Dele Momodu debunks rumour of Adenuga’s death

GistReel

Chieftain of the Peoples Democratic Party (PDP), Dele Momodu, has debunked rumours making rounds that Nigerian billionaire businessman, Mike Adenuga, is dead.

The rumours had made rounds online that 71 year old Adenuga, who is the fifth-richest person in Africa according to Forbes, and is also the founder of Globacom, Nigeria’s second-largest telecom operator with operations in Ghana and Benin Republic, has passed away.

However, in a statement on Tuesday night, Momodu assured the public that the business mogul is alive and well.

He disclosed that he had a phone conversation with Adenuga, who confirmed he remains an active contributor to Nigeria’s economy.

He maintained that there is no cause for alarm as the septuagenarian is doing amazingly well, adding that Adenuga sends his appreciation for the concerns from Nigerians.

He stated, “Ignore the fake news… The Spirit of Africa DR MICHAEL ADENIYI AGBOLADE ISOLA ADENUGA is hale and hearty. He’s right now at his desk working round the clock in support of the Nigerian economy… He just called me to thank everyone for their concern.”

Adenuga is the chairman of conoil, an oil exploration firm, and received a drilling license and in 1991, after which his Consolidated Oil struck oil in the shallow waters of Southwestern Ondo State, making him the first indigenous oil company to do so in commercial quantity.