Home » Africa’s richest man dedicates refinery road to late Nigerian banker Herbert Wigwe

Africa’s richest man dedicates refinery road to late Nigerian banker Herbert Wigwe

Wigwe, one of Nigeria’s wealthiest individuals with a 9.09-percent stake in Access Holdings valued at $54 million, died in a helicopter crash in California nearly four weeks ago

by Omokolade Ajayi
Herbert Wigwe

In a tribute to Herbert Wigwe, co-founder and CEO of Access Corporation, Africa’s richest man Aliko Dangote announced on Monday that the 120-kilometer road leading to his $20-billion petrochemical complex in Lagos will be named after the late banking executive.

The announcement was made during a special event titled, “Celebrating Herbert Wigwe – A Professional Legacy,” at Eko Hotel, Lagos. Dangote, with a net worth of $12.7 billion, described Wigwe as a dedicated mentee who played a crucial role in supporting him, his business, and his family.

The industrialist expressed his pride in naming the major refinery and petrochemical road after Wigwe, emphasizing the late banker’s commitment and expertise. “I will forever cherish the warmth of his friendship,” Dangote said.

Wigwe, one of Nigeria’s wealthiest individuals with a 9.09-percent stake in Access Holdings valued at $54 million, passed away in a helicopter crash near Nipton, Calif., nearly four weeks ago. The incident claimed the lives of Wigwe, his wife Chizoba, his son, and Nigerian lawyer Abimbola Ogunbanjo.

The Nigerian Safety Investigation Bureau (NSIB) has issued a preliminary report on the devastating helicopter crash that resulted in the loss of Herbert Wigwe and three others. According to information obtained from the U.S. National Transportation Safety Board (NTSB), the Airbus Helicopter EC130B4 was ablaze prior to the fatal crash.

Bimbo Oladeji, NSIB’s director of public affairs and consumer protection, confirmed the receipt of the preliminary report. It revealed that adverse weather conditions led to the helicopter catching fire before crashing in Halloran Springs. The tragic incident occurred during a flight from Bob Hope Airport in Burbank, California, to Boulder City Municipal Airport in Nevada via Palm Springs International Airport.

This disclosure adds a sorrowful dimension to the premature passing of Herbert Wigwe, providing insights into the circumstances surrounding the shocking helicopter crash. NSIB continues its investigations to uncover more details about the incident.

You may also like

logo

The world’s premier source of news on Africa’s billionaires and UHNWIs.

Newsletter

Get the daily email to stay informed about African billionaires and UHNWIs. Get informed and entertained, for free.

Latest News

@2024 – Billionaires.Africa. All Rights Reserved.