The reasons for the decline is based on the fact that Bola Shagaya has dined and wined with the past wives of the heads of state in Nigeria. She is said to be of a character that only benefits her (Shagaya).
She is said to own the expensive Gulfstream G650 model jet which costs Eleven Billion Naira, bought at her 55 birthday celebrations in 2014. In 2010, President Goodluck Jonathan honoured her with the title, Member of the Order of the Niger, MON. Bola Shagaya is a patron of the Fashion Designers Association of Nigeria, (FADAN).