₦airaland Forum

floss:
She’s lucky she won under a different regime… I’m sure Tinubu would’ve used Omotosho to take that away and she will be sued for thinking that she knows the law

In omotosho’s Supreme Court, if you are given life sentence, just know you got fair trial…

Tinubu dare not step on a fellow Lagosian. We have otedola just the way we have alakija.
The beautiful thing is, they're the ijebu related part of Lagos.

achimendy:
Most you see everything they do?

It's only human to want to see evidence.

cr7lomo:
Tinubu wife go de jealous this woman die ...for decades

Kid why

Stevosty:
She saw an opportunity, took it, and stood by it till it becomes success, but this blindness thing I am reading is not so comforting.

and you believed this cock and bull stories?

AlphaTaikun:
@Eriokanmi

Be guided with your twisted story line! Say ONLY what you know and don't defame others.

I can detect a strong attempt by YOU to denigrate and minimize the achievements and business-savviness of Dr. Micheal Adenuga and Mrs. Folorunso Alakija whose husband Modupe Alakija is a legal practitioner.


Second, Mrs Alakija was a banker back in the early 1980s with the defunct IMB located at IMB Plaza which looked like a pyramid close to the former Bar Beach on Victoria Island. She was the secretary there before eventually resigning to take care of her young sons being newly married and she used that to set up the famous Supreme Stitches on Allen Avenue in the 1980s to make bespoke wears. She was very popular and that's how many promise clients came to her for the latest designs. I'm a witness to these events that took place in the 1980s. Mrs Alakija was from the very wealthy Ogbara family of Ikorodu. This is the reason why before the age of 10, her father (Chief Ogbara from Ikorodu, Lagos) had shipped the young Folorunso Alakija and her sister to school in the United Kingdom (Wales). She wasn't from a poor home.

Third, Mike Adenuga's mother is the sister to the penultimate Awujale of Ijebuland Oba Sikiru Adetona. Mike Adenuga only drove the taxi (like many other Nigerian students in the United States did in the 1970s and 1980s while schooling in the University) to further augment his expenses. Adenuga's family also sent him funds for schooling from Nigeria.

Otunba Mike Adenuga's Consolidated Oil (Conoil) was the FIRST EVER Nigerian oil and gas company to strike crude oil back in the 1990s due to his sagacity and had NOTHING to do with being favored because Deep Offshore oil exploration in the 1990s was very very risky. Conoil has NOTHING to do with IBB being the owner like these highly misinformed boys push around. That's the pure lies semi-literates and ethnic bigots have been spreading as beer parlor stories for some years now. Arthur Eze ALSO got his licence around the time Mike Adenuga and Mrs. Folorunso Alakija got theirs and NOBODY insults Arthur Eze. The highly IRRESPONSIBLE attacks on Mrs. Folorunso Alakija and Mike Adenuga (by those who don't know about the oil and gas industry operations of the 1990s like a few folks like me and some of others) will not be tolerated.

Last but NOT least, Mrs. Alakija wasn't the only one involved at the time of the bid for the deep offshore licenses in 1993, she brought her biological brothers and sisters from the Ogbara family of Ikorodu, Lagos, who are sound professionals to be with her as advisors and her lawyer husband Modupe Alakija from the famous Alakija family also came on board so she wasn't a random tailor like you people are claiming. She studied to be a secretary in the United Kingdom and on returning to Nigeria worked a some companies before joining IMB to work in the banking sector. Then she resigned to set up the very famous Supreme Stitches in Lagos. She did NOT sleep her way around with IBB or Abacha like some of these creeps have been peddling around.

You folks should let this strong woman be and STOP defaming her!

Nobody is defaming anyone . I just told you facts about her and adenuga. I know someone very close to them and IBB family. I never said anything bad about her, go back to my post and read again. Everyone has their humble beginnings and the destiny helpers who helped them up. Say things the way they are and not sugarcoating things.

I remember when someone was praise-singing the current alaafin of oyo, as if he's was that relevant before becoming alaafin. This man attended same church as my pastor in Winningpeg Canada. He was a hustler and and an ordinary man. He even discussed converting to Islam with my pastor as the condition they gave him to becoming the next alaafin. My pastor attended his coronation.

The other day, someone was busy praising dangote,saying he met money at home...which money and why did it take him decades after becoming rich to earn a university degree in Egypt? That his relative had money doesn't make him a rich man. Dangote came to lagos from kano,squatted in his uncle maitama's rented apartment at ijesa in lagos. The woman, now in her 90s who was their landlady told me this. She's from ilesha. As a matter of fact, Maitama was her first tenant in that house where dangote squatted. She told me the history of baba adeboye too, who used to spend his holiday at her uncle's cocoa store in ilesha to earn some allowance before the man asked him to stop coming and use his holiday season to focuss on his studies and gave him scholarship. Through connections, dangote became relevant. He never even possessed more than secondary schl cert as at that time.

