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The Phenomenal Rise of Estate Giant, Sijibomi Ogundele (Sujimoto)

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The story of Sijibomi Ogundele, better known as “Sujimoto” who is now one of the youngest billionaire in Nigeria is inspiring and a reference point for a youngman, who desires to conquer. It is worthy of note that as at today, Sijibomi sits atop over $400 million worth company.

Dressed in a simple Polo T-Shirt on a Friday Evening, Sijibomi Ogundele, Nigeria’s youngest Billionaire and Luxury Real Estate Czar, can be seen on the Lucrezia project site, in the prestigious Banana Island neighborhood, inspecting the work done and ensuring every ‘i’ is dotted and every ‘t’ is crossed.

No one would have thought that this man, who is currently worth billions, was once a Souvenir hawker in France and also did alabaru for his trader Mum in Africa’s most populous market – Oke-Arin, where he was nurtured by enterprising Igbo Traders, which ignited his passion for business.

Growing up in the slum of Agege, as a little 8-year-old, Sijibomi’s first introduction to Entrepreneurship was when he started a bike business popularly called‘Okada’ business, from his little savings. Despite the usual African Parent’s disapproval, he drew inspiration from his mother’s entrepreneurial spirit and grew his Okada business from 1 to 6 motorcycles, a testament to his strong, resolute and resilient business mind.

A rose that grew from concrete, Mr. Ogundele who is only 39 has built his company, Sujimoto Group, in just 5 years, into a Luxury Construction behemoth, focused on building extraordinary edifices in premium neighborhoods of Ikoyi and Banana Island. With annual revenue of approximately $30 million and many other pending projects, Mr. Ogundele believes the Sujimoto group is worth over $400 Million.

His look may be modest but his ambition belies his modesty. After an encounter with the King of Dubai who pushed his ambitious project – LorenzoBySujimoto, from 15 Storey building to a 30 storey building, reminding him that; “To be second is to be last! If people in their 30’s are building 5000 units annually in Asia, 75 units shouldn’t scare you.”According to Mr. Ogundele; “I believe in Nigeria. My passion comes from my patriotism. I believe that the Nigeria that produced the MKOs, the Dantatas, and the Ojukwus, also has something great in store for me.”

The Lawyer tuned Entrepreneur who is son to a John Holt Manager and a trader mother never had the opportunity to attend King’s College or other expensive private schools but attended public schools. With a dream to revolutionize the Nigerian Luxury real estate space and an ambition taller than the Burj Khalifa, one can only wonder how he has steered his company to survive the brutal economic recessions within the last 5 years, growing stronger, bigger and better, to the consternation of the pessimists.

Sujimoto’s Giuliano project which is 100% covered in travertine stone, fully automated, 1st project with each unit having its private elevator and an award-winning Zaha Hadid Bathroom for Porscelanosa, set the standard for a luxury terrace in Banana Island, attracting clients like MD of multinationals, billionaires and music entrepreneur – Davido.

From Grass To Grace: The Story Of Sijibomi Ogundele "Sujimoto"
Sijibomi Ogundele ‘Sujimoto’

A stone throws from the Giuliano; Sujimoto is building what has been dubbed the tallest residential building in Banana Island – the LucreziaBySujimoto. A revolutionary building, never before seen in Nigeria or Africa! The first building with Glass Reinforced Concrete (GRC) façade, Full Home Automation, private IMAX Cinema for the residents, standard crèche, Indoor Virtual Golf with over 2,500 courses worldwide to play on, swimming pool in the sky and other exciting features. Sitting on the 12th floor is the best penthouse in Africa. A project that sets an enviable standard for luxury residential apartments in Nigeria with a sales value worth $46 and a delivery deadline of December 2021.

Speaking on the Lucrezia, Mr. Ogundele made a startling revelation; “We are building the best condominium not only in Nigeria but also in Africa. The Lucrezia Penthouse comes with a private elevator, private cinema, private golf, private gym, and a private pool! The Lucrezia is very special to us because Sujimoto is divesting from Residential Projects with 80% of our real estate interest into Commercial Projects.

When asked about the company’s plan to accommodate smaller units, Mr. Ogundele was very quick to add that the company has a new project that is almost sold out! According to him; “Many people have approached us about building smaller and more affordable units with the Sujimoto standard and we have responded with a revolutionary project called the LeonardoBySujimoto. With LeonardoBySujimoto, you can own a Sujimoto Apartment without breaking the Bank. We have studied the best apartments and what we are creating, beats the best.

The Affordable Luxury Project – Leonardo, comes in 2, 3, and 4 Bedroom Units and it is a great investment offer as the 3 bedrooms which are currently selling for N250million will go for N450million once the project is launched later in the year. According to Mr. Ogundele, the present pricing still beats the best apartments in Bourdillon and Eko Atlantic. He also noted that the current price offer will expire by the end of the month.

