Segun Adebutu’s Giant Strides


Segun Adebutu, a top player in the oil and gas business in Nigeria, sits atop Petrolex Oil and Gas. He has done so well for himself and has a lot to show for his efforts.

Last Tuesday, the billionaire  son of the Chairman of Premier Lotto, Adebutu Kesington,  who is known for many firsts,  scored yet another first when he opened his million-dollars tank farm in Ibefun,  Ogun State,  the first of its kind in sub-Saharan Africa’s energy landscape. It has storage capacity of 600 million litres of petroleum products every month, and will transform petroleum products storage and distribution in Nigeria by catering for about 60 per cent of in-country needs.

The event was  witnessed by  top government officials  as well as business moguls, including Vice President, Prof.  Yemi  Osibanjo, SAN,   former President Olusegun Obasanjo, Sen. Dino Melaye,  Governor Ibikunle Amosun of Ogun State and Oyo State Governor, Abiola Ajimobi, among others.

The shrewd businessman serves as the executive director and member of the board of Premier Lotto Nigeria Limited. He is the Chairman of Bluebridge Marine and Oladiran Agro-Allied Company, Oladiran Engineering & Trade Limited.

Apart from his impeccable record in oil and gas, he ventured into entertainment business when he founded a music record label, Baseline Records, which signed on music artistes like Skales, Saeon, and others.

Apart from his interest in business, he is also passionate about service to humanity. He can’t stand the sight of his fellow human being in distress or want.

Since he founded the NGO, Oladiran Olusegun Adebutu (OOA) Foundation in October 2016, he has splashed millions of naira on several indigent people in the state.

It was gathered that the NGO would reshape and implement sustainable development activities to include poverty reduction, zero hunger, increased access to healthcare, quality education and create an enabling environment for gender equality, potable water and sanitation.