Business mogul and Chairman of the Ibru Organisation, Olorogun Oskar Ibru, has died at the age of 67.
According to a statement released by his family and reported by Arise News on Wednesday, Ibru passed away after a brief illness. Further details about the circumstances of his death were not disclosed.
A key figure in Nigeria’s corporate landscape, Ibru was one of the most prominent heirs of the Ibru dynasty. He played a crucial role in sustaining and expanding the business empire established by his late father, Olorogun Michael Ibru, whose conglomerate spanned shipping, oil and gas, real estate, and commerce.
His death comes less than a decade after the passing of the family patriarch, Michael Ibru, in 2016. Funeral arrangements are expected to be announced soon.
Reacting to the news, media entrepreneur and Ovation International publisher Dele Momodu described Ibru as “an extremely friendly gentleman and a socialite par excellence.”
In a post on Instagram, Momodu wrote, “News has just reached me in the skies that one of Nigeria’s most recognisable businessmen, OLOROGUN OSKAR IBRU, has passed on… He was an extremely friendly gentleman and a socialite par excellence, loved deeply by family and friends. He was the son of business titan, OLOROGUN MICHAEL IBRU… Rest in peace, dear brother.”