Madam Theresa Omofemiwa Ibrahim, mother of billionaire businessman, Jimoh Ibrahim, has died in a fire accident at her Victoria Garden City (VGC) residence in the early hours of Saturday.

Our correspondent learnt that the victim, who was about 76 years old, was at her house in the Victoria Garden City, Lagos, when a fire broke out around 2am.

She was said to have been burnt to death before the inferno was put out by firefighters from the Lagos State Fire Service.

Her corpse has been deposited at the morgue.

The Police Public Relations Officer, CSP Chike Oti, confirmed the incident.

He noted that the remains of the deceased have been deposited in a morgue, adding that investigations were on

Madam Ibrahim moved to VGC to be close to her billionaire son after she was released by kidnappers in 2011.

She was kidnapped in Igbotako, Ondo State and released in Sapele, Delta State after her family paid millions of naira as ransom.

Ibrahim now lives in Dubai.