Olayinka Olaoye is one of the youngest Chief Executives in the Oil and Gas industry in Nigeria. The Ibadan born businessman is the CEO of Fanfaro Oil in Abuja. He’s also the co-founder Pediforte Coding Academy. In this interview ,Olaoye revealed to us how he became a businessman at a tender age, his political career among other interesting issues. Excerpts
Can you talk more about your business
FANFARO is one of the brands of the SCT Lubricants Group. All products are produced in two factories in Lithuania (Klaipeda on the Baltic Sea) and in the Republic of Belarus (Minsk).
The company was founded to meet the requirements of the European and Eurasian automotive industry as well as those of the largest engine manufacturers in Europe, Asia and America. The production facilities comply with the latest international standards, including the ISO 9001 standard of the international quality system which guarantees high product quality. I owned a franchise of Fanfaro Oil, so my company is Fanfaro Oil Abuja.
Why did you venture into Oil and Gas
I was originally into Tech, I co founded Coding Academy, Pediforte Coding School which I’m the CEO. There is this saying that goes Tech is the new oil. I’ve my own saying that Tech is the new oil but why not do the two,so here we are
Since you started, how would you describe the journey?
When you step into a business you’re not familiar with, it’s never easy, but at the same time, I wouldn’t say it’s been rough. We’ve had up and downs as a company which is normal, from hiring the wrong set of people to finding it hard to break into the market, to the rising and rising of US dollars against the Naira. We’ve had so many ups and downs, but I never for once regretted that I invested in oil. It’s been a fantastic journey, and we’ve grown as a company. Our days of struggling as a company are behind us now.
How did you now break into the market?
We changed our marketing approach. we did door to door marketing, we involved the drifting community. We actually did a lot in that front which I’m not sure I can explain everything here. Breaking into the market, we had to hire the right set of people.
Away from this, what else do you do?
Just Tech. I also own a home security app called DNI(Do not intrude).
Do we see you going into politics in the nearest future?
Of course yes. I was born into PDP, my Dad has always been a PDP member. At the moment, I am into politics but not fully yet, by 2027 I am coming fully to run for the post of the Federal House of Representatives.
If you are to advise president Buhari things to do to fix Nigeria, what would it be?
Federalism is the only way that can move this nation forward. Federalism is a system of government in which two levels of government controls the same territory. Generally, the national government is responsible for the broader governance of larger territorial areas, while the smaller subdivisions, states, and cities govern the issues of local concern.
Why I Am Creating More Millionaires Through HOMEWIN Sujimoto boss, Sijibomi Ogundele, On His New Project
The likes of Sijibomi Ogundele,CEO,GMD, Sujimoto Group of Companies seldom come easy in Nigeria’s highly unpredictable Real Estate terrain. This is because Suji…as fondly called by friends, not only dreams big, whatever he touches also turns gold.Ask even the big names in Nigeria’s Real Estate sector and they’ll readily tell you the guy is completely in a world of his own. Say what you like,there are those with the narrative that Sujimoto leads,others simply follow. Recently,the suave entrepreneur took to the streets of Lagos for the Launch of his new initiative ,HOMEWIN and he chose Oke-Arin,the epicenter of Nigeria’s biggest Retail market as a strategic location, using it’s commercial environs as a bedrock to declare war on poverty and raise the common man. Ogundele says HOMEWIN can be regarded as the ‘stock market ‘of the common man. Sujimoto”s newest project has been adjudged to be Nigeria’s biggest giveaway promo.With just N500,you can win amazing prizes ranging from a home worth N50 million.Other prizes include 2 brand new cars, salary4life (💯 k for 10 years)to immense daily cash prizes.A total sum of 100million will be won in 100 days. HOMEWIN is expected to produce over 11,000 winners in a hundred days. In this interview with Celebrityplusnonline, Ogundele talks about HOMEWIN , presently adjudged as the fastest cashout route for many.He also touched on the idea behind his much-hyped Luxury living projects and his will to make more Nigerians Millionaires within a hundred days…Enjoy it
Q1: Promos here and there with almost the same template, honestly, Nigerians want something new…what makes HOMEWIN different from the pack?
Homewin is more than a promo, it is a strategic empowerment initiative, powered by Sujimoto, to get over 11,000 Nigerians out of Poverty – the biggest intervention ever!
Homewin is very personal to me because in December 2020 while distributing Christmas Hampers on the streets of Lagos, I bumped into a pregnant lady hawking her wares around Maryland bus stop with a very big stomach. The total value of her merchandise should be below N3000 and I thought no matter how much profit she made, it would never get her out of poverty, I decided to support her and give her child a lifetime scholarship, however and very unfortunately, she lost the child. This inspired me to create an avenue to impact the lives of every Nigerian and give them an equal opportunity to be part of a promo that can get them out of poverty with as little as N500. This was how HOMEWIN was born.The idea is to give every Nigerian the opportunity to move out of the cycle of poverty by converting their N500 into a home worth 50 million naira and win lots of cash prizes daily within a 100 days. It is not profit driven, but an avenue to drive our generosity movement and touch more lives.
