Juwon Lawal Razaq
Born
Juwon Lawal Razaq

(1979-10-22) October 22, 1979
NationalityNigerian
Alma materAmbrose Alli University
Imperial College Business School
Occupation(s)Businessman, Entrepreneur
Known forAfricent Group

Juwon Lawal Razaq (born 22 October 1979) is a Nigerian-born businessman and entrepreneur. He is the founder and CEO of Africent Group of Companies Ltd, a conglomerate with diverse business interests. He was the 2013 Young Entrepreneur of the Year at the Global Excellence Awards.[1] He is a former Forbes Business Council member,[2] and a UN Eminent Peace Ambassador[3]

Early life and education

Juwon Lawal Razaq, originally from Kogi State, Nigeria, spent his formative years in Lagos. He obtained a Bachelor of Science degree in Business Administration and later pursued an MBA in Business Administration and Management at Ambrose Alli University, Ekpoma, Edo State.

His quest for further expertise led him to undergo executive training in agribusiness at Harvard Business School. Additionally, he holds alumni status from both Imperial College Business School in London and Saïd Business School at Oxford University.[4]

Business and Career

Juwon Lawal Razaq's journey in business began at a young age by managing his father’s palm oil extraction enterprise.[5] This early exposure sparked an interest that led him into various industries, including oil, marine, and agriculture.[6]

In 2005, he started providing consultancy services in oil marketing and training. He founded Stevepel Energy Resources Limited two years later, venturing into the oil and gas sector.

Razaq gained experience as an oil trader and held a position as a senior trader at the South East Asia oil trading company, Winson Oil Pte, an oil trading company in Singapore.

Expanding his ventures, he entered the marine logistics sector in 2009, establishing S. T. & L. Bunkers Ltd, later rebranding it as ABD Fuels Plc. ABD Fuels became a corporate member of the International Bunker Industry Association (IBIA), specializing in supplying marine fuels along the West African coast. In 2010, the company diversified into producing lubricants for automotive and industrial use.[7][8]

This evolution continued, leading to the transformation of ABD Fuels into S8 Contractors, emphasizing adaptability and a diverse industry presence.[9]

Razaq is the founder and CEO of Africent Group of Companies Ltd, a conglomerate that has AfricentOCL UK Ltd, AfricentOCL & Commodities Co Ltd, Eleven Ocean Ltd, and Africent Industries Ltd, as its subsidiaries.[10][11]

Notable Awards and Affiliations

  • Young Entrepreneur of the Year 2013[12]
  • Businessman of the Year 2020[13]
  • UN Eminent Peace Ambassador 2020[14]
  • Member, Forbes Business Council 2020-2022[2]
  • Member & Global Ambassador, Commonwealth Entrepreneurs Club, London 2021[13]

References

  1. ↑ "Juwon Rasak Lawal; A Charitable Entrepreneur". theoctopusnews.com. Retrieved 2023-11-15.
  2. 1 2 "Africent Group Boss, Razaq Juwon Lawal, Becomes Member of Forbes Business Council". saharaweeklyng.com. Retrieved 2023-11-15.
  3. ↑ "The United Nations chooses Dubai as the starting point for its Diamond Jubilee celebrations". albayan.ae. Retrieved 2023-11-15.
  4. ↑ "Young Business Elite, Juwon Lawal Razaq's Masterstroke". cityspy.com.ng. Retrieved 2023-11-15.
  5. ↑ Ebunoluwa Akinola. "How Palm Oil Business Owner Who Started At Age 23 Now Has Million Dollars Business In Several Countries". espact.com. Retrieved 23 November 2023.
  6. ↑ "Razaq Juwon Lawal: From Making first 1million as Palm Oil Seller to Global Entrepreneur". risingafrica.org. Retrieved 2023-11-15.
  7. ↑ "After making his 1st million at 23 while selling palm oil, he now runs big businesses in several countries". ghanaweb.com. Retrieved 2023-11-15.
  8. ↑ "Lawal's doggedness". punchng.com. Retrieved 2023-11-15.
  9. ↑ "Why I Ventured into Marine, Other Businesses -Juwon Lawal". globalexcellenceonline.com. Retrieved 2023-11-15.
  10. ↑ "Africent Group Boss, Juwon Razaq Lawal Speaks On His Business Success Secrets". thecitypulsenews.com. Retrieved 2023-11-15.
  11. ↑ "Meet Amb Razaq Juwon Lawal, Entrepreneur And Founder Of Africent Group". zgr.net. Retrieved 2023-11-15.
  12. ↑ "Black Excellence: Success Story Of This Nigerian Entrepreneur Who Made His First Million At 23 From Selling Palm Oil And Runs Businesses Across The World". dukeintmagazine.com. Retrieved 2023-11-15.
  13. 1 2 "Commonwealth Club Appoints Africent Group CEO, Razaq Lawal 'Global Ambassador'". justnews.ng. Retrieved 2023-11-15.
  14. ↑ "AfrocentOCL CEO, Juwon Lawal's Recipes For Entrepreneurial Success". newtelegraphng.com. Retrieved 2023-11-15.
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