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Tijani Babatunde Folawiyo



Tijani Babatunde Folawiyo

Tijani Babatunde Folawiyo is a Nigerian businessman and the Managing Director of Yinka Folawiyo Group. Tijani Folawiyo was listed by Forbes magazine in 2014 as African’s number 39th richest person.

Tijani Folawiyo was born on the 12th of April, 1960 into the family of late Wahab Iyanda Folawiyo an Islamic leader and a well-known Nigerian Business man that founded the Yinka Folawiyo & Sons, a company that was set up to develop import and export between Nigeria and the rest of the world, where he served as the chairman of the company before he passed away in 2008.

After his secondary education, he went to the London for his tertiary education. He graduated with a Bachelor of Science degree in Economics and an LL.B from the London School of Economics in 1980 and 1984 respectively.

He also went further to obtain an LL.M degree from the University College London in June 1985.

Tijani was called to the Bar of England and Wales in 1985. He started his law practice in Nigeria with the firm Ogunsanya, but resigned from law practice in 1989 and joined his family business and took over after his father’s death in 2008.

He is the Chairman and Executive Director of the Yinka Folawiyo Group; a conglomerate which was founded by his father Wahab Folawiyo.

The organisation is involved in energy, agriculture, shipping and real estate. The company’s oil exploration firm, Yinka Folawiyo Petroleum, owns a 60% interest in an oil block that contains the Aje offshore field.

Tijani Folawiyo is a board room guru as he seats on the board of different leading organizations. He serves as the Director of MTN Nigeria Ltd, Tunde was previously a non-Executive Director of Access Bank plc (formerly Intercontinental Bank Nigeria), and he is a member of the global advisory board of the African Leadership Academy.

The African Leadership Academy is a pan-African institute committed to developing and mentoring new generations of African leaders.

He has also led several international strategic ventures in petroleum distribution through F. Energy, electrical power in partnership with AES Nigeria Barge Limited, as well as banking.

He is a leading figure in the Nigerian business community. During the 2005 recapitalization/consolidation exercise in the banking industry, Mr. Folawiyo led Marina International Bank Ltd into a successful merger arrangement with Access Bank Plc.

He serves as the Chairman of E-Motion Advertising Limited and also serves as the Non-Executive Chairman of Travant Capital Partners.

Tijani has also served as the Vice President of Nigeria Association of Indigenous Petroleum Explorers & Productions (NAIPEC).

He is also a fellow of the Duke of Edinburgh’s World Fellowship a network of philanthropic individuals looking to support the development of young people, and a member of the Governing Council of the Lagos State University and the Lagos State Government.

In addition to that he is part of the Board of Trustees of Crescent University in Abeokuta.

Folawiyo’s hard work has not gone unnoticed. He has received many notable honours in acknowledgment of his contributions and achievements.

In 2010, he received the African Leadership Award. He was awarded an honorary doctorate in business administration from Crescent University in Abeokuta. He serves as a Goodwill Ambassador and Honorary Citizen of the City of Houston and Honorary Consul of Barbados.

Tijani Folawiyo’s pretty wife, Reni Folawiyo is the daughter of top Islamic and influential cleric, Alhaji Adegbite.

She is a businesswoman and the founder of ‘Alara’, a concept store in the heart of Victoria Island, Lagos that seeks to redefine luxury fashion for Nigerians.

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