Prof. Olusola Adeyeye Slams Dangote’s ₦8 Billion Donation, Speaks on Tinubu-Aregbesola Rift

During the IBB Books launch, Professor Olusola Adeyeye expressed strong criticism of Aliko Dangote’s ₦8 billion donation, warning that Nigerians would ultimately bear the cost through increased product prices. Aliko Dangote donated ₦8 billion; we are going to pay for it when he starts selling his products to the public. All he has to do is add 4 to 5 naira, and in the end, we are going to pay for it.” – Prof. Olusola Adeyeye condemns Dangote’s donation at the IBB Books launch.
He argued that while the donation appeared generous, Dangote could easily recover the funds by adding a small price increment on his goods, making consumers indirectly pay for his philanthropy.

Adeyeye’s statement has reignited discussions on corporate responsibility and pricing transparency. Critics argue that monopolistic businesses often use donations to boost public perception while subtly shifting financial burdens to consumers. The controversy raises questions about the ethics of corporate philanthropy in Nigeria’s economy.

The Hidden Economics Behind Corporate Philanthropy

Adeyeye’s remarks highlight concerns about how corporate donations are financed. Economists warn that businesses rarely absorb such costs without adjusting pricing strategies. If Dangote raises the price of cement, sugar, or other essential goods, the public could end up paying far more than what was donated.

This raises a fundamental question: Should Nigerians celebrate or scrutinize such large-scale philanthropy? Adeyeye’s warning suggests that donations from business moguls should be analyzed carefully to ensure they do not translate into long-term economic burdens for consumers. His stance has prompted fresh debates on the need for regulatory measures to prevent hidden price hikes linked to corporate charity.

“Aregbesola Will Never Harm Me” – Tinubu’s Unshakable Trust in His Ally

“If you want to get between Aregbesola and Tinubu, you’ll fail; they are so close that I was at a meeting where Tinubu said that if you see him sleeping and you see Rauf coming with a dagger or a knife, don’t wake him—Rauf will never injure me.” – Prof. Olusola Adeyeye reflects on the strong bond between the two political figures.

Despite widespread speculation about a rift between President Bola Tinubu and former Minister of Interior Rauf Aregbesola, Adeyeye affirmed that their relationship remains solid. He recalled Tinubu’s unwavering trust in Aregbesola, emphasizing that attempts to drive a wedge between them would not succeed. His statement contradicts reports suggesting lingering tensions between the two APC leaders.

Olusola Adeyeye’s Mediation Efforts Between Tinubu and Aregbesola

Professor Adeyeye disclosed that he has personally made multiple attempts to reconcile Tinubu and Aregbesola amid claims of political fallout. As an experienced politician, he understands the importance of unity within the APC and has actively worked to bridge any divides between the two leaders.

While acknowledging past disagreements, Olusola Adeyeye remains confident that Tinubu and Aregbesola will always find a way back to mutual understanding. He stressed that their long-standing political history and shared vision for Nigeria make an irreparable split highly unlikely. His mediation underscores the necessity of fostering political cohesion in the country’s leadership.

Public Reactions: Corporate Accountability and Political Loyalty

Olusola Adeyeye’s remarks have sparked heated debates across social media and political circles. Many Nigerians support his critique of Dangote’s donation, agreeing that consumers should not bear the indirect costs of corporate philanthropy. Some have called for greater transparency in business donations to ensure they do not lead to hidden price hikes.

Similarly, his comments on the Tinubu-Aregbesola relationship have fueled discussions on loyalty in Nigerian politics. While some view their alliance as a pillar of APC’s strength, others argue that internal conflicts should be openly addressed rather than downplayed. The mixed reactions highlight the public’s growing demand for transparency in both business and governance.

The Future of Corporate Donations and Political Alliances

Adeyeye’s statements raise crucial issues about the intersection of corporate influence and political loyalty. With Nigeria facing economic challenges, increased scrutiny of major donations may push for regulatory policies ensuring that such acts do not translate into consumer exploitation.

On the political front, the Tinubu-Aregbesola dynamic remains a key factor in APC’s internal structure. Olusola Adeyeye’s perspective suggests that reconciliation is not only possible but necessary for party unity. As one of the few figures actively working to mend political relationships, his role could prove instrumental in shaping Nigeria’s political future.