Aare Вashir Olawale Fakorede loathes media attention. He does not love controversy. But when it comes to philanthropy and business, he is always at the forefront with full force. He does not like to talk much but oftentimes, his giant strides speak volumes for him that’s why he has remained a delight to Hoi polloi businessmen. His rise to riches and fame has raised many eyebrows, but many do not know he worked hard for what he is enjoying today.
Ever since his foray into the murky waters of business, his sincerity distinct him from his peers. More reason he was open to many pies of business. One industry he knows like the back of his hand is the retail aspect of the Oil and gas sector. If you wake him from sleep to deliver a comprehensive lecture on the supply chain of Oil and gas, with a spontaneous response, he would deliver beyond imagination.
On his admission to Yaba College of Technology, Lagos where he obtained an Ordinary National Diploma in Accounting and later Ambrose Alli University for BSc. Accounting, his sojourn as an entrepreneur kick-started in 1995, when he floated his flagship, Bash Distinct Oil. With his first filling station in Obalende in 1996 with Agip Oil, Total Gas station in Ikota and Bash Distinct alongside other retail outlets, he soon began to expand and grow into a formidable force owning chains of filling stations with Enyo Retail & Supply (ERS), a leading indigenous oil and gas distribution company with over 50 retail stations across Nigeria.
After years of conquering the sector, he later diversified his investments with 2B5M Limited Agricultural firm, High link Royal Castle Development Real Estate and Dredging Company. Apart from his tight work schedule, the Aare Bobajoko of Ikate Elegushi loves to live life to the fullest by attending soirees and exploring countries in the company of his wife Tayo who he said stood firm with him through tough times. Despite his lifestyle, he loves humanity and believes that living one’s best life is about giving one’s best to humanity. A source says; Fakorede is a dangerous giver who has used his God-given wealth for the upliftment of humanity. “He has sponsored many children to school. He has sponsored many athletes, he has funded many foundations under anonymity. More reason his cost has continued to enlarge.”
