Gbadamosi, ex-chairman PPPRA, dies at 72

Former Chairman of Petroleum Products Prices Regulatory Agency (PPPRA), Chief Rasheed Gbadamosi, has died at age of 72. A foremost industrialist finally died after a long battle with stroke.

Lagos State Commissioner for Information & Strategy, Mr. Steve Ayorinde, announced his passage on his twitter handle @stevoree shortly after he passed on.

In his message, the commissioner said the state government mourned the passing of a leading industrialist, art patron, former minister and Co-Chairman of Lagos@50, Rasheed Gbadamosi, who died at 72.

“Gbadamosi will be remembered for being a true Lagosian, a nationalist and art aficionado. His remains will be interred at 2pm tomorrow,” the commissioner said.

Gbadamosi had been suffering from multiple strokes since last year and had recently gone abroad for medical treatment.

Gbadamosi, former chairman, Bank of Industry, and one-time Director, National Sports Lottery Plc, was named co-chairman of Lagos @50 Planning Committee and long with Nobel Laureate, Prof. Wole Soyinka by Governor Akinwunmi Ambode last year.

Gbadamosi was a former chairman of PPPRA and a one-time minister. He was an economist, playwright, industrialist and former minister.