Sholape Seriki, the widow of late Nigerian Ambassador to Spain Demola Seriki, has announced a N50 million gift from billionaire businessman Femi Otedola, as she faces an inheritance battle with her co-wife.
Otedola's Generous Support
In a video released on July 5, 2026, Sholape expressed her gratitude for Otedola's financial assistance, noting the long-standing relationship between her late husband and the Otedola family. She revealed that Demola Seriki's first political appointment as Commissioner for Sports was granted by Femi Otedola's father, Sir Michael Otedola.
Sholape said in the video: "Hello everyone, I just got a message from Mr Femi Otedola, my husband's friend. He just gave us N50 million. And it means a lot to us because my late husband's first political appointment was given to him by Femi Otedola's father, Sir Michael Otedola, as commissioner for sports. May his soul rest in peace."
Inheritance Dispute with Co-Wife
The support from Otedola comes shortly after Sholape publicly cried out about issues surrounding her late husband's estate. Demola Seriki passed away in 2022 after battling pancreatic cancer in Madrid, Spain. In a viral video, Sholape alleged that she received court documents from her co-wife, Wosilat Okoya, regarding properties belonging to their late husband.
Sholape claimed that Wosilat disregarded their husband's wishes, withholding properties and assets meant for her children, and attempting to take possession of the entire estate. She further alleged that documents relating to some properties and vehicles had been altered after her husband's death. Sholape insisted she has evidence to support her claims and called on her late husband to "judge the matter spiritually," while maintaining that the inheritance rightfully belongs to all of his children.
Public Reactions to Otedola's Gesture
Many social media users applauded Femi Otedola for his generosity. A user named fabulositee commented: "I'm crying, literally Thank you @femiotedola I don't know this lady personally but her story touched me. May we not know this kind of pain. For those of us going through something similar, God sits on the throne. Congratulations @princess_sholape_demolaseriki." Another user, ramzie_williams, said: "Thank you sir @femiotedola ... eku a s'oju, s'eyin, sir." Abimbolagabriela wrote: "God bless him, God will watch over you and the kids in Jesus name, I love Amani big smile she's pretty Mike mummy." Ogundipemargaret5 added: "God Almighty bless him in Jesus mighty name Amen." Hajia_bash said: "Thank you sir,@femi otedola,,more Blessings."
Background on Femi Otedola
Femi Otedola, a Nigerian billionaire businessman, has been in the news recently for other personal milestones. Legit.ng previously reported a heartwarming video showing how Otedola reacted after finding out he would become a grandfather. His third daughter, Temi, is expecting her first child with her singer husband, Mr Eazi. In the emotional video, Temi's husband cautioned his father-in-law as he rushed to hug his daughter.
