Two Weeks After Death, Captain Hosa Okunbo’s Family Put Up His Multibillion Naira Hotel For Sale

No doubt the death of Captain Hosa Wells Okunbo which many are yet to come to terms with on account of what he represented in the lives of his family, friends and associates is likely to throw up some dilemmas on how to manage his monstrous assets as well as some changes that are likely to shock a few and not go down well with others.

One of such changes which has already been decided on, barely two weeks after his death, is the sale of his Abuja based luxury hotel, The Wells Carlton Hotel and Apartments.

THEWILL gathered from reliable sources that at a meeting which had in attendance Okunbo’s family members including his US based wife, Nosa whom he parted ways with in controversial circumstances and reconciled with before his passing, the family resolved to put the hotel up for sale. What must have promoted this decision is yet unknown even as what the family plans to do with the proceeds from the sale of the hotel remains a mystery. No doubt, decisions are being reached on what to do with his remaining assets even as the family bicker over them.

The Wells Carlton Hotel and Apartments was commissioned in December 2018 after nine years of painstaking investment of time, energy and resources. A multi-billion-naira luxury investment, it is located in the highbrow area of Asokoro, Abuja. It is a sprawling 55 room facility with avant-garde bars and four world-class restaurants, state of the art gym, an Olympic-sized swimming pool, a Japanese/Indonesian spa etc.

The Edo-born businessman died at the age of 63 in a London hospital after a one-year battle with pancreatic cancer. His health had reportedly improved and he planned to return to the country just in time for his son in-law, Tsola Emiko’s coronation as the new Olu of Warri on Saturday August 21.

Source: THE WILL