Renowned Nigerian Industrialist, Okoya-Thomas, Dies At 79


A LEADING industrialist and business mogul, and Chairman of CFAO Nigeria Limited, Chief Molade Okoya-Thomas, is dead. He died Monday at the age of 79. Details as to what caused his death were yet to be made public.

Okoya-Thomas was born in Lagos on June 8 1935 to the family of the late Hussam Okoya-Thomas (the first Baba Adinni of Furabay Mosque, Olowogbowo, Lagos and the first local staff of CFAO, who served the company for 52 years) and the late Alhaja Suwebat Okoya-Thomas (née Gbajabiamila, Otun Iya Adinni of Idita Mosque).

He had his elementary education at Princess School, Lagos, between 1942 and 1946. He subsequently proceeded to Baptist Academy for his high school education and left Baptist Academy in 1956 as the best graduating student, hence earning the honour of his name been listed on the school’s DUX BOARD (Honours Board).

Immediately after his education at Baptist Academy, he studied Accountancy at Balham and Tooting College of Commerce between 1956 and 1959 and a further training in Accountancy at Columbia University, New York, U. S. A. in 1981.

He returned to Nigeria the very year he completed his studies at Balham and Tooting College of Commerce 1959 and was instantly employed as an accountant by CFAO. This was the beginning of a meritorious service to CFAO.

Okoya-Thomas studied at Princess School, Lagos, 1946; Balham and Tooting College of Commerce, London, 1956-1959; Columbia University, New York, US, 1981. He was appointed director, Transcap Nigeria Limited, director, Niger Motors Industries Limited, chairman, Studio Press Nigeria Limited and as the chairman of CFAO Nigeria Limited since 1987.

He served as chairman of many organisations including CICA (Nigeria) Ltd., Transcap Nigeria Ltd., Oktom Investment Ltd., Itochu Nigeria Ltd., Chiyoda Nigeria Ltd. and Anchoria Investment & Securities Ltd.

He was also a director at NFI Insurance Company Plc and GatewayBank Plc.

He contributed to the development of Lagos State by serving in numerous committees including;

member, Lagos City Council between 1971-1975, member, Lagos State Development and Property Corporation, chairman, Board of Trustees, Glover Memorial Hall and Tom Jones Hall.

He is a recipient of the Chevalier de la Legion d’Honneur, the highest national honour given by the French to a foreigner.

Okoya-Thomas was an active sportsman in his youth, and was a Joint All Nigeria Record Holder of 4 X 220 yards relay race while at Baptist Academy Lagos. He has been the sole sponsor of the annual Asoju Oba Table Tennis Championships for over four decades setting a record as the only Nigerian to have single-handedly and consistently sponsored a competition spanning over four decades.

As a philanthropist, he has similarly served as vice-chairman, Lagos State Sports Council, President, Lagos Lawn Tennis Club, chairman, 3rd All-Africa Games Appeal Fund Committee, chairman, National Appeal Fund for Sports Development and chairman, Sports Trust Fund. Molade Alexandria Okoya-Thomas built and donated a Modern Sports Hall for students and staff of the Lagos State University (LASU) in 2009.

He was also a prominent member of the fund raising committee for the construction of Teslim Balogun Stadium in Surulere.

The Commissioner for Ministry of Youth, Sports and Social Development, Prince Ademola Adeniji-Adele announced the state government’s decision to celebrate Molade Alexandria Okoya-Thomas at the age of 75, taking into consideration his numerous contributions, with the naming of the Indoor Sports Hall of the Teslim Balogun Stadium on June 8, 2010 and a State Dinner at the City Hall Lagos Island on the same day.

He was also the Asoju Oba of Lagos, Babasuwa of Ijebu-Remo, Odofin of Ife and chancellor of Lagos State University.



Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s