A former governorship aspirant of the Peoples Democratic Party (PDP) in Ogun State, Ladi Adebutu may have rested his political ambition as reports gathered showed his concentration is presently fixed on a big money project.
In a report monitored on societynow.ng, Ladi is erecting a wondrous hospitality center – a multi-million naira hotel project Ode Remo axis of Ogun State.
And it said to be not such a distance from where the palace of Alaye of Ode Remo Palace is located.
Newsheadline247 understands the project maintains it is huge money and massive investment the Federal House of Representatives member is putting in place.
According to the report, the contractor handling the project actually commenced work about two years ago.
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Ladi Adebutu is the son of billionaire lotto magnate Chief Kessington Adebutu.
He was the Ogun state gubernatorial aspirant backed by the national body of the opposition, PDP for the recently conducted Ogun State governorship election but lost out following a court judgment that recognised a suspended party man Senator Buruji Kashamu.
Mr Adebutu is from Iperu Remo – a neighboring town to Ode Remo – where his under development hotel is sited.