President Goodluck Jonathan has described the death of foremost traditional ruler in Osun State, the Owaloko of Iloko-Ijesha, Oba Samuel Oladele Olashore, as "a great national loss."
In a statement by the Special Adviser to the President on Media and Publicity, Dr. Reuben Abati, on Sunday, in Abuja, Jonathan said he received the news of Olashore's death with sadness.
The President said the late traditional ruler was one of the most prominent pillars of the banking profession in the country for many years.
He noted that Olashore's contributions to the development of Nigeria's banking sector and his service as Minister of Finance had already assured him a place in the nation's history.
Jonathan said the monarch would also be remembered for elevating the profile of his once humble community of Iloko-Ijesa through immense personal effort and selfless service.
He joined the Olashore family, people of Iloko-Ijesha and Osun State as well as the monarch's friends and associates across Nigeria and beyond in mourning him.
Jonathan urged Olashore's family and friends to be comforted by the knowledge that the deceased had left behind an indelible legacy of great achievements in banking, education, philanthropy and community service.
He noted that the Olashore International School in Iloko-Ijesa, established and nurtured by the late Oba, would stand as an eternal testimony to his commitment and belief in education as a tool for sustainable growth and development.
The President prayed that God Almighty would grant Olashore's soul peaceful repose.