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General News of Thursday, 14 January 2021


Ogun mourns as billionaire businessman Akin-Olugbade dies of coronavirus

Ogun State in a state of mourning after the death of billionaire businessman Bolu Akin-Olugbade was announced.

The state government described his death as a major loss.

Reports suggest he died through complications from the novel coronavirus Wednesday.

A statement by the Special Adviser to the Governor on Public Communications, Remmy Hazzan, said, “He was an achiever par excellence. One of the foremost citizens of Owu kingdom which is the same kingdom former president came from.

“Ogun State will definitely miss him, his achievements both in professional and social circle.

“We as a state ask on behalf of the family for the fortitude to bear this irreparable loss.

“We condole with every citizen of Ogun State, particularly those of Owu Kingdom for this very major loss.”

Family sources said he died at an isolation center in Lagos.

Born on April 2, 1956, Akin-Olugbade is the son of the late Babatunde Akin-Olugbade, Balogun of Owu, and a wealthy businessman.

He holds the traditional title of the Aare Ona-Kankanfo of Owu Kingdom, reports.

He was a lawyer and his business interest include property development, construction, manufacturing, logistics, distribution, maritime and offshore services and investment banking, according to

He attended Corona School, King’s College, Lagos, and London University.

Akin-Olugbade had his Master’s Degree in Law from the University of California and obtained his doctorate degree in Company Law at Cambridge University.

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