By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: 2023: Oil magnate, Tein Jack-Rich declares presidential ambition, submits N100m APC form
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
Politics

2023: Oil magnate, Tein Jack-Rich declares presidential ambition, submits N100m APC form

Muhammad A. Aliyu
By Muhammad A. Aliyu
Published: May 16, 2022
Share
4 Min Read
Tein Jack-Rich
Tein Jack-Rich
SHARE

Renowned industrialist and humanitarian, Engr. Tein T. S. Jack-Rich, has formally declared his presidential ambition on the platform of Nigeria’s ruling party, the All Progressives Congress (APC).

Engr. Jack-Rich, the founder of Belemaoil Producing Limited, made his declaration in Abuja on Friday, May 13 at a press conference.

Speaking at the Congress Hall of Transcorp Hilton Hotel, the business tycoon said he had submitted his presidential form at APC secretariat and was ready to challenge other presidential aspirants for the party’s ticket.

At 47, Jack-Rich is one of the youngest aspirants in the APC after Kogi State Governor Yahaya Bello (46) and Nicholas Felix (40).

- Advertisement -

The presidential aspirant, while addressing his supporters, narrated how he lost his parents at 10 and lived as an orphan on the streets of Port Harcourt, Rivers State for years.

He said despite struggling to survive and make ends meet, he did not take to criminality to become a person of influence he currently is.

Engr. Jack-Rich later founded Belemaoil Producing Limited, the first indigenous oil exploration and Production company in Nigeria to emerge from an oil producing Community in Niger Delta.

The renowned businessman said if elected in 2023, his administration will create 26,000 jobs in each of the 774 local governments of Nigeria on his first day in office.

- Advertisement -

Engr. Jack-Rich promised to focus on youth and women empowerment, infrastructure and job creation if elected as president of Nigeria.

He stated; “My wife (Dr Elizabeth Jack-Rich) is a very strong woman. She has already told me that I am going to negotiate from a point of strength to represent the interest of women. I am 101 percent in support of her in giving you (women) a better life because you are giving (your support) to me.“

The philanthropist expressed; “I will create smart jobs and will develop the oil and gas industry and optimise the oil and gas in the country. My presidency will strengthen our value system. We will create 26,000 jobs in each LGA on the first day in office. I will make it happen. When I create 26,000 direct opportunity jobs on the first day in office in the 774 LGAs, within one year, poverty will flee.”

Engr. Jack-Rich speaking further on his vision especially for the youth said infrastructures will be put in place to develop digital technology.

The philanthropist also pledged not to take a single loan to fund any government projects and programmes.

He noted; “I will not take a single loan throughout my presidency. We will produce what we will consume. God has given us all we need to consume.”

Speaking about the state of insecurity in the nation, Engr. Jack-Rich noted that sound education and meaningful engagement of youths is the solution to banditry, saying no amount of military deployment can end the menace.

Engr. Jack-Rich and his wife, Dr Elizabeth Jack-Rich, who is the CEO of Elin Group, are blessed with two daughters.

Dr. Elizabeth Jack-Rich is also a philanthropist, an entrepreneur and business mogul.

Just like her husband, Dr. Elizabeth is also very passionate about helping humanity. She has over the years done this through her foundation, Elizabeth Jack-Rich Aid Foundation.

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:apcTein Jack-Rich
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
ByMuhammad A. Aliyu
Follow:
Muhammad Ameer Aliyu, is a prolific journalist who joined Okay Nigeria in 2015 with the aim staying committed to bringing more positive growth to the digital news platform. He is the Senior Editor at Okay Nigeria.
Previous Article Controller of Corrections Katsina State command receives DSC Dev. Course participants
Next Article Deborah Samuel Deborah Samuel: Court remands suspected killers in correctional centre

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow
- Advertisement -
Ad imageAd image
- Advertisement -
- Advertisement -
Ad imageAd image

Recent Posts

Tonye Cole Declares Nigeria’s Presidential System Unsuitable, Calls for Homegrown Governance Model
News Politics
Ekiti State Advances Water and Sanitation Infrastructure with Solar-Powered Facilities
News
NYSC Sets Date for Commencement of Batch ‘A’ Stream II Orientation Course
News
NELFUND
NELFund Expands Interest-Free Loans to Vocational Centres, Enugu Among First Beneficiaries
Education News
Finnish Authorities Charge Simon Ekpa with Terrorism Over Biafra Separatism
News
- Advertisement -
Ad imageAd image

You May Also Like

News

FG Revalidates Social Register to Boost Cash Transfer Payments Amid World Bank Concerns

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
May 17, 2025
Mr Macaroni
Celebrities

Mr Macaroni Opens Up About Fear of Marriage, Says He’s ‘Zoned Out’

Damilola A.
Damilola A.
May 16, 2025
News

JUST IN: Tinubu Hosts Alaafin of Oyo at State House, Reaffirms Role of Traditional Rulers in National Unity

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
May 16, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?