Late Patrick Ifeanyi Ubah was a visionary leader, astute entrepreneur, generous Philanthropist and seasoned politician who left an indelible mark on Nigeria’s business and political landscapes. Born on September 3, 1971, Ubah’s remarkable journey spanned over two decades, during which he founded and led Capital Oil, a petroleum products behemoth with a vast network of facilities and outlets across Nigeria. His entrepreneurial prowess and innovative spirit earned him a reputation as a trailblazer in the industry. Additionally, his foray into politics culminated in his appointment as Senator representing Anambra South Senatorial District, a position he held until his untimely passing on July 27, 2024, in London, leaving behind a legacy of excellence, resilience, and dedication to nation-building.
Wiki
Full Name: Patrick Ifeanyi Ubah
Date of Birth: September 3, 1971
Place of Birth: Otolo, Nnewi, Anambra State
Origin: Otolo, Nnewi, Anambra State
Nationality: Nigerian
Profession: Entrepreneur, Politician, Philanthropist
Political Party: All Progressive Congress
Net Worth: $1.5 Billion
Early Life & Career
Patrick Ifeanyi Ubah was born as the first son of seven children to Mr. and Mrs. Alphonsus Ubah in Otolo, one of the four quarters of Nnewi in Anambra State, Nigeria. Growing up in a modest household, Ubah faced significant financial challenges. Due to his parents’ inability to meet the educational and material needs of their children, Ifeanyi had to drop out of Premiere Academy, Lugbe, Abuja, to learn trade at a young age. Despite his early departure from formal education, Ubah attended several local and international business courses and seminars in leadership and business management, equipping himself with the skills necessary for future success.
Ifeanyi Ubah began his entrepreneurial journey as an importer of motor tyres and spare parts, focusing primarily on the West African market, including countries like Ghana, Sierra Leone, Liberia, and the Democratic Republic of Congo. His business acumen soon led him to expand his ventures into Europe, with operations in Belgium and the United Kingdom.
In 2001, Ubah founded Capital Oil and Gas Limited, a company that would become a significant player in Nigeria’s oil industry. Capital Oil’s facilities and outlets are strategically located, particularly in the Southeast and Southwest regions of Nigeria, with its Lagos tank farm being one of the largest for petroleum products storage and distribution in the country.
Expanding his business interests beyond the oil industry, Ubah founded The Authority Newspaper, a daily Nigerian newspaper. He also ventured into sports, purchasing Gabros International Football Club and renaming it Ifeanyi Ubah F.C., which competes in the Nigeria Premier League. His involvement in football demonstrated his commitment to supporting and developing local talent.
In 2014, Ifeanyi Ubah contested the Anambra gubernatorial election under the platform of the Labour Party but did not win. This initial foray into politics did not deter him, and he continued to pursue his political ambitions.
On 24 February 2019, Ubah was declared the winner of the Anambra South Senatorial elections under the platform of the Young Progressive Party (YPP). His tenure in the Senate was marked by his active participation in legislative processes and his commitment to the development of his constituency. Subsequently, he defected to Nigeria’s ruling party, the All Progressives Congress (APC), and declared his intention to contest the Anambra gubernatorial election on the APC’s platform in 2025.
Philanthropy
Ifeanyi Ubah was also known for his philanthropic efforts. He ran the Ifeanyi Ubah Foundation, which focused on various charitable activities and community development projects. Through his foundation, Ubah aimed to improve the lives of the less privileged and support educational and healthcare initiatives.
In September 2022, Ifeanyi Ubah’s convoy was attacked by gunmen in Enugwu-Ukwu, Anambra State. The assailants shot at his convoy, resulting in the tragic deaths of at least five people, including two policemen. Ubah survived the attack thanks to his bulletproof vehicle, a testament to the volatile security situation in Nigeria and the risks faced by public figures.
Cause of Death
On July 27, 2024, Patrick Ifeanyi Ubah reportedly died of a cardiac arrest in London, United Kingdom. He had departed Nigeria for the United Kingdom on July 25, just two days earlier, to undergo surgery. His sudden death was a significant loss to his family, friends, and the many people whose lives he had touched through his business ventures, political career, and philanthropic activities.
Personal Life
Patrick Ifeanyi Ubah’s personal life was characterized by a strong family bond and a commitment to his loved ones. He was married to Uchenna Ubah, a distinguished graduate of Business Administration from Ahmadu Bello University, one of Nigeria’s premier institutions of higher learning. Together, they built a nurturing and supportive household, raising five children who are a testament to their shared values and aspirations.
Social Media
In the digital age, Ifeanyi Ubah understood the importance of maintaining a robust online presence. He amassed over 11,000 followers on Instagram, where he was known by the handle @dr_ifeanyiubah.
Net Worth
Patrick Ifeanyi Ubah’s entrepreneurial acumen and diverse business ventures culminated in a substantial personal fortune. At the time of his passing, his net worth was estimated at $1.5 billion. This impressive financial status was the result of his successful endeavors in the oil and gas industry, real estate, media, and sports.
Summary
Patrick Ifeanyi Ubah’s life was a remarkable journey of perseverance, entrepreneurship, and public service. From his humble beginnings in Nnewi to becoming a prominent businessman and influential politician, Ubah’s story is one of resilience and determination. His contributions to Nigeria’s oil industry, media landscape, and sports, as well as his efforts to improve his community through philanthropy, have left an indelible mark on the nation. His legacy will continue to inspire many, serving as a reminder of the impact that one individual can have through dedication and hard work.