Bukka Hut owner, Laolu Martins, commits suicide


Laolu Martins, one of the founders and executive director of popular Lagos restaurant, Bukka Hut is dead.

Bukka Hut is a restaurant that offers a wide variety of tasty homemade meals.

According to The Will, Laolu Martins, who was an investment banking expert with over 12 years experience, allegedly committed suicide, in his home around 3am on Tuesday, after giving up on a  long-fought battle against depression.

The deceased co-founded the restaurant with his partner, Rasheed Jayeola, and they recently opened their 15th outlet in Ikorodu, Lagos State.

The family of the deceased confirmed his death in a statement on Wednesday.

“We hereby solicit the support and understanding of everyone as the family grieves the loss of our beloved Laolu in our privacy.

“Our kind request is that you support the family – wife, children, aged mother and father and his siblings with your prayers at this difficult time.

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“Further announcements will be made by the family,” the statement said.

A Chartered stockbroker and a Chartered Accountant with 12 years of experience in investment banking, corporate banking, stockbroking, asset management and pension fund management, Martins started his career with PricewaterhouseCoopers in 1999.

He joined Investment Banking & Trust Company Plc now Stanbic IBTC Bank Plc where he served in the Financial Control and Trade Finance/Foreign Operations units of the Bank before being seconded to Stanbic IBTC Asset Management Ltd where at various times he was Financial Controller, Head Asset Management and lastly Head Stockbroking.

He would later resign in 2005 to join Shell Nig. CPFA Ltd, the Fund Manager of the Shell Companies in Nigeria Pensions Scheme where he was Head, Investments up till 2008 when he resigned to join Nigeria International Security Limited, NISL, an independent financial services firm specialising in investments within the Nigerian space.

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