The Festac Town and wider Amuwo-Odofin community is mourning the death of Chief Oyetunde Olutayo Adebanjo, Director and CEO of Festival Bread.

News of Adebanjo’s death emerged on Wednesday, September 16, 2026, with residents and customers taking to social media to express their shock and share memories of the businessman popularly known as Oyee, Chief Oyeniyi and “Mr. Festival.”
Adebanjo was closely associated with Festival Bread, a brand that has become a familiar name to many households in Festac Town and other parts of Lagos.
Following the announcement of his death, tributes began circulating across social media as members of the community remembered Adebanjo and his connection to the area.
Some of the reactions came from residents and customers who described the news as a difficult one for the Festac community.
The announcement also comes at a time when some customers had recently noticed the temporary unavailability of Festival Bread in some places, although it is not clear whether this was connected in any way to Adebanjo’s passing.
Adebanjo’s death marks the loss of a businessman whose name and brand had become part of everyday life for many residents of Festac Town over the years.
As tributes continue to emerge, members of the community have been expressing their condolences to his family, friends, colleagues and everyone associated with Festival Bread.
FestacOnline extends its condolences to the Adebanjo family and the Festival Bread community.
Further details about funeral arrangements and other information concerning his passing will be reported when officially confirmed.