Otunba Akin Alabi is a man of many talents and achievements. He is the founder of Nairabet, Nigeria’s first and largest sports betting website. He is also a member of the House of Representatives, representing Egbeda/Ona Ara Federal Constituency under the APC party. He is an author, a music video director, and a philanthropist who has donated millions of naira to various causes and projects.
Early Life and Education
Akin Alabi was born on March 31, 1977 in Ibadan, Oyo State, Nigeria. He was the last child of Chief and Chief (Mrs) Adediran Alabi. He attended Command Children School, Ibadan and Federal Government College, Enugu for his primary and secondary education respectively.
He then proceeded to The Polytechnic Ibadan, where he studied Business Administration and obtained his Higher National Diploma. He later enrolled in the University of Liverpool, UK, where he studied Marketing. He also holds a certificate in Intellectual Property Strategy from Harvard University, Boston, US.
Career and Business
Akin Alabi started his career by writing and selling books in 2003. He also launched a seminar and training company, where he taught and consulted for startups. He ventured into publishing, producing Income, a business opportunity newspaper, and World Soccer News, a weekly sports newspaper.
He also developed a passion for music and video production, and released an album in 1999. He became a renowned music video director, working with several top Nigerian artists such as 9ice, Timaya, Tope Alabi, Onyeka Onwenu, Reminisce, and others.
He also formed a musical group with his wife called T.I.V, which won several awards for their hit single, Komole, in 2012. He is the creator of the animation TV series on Nigerian proverbs called My Nigerian Proverb, which shows on various platforms. He also wrote a book on Yoruba proverbs titled Akomolowe: My Book of Yoruba Proverbs in 2018.
However, his most notable achievement is the founding of Nairabet, Nigeria’s first and largest sports betting website. He got the idea for Nairabet during his visit to the UK, where he was introduced to the game of betting by his brother. He realized that Nigerians love football, especially European football, and decided to create a platform where they could place bets on their favorite teams and matches.
He launched Nairabet in 2009, and it quickly became a success, attracting millions of customers and generating billions of naira in revenue. He resigned as the CEO of Nairabet in 2018, to focus on his political career.
Political and Philanthropic Activities
Akin Alabi is also a politician and a philanthropist. He joined the APC party in 2014, and contested for the House of Representatives seat for Egbeda/Ona Ara Federal Constituency in 2015, but lost. He tried again in 2019, and this time, he won, becoming a member of the 9th National Assembly.
He has sponsored several bills and motions in the House, such as the bill to establish the Nigerian Sports University, and the motion to investigate the activities of online lending platforms.
He is also known for his generous donations and contributions to various causes and projects, especially in his constituency. He has donated millions of naira to support education, health, sports, infrastructure, and empowerment programs.
He has also given out scholarships, grants, and loans to students, entrepreneurs, and artisans. He has been recognized and honored by several organizations and institutions for his philanthropic work.
Otunba Akin Alabi Net Worth
Otunba Akin Alabi’s net worth is estimated at $75 million. He is the founder of Nairabet, Nigeria’s first and largest sports betting website, and a member of the House of Representatives, representing Egbeda/Ona Ara Federal Constituency under the APC party. He is also an entrepreneur, author, music video director, and philanthropist who has donated millions of naira to various causes and projects.
Controversy And Activism Of Otunba Akin Alabi
Otunba Akin Alabi is not only a successful entrepreneur and politician, but also a vocal and influential figure in the Nigerian society. He has been involved in several controversies and activism over the years, such as:
Tithe Controversy: In 2017, he sparked a debate on social media when he criticized the practice of paying tithes to churches. He argued that tithing was not a biblical commandment and that pastors were exploiting their followers by demanding 10% of their income. He also shared an experience of his friend who gave out his last money as tithe, only to be left broke and hungry. He advised people to use their money wisely and help the needy instead of enriching the clergy.
EndSARS Protest: In 2020, he joined the nationwide protest against police brutality and bad governance in Nigeria. He marched with other protesters in Ibadan and Lagos, calling for the disbandment of the notorious Special Anti-Robbery Squad (SARS) and the reform of the Nigerian Police Force. He also donated money and food to the protesters and provided legal aid to those who were arrested or injured by the security forces.
Sports Development: As a sports enthusiast and the founder of Nairabet, he has been a strong advocate for the development and promotion of sports in Nigeria. He has sponsored several sports events and programs, such as the Akin Alabi Youth Football Challenge, the Akin Alabi Foundation Football Tournament, and the Akin Alabi Sports and Fitness Festival. He has also supported various sports clubs and associations, such as the Shooting Stars Sports Club, the Nigeria Football Federation, and the Nigeria Basketball Federation. He is also the founder and owner of Lekki United F.C., a football club based in Lagos.
These are some of the examples of the controversy and activism of Otunba Akin Alabi. He is a man who is not afraid to speak his mind and stand up for what he believes in. He is a leader and a change-maker who has made a positive impact on the society.
Conclusion
Otunba Akin Alabi is a remarkable Nigerian who has excelled in different fields and sectors. He is an entrepreneur, a politician, and a philanthropist who has made a positive impact on the society. He is a role model and an inspiration to many Nigerians, especially the youth. He is a true example of hard work, creativity, and generosity.
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