The tinubu most of you are praising today as a rich man had nothing hence, his association with those friends in Chicago who were putting drug money in his account. Telling you guys he's not aware of the arrangements or being involved in it is a tale from the moonlight. There's an ex banker who's his mate in Chicago, who told me about him Tinubu was an ordinary taxi driver, the engagement that earned him a living in America before meeting those drug guys. The ex banker is my neighbour where I built my house in lagos. He's a successful man. They both schooled in America.

Femi otedola was a printer, helping his dad inside a small cubicle by the roadside. He never met money at home. The military guys that came to look for a reliable printer from doddan barracks changed their lives forever. They needed stationery items, ledgers,payrolls etc for the then federal government and their parastatals nationwide and the samples his dad printed and took to the barracks got him the job and he later became IBB's friend. He later became an unopposed governorship candidate with the support of IBB and the rest was history. His cubicle is still there till today and those who used to be femi otedola's friends. They're still engaged with the printing press in that place till today. Most of these guys later went to school to stay relevant when the money came.

OneCandleAway:
Yes I saw an aide holding her as they walked. The funny think is you hardly see them giving life changing charity to the less fortunate.

How many sachet pure water could your mother bless the poor with?

OneCandleAway:
Yes I saw an aide holding her as they walked. The funny think is you hardly see them giving life changing charity to the less fortunate.

The woman is a philanthropist oo. The multimillion naira hospital was a donation to osun state where she hails from. She has also built lecture theatres in universities in Nigeria. She's done her part.

DeepSight:
+
Nothing special, she used to be tailor to Maryam Babangida and that's how it started.

Why your mama nor fit run am make una family life for better?

iamL:
Why your mama nor fit run am make una family life for better?

+
My family life is just fine, and you dont know me or her to presume. Or do you think everyone who is not Alakija has not done well?

iamL:
How many sachet pure water could your mother bless the poor with?

How many sachet pure water could your mother bless the poor with?

Eriokanmi:
Nobody is defaming anyone . I just told you facts about her and adenuga. I know someone very close to them and IBB family. I never said anything bad about her, go back to my post and read again. Everyone has their humble beginnings and the destiny helpers who helped them up. Say things the way they are and not sugarcoating things.

I remember when someone was praise-singing the current alaafin of oyo, as if he's was that relevant before becoming alaafin. This man attended same church as my pastor in Winningpeg Canada. He was a hustler and and an ordinary man. He even discussed converting to Islam with my pastor as the condition they gave him to becoming the next alaafin. My pastor attended his coronation.

The other day, someone was busy praising dangote,saying he met money at home...which money and why did it take him decades after becoming rich to earn a university degree in Egypt? That his relative had money doesn't make him a rich man. Dangote came to lagos from kano,squatted in his uncle maitama's rented apartment at ijesa in lagos. The woman, now in her 90s who was their landlady told me this. She's from ilesha. As a matter of fact, Maitama was her first tenant in that house where dangote squatted. She told me the history of baba adeboye too, who used to spend his holiday at her uncle's cocoa store in ilesha to earn some allowance before the man asked him to stop coming and use his holiday season to focuss on his studies and gave him scholarship. Through connections, dangote became relevant. He never even possessed more than secondary schl cert as at that time.

The tinubu most of you are praising today as a rich man had nothing hence, his association with those friends in Chicago who were putting drug money in his account. Telling you guys he's not aware of the arrangements or being involved in it is a tale from the moonlight. There's an ex banker who's his mate in Chicago, who told me about him Tinubu was an ordinary taxi driver, the engagement that earned him a living in America before meeting those drug guys. The ex banker is my neighbour where I built my house in lagos. He's a successful man. They both schooled in America.


Femi otedola was a printer, helping his dad inside a small cubicle by the roadside. He never met money at home. The military guys that came to look for a reliable printer from doddan barracks changed their lives forever. They needed stationery items, ledgers,payrolls etc for the then federal government and their parastatals nationwide and the samples his dad printed and took to the barracks got him the job and he later became IBB's friend. He later became an unopposed governorship candidate with the support of IBB and the rest was history. His cubicle is still there till today and those who used to be femi otedola's friends. They're still engaged with the printing press in that place till today. Most of these guys later went to school to stay relevant when the money came.

I'm well-educated, traveled internationally and connected with prominent folks in Nigeria. I know you also often say you have traveled internationally and you ALWAYS have issues with Tinubu based off of largely unfounded speculations. BUT there are loopholes in that ORIGINAL narrative of yours and this current one I'm replying to.

