Business
Salute to a Champion Extraordinaire, Jubril Adewale Tinubu at 58
-By Adebayo Adeoye
For Jubril Adewale Tinubu, the head honcho of leading Oil and Gas company, Oando Plc, getting positive result that will position Oando as a world class brand to reckon with remains his top priority. He is proving to the world that; he knows the Oil and Gas business like the back of his hands.
The very brilliant businessman is proving to the world that he is definitely a master in the art of making money.
To say that the Lagos State born is a big player in the oil and gas industry is stating the obvious, in fact, he has emerged a glittering star in the business firmament. The trained lawyer plies his trade in such a way that makes many of his competitors green with envy. Indeed, he enjoys uncommon grace so much that he now sits atop a multi-billion naira conglomerate with various subsidiaries in oil & gas, properties and so many other businesses scattered around the world.
It’s no longer a hidden fact that the Oando boss, had always displayed his unrivalled wizardry and Midas touch with his wealth of experience in business. This has helped him weathered all typhoon storm surfacing.
Wale Tinubu is still standing tall like the proverbial iroko tree.
The czar and his team had yet again proved their worth by keeping Oando afloat and also put smiles on the face of investors by positioning the oil firm among the best in the world.
With this growth as revealed , the man has been described as a champion extraordinaire whose magic wand is forever potent even when least expected.
Wale Tinubu’s success may not come as a surprise to those close to him
because he has over the years, shown evidence that he’s well versed in
oil and gas business; and like a business cognoscenti, he knows when to
throw the dice and even reinvent in a shaky business environment. The
words of a former British Prime Minister, Winston Churchill; “The
empires of the future are empires of the mind” gives credence to Tinubu’s evident ability to successfully overcome challenges.
The story started almost 31 years ago, precisely December 1994, from a relatively small company, Ocean and Oil Services Limited with his friends, Omamofe Boyo and Onajite Okoloko to supply diesel and Low Pour Fuel Oil (LPFO) to various industries, shipping firms and exploration.
Tinubu has grown into perhaps one of the biggest players in world oil business. To those with discerning minds, his success, which ranks him as not one of your run-off-the-mill businessmen, is rooted in his uncommon brilliance and business acumen.
Interestingly, more than three decades aher sowed in pains, the investment has grown, before his very eyes, to become a multinational conglomerate worth millions of dollars spread across five West Africancountries. At the outset, they bought their first vessel, MT Carolina, in the mid-90s to supply diesel to off-shore companies from the Port-Harcourt Refinery.
Tinubu’s continued success is worthy of emulation by entrepreneurs and prospects especially in Nigeria’s inclement business environment.
In philanthropy, Tinubu takes seriously the Islamic teaching that enjoins the faithful to be generous. Today, in Nigeria, his name ranks among those most synonymous with the altruism. Blessed with a deep – pocket, a large heart and even deeper passion for humanity, the philanthropist has over the years proved to be a pacesetter in terms of humanitarian gestures.
In this, he deserves a resounding thumbs up. He has lifted countless souls with his magnanimity; he has been an angel of hope for the heavy-hearted around him; he has also lavished his favours on millions around the globe; and he has provided a torch that lights the dark path of the hopeless in the society.
As an entrepreneur of repute, he has provided employment opportunities for several, in and outside the country, thereby enabling them to live their dreams.
Though he does not court publicity for his humanitarian gestures, he is nonetheless an unsung hero. His worthy deeds have not gone unnoticed, as he has been honoured, both at home and abroad for making his world a better place to live in.
The Niger Delta Chamber of Commerce, Industry, Trade, Mines and Agriculture (NDCCITMA) has dismissed allegations that it appropriated the Niger Delta Economic & Investment Summit (NDEIS) brand, insisting it lawfully obtained trademark acceptance for the name and will proceed with its 2026 summit as scheduled.
In a statement issued on September 12, 2026, the chamber described claims by Kunle Nwiwa Junior as “cheap blackmail, misleading, mischievous and a misrepresentation of the facts,” maintaining that it independently developed the summit and followed all required regulatory procedures.
According to NDCCITMA, it applied for and received a Trademark Acceptance Letter for the name Niger Delta Economic & Investment Summit (NDEIS) in August 2025 under File No. NG/TM/O/2025/387284.
The chamber said the chronology of events contradicts allegations that it copied another party’s application, arguing that its trademark acceptance predated the period during which Nwiwa’s own application was reportedly still pending before the relevant authorities.
“Economic Summit” is a generic expression
NDCCITMA further argued that the phrase “Economic Summit” is a generic description widely used for conferences that bring together governments, investors, businesses, development institutions and other stakeholders to discuss investment and economic development.
The chamber maintained that while concepts may be widely used, legal protection only arises from recognised intellectual property rights, including duly registered trademarks and other enforceable proprietary interests.
It therefore rejected suggestions that any individual or organisation has exclusive ownership of the broader concept of an economic summit.
Court grants interim injunction
Addressing reports that the summit had been halted, NDCCITMA said the dispute is already before the Federal High Court in Port Harcourt and that there is no court order restraining the event.
The chamber disclosed that in Suit No. FHC/PHC/CS/57/2026, Justice Stephen Dalyop Pam granted an interim injunction restraining the defendants—Kunle Nwiwa Junior and Keneva Consult Ltd.—from interfering with the planned summit.
According to NDCCITMA, the court also directed the defendants to remove publications, notices, petitions, social media posts and other statements allegedly considered damaging to the chamber’s name, integrity and reputation pending the hearing of its motion for interlocutory injunction.
The matter has been adjourned until September 22, 2026 for further hearing.
Chamber rejects ₦500 million demand claim
NDCCITMA also alleged that it had received a demand from Nwiwa Junior requesting ₦500 million as a condition for abandoning his claims over the summit.
The chamber said the demand was rejected, adding that it subsequently petitioned the Inspector-General of Police over what it described as repeated harassment and threats directed at its officials.
It said the petition sought police intervention, including inviting the complainant for questioning and caution where necessary.
Summit opens September 15
Despite the legal dispute, NDCCITMA reaffirmed that the 2026 Niger Delta Economic & Investment Summit will hold from September 15 to 17, 2026, at the Obi Wali Conference Centre in Port Harcourt, Rivers State.
The summit will be held under the theme “Driving Investment, Innovation & Industrial Growth in the Niger Delta” and is expected to bring together policymakers, investors, business leaders, development partners and industry stakeholders to discuss economic transformation across the region.
The chamber said it remains committed to promoting commerce, industry, trade, mining, agriculture and sustainable economic development throughout the Niger Delta while allowing the courts to determine all outstanding legal issues.
Tinubu Niger Delta summit opens in Port Harcourt as investors and policymakers gather to drive investment, innovation and industrial growth
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