Family
Exclusive! Empire Under Fire: Oil, Weddings, Social Media Wars And The $43.51 Million That Split The Indimi Dynasty

In Nigeria’s rarefied world of oil billions, presidential in-laws and military aristocracy, family drama rarely stays behind guarded gates.
But when twin sisters Ameena and Zara Indimi secured a $43.51 million court victory against their father, billionaire oil magnate Mohammed Indimi, what had long been whispered in elite circles erupted into open confrontation.
This is the story of a dynasty under strain — where oil wealth meets family rebellion, and where victory in court may only be the beginning of a much longer war.
The $435 Million Question
At the center of the crisis is the sprawling fortune of Oriental Energy Resources, the offshore oil empire built by Indimi over decades.
Following earnings reportedly linked to about $435 million, dividends were declared.
Ameena and Zara said to have jointly controlled about 10% equity believed they were entitled to a significant payout.
Instead, they alleged that their shareholding was diluted during an internal restructuring exercise, effectively cutting them off from the dividend stream. They turned to the courts, arguing they had been unfairly stripped of economic rights.
The Federal High Court ruled in their favour, ordering the company to pay $43.51 million.
It was a thunderbolt in corporate Nigeria.
Yet, according to close family sources, the celebration may be premature.
Insiders insist the patriarch is far from finished.
They say Mohammed Indimi will appeal the judgment vigorously — potentially all the way to the Supreme Court — and is unlikely to accept the ruling without exhausting every legal option.
“This is not over,” one insider reportedly confided. “He will never agree to this quietly.”
If true, the twins’ courtroom triumph could become the opening chapter of a prolonged legal siege.
From Glamour to Gladiators
For years, Ameena and Zara were fixtures of high society fashion forward, widely traveled and unapologetically visible.
They were seen as the modern face of the Indimi fortune.
Now they are plaintiffs in a landmark shareholder battle.
Court filings painted a picture of internal corporate maneuvering, alleging pressure within the boardroom and share transfers that consolidated control at the top.
The lawsuit reframed the twins entirely:
Not merely heiresses — but minority shareholders invoking corporate law against their own patriarch.
The Wedding That Sparked a Cold War
The family’s tensions cannot be divorced from politics.
In 2016, Ahmed Indimi married Zahra Buhari, daughter of former President Muhammadu Buhari and former First Lady Aisha Buhari.
The union symbolized a powerful alliance between oil wealth and presidential influence.
But behind the glitter, friction reportedly brewed.
Society reports at the time suggested the twins were barred from participating in one of the wedding events over alleged unruly conduct a claim never formally detailed but widely discussed in elite circles.
Since then, observers say relations between the twins and Aisha Buhari have remained strained.
The dispute later spilled onto social media.
Posts attributed to the twins were interpreted by many as veiled and sometimes pointed criticisms of their father, their brother Ahmed, and even Aisha Buhari.
Screenshots circulated across blogs and WhatsApp groups, transforming a family disagreement into national spectacle.
For a dynasty accustomed to discretion, the public airing of grievances marked a dramatic cultural shift.
Private hurt had gone viral.
The Babangida–Rahama Chapter
Another thread in the unfolding drama links the Indimis to one of Nigeria’s most powerful political families.
Mohammed Babangida son of former military ruler Ibrahim Babangida — married Rahama Indimi in a union once seen as a consolidation of elite northern power.
That marriage later fractured publicly, with Rahama confirming separation and reports of custody tensions surfacing over time.
While Rahama is not involved in the dividend litigation, the dissolution of that alliance added to perceptions that the Indimi household was experiencing deeper internal tremors.
Oil wealth had once connected the family to Nigeria’s presidency and its military aristocracy.
Now those alliances appear more complicated.
A Battle of Generations
Close sources say the patriarch views the court ruling not simply as a financial demand but as a challenge to authority.
Those familiar with the family dynamic suggest he is determined to defend both his legal position and the structure of control within his empire.
If the appeal proceeds to the highest judicial level, the case could become one of Nigeria’s most closely watched corporate family disputes.
And if the Supreme Court is ultimately asked to decide, the outcome could reshape not only the Indimi legacy but conversations about shareholder rights in closely held family conglomerates.
The Empire at a Crossroads
This saga is about more than $43.51 million.
It is about succession. About daughters asserting rights. About a father unwilling to concede. About political alliances tested by private discord.
Empires are rarely undone by strangers.
More often, they are tested from within.
For the Indimi dynasty, the court victory may be historic but if insiders are correct, the real battle is only just beginning.
-
Society News5 years ago
Jamaican man beheads wife after finding out their 6 kids are not his
-
Society News7 years ago
EXCLUSIVE: The Complete Story of Dolapo Awosika, John Fashanu and Prophet Kasali Sex Mess
-
News6 years ago
Pastor Osagie Ize-Iyamu, His Membership Of Secret Cult, And Other Issues Touching On His Public Credentials Examined by Barr. PATRICK I. BIOSE
-
News6 years ago
BREAKING: Ajimobi’s daughter-in-law blast Gov. Makinde, says gov can’t surpass ex-Oyo gov
-
Society News6 years ago
The Rise and Fall of “Jumoke The Bread Seller”
-
News6 years ago
BREAKING: 2 arrested as NAF begins investigations into Tolulope’s death
-
Crime6 years ago
Exclusive: Female Aide Fingered In Oko Oloyun’s Murder + Banking Transactions That Nailed Husband
-
News6 years ago
BREAKING: Police take over Edo House of Assembly as APC, Oshiomhole move to seize control
You must be logged in to post a comment Login