Hosa Wells Okunbo

Hosa Okunbo
Born Idahosa Wells Okunbo
(1958-01-07) 7 January 1958
Benin City, Edo State, Nigeria
Residence Nigeria
Occupation Business magnate
Years active 1983–present

Idahosa (Hosa) Wells Okunbo (born 7 January 1958) is a Nigerian business magnate, investor, philanthropist and trained commercial pilot. He serves as either chairman or director on numerous company boards in Nigeria, spanning multiple business sectors such as the agro-allied, petroleum, telecommunications, power, real estate and banking industries.[1]

Background and education

Hosa Okunbo is a native of Edo State in the southern part of Nigeria. He was born in Benin City to the family of Reverend Robert Amos Okunbo, a clergyman, teacher and community leader. Okunbo had his primary education at Government Primary in Benin City, old Bendel State, now Edo State. He proceeded to Federal Government College, Warri, in 1971, where he sat for West African Senior School Certificate Examination. Okunbo is a native speaker of the Edo language, and a fluent speaker of English.

Okunbo pursued a desire to become a pilot by studying at the Nigerian Civil Aviation Training Centre, Zaria, Kaduna State, and became a professional commercial pilot at the age of 21. He also attended ACME School of Aeronautics, Fort Worth Texas in 1983, where he obtained an Airline Transport Pilot License.[2]

Career

Upon graduation, Okunbo became a professional commercial pilot, and was made a captain in 1983 at the age of 25. He was a flight captain with Intercontinental Airlines for about two years, then was employed by Okada Airlines for three years. In 1988, he retired from piloting at the age of 30, having logged over 7,000 hours of flight time, and ventured into private business.

Okunbo established Hoslyn Ventures Nigeria Ltd., a company that was involved with procurement in the Nigerian petroleum sector. Hoslyn Ventures was an indigenous oilfield service company that was responsible for the Early Production Facility (EPF) project at Nigerian National Petroleum Corporation (NNPC) between 1998 and 2001.

Okunbo is the founder and chairman of the following Nigerian companies:

  • Wells San-Carlos Agro Farms Ltd., which, in March 2016, unveiled a $750 million, 9,000-hectare (22,000-acre) farm intended to "create 85,000 jobs in Edo State".[3][4][5][6][7]
  • Ocean Marine Security Ltd., an offshore asset-protection company, rendering services to major oil companies in Nigeria, including NNPC. The company recently completed the building of the 46-kilometre (29 mi) Escravos–Warri Crude Pipeline, which was inaugurated by Nigeria's Minister of State for Petroleum, Emmanuel Ibe Kachikwu.[8][9]
  • PPP Fluid Mechanics Ltd., a marine and logistics company
  • Westminster Security Solutions Nigeria Ltd, a franchise of Westminster Group Plc UK, of which he is major shareholder.[10]
  • Wells Group of companies, which include Wells Dredging Ltd., Wells Property Development Company Ltd., and Wells Entertainments Ltd. – through which Okunbo financed the movie Black November.[11][12]
  • OMS Tankers Ltd., which owns Nigeria's first marine tankers.
  • Hoslyn Habitat Ltd., which is a design, construction and landscaping company.
  • Gyro Air Ltd., operators of charter flight operations.

Okunbo is a director in the following companies:

  • Joint Marine Environ Guard Ltd. (JMEG)
  • Secure Anchorage Area Ltd. (SAA)
  • Digisteel Integrated Services Ltd.
  • Phil Nugent Nigeria Ltd.[13][14]
  • Integrated Energy Distribution and Marketing Ltd. (IEDM), which is a core investor in Ibadan and Yola Electricity Distribution Companies.[15]

Okunbo is member of the Board of Directors of NatCom Development and Investment Ltd., which is the holding company Nigerian telecommunications giant NTEL.[16][17]

Honours and recognition

Okunbo received the Africa Titans Award in 2012, from the Congress of the United States in collaboration with the African Society Summit, in recognition of "strides on behalf of Africa in the international arena." According to the letter announcing the award, Okunbo had been one of those "who seek to project a new and hopeful light on Africa."[18][19]

In November 2012, the University of Benin conferred Okunbo with an honorary Doctor of Science degree.[20][21]

Okumba was granted the "Worthy Ambassador of Unity Award" as an old student of Federal Government College, Warri in March 2016.[22]

On October 2, 2014, the traditional ruler of the Edo people in Edo State, Oba Erediauwa, gifted Okunbo "with the 'Traditional Beads' for being a worthy son of the ancient Kingdom."[23][24]

Personal life

Okunbo is married with children 11 children

References

  1. "Season of blessings for Capt Hosa Okunbo". Encomium. 7 November 2014.
  2. Sufuyan Ojeifo (6 January 2013). "Hosa, a Humble Achiever at 55". Vanguard.
  3. Tony Osauzo (15 March 2016). "Edo investor, Okunbo, unveils $750m farm". Sun.
  4. "We Will Have Sufficient Food In The Next Harvest Season – Min. Of State Agriculture". NTA. 12 July 2016.
  5. Simon Ebegbulem (20 March 2016). "Okunbor's N150billion farm project to create 85,000 jobs". Vanguard.
  6. Adibe Emenyonu (13 April 2016). "Oshiomhole to Edo PDP: I'm Proud of My Friends Who Invests in Edo". ThisDay.
  7. Simon Ebegbulem (13 April 2016). "I'm proud of my friends, Oshiomhole replies Ize-Iyamu". Vanguard.
  8. Ernest Chinwo; Chineme Okafor; Adibe Emenyonu (24 April 2016). "Kachikwu Recommissions 46km Escravos-Warri Crude Pipeline". ThisDay.
  9. Tajudeen Adebanjo (30 November 2012). "A deserving honour". TheNation.
  10. "Chairman of Westminster Security Solutions Nigeria Honoured by US Congress". 25 June 2016.
  11. Donu Kogbara (7 December 2012). "Movie Magic". Vanguard.
  12. ""Black November" Screening At The Library Of Congress, Washington D.C." Getty Images.
  13. "Key Principals of the Group".
  14. "Management Profiles".
  15. Sylvanus Ojeikere (20 October 2013). "Integrated Energy: Breaking into the league of huge power sector investors". Vanguard.
  16. "ntel appoints TY Danjuma as chairman". Punch. 27 July 2016.
  17. "Ntel Appoints Danjuma as New Chairman". Punch. 28 July 2016.
  18. "Chairman of Westminster Security Solutions Nigeria Honoured by US Congress". 25 June 2016.
  19. "Between Okunbo's existential accomplishments and hubris". Vanguard. 20 June 2012.
  20. Tajudeen Adebanjo (30 November 2012). "A deserving honour". TheNation.
  21. "University of Benin honours Captain Idahosa Wells Okunbo". Nigeria Magazine.
  22. "Celebrating Greatness". Thisday. 18 March 2016.
  23. Sufuyan Ojeifo (10 October 2014). "Okunbo's heart of gold and royal recognition". Vanguard.
  24. "Season of blessings for Capt Hosa Okunbo". Encomium. 7 November 2014.
  • Ocean Marine Solutions Official Website
  • Oil Offshore Combinations Ltd Official Webpage
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