Popular Businesswoman Adebisi Edionseri, Known as “Cash Madam,” Passes Away at 89

Renowned socialite and businesswoman, Princess Kadijat Abike Adebisi Edionseri, popularly known as “Cash Madam,” has passed away at the age of 89. She died on Sunday, January 5, 2025, after a brief illness in Abeokuta, the Ogun State capital, according to reports by Platform Times.

The sad news of her passing was confirmed in a statement released on behalf of the family by one of her children, Dr. Adebayo Adebowale. The statement paid tribute to her remarkable life, highlighting her contributions to her family and community as a paragon of grace, dignity, and faith.

“With deep gratitude to Allah for a life well-lived, we announce the passing of our beloved mother, grandmother, and great-grandmother, Princess Kadijat Abike Adebisi Edionseri (née Elegbede), who returned to her creator on January 5, 2025, at the age of 89, following a brief illness.

“Her life was a shining example of grace, dignity and unwavering faith. Princess Edionseri touched the lives of many through her wisdom, kindness and dedication to both her family and her community. She taught us the importance of love, resilience, and faith in Allah, leaving behind a legacy that will continue to inspire generations.

“As we grieve this monumental loss, we also celebrate the remarkable life she lived. Her laughter, warmth, and the values she instilled will forever remain in our hearts, guiding us as we navigate life without her physical presence,” the statement partly read.

Princess Edionseri was known for her immense contributions to business and philanthropy, making a lasting impact on countless lives in her community. Her family and those who knew her remember her as a source of inspiration and a matriarch whose influence will endure for years to come.

In accordance with Islamic rites, Princess Edionseri will be laid to rest on Monday, January 6, 2025. The burial will take place at 4 PM at her residence in the Abeokuta Government Residential Area of Ogun State.

The family has requested privacy during this time of mourning and has expressed gratitude for the outpouring of love and support from friends, associates, and well-wishers.

Asari-Dokubo Urges Diaspora to Invest in Nigeria, Boost Economic Growth

The Da-Amakiri Tubo and Amanyanabo of the Elem Kalabari Kingdom, Abubakr Dokubo-Asari, has made a passionate call for Nigerians in the diaspora to invest in their homeland to foster economic development. Dokubo-Asari delivered this appeal on Sunday in a New Year goodwill message directed at monarchs, chiefs, elites, and the general populace of the Kalabari Kingdom.

“Our people need to come back home to build houses here instead of buying land in other communities. I urge my fellow Kalabari brothers and sisters worldwide to set up businesses here that will boost the economy of the Kalabari Kingdom and provide jobs for our people,” Dokubo-Asari said.

Highlighting the region’s abundant natural resources, he emphasized opportunities in oil and gas, marine transportation, agriculture, tourism, and other potential investment avenues. According to Dokubo-Asari, leveraging these resources could transform the Kalabari Kingdom into an economic hub while addressing unemployment.

In his address, the traditional leader also called on youths to shun cultism and violence, urging them to focus on peaceful and constructive activities that uplift the community. “Our youths must embrace endeavours that promote the well-being of our people instead of engaging in activities that harm others,” he stressed.

Reaffirming his dedication to the fight for resource control and environmental conservation in the Niger Delta, Dokubo-Asari highlighted the importance of unity and sustainable development for the region’s future.

Reflecting on his personal journey, Dokubo-Asari recounted his decision in 2017 to relocate from Port Harcourt to Obuama. He sold all his landed property in the city and reinvested in Obuama, a move he credits with contributing significantly to the community’s growth and transformation. “My investments have played a role in turning Obuama into a vibrant and diverse community,” he noted.

The Amanyanabo’s message has been met with widespread interest, with many viewing it as a rallying cry for the Kalabari Kingdom’s diaspora to participate in the region’s development actively. By investing in local businesses and infrastructure, they can pave the way for a prosperous and self-reliant Kalabari Kingdom.

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