One year after the death of Billionaire Chief Emmanuel Iwuanyanwu, former President-General of the Igbo umbrella socio-political group, Ohanaeze Ndigbo, the content of his Will has been made public.
Iwuanyanwu included a condition in the Will: That his widow, Lolo Frances, would forfeit all assets willed to her should she choose to remarry.
Born 4th September 1942 and rated as one of the richest Igbo men in Nigeria, The Champion Newspapers Publisher died 25th July 2024 at the age of 81.
His first wife Eudora Nnenna Ozinyereaku died in 2011 before he married Frances Chinonyerem Enwerem in 2013.
Iwuanyanwu was 72 and she 26 years old.
The document, released through his Will Administrator, Chief Chukwuma Ekomaru (SAN), outlines the careful distribution of the late Elder Statesman’s assets among his wife, children, and selected beneficiaries.
According to a reliable source, Chief Iwuanyanwu bequeathed his Port Harcourt Road residence in Owerri—fondly referred to as “Legacy House”—to his wife, Lolo Frances.
In the Will, he expressly instructed that the property must never be sold.
Lolo Frances was also handed ownership of Magil Furniture, a business formerly operated by Iwuanyanwu’s late first wife, Eudora.
Additionally, she received shares in various landed assets located in Orji, Works Layout, and Naze—all within Owerri.
Her son inherited his father’s official residence in Abuja.
The family’s London property is to be sold, with 60% of the proceeds set aside for the education of Iwuanyanwu’s last son.
His first son, Jide, is to receive 30% of the sum, while 10% goes to Ezinne, who currently resides in the property, to enable her secure alternative accommodation.
The Will also stipulates that the Glass House near the Orji flyover be placed in a public trust, to be managed by a board of directors for charitable purposes.
Several other properties in Abuja, Imo, and other parts of the country were equitably distributed among his five children, who reportedly expressed joy and gratitude over their late father’s sense of fairness, honour, and compassion.
It was further revealed that 15 additional properties were not included in the final Will. Sources say the elder statesman may have been unable to finalize decisions regarding these assets due to the illness that eventually led to his death.
