King Sunny Ade’s
guitar was auctioned for a whopping N52.1million as the music star celebrated
his 70th birthday on Sunday.
The man who bought the
guitar was Nigerian mogul, Tunde Folawiyo, the son of late Nigerian
businessman, Wahab Folawiyo.
Tunde Folawiyo is the
managing director of the Yinka Folawiyo Group, a conglomerate with interests in
energy, agriculture, shipping, real estate and engineering.
His father, Wahab
Folawiyo, a well-known Nigerian businessman and Islamic leader, started the
group in 1957 as a commodities trading outfit and served as chairman until 2008
when he passed away.
The company’s oil
exploration firm, Yinka Folawiyo Petroleum, owns a 60% interest in an oil block
that contains the Aje offshore field.
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