ADVERTORIAL: PDP Fights Back, Names Bola Tinubu, Nigeria’s Most Corrupt Person

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A group identified as Committee On Equity and Justice has unearthed what it described as corrupt manner in which APC leader, Bola Tinubu whom it named the Nigeria’s most corrupt person, amassed wealth.
The group disclosed that Number 4, Oyinkan Abayomi (formerly Queens) Drive, Ikoyi: A 5-bedroom detached house on one acre of land which was originally the Lagos State Governor’s guest house since 1979 now belongs to Tinubu. The certificate of occupancy of the property valued at N450 million was signed and released to him by Fashola in 2007 shortly after he assumed office. Tinubu’s residence at 26 Bourdillon Road, Ikoyi was initially falsely presented as Oando Plc Guest House. Later, he purportedly bought it from Oando, and used public funds to rebuild and renovate it. The Lagos State Government bought the property and paid an undisclosed sum to him and thereafter gave the property back to him under the bogus Pension Bill he signed to law shortly before he left office in 2007. The property is worth over N600 million
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The annex of the Lagos State Guest House in Asokoro, Abuja was bought by the State Government in 2006 for N450 million, purportedly to protect the main house from security breach.Tinumbu 1
Shortly after Tinubu left office, the property was transferred to him under the pension plan he signed into law before leaving office.The 250-hectare land valued at about N35billion and strategically located at the Ajah junction on Lekki Road was initially meant for a General Hospital for the people of Eti-Osa Local Government but was stolen by Tinubu and handed over to Trojan Estate Ltd – a company owned by Deji and Wale Tinubu – to develop as Royal Garden Housing Estate at the
expense of taxpayers money.
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The 1,000 hectares of land valued at about N75billion located at Lakowe near Abijo at Ibeju-Lekki Local Government and given to Lekki Concession Company (LCC) which is partly- owned by Tinubu and Fashola and being developed as golf course and housing estate by Assets and Resource Management Ltd (ARM) as
ADIVA project. The prime land of 157 hectares with 2.5km of Atlantic beachfront valued at about N10billion and stolen by Tinubu from the communities of Siriwon, Igbekodo, Apakin, etc in Ibeju-Lekki Local Government and given
to Ibukun Fakeye – his crony to build a golf course and luxury villa with little or no compensation to the villagers. In addition, Tinubu paid $20million (N3billion) out of public treasury to Ibukun Fakeye to commence the project in late 2006. Fashola has since released additional funding for this project, which is not owned
by the state government.
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The 14-hectare Parkview Ikoyi Estate foreshore land reclaimed by Lagos State Government is now owned by Bola Tinubu. While in office, Bola Tinubu allocated to himself the former Strabag yard beside the Lagos State Secretariat at Alausa, Ikeja. The property is now being occupied by Shoprite.
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This is public
property brazenly stolen and now owned by Tinubu, aided by Fashola. He acquired the choice property at Lekki-Epe road on which he built and owns the multi-billion Naira Oriental Hotel and the extension of multi-storey car park beside it. Also, the multi-level recreation centre by Mobil in Oniru Estate on Lekki-Epe road jointly owned with
ARM and Tunji Olowolafe. All these assets valued at over N25billion were obtained without paying a kobo to the Lagos State Government/
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The 3.8-hectare of land of Lagos State Fisheries office in VI (beside the Institute of Oceanography) valued at N3billion. The fishery landing jetty at Badore (where the Ilubirin fishermen were to be
relocated) valued at N500million The entire Ogudu foreshore scheme initially earmarked for a low-cost housing
scheme valued at N5billion The Ilubinrin housing estate (which used to house Lagos state civil servants and
judges up till 2007) valued at N2.5billion. The former Julius Berger yard at Oko Orisan, Epe valued at N450 million.
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Alhaji Ahmed Tinubu raised a loan of N4.7billion on Eko Akete project for which nothing was achieved before he turned around to sell the property to his Chagouri friends of Chagouri & Chagouri and Hitech
Construction Ltd at a ridiculously low price at the expense of the taxpayers of Lagos. Tinubu applied to personally purchase the Federal Secretariat building while in office. When he couldn’t get to buy it, he directed
Fashola to stop the eventual owner of the complex to develop it. The complex is presently wasting away courtesy of the Lagos State Government.
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Alhaji Ahmed Tinubu converted all the plots of land where Lagos Polytechnic was
located at Ikosi near the old toll gate. He chased away the Polytechnic in 2006 and went ahead to locate the choice plots to himself, his cronies and political associates. The headquarters of Television Continental
(TVC), which is owned by him, is located there. He deprived the youths of Lagos of decent education because of his greed. Tinubu solely sold the prime land on Aboyade Cole, Victoria Island which was recovered from some allotees, to UACN Properties Plc. The amount of proceeds till date, was shrouded in secrecy.
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The Critical Care unit at the Lagos State University Teaching Hospital (LASUTH) in Ikeja, built and equipped
with state funds, is now owned personally by Tinubu. He has put one of his trusted aides, (a supposed cousin of
his) to run the outfit. It is run as a private unit and the proceeds are pocketed by the duo. The unit charges its users exorbitantly and most Lagosians can hardly afford to pay its high charges. Much of the revenue is derived from fees paid by the State Government for patients referred there by its General Hospitals. Again, if the Lagos State Land’s Bureau could publish the names and identities of beneficiaries of land allotees from
2000 to date, the scandal that will result is better imagined. Gbenga Ashafa, now a Senator, and Mrs. Awofisayo were the conduits through which these acts were being perpetrated. Both were also personally involved in various
dubious land transactions on their own.
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Asiwaju Bola Ahmed Tinubu has acquired for himself a new private jet.
The jet is a Bombadier Global Express XRS, the same type owned by Forbe’s richest man in Africa Aliko Dangote,
Folorunsho Alakija and Mike Adenuga Jnr. Aviation experts say the luxurious asset would cost nothing less than
$50 million or more depending on specification. Reports say the jet was ordered from the US and facilitated in Europe. The Jet, which is the second owned by the politician, was allegedly purchased so that Tinubu would not be refuelling when he goes on long haul journeys.
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Prime land and properties have been used to pay off public officials who are personally close to Tinubu and Fashola for “jobs well done” or for being privy to sensitive information, notably: (a) Dele Alake, former Commissioner for Information and Strategy, was sold a whole
house on Alexander Road, Ikoyi where he lived as official quarters at a give-away price. (b) Rauf Aregbesola, Osun State Governor, who was a former Commissioner in Lagos as well as Muiz Banire, also a former commissioner, got detached houses at Ladoke Akintola Street, GRA Ikeja for their “good job” while serving under Tinubu. (c) Yemi Cardoso and Wale Edun, both former commissioners, were sold houses on Iru Close, and another location in old Ikoyi at give-away prices by Tinubu.
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We call him the largest landlord in Lagos. These are wealth acquired through illegal means. But now, it is convenience for them to hide under Buhari and preach Integrity.

