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Afolabi Wins Zik Prize Award for Entrepreneurial Leadership


Taiwo Afolabi, the chairman of SIFAX Group has won the Zik Prize Award for Entrepreneurial Leadership.

At the ceremony held recently, the organisers lauded the SIFAX Group’s boss’ business acumen, tenacity and grit which has translated into a successful strategy for the Group’s businesses and by extension the Nigerian economy.

According to Pat Utomi, head of the Selection Committee for Zik Prize Award, Afolabi has redefined business enterprise in Nigeria.

“Afolabi is the Chairman of SIFAX Group, a leading business behemoth with diversified interests in maritime, aviation, oil & gas, haulage and logistics, tourism, hospitality and financial services. His massive investments in Nigeria’s terminal operations, especially its off-dock solutions, have positively affected the industry and catalysed economic growth.

“The SIFAX Group boss has shown consistency in developing innovative business models and nurturing same to global acclaim which has made him a leader in various entrepreneurial endeavours,” he said.

According to Utomi, the Lagos Marriott is an example of one of the novel business solutions that have been brought to life by Taiwo Afolabi.

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