Oba Osunsina receives staff of fffice as Olu of Ifo
HRM Oba Olumide Atanda Osunsina has officially received his staff of office as the Olu of Ifo, Ogun State, following his recognition by the state government.
The monarch, who bears the traditional title Òsómékùn I, received the staff of office on Friday, November 13, 2026, in a ceremony marking the formal confirmation of his ascension to the throne.
He succeeds the late Oba Samuel Atanda Oladipo Ayerowunwi.
The presentation of the staff of office formally recognises the monarch’s position by the Ogun State Government, following his selection by the kingmakers and the completion of the required traditional processes.
Before ascending the throne, Oba Osunsina established himself in Nigeria’s real estate sector as the founder of Megamound Investment Limited, which he founded in 1992.
The company has developed several residential and property projects, including Carlton Gate, Lekki County Homes, King’s Court and Greater Lagos County Apartments.
He also previously held traditional titles, including Asiwaju Bobagunwa and Otunba, in recognition of his contributions and service to Egbaland.
Speaking after receiving the staff of office, the monarch said his new position would come with a strong commitment to the development of Ifo land and the welfare of its people.
“A staff of office is not given lightly, and I do not receive it lightly. It is the government’s confirmation of what the kingmakers already know; that I built Megamound from nothing, and I will hold this throne, and everyone around it, to the same standard I have always held myself to. From now on, it’s Ifo first,” he said.
Beyond his business interests, Oba Osunsina is also the founder of the Olumide Osunsina Foundation, which has supported educational and community development initiatives in Ifo.
The foundation has funded scholarships, technology hubs, vocational training programmes and medical outreach projects aimed at improving the welfare of residents.
The foundation is expected to expand its activities under the monarch’s reign, with further details of its plans to be announced in the coming months.
With his formal recognition by the Ogun State Government, Oba Osunsina begins his reign as the Olu of Ifo, with expectations that his experience in business and community development will contribute to the growth of the kingdom.