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Nigerian billionaire businessman dies of Covid-19

Benjamin Ukpabi

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Nigerian billionaire businessman dies of Covid-19

Nigerian billionaire, Bolu Akin-Olugbade is dead.

The 61-year-old businessman passed away on Wednesday.

The socialite died at the Paelon COVID Centre, Ikeja, Lagos.

Until his death, Akin-Olugbade was the Aare Onakakanfo of Owu Kingdom.

He obtained a doctorate degree in Company Law from Cambridge University.

Akin-Olugbade was a Rolls Royce lover and one of the largest collectors worldwide.

His 10th Rolls Royce, the Cullinan worth $450,000, was reportedly the first shipped to Africa in 2019.

A man of taste and glamour, Akin-Olugbade told ThisDay in 2018: “I have different concepts of how I spend money.

“I spend money on cars because I have always loved cars. I bought my first Rolls Royce in 1984 and now, I am on my ninth Rolls Royce. I believe in dressing well and I travel a lot.”

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He also had business interest in property development, construction, manufacturing, logistics, distribution, maritime and offshore services and investment banking. He attended Corona School, King’s College, Lagos and London University.

It was revealed he died at the Paelon COVID Center, Ikeja. Until his death, Akin-Olugbade was the chairman of Bolu Akin-Olugbade Limited and GMT Limited.

He was born on April 2, 1956, to the family of late Babatunde Akin-Olugbade, Balogun of Owu and a wealthy businessman.

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Saturday News update 16th January 2021

Benjamin Ukpabi

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Saturday News update 16th January 2021

News in Nigeria Today Saturday 16th January 2021
Here are some of the Breaking News in Nigeria Today Saturday 16th January 2021 on some of the nation newspapers .

COVID-19 vaccine: NARD president urges FG to prioritise procurement
The National President of the National Association of Resident Doctors (NARD), Dr. Okhuaihesuyi Uyilawa, has urged the Federal Government to prioritise the provision of the vaccine by sourcing urgent alternative funding to achieve this objective.  (Saturday News)

Logistics firm empowers 40 women at Onne

The oil and gas logistics company, INTELS Nigeria Limited, has completed the training of a fresh batch of 40 women under its Women Empowerment Programme Scheme Synergy (WEPSS). Since inception seven years ago, no fewer than 1,400 women, drawn from various communities across the country, have benefited from the empowerment scheme.

READ  Saturday News update 16th January 2021

Failure of past regimes to blame for Nigeria’s current situation, says Azuka

The former President of Ohanaeze Ndigbo in Kano State, Chief Chris Chukwubuzor Azuka, has urged Nigerians not to blame the President Muhammadu Buhari – led administration for the present ills of the country, saying that the present situation of the country is a cumulative effect of the failures of past administrations. (Saturday News)

Buhari vows to improve security, welfare of troops

President Muhammadu Buhari has promised a significant improvement of security in the country this year.This is as the country yesterday commenced the celebration of this year’s annual Armed Forces Remembrance Day across the country.

Failure to accept our limitations costing us dearly

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One of the biggest problems in this country our inability to acknowledge our failings which would then allow for proper reflection in order to ensure the same mistakes will not be repeated in future. This failing cuts across all areas afflicting both government and the private sectors and often leads to devastating consequences.  (Saturday News)

Kwara APC youths back removal of party chairman

Youths under the banner of the All Progressives Congress (APC) from the three senatorial districts in Kwara State have expressed unflinching support for the removal of Hon. Bashir Omolaja

C’River achieves $20.4m World Bank grants

Cross River State government has said it has achieved World Bank grants worth $20.4m given under States Fiscal Transparency Accountability and Sustainability (SFTAS) programme. The Commissioner for Finance, Asuquo Ekpenyong Jnr, disclosed this on Friday while briefing journalists on the achievement of his ministry  (Saturday News)

READ  Covid-19: Nigeria records 1479 Covid-19 cases

Bagudu approves N2.4billion for constituency projects

Governor Abubakar Atiku Bagudu has approved the release of (N2.4billion) two billion four hundred million naira for constituency projects in the state. The projects are to be executed under various ministries, departments and agencies in fulfillment of the policy thrust of the incumbent administration of provision of dividends of democracy to the people.

Soun congratulates Alaafin on his golden jubilee coronation anniversary
Soun of Ogbomosoland, Oba Oladunni Oyewumi Ajagungbade III, has felicitated with Alaafin of Oyo, Oba Lamidi Olayiwola Adeyemi III, on the occasion of his 50th coronation anniversary.

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Federal Government warns against large gatherings

Benjamin Ukpabi

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Federal Government warms against large gatherings

The FG has warned against large gatherings as schools resume on Monday.

It is no more news that the resumption of school activities is close. The FG announced that the resumption of school activities remains on 18th January.

Over crowding and large gatherings in school has been banned by the federal government in a bid to safe guard the lives of students against contracting the deadly corona-virus.

The banning of large gatherings by the federal government is coming few days to the resumption of school activities (18th January).

 

Nevertheless, there were mixed reactions from various Nigerians on twitter towards the banning of large gatherings in schools.

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The FG also advised all students to follow all Covid-19 protocols inorder to stay safe at all time.

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Covid-19 update: 1867 new cases in Nigeria

Benjamin Ukpabi

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Covid-19 update: 1867 new cases in Nigeria

1867 new cases of #COVID19Nigeria;

Lagos-713
Plateau-273
FCT-199
Kaduna-117
Oyo-79
Enugu-58
Ondo-53
Kano-49
Sokoto-43
Ogun-37
Osun-37
Nasarawa-36
Rivers-28
Benue-24
Delta-24
Niger-24
Gombe-18
Edo-15
Taraba-12
Bayelsa-10
Ekiti-9
Borno-6
Zamfara-2
Jigawa-1

107,345 confirmed
84,535 discharged
1,413 deaths

Covid-19 update

Our discharges today include 277 community recoveries in Lagos State, 150 in Kaduna State and 78 in Plateau State managed in line with guidelines.

 

 

READ  Covid-19: Nigeria records 1479 Covid-19 cases
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