Global Titian…Double Celebration for Captain Hosa Wells Okunbo

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Global Titian…Double Celebration for Captain Hosa Wells Okunbo

Global Titian…Double Celebration for Captain Hosa Wells Okunbo
September 30
07:05 2019

How He Nicked N320 Billion Oil Deal With NPDC

  *  Honoured With the order of Lafayette Award at the United Nations Day for Global Peace 

Becoming an entrepreneur extraordinaire is not mere lip service; it takes consistent effort and focus to grow from just being an entrepreneur with interest in a particular business to becoming a respected and renowned empire builder. And, it is no surprise that a few days after Captain Hosa Okunbo signed a mouth-watering Financing and Technical Services Agreement (FTSA) deal worth $876m with CMES-OMS Petroleum Development Company Ltd (CDPC) for the development of Oil Mining Lease (OML) 65, a Nigerian Petroleum Development Company Ltd, NPDC, asset, the respected businessman has been honoured in faraway Geneva, Switzerland, with a global peace award.

Captain Idahosa Okunbo, the Chairman of Ocean Marine Services, is one of the few blessed men who started from the scratch, kept their nose to the grindstone and turned seemingly insignificant ideas into behemoth industries. Dr. Okunbo is a man that would be sent to Mars and still treat it as a stepping stone to Saturn – the quality of constant invention and self-improvement that has earned him worldwide acclaim and prosperity.

He exudes the lustre of the proverbial leading light thus distinguishing his persona amid a range of middling men.Okunbo radiates compassion, ardor and acclaim that no life’s odd could tame. Having hacked his path to affluence in honest, industrious strides, he spread outs like a bastion of human aspiration even as his exploits become objects of the world affection.Everywhere he navigates, he exudes a spirit of humaneness and generosity that even the world’s finest and most daring philanthropists live in awe of.

However, only veritable champions write history. Sometimes they rewrite it. But very few champs excite the splendid tribute of a cheer in the wake of their most glorious feats. Captain Idahosa Okunbo, the billionaire businessman and chairman of Ocean Marine Security Limited, an offshore asset protection company, OMS, effortlessly commands the relentless tribute of a cheer from far and near.

The philantropist wears his strength like a badge of honour, on his chest; shining it with sweat, because that’s what virtuous men do. He stands tall, wading through odds with the courage of a knight and confidence of a champion.

He makes history every hour, to which he industriously adds page after page, volume after volume, as if nature were holding up a monument to his exploits. In an era beleaguered by infamy of the human species, Okunbo’s handiwork unfurl as undying tribute to mankind’s better nature.

And, it is no surprise that a few days after he signed a mouth-watering Financing and Technical Services Agreement (FTSA) deal worth $876m with CMES-OMS Petroleum Development Company Ltd (CDPC) for the development of Oil Mining Lease (OML) 65, a Nigerian Petroleum Development Company Ltd, NPDC, asset, the respected businessman has been honoured in faraway Geneva, Switzerland, with a global peace award.

Earlier today, Captain Hosa as he is popularly known was bestowed with the prestigious Order of Lafayette award at the United Nations day for Global Peace. The Order of Lafayette is a patriotic, hereditary, nonpartisan, and fraternal organization established in New York City in 1958 by Colonel Hamilton Fish III (1888-1991), a former Congressman from New York and decorated veteran of the First World War.

Captain Hosa was especially honoured for his distinguished role in encouraging, engendering and entrenching peace and harmony in Africa and the world at large. He was presented with his award by His Excellency, Robert Blum, chairman of the Order of Lafayette Awards. Present at the auspicious and exclusive awards presentation were diplomats and political and economic leaders from all over the world who had all come to celebrate with one of their own.

Indeed, among a pantheon of giants, Dr.Okunbo, towers above others. Like the rare and golden hummingbird, sighted in lush and precious emerald beaches, he ornaments his exemplary existence with gestures and exploits that dazzle like ethereal treasure. He presents a rare contradiction to the notion that titans are only appreciated in death. He is a titan.

