Osun State Governor, Rauf Aregbesola in the early hours of Monday approved the appointment of Prince Abdul-Rasheed Adewale Akanbi of the Gbaase Ruling House of Iwo as the new Oluwo of Iwoland.
The letter of appointment of the new monarch for Iwoland dated 9th of November, 2015 was signed by the Secretary to the State Government, Alhaji Moshood Olalekan Adeoti.
Director of Bureau of Communication and Strategy in the Office of the Governor, Mr. Semiu Okanlawon said the appointment of Prince Abdul-Rasheed Akanbi as the new Oluwo followed the completion of necessary procedures by the kingmakers.
The appointment of the new Oluwo was stalled after the demise of the immediate past monarch, Oba Ashiru Olatunbosun Tadese in February 2013 owing to the legal tussle over the Amended 2008 Iwo Chieftaincy
The case was eventually set aside by an Osun State High Court and this paved way for the appointment of Akanbi. The aggrieved ruling House that instituted the case seemed to have succumbed after the appointment of Akanbi but they insisted that the Iwo Chieftaincy Declaration needed amendment.
The new Oluwo, a Canada-based contractor is the Chief Executive Officer of Prince Global Nigeria Limited and a childhood friend of the new Ooni of Ife, Prince Adeyeye Enitan Ogunwusi.
The Oluwo of Iwo is among the leading traditional rulers in Osun State because of the importance of Oluwo stool in the Yoruba history.