Personality in Focus
The Phenomenal Rise of Estate Giant, Sijibomi Ogundele (Sujimoto)
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.
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.
By NOMA
The Nigerian Online Media Alliance (NOMA) has celebrated Mr. Olakunle Aderinokun on his 55th birthday, describing him as a distinguished strategic communications expert and media professional whose nearly three-decade career continues to shape Nigeria’s communications and business landscape.
In a statement by Theresa Moses, Chairperson, NOMA highlighted Aderinokun’s current role as Head, Media and Public Relations at Access Holdings Plc, where he leads group-wide media strategy, executive communications, crisis management, and corporate reputation positioning across local and international markets.
The Alliance noted that his ability to align corporate narratives with business strategy, stakeholder expectations, and regulatory realities has strengthened institutional credibility and public trust.
Aderinokun’s career reflects a unique blend of journalism, financial services, and corporate leadership. He spent 24 years at THISDAY Newspapers, rising to the position of Group Business Editor and Associate Editor, where he played a significant role in shaping Nigeria’s business journalism ecosystem. He later served as Editor, Business at ARISE News Channel, further consolidating his reputation for editorial excellence and impactful storytelling.
Throughout his journalism career, he covered critical sectors including banking, capital markets, energy, aviation, and macroeconomics, engaging directly with top policymakers, regulators, and corporate leaders. His extensive international exposure includes participation in global platforms such as the IMF-World Bank Meetings, African Development Bank Meetings, TICAD in Japan, the Nigeria-China Business Forum, Africa Oil Week in Cape Town, and Vaasa Energy Week in Finland.
Beyond journalism, Aderinokun brings strong financial and investment expertise, having worked with United Bank for Africa (UBA) and Wall Street Trust Company (now WSTC Financial Services), where he handled equity analysis, market research, and investment advisory. This foundation, NOMA noted, has enabled him to effectively bridge financial performance with strategic communication outcomes.
An entrepreneur, he founded Pure Synergy Ltd in 2013, a firm focused on reputation management and strategic communications, and later served as CEO of Excite Enterprise Ltd, an online business solutions platform.
In the public sector space, Aderinokun served as Media Adviser to Senator Tokunbo Abiru in 2020, where he led media strategy and publicity for the Lagos East Senatorial campaign, contributing to its successful outcome.
Academically, he holds a Bachelor’s degree in Mathematics (Pure and Applied) from the University of Ilorin and an MBA from the University of Lagos, complemented by executive education at Lagos Business School and professional training with the World Bank Institute, NIPR, and Standard Bank Group, South Africa. He also holds multiple professional certifications across public relations, banking, marketing, and digital communications.
NOMA described him as a quintessential, multifaceted professional whose career embodies excellence, innovation, and leadership.
“Olakunle Aderinokun represents the very best of strategic communication and media practice in Nigeria. His journey is not only inspiring but also instructive for the next generation of professionals navigating the evolving media and corporate landscape,” the statement read.
As he marks his 55th birthday, NOMA commended his enduring contributions and wished him continued success, good health, and greater accomplishments in the years ahead.
The Executive Secretary/CEO of the Lagos State Security Trust Fund (LSSTF), Dr. Ayodele Ogunsan, has congratulated the Inspector-General of Police, IGP Olatunji Rilwan Disu, on the occasion of his birthday, commending his visionary leadership and reform-driven approach to policing in Nigeria.
In his birthday remarks, Dr. Ogunsan described the IGP as a “distinguished officer whose career has consistently reflected professionalism, courage, and a deep commitment to public safety.”
He noted that since assuming office as the 23rd Inspector-General of Police early this Year 2026, Disu has demonstrated a clear resolve to reposition the Nigeria Police Force towards greater efficiency and public trust.
Dr. Ogunsan particularly praised the IGP’s emphasis on intelligence-led policing, a strategy aimed at enhancing proactive crime detection and prevention, as well as his push for the integration of digital tools and forensic capabilities into police operations. These reforms, he said, signal a shift towards modern, accountable, and citizen-focused policing.
