Nigerian Billionaire Senator Arthur Nzeribe Is Dead

Nigerian billionaire and PDP chieftain in Imo State, Senator Arthur Nzeribe has been reported dead. Senator Arthur Nzeribe is dead. It was learnt that the ace politician died on Saturday evening at age 83 years old after battling an undisclosed illness. A close relative told The Nation that preparation is ongoing by his family to make an official statement on the demise of the billionaire.

It is understood that Arthur Nzeribe, who was the longest-serving Senator from Imo state, had been on life support for a while. The deceased was a First Republic politician who represented Imo West at the National Assembly. Senator Arthur Nzeribe had hit a mega fortune at the age of 22, becoming a major player in the nation’s financial sector.

Providence smiled at him and he became so powerful and influential in Nigeria’s political landscape. He was elected a Senator to represent Orlu in 1999. It was earlier reported that the politician and businessman died on Saturday evening at the age of 83 years old after battling an undisclosed illness. It is understood that Nzeribe, who was the longest-serving Senator from Imo state, had been on life support for a while.

Senator Arthur Nzeribe, who holds the traditional title of the Ogbuagu of Oguta, was born on November 2, 1938, to an influential family in Oguta, Imo state in the south eastern part of Nigeria The multi-billionaire and business mogul attended Bishop Shanahan College, Orlu, and the Holy Ghost College, Owerri, before travelling to Lagos State in 1957. The late Arthur Nzeribe got employment with the Nigeria Ports Authority as an Engineering Cadet.

Nzeribe later won the Nigeria Ports Authority scholarship and went on to study marine engineering at the Portsmouth College of Technology and Chesterfield College of Technology in England. In the UK, Nzeribe first displayed his business acumen by selling life insurance schemes to black immigrants in the country at age 22.

His father, Oyimba Nzeribe, was a lawyer and former state counsel, and his grandfather, Akpati Nzeribe, held the traditional title of Ogbuagu, Oshiji, Damanze Oyimba of Oguta. Sadly, he lost his mother when he was a primary school pupil, while his father was away in Britain studying law, however, his care was taken over by Catholic priests who were involved in furthering his education. In 1957, he travelled to Lagos where he obtained employment with Nigeria Port Authority as an engineering cadet, and a year later, he received a scholarship from the Nigeria Ports Authority to study marine engineering.

On June 10, 1993, Arthur Nzeribe tried to stop the election, relying on a court order that his group, Association for Better Nigeria (ABN), got from a midnight ruling from late Justice Bassey Ikpeme of Abuja High Court. Association for Better Nigeria was known to be pro-Babangida durimg the military regime in Nigeria. Arthur Nzeribe was elected Senator for the Imo Orlu constituency in 1999 and was reelected in 2003. He later became an elder statesman after retiring from active politics and died on Saturday 7th May, 2022 at the age of 83 years old. May his gentle soul rest in perfect peace.