The late elder statesman and former Ohanaeze Ndigbo President-General, Chief (Engr. Dr.) Emmanuel Iwuanyanwu, has left behind a final Will that includes a controversial clause: his wife, Lolo Frances, is barred from remarrying.
The Will, released on June 16, 2025, and managed by its administrator, Chief Chukwuma Ekomaru (SAN), outlines the distribution of the billionaire businessman and politician’s estate among immediate family and select beneficiaries.
One of the most notable inheritances is the “Legacy House” on Port Harcourt Road, Owerri, which was left to Frances. However, the Will states that the property must never be sold. In addition to the residence, Frances inherited ownership of Magil Furniture—formerly managed by Iwuanyanwu’s late first wife, Eudora—and partial rights to real estate assets located in Orji, Works Layout, and Naze in Imo State.
But these benefits come with a strict condition: should Frances remarry, she will automatically forfeit all the properties bequeathed to her.
Their son received the Abuja home, while the London property is to be sold. The proceeds from that sale are to be distributed as follows: 60% for the education of the youngest son, 30% to the first son, Jide, and 10% to Ezinne—who currently resides in the London residence—to assist her in finding a new home.
Among the late philanthropist’s most enduring legacies is the conversion of the “Glass House” near the Orji flyover into a public trust. The structure will be administered by an independent board, with a mandate to support charitable and community projects.
Other valuable assets spread across Abuja, Imo, and elsewhere in Nigeria were equitably distributed among Iwuanyanwu’s five children, who described their father’s parting wishes as “honorable and just.”
By Jake Clifford
