Bukka Hut Co-Founder, Laolu Martins Reportedly Commits Suicide

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By Reporter 

One of the co-founders of Bukka Hut, a Lagos-based eatery, Laolu Martins, is dead.

The family of the deceased confirmed his death in a statement on Wednesday, September 28, 2022, that he died at the early hours of the day, but they didn’t give cause of his death.

“We hereby solicit the support and understanding of everyone as the family grieves the loss of our beloved Laolu in our privacy.

“Our kind request is that you support the family – wife, children, aged mother and father and his siblings with your prayers at this difficult time.

“Further announcements will be made by the family,” the press statement explained.

The late entrepreneur was a banker with over 21 years of experience in investment banking, corporate banking, stockbroking, asset and pension fund management.

Martins started his career with Price Waterhouse Coopers in 1999.

He joined Investment Banking & Trust Company Plc now Stanbic IBTC Bank Plc where he served in the Financial Control and Trade Finance/Foreign Operations units of the Bank before being seconded to Stanbic IBTC Asset Management Ltd, where at various times he was Financial Controller, Head Asset Management and lastly Head Stockbroking.

He later resigned in 2005 to join Shell Nig. CPFA Ltd, the Fund Manager of the Shell Companies in Nigeria Pensions Scheme where he was Head, Investments up till 2008 when he resigned to join Nigeria International Security Limited, NISL, an independent financial services firm specialising in investments within the Nigerian space.

There are however reports that Martins may have taken his life through suicide.

According to a report posted by a journalist, Eniola Daniel, on Twitter, he said that Martins committed suicide in Lekki, Lagos, at around 3am, September 28, 2022.

“Founder of Bukka Hut, commits suicide… The founder of Bhukka hospitality limited, Laolu Martins was said to have committed suicide around 3.a.m today in Lekki, Lagos. So sad.

“A friend of his and other sources claimed he committed suicide for a reason I don’t want to state here,” Eniola wrote.

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