First off, Mrs Folorunso Alakija is paternally from Ikorodu (the Ogbara family) NOT Osun State like you told someone on this thread. Fact check that. YOU also emphatically said she was a tailor that couldn't have had access to connections to get an oil and gas license BUT I had to let you know that Folorunso Alakija of the OGBARA family of Ikorodu, worked as a banker with IMB on Victoria Island hence she has a professional knowledge as well. She was also born into a wealthy family and has brother and sisters who are professionals who she co-opted into her FAMFA Oil operations back in the 1990s. She didn't do it alone because you have to have technical and professional knowledge to dabble into oil and gas. A lot of people such as the Ibadan-born multimillionaire Kase Lawal of CAMAC Group who ALSO got a deep offshore licence didn't succeed in finding commercial quantities of oil and gas and the MKO Abiola family through their Summit Oil operations had problems with Sani Abacha crippling their operations due to the June 12, 1993 election struggles.

Second, Mike Adenuga was NOT introduced to IBB by Mariam. He wasn't even a taxi driver in the United States when he knew IBB. That taxi driver job was just for extra income. He had his own established business then before applying for that deep offshore licence. The Awujale Oba Sikiru Adetona and Michael Adenuga are maternally FIRST cousins so he is from a prominent lineage.

Third, Aliko Dangote came to Lagos from Kano in 1977 and was given a whopping N500,000 by his mother's father Alhaji Dantata (who is of "Agalawa" or Tuareg long-distance trading settler origin in Kano and Katsina. The Agalawas of Tuareg ethnic origin are ORIGINALLY from Northern Mali and Niger Republic). Even the Yar'Adua family are of Tuareg origin of Niger Republic and Northern Mali (NOT Hausa or Fula like some ignorant people like to claim).

That N500,000 is what gave Aliko Dangote the headstart in the world of commodities importation and trading in Nigeria.


Fourth, Sir. Michael Otedola who is an indigene of Epe, Lagos State himself worked at a senior management level with Chevron, so he was very comfortable and weathy. My cousins' father from the same Epe was a Commissioner in Sir. Michael Otedola's Lagos State Government back in the 1990s and the Otedola fam is known to me. Yes, Femi Otedola was into printing like you said.

Last but NOT least, we all have to be very careful with helping to push around unverified second-hand or third-hand stories told and retold about others BECAUSE they tend to be highly embellished with the "Dem say, dem say" or "Won so wipe" innuendos that are highly defamatory. The tales of d*rug allegations against Tinubu while he was still a student or after graduating in ChiTown (Chicago) MUST be treated with utmost caution.

The United States Government in 1993 had already exonerated the then Senator Bola Tinubu of any drug links, and the United States Embassy in Lagos in 2002 through Mr. Michael Bonner, the then Legal Attache CLEARLY stated that the then Governor 'Bola Ahmed Tinubu of Lagos State has NEVER been arrested on United States soil and has NO criminal records based on the information in the Federal Bureau of Investigation (FBI's) National Crime Information Center (NCIC) database which contains the list of names of all criminals in the ENTIRE U.S. modern history has NEVER had Bola Tinubu's name in it.


Right BELOW are 2 links to the official United States Embassy Lagos document of 2002 that Micheal Bonner, the then Legal Attache used to CLEAR Bola Tinubu of any criminal drug charges:
https://www.thecable.ng/the-obsessions-of-david-hundeyin/amp


Tinubu NOT a Drug Baron. David Hundeyin Lied
https://www.nairaland.com/7589449/tinubu-not-drug-baron-david



The now President Bola 'Ahmed Tinubu ONLY forfeited $460,000 out of the $1.8 million in his 8 United States checking accounts due to a backlog of unpaid taxes on his investments linked to those bank account which Bola Tinubu had protested the freezing of his bank accounts. If 'Bola Ahmed Tinubu was ever a dr*g baron like these creeps have been peddling around, the United States would have thrown Tinubu right into jail after court trials like they did to General Manuel Antonio Noriega of Nicaragua who was removed in January 1990 as the military dictator or Heads-of-State and flown by U.S. DEA to face justice. I watched the invasion of Panama by United States Military forces in December 1989 live and by January 1990, Noriega had been smoked out of his hiding place and flown to face justice on United States soil. The United States does NOT do plea bargaining with drug barons. Period.



Tinubu NOT a Drug Baron. David Hundeyin Lied
https://www.nairaland.com/7589449/tinubu-not-drug-baron-david

https://www.thecable.ng/the-obsessions-of-david-hundeyin/amp

AlphaTaikun:
I'm well-educated, traveled internationally and connected with prominent folks in Nigeria. I know you also often say you have traveled internationally and you ALWAYS have issues with Tinubu based off of largely unfounded speculations. BUT there are loopholes in that ORIGINAL narrative of yours and this current one I'm replying to.

