NIGERIA. Next Level

Page 43

Gaming Sector

Baba Ijebu’s Legacy

Hitting The Jackpot Founding father of the lotto industry, Sir Kesington Adebutu, comes from a humble background and has been a major player in laying the groundwork for a better future for Nigeria, while injecting hope through a powerful philanthropic drive.

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“Having no capital, I looked for a business that required little or no capital and what came to my mind was to be a pool agent.” Sir Kesington Adebutu

NIGERIA

Known to be one of the founding fathers of the Nigerian Lotto industry, Sir Kesington Adebutu is founder, Chairman and Chief Executive Officer of Nigeria’s lucrative and oldest Nigerian lotto game operator, Premier Lotto Ltd, popularly known by its nickname, Baba Ijebu. Long before the advent of online betting, Baba Ijebu catered to Nigeria’s gambling community with Adebutu starting his business as a pool agent in 1963. His honesty and integrity immediately won him his client’s trust and confidence, and under a year later he had already opened another two pool outlets while his business began branching out into the lotto business. Abebutu has said: “Having no capital, I looked for a business that required little or no capital and what came to my mind was to be a pool agent, because to be a pool agent, what you just need is to get a table and your pen. So, you can see it is not capital intensive. I did that briefly and within a short time with my best friend, the late Chief Solomon Adebayo Ayoku, we dominated Africa. We then diversified to other areas like agriculture, manufacturing, estate management, the lotto and entertainment. Today, I have the concession for the gateway hotels Abeokuta for 25 years.” In 2001, the Premier Lotto Ltd. was incorporated and established to carry out the Lotto business in Nigeria, building itself up over the years to become the mega-franchise that it is today, with over 200 principal agents supervising over 16,000 sub agents/sales representatives. Adebutu’s empire currently includes lotteries, betting on major events, entertainment, casinos and pools. An important aspect to Baba Ijebu’s success lies in its pioneering drive and innovative vision within the gaming industry. In order to accommodate the lotto and facilitate the ease of playing to participants, Baba Ijebu has partnered with MTN telecommunications company to provide quick and easy access to the Baba Ijebu Mobile Gaming Service. However, with agents for Nigeria’s most popular lottery all over the country, the company also prides itself with its engagement with Nigerian people, especially its youth; reducing unemployment and providing a means of living for thousands of people across the spectrum of the business value chain, from agents to lucky winners. However, Adebutu philanthropist footprint has not stopped there. In November 2013, he launched the Sir Kesington Adebukunola Adebutu Foundation (KAAF) and generously donates to churches, mosques, schools and various organisations, while establishing important state-of the-art institutions, such as the Sir Kesington Adebukunola Adebutu School of Law at the Houdegbe North American University in Benin Republic, the Medical Laboratory and Maternity Centre and the Lady Kesington Diabetic Centre at the Olabisi Onabanjo University Teaching Hospital. Adebutu’s success is not based on luck or chance; through perseverance, hard work, integrity and self-discipline, he has set the stage for Nigeria’s positive social transformation and driven its economy. In October 2019, he was conferred with the prestigious chieftancy title of Odole Oodua by the Ooni of Ife, Oba Adeyeye Eniitan Ogunwusi, Ojaja II at the Ile-Oodua, the Ooni’s palace in Ile-Ife, Osun State. An immense honour deservedly awarded due to the decisive and valuable impact Adebutu and his Baba Ijebu platform has had upon the lives of millions of Nigerians.


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Articles inside

Unstoppable Agents Of Progress And Change

10min
pages 124-128

The International Route Of Nigeria Art

5min
pages 112-113

The Story Of The Kano Dress Code

3min
pages 120-121

Ten Hidden Nigerian Gems No Visitor Should Miss

3min
pages 122-123

Taking Over The World One Thread At A Time

3min
pages 118-119

Woman Leadership In Yoruba Culture

4min
pages 108-109

Myth-busting Pidgin Languages

2min
pages 110-111

Sowing The Seeds For Sustained Growth In The Agri Sector

5min
pages 100-101

Setting The Example In The Quest For Food Security

5min
pages 104-105

Amni Petroleum’s Secret To Success

5min
pages 90-91

The New Fuel Of Choice For Nigeria’s Economic And Industrial Revolution

5min
pages 78-81

Saying Yes To Yabacon Valley

3min
pages 66-67

An Impetus For Long-Term Socio-Economic Development

5min
pages 54-55

Nigeria’s Powerhouse

4min
pages 74-75

From Broadband Provider To Solution Provider

3min
pages 62-63

The Secret To Sustainable Development

5min
pages 48-51

Twenty Years Of Democratic Rule In Nigeria

9min
pages 10-13

A Restructured Transport Sector To Advance Connectivity And Economic Growth

2min
pages 24-25

Creating A Ripple Effect Into The Economy

5min
pages 46-47

The Ace Up Nigeria’s Sleeve

3min
page 42

A History Of Africa’s Big Apple

5min
pages 14-15

Taking Nigeria To The Next Level

5min
pages 6-7

Hitting The Jackpot

3min
page 43

Seeking Creative Solutions Within The Housing Market

3min
pages 36-37
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