President General of Ohanaeze youths Okechukwu Isiguzoro said the killing was an evil act which could spark a tribal war.
Concise News reported that the 58-year-old Olakunrin was killed along Benin-Ore road.
In a statement he personally signed, Isiguzoro cautioned the Yoruba to remain calm in the face of such provocation.
He said: “This is a provocative onslaught on the Yoruba Nation with the evil intent to spark another tribal war against different tribes in Nigeria and we call on the Yorubas to handle the matter with caution.
“They should remain calm in the face of obvious threat and Provocations.
“Igbos had suffered different but similar persecution from Armed herdsmen operating in the South East Road, we advice the South West Governors to emulate from the South East Governors and ban the movement of Herdsmen through restrictions of Cattle conveyance on by lorry, as Armed Herdsmen are using Cattle conveyance by foot to commit heinous crime against the indigenous host communities, with the clampdown of Bandits in the North West and Terrorists in the North West, it’s Obvious that South West and South East are now Safe Haven for the terrorism to thrive.
“We console with Afenifere leader, Pa Reuben Fasoranti’s family, May God Grant them the fortitude to bear the loss.”