Billionaire Businessman, Taiwo Afolabi’s Midas Touch

Society Watch

To say that Dr. Taiwo Afolabi, the Group Managing Director of SIFAX Group and owner of the newly opened Marriott Hotel, is a man with the Midas touch, is to state the obvious. The businessman is, indeed, someone that must be studied like a book by anyone coming into the industry, as he is acknowledged to know the ABCs of entrepreneurship.

The billionaire is said to be having everything falling in the right places for him. Society Watch gathered that the hotel that was opened earlier in March has already become one of the most patronised, thereby making Afolabi’s dream of revolutionising the hospitality industry in Nigeria a reality.

Since he made his grand entry into the sector, he has soared like an eagle that has defeated the raging tides of the wind and is ready to soar to an inestimable height of abundant success. It was disclosed that when the quintessential businessman made it official to build a 250-room hotel, those who were privy to the plan never doubted him because they were aware of his ingenuity.

Known to be a man of class, elegance and panache, he took his time to get the best out of the hotel, and it has set a new standard of premium business hotels, showcasing inspiring and contemporary décor within the capital of Nigeria’s commercial hub.
The Ogun State-born businessman has his hands in some other sectors of the economy.

Over the years, he has contributed immensely to the growth of Nigeria’s economy; and he is among the largest employers of labour in the country. He is so knowledgeable about his businesses that you can’t pull the wool over his eyes. He is spot-on; abreast of contemporary issues.

Afolabi began his professional career with a shipping company, Nigerian Express Agencies Limited, where he distinguished himself and rose to become the Head of Operations.
With the zeal of entrepreneurship burning in him, he left the company in 1988 to establish what has now turned into a big conglomerate, SIFAX Group, a business interest with diverse investments in Maritime, Aviation, Haulage, Logistics, Oil & Gas and Hospitality, among others.