First off, Mrs Folorunso Alakija is paternally from Ikorodu (the Ogbara family) NOT Osun State like you told someone on this thread. Fact check that. YOU also emphatically said she was a tailor that couldn't have had access to connections to get an oil and gas license BUT I had to let you know that Folorunso Alakija of the OGBARA family of Ikorodu, worked as a banker with IMB on Victoria Island hence she has a professional knowledge as well. She was also born into a wealthy family and has brother and sisters who are professionals who she co-opted into her FAMFA Oil operations back in the 1990s. She didn't do it alone because you have to have technical and professional knowledge to dabble into oil and gas. A lot of people such as the Ibadan-born multimillionaire Kase Lawal of CAMAC Group who ALSO got a deep offshore licence didn't succeed in finding commercial quantities of oil and gas and the MKO Abiola family through their Summit Oil operations had problems with Sani Abacha crippling their operations due to the June 12, 1993 election struggles.

Second, Mike Adenuga was NOT introduced to IBB by Mariam. He wasn't even a taxi driver in the United States when he knew IBB. That taxi driver job was just for extra income. He had his own established business then before applying for that deep offshore licence. The Awujale Oba Sikiru Adetona and Michael Adenuga are maternally FIRST cousins so he is from a prominent lineage.

Third, Aliko Dangote came to Lagos from Kano in 1977 and was given a whopping N500,000 by his mother's father Alhaji Dantata (who is of "Agalawa" or Tuareg long-distance trading settler origin in Kano and Katsina. The Agalawas of Tuareg ethnic origin are ORIGINALLY from Northern Mali and Niger Republic). Even the Yar'Adua family are of Tuareg origin of Niger Republic and Northern Mali (NOT Hausa or Fula like some ignorant people like to claim).

That N500,000 is what gave Aliko Dangote the headstart in the world of commodities importation and trading in Nigeria.


Fourth, Sir. Michael Otedola who is an indigene of Epe, Lagos State himself worked at a senior management level with Chevron, so he was very comfortable and weathy. My cousins' father from the same Epe was a Commissioner in Sir. Michael Otedola's Lagos State Government back in the 1990s and the Otedola fam is known to me. Yes, Femi Otedola was into printing like you said.

Last but NOT least, we all have to be very careful with helping to push around unverified second-hand or third-hand stories told and retold about others BECAUSE they tend to be highly embellished with the "Dem say, dem say" or "Won so wipe" innuendos that are highly defamatory. The tales of d*rug allegations against Tinubu while he was still a student or after graduating in ChiTown (Chicago) MUST be treated with utmost caution.

The United States Government in 1993 had already exonerated the then Senator Bola Tinubu of any drug links, and the United States Embassy in Lagos in 2002 through Mr. Michael Bonner, the then Legal Attache CLEARLY stated that the then Governor 'Bola Ahmed Tinubu of Lagos State has NEVER been arrested on United States soil and has NO criminal records based on the information in the Federal Bureau of Investigation (FBI's) National Crime Information Center (NCIC) database which contains the list of names of all criminals in the ENTIRE U.S. modern history has NEVER had Bola Tinubu's name in it.


Right BELOW are 2 links to the official United States Embassy Lagos document of 2002 that Micheal Bonner, the then Legal Attache used to CLEAR Bola Tinubu of any criminal drug charges:
https://www.thecable.ng/the-obsessions-of-david-hundeyin/amp


Tinubu NOT a Drug Baron. David Hundeyin Lied
https://www.nairaland.com/7589449/tinubu-not-drug-baron-david



The now President Bola 'Ahmed Tinubu ONLY forfeited $460,000 out of the $1.8 million in his 8 United States checking accounts due to a backlog of unpaid taxes on his investments linked to those bank account which Bola Tinubu had protested the freezing of his bank accounts. If 'Bola Ahmed Tinubu was ever a dr*g baron like these creeps have been peddling around, the United States would have thrown Tinubu right into jail after court trials like they did to General Manuel Antonio Noriega of Nicaragua who was removed in January 1990 as the military dictator or Heads-of-State and flown by U.S. DEA to face justice. I watched the invasion of Panama by United States Military forces in December 1989 live and by January 1990, Noriega had been smoked out of his hiding place and flown to face justice on United States soil. The United States does NOT do plea bargaining with drug barons. Period.



Tinubu NOT a Drug Baron. David Hundeyin Lied
https://www.nairaland.com/7589449/tinubu-not-drug-baron-david

https://www.thecable.ng/the-obsessions-of-david-hundeyin/amp

If I made mistakes,I always admit cos nobody has the monopoly of knowledge. Mrs Alakija isn't from Osun, I just called my contact, a retired col.who served under IBB to confirm. Her husband, modupe, though he claimed lagos like tinubu,ambode and co had done, is a bonafide son of the osun soil only his wife is from ikorodu. By the way, you keep using such words as denigrating or defaming? Be guided, nobody is defaming anyone and all it said was a statement of fact about her rising to stardom. Someone must lift someone. Did i say she's a bad person? Read what happened when obasanjo wanted to revoke her licence then, you'd know the history of how she came about the oil licence and her background. Obj thought due process wasn't followed but mama won the case.

