Bolu Akin-Olugbade, a wealthy businessman and Rolls-Royce collector from Nigeria passed away at the age of 64 on Wednesday at the Ikeja Isolation Centre in Lagos, Nigeria. He was known for having the largest garage of Rolls-Royce cars in Nigeria and was the first person in the country to own and drive the customised Rolls-Royce Cullinan SUV he purchased from Coscharis Motors, His customised Tuscan Sun coloured Cullinan was used by Coscharis Motors to launch the bespoke SUV into Nigeria market.
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Until his death, Akin-Olugbade had over 10 Rolls-Royce cars that were fitted with his customised plate numbers “BOLU 1, 2, 3, 4, 5, 6…” At his service of songs, his Phantom VII sedan and the Cullinan SUV with customized plate numbers ‘BOLU 9” and ‘BOLU 10” were displayed to celebrate the late trained lawyer and Rolls-Royce Collector. The two Rolls-Royces on display include his Phantom VII sedan and the Cullinan SUV. The two cars wore customized plate numbers- ‘BOLU 9” and ‘BOLU 10”.
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Bolu Akin-Olugbade was born on April 2, 1956, to the family of the late Babatunde Akin-Olugbade, Balogun of Owu, who was also a wealthy businessman with a strong affinity for Rolls-Royce cars. Bolu Akin-Olugbade held the traditional title of the aare Ona-kankanfo of the Owu kingdom.
He attended Corona School and King’s College, Lagos, and went on to study Law at London University. He later obtained his master’s degree in law at the University of California and his doctorate degree in company law at Cambridge University. Bolu Akin-Olugbade’s business interests spanned property development, construction, manufacturing, logistics, distribution, maritime and offshore services, and investment banking.
According to what he told ThisDay newspaper in 2018, Akin-Olugbade, who had been pictured many times posing with British-made ultra-luxury cars, said: “I have different concepts of how I spend money.
“I spend money on cars because I have always loved cars. On his first Rolls-Royce, he said: “I bought my first Rolls Royce in 1984 and now, I am on my ninth Rolls-Royce. I believe in dressing well and I travel a lot.”
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