Taiwo Afolabi

Last updated
Taiwo Afolabi
Born
Taiwo Olayinka Afolabi

(1962-04-29) April 29, 1962 (age 61)
Ondo State, Nigeria
Nationality Nigerian
Alma mater University of Lagos
Occupations
Years active1981–present
OrganizationSIFAX Group
SpouseFolashade Afolabi
Awards The Sun Awards 2014

Taiwo Olayinka Afolabi (born April 29, 1962), MON, is a Nigerian business magnate and lawyer. He is the founder and current C.E.O of SIFAX Group, a conglomerate that deals in Maritime, Aviation, Haulage, Hospitality, Financial Services and Oil and Gas. [1] [2]

Contents

Early life and education

Afolabi was born as the first child of a set of twins in Ondo State, but he is a native of Idokunusi Ijebu in Ijebu East local government area of Ogun State, Nigeria. [3] He completed his primary and secondary school education at Ansar Ud Deen Primary School, Ondo State, and Baptist Grammar School, Ibadan respectively. He later proceeded to the University of Lagos where he graduated with an LL.B. certificate in Law. [3]

Career

In 1981, he began his professional career with Nigerian Express Agencies Limited until 1988 when he left to establish SIFAX Group. Upon its establishment, the company has since risen to become one of Nigeria's leading companies with investments in oil and gas, haulage, logistics and maritime and aviation. [4] He is a Fellow of the Nigeria Institute of Financial Management, and the Institute of Freight Forwarders of Nigeria. [5]

Recognitions

Afolabi is a Member of the Order of the Niger since 2010. [6] In recognition of his contribution to the Nigerian industrial sector, he was awarded the 2014 "Businessman of the Year" by The Sun Awards . [7] The Taiwo Afolabi Annual Maritime Conference (TAAM Conference) is organized in honor of Taiwo Afolabi by students of the University of Lagos and sponsored by SIFAX Group. [8]

Personal life

He is married to Folashade Afolabi and he is the father of Olayinka Afolabi and L.A.X, a Nigerian recording artist. [9] He is a member of the Institute of Directors Nigeria; Ikoyi Club 1938; IBB Golf Club, Abuja; the Building Committee of the Nigerian-British Chamber of Commerce and Industry, amongst many others.

Taiwo Afolabi is a sports lover, who enjoys watching and playing football.

Philanthropy life

His company SIFAX donated a one thousand seater (1,000) lecture hall to the Ladoke Akintola University of Technology (LAUTECH). A total of 184 persons have enjoyed free dental and medical care at the Taiwo Afolabi Free Rural Dental Outreach which was held at the popular Dugbe market in Ibadan recently. The beneficiaries included market men and women.

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References

  1. Kayode Alfred (3 May 2014). "Sifax Boss, Taiwo Afolabi, marks 52nd birthday". The Nation News . Retrieved 26 June 2016.
  2. "Who is after SIFAX boss, Taiwo Afolabi?". The Capital. 26 November 2015. Retrieved 26 June 2016.
  3. 1 2 "Biography". SIFAX Group. Retrieved 26 June 2016.
  4. "R E V E A L E D: Multi Billionaire Biznessman, Taiwo Afolabi's Winning Formulae @ 50". Society Now. 16 May 2012. Retrieved 26 June 2016.
  5. "THE PRIVATE WORLD OF NIGERIAN BILLIONAIRE, TAIWO AFOLABI, THE SIFAX BOSS". The Elites. 5 September 2014. Retrieved 26 June 2016.
  6. Ogbuokiri, Paul (8 July 2010). "Nigeria: Ex-NIMASA DG, Others Bag National Honours". Daily Champion . AllAfrica. Retrieved 26 June 2016.
  7. Uwaleke, Ibe (22 January 2015). "SAHCOL's chairman, Afolabi wins The Sun's 'Business Man of the Year' award 2014". The Guardian . Retrieved 26 June 2016.
  8. "Highlights of 4th Taiwo Afolabi annual maritime (TAAM) conference in Lagos". Business Traffic.
  9. "NET Exclusive: Wizkid's first act, L.A.X is another billionaire's son in music". Nigerian Entertainment Today . 12 November 2014. Archived from the original on 6 July 2016. Retrieved 26 June 2016.