Dele Momodu is a publisher and journalist. He is also the publisher of Ovation Magazine, The Boss Newspapers and many other media outlets with which he contributes as a journalist to shaping the ideology and views of Africa.
Early Life and Education
Chief Ayòbámidélé Àbáyòmí Ojútelégàn Àjàní Momodu, popularly known as Dele Momodu, was born on the 16th of May, 1960, in Ile-Ife, Osun State, Nigeria. His father, an industrious carpenter, passed away when Dele was only 13 years old, leaving his mother to raise him and his three siblings. Despite these early challenges, Dele demonstrated a remarkable tenacity and thirst for knowledge.
He attended the Local Authority Primary School in Ile-Ife and later, the prestigious Obafemi Awolowo University (OAU), formerly known as the University of Ife. There, he earned a degree in Yoruba and a master’s degree in Literature-in-English. His academic prowess and charismatic personality laid the foundation for his future endeavors in the literary and media world.
Career and Endeavors of Dele Momodu
Dele Momodu’s career began in the world of academia as a lecturer at the Oyo State College of Arts and Science in Ile-Ife, a position he held for two years. However, his passion for writing and communication soon led him to journalism. In 1988, he joined the staff of African Concord magazine, owned by the late Chief Moshood Kashimawo Olawale Abiola (MKO Abiola). His work ethic and flair for journalism quickly earned him a promotion to the position of editor within just two years.
However, his tenure at African Concord was cut short when he resigned in protest over political issues. This event marked the beginning of his journey towards independent journalism. In 1992, he founded Ovation International, a lifestyle magazine that has since become one of Africa’s most popular and widely read publications. Ovation International is renowned for its extensive coverage of African culture, entertainment, and politics, and it has provided a platform for showcasing the success stories of Africans worldwide.
Involvement in Politics
Dele Momodu’s foray into politics is closely tied to his journalistic career. He was an ardent supporter of MKO Abiola, the presumed winner of the annulled 1993 Nigerian presidential election. This advocacy for democratic principles and human rights led to his arrest by the military regime of General Sani Abacha in 1995. Facing imminent danger, Momodu fled Nigeria and went into exile in the United Kingdom, where he continued his journalistic work, using Ovation International as a platform to campaign for democracy and expose the human rights abuses in Nigeria.
In 2011, Dele Momodu decided to take a more direct role in Nigerian politics by running for the presidency under the platform of the National Conscience Party (NCP). Although he did not win, his campaign was notable for its emphasis on intellectualism, reform, and youth engagement.
Family, Wife and Children
Dele Momodu is married to Mobolaji Abiodun Momodu, a union that has been blessed with four sons: Pekan, Yole, Eniafe, and Korewa. The Momodu family is known for their close-knit bond and shared commitment to educational and professional excellence.
Momodu also shares a close bond with his niece, Sophie Momodu, the embattled baby mama of popular Afro beats Star, Davido.
Net Worth
Dele Momodu’s net worth is estimated to be around $40 million. This wealth has been accrued through his various business ventures, primarily Ovation International, which has grown into a lucrative enterprise with a global reach. Additionally, his involvement in real estate, public speaking engagements, and other media-related activities have contributed significantly to his financial standing.
Conclusion
Dele Momodu’s life story is one of resilience, intellectual strength, and a relentless pursuit of excellence. From his beginnings in Ile-Ife to becoming one of Africa’s most influential media personalities, he has consistently championed the causes of democracy, human rights, and African pride. Through Ovation International, he has provided a voice for the continent and its diaspora, celebrating African achievements and highlighting issues that affect the region. His legacy is a testament to the power of media in shaping public discourse and fostering positive change.