Popular Nigerian billionaire dies of COVID-19

Bolu Akin-Olugbade, a Nigerian billionaire businessman, has died from COVID-19 complications, The Cable has reported.

Citing family sources, the newspaper reported that socialite died on Wednesday, January 13, at an isolation facility in Lagos.

Legit.ng gathers that the deceased was born on April 2, 1956, to the family of late Babatunde Akin-Olugbade, Balogun of Owu and a wealthy businessman.

Bolu 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.

The late billionaire had his master’s degree in law at the University of California and obtained his doctorate degree in company law at Cambridge University.

In an Instagram post, Gbenga Adeyinka, a popular comedian, mourned the deceased.

Popular lifestyle journalist, Dele Momodu, also shared on Twitter:

According to the latest report by the Nigeria Centre for Disease Control (NCDC) which was released on Wednesday night, January 13, Nigeria has total confirmed infections of 103,999, out of which 82,555 people have recovered while 1,382 people have died.

Meanwhile, Legit.ng earlier reported that Professor Akin Abayomi, the Lagos state commissioner for health, said that there is an increase in the number of coronavirus patients having breathing difficulties in the state.

He said the state government has activated an Oxygen Plant within the premises of the Infectious Diseases Hospital, Yaba, to provide swift support to COVID-19 patients who require oxygen therapy.

The commissioner, who activated the plant, noted that the increased demand for oxygen to treat COVID-19 patients in the second wave of the pandemic necessitated the activation of oxygen generation capacity in the state. 

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