A prominent businessman in Ondo town, Ondo State, Akinbolusere Kayode, popularly known as Tolufe, has reportedly died in a suspected suicide, barely hours after releasing an emotional video in which he spoke about his family, business difficulties and plans to distribute his assets.
Tolufe, the owner of the popular Esther Estate, was said to have died on Thursday, October 29, 2026.
However, details surrounding the incident remained unclear as of the time of filing this report.
In the video making rounds on Facebook, the businessman spoke about his personal life and business struggles, while insisting that his decision to transfer his properties to his wife and three children was made voluntarily.
He repeatedly stated that nobody pressured him into taking the decision, adding that he was acting out of his own free will.
Tolufe also spoke about challenges confronting his business, disclosing that three machines used in his operations had developed faults, including two that had only started working earlier that day.
Reflecting on his journey, he said he built his business from modest beginnings and maintained that he had never relied on unlawful means to acquire his wealth.
A significant part of the recording was devoted to his wife, Akinbolusere Esther Adenike, whom he praised for supporting him through difficult periods.
He expressed regret over the challenges in their relationship, accepting responsibility for the problems and acknowledging the sacrifices she made, including supporting him when he worked as a barber.
The businessman also mentioned his three children, Oluwafemi, Toluwani and Daniel, declaring that he wanted his wife and the children to inherit his properties and wealth.
His reported death has triggered concern among residents, while the circumstances surrounding the incident remain uncertain.
As of the time of this report, the police had yet to issue an official statement, and there was no independent confirmation of the circumstances of his death.
