The business man had recently been kidnapped in the state.
After a harrowing bout in the hands of kidnappers, a billionaire, Segun Oyebolu, closed down all his businesses in Ijebu-Ode town of Ogun State and made arrangements to relocate abroad.
Mr. Oyebolu was recently kidnapped and held captive for four days. He had to part with a huge sum of money to regain his freedom.
The money-bag, a non-indigene of Ijebu-Ode, has chains of business within the town including hotels. He also has a foundation that caters for the elderly.
His companies have over a hundred staff on its payroll and his businesses are known to be successful enterprises.
But following the rising insecurity in the town, and his recent ordeal at the hands of kidnappers, Mr. Oyebolu contacted his lawyers to close his businesses and effect the sale of the buildings including his palatial residence.
“The huge building and my personal residence in the town are up for sale already and I have briefed my lawyers to put them on the market and bring me offers” Mr. Oyebolu said.
“I have closed down my operational office at Erinlu, Ijebu-Ode. I similarly called and dismissed all my staff at the Feed the Elderly Foundation in Ijebu-Ode” he added.
Mr. Oyebolu described the level of insecurity in the state as worrisome. He said his mission in the town was to empower people and bring smiles to homes, but with the attack on his life, he will rather leave town.
Mr. Oyebolu’s friends and indigenes of Ijebu-Ode are trying frantically to pacify and encourage him to rescind his decision.
Ogun, a kidnap capital of South West
Last week, another businessman in the town, Safiriyu Araba, popularly called Aranse Oluwa, was kidnapped and is yet to gain freedom from his captors.
Mr. Araba has now joined the retinue of victims who have been kidnapped in the state, which is gradually becoming a kidnap capital in the South West region of the country.
Among the victims was the mother of a member of the House of Representatives, and Vice Chairman House Committee on Internal Security, Abudu Balogun. The elderly Obedatu Abudu spent four days with her captors before she was released late October. The abductors are yet to be found.
Families of the kidnapped victims end up paying huge sums of money as ransom before the victims are released. Many would not disclose how much they paid.
In some instances, people kidnapped from outside the state her brought to Ogun for safe keeping. Such was the case of the wife of the Speaker of the Osun State House of Assembly who was freed in Ogun, and her captors arrested, after being kidnapped in Osun.