Mike Adenuga Dead At 71? Dele Momodu Sets The Record Straight Amid Online Frenzy

Mike Adenuga Dead At 71? Dele Momodu Sets The Record Straight Amid Online Frenzy Written By Oshiobugie John– Rumors swept across social media on Tuesday, claiming the death of Nigerian billionaire businessman and telecom magnate, Mike Adenuga, at the age of 71. The reports sent shockwaves throughout Nigeria and beyond, sparking concern among his admirers and stakeholders in the business world.

However, Dele Momodu, a prominent chieftain of the Peoples Democratic Party (PDP), has firmly debunked the rumors. In a statement shared on X (formerly Twitter), Momodu confirmed that Adenuga is alive, well, and actively involved in his business endeavors.

“Ignore the fake news… The Spirit of Africa DR MICHAEL ADENIYI AGBOLADE ISOLA ADENUGA is hale and hearty. He’s right now at his desk working round the clock in support of the Nigerian economy… He just called me to thank everyone for their concern…” Momodu wrote, reassuring the public of Adenuga’s well-being.

Mike Adenuga, widely regarded as Africa’s fifth-richest person by Forbes, is the founder of Globacom, Nigeria’s second-largest telecom operator, which also has operations in Ghana and the Benin Republic. The billionaire has been a towering figure in the African business landscape, amassing a fortune from his ventures in telecoms, oil, and real estate.

Adenuga’s journey to success is nothing short of remarkable. At just 26 years old, he made his first million in 1979 by selling lace and distributing soft drinks. Over the decades, his entrepreneurial spirit has earned him numerous accolades, including being named African Entrepreneur of the Year at the inaugural African Telecoms Awards in 2007.

In 2015, Adenuga made headlines with a $600 million bid to acquire the Ivorian mobile telecom operator Comium Côte d’Ivoire, further cementing his reputation as a bold and visionary businessman.

Despite the false reports of his demise, Adenuga remains a symbol of resilience and innovation, continuing to play a vital role in Nigeria’s economic growth.

As Dele Momodu’s update confirmed, the “Spirit of Africa” is alive and thriving, proving yet again that rumors can never overshadow the legacy of a living legend.