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N45bn Debt: File a Claim if The Govt Owes You – Presidency to MKO Abiola’s Family

….Says it’s not Sule Lamido’s business

The Radarr by The Radarr
June 14, 2025
in News
Reading Time: 2 mins read
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N45bn Debt: File a Claim if The Govt Owes You – Presidency to MKO Abiola’s Family
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The Presidency has advised the family of the late Moshood Abiola to formally file a claim if they seek details regarding the reported ₦45 billion debt allegedly owed to them by the federal government.

The family’s request follows recent remarks by former Jigawa State Governor, Sule Lamido, who appealed to President Bola Tinubu to compensate the Abiola family as a step toward national reconciliation and justice.

Lamido reignited the long-standing controversy over the alleged debt, urging the federal government to pay the heirs of the late business magnate approximately ₦45 billion.

During the May 2025 launch of his memoir, Being True to Myself, in Abuja, Lamido claimed that Abiola’s company, International Telephone & Telegraph, executed significant telecommunications contracts for the military government in the 1970s but was never fully compensated.

Reacting to the renewed demand, a senior presidential official, who spoke to Punch on condition of anonymity said, the Abiola family could submit a formal claim if they possess sufficient evidence.

The presidency stressed that Lamido was not in a position to speak on behalf of the family. The source stated, “The children of MKO Abiola are still very much alive. The first son is alive. So, if there is any money the government is owing Abiola, let them file a claim. It is not for Sule Lamido to be saying this.

“Obasanjo was president for eight years. Why didn’t he pay it? President Buhari was there for eight years, why didn’t he pay? So, I don’t think it is Sule Lamido’s business at all.”

Meanwhile, a family member, Hafsat Abiola, on Friday expressed appreciation to the federal government for posthumously conferring the CFR national honour on her late mother, Kudirat Abiola.

She said, “There are no words to adequately express the depth of gratitude I feel at President Tinubu’s posthumous conferment of the merit of CFR on my mum, Kudirat Abiola.

“She was guided both by love and a sense of duty to defend her husband’s mandate, and to work with many across the country for the restoration of democracy. Yet, I have no doubt that she would have been overwhelmed with joy to be so honoured.”

 

Tags: Hafsat AbiolaKudirat AbiolaMoshood AbiolaSule Lamido
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