Ibadan Business Mogul, Bode Akindele Is Dead
The Parakoyi of Ibadan land and the Chairman of Madandola Group, Chief Bode Akindele has journeyed to the last of the spirits.
Akindele, who was a successful entrepreneur and philanthropist, died in his Apapa, Lagos home today at the age of 88, according to a reliable source.
Born on June 2,1932, his father, Pa Joshua Laniyan Akindele, was a Chief Tax Clerk for the entire defunct Western Region, a position that can be equated to that of the Chairman of the Inland Revenue today.
Chief Akindele’s business empire operates under the name Modandola Group Of Companies, named after his mother, which translates to ‘God, if you give me the wealth, give me a child that can take care of it.’
Madandola Group spans from maritime to properties, manufacturing, real estates, investments, finance and flour milling with its headquarters in the United Kingdom.
The Fairgate Group, (a company owned by Chief Akindele, located on Bond Street, London, England), deals mainly in properties.
Among the subsidiaries of the Madandola Group Standard Breweries, Ibadan, Diamond Foods Ltd, Ibadan, United Beverages Ltd, Ibadan, Associated Match Industry, Ibadan, merged with Ilorin, Port-Harcourt and Lagos to form a company with a large share of the Nigerian market and Standard Flour Mills in Lagos.