FORBES TOP 20 RICHEST PEOPLE IN NIGERIA & HOW MUCH THEY ARE WORTH

8. ORJI UZOR KALU

Orji Uzor is the chairman of SLOK Holding and the former governor of Abia State. His other investments include the Daily Sun and the New Telegraph newspapers.

According to Forbes, he is worth $1.1 billion. Orji Uzor Kalu was a student activist during his time at the University of Maiduguri and was involved in the Ali Must Go riots. As a result of his participation, he was suspended by the school authorities but he never returned as he went on to building several successful businesses.

He started with only $35 which he had received as a loan from his mother. At that time he traded palm oil which he bought from the South East and sold to the market in the North.

Following the success of his palm oil business, Orji Uzor Kalu moved to another line of business which was selling furniture on a large scale. Eventually, he established the SLOK Holding which is conglomerate comprising Ojialex Furniture Company, SLOK Nigeria Limited, SLOK United Kingdom Limited, Adamawa Publishers Limited, SLOK Vegetable Oil, Aba, SLOK Paper Factory, Aba, SLOK United States Incorporated, SLOK Ghana, Togo, Cotonou, Guinea, South Africa, Liberia, Botswana, SLOK Korea, Supreme Oil Limited, SLOK Airlines, Sun Publishing Limited, and First International Bank Limited.

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