PricewaterhouseCoopers (PwC) Hotel Outlook for 2018-2022 has projected that the hospitality market in Nigeria will experience a compound annual increase in the next 5 years.

According to Ogundele, the same passion with which we redefined luxury living in Nigeria, is the same passion we are bringing into the Nigerian Hospitality and Commercial space. We have toured some of the best hotels in the world such as the Address Hotel, Downtown Dubai, the Baccarat Hotel in New York City, and the Dorchester Hotel in London. Sujimoto is building the S-Hotel, African hospitality with a Four Season services. We are building a hotel that is Customer addictive, where putting the customer 1st becomes our priority, from Janitor to General Managers.

Three fundamental qualities separate the S hotel from others: Design, Price, and Service. The plan is to get rid of mediocre experience in the hospitality industry, building one luxury hotel at a time. The focus, therefore, is to build one luxury hotel in the State capital city of every African country, starting from the six geopolitical zones of Nigeria. The plan is before 2030, we would have built over 100 luxury hotels with 16,000 rooms, worth $1.9 billion in the portfolio, a move which will bring the company’s overall worth to over $5 billion in 10 years.

In addition to the company’s expansion plan, Mr. Ogundele made it known that Sujimoto is building a world-class Plaza, first of its kind, in Ikoyi and Abuja, with a 2021 and 2022 projection for completion. This 6-in-1 Plaza by Sujimoto is a contemporary one-stop-shop retail and hospitality center, featuring innovative state-of-the-art equipment, rooftop lounge, and bar, premium restaurants, world-class gym, retail shops other premium features.

Upon completion, each project should be valued at approximately N47 Billion, with a combined rental income of about N11billion annually. According to Mr. Ogundele, ‘By 2030, we hope to have completed 61 different malls and plazas in Nigeria and across major African cities, a portfolio worth about $3billion.”

Despite the huge effect of the COVID-19 on businesses and economies, where banks have put a halt to every construction project, Sujimoto just raised N3.5 Billion for the Lucrezia which is sold out with just 2 units left! According to Mr. Ogundele Sujimoto;

“At Sujimoto, we do not see a recession, because for us crises are opportunities disguised as problems! We have developed a highly viable and profitable strategy and found an opportunity for savvy investors to invest N5 billion into Sujimoto and get N10 billion back in 3 years.

This is debt and not equity, and it is guaranteed. Treasury bills and other money market instruments will give you a 5 – 10% ROI on your investment but this is 100% ROI and it is guaranteed! This investment is NOT for everyone, it is ONLY for the vital few, who can identify opportunities when they see one.

One of the reasons why Sujimoto can stand out and guarantee good price and quality is the strength of the company’s procurement capacity and global reach. Mr. Ogundele explained that “We don’t use 3rd parties when it comes to projects; we speak directly to the manufacturers because we want to guarantee two fundamental things – prudent spending and assurance of quality. With offices in Dubai, Gwanzo, and New York City and numerous ambitious projects, one wonders what Sujimoto Group will be worth in 10 years to come.

According to Mr. Ogundele; “Our biggest motivation is our critics because, without them, we couldn’t have come this far. There’s nothing we have today, that we got on a platter of gold. We worked two times harder, 3 times more, just to prove that without a rich Aunty or Uncle, you can get to your destiny”.

Speaking on some of the challenges he has had to contend with in business, Mr. Ogundele recalled the event of 2016 and 2017 where he had conceived and developed the biggest project in Nigeria, over 90 Million USD to build the tallest residential building in Sub-Saharan Africa – the LorenzoBySujimoto.

“After all the investment in time, money, and passion, the recession hit badly, and investors pulled out. The economy was so bad that I had to refund hundreds of millions to our off-takers. Amid the chaos, like the phoenix that rises from the ashes, the Giuliano project was born! A project of terrace houses in Africa’s richest neighborhood – Banana Island. And 20 months after, the record-breaking Giuliano has metamorphosed from a proof-of-concept to a proof-of-product! Fully sold-out 6-Months before completion.”

Many have opined that the young and dynamic Motomatician might be eyeing a political position, but according to Mr. Ogundele, “the business of politics is bigger than the politics of business. We are focused on business but we shall support the government. To us, the Government is like a beautiful woman, marry her only when she is an asset, not a liability.”

When asked if he was married, the single and eligible bachelor who insisted he was married without a wife, claimed that his wife is young and very jealous, she’s Sujimoto.

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Personality in Focus

Michael Dell Overtakes Jeff Bezos As World’s Third Wealthiest Billionaire

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Michael Dell, on Tuesday, overtook Jeff Bezos in Forbes’ billionaire rankings, edging past the Amazon co-founder as shares of Dell Technologies reached an all-time high, extending a six-month rally.Dell’s estimated net worth rose $4.6 billion to reach $267.7 billion at market close Tuesday afternoon, making him the third-wealthiest person in the world for the first time ever.

