tuzle:
How is this news? And why are we celebrating this

ihesiuloa:

Don't mind that fellow shouting and praising NPA boss without having any prior knowledge about the happenings around! Come to Lagos port being the premier port and find out how a vessel spends days if not weeks for a discharging and loading meant for 1 or 2 days.. In China this is few hours job with gantries that can discharge 5000 containers in hours.

Cosbyrich:


Is this all you have got,poor soul?
Only Alakija will buy up Igboland and all the audio billionaires you claimed you have.

NGpatriot:



You can do better because I've heard your brand of conspiracy theories, baseless rubbish and insinuations before. Where is the sense in saying people ganged up to deny that region anything when in fact the same people you blame for the gang up are the ones revertilizing and making the same ports functional after decades of neglect and decay perpetuated by the administrations before them.

And going by your illogical and insane logic, you mean GEJ the son of the soil and the PDP in their 16 years in government were part of the gang up and conspiracy to sabotage the ports in the East?

Hatred and bitterness don block away common sense from many of you because you hardly make sense.

Cosbyrich:
lol
You hit him where it hurts.Ouch!

NGpatriot:



The dude is very crooked and fraudulent, he's in full troll be mode right now with worthless ipob stats that doesn't change the fact that his SE states are poor and wretched.

adadike:
Ask her to dare. You are not even ashamed of yourself. Hiding behind wrapper as usual. Yoruba women feeding Yoruba men since 1600

NGpatriot:



The dude is very crooked and fraudulent, he's in full troll be mode right now with worthless ipob stats that doesn't change the fact that his SE states are poor and wretched.

Cosbyrich:




YORUBAS HAVE BEEN DOING REAL BUSINESS BEFORE IGBOS OPEN EYE .



It is not difficult to imagine that the richest man in Africa, Aliko Dangote, wakes up in Africa, has his breakfast in Asia, lunch in Europe, dinner in America and sleeps in Australia.

You may also conjure the image of the richest woman on the continent, Folorunso Alakija, attending a conference in North America, meeting with female entrepreneurs in Africa, signing a multimillion-dollar deal in South America, going shopping in Asia, and attending a wedding party in Antartica.

The duo may be the richest man and woman on the continent today, but Nigeria’s ability to create billionaires did not start today. Before Dangote and Alakija, the likes of Da Rocha, Ojukwu, etc. were known for their fame and fortune.

Just for this thread, I am picking out only the Yoruba business people because they have the largest number.


Candido Da Rocha (1860 – 1959)

Candido Da Rocha was a Nigerian born in Brazil. Upon his return to Nigeria with his father, Esan Da Rocha, he made a fortune that has today become the subject of fact and fiction.

Da Rocha was unlike Evander Wall – both were born in 1860 – who became a millionaire at 18 and a multimillionaire at 22, when he inherited a million dollars from his father and grandfather respectively.

An extravagant showman, Wall bought 5,000 neckties and 300 pairs of gloves. He was the first man in America to wear a tuxedo. He was reported to have changed his outfit 40 times in a single morning.

Considered a millionaire, Da Rocha too had dozens of clothes and he could afford to send his dirty clothes to the laundryman in the United Kingdom – which he did for many years.

Shrewd and forthright, the first Nigerian millionaire was not given to unnecessary platitudes and politicking.

“His friend Herbert Macaulay persuaded him to join politics. On a particular day when he was addressing would-be voters, he simply told them that he was seeking their votes to represent them. He made it clear that he would not use his wealth to get their votes.


At the end of the day, he didn’t win,” his 90-year-old granddaughter, Mrs. Angelica Oyediran, told SUNDAY PUNCH.

How wealthy was Da Rocha?

“I can’t put a figure to it. However, I can tell you that Papa was so rich that he assisted many people in the society. He supported the government during the Second World War. He also supported the Catholic Church. When the Holy Cross Cathedral was built, he paid for the building of three chapels. The British respected him a lot. He was highly respected; a disciplined man who hated dishonesty and lying. I lived with him in this house for three years. I was very close to him. He loved me and I was fond of him,” the granddaughter explained.



Describing Da Rocha’s generosity, she said, “People would come to him, crying, requesting financial assistance; from the balcony, asking how much they needed, he would throw down the money to them.”

Da Rocha became a water merchant, selling water from the house (he inherited from his father, Esan Da Rocha) – famously called Casa d’Agua or water house. Da Rocha would later venture into real estate and the hospitality business. He opened The Restaurant Da Rocha, Bonanza Hotel, and Sierra Leone Deep Sea Fishing Industries Ltd. He also went into a partnership with two other businessmen, J. H. Doherty and Sedu Williams, to establish the Lagos Native Bank.


