Mike Adenuga (The Bull) @ 71: Deconstructing the Nigerian colossus

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Mike Adenuga (The Bull) @ 71: Deconstructing the Nigerian colossus
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If he looks big, thinks big, does big, sounds big, then, smells big, he must be the Big Bull, Otunba Mike Adenuga, GCON. This enigmatic business tycoon of our time is someone who has enjoyed wide coverage, especially on the occasions of his birthday anniversaries. This is in spite of his rather reclusive personal positioning. If you see the dailies and tabloids blown up in volumes, do not be alarmed. Rather, check the date and you will find it is April 29.

Otunba Michael Adeniyi Agbolade Ishola Adenuga Jr GCON, CSG, born 29 April 1953, remains the richest Yoruba man dead or alive, home and away! His company Globacom is one of Nigeria’s largest telecom operators, with presence in Ghana, Côte d’Ivoire and Republique du Benin. He also owned stakes in the former Equitorial Trust Bank and the oil exploration firm Conoil . His business interests also extend to real estate, construction and other lighter enterprises.

Adenuga made his first million in 1979, at age 26, selling lace and distributing soft drinks. He even delved into commodity trading. His big breaks came in 1990 when he received a drilling licence. In 1991, his Consolidated Oil company struck oil in the shallow waters of south-western Ondo state, making him the first indigenous oil company to do so in commercial quantity. He was issued a conditional GSM licence in 1999.

The personal lifestyle of Mike Adenuga is loudly low-profile and un-obstructive. He loves his privacy and family to the extent that he eschews partisan politics and non-essential socialising. He is deeply devout of his close-knit family. To this extent, he is a complete enigma and close to reclusive.

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thecableng /  🏆 2. in NG

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