Age, Biography and Wiki

Segun Adebutu (Olusegun Oladiran Adebutu) was born on 4 May, 1974 in Niger, is a businessman. Discover Segun Adebutu's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 49 years old?

Popular As Olusegun Oladiran Adebutu
Occupation Businessman, philanthropist and economist
Age 50 years old
Zodiac Sign Taurus
Born 4 May, 1974
Birthday 4 May
Birthplace N/A
Nationality Niger

We recommend you to check the complete list of Famous People born on 4 May. He is a member of famous businessman with the age 50 years old group.

Segun Adebutu Height, Weight & Measurements

At 50 years old, Segun Adebutu height not available right now. We will update Segun Adebutu's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Not Available
Wife Not Available
Sibling Not Available
Children Not Available

Segun Adebutu Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is Segun Adebutu worth at the age of 50 years old? Segun Adebutu’s income source is mostly from being a successful businessman. He is from Niger. We have estimated Segun Adebutu's net worth , money, salary, income, and assets.

Net Worth in 2023 $1 Million - $5 Million
Salary in 2023 Under Review
Net Worth in 2022 Pending
Salary in 2022 Under Review
House Not Available
Cars Not Available
Source of Income businessman

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Timeline

2020

Adebutu founded a record company called Baseline Records, signing Nigerian musicians Skales and Saeon. In 2020, his radio station, Baseline FM, started test-running in Lagos.

Multiple officials at the lottery commission accused Mr. Kashamu of triggering the investigation because he wanted to dominate a section of the betting business in Nigeria. Following the petition Economic and Financial Crimes Commission (EFCC) started investigating Segun's father's Premier Lotto for tax fraud. Segun Adebutu attended the questioning on his father's company behalf on 28 January 2020. Tony Orilade, chief spokesperson for the EFCC, did not immediately return a request seeking comments on the details of the investigation.

2018

Back then, it had the capacity to turnover 600 million litres of petroleum products every month, enabling products to be stored and distributed effectively and more efficiently, for better services and higher turnover. At the time of launch, it was expected that the tank farm project would be the largest product storage tank farm in sub-Saharam Africa and would create over 10,000 jobs. The company received its first cargo in Q2 of 2018.

After the conclusion of the first phase of the Mega Oil City, the result was an infrastructure that covers 101 square kilometres, making it Africa's largest petroleum products hub, approximately 10% of the size of Lagos State. The first phase of the project was the Ibefun tank farm in 2018, a US$426 million petroleum products storage facility with a 300-million-litre capacity, making it the largest and first of its kind in sub-Saharan Africa. The City also boasts 30 loading gantries and a 4000-truck capacity trailer park. It also reduced gridlock at the Apapa seaports by 60%.

2016

In 2014, Adebutu founded Oladiran Olusegun Adebutu (OOA) Foundation, a non-profit and non-political organisation, established and registered with CAC in the year 2014 and based in South West, Nigeria. Since 2014, OOA Foundation has been involved in philanthropic initiatives ranging from educational support, health support, nutritional support, psychosocial support, recreational support, shelter and provision of clean water. It was formally launched on Saturday, 22 October 2016 at Abeokuta, Ogun State, South West Nigeria.

2010

Back then, Segun Adebutu found the ideal place to set up an S&D facility in Ibafo, which is on the border between Ogun and Lagos. After setting the foundation, he started real estate acquisition in 2010 and block construction in 2013, until December 2017, when Segun Adebutu came under the spotlight when he drew massive attention, including from Nigerian Vice President, Prof Yemi Osibanjo, following the announcement of his construction of Sub-Saharan Africa's largest tank farm as a part of his Mega Oil City project in Nigeria. The tank farm is a 300-million litre storage facility with 20 storage tanks.

2007

In 2007, Segun Adebutu founded Petrolex Oil & Gas Limited, as a part of Petrolex Group. For ten years, Adebutu quietly and organically nurtured his energy firm, Petrolex Oil & Gas Limited, into a key player in a volatile sector.

2004

Segun Adebutu is born to the family of Kesington Adebukunola Adebutu, founder and chairman of Premier Lotto Nigeria Limited, who hails from Iperu Remo, Ikenne Local Government, and Caroline Oladunni, from Odogbolu, both in Ogun State, South West Nigeria. Segun Adebutu, graduated in Economics at the University of Ibadan, and started trading in oil and gas in 2004.

After starting with oil and gas trading in 2004, Segun Adebutu's ventures grew from small business into a world-class conglomerate with interests in shipping, mining, construction, infrastructure, real estate, telecommunications, and entertainment.