Timothy Odutola (1902-1995)

On March 25, 1943, the man who later became arguably the most respected politician and strategist in Nigeria, Chief Obafemi Awolowo, requested a loan of £1,400 from Timothy Odutola.

The loan, according to Awolowo, would be fully paid in 12 years. He did not get the loan. But, the duo would later form a strong political alliance in the old Western Region.

Stupendously rich, Odutola was the first president of the Manufacturers Association of Nigeria. He was reported to have established a multimillion-dollar business, including three factories, a retail franchise, a cattle ranch and a sawmill before 1960.

Before his breakthrough, he worked as a clerk in various departments of the Lagos Colony and in the Ijebu Native Administration between 1921 and 1932.

By 1932, he opened stores where he sold damasks and fish in various cities in the Western Region; and later, he began trading in cocoa and palm oil.

An enterprising man, he also dealt in sawmilling and gold mining. By 1967, he had begun production of tyres and tubes which did so well that he added a $1,700,000 plant, with the plan to harvest his own rubber from his 5,000-acre plantation.

“The time is coming when we will produce more than we can consume and we will have to look outside Nigeria for markets,” Odutola had once said.

Prior to his death, however, he might have been less optimistic, as he watched Nigeria’s political and economic growth take a turn for the worse under the jackboot of maximum ruler, Gen. Sani Abacha.



Sir Mobolaji Bank-Anthony (1907-1991)

Businessman and philanthropist, he was a former council president of the Lagos Stock Exchange. He was also a minority investor in Aero Contractors and at a time held the distributional rights to cars manufactured by Rootes Group.

Between 1923 and 1930, he worked as a junior clerk in the correspondence section of the Post and Telegraphs Department. By 1931, he went into business, travelling to Germany and England to study how to make palm oil. Following that, he established M. de Bank Brothers, to trade in palm oil and patent medicine.

After sometime, he began importing watches, clocks and pens – at a point, becoming the third largest seller of fountain pens in Nigeria after UAC and the United Trading Company. He also owned a tanker fleet and a charter airline.

He was one of the earliest Nigerians to become chairman of a European company in 1950 – he was the chairman of the Italian Construction firm, Borini Prono and Company. He was also a director of Mobil Oil and Friesland Foods back then.



Shafi Edu (1911–2002)

In 1965, TIME magazine named Shafi Edu one of Nigeria’s richest men. Along with Talabi Braithwaite, he co-founded the first indigenous insurance company in the country. He had shares in big companies like Bata, Alumaco, Wiggins Teape, BP (formerly British Petroleum), Lever Brothers and Nigerian Breweries.

Edu was the first president of the Lagos Chamber of Commerce and the Lagos Rotary Club.

At 54, he had built a fleet of eight oil tankers. He was also on the boards of Blackwood Hodge Nigeria, Haden Nigeria, Glaxo Nigeria and the Federal Industrial Loans from 1954 to 1959.

He was elected into the old Western Region’s House of Assembly in 1951, and was later nominated to represent Epe at the Federal House of Representatives.




Ade Tuyo

Born in 1902, he was described as Nigeria’s most prominent baker in the mid-1960s. Featured in Time magazine’s list of millionaires in Nigeria in 1965, Tuyo at the time had four outlets and was making 115 products. According to the magazine, he was running a business that would have “first priority in people’s spending.”

“The firm’s unusual name – De Facto Works Ltd. – was shrewdly chosen by Tuyo to impress Nigerian bankers with the fact that he was seriously in business,” it said.

Trained as a teacher, Tuyo left the profession to work for 24 years in the Nigerian Railway Corporation, the British Bank of West Africa and the Ministry of Commerce. He retired in 1953.

The bakery was started by his wife. After his retirement, he took over the catering business. By 1969, his bakery service was the largest in the country.

Talabi Braithwaite (1928–2011)

Regarded as one of Nigeria’s youngest businessmen of his time, Talabi Braithwaite left a British insurance company to found a firm that would write life insurance on Nigerians which the British underwriters avoided like the plague. So successful was he that his African Alliance Insurance Co. Ltd occupied a six-storey office and had 300 bush-beating agents. Braithwaite lived in an elegant house in Ikoyi.

He was the first African to pass the examination to become an associate of the Chartered Insurance Institute, London in 1951. Braithwaite, in 1960, advised the government of the Western Region as a risk consultant when it formed the Great Nigeria Insurance Company. Between 1963 and 1966, he served as the first indigenous president of the Insurance Institute of Nigeria. He was also first president of the Nigerian Corporation of Insurance Brokers for 16 years, starting in 1963.

In 1969, he became an underwriting member of Lloyd’s of London, and from 1970 he started underwriting on the Merrett Syndicate.




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

donproject:


Do you still want to add lies to your problem, go and read your first comment for a refresher, you shock me bro.

