Banji Alabi Pays Glowing Tribute to Olu of Ifoland, Oba Olumide Osunsina, on Presentation of Staff of Office
Banji Alabi Pays Glowing Tribute to Olu of Ifoland, Oba Olumide Osunsina, on Presentation of Staff of Office

In a heartfelt royal tribute marking the presentation of the Staff of Office to His Royal Majesty, Oba Olumide Atanda Osunsina, Osomekun I, the Olu of Ifoland, renowned legal practitioner, Banji Alabi, has celebrated the monarch’s emergence as a defining moment in the history of Ifo Kingdom.

Describing him as a visionary leader whose wealth of experience, integrity and accomplishments in the real estate industry position him to lead the kingdom towards greater development.
In the tribute issued to our heritage Reporter online on Friday, November 13, 2026, to coincide with the presentation of the Staff of Office by Ogun State Governor, Prince Dapo Abiodun, CON, Alabi praised the monarch’s journey from a successful real estate entrepreneur to a traditional ruler, expressing confidence that his leadership would strengthen cultural heritage, promote unity and inspire socio-economic progress across Ifoland.
Full statement reads:
A ROYAL TRIBUTE TO HIS ROYAL MAJESTY
OBA OLUMIDE ATANDA OSUNSINA
OSOMEKUN I, OLU OF IFOLAND
On the Occasion of the Presentation of His Staff of Office
By His Excellency, Prince Dapo Abiodun, CON, Executive Governor of Ogun State
Friday, 13th November, 2026
Kabiyesi o
Ifo a gbe Oba titun : Ifo a gbe Oba rere
Today, Ifo stands taller -The ancient stool is graced once again as His Royal Majesty, Oba Olumide Atanda Osunsina, Osomekun I, ascends the throne of his forebears
Formerly known and celebrated as Otunba Olumide Osunsina, his journey to the throne carries the weight of vision, service, and excellence- A name long respected in Lagos, Ibadan, Abeokuta, Abuja, the United Kingdom and beyond, Otunba Osunsina built his reputation as one of the foremost real estate developers of our generation — transforming skylines, creating homes, and laying foundations not just in concrete and steel, but in communities and dreams
Now, as Oba, he brings that same builder’s spirit to his kingdom The man who spent years shaping cities now takes on the sacred task of shaping destinies –
The developer who understood the value of solid foundations now guards the foundation of culture, tradition, and unity for the people of Ifo
He ascends not just with a crown, but with a legacy of enterprise, integrity, and commitment to progress
THE KING THE STOOL WAITED FOR
Kabiyesi did not struggle for this stool -The stool searched for him
After the glorious reign of our beloved late father, Oba Samuel Atanda Oladipo Ayerowunwi (2005 – 2025), the kingmakers, the elders, the people of Ifo, and the Ogun State Government spoke with one voice In a transparent and historic screening at the Ifo Local Government Secretariat, Otunba Olumide Osunsina was unanimously elected as the next Olu of Ifoland
Unanimously Without rancour Without division
That is not politics That is destiny
He becomes the Third Olu of Ifoland — after Oba Gabriel Olu-Omo of Egba Gbagura, and Oba Samuel Ayerowunwi of Egba Oke-Ona
Now, from the Egba Ake ruling section, God has given us a King with a heart big enough for all of Nigeria
THE BUILDER WHO BECAME A KING
Long before he wore the crown, Kabiyesi was already building kingdoms
Kabiyesi was , educated at the famous Barewa College, Zaria and Abeokuta Grammar School, trained in Building Technology at Ahmadu Bello University, Zaria, with a Distinction in Business Administration from the University of Lagos, an MBA from Abubakar Tafawa Balewa University, Bauchi, and an MSc in Real Estate from the University of Reading, UK — Kabiyesi is a king who came prepared
In 1992, he founded Megamound Investment Limited, and since 2000, as its Managing Director/CEO, he has nurtured it into a multi-billion Naira diversified institution with interests in Lagos, Ibadan, Abeokuta, Abuja and London
He did not just build houses He built cities
Carlton Gate Estate, Lekki Carlton Gate Estate, Akobo, Ibadan Carlton Gate Estate, Abeokuta Lekki County Homes County Apartments The KING Smart City — one of the proposed Artificial Islands in the Lekki Master Plan And through Supreme Core Developments UK Ltd in London, he carried the Nigerian dream to the United Kingdom and brought British standards back home
When others were afraid to invest in Ibadan, Kabiyesi went there and opened the eyes of Nigeria to its potentials When others said affordable luxury was impossible, he built 120 units of affordable luxury homes and proved that a working-class family could climb the property ladder
He was the first developer to sell townhouses for ₦10 million — houses that today sell for between N200M to ₦350 million, giving ordinary buyers bumper harvest appreciation – That is not just business That is empowerment
In doing so, he raised the bar in real estate development in Nigeria – He introduced professionalism, innovation, quality, safety, and integrity to an industry that desperately needed it — And in the process, he provided employment — directly and indirectly — for thousands, indeed millions of Nigerians — artisans, engineers, Lawyers, surveyors, architects, builders, drivers, security men, market women, young graduates who found their first jobs in Megamound
For this, the nation honoured him long ago: Agbaakin Bashorun of Ibadanland by the Olubadan, Asoju Oba of Ifoland, Asiwaju Bobagunwa of Egbaland, Bobaselu of Itireland, Otunba Loro of Ajiranland, and Head of the Real Estate Sector of the Lagos Chamber of Commerce and Industry
Today, all those titles have bowed to one greater title: KABIYESI
A KING OF COURAGE, PRINCIPLE AND FRIENDSHIP
Those of us who know Otunba Olumide personally know the man behind the empire:
A man of courage — who takes risks others fear, who stands when others run, who builds when others complain
A man of innovation — who is never satisfied with yesterday’s success, who is always asking, “What is next? What can we do better?”
