Micheal Ade Ojo
Quick Facts
Biography
Michael Ade-Ojo, OON (born June 14, 1938) is a Nigerian business magnate and founder of Elizade University in Ilara-Mokin Ondo state, Nigeria.
Early life
Michael Ade-Ojo, known as "The Chief" is a Yoruba from Ondo state southwestern, Nigeria and was born on June 14, 1938 in Ilara-Mokin, a town in Ondo state into the family of the late Chief Solomon Ojo (c.1878-1956), the Lisa of Ilara-Mokin, and Mrs. Beatrice Ademolawe Ojo (1891-1991), the 5th of six children. He attended St. Michael’s Anglican School, Ilara-Mokin, Ondo State, Nigeria (1944-1950). He later attended Imade College, Owo, Nigeria (1954-1958), where he obtained the West Africa School Certificate. He proceeded to the University of Nigeria, Nsukka (UNN) in 1961, where he obtained a Bachelor of Arts (B.A.) degree in Business Administration in 1965.
Achievements
Chief Michael Ade-Ojo is the founder of Elizade University, Ilara Mokin, Ondo State and Elizade Motors.
Today, the company which Ade Ojo started with just one support staff in 1971 has become a conglomerate with several subsidiaries including Toyota Nigeria Limited, Mikeade Investment Co. Ltd, Mikeade Property Dev. Co. Ltd, Classic Motors Ltd, Elizade Autoland Nigeria, Okin Travels Ltd, Oodua Creations Ltd, among others.and just recently, The Chairman, Toyota Nigeria Limited, and founder of Elizade Nigeria Limited, Chief Michael Ade.Ojo, for more than four decades, he has bestrode the Nigerian automotive sector like a collosus,He began to sell various auto brands like Peugeot, Volkswagen, etc, before finally settling for Toyota, a product he turned to a household name in the country. has challenged his son, Demola, who is leading the Elizade Autoland in pushing a new baby of the company, the JAC, to make the Chinese brand another household name among automobile lovers in Nigeria.
Ade.Ojo, who said there was still more for Toyota to achieve in Nigeria, also urged the JAC handlers to take a cue from leading auto brands by targeting the number one position.
He said, “We want to continue to be the number one auto company in Nigeria and make the JAC brand to become the number two or even overtake Toyota. I want to see a healthy rivalry between the two automobile brands that are connected to me in Nigeria.”
Ade Ojo is gradually transforming his native town Ilara-Mokin from a village to an economically vibrant town through his various community development projects.President Muhammadu Buhari has congratulated the Chairman of Elizade Motors, Chief Michael Ade-Ojo, as he celebrates his 80th birthday on June 14. Malam Garba Shehu, the President’s Senior Special Assistant on Media and Publicity, in a statement in Abuja on Wednesday said the president’s congratulatory message was contained in a letter addressed to Chief Ade-Ojo by the president. President Buhari joined the business community, family and friends of Chief Ade-Ojo in felicitating with the “highly resourceful entrepreneur as he celebrates his 80th birthday on June 14, 2018.’’
Fellowship
- Fellow, Academy for Entrepreneurial Studies (F.AES) by Ausbeth Ajagu (2007)
- Fellow of Lagos State Polytechnic, Ikorodu, Lagos. 2009
Personal Life
Chief Ade-Ojo married his first wife, Elizabeth Wuraola Ade-Ojo, who he met at the University of Nsukka in the 1960s. He combined her first name Elizabeth with his middle name, Ade, to create his company name Elizade. He later added his middle name to his last name, Ojo, and it became Ade-Ojo. Among his children include Adeola Ade-Ojo, a fashion designer, Olakunle Ade-Ojo, a businessman, and Ademola Ade-Ojo, a businessman as well. Both f his sons are managing directions in Toyota Nigeria.. His wife died and he later remarried to Taiwo Ade-Ojo in 2012.