Mr. Rasheed Jaiyeola Jaiyeola is the Founder, Chief Executive Officer (CEO) and a majority shareholder (jointly with his family) of Bukka Hut, a proudly Nigerian brand he built from one outlet in August 2011 to 24 outlets today, the Board, Management and Staff of Bukka Hut have said in a statement on Thursday in Lagos.

The statement added that the Bukka Hut business is run and operated solely by Rasheed Jaiyeola with the support of the senior management team.

The company released the statement in a bid to correct the wrong impression making the rounds on media platforms that Mr. Olaolu Martins, who passed through transition last Tuesday, was the founder and owner of Bukka Hut, a Lagos-based eatery.

Contrary to media reports, the late Olaolu was a minority shareholder and a valued supporter of the business who was not involved in the day-to-day operations of Bukka Hut.

The statement reads, “The Board, Management and Staff of Bukka Hut continue to mourn the unfortunate passing of Mr. Olaolu Martins, who was an initial investor and a minority shareholder in BukkaHut.

“While Olaolu was not involved in the day-to-day operations of Bukka Hut, he was a valued supporter of the business, and he will be sorely missed by all staff and management. We pray for the strength and fortitude to bear this great loss.

“As we try to come to terms with the reality of Olaolu’s untimely passing, it is unfortunate that we are also constrained to address the gross misrepresentation of verifiable facts making the rounds on various social media platforms at this time.”

The statement added that, “Rasheed Jaiyeola is the Founder, C.E.O and a majority shareholder (jointly with his family) of Bukka Hut, a proudly Nigerian brand he built from one outlet in August 2011 to 24 outlets today. The Bukka Hut business is run and operated solely by Rasheed Jaiyeola with the support of the senior management team.

“While we urge all media platforms to refrain from disseminating unverified and inaccurate information, we also enjoin members of the public to kindly respect the privacy of the Martins family at this very difficult time.”

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