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Reading: Chief Stephen Bakare, Oluwalogbon motors boss’s Ikeja Property up for sale
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Chief Stephen Bakare, Oluwalogbon motors boss’s Ikeja Property up for sale

January 13, 2016 12:54 pm
The Capital
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Once upon a time, a rich, powerful billionaire became broke. Having suffered a sudden twist of fortune, he found it increasingly tedious to deal with his misfortune. Hence he decided to adjust by living his life as a piteous barter.

To survive, he had to resort to drastic measures that sullied his joy and depressed his loved ones. Living life at the other end of affluence is no joyful enterprise; to make ends meet, he paid his lawyer by making a dress for his wife. He paid his psychiatrist by making him a hat and he settled the banks by offering his wife and daughters to the auditor as comfort women.

Such penury and piteous reversal in fortune is by no means acceptable to the Nigerian billionaire. Consider the case of Stephen Bakare for instance; despite his declining fortunes, the popular billionaire dreads such fate as that of the proverbial billionaire. Thus to stay afloat, Oluwalogbon has decided to sell one of his most prized assets for undisclosed reasons.

In fact, prospective buyers have been turning up but some of them are reportedly discouraged by the staggering amount placed on it. That Nigeria is experiencing hard times in all sectors, is no longer a hot-button issue. It’s really affecting private business owners too.

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