That said, you said dangote was handed over a sum right? That's what they always want people like you to hear once they have made it, to make your likes believe they truly met money at home. Only unlce Femi otedola told the truth about his background,though he sugar-coated the father's business a little and it's expected as big man don come. i had shared it here long before he made the revelation cos I'm always with those who grew up with him. I went to his childhood place to even print my late mum's burial ceremony programme last year September. The nonagenerian who knew dangote better had said it all. It was Alh maitama, his cousin who linked him with the NPA ijeshatedo where they both lived, isn't far from apapa. The mama herself, a highly educated woman and a retired head of nursing told me this. He made it big at Onne port too.

Even though Adenuga was related to the late awujale, how does that translate into riches to him? Why didn't he go beyond secondary school before meeting maryam babangida who helped him, if truly he was from a so called wealthy home? His likes should have been schooling at havard or Oxford...or worst case, a graduate of UI, instead of the so called side hustle taxi job he was doing. Think about it. 70% of Adenuga's investments belong to IBB, same way dangote is fronting for the likes of Obasanjo. The ibese giant cement plant is owned by Obasanjo but under dangote's management. You'd never see obj's name linked to it.

You said tinubu isn't a drug baron abi? Can you explain why anyone would willingly agree to forfeit just 100 usd of his hard-earned money to the government authority, not to talk of over 400k usd, just like that? This wasn't about hundeyin, the facts are there and tinubu didn't deny it either. He only said he didn't know he had such an amount in his account though those guys always deposited the money there without his consent...and such lies can only get someone like you who has claimed to be well-traveled. During my days in Buffalo NY as a student, my statement was always in my firm reach, which showed how much I had left in my acct and how much I had spent....you mean tinubu pretended not to see all these in his statement ? Always defend with decorum naw. Of course, he was let go after he had agreed to forfeit the money being drug proceeds cos that was the agreement...forfeit and no case. If he truly owned that money legitimatly , he'd have fought with his last blood.Did he also find himself in the company of those drug peddlers apartment by default? Even if people lie a hundred times, the conscience will always counter it once.

PWANMaxGroup:
Would she have won the case over the current government in the present-day Supreme Court?

Just the angle I was looking for. This tells you how horrible APC has destroyed this country.

P

Stevosty:
She saw an opportunity, took it, and stood by it till it becomes success, but this blindness thing I am reading is not so comforting.

You don't understand the question. You have to grow to a particular level to be able to muster the leverage to bid for an oil well. The unspoken leverage was that she wasx Mariam Banbangida"s seamstress. Period. Connect the dots.
Nonetheless, she is truly an amazon.

Wotowotoman:
Guy, abeg no lie. You pass English for WAEC? 🤔

😁 😁 😁 😁 😁 😁 😁 😁 😁
I no pass am ooooo... May God grant her sound health.

Eriokanmi:
If I made mistakes,I always admit cos nobody has the monopoly of knowledge. Mrs Alakija isn't from Osun, I just called my contact, a retired col.who served under IBB to confirm. Her husband, modupe, though he claimed lagos like tinubu,ambode and co had done, is a bonafide son of the osun soil only his wife is from ikorodu. By the way, you keep using such words as denigrating or defaming? Be guided, nobody is defaming anyone and all it said was a statement of fact about her rising to stardom. Someone must lift someone. Did i say she's a bad person? Read what happened when obasanjo wanted to revoke her licence then, you'd know the history of how she came about the oil licence and her background. Obj thought due process wasn't followed buy mama won the case.

That said, you said dangote was handed over a sum right? That's what they always want people like you to hear once they have made it, to make your likes believe they truly met money at home. Only unlce Femi otedola told the truth about his background,though he sugar-coated the father's business a little and it's expected as big man don come. i had shared it here long before he made the revelation cos I'm always with those who grew up with him. I went to his childhood place to even print my late mum's burial ceremony programme last year September. The nonagenerian who knew dangote better had said it all. It was Alh maitama, his cousin who linked him with the NPA ijeshatedo where they both lived, isn't far from apapa. The mama herself, a highly educated woman and a retired head of nursing told me this. He made it big at Onne port too.

Even though Adenuga was related to the late awujale, how does that translate into riches to him? Why didn't he go beyond secondary school before meeting maryam babangida who helped him, if truly he was from a so called wealthy home? His likes should have been schooling at havard or Oxford...or worst case, a graduate of UI, instead of the so called side hustle taxi job he was doing. Think about it. 70% of Adenuga's investments belong to IBB, same way dangote is fronting for the likes of Obasanjo. The ibese giant cement plant is owned by Obasanjo but under dangote's management. You'd never see obj's name linked to it.

