Billionaire Adebutu Marks 90th Birthday With N4bn Donations
Renowned industrialist and philanthropist, Sir Kessington Adebukunola Adebutu, has announced a donation of N4bn to the three local government areas in Remo region of Ogun State.
The wealthy businessman behind Premier Lotto made the announcement on Friday, October 17, 2025 while speaking at a symposium themed “Odole Odua: Symbol of Wealth Creation and Catalyst for Sustainable Development”, put together by the Iperu Akesan Development Association to kick off the celebration of his 90th birthday.
Born in 1935, the title holder of Odole Odua, turns 90 on October 24, 2025.
A breakdown of the donation indicated the three local government areas – Sagamu, Ikenne and Remo North – will receive One Billion Naira (N1bn) each. While the remaining N1bn goes to the lotto magnate’s home town of Iperu-Remo.
Adebutu, obviously elated by gesture of the event organised in his honour, expressly disclosed the “donations are to be utilised to enhance the development of our people and communities.”
