Many have never heard of her before, she is one of Nigeria’s rich, silent billionaires with connections politically. Let’s discuss her story and how she rose to become one of the biggest players among the who’s who in the nation. An Accounting graduate of Obafemi Awolowo University, one of Nigeria’s notable tertiary education institution, Oyin Adeyemi is an entrepreneur currently known as the Chief Executive Officer of her Construction Company, Still Earth Group.
In 2017, She was said to have engaged in a very bitter fight with the Chagoury brothers of Eko hotel group – this show the level of power she brews as the Chougoury’s are known as one of Nigeria’s richest men.In the same year, 2017, She also lost over 150 million Naira worth of jewelry through theft by her former domestic helper. Nonetheless, let’s discuss the source of Oyindamola Adeyemi’s wealth.
How did she rise to wealth? Oyin Adeyemi is said to be a political ally of corrupt governor of Ekiti State, Ayodele Fayose. In 2016, only a few months after assuming his mis-elected leadership position as Governor of Ekiti State, Ekiti State Governor Ayodele Fayose directed his subordinate Abiodun Agbele to wire N1.35billion into three accounts; 2 of which are confirmed belonged to Oyin Adeyemi. The funds were wired from Agbele’s De-Privateer Limited’s account to Account 1: Siqnachor (First City Monument Bank 0519693019), Account 2: Oyin Adeyemi’s Still Earth (First Bank of Nigeria 1000070240) and Account 3:Oyin Adeyemi’s Still Earth (Zenith Bank 1014016919) of Still Earth Limited. The deposits into her accounts were: First Bank—N40m (paid on 29/1/15); N39.5m (paid on 30/1/15); N132.5 (paid on 30/1/ 15); N3.2m (paid on 4/2/15); N980, 000 (paid on 4/2/15); N200m (paid on 17/2/15); N47m (paid on 13/2/15); and N50m (paid on 13/2/15). Into Oyin’s Still Earth’s Zenith Bank (account #1014016919), she received N42.5m (paid on 9/4/15); N25m (paid on 23/4/15); and N229m (paid on 6/3/15). We are yet to decipher who owns Siqnachor Integrated Limited with FCMB ( account # 0519693019) but we believe it also belongs to Oyindamola Adeyemi.
In an attempt to cover her tracks and maintain her credibility, when queried about the source of her wealth, Oyin Adeyemi stated, “Still Earth has constructed over 45 kilometer road around the country, several building projects and has financed laudable projects that impact the economy of our great nation.”
Oyin Adeyemi is a close friend to Tunde and Biola Ayeni. She was one of the profiled guests at Biola Ayeni’s 50th birthday celebration in 2017.
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