Segun Adebutu

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search
Segun Adebutu
Olusegun Oladiran Adebutu
EducationUniversity of Ibadan
OccupationFounder, Chairman of Petrolex Oil & Gas Ltd
Parent(s)Kesington Adebukonola Adebutu
Caroline Oladunni Adebutu

Segun Adebutu is a Nigerian businessperson with interests in oil and gas, shipping, construction, real estate, agriculture and entertainment.


Segun Adebutu is born to the family of Kesington Adebukunola Adebutu, Founder and Chairman, Premier Lotto Nigeria Limited, who hails from Iperu Remo, Ikenne Local Government, and Caroline Oladunni, from Odogbolu, both in Ogun State, South West Nigeria.[1]


Segun Adebutu is Chairman and Chief Executive Officer of Petrolex Oil & Gas Ltd, a company presently[when?] building "the second largest refinery in sub-Saharan Africa and the largest petroleum product depot in Nigeria" in Ogun State[2][3] Segun Adebutu serves as the Executive Director and member of the Board of Premier Lotto Nigeria Limited. He is the Chairman of Bluebridge Marine and Oladiran Agro-Allied Company, Oladiran Engineering & Trade Limited. He ventured into entertainment business when he founded a music record label, named Baseline Records, which signed on music artistes like: Skales, Saeon, and others.[4]


Ooni of Ife, Kessington Adebutu and Segun at the launch of OOA Foundation in Abeokuta, Ogun State

Segun Adebutu is the founder, financier and chairman of Oladiran Olusegun Adebutu (OOA) Foundation, a not-for-profit and non-political organisation, which was formally launched on Saturday, October 22, 2016 at Abeokuta, Ogun State, South West Nigeria.[5]


  1. ^ Adedayo Showemimo (1 June 2016). "Meet 'Segun Adebutu, the billionaire owner of Skales' record label, Baseline Records". TheNET.
  2. ^ "Amosun signs agreement with Petrolex on refinery in Ogun". BusinessDay. 29 September 2016.
  3. ^ Nume Ekeghe (24 October 2016). "Wema Bank, Others to Finance Refinery Construction". ThisDay.
  4. ^ "NET EXCLUSIVE: Billionaires who pump millions into entertainment". TheNET. 8 September 2014.
  5. ^ Adejoke, Adeloye. "Project of Baba Ijebu's son: VP Commissions Africa Largest Tank Farm in Ibefun". The News Nigeria. Retrieved 29 January 2019.