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| Description: Net Worth: $1 BILLION Industry: Manufacturing Country of Citizenship: Nigeria Age: 71 Number of Jobs Created: 3,000 Obafoluke Otudeko is the chairman of Honeywell Group, an indigenous conglomerate with interests spanning several industries including flour, processed foods, oil and gas, energy, engineering, construction, hospitality and real estate. He founded the group in 1972 as a food trading concern, importing baking yeast, milk and stock fish from Europe. Anchorage Leisures, a subsidiary of the Honeywell Group, owns Radisson Blu, a prominent waterfront hotel in Victoria Island, Lagos. Last year, Oba Otudeko sold his 13.4-percent stake in Bharti Airtel held through his company, Broad Communications. Oba also owns minority stakes in First Bank and Ecobank. |
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