The Nigerian business and philanthropic community has been plunged into grief following the passing of billionaire entrepreneur and philanthropist, Olorogun Oscar Ibru, after a brief illness.
He was 67.
Family members confirmed the death of the respected businessman on Wednesday, marking the end of a remarkable era in the illustrious Ibru dynasty.
Born in 1957 as the first son of the late industrialist, Michael Ibru, Oscar Ibru grew to become one of Nigeria’s most influential corporate leaders.
He carried forward the family’s business empire, the Ibru Organisation, expanding its interests across shipping, aviation, agriculture, oil and gas, and real estate.
A graduate of the London School of Economics, Ibru carved out his own legacy beyond inheriting the family name.
He distinguished himself not only as a boardroom giant but also as a patron of the arts and a notable philanthropist whose generosity touched lives in the fields of education and healthcare.
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Tributes have been pouring in from prominent Nigerians across business, politics, and culture. Many describe his death as a “monumental loss”, citing his visionary approach to business and his commitment to national growth.
“Oscar Ibru embodied resilience and service. His impact on Nigeria’s economy and society will continue to speak long after him,” one associate remarked.
Details of funeral arrangements are expected to be announced by the Ibru family soon.
Oscar Ibru leaves behind his wife, children, and a large extended family, as well as a legacy of enterprise, philanthropy, and service to humanity.
