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‘He Died Talking Business’ Children of late Ibadan-based Billionaire, Inaolaji Dissect His Life



As usual, his friends and family would have gathered to celebrate his 86th birthday on the 17th of May, 2020. But as fate would have it, Alhaji Jimoh Ibrahim Inaolaji did not for the celebrations, he answered God’s call in the early hours of Tuesday, the 31st of March, 2020.

The successful businessman and Chairman of Inaolaji Group of Companies was a man of many parts. He was a businessman, a builder, socialite, teacher and philanthropist that used his life to touch many. He was the guiding light to his children, a father to many and a friend to all.

Encomiums began to pour in after his passage was announced by the family. For someone who had lived well, his passage was glorious! Condolence messages flew in from different quarters with people laying bare their encounter with him and the many lives he touched.

His children were not left out, Biola and Jelili described their father as a stern, upright man who doesn’t take no for an answer.

Biola, regarded as the closest child to the late businessman confessed ‘my dad was rare, in his last days he was still asking me the business we could do. He was talking business not minding his heath. Oh! I’ve lost a friend!’

Not many knows Inaolaji started very early in life. Born on May 17, 1932 at the Olupele Compound, Oke-Ada Ikire in Osun State, it wasn’t a bed of roses as the little Inaolaji started taking care of himself at a tender age. His first job was as a Forest Guard. In a narrative to his children, he explained what attracted him to the job, ‘every time I see the Forest Guards on my way to the farm I noticed them drinking oti oyinbo (schnapps), they were the only people at that time drinking it and I thought they must be rich to have been able to afford that. That was how I joined them’.

As fate would have it, he left his job and ventured into cocoa business, through hard work and dedication, he had his way and registered his first company, Inaolaji Enterprises.

Life came with its usual challenges and surprises and being a born fighter, he scaled many. But the most memorable experience was the ‘operation wetie’ time in 1965. Inaolaji at that time was already a successful businessman and he had friends in the government of the day. A political conflagration that claimed this side of the country sparked off and before you know it all his properties including his cocoa warehouses, the cars he used for Inaolaji Transport and personal houses in Ikire were all burnt.He escaped with his family to Ibadan where he started from the scratch and re-built his empire.

Alhaji Ibrahim Inaolaji was a giver, what you can never take away from him was his family. He was a traditional family man that dotted on each of his children right from their childhood, teenage years and nurtured them to adolescence. Little wonder he fathered 28 children and had 9 wives. All of them would readily attest to his kindness and the role he played in their lives.

One of his children, Busola, a lawyer in a chat with this writer claimed ‘there is no need to immortalise my father, he is already immortalised. You can listen to what people are saying about him. I love him and would miss his gist, yes! He was my gist partner’.


FIRS Topshot, Aminat Oluwa Finds Love Again (details of her romance with First Bank MD, Adeduntan)




-Fred Akinola


Lagos top socialite, Adebimpe Aminat Oluwa has given love another try,


The mother-of-three, a top official at the Federal Inland Revenue Service FIRS who was once married to the eldest son of billionaire Chairman of Tuns Farm, Alhaji Tunde Badmus has given anything that had to do with relationship a wide berth, before she met her new lover who is giving her so much joy.


Sources hinted that Adebimpe who was at a time a former Secretary and an Assistant Director at Lagos Inland Revenue Service has been keeping her new affair private for obvious reasons.


But the affair leaked at her 47th birthday when her lover surprised her to a private party.


The lover, the Chief Executive Officer of First Bank, Dr Adesola Kazeem Adeduntan also maintained his part of keeping the affair secret.


Adeduntan is happily married and celebrated his 24th wedding anniversary to his wife, Adenike on July 17, 2023.


Sources claimed the lovers met at a corporate event in Lagos and from the look of things, the man must have been considering taking Adebimpe as his second wife.


Judging by their closeness, the affair is said to have taken a firmer direction. Despite the banker’s busy schedule, he finds time to match up his role in the relationship, steaming the prediction on where the affair is heading.


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Obat’s Son, Femi Akinruntan To Marry Ooni’s Ex-Wife, Queen Naomi




If the story making the rounds is anything close to the truth, then the ex-wife of the Oonirisa, Oba Adeyeye Enitan Ogunwusi, Naomi Silekunola is having a shot at matrimony a second time.


The prophetess who was sent packing from the Odua Palace some years ago for undisclosed reason, is yet to hug royalty again as she has been linked to the Managing Director of Obat Petroleum, Femi Akinruntan who himself is a prince, being the second son of billionaire monarch and the Olugbo of Ugboland, Oba Frederick Akinruntan.


From a post monitored on popular instagram blog, Maestromedia, the Olugbo, Oba Akinruntan is said to have fallen for the charm of the prophetess that he decided to marry her for his son.


Many who had monitored the supremacy war between the Olugbo and the Ooni of Ife regarded this as a contest to spite the youthful Ooni of Ife.


The billionaire monarch was said to have taken up the welfare of Naomi immediately she got separated from the Ooni.

There were claims that he gave her a house in Lagos, car and foots her monthly bills explaining why the ex-queen did not feel her separation from her husband


Though unconfirmed, the plot to welcome the young prophetess who bore a son to the Ooni is thickening with news that the Olugbo palace is gearing towards a superlative ceremony and has informed those who should know.


Prince Femi Akinruntan, the GMD of Obat Petroleum is married to Folake, the daughter of a popular businesswoman, Elsie in Ibadan.



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EFCC Investigates Construction Guru, Abimbola Olupaiye For Multimillion Fraud In Dubai




Construction topshot, Abimbola Joseph Olupaiye is presently under investigation for land fraud in the United Arab Emirates.

Olupaiye who is a former employee of Tigers Properties LLC Dubai is currently being prosecuted for obtaining money by fraudulent misrepresentation to the tune of N140 million and 467,000 Dirhams in Dubai property Investment.


In a petition to the Economic and Financial Crimes Commission (EFCC) sighted by papermacheonline  and with petition number EFCC/PET/LAG/1209/2023, Joseph Olupaiye was fingered alongside Tigers Properties LLC.

It reads in part, “Petition against Abimbola Joseph and TIgers Properties LLC on account of obtaining money by fraudulent misrepresentation to the tune of 467,000 Dirham and 300,500 Dollars.”

The matter has been reported to the EFCC which has commenced investigation to unravel the shady deal.


Additional report; Societyreporters

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