Ifeanyi Ubah (born September 3, 1971 – July 27, 2024) was a prominent Nigerian businessman, philanthropist, and politician who made significant contributions to the nation’s political landscape and business sectors. He served as the Senator representing Anambra South Senatorial District from 2019 until his untimely death in 2024.
Profile
| Category | Details |
|---|---|
| Full Name | Ifeanyi Patrick Ubah |
| Date of Birth | September 3, 1971 |
| Place of Birth | Otolo, Nnewi, Anambra State, Nigeria |
| Date of Death | July 27, 2024 (aged 52) |
| Nationality | Nigerian |
| Occupation | Businessman, Politician, Philanthropist |
| Political Party | Young Progressive Party (YPP), later All Progressives Congress (APC) |
| Position | Senator for Anambra South (2019–2024) |
| Spouse | Uchenna Juliet Ubah (Wife) |
| Children | 5 children |
| Net Worth | $1.7 billion USD (estimated) |
| Key Businesses | Capital Oil and Gas, The Authority Newspaper, Ifeanyi Ubah FC |
| Political Achievements | Senator for Anambra South, 2019-2024, Founder of Youth Empowerment Initiatives |
| Philanthropic Work | Focus on healthcare, education, and economic empowerment through the Ifeanyi Ubah Foundation |
| Notable Ventures | Capital Oil, The Authority Newspaper, Ifeanyi Ubah F.C. |
| Cars | Rolls-Royce Phantom, Mercedes-Benz S-Class, Range Rover Autobiography, Bentley Continental GT |
| Cause of Death | Brief illness, passed away in London |
Early Life and Education
Born in Otolo, Nnewi, Anambra State, Ifeanyi was the first of seven children to Mr. and Mrs. Alphonsus Ubah. Due to financial constraints, he dropped out of Premier Academy in Abuja and ventured into trade at a young age. Despite these challenges, he pursued various local and international business courses and seminars in leadership and business management.
Ifeanyi Ubah Business Ventures
In 2001, Ifeanyi founded Capital Oil and Gas Limited (CCO), a company that became a significant player in Nigeria’s petroleum industry. CCO operated one of the largest tank farms for petroleum products storage and distribution in Lagos. His business acumen extended beyond Nigeria, with ventures in countries like Belgium, the United Kingdom, and the Democratic Republic of Congo.
Additionally, he owned The Authority Newspaper, a Nigerian daily publication launched in 2015, and Ifeanyi Ubah F.C., a football club in the Nigeria Premier League.
Ifeanyi Ubah Political Career
Ifeanyi’s political journey began with his gubernatorial bid in Anambra State in 2014 under the Labour Party, though he was not successful. In 2019, he was elected as the Senator for Anambra South under the Young Progressive Party (YPP) but later defected to the All Progressives Congress (APC). He had declared his intention to contest the Anambra gubernatorial election on the APC platform in 2025.
Ifeanyi Ubah Wife and Children
Ifeanyi was married to Uchenna Juliet Ubah, a graduate of Ahmadu Bello University with degrees in Business Management and Business Administration. She served as the Executive Director of Capital Oil and Gas Industries Limited and was actively involved in the family’s philanthropic endeavors. Together, they had five children.
Ifeanyi Ubah Net Worth
At the time of his passing, Ifeanyi Ubah’s net worth was estimated at $1.7 billion USD, stemming from his diverse business interests and investments across various sectors.
Ifeanyi Ubah Cars
Known for his opulent lifestyle, Ifeanyi owned several luxury vehicles, including:
-
Rolls-Royce Phantom: A symbol of luxury and prestige.
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Mercedes-Benz S-Class: A blend of performance and comfort.
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Range Rover Autobiography: A statement of elegance and power.
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Bentley Continental GT: Combining speed with sophistication.
These vehicles reflected his success and status in Nigerian society.
Ifeanyi Ubah Death
Senator Patrick Ifeanyi Ubah, a prominent Nigerian businessman and politician, passed away on July 27, 2024, in London at the age of 52. Reports indicate that he died after a brief illness while attending his daughter’s graduation ceremony in the United Kingdom.
Ifeanyi Ubah Funeral and Burial
Senator Ubah was laid to rest in his hometown of Umuanukam, Otolo Nnewi, Anambra State, on November 22, 2024. The funeral service was held at St. Peter Clever Parish, where Bishop Peter Cardinal Okpaleke delivered a homily emphasizing the importance of living an exemplary life. He described Ubah’s life as a model of service and philanthropy.
The burial ceremony was attended by numerous dignitaries, including Governor Chukwuma Soludo of Anambra State, former Governor Peter Obi, and Senator Uche Ekwunife. The event was marked by expressions of grief and tributes highlighting Ubah’s contributions to his community and the nation.
Tributes and Legacy
Ubah’s death was met with an outpouring of tributes from across Nigeria. Senator Uche Ekwunife described him as “a rare gem committed to youth development,” noting that his leadership and kindness would be remembered for generations.
Governor Soludo expressed shock at Ubah’s sudden passing, recalling their discussions earlier in the year about future political ambitions, unaware that death would intervene.
The Senate of Nigeria also mourned his loss, highlighting his dedication to public service and his role as an advocate for economic empowerment and legislative reforms.
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Frequently Asked Questions
What is Ifeanyi Ubah’s net worth in 2021?
In 2021, Senator Ifeanyi Ubah‘s estimated net worth was approximately $20 million USD. This valuation reflects his substantial investments in Nigeria’s oil and gas sector, media, football, and other industries.
What is Ifeanyi Ubah’s net worth in 2022?
In 2022, Senator Ifeanyi Ubah‘s estimated net worth was approximately $170 Million USD.
What is Ifeanyi Ubah’s net worth in 2023?
As of 2023, Senator Ifeanyi Ubah‘s estimated net worth was approximately $500 million USD.
What is Ifeanyi Ubah’s most successful business venture?
Ifeanyi Ubah is best known for founding Capital Oil and Gas Limited, a leading oil and gas company in Nigeria. The company specializes in petroleum product distribution, storage, and retail, and it is one of the largest in the industry in Nigeria.
How did Ifeanyi Ubah make his fortune?
Ifeanyi Ubah’s fortune primarily came from his oil and gas company, Capital Oil, which provides essential services in Nigeria’s energy sector. His diversification into media and sports also contributed to his wealth. Over time, his investments and business strategies significantly increased his net worth.
How did Ifeanyi Ubah get into politics?
Ifeanyi Ubah’s first foray into politics was in 2014 when he contested the Anambra State gubernatorial election under the Labour Party. Although he lost, he remained committed to the political landscape. His ambitions were realized in 2019 when he was elected as the Senator for Anambra South Senatorial District under the Young Progressive Party (YPP).
What political positions has Ifeanyi Ubah held?
He served as the Senator representing Anambra South in the Nigerian National Assembly from 2019 until his death in 2024. He was a member of the Young Progressive Party (YPP) before defecting to the All Progressives Congress (APC) in 2023.
Social Media Handle
Instagram: @dr_ifeanyiubah
