Olootu Abel Ogooluwa Bankole, a distinguished businessman, industrialist, and philanthropist, has passed away. He was the founder of Premier Paints PLC, the first indigenous paints manufacturing company to be listed on the Nigeria Stock Exchange. His contributions to Nigeria’s industrial sector and his commitment to education have left an indelible mark on the nation.
His death was announced by the family.
Born on November 1, 1948, in Ibogun Akiode village, Ogun State, Bankole was a trailblazer in the business world. His entrepreneurial spirit led to the establishment of Premier Paints PLC, which became a symbol of indigenous innovation and excellence in Nigeria’s manufacturing industry.
Bankole was also deeply passionate about education. In 1994, alongside his wife, Dr. (Mrs.) Anuouo Bankole founded Mercyland International Schools, an institution dedicated to providing quality education and nurturing future leaders. His dedication to empowering young minds through education earned him widespread admiration.
A respected member of several professional organizations and societies, Bankole received numerous awards in recognition of his contributions to industry, education, and community development. His legacy as a frontline industrialist in Ogun State and beyond will continue to inspire generations.
The passing of Olootu Abel Ogooluwa Bankole marks the end of an era, but his impact on Nigeria’s industrial and educational landscape will endure. Further details regarding his burial arrangements will be communicated by the family in due course.
