Bukka Hut speaks on death of co-owner Laolu Martins

Bukka-Hut co-owner Laolu Martins

Bukka Hut restaurant has expressed sorrow over the death of one of its directors and co-owners Laolu Martins.

Mr Martins died on Tuesday evening, according to his family.

The cause of death was not stated although reports allege Martins took his life.

Reacting to his death, the managing director and chief executive officer of Bukka Hut, Rasheed Jaiyeola, said in a statement posted to Twitter on Wednesday that Martins was a strong pillar to the business.

“With a heavy heart we regret to announce the demise of one of our directors and co-owners — Mr Olaolu Martins who was until his death, a key contributor and strong pillar to our business from inception to date.

“Our thoughts and prayers are with his family and loved ones. May his dear soul rest in perfect peace,” the statement said.

The bereaved family has also spoken on the incident.

Martins, who began his career with PricewaterhouseCoopers in 1999, had over 21 years of experience in investment banking, corporate banking, stockbroking, asset management, and pension fund management.

He joined Investment Banking and Trust Company Plc, now Stanbic IBTC Bank Plc, where he served in the financial control and trade finance/foreign operations units of the bank before being seconded to Stanbic IBTC Asset Management Ltd where at various times he was financial controller, head asset management and lastly head stockbroking.

He later resigned in 2005 to join Shell Nig. CPFA Ltd, the fund manager of the Shell Companies in Nigeria Pensions Scheme where he was head of investments up till 2008 when he resigned to join Nigeria International Security Limited, NISL, an independent financial services firm specialising in investments within the Nigerian space.