Renowned businessman and chairman of the Ibru Organisation, Olorogun Oskar Ibru, has passed away at the age of 67.
His family confirmed the news in a statement on Wednesday, revealing that he died after a brief illness. However, further details surrounding the circumstances of his death were not disclosed.
Oskar Ibru was a key figure in Nigeria’s corporate landscape and a prominent member of the famous Ibru dynasty.
He played a pivotal role in sustaining and expanding the family’s business empire, which was established by his late father, Olorogun Michael Ibru. The conglomerate spans multiple sectors, including shipping, oil and gas, real estate, and commerce.
His death comes less than a decade after the passing of the family patriarch, Michael Ibru, who died in 2016.
Funeral arrangements for Oskar Ibru are expected to be announced soon.
Reacting to the news, media entrepreneur and Ovation International publisher, Dele Momodu, expressed his grief and paid tribute to the late business mogul.
In a heartfelt Instagram post, Momodu wrote:
“News has just reached me in the skies that one of Nigeria’s most recognisable businessmen, OLORUNGUN OSKAR IBRU, has passed on… He was an extremely friendly gentleman, and a socialite per excellence, who was loved so passionately by families and friends… He was the son of the business Titan, OLOROGUN MICHAEL IBRU… Rest in peace, dear Brother…”
Oskar Ibru will be remembered for his remarkable contributions to Nigeria’s business world and his role in upholding the legacy of the Ibru family.
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