Business mogul and chairman of the Ibru Organisation, Olorogun Oskar Ibru, has died at the age of 67. His family confirmed the news on Wednesday, stating that he passed away after a brief illness. Further details about his death have not yet been disclosed.
Oskar Ibru was a major figure in Nigeria’s business world. As one of the heirs of the Ibru dynasty, he helped sustain and grow the family conglomerate founded by his late father, Olorogun Michael Ibru. The group expanded into shipping, oil and gas, real estate, commerce, and other ventures, earning a place as one of Nigeria’s most respected business empires.
Born on August 11, 1958, Oskar Ibru attended Igbobi College in Lagos before furthering his education in the United States. He studied at Skidmore College and later earned a master’s degree from Atlanta University’s Graduate School of Business. After returning to Nigeria in the 1980s, he rose through various positions within the Ibru Organisation and eventually became its leader.
Beyond business, Ibru was known for supporting the arts and philanthropy. He funded causes in education, healthcare, and community development, leaving a mark as both an industrialist and a social figure.
Tributes have poured in since his passing. Media entrepreneur Dele Momodu described him as “a friendly gentleman and socialite per excellence.” Delta State Governor Sheriff Oborevwori called his death “a monumental loss to the Urhobo nation.” Senator Ovie Omo-Agege also mourned him, describing Ibru as approachable and generous.
His death follows that of his father, Olorogun Michael Ibru, in 2016, marking another painful moment for the Ibru dynasty. Funeral arrangements will be announced by the family in the coming days.
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