Emmanuel Ojei

Biography of Emmanuel Ojei and His Business Empire

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Emmanuel Ojei is an entrepreneur with a lofty goal. Because of his keen eye for detail and meticulous approach, he has managed to secure a prominent position in virtually every industry he has entered, and he now holds positions of power and influence in several lucrative fields. 

Even if one views him from a different angle, the reality remains that his name perfectly personifies boldness, vision, hard work, and sturdiness. When he began out, he had nothing, but he persevered and persevered and persevered until he became one of Nigeria’s most successful entrepreneurs.

Overview:

  • Full Name: Emmanuel Isichei Ugochukwu Ojei
  • Date of Birth: 1951
  • State: Delta
  • Education: Issele-Uku Technical College, Issele-Uku, Delta State
  • Occupation: Founder and Executive Chairman Nuel Ojei Holdings Limited (NOH)

Ojei was born in Lagos in 1951 and had his early schooling there before moving to Issele-Uku Technical College in Issele-Uku, Delta State, where he acquired an Ordinary National Diploma (OND) in Business Administration and Management between 1970 and 1972.

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He holds an honorary doctorate degree from Delta State University, Abraka, Delta State, Nigeria.

How He Started His Business

Ojei joined Rutam Motors Limited (a subsidiary of the Ibru Group) as a Sales Executive in 1973, just one year after finishing his OND. In 1976, he resigned from his position as a Sales Manager to start his own automotive service firm.

In March 1977, he began working with Unity Kapital Assurance Plc, where he eventually served as a director, and he made his first foray into the insurance market.

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Due to Nuel Ojei’s growing commercial interests, he decided to form Nuel Ojei Holdings Limited (NOH) in 1989 in order to restructure and harmonize his different companies.

After 30 years, NOH has grown into a colossus in Nigeria’s economic sector. One of the world’s largest conglomerates, it includes more than a dozen subsidiaries and affiliates that operate in a wide range of industries including banking and insurance; oil and gas; solid minerals; energy and telecom; among others.

NOH has worked on a variety of high-end projects including cutting-edge technology in the fields of power and energy, aviation, safety and security, shipping and shipbuilding, oil and gas, and more with a large international network of recognized technical partners.

Known as Nuel Ojei, he has built a conglomerate that has made him one of Nigeria’s largest employers. He is in charge of a large conglomerate with a wide range of business holdings spanning several of the most lucrative areas of the economy.

Ojei is a visionary entrepreneur and investor. Accomplished, systematic and intelligent, he persevered against all difficulties to become an important participant in a wide range of business fields. Construction, banking, imports, sales and servicing of high-end automobiles and petroleum products are all part of his diversified portfolio. Over the years, he has been a significant recipient of lucrative public and commercial sector contracts.

As a leading private indigenous conglomerate, the Group employs roughly 200 highly-experienced expatriate workers in its staff.

Nuel Auto Distributors Limited (Nad) is one of NOH’s most notable companies, having been established in 1981 as a single agent of Mazda Motor Corporation, Japan.

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His partnership with Mercedes Benz Servicing is another area of note. Weststar Associates Limited (the only representative of Mercedes-Benz in Nigeria) signed an arrangement with NAD in November 2008 to run the approved Mercedes-Benz service center in Nigeria.

Through its decade-long involvement in the automobile industry, NAD has become a key participant in Nigeria’s transportation sector, contributing much to the country’s growth.

His Investment In Oil and Gas

The Emo Oil and Petrochemical Enterprise Limited (Emo) is another company making waves within the group (Emo Oil). Crude oil exploration, exploitation, and production; crude lifting; petroleum products import/export; consultation for gas and pipeline integrity projects are all carried out by the firm.

Awards and honors

  • Chairman of the Economic Growth and Development Center’s (EGDC) Executive Committee (EGDC).
  • The EGDC is a non-governmental organization whose mission is to promote economic growth and eliminate severe poverty and hunger.
  • Delta State University, Abraka, gave him an honorary doctorate in business administration for his success in the field of business management.

Emanuel Ojei’s Magnificent House

His palatial home located in Delta state is said to have taken six years to complete even with round the clock and intensive work. It has a total surface area of 12,000 square meters and is located on a 35-dunam (approximately 10-acre)

For security purposes, there is an entry pavilion and a stewards’ cottage in addition to a huge number of other structures, such as the basement, the entrance level, and the residential floor.

Aside from Lagos and Abuja in Nigeria, the investor and his wife have homes throughout Europe and the Persian Gulf. In addition to being a magnificent place to entertain visitors, the new house is intended to be utilized by the family for vacations and holidays.

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Conclusion

Summarily, Nuel Ojei’s group of companies, whose scope of activities remain diverse has been a major beneficiary of juicy public and private sector contracts over the years through aggressive marketing and outstanding initiatives.

When Dr. Emmanuel Isichei Ugochukwu Ojei founded Nuel Ojei Holdings, he didn’t simply focus on selling and servicing Mazda vehicles, instead, he has diversified holdings in a wide range of industries, all under the banner of the Nuel Ojei Holdings group of businesses (NOH).

Author

  • InfomediaNG

    The Infomediang Team comprises a group of researchers, data analysts, and financial experts who closely follow government policies and spending. Our passion lies in empowering people to make informed decisions about their investments by simplifying data for easy understanding. Find us @infomedia_ng on X.

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