Thus the Buccaneers Confraternity was born in University of Ibadan (Modaship) with Bolaji Carew as its first head in 1972. The confraternity remained in the University of Ibadan from 1972 till 1976 when the idea of a national outlook was conceived. The graduate body was growing and spreading to other areas of the country and their good deeds were spreading too; a clamour for other decks increased and was accepted. This led to decks being established in various institutions of higher learning around the country.

The growth and spread of our confraternity on university campuses were not without attendant problems, for this coincided with the expansion of other student movements which consequently resulted in squabbles in many campuses. Conscious of the need to provide direction, uphold the ideals of the confraternity and to further cement the ideals of a nationally recognised body, a group of older Buccaneers gave strength to the formation of the Buccaneers Association of Nigeria (BAN) whose inauguration was performed at Modaship in 1982 during our tenth anniversary tagged DOUBLOON. The period from 1982 provided another beginning and new challenges for the confraternity. The restructuring of the hierarchy came into effect. As a first step towards reining in the excesses of the under graduate members, the student body lost their autonomy and became subordinate to the odas of the Grand Eye, the national head.

The Buccaneers confraternity has weathered many storms and is beginning its 5th decade as a vibrant confraternity with a social and moral conscience and proper brotherliness amongst its members and the society in general. Our confraternity is a worldwide organisation with presence in most parts of the world including the United Kingdom (UK), United States of America (USA), Canada, South Africa, Malaysia and Mainland Europe.