Oil Man Ovundah Arakolo Laps Up The Good Fortune Of Marrying A “Good Wife” To Become “Popular & Generous”

There is an emerging socialite about town.

And he is Ovundah Arakolo.

Those who should know disclosed the “oil man” is the latest “popular” and “generous” dude about town.

He is said to be particularly well known in the Abuja and Portharcourt Areas of town.

His generosity is said to defy gender.

And well acknowledged across entertainment spots.

And how did he come across this good fortune that is bringing him fame?

Sources trace it to the good fortune of marrying a wonderful wife.

His wife Solate is the daughter of highly connected player in the petroleum industry Chief Lulu Briggs.

And courtesy of this connection Ovundah is said to be making his own wealth.

This is especially as his wife is the Deputy Managing Director of MoniPulo Ltd, the multi – billion Naira money maker of the briggs family.

Founded by Lulu Briggs – who is also the chairman – Moni Pulo Limited, is an oil exploration and production company.

Moni Pulo was awarded its first oil block in 1992 when the Nigerian president at the time, Ibrahim Babangida, was encouraging indigenous participation in the upstream sector of the oil and gas industry. The company currently has oil blocks in Ondo state, Abia and Akwa-Ibom state. Its flagship project, OML 114, produces 10,000 barrels per day. Along with his wife, he funds the O.B Lulu Briggs Foundation, which provides humanitarian services to rural communities.

Son in law Ovundah is said to be making his own wealth on the Briggs platform by executing deals on behalf of his wife with silent permission of his father in law.

“And he is obviously doing well in the arrangement hence his current status” a source pointed out.