You said tinubu isn't a drug baron abi? Can you explain why anyone would willingly agree to forfeit just 100 usd of his hard-earned money to the government authority, not to talk of over 400k usd, just like that? This wasn't about hundeyin, the facts are there and tinubu didn't deny it either. He only said he didn't know he had such an amount in his account though those guys always deposited the money there without his consent...and such lies can only get someone like you who has claimed to be well-traveled. During my days in Buffalo NY as a student, my statement was always in my firm reach, which showed how much I had left in my acct and how much I had spent....you mean tinubu pretended not to see all these in his statement ? Always defend with decorum naw. Of course, he was let go after he had agreed to forfeit the money being drug proceeds cos that was the agreement...forfeit and no case. If he truly owned that money legitimatly , he'd have fought with his last blood.Did he also find himself in the company of those drug peddlers apartment by default? Even if people lie a hundred times, the conscience will always counter it once.

First off, you didn't properly read my post in the LAST paragraph where I CLEARLY stated that the 460,000 USD was forfeited as of 1993 for a backlog of UNPAID TAXES on investments linked to his 8 United States checking accounts containing a total of 1.8 million USD while the rest of the balance out of that 1.8 million USD was returned to Tinubu's checking accounts. If Tinubu was involved in hard drugs trafficking ALL the $1.8 million in those 8 bank accounts and MORE of his U.S. assets would have been confiscated from him. Tinubu himself knew he had a backlog of TAXES to pay on his investments but he had to contest it and forfeited or paid what he owed. Is it too difficult for you to understand this FACT or point?

It's illegal to NOT pay taxes as and when due in the United States or MOST countries of the world and that's what Tinubu's 460,000 USD forfeiture was for NOT for hard drugs or for him being a baron and these creeps keep spinning the story around. The United States does NOT do plea bargaining with drug barons and their associates! I'm way over 50 years of age (headed to my 60s) and I'm telling you the crystal CLEAR FACTS about 'Bola Tinubu. I'm NOT his biggest fan at all (because he forgives people too easily and ends up appearing weak which isn't good for any world leader). BUT I also detest those who deliberately tell highly IRRESPONSIBLE LIES against Tinubu and others because I've been a victim too. I hate it when a person put up narcissist views, misogynistic perspectives, and relentlessly tell LIES.


Second, technically speaking, many Yoruba families in all the Yoruba-speaking areas of Benin Republic, Togo, and Yoruba-speaking States right up to Kwara, Kogi, parts of Edo such as Usen, Egbeta, Utese, and parts of Delta like the Itsekiri and Olukumi area of Aniocha North have Osun State migratory descent via the modern Ile Ife of today. BUT in reality, Modupe Alakija is of the famous Alakija royal family of Abeokuta in Ogun State but like some Yoruba returnee descendants of the late 1800s from Brazil, Sierra Leone, United States via Liberia, Cuba, etc, they claim Lagos Island today instead of their Ijesa, Oyo, Egba, Ekiti, Yewa, Owu, etc, homelands in the Yoruba interior. The founder of the hugely popular "Daily Times" newspaper, Sir Adeyemo Alakija) was descended from Egba-Yoruba returnees if royal family descent from Bahia, in Brazil. His original Brazilian name was Placido Asumpcao BUT when he returned from his law studies in London in the 1910s where he became the FIRST EVER Queen's Counsel (QC) of Nigerian origin, he changed his names fully to Adeyemi Alakija. So, Sir Adeyemi Alakija is the patriarch of the Alakijas including Modupe Alakija who is Mrs. Folorunso Alakija spouse.


Third, did Aliko get N500,000 as a gift in 1977 to invest in his personal business from his very wealthy grandfather who just passed on in 2025? YES, he did! Aliko Dangote's biological mother is a direct descendant of the Dantata family. As of when Alhassan Dantata, Aliko Dangote's maternal great grandfather died on August 17, 1955, Alhassan Dantata was the richest man in Nigeria and West Africa due to his vast interests in trading and his first-mover access to the natural wealth of the Old Northern region. That's a pure FACT of history. NOT even the wealthiest Yoruba or Ijebu multi millionaires such as the Odutolas (Jimoh Odutola and Samuel Odutola), or Bank-Anthony came close in terms of wealth. Time Magazine did a story on the wealthy Nigerian businessmen of the early 1960s and the Dantata family came tops. There was of course NO Forbes-listed USD billionaires or Bloomberg Billionaires Index-listed USD billionaires as of the 1960s to value the individual assets of these business moguls.


