Segun Adebutu is a Nigerian businessman, economist and philanthropist. He has business interests in oil and gas, shipping, mining, construction, real estate, agriculture and entertainment. He is the chairman and CEO of Petrolex Oil and Gas, a company presently building the second largest refinery in sub-Saharan Africa. Adebutu is also Chairman of Bluebridge Marine Ltd, Bluebridge Minerals, Oladiran Agro-Allied Company and Oladiran Engineering & Trade Ltd. Segun Adebutu is the founder of Baseline Records Label, who signed on music artists like Skales and Saeon. He is also founder of Trade Nigeria Limited, and is a member of the Board of Premier Lotto, a gaming company based in Nigeria. Adebutu is founder and financier of the Oladiran Olusegun Adebutu Foundation (OOA), an NGO focused on economic empowerment, health, community investments, philanthropy, vocational enterprise for vulnerable women and children in crisis. Background Segun Adebutu is born to the family of Kesington Adebukunola Adebutu, founder and chairman of Premier Lotto Nigeria Limited, who hails from Iperu Remo, Ikenne Local Government, and Caroline Oladunni, from Odogbolu, both in Ogun State, South West Nigeria. Segun Adebutu, graduated in Economics at the University of Ibadan, and started trading in oil and gas in 2004. Petrolex Oil and Gas Limited After starting with oil and gas trading in 2004, Segun Adebutu's ventures grew from small business into a world-class conglomerate with interests in shipping, mining, construction, infrastructure, real estate, telecommunications, and entertainment. In 2007, Segun Adebutu founded Petrolex Oil & Gas Limited, as a part of Petrolex Group. For ten years, Adebutu quietly and organically nurtured his energy firm, Petrolex Oil & Gas Limited, into a key player in a volatile sector. According to Segun Adebutu, he started trading small batches of petroleum products, which powered electrical generators in homes and industries across Nigeria. After facing congestion and distribution issues during the initial stages, he concluded that there was a need to create a company to solve the issues at hand. At that time, Storage and Distribution (S&D) seemed to be the best area to evolve into, and also the easiest in terms of capital. Back then, Segun Adebutu found the ideal place to set up an S&D facility in Ibafo, which is on the border between Ogun and Lagos. After setting the foundation, he started real estate acquisition in 2010 and block construction in 2013, until December 2017, when Segun Adebutu came under the spotlight when