Talking about the finisher of hate...do you want me to show you my own statistics I make on NL. The most common words on this forum (comment section) are "igbo amaka", "afonjas" and "brown roof", what does this imply? Whenever there is a thread about bad side of igbos, it takes long before you see Yorubas commenting. But any bad stories about Yoruba will quickly attract hate comments. I do data science and ML (if you know what these mean) and I have these raw facts with me.

Even within the so-called igbo east, Anambra is not so liked by many other states within the region, that shows the level of hatred Igbo group sometimes display. I have evidences if you want them. I love igbo people myself, but if any idiotic prat thinks he can get to my tribe by making derogatory comments, that's where I raise eyebrow.

NGpatriot:
[s][/s]



Go away with your hatred, bitterness, anger and bad bele.

I understand that this development is driving you nuts, but I can not help you with such madness.

Cosbyrich:




YORUBAS HAVE BEEN DOING REAL BUSINESS BEFORE IGBOS OPEN EYE .



It is not difficult to imagine that the richest man in Africa, Aliko Dangote, wakes up in Africa, has his breakfast in Asia, lunch in Europe, dinner in America and sleeps in Australia.

You may also conjure the image of the richest woman on the continent, Folorunso Alakija, attending a conference in North America, meeting with female entrepreneurs in Africa, signing a multimillion-dollar deal in South America, going shopping in Asia, and attending a wedding party in Antartica.

The duo may be the richest man and woman on the continent today, but Nigeria’s ability to create billionaires did not start today. Before Dangote and Alakija, the likes of Da Rocha, Ojukwu, etc. were known for their fame and fortune.

Just for this thread, I am picking out only the Yoruba business people because they have the largest number.


Candido Da Rocha (1860 – 1959)

Candido Da Rocha was a Nigerian born in Brazil. Upon his return to Nigeria with his father, Esan Da Rocha, he made a fortune that has today become the subject of fact and fiction.

Da Rocha was unlike Evander Wall – both were born in 1860 – who became a millionaire at 18 and a multimillionaire at 22, when he inherited a million dollars from his father and grandfather respectively.

An extravagant showman, Wall bought 5,000 neckties and 300 pairs of gloves. He was the first man in America to wear a tuxedo. He was reported to have changed his outfit 40 times in a single morning.

Considered a millionaire, Da Rocha too had dozens of clothes and he could afford to send his dirty clothes to the laundryman in the United Kingdom – which he did for many years.

Shrewd and forthright, the first Nigerian millionaire was not given to unnecessary platitudes and politicking.

“His friend Herbert Macaulay persuaded him to join politics. On a particular day when he was addressing would-be voters, he simply told them that he was seeking their votes to represent them. He made it clear that he would not use his wealth to get their votes.


At the end of the day, he didn’t win,” his 90-year-old granddaughter, Mrs. Angelica Oyediran, told SUNDAY PUNCH.

How wealthy was Da Rocha?

“I can’t put a figure to it. However, I can tell you that Papa was so rich that he assisted many people in the society. He supported the government during the Second World War. He also supported the Catholic Church. When the Holy Cross Cathedral was built, he paid for the building of three chapels. The British respected him a lot. He was highly respected; a disciplined man who hated dishonesty and lying. I lived with him in this house for three years. I was very close to him. He loved me and I was fond of him,” the granddaughter explained.



Describing Da Rocha’s generosity, she said, “People would come to him, crying, requesting financial assistance; from the balcony, asking how much they needed, he would throw down the money to them.”

Da Rocha became a water merchant, selling water from the house (he inherited from his father, Esan Da Rocha) – famously called Casa d’Agua or water house. Da Rocha would later venture into real estate and the hospitality business. He opened The Restaurant Da Rocha, Bonanza Hotel, and Sierra Leone Deep Sea Fishing Industries Ltd. He also went into a partnership with two other businessmen, J. H. Doherty and Sedu Williams, to establish the Lagos Native Bank.


Timothy Odutola (1902-1995)

On March 25, 1943, the man who later became arguably the most respected politician and strategist in Nigeria, Chief Obafemi Awolowo, requested a loan of £1,400 from Timothy Odutola.

The loan, according to Awolowo, would be fully paid in 12 years. He did not get the loan. But, the duo would later form a strong political alliance in the old Western Region.

Stupendously rich, Odutola was the first president of the Manufacturers Association of Nigeria. He was reported to have established a multimillion-dollar business, including three factories, a retail franchise, a cattle ranch and a sawmill before 1960.

Before his breakthrough, he worked as a clerk in various departments of the Lagos Colony and in the Ijebu Native Administration between 1921 and 1932.

By 1932, he opened stores where he sold damasks and fish in various cities in the Western Region; and later, he began trading in cocoa and palm oil.

