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Revered monarch confers chieftaincy title on oil magnate |

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On November 22, 2025, Ado-Ekiti, the Ekiti State capital, was agog as people from all walks of life witnessed the glamorous installation of the Chairman of New Telegraph Publishing Limited and oil magnate, Chief Olakunle Gidado of Odo Aremu, Ado-Ekiti, as the Adaralua of Ado-Ekiti Kingdom by the Ewi of Ado-Ekiti, Oba Rufus Adejugbe Aladesanmi III. 

The historic event was in commemoration of the revered monarch’s 35th coronation anniversary and 80th birthday anniversary.

It was held at the open pavilion of the palatial palace of the Ewi of Ado-Ekiti.

It attracted family, friends, and associates of the new chief, including Aremo Olalekan Gidado, Chairman, Nigeria Chemicals Limited; Ayodele Aminu, Managing Director of New Telegraph Publishing Limited; Niyi Afolabi, Managing Director, Alsden Construction Company Limited; Olaniyi Atose, Chief Executive Officer, Koin Koin; Niyi Gidado, Chief Executive Officer, Niyi Gidado and Company; and Adetunji Tolani, Managing Director, Fountain Holdings Limited.

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The Adaralua, who was clad in a well-tailored multi-colour hand-woven long robe, was honoured for his outstanding contributions to the growth and progress of Ekiti State, which he has consistently championed through the Olakunle Oladapo Gidado (OOG)  Foundation with the award of education scholarships, bursaries, and other initiatives to indigenes of Ekiti State in higher institutions. 

The foundation also supported the Ekiti State Government during the COVID-19 pandemic. 

Gidado promised to sustain his humanitarian gestures in the interest of the people of Ado-Ekiti and Nigerians at large.

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