Friday 13 December 2013

Tunde Folawiyo | Economy


Tunde Folawiyo

Tunde Folawiyo, is a respected businessman, philanthropist and advocate for the growth of education and commerce throughout Africa. He continues to serve his native Nigeria with his role in several leading companies and academic institutions throughout the region. It is with a great passion for exploring new opportunities that drives Tunde Folawiyo’s determination to promote the continent’s prosperity.

Tunde Folawiyo’s leadership of various Nigerian companies has contributed to the advancement of the country’s economy. A brave proponent of expanding Nigeria’s indigenous petroleum sector, Tunde Folawiyo founded Folawiyo Energy Ltd, a company responsible for the throughput of approximately 30% of the nation’s premium motor spirits. Folawiyo Energy Ltd. is a successful subsidiary of the Yinka Folawiyo Group of Companies, a dynamic conglomerate with global business interests of which Tunde Folawiyo is the current Group Managing Director and CEO. He also serves as the Vice-President of the Nigerian Association of Indigenous Petroleum Explorers and Productions (NAIPEC), a role that is key in furthering his mission toward broadening Nigeria’s energy market.

The impact of Tunde Folawiyo’s contributions to the Nigerian economy are exemplified through his directorship of leading companies throughout Africa. He currently serves as a director, founding shareholder and board member of MTN Nigeria Communications Ltd, the country’s premier telecommunications provider.

Tunde Folawiyo’s academic accomplishments have provided the ideal platform to continue his mission in contributing to the educational advancement of Africa’s youth. With a Bachelor of Science in Economics and a Master’s degree in Law from the London School of Economics, Tunde Folawiyo was awarded an honourary doctorate degree in Business Administration from Crescent University in Abeokuta, a university of which he was appointed member of their governing council. A distinguished recipient of the 2010 African Business Leadership Award, Tunde Folawiyo’s dedication to the spread of philanthropy is channeled through his role as a director of the African Leadership Academy, an institution whose mission lies in encouraging the developmental success of Africa’s young leaders. As a Goodwill Ambassador, Honourary Consul of Barbados and member of the prestigious Duke of Edinburgh’s World Fellowship, Tunde Folawiyo’s initiatives toward improving conditions throughout Africa have proven tremendously beneficial to Africans of all ages.