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The Story Of Nigeria’s King Of Money, Victor Okafor ‘Ezego’
Mention Victor Okafor and no one will twitch a muscle. But mention EZEGO, King of Money and you will see the eyes of many Nigerians light up with excitement. He would have been one of Africa’s billionaires.
He was fair-skinned, spoke softly and warm smiles danced on his chubby cheeks accentuated by a not-too-bushy moustache. He was relatively very young but as at that time, he was very well-known and duly respected in the Nigerian business society.
Chief Victor Nnamdi Okafor, the Eze Ego King of Money aka The Young Millionaire, the Igbo tycoon who died tragically at a time he was to be celebrating his birthday.A first son and a native of Uzoakwa, Ihiala in Anambra State, the late Ezego was born on the 25th of December, 1964.
Ezego’s story is often touted as one of the classic rags-to-riches stories in Nigeria. He had his primary school education at the Uzoakwa Primary School but he was forced to drop out in the secondary school, Abbot Boys’ Secondary School, Ihiala and eventually took to business.
His childhood was a very traumatic one and at a point, his own father reportedly disowned him when he was nabbed for being a member of a robbery gang that showed Onitsha traders hell on earth. While some of his fellow gangsters were caught and punished…
Ezego fled to Umumeni Village where his angry father was said to have driven him out. From there, he went to Umuduru, his mother’s village. However, things were not rosy for him at Umuduru and in 1989, he decided to move to Lagos where he joined a mentor.
What happened years after that remain shrouded in mystery but the next time the world would be hearing of Ezego, he was already a multimillionaire, one of the crème de la crème of Lagos. In Lagos, he set up a Shopping Complex on Allen Avenue there was also a branch in Abuja And Also the Ezego Plaza on the Murtala Muhammed International Airport Road. From these spots, he operated and controlled one of the biggest electronics store in Nigeria. His other companies were Vic-Winners International Limited, Ezego Nigeria Limited, Ezego Holdings Limited.
Ezego built houses, villas and mansions all over the country, one of which was an made of glass. All his real estate as at 1999 outside Ihiala was put at about half a billion naira. The expansive mansion that served as his country home in Ihiala was worth another N500 million. with the marble used for the walls imported from Italy. As at the time Ezego was alive, he had one of the largest private car garages in all of Africa. He loved cars and was always purchasing the latest ones stocking his garages at Ihiala and Lagos.
A car freak of the first class, his garage alone was valued at almost one billion naira. He once dropped N14 million to acquire just two posh cars: a Sedan Lincoln Continental Mark 8 and a Mercedes Benz R230 convertible from Moontrends, owned by Tayo Ayeni. Actually, as at the time of his death, he left behind countless state-of-the-art cars, 70 houses all over Nigeria and overseas and over N10 billion naira in his bank account.
The Senator representing Anambra South in the National Assembly, Ifeanyi Ubah, is dead.
Ubah, who was the Chief Executive Officer of Capital Oil, was said to have died in a hotel in London, the United Kingdom, on Saturday.
He would have been 53 on September 3.
Senate spokesperson, Yemi Adaramodu, confirmed Ubah’s death to our correspondent on Saturday.
He said, “It’s confirmed, but I am sending an official statement soon.”
Ubah, who was re-elected into the 10th Senate under the Young Peoples Party, had last year defected to the All Progressive Congress.
In September 2022, Ubah escaped assassination when he was attacked by gunmen on his way to Nnewi in Enugwu-Ukwu in Anambra State.
The Edo State House of Assembly, on Monday, impeached the state’s Deputy governor, Comrade Philip Shaibu.
The impeachment followed the adoption of the report of the seven-man investigative panel set up by the Assembly to probe allegations of misconduct against Shaibu.
The Olubadan of Ibadanland, Oba Lekan Balogun has joined his ancestors after a brief illness.
He joined his ancestors at the age of 81.
It was gathered that the late monarch was taken to the hospital Wednesday morning having stayed indoor throughout Tuesday on account of slight malaria fever, though, he was hail and hearty on Monday during which he personally received few guests that paid him congratulatory visits on his second year anniversary on that day.
Making this announcement was the Baba-Kekere Olubadan and his younger brother, Dr Kola Balogun in a statement by the Personal Assistant (Media) to the late monarch, Oladele Ogunsola.
According to the statement, Dr. Balogun disclosed that Oba Balogun would be buried at his Aliiwo ancestral home by 4.00pm on Friday according to Islamic rites just as he said that the State Governor Seyi Makinde, though already verbally informed, would be formally notified early in the morning.
The late Olubadan was the first most educated to have emerged as Ibadan monarch, a British trained P.hd holder, a former university lecturer, former member of management staff of Shell British Petroleum, former gubernatorial candidate of the defunct Nigeria People’s Party, NPP, former Senator and a successful business man.
His last official outing was the Olubadan Advisory Council’s meeting which he presided over last Saturday where the decision to derobed Mogaji Akinsola, Olawale Oladoja was taken.
He however, on Tuesday instructed the Ekerin Olubadan, Oba Hamidu Ajibade to midwife a small committee to deliberate on last Friday’s decision on what should be the position of Ibadan Zone in the proposed newly reconstituted Oyo State Council of Obas and Chiefs.
The decision of the small committee was earlier on Thursday ratified by the Olubadan Advisory Council at a meeting presided over by Otun Olubadan and the former governor of Oyo State, High Chief Rashidi Ladoja and was to be taken to the late Oba Balogun for his signature Friday morning so as to meet the deadline for submission to the state Commissioner for Local Government and Chieftaincy Matters later in the day.
The late Olubadan is survived by wives, children and grandchildren.
Announcing the passage of the monarch, Governor Makinde, in a statement, stated that Olubadan, who joined his ancestors late Thursday evening at the University College Hospital, UCH, Ibadan, described him as an epitome of royal excellence and a great achiever, who made great marks on Ibadanland in just a little over two years of his reign.
He expressed his condolences to the Olubadan-in-Council, the Oyo State Traditional Council and the people of Ibadanland and Oyo State, praying to God to grant repose to the soul of the deceased monarch.
Makinde said: “With total submission to the will of God, I announce the passing unto glory of our father, His Imperial Majesty, Oba Dr. Mohood Lekan Balogun, Alli Okunmade II, the 42nd Olubadan of Ibadanland.
“A mighty Iroko has fallen; Oba Dr. Balogun has joined the ancestors.
“In Kabiyesi, Ibadanland had a cosmopolitan and well-experienced Olubadan, who made indelible marks on the sands of history and achieved greatly within a short while.
“On behalf of the Government and good People of Oyo State, I condole with the immediate family of the Oba Dr. Balogun, the Olubadan-in-Council, the Oyo State Traditional Council and the people of Ibadanland.
“It is my prayer that God grants repose to the soul of our late monarch.”
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Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.
She has widespread experiences across different professions and skills, which includes experiences in; Marketing, Media, Broadcasting, Brand and Event Management, Administration and Management with prior stints at MTN, NAPIMS-NNPC, GLOBAL FLEET OIL AND GAS, LTV, Silverbird and a host of others
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