The Untold story Of Nigeria Richest Igbo Man
The Untold story Of Nigeria Richest Igbo Man
Good day schoolsbiz viewers today we will talk about the Nigeria Richest Igbo Man, Chief Dr. Orji uzor Kalu .It’s a general phenomenon that people like to count other people’s fortunes, we no different in this regard.And in this post, we will tell you all you need to know about the richest ignoring man alive. His background, his road to success, his involvement in the life of Igbo people, his multi-million naira estate his net worth and all you need to know about him
Orji Uzor Kalu was born in Aba, to Eunice Uzor Kalu (Odiokunamba) on April 21, 1960. His mother may have been raising him alone as there is no source that has certified who his father was, regardless, his mother was quite rich and influential on her own. Orji Uzor Kalu is notably one of the Nigerian billionaires that did not study abroad. He went to Christ the King Cathedral Secondary School in his hometown. After graduation, he attended Government College, Umuahia, and then studied at Barewa College, Zaria.
He, however, did not complete his education, so yes, Orji Uzor Kalu is one billionaire who is actually a university dropout. Here’s why he dropped out of school- He was more of partisan person and as such when the “Ali Must Go” riot erupted as a demonstration against the then education minister he actively participated and eventually got suspended in school as a result.
At that point, Orji Uzor Kalu realized that making money was more important than getting a degree, so he borrowed some money from his mom, and with #5000 in his pocket, he ventured to start his little business. He purchased palm oil somewhere in eastern Nigeria and sold it to the buyers in Northern Nigeria. It is important to note that he was only 19 years old when he became a businessman.
In the course of trading on palm oil, Kalu discovered that quality furniture was a thing of luxury in the north and was imported from abroad. Sensing an opportunity, he began sourcing for quality furniture in the east (Aba to be precise) and reselling them in Maiduguri. Before long, the breakthrough came and he abandoned oil palm trading; focusing instead on furniture trading.
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As business progressed, Orji Uzor Kalu ventured into the manufacturing of the same furniture he was trading on. Within that same period of time, Kalu was granted pardon and the suspension was lifted by the school authority. But Kalu rejected the amnesty on grounds that not all the student activists were granted a pardon. Orji Uzor was quoted as saying:
“All of us in the students’ union leadership collectively agreed to embark on the demonstration against the university authorities. When the crises went out of control, the university senate decided to rusticate all of us. Some students went to court to contest the rustication, but I preferred to start trading while waiting for a general reprieve for everybody. But in classical divide-and-rule tactics, the authorities decided to pardon some of us who didn’t go to court and left out some of the others. This was unacceptable to me because it smacked of betrayal of the colleagues in the students’ leadership if I accepted the offer. So, I rejected the pardon on principle.”Nigeria Richest Igbo Man
As he has proven himself to be a successful businessman, he created a conglomerate called Slok Group, which now includes a paper factory, an airlines company, a publishing house, a bank, a furniture company, an oil plant and branches in a lot of countries all over the world (UK, US
This situation alone proved that Orji Uzor possessed the true spirit of leadership and from this humble beginning; he expanded his business and became a conglomerate.
His company, Slok Group comprise of:
- Ojialex Furniture Company
- Slok Nigeria Limited
- Slok United Kingdom Limited
- Adamawa Publishers Limited
- Slok Vegetable Oil, Aba
- Slok Paper Factory Aba
- Slok United States Incorporated
- Slok Ghana, Togo, Cotonou, Guinea, South Africa, Liberia, Botswana
- Slok Korea
- Supreme Oil Limited
- Slok Airlines
- Sun Publishing Limited
- The First International Bank Limited, Banjul, The Gambia and so on.
He also made a sizeable amount of money in the early ’80s from the contracts he was awarded by the Nigerian military government to import and supply arms and ammunition to the country’s military and defense forces.He became the governor of Abia State in 1999 and held the office till 2007.
His net worth
Orji Uzor Kalu’s net worth recently took a devastating plunge from $1billion to $330million as an effect of weakness in the oil business and a drop in real estate prices.
