Isaac Fayose Reveals First £1m Came from Port Rat Control Contract
Isaac Fayose: First £1m from Port Rat Control Contract

Isaac Fayose Unveils Unconventional Path to First Million Pounds

Social commentator and younger brother of former Ekiti State governor Ayodele Fayose, Isaac Fayose, has publicly detailed the origins of his substantial wealth, revealing his first million pounds was earned through a unique government contract during the administration of former President Olusegun Obasanjo. This revelation comes amid his highly publicized ongoing feud with prominent socialite and entertainer Paschal Okechukwu, widely known as Cubana Chief Priest.

The Port Rat Eradication Contract That Changed Everything

Fayose explained that his financial breakthrough originated from a contract awarded at the nation's ports, where he was tasked with eliminating wharf rat infestations using specially trained dogs and cats. According to his detailed account, he deployed hundreds of these animals to secure the port facilities before they were handed over to concessionaires. This unconventional approach to pest control reportedly generated approximately four million pounds in profit, serving as the foundation of his current wealth.

"The project eventually brought me about 4 million pounds in profit," Fayose stated, describing the contract as a definitive turning point in his financial journey that transformed his economic prospects completely.

Expanding Wealth Through Telecommunications and Agriculture

Beyond the initial port contract success, Fayose disclosed he significantly expanded his financial portfolio through another major contract with telecommunications giant MTN Nigeria. He was responsible for maintaining and securing the company's base stations nationwide, employing guards to protect these critical installations. This venture created another substantial income stream that complemented his earlier earnings.

After returning to Nigeria in 2002, Fayose diversified further into agriculture, specifically timber farming. He invested in thousands of mahogany seedlings, which require years to mature but have appreciated substantially in value over time. According to his explanation, this long-term agricultural investment continues to generate significant returns, demonstrating his strategic approach to wealth building across multiple sectors.

Public Reaction and Ongoing Celebrity Feud

Nigerians have reacted with mixed emotions to Fayose's wealth revelation. Some social media users praised his business acumen and confidence, while others questioned whether family connections facilitated his access to lucrative government contracts.

Supportive voices included comments like:

  • "You may like him or not, but the confidence is strong. Making money from different things and believing you can start again if you lose it all—that mindset is powerful."
  • "He has said it with confidence, meaning the statement can be confirmed by whoever wishes to."
  • "He was smart and able to think ahead and outside the box which most people lack."

Skeptical perspectives countered:

  • "How many ordinary persons had the opportunity to get MTN station contracts worth $11M? Or make $4M from dog business? His family name and connections made way for him."
  • "His businesses were also used to launder money. We know how it is done in Nigeria. He shouldn't lecture anyone."

Feud with Cubana Chief Priest Intensifies

The wealth disclosure occurs against the backdrop of an escalating public disagreement with Cubana Chief Priest. The conflict intensified recently when Fayose reacted to a video shared by the socialite featuring the City Boys Movement. Fayose made fresh allegations suggesting that individuals involved in importing Tramadol cannot legitimately oppose the current government.

This ongoing celebrity feud has drawn significant public attention, with fans divided in their support. Some have backed Fayose's positions, while others have criticized businessmen they allege engage in unlawful activities, creating a polarized social media landscape around both figures.

Confidence in Rebuilding Fortune

Throughout his revelations, Fayose maintained unwavering confidence in his business capabilities, emphasizing that even if stripped of his current possessions, he could rebuild his fortune through his diverse investments and entrepreneurial mindset. He attributed his success to legitimate contracts, strategic farming ventures, and calculated business decisions rather than any illicit means.

The detailed account addresses longstanding public curiosity about his financial background, with many Nigerians previously questioning his income sources. By providing specific examples from port management to telecommunications security and agricultural investment, Fayose has offered a comprehensive picture of his wealth creation journey during a period of heightened public scrutiny and celebrity conflict.