He further highlighted Disu’s decisive steps to strengthen the state policing agenda and officers’ welfare. He praised him for the effective policing model through the restructuring and reduction of tactical units, a move designed to address concerns over excesses while redeploying personnel to police divisions for improved community-level security.
The LSSTF boss also acknowledged the IGP’s consistent advocacy for discipline, integrity, and professionalism within the Force, noting that such values are critical to restoring public confidence and enhancing institutional credibility.
Reflecting on his track record, Dr. Ogunsan recalled Disu’s impactful leadership roles across key commands, including the Rivers State and the Federal Capital Territory Commands, where he contributed significantly to crime control and intelligence-driven operations.
His tenure as the Commander of the Rapid Response Squad in Lagos is a testament to his operational excellence and urban crime management.
Ogunsan wished the IGP good health, wisdom, and continued success in his efforts to build a more secure Nigeria. “On this special occasion, we celebrate not only a remarkable leader but a reformer whose vision continues to inspire confidence in the security architecture of our nation,” Ogunsan said.
Terrorists in northeast Nigeria killed a brigadier general in an assault on a military base, a local government chairman told AFP on Thursday, the second killing of a high-ranking officer in five months.
Africa’s most populous country has been fighting a terrorist insurgency for 17 years, since Boko Haram’s 2009 uprising, which has seen the emergence of powerful splinter groups, including Islamic State West Africa Province.
In an overnight attack, unidentified terrorists killed at least 18 soldiers and torched vehicles at a base in Benisheikh, about 75 kilometres from Borno state capital Maiduguri, an intelligence source told AFP.
“Unfortunately, the brigade commander, Brigadier General O.O. Braimah, lost his life,” Kaga Local Government Chairman Zannah Lawan Ajimi told AFP in a phone interview.
Two intelligence sources confirmed Braimah’s death to AFP.
His death follows the killing of Brigadier General Musa Uba by ISWAP in November. He was the highest-ranking military official to die in the long-running conflict since 2021.
“They overran the brigade,” one of the intelligence sources said, giving the death toll as “at least” 18.
The second intelligence source said that “the terrorists killed several troops” and “burnt vehicles and buildings before they withdrew,” without giving a toll.
The army and Nigeria’s Defence Headquarters did not immediately respond to a request for comment.
– Rising terrorist violence –
Researchers have warned of an uptick of violence since 2025.
Borno capital Maiduguri has seen two suicide bombings since December — the type of bloody, urban attacks reminiscent of the insurgency’s peak a decade ago.
On Wednesday, the US State Department said in a notice it was authorising “non-emergency US government employees” to leave Abuja “due to the deteriorating security situation”.
While the insurgency is concentrated in the northeastern countryside, terrorists from Nigeria and the neighbouring Sahel have made inroads western Nigeria, where organised crime gangs known as “bandits” have been raiding villages and extorting farmers and artisanal miners for years.
Gunmen killed at least 90 people across several remote villages in northwest Nigeria this week, according to an AFP tally of tolls given by local and humanitarian sources.
Among the attacks was an assault in Kebbi state that police blamed a local terrorist group known as Mahmuda, which is affiliated with Al-Qaeda.
Kebbi sits on Nigeria’s border with Benin and Niger and since 2025 has been targeted by a rising number of terrorist attacks.
Conflict monitor ACLED says there has been a surge in violence in the area carried out by militants affiliated with Al-Qaeda and the Islamic State group.
In nearby Kwara state, in October, fighters from the Al-Qaeda-affiliated JNIM claimed an attack after years of researchers warning that the terrorist conflict ravaging the Sahel risked spreading south towards coastal West African states.
In December, the United States, with Nigerian assistance, bombed northwest Sokoto state, targeting Islamic State Sahel Province fighters usually found in neighbouring Niger, along with Mali and Burkina Faso.
AFP
