The patriarch of the Ibru family in Delta State, Olorogun Michael Ibru, is dead.
The deceased was the husband of the former managing director of the defunct Oceanic Bank, Cecilia Ibru.
The business mogul, who was aged 86, a statement from the family said, died in a hospital in the United States of America on Tuesday morning. The deceased, an Officer of the Federal Republic and the Otota of Agbarha-Otor kingdom in Delta State, was also the Chairman, Michael and Cecilia Foundation.
Reacting to Ibru’s death, the Delta State Governor, Ifeanyi Okowa, described the passage of the patriarch of Ibru dynasty as a national loss.
Okowa in a statement signed by his Chief Press Secretary, Charles Aniagwu, said it received with sadness and an immense feeling of great national loss, the death of Nigeria’s foremost entrepreneur.
Okowa described the late patriarch of the Ibru family as an epitome of integrity in business.
The statement partly read, “On behalf of my family, the Government and people of Delta State, I extend my sincere condolences to the entire Ibru dynasty of Agbarha-Otor, the Urhobo nation and Nigerians on the passage of the beloved, urbane, cerebral and quintessential businessman and industrialist whose contributions to the growth of commerce and industry in Nigeria remains indelible. Read more