Sulaiman Adebola Adegunwa

Sulaiman Adebola Adegunwa ListenⓘOFR, is a Nigerian businessman, philanthropist, and former chairman of Sterling Bank Plc. He is the founder and chief executive officer of Essay Holdings Limited; Parent Company of Rite Foods Limited.[1] He is a member of the Board of directors of Thai Farm International Limited, a Nigeria-based company that focus on the production and processing of cassava. He is the founder of Sulaimon College of Education, Ososa, Ogun State, Nigeria.[2]

Career

Adegunwa hold doctorate degree honoris causa from the Lagos State University and Olabisi Onabanjo University.[3] On 22 December 2005, he was appointed the executive director of Sterling Bank Plc, a position he held until July 2014.[4] In 2006, he was conferred with a national honor of the Officer of the order of Nigeria(OON) by chief Olusegun Obasanjo the former President of Nigeria.[5]

Early life and background

Adegunwa hails from Ijebu Ososa in Ogun State, Nigeria.[6] He began his career as a photographer before transitioning into business and industry.[7]

Business interests

Adegunwa is the founder and Chairman of Rite Foods Limited, a beverage and food company whose brands include Bigi drinks, Fearless Energy Drink, and Rite Sausages.[8] Rite Foods competes with major multinational beverage companies in the Nigerian market.[9]

He owns Adebola House, a prominent commercial property located in Opebi, Ikeja, Lagos State.[10]

Honours and recognition

In 2006, Adegunwa was conferred with the national honour of Officer of the Federal Republic (OFR) by President Olusegun Obasanjo.[11] He holds honorary doctorate degrees from Lagos State University and Olabisi Onabanjo University.[12]

In April 2024, Adegunwa was conferred with the traditional title of Asiwaju of Ijebu by the Awujale of Ijebuland at a ceremony held at the Awujale Pavilion in Ijebu Ode, Ogun State. President Bola Tinubu, represented by Vice President Kashim Shettima, described him as a living legend and one of the greatest sons of Africa.[13]

References

  1. ↑ "Fototec boss reneges on house donation to LASU". Retrieved 9 February 2016.
  2. ↑ "Adegunwa hands over Education College to Varsity". The Nation. Lagos, Nigeria.
  3. ↑ "TASUED honours Oba Adetona, Adegunwa, Bisi Fayemi". P.M. News. Lagos, Nigeria. Retrieved 9 February 2016.
  4. ↑ "For Awujale @ 80, its moment of accolades". Peoples Daily. Abuja, Nigeria. Retrieved 9 February 2016.
  5. ↑ "Nigerian National Awards". NigerianMuse. Retrieved 9 February 2016.
  6. ↑ "See The Untold Story of The Chairman Founder of Rite Foods". Opera News. Retrieved 30 June 2026.
  7. ↑ "See The Untold Story of The Chairman Founder of Rite Foods". Opera News. Retrieved 30 June 2026.
  8. ↑ "President Tinubu applauds Dr Sulaiman Adegunwa as he becomes the Asiwaju of Ijebu". Business247 News. 30 April 2024. Retrieved 30 June 2026.
  9. ↑ "See The Untold Story of The Chairman Founder of Rite Foods". Opera News. Retrieved 30 June 2026.
  10. ↑ "See The Untold Story of The Chairman Founder of Rite Foods". Opera News. Retrieved 30 June 2026.
  11. ↑ "Nigerian National Awards". NigerianMuse. Retrieved 30 June 2026.
  12. ↑ "TASUED honours Oba Adetona Adegunwa Bisi Fayemi". P.M. News. Lagos, Nigeria. Retrieved 30 June 2026.
  13. ↑ "President Tinubu applauds Dr Sulaiman Adegunwa as he becomes the Asiwaju of Ijebu". Business247 News. 30 April 2024. Retrieved 30 June 2026.
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