Ugbo Kingdom is a town in Ilaje local government area of Ondo State, southwestern Nigeria. The people of Ugbo Kingdom are predominantly fishermen.[1] The traditional ruler of Ugbo Kingdom is titled; Olugbo of Ugbo Kingdom and the incumbent Olugbo of Ugbo Kingdom, Fredrick Obateru Akinruntan is ranked by Forbes magazine as the 2nd richest King in Africa and the richest in Nigeria. He surpassed King Olubuse II, the Ooni of Ife with $225 million and the Swaziland billionaire, King Mswati III by over $200 million to become the African's richest King in 2014.[2]

Administration

Ugbo Kingdom consists of sixteen quarters. Headed by appointed chiefs according to their traditions and customs. On of the head of the quarters, called Chief Gbogunron is responsible for putting the traditional ritual leaves on the newly appointed King on coronation day.[3]

References

  1. ^ https://books.google.co.uk/books?id=hM3ycC-vtugC&pg=PA117&lpg=PA117&dq=Ilaje+people+are+fishermen&source=bl&ots=8szHD5oLyz&sig=7I8qEzIm8WEH2n-H4YGrS5OEWzk&hl=en&sa=X&ei=kwp2VcWkNIupsgGfiIDYAw&ved=0CA0Q6AEwAQ
  2. ^ http://www.forbes.com/sites/mfonobongnsehe/2014/06/03/the-5-richest-kings-in-africa/
  3. ^ "THE OLUGBO STOOL AND THE ADMINISTRATION OF UGBOLAND". obafeoakinruntan.com. Retrieved June 8, 2015.