Founder Of Nigeria’s First Credit Rating Company, Olabode Agusto, Dies At 68

By Akeem Oduyoye

A former economist and accountant, Olabode Agusto, founder of AGUSTO & CO Limited, Nigeria’s first credit rating company, is dead.

The economic guru was born on September 14, 1955, and died at the age of 68.

The Publisher of Ovation Magazine, Dele Momodu, announced Augusto’s death through his official X handle on Thursday.

 “One of Nigeria’s biggest economic wizards, Mr Olabode Agusto, has passed on. He founded AGUSTO & CO Ltd., a credit rating company.

“His darling wife, Edna and children were in Portugal (his adopted country) when he passed on at close to 70. May his brilliant soul rest in peace,” Momodu wrote.

Agusto served as the Director of the National Pension Commission, member of the Central Bank of Nigeria Monetary Policy Committee and Director-General of the Budget Office of the Federation.

He also had years of experience in the private sector.

In 2003, President Olusegun Obasanjo awarded Agusto the national honour of Member of the Order of the Federal Republic, OFR, for his contributions to the Nigerian economy.