Otunba Mike Adenuga decorated with the Highest Civil Award From President Of Ghana
Otunba (Dr.) Michael Adeniyi Agbolade Ishola Adenuga Jr (born 29 April 1953) is a Nigerian business tycoon, and the second richest person in Nigeria. His company Globacom is Nigeria’s second-largest telecom operator, and also has a presence in Ghana and Benin and he has just bidded to buy Ivorian mobile telecoms operator Comium Cote d’Ivoire to the tune of $600million.
A higher estimate of Globacom’s revenues led Forbes to increase the value we assign to it. His exploration outfit, Conoil Producing, operates 6 oil blocks in the Niger Delta. He also owns real estate firm Proline Investments, which has hundreds of properties throughout Nigeria. Adenuga studied in the United States, getting an MBA at Pace University in New York, where he worked as a taxi driver to support himself. He returned to Nigeria and made his first fortune trading lace and Coca-Cola. Along the way he made friends with Nigerian military bigwigs who awarded him lucrative state contracts; those formed the foundation of his fortune.
He bagged the highest civil award in the country “The Companion of the Star of Ghana (CSG)” in recognition of his contributions to the growth and development of telecommunications across Africa. Dr. Adenuga was formally decorated with this honour by President John Mahama on Saturday, 29th of October, 2016 at the Accra International Conference Centre.
“This Award is in recognition of his unique and outstanding contribution to business enterprise both in Ghana and the continent of Africa at large,”
President Mahama said Dr. Adenuga has touched many lives through his creative exertions.
“You have provided employment for our teeming youth, artists, footballers and many more. I am particularly proud of you. This award is our way of saying a simple Thank You”, the President said.
Dr Adenuga’s citation commended his “transformational achievements in the telecommunications industry”, chief of which included the laying of the Glo 1 optic fibre cable linking several African countries including Ghana with Europe and America.
In his remarks, Dr Adenuga expressed joy at President Mahama’s “recognition and support of his modest contributions to the development of Ghana’s economy” and explained that these “have come as a great source of pride and encouragement to him. This is more so as it is coming from Your Excellency, whose sterling qualities of leadership I admire greatly”.
Dr Adenuga, a Forbes rated multi-billionaire, has received numerous awards within and outside Nigeria over the years. He was honoured by the Federal Republic of Nigeria with the National Awards of the Officer of the Order of the Niger (OON), Commander of the Order of Niger (CON) and later with the award of Grand Commander of the Order of the Niger (GCON).