tinubu upgrade him speak volumes of the type of people - terrible ingrates in coalition

Just like Atiku did to Obj

must avery one belong to one political party it's only in lagos am seeing this this a complete red flag