Popular socialite and entrepreneur, Egungun, has stated that academic qualifications do not necessarily determine one’s financial or career achievements.

During a conversation with media personality Daddy Freeze, Egungun revealed that he did not complete his schooling, yet he employs individuals with strong academic backgrounds.

“I didn’t finish school, but my chef has two degrees and graduated with a 2:1. All my staff finished with 2:1,” he remarked.

According to his statements, practical skills and business acumen outweigh academic qualifications in today’s Nigerian economy.

He emphasized that success is not solely dependent on formal education.