His death was announced on Wednesday in a statement signed by the CEO of the company, Rasheed Jaycofa.
“With heavy hearts, we regret to announce the passing of one of our directors and co-owners, Mr. Olaolu Martins who was until his death, a key contributor and a strong pillar of our business from its inception to date,” he said.
“Our thoughts and prayers go out to his family and loved ones. May his dear soul rest in perfect peace.”
Mr. Rasheed did not specify how or what led to Mr. Martin’s death.
“We hereby request the support and understanding for everyone as the family mourns the loss of our beloved Laolu in our private lives,” read another statement seen by the newspaper. para.
The deceased is survived by his wife, children, elderly mother, father and brothers and sisters.
Mr. Rasheed said further announcements will be made by the family.
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