A man of loyalty to principles — who does not bend with the wind, who keeps his word, who treats the poor and the powerful with the same dignity
A man of professionalism — who believes that if a thing is worth doing, it is worth doing excellently
A man of true friendship — who remembers his friends in good times and in bad, who lifts others as he rises, who never forgets where he came from
Kabiyesi, Ifoland has not just gained a King Nigeria has gained a Royal Father who will rule with wisdom, with vision, and with a builder’s heart
We celebrate a king who is both a custodian of heritage and a driver of modern progress — A monarch whose life already speaks of vision, and whose reign we pray will write new chapters of glory for Ifo , the Yoruba race and Nigeria as a whole
TO OUR QUEEN, OLORI DESIRE
Behind every great King is a great Queen
Permit me to specially celebrate Her Royal Majesty, Olori Desire Osunsina — our beautiful, gracious, and industrious Queen
From the boardroom to the palace, Olori Desire has stood beside Kabiyesi as his wife, his partner, his strength, and his Executive Director at Megamound Properties Development Company
Together, they are not just husband and wife — they are a team, a vision, a real estate dynasty built on love, hard work, and mutual respect
Our Queen, you are the mother of the palace — You are the beauty of the throne —- You are the calm in the storm —- May your reign as Olori be long, peaceful, fruitful, and glorious
May God grant you wisdom like Queen Esther, grace like Queen of Sheba, and joy that never fades
We love you, Olori
TO THE ROYAL CHILDREN
To the lovely Princes and Princesses of Ifoland, we celebrate you today
In accordance with Yoruba culture, which forbids parading all the children of the King before the public, we shall mention only one to represent all — Princess Olamide, who stands as the worthy representative of all the Princes and Princesses of this great royal house
Princess Olamide, you were raised in honour, and today honour has come to your house
To all the Princes and Princesses, seen and unseen, mentioned and unmentioned — you are the pride of your father, May you grow in wisdom
May you carry your father’s legacy with dignity
May your own children one day say, “Our grandfather was a King, and our father was a Kingmaker of destinies”
The Crown has come to your family to stay
MY APOLOGY — I SHOULD HAVE BEEN THERE
Kabiyesi, permit me to say this with a heavy heart:
I am deeply sorry that I am not physically present in Ifo today
I am currently out of town, and the invitation to this historic occasion reached me so very late — Had I received it in time, nothing on earth would have stopped me from being there — to kneel before you, to prostrate before the throne, to join the drummers, to dance with the people of Ifo
My body is far away, but my spirit is in Ifo today, My heart is on that ground , My prayers are with you at every minute of this ceremony
Please accept this tribute as my presence, Please accept my absence as a matter of distance and timing,
MY PLEDGE OF LOYALTY
Kabiyesi, today, before God and before all men, I pledge:
I, Banji Alabi Esq, pledge my loyalty to you and to the throne of Ifoland
My wife, Omolola Alabi, pledges her loyalty to you and to Olori Desire
My children pledge their loyalty to your Princes and Princesses
We are your subjects We are your sons and daughters We are your family – We are ONE
Wherever you call, we will answer
Whatever the kingdom needs, we will give
Whatever battle you fight for Ifoland, we will fight side by side with you from the front line
We will not be fair-weather loyalists
We will be with you in sunshine and in rain, in celebration and in challenge
MY CHARGE TO KABIYESI
Kabiyesi, permit your son to speak to you as a King speaks to a King
You have built estates Now, build men
You have built cities Now, build a kingdom
You have built houses Now, build hope
Let your track record continue to be that of justice and fair play to all manners of people — strong or weak
Let the rich not buy what the poor cannot get
Let the powerful not silence the voiceless
Let the palace be a place where the widow, the orphan, the farmer, the trader, and the stranger all find the same justice
Let no one in Ifoland say, “I was too small for Kabiyesi to see me”
Let everyone say, “Kabiyesi saw me Kabiyesi heard me Kabiyesi stood for me”
For Kabiyesi, true royalty is not in the gold on the crown True royalty is in the tears you wipe away
Your reward is in seeing smiles on the faces of the less privileged — the overwhelming majority of our people
When the market woman smiles because you gave her a stall, that is your reward
When the child smiles because you gave him a school, that is your reward
When the youth smiles because you gave him a job, that is your reward
When the old man smiles because you gave him dignity, that is your reward
Rule with justice, Kabiyesi
Rule with mercy
Rule with a father’s heart
If you do this, Ifoland will never forget you, History will never forget you And God will never forget you
A PRAYER FOR YOUR REIGN
May your reign be long, Kabiyesi
May your reign be peaceful
May Ifoland prosper under you as never before
May industries come to Ifo
May roads be built
May schools be raised
May youths find jobs
May the poor find hope
May you reign like Solomon in wisdom, like David in courage, like Hezekiah in faith
May Osomekun I be remembered as the King who turned Ifo into a city of gold
K’ade pe l’ori, ki bata pe l’ese
K’ase pe l’enu,
k’irukere pe l’owo
Igba Odun, Odun kan ni o, Kabiyesi
Kabiyesi o Oba alase
Long live His Royal Majesty, Oba Olumide Osunsina, the Oba of ifo
Long live Olori Desire
Long live the Princes and Princesses
Long live Ifoland
Long live Egbaland
Long live Ogun State
May your reign be long, peaceful, and filled with the blessings of heaven
With deepest respect, love, and unalloyed loyalty,
Signed: Sealed & Delivered
Banji and Omolola Alabi
Friday, 13th November, 2026
