Paddy Adenuga has long been identified as one of the hardworking but silent scions of Chief Michael Adeniyi Agbolade Ishola Adenuga. Typical of all ambitious people, the soft-spoken young man has also been working to take over his father’s conglomerate in the future.
Perhaps to prove his capabilities, the bespectacled man shook the Nigerian business circle several years back, revealing a wowing narration of how he almost bought an upstream, exploration and production business in the Netherlands, owned by US oil giant, Chevron.
Amidst the excitement that greeted the tale, Adenuga who was just 29 years old when he made the bid without the help of his family confirmed that he was indeed ready for the big deal when asked by a writer associated with a media house.
In a social media response shared by the young Adenuga to the probability that he was indeed ready for the big league, the fair-complexioned gentleman answered thus: “I Was Born Ready”.
All of that was in 2018. It has been six years since and the hopes that the younger Adenuga would make a big break in his father’s conglomerate has not happened.
Worse still is the fact that a recent report by an online news platform, TechCabal noted that the senior Adenuga is set to step down from his position as the Chief Executive Officer (CEO) of Globacom, the company he founded in 2013, paving the way for a new leader in Ahmad Farroukh, a former CEO of MTN Nigeria, and no not Paddy Adenuga.
Adenuga is stepping down as part of the Nigerian Communications Commission (NCC)’s efforts to strengthen corporate governance in the telecoms industry. Though his stepping down might not pave the way for Paddy Adenuga to play in the big league, it is definite that his time will come.
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