In a recent statement, Abdulmumuni Abiola revealed that his father, MKO Abiola, set aside £650,000 for his first four wives, offering insight into the family’s estate planning.
Abdulmumuni Abiola, a son of the late Nigerian billionaire and philanthropist Moshood Abiola, has revealed that his father left £650,000 to his first four wives in his will.
This was disclosed in a program called “Mic On Podcast,” hosted by Seun Okinbaloye, a presenter for Channels TV.
The programme’s video was released on Saturday.
A review of the late politician’s will revealed Simbiat, his first wife, received £300,000; Kudirat, his second wife, was allocated £150,000; Moriamo and Idiat—his third and fourth wives respectively—each were given £100,000.
Abdulmumuni, Kudirat Abiola’s son, criticized his older brother Kola for allegedly denying him and his sisters their rightful inheritance from their father.
He mentioned that the family had conducted a series of blood tests to determine which children of the late business mogul were legitimate heirs to his will.
When questioned about why some of Abiola’s children face hardships despite the vast wealth he left behind, Abdulmumuni explained, “Let me provide you with some context. We conducted blood tests to determine a list of eligible children. If you examine the will carefully and notice its methodical nature, it specifies each wife by name and allocates funds accordingly. For instance, I’d like to share that my mother was listed as number two (Kudirat Olayinka Abiola), and I believe she received £150,000.”
Back then, Kola pointed out that since my mum passed away before my dad, British law prevented him from releasing the £150,000 to us. He also mentioned that his own mother had died too and he didn’t receive the £300,000 intended for her. Yet it’s strange… Since he’s in charge of distributing the money—if he wanted to give us our share, he could have done so.
Abdulmumuni remembered that he and his siblings were struggling to make ends meet after losing their parents, stating, “Having those funds would have been helpful for us.”
Before we even realized it, Kola had secretly sold my mum’s apartment in the UK without informing my siblings. This clearly shows a deliberate attempt to impoverish my mum’s side of the family, and because of this, I doubt I’ll ever be able to forgive him.
Abdulmumuni remembered that at the age of eight, he and his siblings faced challenges to make ends meet in the United Kingdom.
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While one of his sisters styled braids for the locals, another toured various American universities to deliver speeches.
He observed that his brother Kola’s actions — including the sale of their mother’s UK apartment without handing over the proceeds and withholding her rightful share of the will — seemed like a calculated attempt to undermine someone. He further mentioned that while other wives of the late Abiola received what was due to them, Kola specifically targeted only his mother’s side.
The final section of the will, which concerned my well-being and circumstances, still hasn’t been dealt with. We couldn’t afford decent school shoes, so my sister took me to Payless. This puzzled me until I discovered that we owned an apartment in the UK that could have been rented out for income benefiting us both.
He lamented, “I’m telling you, my sister Kafilah used to braid hair so we could afford food. Meanwhile, Hafsah was giving speeches at universities across America when she was just 20 years old and had to fly all over the country just to earn $100 or $200.”
Their father, Abiola, was a successful businessman from Nigeria who was known for having multiple wives.
Abiola won the 1993 presidential election, but it was annulled by the military dictator, retired General Ibrahim Babangida.
He subsequently proclaimed himself president following the election results, but was later detained.
He passed away while in detention in 1998.
In 2018, to honor the late billionaire, former President Muhammadu Buhari shifted Nigeria’s Democracy Day from May 29 to June 12 and posthumously awarded him the nation’s highest honor, Grand Commander of the Federal Republic.
