Top 10 Richest Men In Edo State

Edo State, located in southern Nigeria, is steeped in history, culture, and tradition, being the heartland of the ancient Benin Kingdom. Over the years, Edo has produced remarkable individuals who have played pivotal roles in the state, Nigeria, and even globally. These men have made outstanding contributions to politics, business, the arts, and social development, continuing the legacy of leadership for which Edo is known.

This blog post will highlight ten of the most influential men from Edo State who are still alive and whose impact continues to shape the narrative of the state and the nation at large.

1. Adams Oshiomhole

One of the most recognizable figures in contemporary Nigerian politics, Adams Oshiomhole is a former governor of Edo State and former national chairman of the All Progressives Congress (APC). Born in Iyamho, Etsako West, Oshiomhole rose to prominence through his leadership in the Nigerian labor movement, serving as the President of the Nigeria Labour Congress (NLC) from 1999 to 2007. His background as a trade unionist prepared him for his political career, where he became known as a man of the people.

Oshiomhole served two terms as governor of Edo State from 2008 to 2016. During his tenure, he undertook massive infrastructural reforms, including the building of roads, schools, and hospitals. His leadership style, often described as populist, earned him both admirers and critics. After leaving the governorship, Oshiomhole became the national chairman of the APC, a position in which he wielded significant influence in shaping the national political landscape.

2. Godwin Obaseki

Godwin Obaseki is the current governor of Edo State, having assumed office in 2016. An economist, businessman, and politician, Obaseki’s leadership has been marked by a focus on governance reforms, particularly in areas of public finance, education, healthcare, and infrastructure. Born in Benin City, Obaseki earned degrees in economics and finance from the University of Ibadan and Columbia University in New York.

Before becoming governor, Obaseki worked in the Nigerian financial sector and founded Afrinvest, a leading investment banking firm. His private sector experience has influenced his approach to governance, with an emphasis on transparency, accountability, and efficiency. Obaseki's administration has also focused on job creation, particularly through the Edo Innovation Hub, and expanding educational opportunities through initiatives like the Edo Basic Education Sector Transformation (EdoBEST) program.

3. Chief Gabriel Igbinedion

Chief Gabriel Igbinedion, also known as the "Esama of Benin," is one of Edo State’s most prominent traditional leaders and businessmen. Born in 1934 in Okada, Igbinedion is the patriarch of the Igbinedion family and is renowned for his vast wealth and influence. He is the founder of Igbinedion University, Nigeria's first private university, located in his hometown of Okada.

Chief Igbinedion’s wealth spans various industries, including oil and gas, aviation, real estate, and education. His influence within Edo State and beyond is significant, and he is regarded as a key figure in promoting private enterprise and educational development in Nigeria. His contributions to society, particularly in philanthropy, have earned him widespread recognition, both locally and internationally.

4. Lucky Igbinedion

Lucky Igbinedion is the former governor of Edo State and the eldest son of Chief Gabriel Igbinedion. He served as governor from 1999 to 2007 during the early years of Nigeria’s Fourth Republic. Before his tenure as governor, Lucky Igbinedion served as the chairman of the Oredo Local Government Area.

His tenure as governor saw some developmental strides, particularly in infrastructure, but it was also marred by allegations of corruption, which have continued to cast a shadow over his political career. Nonetheless, Lucky Igbinedion remains an influential figure in Edo State politics and within the Igbinedion family dynasty.

5. Tony Elumelu

Though often associated with Delta State due to his roots, Tony Elumelu, a renowned businessman, economist, and philanthropist, has strong ties to Edo State. Elumelu was born in Jos but has Edo heritage through his mother. He is the chairman of Heirs Holdings, United Bank for Africa (UBA), and Transcorp. As the founder of the Tony Elumelu Foundation, he is committed to empowering young entrepreneurs across Africa through his $100 million entrepreneurship program.

Elumelu’s contributions to the banking and energy sectors have had far-reaching impacts not only in Nigeria but across Africa. His philosophy of “Africapitalism” emphasizes the role of the private sector in driving economic development, and he continues to inspire and support thousands of young Africans in their entrepreneurial endeavors.

6. Captain Hosa Okunbo

Until his passing in 2021, Captain Hosa Okunbo was one of the most influential businessmen in Edo State and Nigeria. However, his legacy continues to resonate, making him an important figure to mention. A former commercial pilot, Captain Okunbo transitioned into entrepreneurship and became a major player in Nigeria's oil and gas industry, as well as in aviation, agriculture, and marine services.

He was the chairman of Ocean Marine Solutions, a leading provider of maritime security in the Niger Delta. Okunbo’s philanthropic efforts were also significant, with investments in education, healthcare, and community development. His influence, both as a businessman and a benefactor, has left a lasting impact on Edo State.

7. Prof. Patrick Utomi

Prof. Patrick Utomi is an influential political economist, professor, and public intellectual with Edo roots. Although he is often associated with Delta State, Utomi’s Edo heritage makes him a key figure for inclusion in this list. A professor at the Lagos Business School, Utomi is a well-known advocate for good governance and economic reform in Nigeria.

He co-founded the Lagos Business School and has been a presidential candidate in Nigerian elections, where he consistently promotes the need for transparency, economic diversification, and youth empowerment. Prof. Utomi’s contributions to thought leadership, policy advocacy, and education make him a major figure not only in Edo but across Nigeria.

8. Clem Agba

Clem Agba, born in Uzanu in Etsako East, is an influential figure in both business and politics. Agba is currently Nigeria’s Minister of State for Budget and National Planning, a position that places him at the heart of the country’s economic decision-making. Before his appointment to this position, he held various roles in the private sector, particularly in the oil and gas industry, where he worked for Chevron.

Agba's expertise in finance and budgeting has made him a key player in shaping Nigeria’s economic policies, and his work in government has earned him respect as a competent technocrat. He continues to be an important figure in Edo State's political and economic landscape.

9. Charles Idahosa

Charles Idahosa is a veteran politician and a highly respected figure within Edo State’s political circles. He has served in various capacities in the Edo State government, including as a commissioner and special adviser. Idahosa has been a loyal supporter of Governor Godwin Obaseki and played a significant role in the governor’s re-election campaign in 2020.

Idahosa’s political career spans decades, and his influence within the All Progressives Congress (APC) and the People’s Democratic Party (PDP) has made him a key figure in the state’s political dynamics. His role as a kingmaker and political strategist continues to shape the future of Edo State politics.

10. Prince Clem Agba

Prince Clem Agba is a significant figure in the government of Nigeria, serving as the Minister of State for Budget and National Planning. His role in government is crucial as he plays a pivotal part in determining the nation’s economic policies and budget allocations, which have a far-reaching impact on the overall development of Nigeria, including Edo State. Clem Agba’s influence in public administration and governance has positioned him as a key figure in Nigeria’s federal government.

Conclusion

The men listed above represent a diverse array of talents and influences, from politics and governance to business and philanthropy. They reflect the deep-rooted values of leadership, resilience, and community development that are synonymous with Edo State's heritage. Each has carved a niche for himself in his respective field, contributing not only to the growth of Edo State but also to Nigeria and the African continent at large.

These influential individuals continue to inspire new generations, creating a legacy of excellence and service that will shape the future of Edo State for years to come. Their leadership and success are testaments to the rich cultural and intellectual heritage of the Edo people.