Abubakar Olusola Saraki (17 May 1933 – 14 November 2012) was a Nigerian politician, who was a Senator of the Nigerian Second Republic (1979-1983). He was a ranking nobleman of the Ilorin Emirate from Agoro compound in Agbaji.
Olusola Saraki was born on the 17th of May, 1933 at Ilorin, Kwara State and died in Lagos November 14, 2012. His mother was from Iseyin in Oyo State and his father was from Ilorin. His paternal ancestors were Fulanis who came from Mali about 150 to 200 years earlier. Olusola Saraki was educated at Eko Boys High School. He attended the University of London, and St George’s Hospital Medical School, London. He worked as a medical officer at the General Hospital, Lagos and the Creek Hospital, Lagos.
Olusola Saraki first entered politics when he ran in the 1964 parliamentary election for Ilorin as an independent, but failed to win. After the election, he returned to his medical practice in Lagos, only returning to party-politics in 1978/79.
Olusola Sakari died on Wednesday 14 November 2012 in Lagos at the age of 79 after a losing a battle with cancer. He was laid to rest in Ilorin.
In 1977, Olusola Saraki was elected as a member of the Constituent Assembly that produced the 1979 constitution. In 1979 he was elected a Senator of the Second Republic, and became Senate Leader. In 1983 Saraki was re-elected into the Senate on the National Party of Nigeria (NPN) platform.
In March 2003, the Societe Generale Bank (SGBN) of which Saraki was chairman was investigated by the National Drug Law Enforcement Agency for alleged money laundering. Later, SGBN was investigated by the Economic and Financial Crimes Commission (EFCC) under Nuhu Ribadu, and its license was temporarily suspended.
His son Bukola Saraki is the senate president since June 9, 2015 in the Eighth Senate of Nigeria.