By Felix Aikhojie
Copyright newmail-ng
Oscar Ibru, billionaire industrialist and chairman of the Ibru organisation, has died at 67.
The Ibru organisation is a multi-billion-dollar conglomerate with interests that include shipping, real estate, agriculture, aviation, port management, hospitality, banking, media, and oil and gas.
In a statement on Wednesday, Sheriff Oborevwori, governor of Delta, expressed deep sorrow over the demise of Ibru and described his passing as “a monumental loss to the Urhobo nation and Nigeria at large”.
The governor said the late Ibru’s contributions to commerce, hospitality, and social development would remain indelible.
“The late Chief Oscar Ibru, scion of the Michael Ibru dynasty, lived a life of service, industry, and philanthropy,” the statement reads.
“On behalf of the government and people of Delta State, I extend my heartfelt condolences to the Ibru family, the Urhobo nation, and indeed Nigerians on the passing of Olorogun Oscar Ibru.
“He was a remarkable son of Delta who distinguished himself in business and philanthropy, and his demise is a great loss not only to his family and the Urhobo nation but to our entire state and country.
Oscar was one of the most prominent heirs of the Ibru dynasty.
The family hailed from Ughelli North LGA of Delta.
Ibru played a crucial role in sustaining and expanding his family conglomerate founded by his late father, Olorogun Michael Ibru.
The group’s interests include shipping, oil and gas, real estate, and commerce.
Known as a visionary businessman and custodian of his family’s legacy, the late Oscar Ibru upheld the entrepreneurial spirit that made the Ibru Organisation one of Nigeria’s most recognised corporate brands.
His passing comes years after the death of the family’s patriarch, Michael Ibru, in 2016.