Ifeanyi was born as the first son of seven children to Mr. & Mrs. Alphonsus Ubah in Otolo, a small town in Nnewi North of Anambra State. Due to the inability of his parents to cater for the educational and material needs of their needs, Ifeanyi dropped out of Okongwu Memorial Grammar School, Nnewi, Anambra State to learn trade at a young age. working as a trader apprentice, where he gained business knowledge on sales and importation, exportation of tyres to countries of Africa, such as Ghana, Liberia, D.R Congo, Sierra Leone.
Ifeanyi Ubah made his fist million naira at age 19 as a dealer in car Tyre’s and motor spare parts
He has attended several local and international business courses and seminars in leadership and business management.
At the age of 18, Ubah became an apprentice. when he finally established his own business, he was credited with being an founder of a network of successful regional business enterprises. Upon the completion of his apprenticeship, Ifeanyi became an international exporter of motor tyres and spare parts majorly in West Africa including Ghana, Sierra Leone, Liberia and DR Congo before he expanded his business ventures in some countries in Europe including Belgium and the United Kingdom.
consequently, his company associate with these International companies listed below; AE Automative UK, Anglo America Industrial Co-operation Belgolaise, Belgium, and Kolben Co.
In 2001, Ifeanyi Ubah founded Capital Oil and Gas Limited where he is now known as a business magnate in oil and gas. this venture can be traced to his decision to embrace and tap into the potential but risky opportunities in oil and gas sector. as a result, he floated Capital Oil and gas established a business relationship with Ibeto Petrochemical Nigeria Limited. Capital Oil supplied its customers in D.R Congo and Gas product and those customers include government agencies. Now Capital Oil and gas has since went on to become one of the largest distributors of petrol products around Nigeria with a combined capacity to berth 3-6 vessels simultaneously and 32 loading arms. He is the founder of The Authority Newspaper, a Nigerian daily newspaper and also the owner of Ifeanyi Ubah F.C., a football club in the Nigeria Premier League, following its purchase as Gabros International Football Club.
Chief Ifeanyi Ubah contested under people democratic party for Governorship election in Anambra state, according The Nation Nigeria News Agency Reporter said, Chief Ifeanyi Ubah primary election was rigged. “He alleged that the party’s primary election conducted to pick it’s candidate for the Poll, was fraught with irregularities and that the party leadership has refuse to address his complaints on it” Chief Ubah made this known at a news conference in Abuja
The Election that will be conduct November 18 2017. Chief Ubah made it clear that ” I will be going to seek redress; only the court will determine the party’s candidate. it is their responsibility to right the wrong” This was added at the conference held in Abuja on 19th of September 2017.
Chief Ifeanyi Ubah his interest in soccer made him to found a football club named after his name Ifeanyi Ubah F.C, the soccer club came into being from the acquisition of Gabros international Football Club by Dr. Patrick Ifeanyi Ubah. The Club was formerly known as Iyayi football club of Benin City before its acquisition by Chief Gabriel Chukwuma and renamed Gabros International Football Club. FC Ifeanyi Ubah has its headquarters at 21 Nnobi Road, Nnewi Anambra state. On the 6th of November 2016 the club defeated Nasarawa United FC on penalties to clinch a historic Federation Cup at Teslim Balogun Stadium, Lagos. Since the split of Anambra State no football club from the State has ever won the trophy.
The Oil and Gas mogul recently completed his Multipurpose Sport Center at Nnewi spending $300 millions on his multipurpose sports center. The Stadium was completed and opened October, 2016. Former West Ham United managing director Angus Kinnear was spotted in the event of opening the stadium last October 2016.
The man never stop to amaze people. Chief Ifeanyi Ubah is said to empower and create job that employee more than 3,000 job seekers
He’s also the founder of Ifeanyi Ubah Foundation, this organisation helps and support people and also th
Ifeanyi Ubah is married to 5 children
Ifeanyi Ubah Private Jet
He owns a adorable Embraer Legacy 600 private jet which worth $30 million. The Jet is based on the ERJ 135 model but comes with a updated Mark I Cockpit of the EMB 145. This elegant jet owned by the business mogul features added range through extra feul tanks in the tail behind the baggage compartment and the forward part of the wing, winglets, and an also as an extensive drag reduction program. His private jet as the capacity to carry 13 passengers for an amazing 5,650 km. As an act of patriotism and love for Nigeria sport Ifeanyi Ubah used his private jet to transport his players to watch the Super Eagles match against Egypt earlier this year.
The billionaire oil and gas mogul among of his expensive cars Rolls Royce Ghost depending on the models or customized ones from the factory. The car comes in different forms of Coupe, Drop Head Coupe which worth of N183 million.
Ifeanyi Ubah built amazing magnificient mansion in his home town Nnewi, Anambra state
Chief Ifeanyi Ubah worth huge sum of $1.7 Billion
- The DSS charged Ubah with stealing N11 billion worth of petroleum products belonging to the Nigerian National Petroleum Corporation (NNPC).
- in 2012 it was reported that Chief Ifeanyi Ubah duped Cosmas Maduka with the sum of N21 Billion; president of Coscharis Group ( Cosmas Maduka ), has taken to the media to demand a supposed N21 billion debt owed him by Ifeanyi Ubah, Capital Oil boss