This was revealed in the last will and testament signed by the deceased before his demise and read out to the children recently, according to a snippet of the will.
There had been tension and suspicions over the content of the will since the demise of the late Islamic leader, as people continued to besiege his home on a daily basis.
However, according to the will, the mansion, situated at Oluwo-Kekere, Bodija, Ibadan, Oyo State capital, must be turned by a foundation to a school, consisting primary, secondary and tertiary institutions within three years.
The humanitarian gesture of the late business icon was also brought to bear as he stated in the will that the family must continue to be responsible for sponsoring people to Umrah and hajj every year.
The late philantropist also asked family members and custodians of his property to continue with his gesture, by ensuring the welfare of the people was well taken care of.
The late Arisekola-Alao, in the will, also gave out millions of naira to two people who were very close to him, though they are not his children.
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