An enterprising man, he also dealt in sawmilling and gold mining. By 1967, he had begun production of tyres and tubes which did so well that he added a $1,700,000 plant, with the plan to harvest his own rubber from his 5,000-acre plantation.

“The time is coming when we will produce more than we can consume and we will have to look outside Nigeria for markets,” Odutola had once said.

Prior to his death, however, he might have been less optimistic, as he watched Nigeria’s political and economic growth take a turn for the worse under the jackboot of maximum ruler, Gen. Sani Abacha.



Sir Mobolaji Bank-Anthony (1907-1991)

Businessman and philanthropist, he was a former council president of the Lagos Stock Exchange. He was also a minority investor in Aero Contractors and at a time held the distributional rights to cars manufactured by Rootes Group.

Between 1923 and 1930, he worked as a junior clerk in the correspondence section of the Post and Telegraphs Department. By 1931, he went into business, travelling to Germany and England to study how to make palm oil. Following that, he established M. de Bank Brothers, to trade in palm oil and patent medicine.

After sometime, he began importing watches, clocks and pens – at a point, becoming the third largest seller of fountain pens in Nigeria after UAC and the United Trading Company. He also owned a tanker fleet and a charter airline.

He was one of the earliest Nigerians to become chairman of a European company in 1950 – he was the chairman of the Italian Construction firm, Borini Prono and Company. He was also a director of Mobil Oil and Friesland Foods back then.



Shafi Edu (1911–2002)

In 1965, TIME magazine named Shafi Edu one of Nigeria’s richest men. Along with Talabi Braithwaite, he co-founded the first indigenous insurance company in the country. He had shares in big companies like Bata, Alumaco, Wiggins Teape, BP (formerly British Petroleum), Lever Brothers and Nigerian Breweries.

Edu was the first president of the Lagos Chamber of Commerce and the Lagos Rotary Club.

At 54, he had built a fleet of eight oil tankers. He was also on the boards of Blackwood Hodge Nigeria, Haden Nigeria, Glaxo Nigeria and the Federal Industrial Loans from 1954 to 1959.

He was elected into the old Western Region’s House of Assembly in 1951, and was later nominated to represent Epe at the Federal House of Representatives.




Ade Tuyo

Born in 1902, he was described as Nigeria’s most prominent baker in the mid-1960s. Featured in Time magazine’s list of millionaires in Nigeria in 1965, Tuyo at the time had four outlets and was making 115 products. According to the magazine, he was running a business that would have “first priority in people’s spending.”

“The firm’s unusual name – De Facto Works Ltd. – was shrewdly chosen by Tuyo to impress Nigerian bankers with the fact that he was seriously in business,” it said.

Trained as a teacher, Tuyo left the profession to work for 24 years in the Nigerian Railway Corporation, the British Bank of West Africa and the Ministry of Commerce. He retired in 1953.

The bakery was started by his wife. After his retirement, he took over the catering business. By 1969, his bakery service was the largest in the country.

Talabi Braithwaite (1928–2011)

Regarded as one of Nigeria’s youngest businessmen of his time, Talabi Braithwaite left a British insurance company to found a firm that would write life insurance on Nigerians which the British underwriters avoided like the plague. So successful was he that his African Alliance Insurance Co. Ltd occupied a six-storey office and had 300 bush-beating agents. Braithwaite lived in an elegant house in Ikoyi.

He was the first African to pass the examination to become an associate of the Chartered Insurance Institute, London in 1951. Braithwaite, in 1960, advised the government of the Western Region as a risk consultant when it formed the Great Nigeria Insurance Company. Between 1963 and 1966, he served as the first indigenous president of the Insurance Institute of Nigeria. He was also first president of the Nigerian Corporation of Insurance Brokers for 16 years, starting in 1963.

In 1969, he became an underwriting member of Lloyd’s of London, and from 1970 he started underwriting on the Merrett Syndicate.




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

post=92891259:

Dumbo

MsAllison:
[s][/s]
claptrap and stupid trash

Cosbyrich:



Okay Akindele that owns fairgate group in UK worth more than a billion pound sterling might buy Igboland and give to Cameroon for proper tutelage.

NGpatriot:
[s][/s]



You're wasting your worthlessness time on me with your worthless and meaningless stats.

Your cash rubbish means nothing, it doesn't change the fact that the SE is the poorest and economically irrelevant region in Nigeria.

post=92892236:

Face of sadist, I know you are pained over Onne Port development, just working for your small change for BMO, I understand.

NGpatriot:
Best NPA Boss in the history of NPA

A true PATRIOT.

Thank you for what you do and God bless you.

Cosbyrich:
Poor people do not buy land.You are our labourers in Lagos.

Cosbyrich:

Igbos are the poorest in the South-World bank,UNDP,NBS.


Yorubas are the richest in Nigeria-World bank,UNDP,NBS.

Labourers do not buy anything but used and trashed.