Mrs Omogbene Adeborile, 65, mother-in-law to Oba Fredrick Obateru-Akinruntan, the Olugbo of Ugboland, has been abducted by gunmen in Igbotako in Ondo State. The News Agency of Nigeria (NAN) learnt that Adeborile was abducted on Saturday at her residence in Igbotako, Okitipupa Local Government Area of Ondo State at about 10p.m.
Adeborile is the wife of Chief Babatunde Adeborile, Chairman of Peoples Democratic Party, Igbotako Ward II. One of the residents, who preferred anonymity, told NAN that “I was in my house when I heard gunshots. I thought they were armed robbers; I scampered for safety and started praying.
“ I later learnt that eight gunmen took mama into a waiting vehicle and escaped before the police came’’, he said.
Efforts to get a member of the Adeborile family to comment on the incident proved abortive. Chief Solomon Bitire, the Caretaker Chairman, Okititipupa LG, confirmed the incident, saying that he would meet the Commissioner of Police on the matter. “The incident is true. The commissioner of police is aware of the matter. I will be meeting him over the matter’’, Bitire said.
Mr Isaac Eke, the Commissioner of Police, also confirmed the story. He said investigation was going on to unravel those behind the abduction. “We received a report on the matter and we are on top of the situation’’, Eke said. (NAN)
Oba Akinruntan is mentioned as one of the 5 wealthiest monarchs in Africa. Forbes magazine recently listed them on their list of 5 wealthiest monarchs in Africa. Oba Akinruntan, who is rated to have an estimated net worth of $300 million, has business interest in construction, property and oil.
Oba Akinruntan is the founder of Obat Oil and he is said to own the largest petroleum depot in Africa. Oba Akinruntan started Obat Oil Company in Okitipupa, Ondo State in 1981 with a gas station which was to meet the needs of his immediate family and neighboring communities.
OBAT Oil has now grown to more than 50 gas stations across Nigeria. His company also has one of the largest tank farms in Africa- a modern storage facility that has the capacity to store 65 million liters of petroleum products.
Aside the oil and gas business, Oba Akinruntan is also into real estate as he has choice buildings in London and across Nigeria including the landmark Febson Hotels and Mall in the Central Business District of Abuja.
Oba Obateru Akinrutan became the Olugbo of Ugbo land, a small oil-rich community in Ondo state in 2009 and that was a prophecy comes true.
Beside his eye popping immense wealth, the respected traditional ruler is a man of class, taste and style. He oozes sheer sophistication as he possesses arrays of luxury cars in his sprawling and magnificent palace.
He made history in 2012 when he emerged as the first black person to buy the 2014 model of Bentley which was made solely for Queen Elizabeth of England in the belief that other people would wait till 2014 to ride it. But Oba Akinruntan shocked all by buying the same version in 2012. Oba Akinruntan also has a custom built 2012 Rolls Royce similar to that of Queen Elizabeth II.
And just as he has dazzled all on land, he is also dazzling people on water and this cannot be far-fetched. He was born and bred in a riverine area before he become a king of a riverine area where long before now there was no motorable road. They travelled by water thus his love for travelling on water.
Oba Akiruntan is alleged to control some of the most expensive yachts in the country. He sits atop a business conglomerate with interests in petroleum, shipping, construction, fishery, tourism and hospitality, consultancy services and water purification and production.
Since his emergence as the king of Ugbo Kingdom, Oba Akiruntan’s eldest son, Prince Akinfemiwa Akinrutan, has been the managing director of the company while the king assumed post of the Chairman of the oil company.
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