If you open the hearts of virtually most top successful business and politician people in this country, you will be amazed at lots of bitterness caused by Obasanjo during his reign of power.
Among them is Africa’s telecoms giants, Dr. Mike Adenuga, the businessman who expressed his shock when the former President Olusegun Obasanjo categorically demanded the sum of N250 million, an equivalent of £1 million, from him as a donation towards the Presidential Library Project of the ex-President.
The 682-page biography, titled Mike Adenuga: Africa’s Business Guru and authored by the duo of distinguished journalists, Mike Awoyinfa and Dimgba Igwe, further revealed Obasanjo’s vindictiveness, and the humiliation suffered by Adenuga in the hands of the ex-President when the business titan embarked on a spirited-effort for the procurement of the license for his telecommunications business’ operation. “Okay, I would show you that I am playing God and kuku (ultimately) destroy you once and for all” said Obasanjo; a threat to which the frightened and weather beaten Adenuga replied with his knees crawling on the floors in Aso Rock and his palms stretched full length in the charged, steamy atmosphere: “Sir, I am your son. Please don’t be angry with me.” Obasanjo: “I should not be angry? Why should I not be angry? See you now. You would come and prostrate and when you leave here, tomorrow, you would go and be publishing your adverts, abusing me. No be so (Is that not true)?”
"It was revealed that MIKE paid N20 billion twice as charge for the licence to his proposed telecommunication business in Nigeria. There was much insinuations and speculations that MIKE was fronting for IBB during the licensing processing period. OBJ accepted the first payment but denied them the approval.
OBJ thought IBB was the original owner of GLOBAL and bent on denying him the license. MIKE sent Atiku to solicit in his behalf but OBJ molested him in his Aso Villa. Eventually, after lots of convictions, OBJ demanded for another N20B fee which he paid. Later, when he succeeded in the business, Chief Obasanjo has gut to demand N250M as donation for his presidential Library project..."
Meanwhile, Adenuga portrayed himself as an economic player with a sense of business brutality. This much he alludes to when he asserts in the book that “running a business is similar to leading a military operation or orchestrating a political campaign, or performing as a great athlete. The fundamental principles are the same. The overriding objective is to out-manoeuvre the opposing forces; to outsmart the other party; to outperform competition; to outwit the other guy-to achieve. This may sound harsh. But that’s the way it is.”
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