The Board, Management, and Staff of Bukka Hut released a statement on Thursday in Lagos identifying Mr. Rasheed Jaiyeola Jaiyeola as the company’s founder, CEO, and a majority shareholder (along with his family). He built the proudly Nigerian brand from one outlet in August 2011 to 24 outlets today.
According to the statement, Rasheed Jaiyeola is the only owner and operator of the Bukka Hut company, with assistance from the senior management group.
The company issued the statement in an effort to dispel the false impression that Mr. Olaolu Martins, who passed away last Tuesday, was the creator and proprietor of Bukka Hut, a Lagos-based restaurant.
Contrary to what the media has been reporting, the late Olaolu was a cherished supporter of the company and a minority shareholder who was not involved in the day-to-day management of Bukka Hut.
The Board, Management, and Staff of Bukka Hut continue to express their sorrow over the untimely passing of Mr. Olaolu Martins, a founding investor and a small shareholder in the company.
Although Olaolu was not actively involved in running Bukka Hut on a daily basis, he was a cherished supporter of the company and will be sadly missed by all employees and management. We ask for the courage and resilience to endure this terrible loss.
It is regrettable that we are forced to address the egregious fabrication of verifiable facts currently making the rounds on various social media platforms as we attempt to come to grips with the reality of Olaolu’s untimely departure.
Rasheed Jaiyeola is the founder, CEO, and main shareholder (together with his family) of Bukka Hut, a Nigerian company that he expanded from one shop in August 2011 to 24 outlets today, according to the statement.
Rasheed Jaiyeola is the sole owner and operator of the Bukka Hut company, with assistance from the senior management group.
“While we humbly request that the public respect the privacy of the Martins family at this extremely trying time, we also urge all media platforms to refrain from sharing unsubstantiated and erroneous information,” the statement continued.