A former Chairman of First Bank Nigeria and Minister of Labour, Ajibola Afonja is dead, at age 82.
A family source said the Oyo-born Prince passed away, on Sunday night, at the University College Hospital, Ibadan, Oyo State.
He was Chairman of the Board of Directors of First Bank Plc and was also appointed as Minister of Labour under the interim government of Earnest Shonekan.
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Afonja was the chairman of Integrated Dimensional System and many other companies.
He attended Kingston University, Kingston-upon-Thames, Surrey, United Kingdom where he bagged a degree in Accounting in 1970.
After he graduated from the university, he started work with John Mowlem & Co, a UK-based construction firm with notable works at Buckingham Palace, the House of Commons, 10 Downing Street, Westminster Abbey, London Bridge, the Manchester Metrolink and the Dublin Port Tunnel, and a host of others.
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He first served as a subsidiary company accountant between 1971-1972 and then became the Group Assets Management Accountant in 1972, a position he held for three years before he returned to Nigeria in 1974.