BREAKING: Rasheed Gbadamosi dies at 72

Posted by African Examiner Featured, Latest Headlines, News Wednesday, November 16th, 2016

By Ayo Balogun

LAAGOS, NIGERIA (AFRICAN EXAMINER) – Prominent industrialist, economist and Co-Chairman, Lagos @50 Planning Committee, Chief Rasheed Gbadamosi has died at the age of 72.

Lagos State Commissioner for Information and Strategy, Steve Ayorinde announced Gbadamosi’s death Wednesday night on his twitter handle @stevoree.

Ayorinde said the Lagos State Government mourned the passing of a leading industrialist, art patron, former Minister and Co-Chairman of Lagos@50, Chief Rasheed Gbadamosi, 72.

“Chief Gbadamosi will be remembered for being a true Lagosian, a nationalist and art aficionado. His remains will be interred at 2pm tomorrow,” he said.

Chief Press Secretary to the Lagos State Governor, Habib Aruna also confirmed Gbadamosi’s demise, indicating he died in Nigeria.

He was former Chairman, Bank of Industry and one-time Director, National Sports Lottery Plc; was named co-chairman of Lagos @50 Planning Committee along with Nobel Laureate, Prof. Wole Soyinka by Governor Akinwunmi Ambode last year.

Gbadamosi was a former Chairman, Petroleum Products Prices Regulatory Agency, PPPRA and a one-time Minister.

Gbadamosi, economist, industrialist and former minister was an accomplished man. A scion of a successful industrialist, Gadamosi had wanted to be a doctor, but his persuasive father chose economic discipline for him for the purpose of continuity of the old man’s company.