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Profile | Sir Emeka Offor Biography, Net Worth Foundation And Source of Wealth

Sir Emeka Offor Biography, Net Worth Foundation And Source of Wealth. Detailed below

Onye Victor by Onye Victor
August 12, 2022
in Business
Profile | Sir Emeka Offor Biography, Net Worth Foundation And Source of Wealth

Sir Emeka Offor Biography, Net Worth Foundation And Source of Wealth

Profile

Emeka Offor is the Chairman of The Chrome Group. He is a Nigerian businessman, an oil tycoon, and a Philanthropist..

Early Life

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Sir Emeka Offor was born on February 10, in Kafachan, Kaduna, Nigeria, to Mr and Mrs Benneth Offor.

Emeka Offor Educational Background

Sir Emeka Offor had his primary education at Eziukwu Primary School in Aba, Abia State, and St. Michael’s Primary School in Ogbete, Enugu. On finishing his Primary school education, he started his Secondary school education at Merchant of Light School and then moved to Abbot Boys High School, Ihiala, Anambra State. After Secondary school, Emeka Offor taught in his Alma Mata – Abbot Boys High School, however, quit after a brief time. He left his town with his dad’s friend – Pa Geoffrey Abadi to Warri, Delta State.

Emeka Offor Marriage

Sir Emeka got married to his first wife named Nkiru Offor in 1982, in the year 2002 he then got married to his second wife named Joy Offor before he got married to his third wife named Adaora Vivian Ufondu.

Adaora is the daughter of a prominent businessman named Chief Alex Ufondu. Chief Alex is also a prominent businessman in Anambra State, he has also established several businesses in the Country.

Emeka Offor Family

Emeka Offor was born on the 10th of February 1957 to Mr. and Mrs. Benneth Offor in Kafachan, Kaduna, Nigeria. He hails from Irefi Oraifite in Ekwusigo LGA of Anambra State, Nigeria.

Emeka Offor Age

Real name:                    Emeka Offor

Date of birth:              10 February 1957

Country of Origin:       Federal Republic of Nigeria

Source of Wealth:       Businessman

Companies:                 Chrome Group

Net worth:         $2.9 billion

Source of wealth

Oil and gas

Insurance

Banking

Power

Logistics

Hotels

Telecommunications, and travel

Emeka started working with Rivways Lines Nigeria Ltd, an importer of bitumen goods, he became a transport clerk for this company that operates in Delta. He would later take the bold step to start his business.

Emeka Offor started delivering bitumen to large corporations like Julius Berger Nig. Ltd, Guffanti Nigeria Ltd, Fougerolle Nigeria Ltd, etc.

Businesses:

  • Nimek Investment Ltd,
  • Inland Containers Nigeria Ltd,
  • Blaze 91.5 FM,
  • Kiss 99.9 FM,
  • Starcrest Nigeria,
  • Kingsbury Trading Ltd,
  • Global Scan systems Limited (GSL),
  • Interstate Electrics Limited are just a few of the Chrome Group’s many subsidiary companies.
  • Kaztec Engineering Ltd

As a result of the privatisation of the power sector which birthed Enugu Electricity Distribution Company (EEDC), Emeka Offor was appointed as Chairman of EEDC.

Net Worth

Emeka Offor as one of the richest men from the Eastern part of Nigeria and has an estimated net worth of $2.9 billion.

Awards And Recognitions:

The Church of Nigeria, Anglican Communion Knight of Saint Christopher.

The Nigerian Union of Journalists (NUJ), Anambra State Council, awarded the philanthropist of the year award to him in 2012.

2012 Kpakpando Foundation for Physically Challenged Persons Humanity Award was given out to Sir Emeka Offor.

Emeka Offor was awarded the Dr Alex Ekwueme Award of Excellence for his remarkable commitment to education in Nigeria and Africa via SEOF – 2012.

An award by the Nigerian Library Association (NLA), and the Rotary International (RI) awarded him the Eminent Service Award – 2013 for his efforts to eradicate polio and book contribution.

Sir Emeka Offor Foundation (SEOF)

The Sir Emeka Offor Foundation (SEOF) is a charitable, non-governmental organization founded by Sir Emeka Offor in the early 1990s  and registered under the Companies and Allied Matters Act in 2006 to help people in need become independent and self-sufficient.

The Foundation seeks to alleviate suffering of the less privileged in society and is committed to providing support in the areas of human  capacity development, skills acquisition and the establishment of small and medium enterprises (SME’s) and cooperative societies. The Foundation has affected the lives of many Nigerians through its domestic programmes and projects which include:

-Youth Empowerment Programme
-Widows Cooperative Programme
-Education Programme
-Health Service Programme
-Infrastructure Development Programme

Controversy

In 2016, it was widely reported that Emeka Offor, is quite broke.

Several sources, including employees of his various companies who have not been paid for months, told SaharaReporters that the flamboyant businessman and politician is so cash-strapped that he frequently travels between Abuja and Lagos by road. Mr. Offor used to hire private jets for his trips within and outside Nigeria. But our sources said he has since last year been unable to afford the jets, which cost $6,000 per hour. “In the last two months, Chief Offor has traveled three times by road from Abuja to Lagos,” one source disclosed. He added that the owners of a leased private jet that Mr. Offor used to travel in confiscated the aircraft because the businessman could not pay accumulated lease fees.

According to the platforms sources, Mr. Offor still has enough personal funds to afford to make local first class flights in Nigeria, but has chosen the road option for fear that people may wonder what has become of his private jet if they see him on commercial planes.

“We do not know how things have become so hard for Sir E,” said a relative of the businessman who hails from Oraifite community in Anambra State. The relative added that Mr. Offor’s father died last February, but has yet to be buried because of the businessman’s financial crisis. “Sir E’s father’s remains have been in the mortuary in Ekwusigo Local Government Area for the past seven months because Sir E wants to give him a high profile burial which he cannot afford right now. He gets very hostile whenever we the relatives ask him when the old man’s burial will take place.”

SaharaReporters learned that Mr. Offor’s companies in Abuja have for one year been under lock and key because of the severe business challenges. Several disenchanted employees told our correspondent disclosed that Mr. Offor stopped paying their salaries shortly after President Muhammadu Buhari came to power in May 2015.

Mr. Offor, who for 16 years relished his media image as a top financier of the former ruling Peoples Democratic Party (PDP), raked in huge government contracts in the power, petroleum and communications sectors. A source at the Presidency told SaharaReporters that the businessman had made several attempts to have an audience with President Buhari, without success. The source said Mr. Buhari was aware of the controversies surrounding how Mr. Offor made his fortune, adding that the president was not eager to associate with “Aso Rock contractors,” a reference to businessmen who used their ties to those in power to accumulate obscene wealth. Our source said Mr. Offor was one of the numerous contracts during the 16-year reign of the PDP who got paid for little or no work done in an era when the economy was vandalized.

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