https://en.wikipedia.org/wiki/Alhassan_Dantata

How Alhassan Dantata became West Africa's Richest Man in the 1950s

https://www.youtube.com/watch?v=sYG9GdMyp44?si=DqQ9orbnvW-dOR_m
HistoryVille • Nov 13 2021

Alhassan Dantata: Dangote’s Great Grand Father who Became the Richest Man in Africa

https://www.youtube.com/watch?v=RC4DhhEBCk4
Back in History •

10 Richest Men in Colonial Nigeria

https://www.youtube.com/watch?v=eLWe5vnfuYQ
HistoryVille •


Last but NOT least, as for Otunba Michael Adeniyi Adenuga, it's well-documented that he made his FIRST EVER 1 million in 1979 at 26 years after returning from his Uni studies in the United States. As of 1975, Otunba Michael Adeniyi Adenuga was already a very brilliant student of North Western Oklahoma State University and a friend Dele Giwa in the United States as students. Otunba Michael Adenuga was already a brilliant graduate from two American Universities (He got his first degree in Business Administration from North Western Oklahoma State University and got his MBA from Pace University, in New York) LONG before he even knew Ibrahim Badamasi Babangida or Mariam Babangida. That's the thrust of my point here (which I've always known right from the 1990s), as further affirmed in the 3 news articles right BELOW.


[1]https://nairametrics.com/2020/11/22/mike-adenuga-the-journey-from-petty-trade-to-conoil-and-glo/
Fate smiled on him, and thanks to his numerous hustles, he made his first million in 1979 at the age of 26, and has not stopped since then. He went on to start and invest in several businesses over the years, growing his wealth to become one of the richest men in Africa.

Conoil
Adenuga saw the potentials of the booming oil industry in Nigeria and started applying for a license in the late ’80s.

[2]https://punchng.com/mike-adenuga-a-business-colossus-with-touch-of-gold/


[3]https://www.vanguardngr.com/2024/05/mike-adenuga-a-septuagenarian-like-a-mighty-oak-life-as-a-destined-journey/
After a sterling performance in his Secondary School Certificate Examination, Micheal Adeniyi Adenuga proceeded to Comprehensive High School, Ayetoro, Ogun State for his Higher School Certificate (HSC). Comprehensive High School, Ayetoro was established in 1963 by the United State Agency for International Development (USAID), the Ford Foundation, the defunct Western Region Government, through the ideas of the founding fathers, Chief B. Shomade and Dr. Adams Skepson. He did very well in his A-level studies, and proceeded to the United States of America for further studies. He attended Northwestern Oklahoma State University and Pace University, New York, with degrees in Business Administration. Whilst in America, as an undergraduate, he drove taxi cab to augment his income to support his university education aside from parental supports from home.

After completion of his university education, a world of business in Nigeria attracted him, having been a son of a very successful business woman, Chief Mrs. Juliana Oyindamola Adenuga. He came back to Nigeria to follow the footsteps of his hugely successful business woman mother by selling soft drinks and lace materials amongst many other business ventures, and made his first million at a young age of 26 years. In his early days, Mama Adenuga had shown her children (Olu, Folashade, Ademola, Yetunde and Mike Adenuga) the way of commerce. According to Mike’s immediate senior sister, Chief Mrs Yetunde Olubunmi Adegbola, “We all remember selling special bags mama brought from London, and sold by all the children with Niyi making more profit than all of us. We didn’t actually come from a poor family, the money was there, but our parents made us to work and value hard-work and money. We were made to appreciate money; that it is not easy to get money. In those days, Niyi was a very good footballer as a child. They called him goalkeeper. Our mother made us to hawk chaff after school. I would go and hawk mine, he would be playing football, after selling mine, I would come and take his and help him to sell”.

Money is like a ravishing vapor, whenever it smiles on you, you must hold it with a hand of steel, hence it disappears, beautifully conceptualized in Yoruba myth as “Alejo lowo”. Mike did just that, following the Adenuga’s philosophy of money and financial husbandry and made it when mother luck smiled on him. As soon as Mike Adenuga completed his studies in the United States, he returned to Nigeria. Mama Adenuga was fully entrenched in business and it was under Mama’s tutelage that he began trading. Mike Adenuga began by selling removable car stereos, ran the family sawmill factory in Ogun State, grew the business, and included importation of sawmill equipments, most especially, CD machine’s bandsaws, circular machines, etc. He also veered into importation of beer and lace materials (fabrics) where he made it big. It was a business he picked up through chance, destiny and mother luck. He had missed his British Airways flight when returning home from a trip in the United States and had to fly Swiss Air. On the flight, he was lucky to sit next to the owner of one of the biggest lace manufacturing companies in Austria. It was the man who convinced him before the flight touched down to give lace importation a shot. He took his advice and he made it big. He also later ventured into tomato puree and vegetable oil.

