The Ogun State Government has described the death of billionaire businessman, Bolu Akin-Olugbade, as a major loss.
Akin-Olugbade reportedly died of COVID-19 complications on Wednesday.
The Special Adviser to the Governor on Public Communications, Remmy Hazzan, said, “He was an achiever per 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 the Owu Kingdom for this very major loss.”
According to family sources, the socialite died on Wednesday at an isolation facility in Lagos.
Akin-Olugbade was born on April 2, 1956, to the family of late Babatunde Akin-Olugbade, Balogun of Owu and a wealthy businessman.
He holds the traditional title of the Aare Ona-Kankanfo of Owu Kingdom.
He was a lawyer and his business interest include property development, construction, manufacturing, logistics, distribution, maritime and offshore services and investment banking.
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.
