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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
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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 ![]() Oya yorubas arise and switch into ur Igbo monikers and bash other Nigerians. ![]() 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: 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
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Re: Remembering Igbo First Nigerian Millionaire by goodnessme1(f): 8:57pm On Mar 12, 2019 |
freedomforall30: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
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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: 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: You are qoating Wiki ![]() 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
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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:You are qoating Yoruba newspaper ![]() |
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 ![]() ![]() ![]() 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 ![]() ![]() 7 Likes 2 Shares |
Re: Remembering Igbo First Nigerian Millionaire by BeautifulMind2: 10:01pm On Mar 12, 2019 |
kayfra:Even Punch you qoated acknowledged Ojukwu as first Nigeria Billionaire ![]() 1 Like
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Re: Remembering Igbo First Nigerian Millionaire by kayfra: 10:01pm On Mar 12, 2019 |
BeautifulMind2: Da Rocha that did his laundry in London all the way from Lagos. Don't mess with your boss ![]() Money yapa ![]() 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: You replaced M with B 419 somebody ![]() 3 Likes 1 Share |
Re: Remembering Igbo First Nigerian Millionaire by meccuno: 10:03pm On Mar 12, 2019 |
deomelo: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: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: 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 ![]() 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 ![]() 3 Likes 1 Share |
Re: Remembering Igbo First Nigerian Millionaire by BeautifulMind2: 10:13pm On Mar 12, 2019 |
kayfra:Otondo so doing his laundry in London makes him then Nigeria richest man ![]() |
Re: Remembering Igbo First Nigerian Millionaire by kayfra: 10:14pm On Mar 12, 2019 |
slivertongue: 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 ![]() 2 Likes 1 Share |
Re: Remembering Igbo First Nigerian Millionaire by BeautifulMind2: 10:15pm On Mar 12, 2019 |
kayfra: 1 Like
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Re: Remembering Igbo First Nigerian Millionaire by kayfra: 10:15pm On Mar 12, 2019 |
BeautifulMind2: Na overskill now. The money too plenty ni ![]() |
Re: Remembering Igbo First Nigerian Millionaire by Positivepoint(m): 10:16pm On Mar 12, 2019 |
obinnaokeke225: 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: 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. ![]() ![]() ![]() ![]() |
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. Nigerians sabi ibo people well well.. ![]() ![]() 5 Likes |
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