Inside Details: Those Who Should Know Provide Major Insight Into The Mystery World Of Mike Adenuga

A major insight has been provided into the mystery world of one Africa’s richest, Michael Adeniyi Agbolade Ishola Adenuga.

Insiders have provided details that go a long way in explaining how he spends the larger chunk of his time.

The details available indicate the king of commerce simply known as Mike Adenuga wasn’t paying lip service when he declared that “There is no magic to achievement, it’s really about hard work, choices, and persistence.”

Insiders disclosed that the Globacom Chairman probably works harder than every other person in any of his businesses.

“Because he oversees everything and has an input in everything” societynow.ng learned.

Insiders disclosed that Adenuga is so involved in his businesses that he conducts personal interviews – the last stage of the recruitment process – before any staff is hired, particularly at Globacom.

Globacom with over five thousand staff and operations in different parts of Africa is dubbed the cash cow of the reclusive man of wealth.

Societynow.ng gathered that Adenuga engages in back to back reviews of the performances of all his businesses and deliberates with staff on decisions to be taken on everything.

“He is a tireless worker. He coordinates everything that is happening, he is totally embedded in the operations of his companies, he gives the go-ahead before anything gets done” an insider divulged.

Those who should know confirmed that juggling meetings among staff of different enterprises he is involved in and giving approvals after intense deliberations naturally takes a chunk of the Billionaire’s time.

“You can imagine how much hours, time Doctor (Adenuga) devotes to the meetings with staff, but he doesn’t seem to mind, he actually comes across as really enjoying it. He has adopted that approach of running his businesses for ages and doesn’t appear ready to slow down” societynow.ng learned.

Societynow.ng gathered that the Billionaire usually host the meetings which defy timing at his one stop wonder abode in Billionaires’ haven located in Lagos – Banana Island.

The world of its own is said to contain all that caters for the needs of the man of extraordinary Nigerian including a church and a mosque and houses multiple duplexes with more than adequate provisions for guests as well as hall for meetings.

The Billionaire’s major businesses include cash cow – Globacom (Telecommunication), Consolidated Oil (Oil and Gas) and Convenant Apartments Limited (Real Estate).

These are outside of unlisted investments whose unknown value continue to deny Adenuga his rightful spot in the official list of the richest people in Africa – and world – as compiled annually by the barometer of success known as Forbes.

Inside Details: Why Adenuga Has Refused To Claim His Spot In Ranking Of Africa’s Billionaires

The added revelation available to societynow.ng revealed that Adenuga is so particular about the running of his businesses that he refuses to let the threats pose by Covid-19 interfere in the way he does his things.

“He stuck to the schedule of his business meetings with staff and just increased safety measures for all physical meetings at his residence “ societynow.ng learned.

Insiders insist the Billionaire businessman sleeps, dreams and lives his businesses and how to make the best of the opportunities available.

According to a source two quotes from Adenuga paints clear pictures about his living and they are “I think there are a lot of people with family connections but who are actually nowhere. If you are hardworking and determined, you will make it and that’s the bottom line.” and “I grew up in poverty, but I always saw it as a challenge. The good thing is that you can surmount a challenge if you are willing to pay the price. The price is hard work.”

Those who should know affirmed that indeed Adenuga is paying the price to achieve his dreams with seclusion from “regular life” and willingness to work hard, even harder than his staffer to better where he is.

Narrating an incident that tells the story of how hard Adenuga works and how dedicated he is to improving the services he offers, a source stated “In the early days of Globacom, one of the very Senior technicians received a call some minutes past midnight. It was from the chairman asking him why network was not as good as it should be around Maryland (Lagos). The man was flustered, Doctor told him to get it fixed first thing in the morning. Obviously while the workers slept, the owner of the business was prowling different sites checking the strength of signals and how well customers are enjoying the services. He does that a lot in different molds. That’s how hard he works, his involvement is not limited to only meetings with executives.”

Forbes in its latest edition rates Adenuga as the 5th richest person in Africa with an estimated wealth an estimated net worth of $6.3B attributed to earnings from operations in Telecom and Oil, a valuation which has been intensely contested by those who should know as incorrect because not all the Billionaire’s businesses and streams of income are listed.