Bukunyi Olateru-Olagbegi (born 17 May 1990) is a Nigerian entrepreneur and politician. He is a member of the royal Olagbegi family in Owo, a city in Ondo State, southwestern Nigeria. He is the founder and chairman of the Modern Democratic Party. In 2018, Olateru-Olagbegi's contribution to Nigerian politics was a feature of a Forbes Africa magazine article on the 2019 Nigerian elections, which credited him as one of Nigeria's young leading political figures. In 2019, he was named among the 100 Most Influential People of African Descent (MIPAD) under the United Nations.
Olateru-Olagbegi is the CEO of FBSS Nigeria Limited and also serves on the board of Altheus Limited, a Nigerian firm with interests in energy, human capacity development and private equity. In 2016, Olateru-Olagbegi was appointed as the chairman of the central working committee for The Future Awards. He also serves as the chairman of the central working committee for SME100 Nigeria.
In 2018, sequel to the passage of the #NotTooYoungToRun Bill at the Nigerian National Assembly, Olateru-Olagbegi at age 27, successfully registered a political party, Modern Democratic Party (MDP), with the Independent National Electoral Commission. The party has been described as representing the new face of active youth involvement in politics in Nigeria.
In November 2018, the MDP unveiled singer and filmmaker Bankole Wellington (Banky W.) as its candidate to contest the 2019 Federal House of Representatives elections, representing Eti-Osa Constituency. Banky W eventually lost to the ruling APC candidate, Ibrahim Babajide Obanikoro, in a keenly contested race. The party is reported to have 65,000 members and fielded two legislative candidates in the 2019 General Elections in Nigeria.
In December 2018, Olateru-Olagbegi's contribution to Nigerian politics was a feature of a Forbes Africa magazine article on the 2019 Nigerian elections.
Olateru-Olagbegi said
Olateru-Olagbegi married singer MoâÂÂCheddah in May 2018 at a private ceremony in Lagos, Nigeria.