Author: News Editor

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  • Lateef

    Bellyaching. Theses information has forever been on the information super highway. What is the job of the Attorney General of the Federation if he cannot prosecute this cases except make them sensational? Talk is cheap, the onus of proof is on you. If you are so sure of all these, somebody should go to court. We are tired of these baseless accusations.

    • Daniel Samuel Enny

      IT IS BASELESS BECAUSE YOU FAIL TO ASPIRE TO KNOW WHAT YOU DON’T KNOW… CORRUPT MAN LIKE TINUBU SHOULD BE IN JAIL BY NOW,, I CALL FOR TOTAL REVOLUTION LIKE THAT OF GHANA,,, BUHARI, COMMITTED CRIME AGAINST HUMANITY, OBASANJO EMBEZZLE OUR MONEY, ATIKU ENRICH HIMSELF WITH THE MONEY HE LOOTED…. NON OF THEM IS SAINT… AM NOT A POLITICIAN, BUT LEARN TO READ AND FIND OUT IF ALL THESE THINGS WERE TRUE…. I HAVE DONE THAT AND I CAN SAY TINUBU IS A CRIMINAL

  • Sunday Aikuirawo Aniyi

    Fools think everyone is like them. Stop social media trials, arrest and prosecute Tinubu if you can.

    • Daniel Samuel Enny

      IF THEY ARREST HIM, U WILL BE THE FIRST TO CALL IT POLITICAL MOVE……. WE ARE NOT SINCERE IN THIS COUNTRY……. WE THE CITIZEN

    • GodwinEdwards

      You know what do not support this people, even Jonathan and his govt…All of them right from Shehu Shagari till date are all criminals and evil…How can human beings act like these….they are responsible for the poverty in Nigeria today. its so sad. remember what they are looting is the common wealth of Nigeria

  • Daniel Samuel Enny

    IT IS BASELESS BECAUSE YOU FAIL TO ASPIRE TO KNOW WHAT YOU DON’T KNOW…
    CORRUPT MAN LIKE TINUBU SHOULD BE IN JAIL BY NOW,, I CALL FOR TOTAL
    REVOLUTION LIKE THAT OF GHANA,,, BUHARI, COMMITTED CRIME AGAINST
    HUMANITY, OBASANJO EMBEZZLE OUR MONEY, ATIKU ENRICH HIMSELF WITH THE
    MONEY HE LOOTED…. NON OF THEM IS SAINT… AM NOT A POLITICIAN, BUT
    LEARN TO READ AND FIND OUT IF ALL THESE THINGS WERE TRUE…. I HAVE DONE
    THAT AND I CAN SAY TINUBU IS A CRIMINAL AND HE ENRICH HIMSELF WITH LAGOS STATE MONEY

