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Home General Information

Meet the Real Owner of Baba Ijebu

ehimare ewaleifoh by ehimare ewaleifoh
January 29, 2023
in Featured, General Information, Headline, Sports
Reading Time: 3 mins read
Meet the Real Owner of Baba Ijebu
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The Real Owner of Baba Ijebu has recently been exposed.

The Premier Lotto Limited, also known as Baba Ijebu, supplies the majority of Nigerian lottery services and betting. It was established in 2001 as the first known operator of Nigerian lotteries. The gaming platform is one of the most well-known lotto and betting services in the country, particularly in the west. Furthermore, there have been numerous inquiries about Baba Ijebu’s ownership.

As a result, serious questions about who owns the provider of betting services have been raised. To put this matter to rest, we have provided a thorough explanation of who the owner of Baba Ijebu is. Continue reading to learn more.

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WHO IS THE OWNER OF BABA IJEBU?

The owner of Baba Ijebu is Sir Kessington Adebutu.

 

owner of baba ijebu
Sir Kessington Adebutu (The owner of Baba Ijebu)

Sir Kessington Adebutu, a billionaire and owner of Premier Lotto, a multi-million Naira betting company (Baba Ijebu). On January 24, 1935, he was born in Iperu Remo, an area of Ogun’s Ikenne Local Government. Premier Lotto Limited, also known as Baba Ijebu, is a Nigerian gaming company that offers lotto services as well as betting on major sporting events. It was established in 2001 and is the first known Nigerian lottery game operator.

Adebutu began working as a salesperson for a pharmaceutical company after completing his secondary education in 1955. He rose through the ranks of the company to become Sales Manager for the then-Los Angeles and Western region, which included the modern-day states of Ogun, Oyo, Ekiti, Osun, and Ondo.

 

He left his job in 1963 to start his own small business. Adebutu worked for Classic Chemical Limited, a pharmaceutical company that manufactured products such as Andrew’s Liver Salt and Cafenol. He began as a salesperson and eventually rose to the position of Sales Manager for Lagos and the Western Region. The now-billionaire discovered a book that stated that no matter what job you had, you must quit or be fired. It went on to say that when you quit your own small business, you leave it to yourself.

Adebutu made the decision to open a business in an unusual location. He looked for a business that needed little to no capital because he didn’t have any. He eventually decided he wanted to be a pools agent. As a result, Baba Ijebu was founded, and it is currently regarded as one of the nation’s premier lotto and betting services.

Chief Kesington Adebukunola Adebutu is a self-made man. Although he did not have a silver spoon in his mouth at birth, he crafted one for himself when he decided to take his instincts more seriously. While growing up as a Youngman, he discovered after reading a book How To Be Your Own Boss that the easiest route to wealth creation was to run your own business. This proposition set his imagination on fire.

His dilemma however, was how to set up a business without any capital. Looking through an array of strategic possibilities, he opted for the pools business as a Commissioned Agent because all he needed here as capital was just a small contact office where his clients could collect and return their pools coupons. To achieve his dream, he hired a shop at 8, Bale Street, Alakara, Idi-oro and started making contacts with his old friends to patronize his new business.

MORE ABOUT BABA IJEBU

Here’s another accomplishment for wealthy philanthropist Sir Kessington Adebutu. He goes by the names Chief Kessington Adebukunola Adebutu and is the Chairman of Premier Lotto. He is also infamously known as Baba Ijebu. Baba Ijebu has made a commitment to addressing the multiple issues that exist in the educational institutions around the country. He is known to be the largest individual donor to the University of Lagos, which is a focus of his charitable activity.

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