Dell trails Alphabet co-founder Larry Page ($277.9 billion) and Tesla chief Elon Musk ($942 billion).

Shares of Dell Technologies rose 1.9% to close at an all-time high of $533.88 on Tuesday, and traded as high as $538.47 earlier in the day.

Bezos’ estimated net worth dropped $1.4 billion to $265.2 billion as Amazon shares fell 0.6%.

Dell’s net worth has more than doubled since last year as his company has benefited from booming demand for artificial intelligence hardware.

327%. That is how much Dell’s stock has rocketed since the start of the year, when shares were priced around the $128 mark. Michael Dell holds a roughly 40% stake in his company and has much of his fortune wrapped up in his private investment firm DFO Management, which invests in hotels and liquid corporate credit. Dell’s net worth has soared alongside his company’s earnings, allowing him to surpass Meta co-founder Mark Zuckerberg and Oracle co-founder Larry Ellison in recent months.

Dell Technologies is a week removed from its second-quarter earnings report in which it logged $47 billion in revenue, a 58% jump year-over-year, and adjusted earnings per share of $7.04, a threefold increase from the same period last year. The company’s AI server business logged a record $60.9 billion in orders and accounted for $16.4 billion in revenue. The growth, and what chief financial officer David Kennedy called “AI momentum,” resulted in Dell Technologies raising its full-year revenue guidance $25 billion to an anticipated $192 billion.

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NAOSNP President, Oki Samson Bags Police-Youth Advocate Award

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The Lagos State Police Command under the leadership of the Commissioner of Police, CP Fatai Tijani, on Thursday, honoured the President of the National Association of Online Security News Publishers (NAOSNP), Mayor Oki Olatunji Samson, as a Police-Youth Advocate for his contribution to youth engagement and advocacy, responsible security journalism and community safety.

The recognition came during the Command’s commemoration of International Youth Day 2026, themed “Different Contexts, Common Aspirations,” held at the Police Officers’ Wives Association (POWA) Secretariat, Oduduwa Street, Lagos.

The event also featured the launch of the National Campaign Against Political and Digital Thuggery and a Police-Youth Dialogue designed to build stronger partnerships between law enforcement and young Nigerians. The initiative, in line with the vision of Inspector-General of Police, IGP Olatunji Rilwan Disu, placed youth participation, responsible citizenship and peacebuilding at the centre of contemporary security discourse.

In his address at the event, the NAOSNP President, a respected security journalist, stressed that youth advocacy must move beyond rhetoric to deliberate investment in the values, opportunities and relationships that enable young people to become agents of stability. He argued that the youth should not be viewed simply as potential victims or perpetrators of insecurity, but as indispensable stakeholders in preventing it. According to him, the digital space has become an extension of society and therefore requires the same standards of responsibility expected in the physical world.

The NAOSNP President urged young Nigerians to recognise the power of their voices, particularly on social media, and deploy that influence constructively. “Your phone is powerful. Your social media account is powerful. Your voice is powerful. Please use that power to build, not destroy.” He further challenged young people to resist political manipulation, stressing that no temporary political reward could justify sacrificing one’s future.

“Do not allow anyone to use your future to settle their present disagreement.”

He advocated a culture in which political differences could be expressed without becoming personal hostility, urging youths to verify information before sharing it and to understand that digital actions can have real-world consequences.

The intervention resonated strongly with the message of the Commissioner of Police, Lagos State Command, CP Tijani Fatai, who warned young people against allowing politicians to exploit them for electoral violence as the country approaches another election cycle. Fatai said youths must look beyond immediate gratification and recognise the importance of preserving their future.
“Tomorrow is there for us. We should not think of today. We should always think of tomorrow. That tomorrow is more important than what we are today.”

The CP also delivered a particularly strong message against the recruitment of young Nigerians into political thuggery, noting that political actors rarely expose their own children to the dangers of electoral violence. “None of these politicians will use any of their children for electioneering, thuggery, violence or what have you.”

He urged youths to reject attempts to use them for ballot-box snatching, intimidation, destruction of property and other forms of electoral violence, while stressing that political participation remained a legitimate right when exercised responsibly.

The Commissioner equally identified the digital environment as an emerging frontier of security, urging young Nigerians to think carefully before posting, sharing or reacting to provocative content. His message was clear: political participation must never become political violence, whether offline or online.

