Abel Omoruyi, the Chief Executive Officer and Chairman of Iyare Motors, has passed away. Omoruyi, who was also known as 007, died on Friday night, according to reports.
His transport company, Iyare Motors, is popularly known in Nigeria and is based in Benin, the Edo State capital.
The cause of Omoruyi’s death has not been disclosed, but there are reports online that he had been unwell for some time.
On Saturday, Mr. Igbinidu Charles Osaretin announced the businessman’s death through his Facebook page.
He wrote: “Rest in Peace Mr. Abel Omoruyi (JP), Chairman/CEO of Iyare Motors. Astute businessman, philanthropist, and community leader.
“Egba Community and millions of your admirers will surely miss you”
Omoruyi was a well-known businessman, philanthropist, and community leader who introduced one of the best ultra-modern bus transportation services in Nigeria.
He was in the news in March 2014 when his wife and daughter were kidnapped by gunmen in Benin City while on their way home from work.
The incident occurred in the Ugbor area of Benin.