Sam Iwuajoku - cement tycoon

05/17/2014 18:41

Once the 7th richest Nigerian and ranked as 39 among the list of richest man in Africa, Sam Iwuajoku is a very close friend as well as the business partner of Mr Aliko Dangote, known as cement tycoon plus the owner of “Dangote Group” attributed in the Forbes List.  Mr. Iwuajoku was recently attributed in Forbes, along with 10 anonymous multi-millionaires in Nigeria. Mr. Iwuajoku is a skillful industrialist and businessman with an eager vision for latest opportunities. Sam Iwuajoku has completed “Chemical Engineering” degree from “California University” and has extensive understanding in the Steel and Commodities, Oil and Gas businesses, etc. He is the Director as well as the sole owner of these companies mentioned here. Corporate Oil and Gas Ltd. That deals with Oil and Petroleum Products, Intercity Commodities Ltd. that deals with Bulk commodities supplier, Steelman Nigeria Ltd. that deals with Steel and Billets, and Unigate Investments Ltd. that deals with Stock Trading Company.


He has been the CEO of two organizations: Chairman and CEO of Afri Infrastructure Development Ltd (2011) – Present (3 years), and both Chairman plus CEO of Quits Aviation Services Ltd (January 2008) – Present (6 years 5 months) Nigeria. Having purchased a dealer 800 business jets during late1990s, his concentration in aviation has full-fledged to comprise aviation services and creation. After starting Afri Infrastructure Development Ltd. and Quits Aviation Services Ltd. in the year of 2011 and 2008 respectively, Sam has completed and operated the first and only world class universal aviation services facility at the “Lagos International Airport” with the partnership of ExecuJet Aviation Group.

In the year of 2008, Sam Iwuajoku as chairman of the “Corporate Oil and Gas” led a 22 man administrative management group of “Dubai World” started by “Mr Sultan Ahmed. They held premeditated talks with the President of Nigerian “Mr Umara Musa Yar'Adua” intended for a USD five billion investment to be done into Nigeria's market by Dubai World in favor of building of a latest seaport in Lagos, a refinery as well as petrochemical plant, construction of a new satellite town in Abuja, and hotels and power plants.