Alhaji Ali Oladeinde Akinyele, the founder of the prominent manufacturing firms AkinOcean Nigeria and Allison Foam, has died at the age of 78. He passed away on Wednesday morning after a brief illness.

Born on April 18, 1947, in Isale Eko into the prestigious royal family of Agata Shokun Onilegbalr, Akinyele began his career as a draughtsman. He later honed his business acumen as a Trainee Business Associate at Isiaka Rabiu and Sons Kano, where he worked for several years under the mentorship of a multimillionaire, Alhaji Isiaka Rabiu, a period during which he also mentored several young entrepreneurs, including the future Chairman of BUA Group. He subsequently ventured out to found his own successful enterprises.

A devoted Muslim and renowned philanthropist, Alhaji Akinyele was known for his generous support of various human development causes. He actively assisted many small businesses to grow and donated handsomely to religious organizations and charity groups.

He is survived by his wife, children, and grandchildren. Islamic funeral prayers will be held at Community Central Mosque Alausa Secretariat and immediately after after which he will be interred at the Abari Century Lagos Island. (PRNigeria, excluding headline)