See the City With The Highest Number of Billionaires in Nigeria

If you had Lagos or probably Kano in mind, then you're definitely wrong. According to Forbes 2017 report, Nnewi in Anambra state is the city with the highest number of billionaires in Nigeria. She might not be as humongous and populated as Lagos or Kano but she boasts of an enviable and impressive fleet of eminent personalities.  

Nnewi dubbed as the Japan of Africa is the second largest city in Anambra state. She is referred to as the Japan of Africa because of her numerous industries and factories that churn out wholly or partly manufactured products and machineries. A number of products such as spare parts of motor vehicles motorcycles, tyres, tiles, batteries, chemicals and cables are being manufactured or assembled in Nnewi thus making her a leading transport hub in the country Nkwo Nnewi located at the heart of Nnewi city is reputed to be the largest spare parts markets in Nigeria.
The first ever billionaire to emerge from Nigeria was reported to be from Nnewi. He was Mr Louis Odumegwu Ojukeu, the father of the deceased Biafran leader, Gen Ikemba Odumegwu Ojukwu. Profiled in 1965 by Times Magazine, Loius Odumegwu Ojukwu was the first black multimillionaire and the founding father of the Nigerian Stock Exchange. As an indigent young boy, he emigrated to Lagos at the age of 20 with zilch. Armed with his intellect, sagacity and certificates, he able to establish his own chains of businesses including Ojukwu Stores, Ojukwu Textiles and Ojukwu Transport Company. 
By 1950, Ojukwu Transport Company had over 200 trucks in his fleet. He was consequently knighted by Queen Elizabeth II for supporting the Bristish Army with his fleet of trucks during the s second world war. He was so affluent that during the Queen's visit to Nigeria in 1956, she was chauffeured round in his Rolls Royce, apparently the only one in Nigeria then When he died in 19956, he was estimated to be worth about $4 million dollars in our in today's economic value.

The top ten billionaires from Nnewi according to Forbes in no particular other include:
1) Cosmos Maduka: He is the founder of Coscharis Motors, the country's foremost car dealership. He recently diversified into Agriculture. His rice mill in Anaku, Anambra state with a daily milling capacity of 60 tonnes and a yearly capacity of about 40, 000 tonnes is one of the biggest in Nigeria.
2) Cletus Ibeto: The founder of Ibeto Group reported to be the largest industrial enterprise in Southeastern Nigeria. They deal in petrochemicals, , real estate, hospitality, cement, hospitality and motor products.
3) Innoson Chukwuma: He is brainchild behind Innoson Nigerian Limited, the first indigenous car assembly plant in Nigeria.
4) Gabriel Chukwuma: He is the elder brother of Dr. Innoson Chukwu He was the founder of Gabros International FC. He's also into hospitality and real estate.
5) Augustine Ilodibe: He is the owner of Ekene Diri Chukwu Transport Company.
6) Ifeanyi Uba: He is an astute business man and the CEO of Capital Oil. He is currently the senator representing Anambra state at the Nigerian Senate.
7) Alexander Chika Okafor: He is the founder of Chikason Industries. The conglomerate has diversified into mining manufaturing and real estate.
8) Louis Onwueguna: A keen industralist and philantropist. He was reported to be have become a multimillionaire before the age of 30.
9) Obiajulu Uzodike: He is one of the foremost cable producers in Nigera. Cutix plc, the leading manufacturers of assorted cables for electrical telecommunications and automobiles.
10) Chief D. C Ubakaja: He is the owner of Izuchukwu Transport Limited.
Nnewi's growth has been exponential. It has rapidly metamorphosed from an agrarian community to major industrial hub and thriving zone in Nigeria.

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