He is very much alive and has become a legend in the hearts and minds of men. Stories are told of his greatness; echoes of his philanthropy are fed like fodder to the masses. In a land dogged by human and infrastructural lapses, his humanity and entrepreneurial ingenuity nourish the glands of kith and kin even as his genius oils the wheels of industry.


This is why he is perpetually on song, among his clan and league of extraordinary men. Hosa emerges as the perfect symbol of business excellence and he is seen at home and abroad, as a historic figure, the personification of a business calculus within Nigeria and the African continent.

Indeed, it is a double celebration for the former Nigeria Airways pilot who has blazed peerless trails in the world of business. His recent deal with the NPDC, according to the managing director, Mansur Sambo, was necessitated by the need to boost the nation’s crude oil reserves and daily oil production.

At the signing ceremony tagged ‘the $876 Million Financing and Technical Service Agreement (FTSA)’, Sambo said, “The significance of this agreement is to open up production potentials of the OML 65 from 9,000 to 40,000 barrels per day.” He further stated that the deal has the potential “to explore, appraise and add reserves to base,” adding that it would help the Federal Government to “earn more than $6 billion in taxes and royalties.” He also guaranteed that the project would engage indigenous companies in the industry for ancillary services, thereby providing direct and indirect job opportunities.

While expressing his delight about the deal, which offers his company the opportunity to support the production and reserves growth aspiration of the Federal Government, Captain Hosa assured on the CPDC’s competence and its adoption of efficient technologies in meeting set targets.

Interestingly, however, he is currently one of the very few economic giants and magnates enjoying the respect of the Nigerian government due to his infectious modesty and enviable business culture in the oil and gas sector.

Like all great men, he has a joke ready to deflect any jeer. And his tacit determination to be the bastion of hope, entrepreneurial success and inspiration for a generation invites and thwarts many a poisoned arrow – from his underperforming rivals. Idahosa’s true appeal, though, lies in his meekness and transparency.

He exposes, beneath all that bare skin, a multitude of traits as vivid and raw a portrait as we have seen and for this, the world ravenously embrace him. Okunbo’s unique lack of vanity inspires a lot of his contemporaries and underlings to consider that they may also be able to conduct themselves humbly and unpretentiously. This is not only impressive, it’s important.

By Idahosa’s exploits, business can be seen as a tool for fantasy, one by which the billionaire magnate shows that we can transform our reality. Idahosa’s life is certainly fantastic—the stuff of fairy tales, magazine covers and excellent portraits. But it’s crucial to note that he made his own destiny. He effortlessly melds into the roles of a diligent worker and responsible family man. This is why his business thrives and his family blossoms with amazing speed, sophistication and simplicity.

Born in Benin City in 1958 to the family of Reverend Robert Amos Okunbo, a clergy, teacher and community leader, young Idahosa Wells Okunbo had his primary education at Government Primary School in Benin City, old Bendel State now Edo State. He proceeded to Federal Government College, Warri, in 1971. After studying at the Nigerian Civil Aviation Training Centre, Zaria, Kaduna State, Capt Okunbo became a professional commercial pilot at the age of 21.  He was a flight captain with Intercontinental Airlines for about two years and was later employed by Okada Airlines for three years. In 1988, he retired from piloting at the age of 30, having logged over 7,000 hours of flight time, and ventured into private business.

He first established Hoslyn Ventures Nigeria Ltd., an indigenous oilfield service company responsible for the Early Production Facility (EPF) project at the Nigerian National Petroleum Corporation (NNPC) between 1998 and 2001 and procurement in the Nigerian petroleum sector. In the last three decades, Capt Okunbo has become one of Nigeria’s biggest entrepreneurs with businesses spanning engineering and technology, energy, integrated service in the petroleum sector, maritime, security, agriculture and others.


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