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Adenuga: 71 Years of Unrivalled Philanthropy and Endless Empowerments

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By Gabriel Oguntola

One of Africa’s richest men and Chairman of Nigeria’s telecommunications Company, Globacom Dr. Michael Adenuga Jr is 71 years old. Happy Birthday to the great philanthropist and entrepreneur par excellence.

The quiet billionaire learnt early from the famous saying of Walt Disney who posited that”The way to get started is to quit talking and begin doing”.

Adenuga from onset has always been reticent.  He does his things quietly and runs his businesses without seeking attention. He transitioned from running family business, after schooling in the United States to starting his businesses and moving into the top league in Nigeria without noise.

He became a billionaire in his thirties to the consternation and surprise of Nigerians. Such is the style of the man that has come to be known for his smartness and ingenuity. He is always one step ahead, hence his success across all sectors of the economy.

Today, he plays in all the vital sectors of the nation’s economy. From Banking to Telecoms, Oil and Gas as well others that are not known to the public. He employed thousands of Nigerians, and he empowers many others through endless philanthropy.

We cannot count the number of Nigerians that has benefitted from Adenuga’s generosity. They are always done quietly, and most times beneficiaries are warned not talk about it.

Few years ago, he donated 500million to Baylesa State after the state was ravaged by flood, he donated N1.5 billion during Covid pandemic to Federal Government, 1 million dollars was also donated to Super Eagles after winning nations Cup in south Africa to mention a few.

By the age of 50, he founded Globacom while his other companies were founded between early thirties and 40. He became a billionaire at 35 and by his 51st birthday Dr. Adenuga was already sitting atop what is generally regarded as one of the continent’s largest business empires.

In each of these sectors, Dr. Adenuga has moulded his companies into major players. In the oil and gas sector, for instance, Conoil Producing, the upstream arm of the conglomerate, made history by becoming the first Nigerian company to strike oil and produce it in commercial quantity. Same was the case when he had two banks, Equatorial Trust Bank and Devcom Merchant Bank that were among top ones in the country.

In telecoms, Globacom remains the most innovative network in Nigeria, with many firsts since it rolled out services in 2003. His investment in real estate is said to be worth over billions of dollars. These companies provide direct employment to thousands of Nigerians and other nationalities.

His contribution to the business across the world and endless philanthropy has been recognized in different countries including Nigeria, where he holds the highest civilian honour of Grand Commander of the Order of the Niger (GCON) and in Ghana, he was awarded the highest civilian honour of Companion of the Star of Ghana (CSG).

French President, Emmanuel Macron also honoured him with the highest National honour of France, ‘Chavalier de la Legion d Honnuer”. Macron commended Adenuga for his promotion of the French culture in Nigeria where he single-handledly rebuilt the Allance Francaise, Lagos located at the Mike Adenuga Centre Ikoyi.

City People magazine, Nigeria’s King of soft –sell in 2022 captured Dr Adenuga lifestyle thus:

He works round the clock. He is always thinking of the next possible business deal. He is always looking for the next deal to close. He was one of the businessmen who saw the role Data was going to play in our lives and went for a Telecoms license earlier.  Today, the rest is history. He is now the Grandmaster of Data.

Mike Adenuga is one of the Bigger Boys in the world of business. He knows the Game. He plays the game. He is adept at it. He knows the principle of winning. He has set his own rules. He has his own winning formula, which has worked for him over the last 40 years. Though he is from Ijebu Igbo, he was born and bred in Ibadan. He will always tell all who cares to listen that he is an Ibadan Boy. He is a product of Ibadan Grammar School. He has a breathtaking house in Ibadan. That is where he often stays when he needs to relax or unwind. Many often wonder whether he relaxes or not. Yes. He does.

City People can authoritatively reveal that though Mike Adenuga is a great Philanthropist and one of the biggest spenders when it comes to helping other people, he does not like the recipients of his largesse to tell the world whatever kind of help he has rendered. Once he touches your life, you are made forever. But the Golden rule for you to keep getting more support from him is for you to keep mum”.

 

Former President Buhari, few years ago while speaking about Dr. Adenuga on his Birthday said, “Apart from creating jobs through entrepreneurship, Adenuga’s contribution to the development of sports and the entertainment industry had remained remarkable. These sectors of the economy had continued to provide lifelines for many, and inspiring ingenuity and creativity. His exploration and encouragement of youth entrepreneurship in the country would always be remembered, while his penchant for helping the less privileged through scholarships and healthcare financing deserves more commendations”.