  • New Nigerian

    APC stole the thunder of Plutocratic Desperado Party (PDP) by NOT making Tinubu the VP. This are the adds they were going to run if Tinubu was VP. Osinbajo is VP of APC with Oyegun as Chairman of the Party and Tinubu is a leader of the party. So how did PDP react to APC master stroke – they froze! and then woke up and pretend that Tinubu is the VP – even accuse Osinbajo of being a stooge who will resign for Tinubu to take the VP job, which is impossible, and then they are still running ads against Tinubu….becaus they have NOTHING on the integrity and incorrigible team of Buhari/Osinbajo and the more they tries to tar them up the more clean they appear…so they go back to their fantasy on Tinubu…while all this is going on Jonathan-personal-oil-cartel continues to pump our oil at the rate of 400,000+ barrels of oil per day.

    Jonathan-mafia’s oil theft contracts:
    President Jonathan have personally supervised the grand theft, through two contracts financed with tax payers money, since January 2012 (possibly fall of 2011) of 400,000 barrels of oil per day by those he hand-picked to safeguard the supply lines against theft. According to Soludo: “First, you (Finance Minister, Okonjo-Iweala) admit that ‘oil theft’ has reduced oil output from the average 2.3 – 2.4 million barrels per day to 1.95 mpd (meaning that at least 350,000 to 450,000 barrels per day are being ‘stolen’). On the average of 400,000 per day and the oil prices over the past four years, it comes to about $60bn ‘stolen’ in just four years.

    – This is done through two 2 contracts that Jonathan signed to rebel leaders from his tribe.

    These are the 2 contracts by the Jonathan administration that is a major feed to the monster bedevilling Nigeria and turning it into a failed state, and a personal estate of King Jonathan, it was fall 2011 & 2012 time frame – widely reported by Wall Street Journal and major newspapers in Nigeria – just google it – I like the composition in the piece titled, Help, This Nigerian State Is Failing By Ayobami Oyalowo:

    ”In August, the Wall Street Journal (WSJ) broke some disturbing news about Nigeria. It was reported that some ex-militants in the Niger Delta had been paid about N6.32billion within the past one year by the Nigerian National Petroleum Corporation (NNPC). Yes, for the ‘noble’ service of providing security against vandals for the Corporation’s oil pipeline network. Imagine! The breakdown, as outlined by WSJ, is this:

    Chief Government Ekpumopolo (alias Tompolo), Alhaji Mujahid Asari-Dokubo, ‘General’ Ebikabowei Victor Ben (Boyloaf) and ‘General’ Ateke Tom were respectively paid N5.1 billion, N1.44 billion, N608 million and N608 million yearly by the state-owned NNPC, as ‘protection money’ to guard the pipelines they once attacked.

    As if that was not enough an insult on the collective intelligence of Nigerians, earlier in the year the Federal Government awarded a contract worth $103.4million (over N15billion) to the Global West Vessel Specialist Limited (GWVSL) – a firm widely believed to be owned by Tompolo to supply 20 vessels for the use of the nation’s military authorities to secure the waterways. Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Ziadeke Akpobolokemi, had last year sent a memo titled, “Award of Contract for the Strategic Concessioning Partnership with NIMASA to Provide Platforms for Tracking Ships and Cargoes, Enforce Regulatory Compliance and Surveillance Of The Entire Nigerian Maritime Domain,” to President Goodluck Jonathan.

    In considering the memo, President Goodluck Jonathan and Akpobolokemi chose GWVSL as the preferred company for the 10-year concession agreement, renewable for two terms of five years each. Jonathan, in a memo dated 9th November, 2011, with reference number PRES/99/MT/61, approved Akpobolokemi’s memo, which the Federal Executive Council rubber-stamped on 5th January, 2012. According to Akpobolokemi, GWVSL “will provide platforms for effective policing of Nigeria’s maritime domain and ensure compliance with international maritime conventions on vessels and ships voyaging the country’s waters”. NIMASA maintains that the concessionaire would help the Federal Government to enforce the sabotage law and collect levies on its behalf. This, in a country that still maintains a statutory Naval force, and without a track record for GWVSL?

    From the above, the current occupant of the presidential villa showed where his loyalty lies…rather than train the military, he equipped criminals and vandals who had taken up arms against the state. No wonder so much arms and ammunition have found their way into Nigeria and our country has now become one gigantic human abattoir where someone is killed on an average of an hour, daily. Between January to May 2014 it has been estimated that over 1,500 people have been mindlessly cut down by terrorists and blood thirsty killers.’ [The number killed date under Jonathan is tracked on line and it stands at 35,065 – that is the equivalent of Liechtenstein, a country in Europe, wiped out from the face of the Earth, with a territory the size of Belgium carved away].

  • Chinedu Edward

    The like of Tinubu and AMAECHI Should stop clamouring for change, they have actually soiled their hands in corruption,and should wait for the real patriotic Nigerian to do so.

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