Connect with us

NEWS

Nigerian billionaire and Edo state richest man Captain Hosa Okunbo dies of pancreatic cancer in UK

Published

on

Billionaire business magnate, investor, philanthropist and trained commercial pilot, Captain Hosa Okunbo has died.

Captain Hosa who has been described as one of the wealthiest men from Edo state died last night August 7th at a hospital in London after a year long battle with Pancreatic cancer. He was 63 years old.

He moved to London in August 2020 to receive treatment for his ailment where he was told he had less than 9 months to live. He died 12 months later.

The Edo-born late businessman, politician and philanthropist was chairman of Ocean Marine Solutions (OMS).

Okunbo is the Founder and Chairman of the following Nigerian companies: CMES-OMS Petroleum Development Company (CPDC), which, in September 2019, signed “$875.75m alternative financing deal for the Nigerian Petroleum Development Company (NPDC) operated OML 65”,

The Wells Carlton Hotel and Apartments, Abuja,

Wells San-Carlos Agro Farms Ltd., which, in March 2016, unveiled a $750 million, 9,000-hectare (22,000-acre) farm intended to “create 85,000 jobs in Edo State”.

Ocean Marine Security Ltd, Westminster Security Solutions Nigeria Ltd, a franchise of Westminster Group Plc UK, of which he is major shareholder. and Wells Group of companies, which include Wells Dredging Ltd., Wells Property Development Company Ltd., and Wells Entertainments Ltd. – through which Okunbo financed the movie Black November.

Captain Hosa is survived by wife, Nosa Okunbo, and children