Bukka Hut’s co-founder, Laolu Martins, reportedly commits suicide

Laolu Martins, the co-founder of popular Nigerian restaurant, Bukka Hut, is dead.

His company, Bukka Hut, is renowned for its tasty homemade delicacies.

The cause of death as at press time cannot be ascertained, but some media reports claimed he committed suicide in his home in the early hours of Tuesday, 3 am precise, after giving up on his alleged long-fought battle against depression.

Meanwhile, a statement by the family on Wednesday confirmed the quintessential banker with over 21 years of experience in investment banking, corporate banking, stockbroking, asset management and pension fund management, died in the evening of Tuesday, September 27, 2022.

“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 statement said.

Who is Laolu Martins?

A Chartered stockbroker and a Chartered Accountant with 12 years of experience in investment banking, corporate banking, stockbroking, asset management and pension fund management, Martins started his career with PricewaterhouseCoopers 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 would later resign 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.

Until his death, he was the CEO of NISL.

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