He is also the founder of Elizade University, Ilara Mokin, Ondo State.
The 81-year old Ade-Ojo started his automobile empire in 1971 with just one support staff. He started by selling various automobile brands like Peugeot, Volkswagen, etc, before finally settling for Toyota – a product he turned to a household name in Nigeria.
Today, he superintends over a conglomerate with several subsidiaries including Toyota Nigeria Limited, Mikeade Investment Co. Ltd, Mikeade Property Dev. Co. Ltd, Classic Motors Ltd, Elizade Autoland Nigeria, Okin Travels Ltd, Oodua Creations Ltd, among others.
Chief Michael Ade-Ojo, a colossus in the Nigerian automotive sector, was recently spotted behind the wheel of a Tiger Avon.
The Tiger Avon is a British kit car. It is manufactured by Tiger Racing, a company that was formed in 1989 and that specializes in racing cars.
The Tiger Avon can be fitted with different engines. However, it usually comes with the Ford Zetec 2.0 litre inline-4 engine which produces 175-hp sending power to the ground through the rear wheels.
With a weight of 595kg, it has an impressive power-to-weight ratio that guarantees outstanding performance on the track. It consists of a steel spaceframe chassis with fully independent suspension and a fibre body.