Akin Alabi

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Otunba Akin Alabi born 31 March, 1977 is a Nigerian politician, entrepreneur, and philanthropist. He is the Founder of Naira Bet, Nigeria’s first betting company and also the author of the popular business and marketing book, Small Business Big Money. Akin Alabi was appointed the Mogaji (Head) of Ajiwogbo compound in Ibadan by the Olubadan of Ibadan, HRH Saliu Adetunji on Monday December 5, 2016.  

Born in Ibadan, Ọyọ State, Nigeria, to Chief and Chief (Mrs) Adediran Alabi, Akin had his primary education at Command Children School, Ibadan and secondary school education at Federal Government College Enugu. He proceeded to The Polytechnic, Ibadan where he obtained a Higher National Diploma in Business Administration. He holds a Masters of Science (Msc) degree in Marketing from the University of Liverpool, United Kingdom. His desire for more knowledge has led him to attend professional certificate courses in business, marketing and management in glamorous institutions worldwide. He holds a certificate in Intellectual Property Strategy from Harvard University, Boston, United States.

founder on nairabet Akin Alabi

Akin Alabi started his business career in 2003 writing and selling books, manuals and other information products. He proceeded to launching his own seminar and training company specializing in teaching and consulting for other young people starting their own small businesses. He also started publishing a business opportunity newspaper titled INCOME (now rested) which became a bible for small business owners. To add to his publishing enterprise, Akin launched, World Soccer News, a weekly sports newspaper.

Akin has gone on to build many other businesses from scratch; one of them being NairaBET, Nigeria’s first online sports betting portal, with outlets across Nigeria.  Nairabet.com has its headquarters in Lagos with its Lagos operations licensed by the Lagos State Lotteries Board. Akin Alabi is involved in the Nigerian entertainment industry and he currently manages award-winning pop duo of Skuki and up-coming artistes, Sheliroy and Benijamz. He owns state of the art recording and rehearsal studios among others.Akin Alabi is heavily involved in philanthropic works.

He is the founder of Akin Alabi Foundation, a non-governmental, not for profit outfit, aimed at improving the well-being of the average Nigerian. With the motto, touching lives one person at a time, the foundation has successfully implemented projects like building and donating classrooms to primary schools, sinking of bore holes in areas where there is scarcity of water, financial empowerment of widows and a free business and career building event called Youth Enterprise Conference, held annually at Eko Hotel and Suites, Victoria Island, Lagos.

Recognizing all his good works, Akin Alabi was honoured with the chieftaincy title of Otunba Atunlushe of Igbole Ekiti by the Olugbole of Igbole Ekiti, HRM Oba Emmanuel.O. Ajayi Adetiloye II. Akin Alabi is a member of the ruling All Progressives Congress (APC). He was once a member of the People’s Democratic Party (Nigeria). He has declared his intention to contest for a seat in Nigeria’s Federal House of Representatives and in the 2019 February Election, he emerged winner.Akin Alabi is a football fan. He is a fan of Ibadan-based club side, Shooting Stars Sports Club (3SC). He also supports Manchester United FC where he is a season ticket holder. He lives in Ibadan, Lagos (both in Nigeria) and Protaras, Cyprus. He is married with children.  Akin Alabi net worth is estimated at $75 Million