Omofemiwa Ibrahim, mother of billionaire businessman, Jimoh Ibrahim, has died in a fire accident at her Victoria Garden City (VGC) residence in the early hours of Saturday.
Neighbours confided in newsmen that the septuagenarian was pronounced dead at the scene after fire fighters arrived the scene.
Her corpse has been deposited at the morgue.
Madam Ibrahim moved to VGC to be close to her billionaire son after she was released by kidnappers in 2011.
She was kidnapped in Igbotako, Ondo State and released in Sapele, Delta State after her family paid millions of naira as ransom.
Ibrahim now lives in Dubai who owns the Energy Group, Nicon Insurance as well as the defunct Nation Mirror, Newswatch and Air Nigeria currently resides in Dubai, United Arab Emirates.