The Soun of Ogbomoso in Oyo State, Oba Jimoh Oladunni Oyewumi, Ajagungbade III has died at 95, IgbereTV reports.
Although there is no official statement from the palace, the Oyo State Government has however mourned the paramount ruler, saying he made a lasting impact.
Born to Oba Bello Afolabi Oyewumi Ajagungbade II and Ayaba Seliat Olatundun Oyewumi, he ascended the throne on October 24, 1973.
The traditional ruler was renowned for the building of a modern palace in the town, having netted a mud palace after his coronation.
He attended St. Patrick Primary School, Oke Padre, Ibadan from 1932-1938 and thereafter proceeded to the Ogbomoso People’s Institute, which was later changed to Ogbomoso Grammar School.
Prior to his ascension to the throne, Ajagungbade made fortune from the textile business and a chain of other business initiatives.
The late monarch established a limited liability company called J.O. Oyewumi and Co Nigeria Ltd in 1967 which specialised in wholesale and retail trading. The business expanded to include real estate and hospitality.
He also established Terminus Hotel and El-Duniya Hotel in Jos.