Happy 71st Birthday to Dr. Adenuga.

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Personality in Focus

Runsewe Bags ‘Pillar of Nigerian Tourism and Culture’ Award

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Former Director General of the National Council for Arts and Culture (NCAC) and the Nigerian Tourism Development Authority (NTDA), Otunba Segun Runsewe, has bagged the award of Pillar of Nigerian Culture and Tourism.

The award was conferred on him by the Association of Nigerian Journalists and Writers of Tourism (ANJET), the umbrella body for Nigerian travel press, on Thursday, October 23 at a colourful ceremony held at the prestigious Sheraton Lagos Hotel and Towers.

He was among some distinguished Nigerians from public and private sectors, including the former Nigerian Minister of Tourism and Culture, Ambassador Frank Ogbuewu, who were honoured for their contributions to the growth and development of Nigerian tourism.

Other distinguished Nigerians conferred with awards were: Otunba Wanle Akinboboye (Foremost National Tourism Builder and Creative Mind), Mr. Jemi Alade (National Trailblazer in Inbound Tour Operation) Engineer Tarzan Ganiyu Shekoni Balogun (National Icon in Tourist Boat Operations and Water Transportation), Mr. Nkereuwem Onung (Icon of Consistency and Resilience in National Tourism Leadership), and Chief Abimbola Bode-Thomas (Hospitality and Tourism Management Amazon).

Speaking on the award conferred on Runsewe and the other awardees, the President of ANJET Mr. Okorie Uguru said the awards aim to promote the culture of service to the people, and also showing appreciation to those who have served the nation with distinction while holding public office.

He said: “It is not about celebrating those who are serving the country now, but showing appreciation to those who have served in the past, to challenge current political office holders to put in their best.

“The individuals and distinguished Nigerians we are honouring are among the people that built the visibility and growth the tourism industry is enjoying today… They have contributed, and are still contributing to the sector.

“As holders of institutional memories and archivists of this industry, we know the roles they have played and are still playing in the development of the Nigerian tourism industry. That is why years after some of our awardees have left public offices, we still call them to bestow this honours.”

While receiving the award, Runsewe lamented the inability of Nigeria to take tourism seriously. He said: “I stopped talking for some time because there are too many talks in tourism, there is no action. We come; we speak big English and go back. Today, I am going to reveal two or three things. The last time I came out was to speak to the new executives of the Federation of Tourism Associations of Nigeria (FTAN). For me, I am almost tired of talking, because there is no action.

“Let me first of all thank Ambassador Ogbuewu today. He said he does not want to come, so I urged him to come. It is only the living that can be celebrated. Let us thank God that during our lifetime, we are being celebrated. It is not everybody that has that opportunity.

“I can stand anywhere and talk about this industry. I do not need a book.

“Ambassador Ogbuewu you would recollect that President Obasanjo took your very good self, led a delegation to Trinidad and Tobago. That was the day Obasanjo made a statement, he said ‘I going to stand on the existing protocol’. That was the first time they heard that English. The then president of Trinidad asked, ‘what is he talking about.’ That is a tourism brand.

“People do not understand tourism yet. People think it is only about moving from one place to the other. No. Let me reveal a few things: how many of us know the late Pastor T.B. Joshua. T.B. Joshua was selling religious tourism and nobody keyed into it? When T. B. Joshua was having his conference in Nigeria, there were over 20 private jets parked at the airport. I, maybe you did not know before today, I normally go to the airport to list how many countries they come from. I have my data. There is religious tourism in Nigeria. We have not tapped into it. We see them as pastors. Yes, pastors doing their job, but there is tourism content in what they are doing.

“If this country manages tourism well, we should not have a single child looking for a job. After agriculture, tourism is the biggest employer of labour, but we are still playing games, we are still telling ourselves stories.”

He thanked ANJET for the award and encouraged them to continue with the good work in the industry.

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Personality in Focus

NAOSNP Security Week: Gaidam Reiterates Govt’s Commitment to Data-Driven Policing

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The Minister of Police Affairs, Senator Ibrahim Gaidam, has reaffirmed the Federal Government’s commitment to repositioning the Nigeria Police Force through data-driven strategies, inter-agency synergy, and international cooperation towards building a safer, stronger Nigeria.

He stated this during the 2025 National Security Conference and Awards organised by the National Association of Online Security News Publishers (NAOSNP), with the theme, Securing and Safeguarding Nigeria’s Economic Resources: A Call to Serve, held at the Oriental Hotel, Victoria Island, Lagos.

