Billionaire businessman, Alhaji Abdul-Azeez Arisekola-Alao, is dead.
He died on Wednesday in a London hospital after a long battle with prostate cancer. He was 69.
His death, which came as a shock to most
sympathizers, immediately threw Ibadan, the Oyo State capital into mourning.
Arisekola-Alao was born on February 14, 1945 to the families of Alhaji Abdur Raheem Olatunbosun Olaniyan Alao and Alhaja Rabiatu Olatutu Abegbe Alao.
The parents were peasant farmers who hailed from Ajia in Ona Ara Local government of Oyo State. He attended St. Lukes School, Adigun, Ibadan and later ICC Primary School, Igosun, Ibadan, due to the persistent persuasion of one school teacher, Mr. J. O.
Oladejo.
This was because he never wanted to go to a secular school. The reason for this was because of his love for Islamic education, which he had been attending with absolute dedication since he was three years old.
He completed his primary school education in 1960 and applied to further his education in the secondary school.
He applied to Christ School, Ado – Ekiti and Lagelu Grammar School, Ibadan. He defeated all-comers at Christ School and emerged third best candidate for Lagelu Grammar School.
Unfortunately the economic impoverishment of the parents created an impediment for his pursuit of an academic career.
However, whatever Arisekola lacks in formal education, he had abundantly in business: intelligence and honest pursuit of economic goals.
Arisekola’s love for education led to the establishment of “Pa Raheem Alao scholarship foundation for indigent students of tertiary institutions.”
The beneficiaries of this scholarship are paid monthly, per semester or annually.
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