Onajite Paul Okoloko is a Nigerian entrepreneur. He is currently Group Chief Executive Officer / Managing Director of Notore Chemical Industries Plc (“Notore”). He is also the Chairman of Midwestern Oil & Gas Limited (“Midwestern”) and the Chairman of Eroton Exploration & Production Limited (“Eroton”). Education and Personal Life Okoloko graduated from the University of Benin in 1986 with a bachelor's degree in Economics and is an alumnus of Harvard Business School. He is married with four children. Early career Okoloko lived and worked in the United States prior to his return to Nigeria in 1994 to work in the oil industry. In the US, Okoloko worked in sales, marketing and business development. Okoloko's business ethos is driven by a desire for indigenous ownership and operating of business, developing local management talent and encouraging community participation. Companies Ocean and Oil Okoloko was a founding member of the Ocean and Oil Group alongside Adewale Tinubu, Omamofe Boyo and Osaze Osifo. In 1994, what started out as an oil trading company eventually acquired Unipetrol Nigeria Plc during the Federal Government of Nigeria's privatization exercise in 2000. Ocean and Oil went on to acquire other assets, including Agip Nigeria Plc (the oil marketing arm of the ENI Group in Nigeria) and listed a subsidiary (Oando Plc) on the Nigerian and Johannesburg Stock Exchanges. Okoloko left the Ocean and Oil Group of Companies in 2005. Notore Okoloko is the Group Chief Executive Officer/Managing Director of Notore Chemical Industries Plc (“Notore”). Up until 2015, Notore was the only producer of urea fertiliser in Sub-Saharan Africa. Okoloko led a consortium of international and local investors to buy the defunct National Fertilizer Company of Nigeria (NAFCON) through a privatisation round led by the Bureau of Public Enterprises (BPE) between 2004 and 2005. NAFCON, which was originally built by KBR in the 1980s, was a flagship urea producer with over 100% efficiency until it was taken over by the Nigerian Government and subsequently shut down. Post-acquisition, Okoloko successfully completed the largest single loan syndication of Nigerian banks at the time, enabling Notore to raise US$222 million amongst 7 Nigerian financial institutions and completed a successful rehabilitation after it lay idle for more than 10 years. Post-acquisition, Okoloko was instrumental in campaigning for reform in the Nigerian agricultural sector, lobbying the government to move away from a subsidy based system of fertiliser distribution to a comprehensive and sustainable methodology