In his keynote address presented by the Deputy Director (Information and Public Relations Unit), Mr. Bolaji Oladimeji Kazeem, the Minister stated that the Federal Government, through the Ministry, has started realizing key initiatives such as the National Criminal Data Fusion Centre (NCDFC), Nigeria Police Crime and Incident Database, Community Policing, transparent recruitment of an additional 30,000 Police Officers, and technological advancements to enhance the operational efficiency of the Nigeria Police Force for bolstering national security.

The Minister said as a major milestone in intelligence-led policing, the National Criminal Data Fusion Centre (NCDFC), provides a centralized platform for law enforcement agencies to pool, analyse, and disseminate criminal data, thereby enhancing internal operations and collaboration with international partners.

He noted that the upgraded Nigeria Police Crime and Incident Database Centre (NPCIDB) has enabled the Police to document criminals’ data through biometrics from Divisional Police Stations across the country, and digitally forwarded to the NPCIDB located in the National Criminal Data Fusion Centre.

He reiterated the good working relationship among security agencies to curb illegal mining, through collaboration of the Nigeria Police Force, the Armed Forces, and Nigerian Security and Civil Defence Corps (NSCDC)’s Mining Marshals.

“Security is the foundation upon which all human endeavours are built. It requires inclusiveness, people-centric approaches, and collective efforts to ensure peace, safety, and prosperity. These vital institutional allies are in the national effort to combat illegal mining and restore order in Nigeria’s solid minerals sector, and curb the activities of bandits, criminals, kidnappers, and terrorists,” the Minister hinted.

Gaidam urged all citizens, stakeholders, and media to join hands in supporting the Nigeria Police Force. “We require collective investment in technology, logistics, welfare, and equipment to enhance security. I propose that we procure High-Resolution Drone Surveillance for police commands across the country”. He stressed.

Earlier, the Chief of Defence, General Christopher Musa, represented by the Commandant, Armed Forces Resettlement Centre, Air Vice Marshal Bashir Rimi Maman, posited that security is the foundation for economic success. When people feel safe, businesses grow, farmers plant with confidence, and investors take bold steps.

He said Nigeria recently increased its crude oil production to over 1.5 million barrels per day, but vandalism and illegal activities still threaten this progress.

“We must therefore protect what we have built so that our natural wealth becomes prosperity for every Nigerian, not just a few,” the CDS cautioned.

According to him, “beyond military action, we must focus more on the non-kinetic side of national security, which accounts for nearly 70 percent of the work. This includes good governance, infrastructure, power, communication, and social development.”

Senator Ibrahim Gaidam was afterwards honoured with the award of Excellence as the National Association of Online News Publishers (NAOSNP) Iconic Man of the Year.

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Personality in Focus

TMnews Honours Aare EmmanuelKing with Leadership Award

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TMnews, at its 2025 Summit and Awards, has honoured the Chairman and Group Managing Director of Adron Group, Aare Adetola EmmanuelKing, with a prestigious Award of Recognition for his exceptional leadership and unwavering commitment to empowering Nigerians through affordable housing and community development.

The event, themed “Securing the Future: A Collaborative Approach to Community Safety,” brought together top government officials, security chiefs, corporate leaders, and humanitarian advocates to engage in constructive dialogue on national security, community partnership, and sustainable development.

In his message of appreciation, Aare EmmanuelKing expressed heartfelt gratitude to TMnews Magazine for the recognition, describing it as a humbling honour that reinforces his commitment to nation-building through affordable housing, community empowerment, and corporate social responsibility.

“I am deeply honoured by this recognition from TMnews. It is a testament to the collective effort of the Adron Group family, whose passion and dedication continue to drive our mission of making quality housing accessible to all Nigerians. This award is not just for me, it is for every hardworking Nigerian who believes in the dream of a better, safer, and more prosperous nation,” Aare EmmanuelKing stated.

He further commended the organisers of the summit for their consistency in promoting dialogue and collaboration among key stakeholders in governance, business, and community development, adding that such platforms are essential to building a secure and progressive society.

The Publisher and CEO of TMnews Magazine, Temidayo Babalola, lauded Aare EmmanuelKing for his visionary leadership and transformative role in Nigeria’s real estate sector, describing him as a beacon of innovation and a passionate advocate for sustainable community growth.

The summit also featured the TMnews Humanitarian Awards, where 24 distinguished individuals and organisations were celebrated for their exceptional service to humanity, corporate responsibility, and community impact.

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