In Nigeria’s business circuit today, few people are aware that the Dublin, Republic of Ireland-trained Analytical Chemist and scion of the Kessington Adebutu dynasty, Oladipupo Adebutu, is the Chief Executive Officer of JB Farms, one of the largest pig farms in the entire country, with about 10,000 heads of pigs. Not only that, Oladipupo Adebutu, for about twenty years, had his eyes on processing most of his farm produce, thereby saving Nigeria a huge sum of foreign exchange on imported processed meat products like hams and sausages. His processing machine, which he plans to feed with over 10,000 pigs for continuous supplies, is due in Nigeria anytime in 2016. Also attached to this investment is the Kessington Agro-Allied Limited, which he also founded, and is into the production of livestock feeds and other services.
As an Executive Director of Premier Lotto, one of the biggest corporate investments in Nigeria, Ladi Adebutu equally runs over 3,000 personal terminals of the company’s services, sits on top of a multi-billion naira tourism and real estate investment, Lado Tourism and Real Estate, which has been described as mouthwatering in terms of risks and potential return on investment. His 300-room hotel and golf resort, under construction, sits on a large expanse of land covering about 425 acres of land, stretching across two towns and two local government areas in Ogun State.
Today, this Ijebu-born politician and currently a member of the Federal House of Representatives (representing the Remo Federal Constituency) sits as one of the oldest and highest ranking lawmakers, having first won his seat in 1992 at the age of 30, under the then Social Democratic Party, a status which earned him the enviable Chairmanship of the House Committee on Rural Development. This is no mean feat, as Lado (as he is popularly called by his admirers and political associates) was elected on the platform of an opposition party, the Peoples Democratic Party.
Oladipupo Adebutu was recently conferred with the chieftaincy title of Otunba Nawo Ola of Odogbolu town in the Ijebu area of Ogun State and still finds ample time to attend to his various businesses spread across different parts of Nigeria.