Kalu’s success in business has been attributed to his ability to recognize opportunities around him. In an interview granted, he said:
A good businessman must have a nose for business the same way a journalist has a nose for news. Once your eyes, ears, nose, heart, and brain are trained in business, you sniff business opportunities everywhere. In places where people see a lot of obstacles, I see a lot of opportunities. At times, there is something instinctive in me that tells me a business opportunity exist even at a place where others see nothing. That is what makes me different, maybe unique. A good businessman sees where others don’t see. What I see, you may not see. You cannot see because that is the secret of the business… the entire world is a big market waiting for anybody who knows the rules of the game.” – Orji Uzor Kalu
“Behind every adversity is an opportunity. If you lament over the adversity, you will miss the opportunity.” – Ajaero Tony Martins
- In recognition of his outstanding achievements, leadership skills, and positive ambition, he has been adorned with numerous awards. At the age of 26, he became the youngest Nigerian to be given a National Merit Award (MON) by President Ibrahim Babangida in 1986.
- He is also a recipient of the Nigeria Chamber of Commerce industrialist of the year, Humanitarian Award by Humanitarian Club of the University of Nigeria, Nsukka; Volunteer Award by the International Association of Volunteers; and the National Merit Award. Others include Youngest Bank Chairman Award, Special Award by the European Union in Brussels, Belgium; the prestigious Leon Sullivan Award by the World Bank.Nigeria Richest Igbo Man
- He was also a one time Executive Governor of Abia state, Nigeria and a presidential aspirant. To further silence his critics who call him an illiterate, he obtained a degree from the Abia State University. He holds a Certificate in Business Administration from the Harvard University, USA and also an Honorary Doctorate Degree from the Universities of Maiduguri and Abia State University.
The life and business ethics of Orji Uzor Kalu is really worth understudying. Here is a man drove by ambition and drive to maximize opportunities. Kalu is an entrepreneurial model worth emulating. If only the world can be filled with men who see opportunities instead of problems, it will be a better place.
Nigeria Richest Igbo Man And The Njiko Igbo movement
Kalu is involved with the Njiko Igbo Movement, whose purpose is to help secure the presidential seat for a Nigerian citizen of Igbo extraction; an Igbo has only held the presidency for six months since Nigeria’s independence.
The movement has branches and support groups throughout the diaspora. Kalu launched the organization together with former Nigerian Senator Emmanuel Onwe, a human rights advocate and lawyer earlier based in the United Kingdom.
personal life of Nigeria Richest Igbo Man
Kalu married Ms. Ifeoma Ada Menakaya in December 1989, the got married in his hometown of Igbere, Abia State
400-room estate owned by the Nigeria Richest Igbo Man
Named after his daughter Neya Uzor Kalu, the huge estate which comprises of several units of eye-popping buildings and other exotic structures was built in 1998 at Uzor Kalu’s hometown of Igbere Bende LGA in Abia State. IGTV reports that Camp Neya which is in a world of its own houses over 400 rooms comprising:
- – over 36 jumbo sized sitting rooms
- – 12 room presidential lodge
- – Governor’s lodge for all the 36 states and FCT
- – A 5000 capacity conference hall
- – a banquet hall
- – a Karaoke hall
- – 22 Kitchens
- – 102 toilets
- – 76 Bathrooms
- – 187 bedrooms
- – a golf course
- – a football pitch
- – an Olympic sized swimming pool
- – one indoor swimming pool
- – basketball court
- – lawn tennis court
- – sports center
- – a church
- – a mosque
- – a bush bar
- – a filling station
- – ATM machines
- – a clinic
- – children’s recreation center
- – an ICT center
- – several gardens
- – a police post
- – a military detachment.
See pictures below
See the list of chieftaincy Title received by the Nigeria Richest Igbo Man alive, Dr. Orji uzor kalu.
Chief Dr Orji Uzor Kalu has over 200 traditional titles to his honour and several books to his credit.
Some of the titles are:
• AHAEJIAGAMBE OF IGBERE
• TUKURAN GWANDU
• ZANNA MU’AMALAM OF DIKWA
• BANNA ZAKI OF LAPAI
• KACHALLA MISAU
• KACHALLA BIU
• BARDEN MATASAN KEBBI
• MMILI NYILI ENYI OF NRI KINGDOM
• ARO OF OGBOMOSOLAND
• KOLO OF BORNO
• AARE BAALORO OF ISOLO
• AGUNECHE ABIA
• AKU ZURU IGBO OF EZIAMA, IMO STATE
• ODEZULUIGBO OF NNOKWA, ANAMBRA STATE
• ISIBUIGBO OF ATTA IMO STATE
• OMENANWATA OF IGBOLAND
• ASHIPA SERIKIN MAYEGUN OF IBADAN
• BABA METU OF IKARE, EKITI
• GARKUWAN KANO
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