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Sunday, 21 June 2026

‎Ijesaland Mourns the Passing of Business Icon and Industrial Amazon, Yeye Yinka Oba ‎






‎Ijesaland has lost one of its most celebrated business icons and foremost female industrialists, Dame Eunice Olayinka Obaleye, popularly known as Yinka Oba or Yinka Oba Foam.


‎The renowned entrepreneur, philanthropist, and holder of the prestigious traditional title of Yeye Owa of Ijesaland, was widely respected for her immense contributions to indigenous industrial development, community advancement, and women’s empowerment.


‎Dame Obaleye was the founder and chairperson of Yinka Oba Foam Nigeria Limited (YOFOAM), one of Nigeria’s leading indigenous foam manufacturing companies. Through determination, resilience, and an unwavering commitment to excellence, she built a business empire that spanned several sectors, including manufacturing, oil and gas, hospitality, and commerce.


‎Born with ancestral roots in Ilesa, Osun State, Dame Obaleye's journey to success was marked by extraordinary perseverance. As a young girl, she was initially denied formal education because her father believed that a woman's place was in the kitchen. However, through the intervention of her maternal grandparents, she was eventually allowed to attend school in Ilesa.


‎She began her working life as an attendant in her father's trading business and later ventured into entrepreneurship. Following her marriage, she relocated to Idanre in Ondo State before returning to Ilesa, where she laid the foundation for what would become a remarkable business legacy.


‎Over a career spanning more than six decades, Dame Obaleye established and nurtured several successful enterprises, including Yinka Oba Foam Nigeria Limited (YOFOAM), Kings Hospitality Limited, Yeunice Industries Limited, and Joy Dreams Limited.


‎Her contributions to Nigeria's manufacturing sector earned her widespread recognition, including several awards from the Manufacturers Association of Nigeria (MAN). In 1992, she was honoured with an Honorary Doctor of Business Administration degree from Staton University, Florida, United States.


‎Beyond her business accomplishments, Dame Obaleye was known for her philanthropy and service to society. She received numerous religious, traditional, and national honours, including the prestigious Member of the Order of the Niger (MON) award.


‎Her life story was also one of courage in the face of adversity. She survived several major setbacks, including the destruction of her factory by fire on three separate occasions within a single month during the early years of her business. In 2013, she survived a traumatic kidnapping incident in Osun State that tragically claimed the life of her driver.


‎Despite these challenges, she remained steadfast, rebuilding her enterprises and inspiring generations of entrepreneurs, particularly women, across Nigeria.


‎The passing of Dame Eunice Olayinka Obaleye marks the end of an era for Ijesaland and Nigeria's indigenous business community. Her legacy of resilience, enterprise, philanthropy, and service will continue to inspire future generations.


‎She is remembered not only as a successful industrialist but also as a symbol of determination, excellence, and the limitless possibilities of hard work and vision.


‎May her soul rest in perfect peace.





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