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Reading: Still on the N500m lie… Intrigues as Bola Shagaya dusts off elaborate frame-up
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Still on the N500m lie… Intrigues as Bola Shagaya dusts off elaborate frame-up

November 6, 2016
3 Min Read

• Oil magnate berates newspaper for publishing falsehood against her, says EFCC never froze her account
• Her ‘lawyers will get in touch with Punch’

You can tell what effect Hajia Bola Shagaya has on her enemies by the dastardly plots they hatch against her. Shagaya frightens her enemies. That is why they desperately seek her downfall. Like angry runts seeking to fall a champion gladiator, men and women living in awe of Bola’s shadow, have resorted to desperate measures.

Findings revealed that the claim by Punch Newspaper that her account in Unity Bank with balance of N500,000,000 has been frozen, is untrue. In a nutshell, Bola was caught in a vicious web of lies perpetrated by her enemies to dent her reputation.

According to her “The report is false, no agency has frozen my account. My lawyers will get in touch with Punch Newspaper today. This is not fair at all. I have not done any dirty deals with anybody in all of my 32 years in business”.
But what crime could Shagaya have committed that would make her the target of such criminality? Perhaps it’s due to her uprightness that she became the victim of the attack.

By the time the dust settles on their web of lies, Shagaya’s hard earned reputation will remain intact, to their consternation perhaps.

To her staff, family, friends, beneficiaries and other loved ones, her smiles have been their anchor, her shoulders their rampart of comfort. The towering grace of billionaire businesswoman, Hajia Shagaya glitters far beyond the sparkle of polished diamonds.

She is the darling of her peers, and even the younger generation love to be around her.

They consider her a friend, benefactor, confidant and mentor to mention but a few. But even at that, she is hardly given to fickle idolatry, unlike most of the women she shares the right to acclaim and celebrity status with.
Hajia Bola Shagaya (MON) was born on the 10th of October, 1959. She hails from Ilorin, Kwara State but resides and conducts her business principally in Lagos.

She had her secondary school education at Queens school, Ilorin, and her tertiary education at Ahmadu Bello University, Zaria and Armstrong college in California, where she studied Economics and Accountancy. She has also attended a number of local and international seminars and workshops, including Harvard business school, United States.

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