Q2: Who can play?
Anyone can play. HOMEWIN cuts across all strata and classes,Bankers, Street Hawkers, Businessmen, Market women, Lawyers, Doctors, Mechanics, Housewives, Vulcanizer, students, everyone is playing and winning already.
Q3: You had the Launch recently in the heart of Lagos Island, Oke-Arin,why did you choose such location and what has been the reaction of People to HOMEWIN?
It was very important for me to launch HOMEWIN in the marketplace where I grew up and the place I call home. I was super excited to see that the first lady that gave us her space to use for HOMEWIN was the first person to win 50,000 at the launch. That for me was a success.Nigerians love HOMEWIN and the reception has been mind-blowing as more people are playing, exceeding our expectations, to the point where we had to increase our daily wins at different times to accommodate more winners.
Q4: How swift do winners redeem their cash out?
We don’t joke with payment.In less than 24 hours, as soon as the daily draw is concluded, all Winners are notified via SMS of their winnings and credited immediately.
Q5: How can someone interested in being an Agent of HOMEWIN go about it?
Becoming an agent on the HOMEWIN platform is another way to make steady income and earn millions monthly. As an agent with HOMEWIN, you decide what you want to earn weekly and monthly.If you want to go home with a million naira every month, it is up to you. The more people that play with you, the more you earn in commission and there are no limit when it comes to how much you can earn. Visit https://agents.playhomewin.com/ to learn how to become an Agent.
Q6: Why are you being generous?
For us as a brand, generosity is not a CSR initiative or a competition, it is a lifestyle. I believe that when your neighbour is hungry, your chicken is not safe and this is one of the reasons we started the generosity movement through HOMEWIN, to be able to empower a lot of Nigerians within the space of a 100 days.
Q7: Can anyone interested in co-investing in HOMEWIN come in?
Why not? Anyone who has 1 Billion naira or more to invest can come on board.
Q8: What do you expect this project to do for the SUJIMOTO brand?
For us at Sujimoto,giving back to the society is imprinted in our DNA and it is fundamental to the brand’s philosophy. You can’t be a customer-centric brand and not be generous, neither can you create record breaking projects like the *Giuliano* , *Lucrezia* and the *Leonardo* without focusing on the comfort of your clients.
HOMEWIN is a Sujimoto CSR initiative. It is one way Sujimoto is empowering Nigerians and transforming their lives financially. At the end of 100 days, we want Nigerians to be able to say, because of Sujimoto, I am now a millionaire and can now live my best life.
Q9 Can you shed light on all the Luxury projects by SUJIMOTO ongoing right now and how investors/buyers can tap in.?
Top on the list is the *LuceziaBySujimoto* . This is not your regular tower; it is customized to reflect the personal taste and lifestyle of the *Lucrezia* *de* *Medici* , the 16th century sophisticated royalty who embodied an exclusive and glamorous lifestyle. It is located in Africa’s richest neighborhood, Banana Island and the 15-floor tower is unarguably the most sophisticated residential building in Africa. Currently at the finishing stages, the *Lucrezia* , a product of delicate engineering, masterfully designed with premium and unrivalled amenities, is a building of so many FIRSTS in Africa! First building in Nigeria with a Glass Reinforced Concrete (GRC) facade, home to Africa’s 1st interactive lobby, first Virtual Golf Bar with over 2500 courses; first building with an International SPA for the residents; first building with Zaha Hadid sanitary wares and Kohler Kitchen, first building with an IMAX cinema for an immersive experience; first building with Electric Car Charging Stations and now the first building with a Crestron Automation where you can easily command, monitor and adjust your lights, shades, thermostats, door locks, entertainment and even your pool and spa from just one App.
The next is the *LeonardoBySujimoto* , a Waterfront high-rise development inspired by the exceptional works and genius of one of the world’s most iconic minds of the 16th century – *Leonardo* *Da* *Vinci* . The *Leonardo* will come with unrivalled features and top of the range facilities such as IMAX Cinema, Indoor Virtual Golf where you can play on over 2500 golf courses in the world, Crèche for children – first of its kind, Award Winning Zaha Hadid Bathroom, designer Kitchen by Kohler, Interactive Lobby, Full Home Automation, Indoor salon, Club House, Mini-Mart, Restaurant, Tennis Court, State of the Art Techno gym, Infinity Swimming Pool, Squash, Badminton and many more exclusive features, making it compete beyond the shores of Africa.
We also have the *Sujimoto* *twin* *tower* , a 44 storey building in Victoria Island, The *Jumeriah* , a 33 storey building in Central Business District, Abuja, *Mr* . *Meat* , *Suji* *Water* and many other projects.
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