Meet Babawande, The Yoruba Billionaire Whose Company Bought 50 Planes For N1.6 Trillion

If there is something you should know about the Yorubas, then it should be the fact that they are relentless about doing things in big ways. This is proven in the recent giant stride of Babawande Afolabi, the CEO and Founder of Green Africa Airways.



A few days ago, rumour has it that the company was about to purchase 50 new AirBus A220-300 planes. That was after a deal with Boeing went south.

Two days ago, the company announced an MoU that confirmed the rumours. With each plane costing $91.5 million, 50 planes cost 1.6 Trillion Naira.






Meet Babawande Afolabi

The first this you would notice from his pictures is that Babawande Afolabi is a young man. Yes, he is probably in his late thirties and hails from Osun state.

The Yoruba business tycoon graduated from Illinois Wesleyan University in 2010 where he studies Political Science and Economics. He bagged his MBA from Stanford Graduate School of Business in 2014.

Since then, Babawande has been pulling it big time in the transport sector.





Green Africa Airways

Green Africa Airways is a Lagos-based and had once made moves to buy 100 units of Boeing 737 Max planes. But the order was cancelled after Boeing 737 Max was grounded by regulatory agencies.

This new order for AirBus A220-300 planes is the biggest order of such plane from any company in Africa. Simply record-breaking.

Without a doubt, the Yorubas are doing great in the country, just the same way other ethnic groups are contributing their quota to push Nigeria forward.

God bless Nigeria.

Thumbs up to this great man!