Apart
from his jaw-dropping net worth, spanning into Billions of Dollars;
cruising on the most expensive custom-made automobile laced with an
unmatched affluence; listed as Forbes most richest King in Nigeria and
second in Africa; Oba Fredrick Akinrutan Obateru, the Olugbo of Ugbo Land, Ondo
State, is still humility personified and a lover of his creator.
Despite all he has achieved in life, He never ceased to pray fervently
to his creator; this we gathered led to his astronomic rise in all his
endeavours.
Blessed with an humane and meek nature, Oba
Fredrick never looks down at his subjects. Those close to him, can
attest to the fact that; his love for progress, philanthropic deeds and
excellence is immeasurable. The Chairman of Obat Oil, one of Nigeria’s indigenous Up and downstream Oil conglomerate, sees wealth as God given and must be used for the upliftment of humanity. This led to why he threw his palace door wide open to his subjects.
The
wealthy flamboyant monarch is currently experiencing the proverbial 7th
heaven, archetypal of a woman, who just got delivered of a baby; Olugbo will be throwing a big 9th coronation anniversary carnival-like soiree on the 9th and 10th of November at his Ugbo palace.
A
source close to the palace told CITYSPY that; ”Olugbo will spare
no cost in celebrating one of the most memorable day in his life. The
town is going to roll out drums in celebration mood. Under Olugbo’s
watch, we have witness tremendous growth in all aspect. We are happy to
share in his pot full of Joy. The anniversary will be a glamorous 2
days, with series of events mapped out to help portray the rich culture
of Ugbo people”.