Local News

Prince Samuel Adedoyin: Tragedy as Prominent Nigerian Billionaire Loses Another Daughter

Billionaire businessman Prince Samuel Adedoyin is in mourning as he reportedly lost one of his children, Lola Olabayo
Lola, according to her husband, died on Tuesday night, August 17, at an undisclosed hospital in Lagos.

The Princess Lola Olabayo, the daughter of a billionaire industrialist from Kwara state, Prince Samuel Adedoyin, has died.

The newspaper reported that the deceased was the wife of Prince John Olobayo, a socialite from Kogi state.

Prince Samuel Adedoyin, billionaire industrialist from Kwara state.

It was gathered that Olabayo’s husband has confirmed her death, saying the family would meet to announce the burial.

The husband was quoted to have said:

Mohammed Fawehinmi: Osinbajo pays condolence visit to bereaved family
“She died in an hospital in Lagos on Tuesday night. The family will meet to discuss the burial arrangement. A statement will be issued after the meeting.”

Daily Trust stated that it visited the GRA home of the Olobayos on Wednesday, August 18, but the place was deserted.

Olabayo’s death reportedly happened two months after Subomi, her son, took his life under controversial circumstances.

Another daughter of the billionaire named Funke reportedly died in 2018. She was a serving member of the House of Representatives until her death.

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