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.

Ezego reportedly ran into a damaged portion of the road while he was going down a steep slope and all of a sudden, he stepped on the brakes. The driver of the Cherokee behind him was caught unawares and as he was not even prepared for the sudden stop he suddenly rammed the Cherokee into Ezego’s shiny Lexus, sending the millionaire tumbling down a deep ditch by the roadside. It must however be noted that there are some other slightly different accounts of precisely how the accident happened. Other reports stated that it was actually the towing chain between the two jeeps that snapped, thus forcing the Cherokee at the rear to ram into Ezego’s Lexus making him lost control and plunging into that horrible ditch.