Obat Oil’s Mother In-Law Kidnapped

Mrs Omogbene Adeborile, 65, the the mother-in-law to Oba Fredrick Obateru-Akinruntan, the Olugbo of Ugboland, has been kidnapped in Igbotako, Ondo State. Adeborile was abducted on Saturday at her residence in Igbotako, Okitipupa Local Government Area of Ondo State at about 10:00 p.m.

Adeborile who is also the wife of Chief Babatunde Adeborile, Chairman of Peoples Democratic Party, Igbotako Ward II , was carted away by at least eight gunmen.

Oba Akinruntan who was ranked the second richest monarch in Africa and first in Nigeria is believed to be worth around $300 million. He is also the founder of Obat Oil, one of Nigeria’s largest privately-held oil trading companies