Micheal Adenuga at the age of 26 years had seen success and made money, which he wanted to sustain. He decided to re-brand and reshape his business enterprise into a conglomerate – Micheal Adenuga Group of Companies, where he is the chairman. Trading, importation, banking & finance, oil & gas, real estate, investments in critical sectors of the economy and all sorts were his avidity.

General Ibrahim Babangida as the President of Nigeria at a time, decided to break the monopoly of foreign operators in the oil and gas business in Nigeria by encouraging indigenous operators to come on board and apply for license. Micheal Adenuga applied for one (Mike Adenuga’s company) – Consolidated Oil applied and was granted some oil blocs. It was a very risky and novel decision that even the business guru mentor, his mother, Mama Oyin Adenuga advised against throwing money into the Atlantic. Mike’s company spent over $100million on evaluation, interpretation and drilling. This courage, tenacity, aciduity and audacity paid off at the long run, nothing ventured, nothing gained. This unique courage paid when Consolidated Oil became the first Nigerian company to explore, discover, and produce oil in large commercial quantities, now known as Conoil Producing Limited, which is currently the leading Indigenous oil and gas exploration and producing company in Africa.


Mike Adenuga’s venture into the oil and gas sector became successful as one of the wells that was being drilled struck oil on Tuesday, December 24, 1991 making his company the first Indigenous company to discover oil in commercial quantities.

Before the advent of Consolidated Oil, Micheal Adenuga had also forayed into the banking sector by founding and promoting Equitorial Trust Bank Nigeria Limited and Devcom Merchant Bank Nigeria Limited. In the year 2000, Micheal Adenuga’s Consolidated Oil bought over National oil of the Federal government by acquiring majority shares and renamed the company “Conoil Plc” after injecting fresh funds. Conoil Plc has over 450 retail outlets all over the country. Interestingly, Senator Abiola Ajimobi (Late.) (former Governor of Oyo State) before he ventured into politics was once Managing Director of National Oil and Conoil Plc respectively.

Source:
https://www.vanguardngr.com/2024/05/mike-adenuga-a-septuagenarian-like-a-mighty-oak-life-as-a-destined-journey/

OverCalculating:
Folorunsho Alakija did not study Geology.

​She started as a Secretary. Then she became a Fashion Designer.

Yet, she beat the global oil giants at their own game.

​Most people think she just "got lucky" with an oil license.

But the truth is, she used a strategy called The "Rejected Stone" Advantage.

​Here is what happened:
​
In the 90s, she applied for an oil license.

The powers that be gave her OPL 216.

​They didn't give her this block because they liked her.

They gave it to her because nobody else wanted it.

It was "Deep Offshore" (Deep Water).

At that time, the technology to drill that deep was expensive and risky.

The big companies (Shell, Mobil) wanted the easy, shallow water.

​They thought they gave her a "useless" paper.

She saw a "Golden Ticket."

She knew she didn't have the billions to drill.

But she had the Rights.

She approached Texaco (now Chevron).

She told them: "I have the access. You have the technology. Let's work."

​She didn't try to dig with her hands. She used her "Paper" as equity to attract a giant.

This is the most important lesson.

When they finally struck oil (the massive Agbami Field), the Government was shocked at the volume.

They got jealous.

The Government tried to use a decree to forcefully take back 50% of her stake.

​Most people would have bowed to the Federal Government out of fear.

Alakija sued them.

​She fought the Federal Government in court for 12 years.

She refused to settle. She refused to be bullied.

Eventually, the Supreme Court ruled in her favor, restoring her full stake.

​Why am I telling you this?

​Don't despise the "Hard" road:

Just because an opportunity looks difficult (Deep Water) doesn't mean it's bad.

That is often where the biggest treasure is hidden.

​Defend your Value: In business, creating wealth is one thing.

Keeping it is the real war.

You must have the audacity to fight for what is yours, even if you are fighting a Giant.

​She went from sewing clothes to owning one of the most prolific oil blocks in Africa.

Not by luck. But by Grit.

​Nairalanders! I hope you learnt something today.

Stop all these rigmarole. Babangida bypassed all protocols, competition, fair and open process for whatever other reason only he IBB knows to give her the oil blocks and you call that success or hardwork or are you just clowning on nairaland today?

OneCandleAway:
It's only human to want to see evidence.

Everybody don't live their life on social media and they don't owe anybody any explanation.


You need to understand that.

DeepSight:
+
My family life is just fine, and you dont know me or her to presume. Or do you think everyone who is not Alakija has not done well?

I should be asking you that.

And since your family is doing well how many percent did your mother contribute and why didn't she become Rice like Alakija?

Una go just open mouth waaaaaa..... because of pepper Body metcheeeeeeeew....