Isaac Fayose, the younger brother of former Ekiti State governor Ayodele Fayose, has opened up about how he earned his first million pounds, amid his ongoing dispute with socialite Cubana Chief Priest.
The social commentator said his wealth-building journey began during the administration of former president Olusegun Obasanjo, when he secured a government contract at the nation’s ports.
According to Fayose, the contract tasked him with tackling the problem of wharf rats using a unique method involving dogs and cats. He said the project proved highly profitable, ultimately earning him about 4 million pounds in profit.
The contract marked a major turning point in his financial life, he added, explaining that he deployed hundreds of dogs alongside cats to secure the ports and eliminate the rat infestation before the facilities were handed over to concessionaires.
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Fayose, who recently came under the spotlight due to his public disagreement with entertainer Paschal Okechukwu, popularly known as Cubana Chief Priest, said the port project was just the beginning of his wealth accumulation.
He disclosed that he later secured another lucrative contract with MTN Nigeria, one of the country’s leading telecommunication companies.
In that role, he said he was responsible for maintaining and securing the company’s base stations across the country, employing guards to protect the installations. The contract, he explained, provided an additional major source of income.
After returning to Nigeria in 2002, Fayose said he also ventured into agriculture, particularly timber farming. He revealed that he purchased thousands of mahogany seedlings, which take years to mature, and explained how the value of each tree has increased significantly over time.
Fayose said the timber business remains a strong source of wealth, with profits tied to the long-term growth of the trees he planted years ago.
His revelation comes amid public curiosity about his financial background, as many Nigerians have questioned his source of income.
Fayose insisted that his earnings came from contracts, farming, and business ventures, confidently stressing that even if he were stripped of his current possessions, he could rebuild his fortune through his investments.
