Ifeanyi Ubah Biography And Net Worth 2021


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Ifeanyi Ubah Biography And Net Worth 2021
Posted on: April 28, 2021, 08:50:48 AM
The post seeks to expose the biography of one of Nigeria's foremost politician and businessman, Ifeanyi Patrick Ubah. His place of origin, date of birth, and relationship details would be discussed as well within this content. The politician's business and political strides, including his education wouldn't be left behind in the post.

For a start, Ifeanyi Ubah is a senator of the federal republic of Nigeria. He represents Anambra South Senatorial District in the Nigerian senate. A successful businessman, Ifeanyi Ubah is the owner Capital Oil and Gas Limited, an oil firm which operates in the Nigerian oil downstream sector. He owns a football club in the Nigeria Premier League named after him, Ifeanyi Ubah FC. The Anambra born business mogul is the founder of The Authority Newspaper, a Nigerian daily newspaper.

Ifeanyi Uba — The Profile

Full Name:Ifeanyi Patrick Ubah
State Of Origin:Anambra State
Date Of Birth:3rd of September, 1971
Place Of Birth:Anambra State
Political Affiliation:Young Progressive Party, YPP
Source Of Income:Businessman/Politician
Net Worth:$2 billion Dollars
Marital Status:Married
Spouse:Uchenna Ubah

Childhood Background And Parenting

On 3rd September 1971, Ifeanyi Ubah was put to birth to the family of Alphonsus and Patty Ubah in Anambra. He's an indigene of Umuanuka village in Otolo town of Nnewi, an industrial city in Anambra. Both the father and mother were school teachers, and no other known details of them has been made public.

Young Ifeanyi had to drop out of school due to the parent's inability to cater for all their seven children's education needs. From Premier academy, Lugbe, Abuja, Ifeanyi ventured into trade. During his youthful age, he developed himself in the trading occupation he chose, attending seminars in business management and leadership.

Ifeanyi studied Owner/President Management Program at Harvard University, Massachusetts, USA.

Ifeanyi Ubah Business And Entrepreneurial Strides

Trade in auto spare parts is said to be Ifeanyi Ubah's first business doing after dropping off school. From then, he majored in Tyre supplies. His exportation of tyres initially from Nigeria to Ghana, extended to Sierra Leone and Liberia within a period of three years.

It is noted that Ifeanyi had settled in Liberia after bloom of business there, but however had to return to Nigeria due to the Liberia civil war as at that time. Back in Nigeria he expanded trade of auto spare parts to the Democratic Republic of Congo, DRC. During this time his business was flourishing with successes at the various branches of it. From exports to the DRC, Ifeanyi extended his outfit to South Africa, Dubai, Belgium, in addition to several other countries.

One remarkable attribute of Ifeanyi Ubah which contributes to the success of his business is his pursuit of knowledge and unrelenting spirit. He attended workshops necessary to add value to his business, and one of such exhibitions and workshops includes the Automechanika in Messe, Germany, world’s leading trade fair for the automotive service industry. These strides reflected positively on his business outfit.

His Foray Into Oil And Gas Business

Capital Oil SPRL was Ifeanyi Ubah's first oil company, and it was established in the Democratic Republic of Congo, DRC. The company served to supply oil and gas to industrial establishments and transporters in the country after being imported from Nigeria. Ibeto Cletus's owned Ibeto Petrochemicals Nigeria was the company which he imported the commodity from. However, like an earlier similar occurence in Liberia, the unrest in DRC forced him to leave there for Nigeria.

Capital Oil and Gas Industries Limited

Upon getting back to his country of birth, Ifeanyi Ubah established a Nigeria operation for his company. With help from associates, he secured the incluaion of his firm as an operator in the downstream sector of the Nigerian petroleum industry.

Following the company's extension into haulage, transportation and petroleum products, the company in 2011 had the largest depot facility in the country, taking a dominant role in the oil downstream sector. The company has extensions in South Africa, Belgium, Dubai and UK.

Dr. Ubah sits on board of several other companies including Knoll and Hachfer Engineering Co Ltd, Chevron Oronite & Chemical Co Ltd and Hero Communications Ltd

The Authority Newspaper And Ifeanyi Ubah Football Club

The Authority Newspaper, a Nigerian daily newspaper published by The Authority Media and Publications Limited is under the ownership of Dr. Ifeanyi Ubah. It was established on 0ctober 19, 2015. The paper covers national issues, happenings around the country, and with spotlight on the international scene.

Also under the ownership of Ifeanyi Ubah is a football team named after him, Ifeanyi Ubah Football Club. This was possible due to the acquisition and subsequent rebranding of Gabros International Football Club by the businessman in 2015.

The football club is known to be the first in the country to get the signature of several Brazilian football players, and within a year of stay in the Nigerian league, the club won the Nigeria FA cub. The club has successfully partnered with European football clubs including West Ham United FC of England.


Ifeanyi Ubah is currently a Senator in the 9th Assembly of the Nigerian Senate. He is a member of the Young Progressive Party, YPP, and he's currently the only senator elected under the party. He was declared winner of the Anambra South Senatorial elections on 24th February 2019.

In 2014, he contested the Anambra gubernatorial election under the Labour Party but lost. Presently, he's hopeful of being the governor of Anambra state, as he would be contesting again in this year's gubernatorial election.

Marital Life

Uchenna Ubah is the wife of Ifeanyi Ubah. The lady is an Executive Director at Capital Oil and Gas Industries Limited and holds a bachelors of science B.Sc (Hons) degree in business administration as well as a master’s degree in business administration (MBA) from Ahmadu Bello University. The marriage is blessed with five children.

Recognitions and Awards

Ifeanyi Ubah has some notable recognitions to his name. They are:

  • Honorary Doctorate of Management Technology by FUTO — 2013                                                                 
  • Merit Award by FCT Football Association — 2015
  • Outstanding Personality at Consumersng Awards — 2016
  • Grand Commander by Apex Igbo Socio-group — 2017
  • Prestigious Fellow Award by Institutes of Chartered Mediators and Conciliators — 2017                                                             
  • Reputation Award from the Nigerian Institute of Public Relations, Anambra State Chapter — 2017
Ifeanyi Ubah is a philanthropist, and has offered various humanitarian services to people through his Ifeanyi Ubah Foundation. He has offered scholarships to various students, built hostel block at the Nnamdi Azikwe University, and has donated several sums of money to institutions and organisations. Notably, his foundation in 2018 partnered with the Tin Foundation to give free legal services to some inmates at the Nnewi prison.

Dr. Ubah is one of the richest businessman in the country, and his Networth is estimated at $2 billion dollars.


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