Tag: Niggeria’s richest monarch


  • Obateru Akinruntan is the CEO of Obat Oil, and flamboyant monarch of Ugbo area of Ondo State. Obateru was born into a local royal family of Ilaje in Jirinwo, a town close to the Nigerian Atlantic coastline. Through the influence of his mother, Obateru had developed interest in the oil business, hawking gallons of petrol in…

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