Insight

• Ikiodiete George
• 5 Min Read

10 Richest Engineers In Nigeria (2025): Net Worth, Biography & Career Achievements

Engineering no be beans o! These brilliant Nigerians used their engineering brains to build some of the biggest businesses and wealth portfolios in the country. From oil to telecom, fintech to energy, they’ve proven that engineering can take you from the classroom to the billionaire league.

Let’s meet the top 10 richest engineers in Nigeria in 2025, their career journeys, and what we can all learn from their hustle.

1. Funke Opeke – The Bandwidth Queen 

Engr. Funke Opeke is one of the most respected names in Nigeria’s tech and telecom space. She’s the founder of MainOne, a company that laid the groundwork for Nigeria’s broadband boom with a massive undersea cable project worth over $200 million.

With a background in electrical engineering, she built a business that connects millions of Nigerians to the internet, helped countless tech startups thrive, and eventually sold her company for hundreds of millions of dollars.

2. Tosin Eniolorunda – The Fintech Engineer 

Engr. Tosin Eniolorunda started as a mechanical engineer and transformed himself into one of Nigeria’s leading fintech entrepreneurs. He is the founder of a digital banking platform that has changed the way small businesses access financial services.

His startup is now worth hundreds of millions of dollars and continues to grow rapidly across Africa. He embodies how engineering problem-solving can lead to solutions that scale massively.

3. Tope Awotona – SaaS Billionaire with Engineering Roots 

Engr. Tope Awotona is the brains behind a global scheduling software that’s used by millions of people worldwide. Though he operates from the United States, his roots are proudly Nigerian.

He studied computer science and engineering, started several businesses, and eventually struck gold with a product that helps people book appointments easily. His company is valued at over $1 billion.

4. Daniel Chukwudozie – The Industrial Engineer 

Engr. Daniel Chukwudozie is the founder of a large manufacturing group with interests in oil and gas, beverages, plastics, maritime, and real estate. He started as a trained engineer and grew his business into a national powerhouse.

From building factories to running logistics companies, he’s proof that local manufacturing and engineering are still key to Nigeria’s economy.

5. Mike Adenuga – The Telecom & Oil Billionaire 

Engr. Mike Adenuga is a legendary name in Nigerian business. He studied engineering-related courses abroad, and later founded some of Nigeria’s biggest companies in telecoms and oil—Globacom and Conoil.

He’s a master of building from scratch, staying quiet but making loud money moves. With billions in the bank, he’s one of the wealthiest men on the continent.

6. Femi Otedola – The Energy Mogul 

Engr. Femi Otedola studied mechanical engineering before jumping into the energy business. From managing oil distribution companies to investing in power plants, he’s built a reputation as one of Nigeria’s most strategic business minds.

He currently leads a power generation company and holds shares in banking and other sectors. His engineering mindset has helped him make smart, impactful decisions.

7. Funke Opeke (Again) – Because She Deserves It Twice 

Let’s not lie, Funke deserves a double mention. She’s an example of how focus, education, and execution can make you a continental icon. She continues to inspire young Nigerian engineers—male and female.

8. Mohammed Indimi – Oil & Engineering Veteran 

Engr. Mohammed Indimi built an oil empire with his company that has been drilling and producing in Nigeria for decades. Though quiet and reserved, his business influence is loud.

He’s known for being self-made, starting from humble beginnings and building one of the strongest privately owned oil businesses in Nigeria.

9. Kola Aluko – Oilfield Engineer & Entrepreneur 

Engr. Kola Aluko made his money in oil and gas, founding major companies that explored and produced crude oil for local and international markets. Though controversies surrounded him later in his career, his engineering-based business model remains a case study in scaling local energy ventures.

10. Abubakar Sani Sambo – The Policy Engineer 

Engr. Abubakar Sani Sambo made his mark in public service. As a mechanical engineer and former Director General of the Energy Commission of Nigeria, he played a big role in shaping energy policy for the country.

Though not a billionaire in cash, his influence, impact, and engineering achievements place him among the giants.

Frequently Asked Questions

Q: Are all these engineers billionaires?
A: Not all, but most have built multi-million or billion-dollar businesses. Some, like Mike Adenuga and Femi Otedola, are certified billionaires.

Q: Do they still work as engineers?
A: Most transitioned from engineering practice to entrepreneurship, leadership, or policymaking—but their engineering background is the foundation of their success.

Q: Can engineering really make you rich in Nigeria?
A: Yes o! But you have to think beyond the job. Use your engineering skills to solve big problems, build products, and create value.

Q: What industries are most profitable for engineers in Nigeria?
A: Oil & gas, telecom, fintech, manufacturing, energy, and infrastructure are top industries where engineering knowledge pays off.

Q: Who is the most influential among them?
A: Funke Opeke is a major inspiration in tech and infrastructure, while Mike Adenuga has wealth and long-term impact in telecom and oil.

Conclusion

Engineering no be ordinary course. As these 10 powerful individuals have shown, it can open doors to wealth, leadership, and legacy. Whether you're studying mechanical, electrical, civil, or software engineering, your skills can take you to the very top.

So, if you dey think say engineering na just to fix generator or draw diagrams—think again. With vision, execution, and consistency, you can be the next big engineer on this list. Your billionaire blueprint might just be loading.

Engineer your destiny. You’ve got what it takes.