In his goodwill message, Commander, 9 Brigade, Nigerian Army, Brigadier General Ayokunle Owolabi, described the campaign as timely and commended the Police for strengthening engagement with young Nigerians. Owolabi noted that the energy, creativity and resilience of young people remained indispensable to Nigeria’s peace, security and development. He emphasised that national security could no longer be regarded as the exclusive responsibility of security agencies, but required a whole-of-society approach in which young Nigerians become active partners. He particularly warned against the misuse of digital platforms and physical spaces for violence, intimidation, misinformation and destructive engagement, while calling for stronger trust and communication between young people and security institutions.

Also speaking, the Lagos State Coordinator of the Police Campaign Against Cultism and Other Vices (POCACOV), SP Olivia Amarachi Ugochukwu, urged young people to become the change they desire in their communities.
“Policing is everybody’s business. If you see something, say something.”

She also charged the media to ensure that only verified information was disseminated, noting that responsible information management was essential to preventing fear, confusion and conflict.

The well attended event attracted representatives of the Nigerian Army, Nigerian Air Force, Nigerian Navy, NDLEA, FRSC and NSCDC, alongside NYSC, POCACOV, PCRC, NYCN, NANS, NURTW, RTEAN, CRAN, NAOSNP, POWA and youths from Police Barracks across Lagos. The programme featured an extensive Police-Youth Dialogue on security, political participation, social media, cultism, thuggery and emerging threats.

The recognition of Mayor Oki Samson as Police-Youth Advocate therefore represented more than an individual honour. It underscored the growing importance of credible voices capable of connecting young people, the media and security institutions around a shared commitment to peace.

In a society where insecurity can be amplified by a rumour, a provocative post or a manipulated young mind, youth advocacy has become a frontline security intervention. The future of Nigeria cannot be secured merely by policing the streets; it must also be secured by winning the minds, trust and participation of its young people.

The challenge before advocates such as Mayor Oki Samson and institutions such as the Police is to ensure that the message does not end with an award or a commemorative event. It must travel into schools, communities, newsrooms, transport parks and digital spaces—until peace becomes not merely a campaign slogan, but a conscious choice made by a generation whose future is ultimately at stake.

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Malian Singer Salif Keita Pulls Out of South African Festival over Xenophobic Attacks

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Malian music legend, Salif Keïta, has cancelled upcoming commercial performances in South Africa, including an appearance at the Mangaung African Cultural Festival (Macufe), citing what he described as “xenophobic violence” against African migrants.

The decision comes as anti-migrant protests intensify in one of Africa’s most industrialised economies, prompting thousands of foreign nationals to return home and increasingly straining cultural ties across the continent.

Explaining his decision, Keïta said he could not “ignore the reports of xenophobic violence against our African brothers and sisters.”

“When I see migrants attacked, I do not see ‘politics’. I see people looking for work, safety, and dignity.”

The 77-year-old musician stressed that his decision was not a rejection of South Africans.

“To be clear — I am not closing the door on South Africa. I am closing the door on violence,” he said.

Often described as the “Golden Voice of Africa”, Keïta has spent more than five decades in music and remains one of the continent’s most recognisable artists.

The award-winning Malian singer has earned four Grammy nominations and won France’s Victoire de la Musique for World Music Album of the Year in 2010 for La Différence.

His ties to South Africa also stretch back decades, including a performance at the Nelson Mandela 70th Birthday Tribute concert at Wembley Stadium in 1988, an event closely linked to the international anti-apartheid movement.

In response to his withdrawal, the Free State’s culture department said it regretted the decision and stressed that Macufe was intended to celebrate African unity.

Keïta’s withdrawal comes against the backdrop of worsening tensions over migration in South Africa, which has long attracted workers from across the continent.

More than 160,000 foreigners have left South Africa through repatriation programmes since May, according to an AFP tally. They include citizens of Malawi, Zimbabwe, Zambia, Ghana and Nigeria.

This week, 173 Tanzanian nationals also returned home from Durban, one of the centres of recent anti-migrant demonstrations.

Anti-migrant groups accuse undocumented foreigners of putting pressure on jobs and public services and contributing to crime.

However, South African authorities have maintained that immigration laws must be enforced through legal channels and have acted against people accused of vigilantism and violence.

Increasingly, the tensions are also spilling into Africa’s entertainment industry.

In July, a planned Lagos concert by Grammy-winning South African singer Tyla disappeared from her A*POP World Tour schedule after boycott calls from some Nigerians over reported xenophobic attacks against African migrants in South Africa.

Although Tyla and her management did not publicly confirm that the backlash caused the change, the episode showed how migration tensions were beginning to affect cross-border cultural exchanges.

Keïta’s decision now brings the issue into sharper focus from the opposite direction, with one of West Africa’s most prominent musicians refusing to perform in South Africa over the treatment of fellow Africans.

As a result, the controversy has added a cultural dimension to a migration crisis already affecting labour flows, diplomacy and relations between African countries.

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