News of his demise came to public knowledge after prominent personalities took to Twitter to pay tributes.
Momoh was said to have died of COVID-19 at the Lagos University Teaching Hospital (LUTH) on Thursday.
Segun Awosanya, a Nigerian legal practitioner and social media figure, who confirmed the tragic news via his Twitter handle, wrote: “Lost another gem to Covid19.
“The last time we spoke it was about our intervention on his case with a financial institution. Now he is no more. Rest in peace, distinguished Shaka Momoh (Planet One). Covid is real.”
Momoh, who is renowned as a lifestyle entrepreneur in Lagos, was a graduate of business administration from Auchi polytechnic. He was also a philanthropist who dispensed his goodwill via his Baobab Foundation.
Among his other businesses are Hospitality Warehouse, a hospitality products wholesale company; Baobab Edge Limited, a lifestyle company; and Basic Information and Communications System Limited (BICS).
