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Tinubu reveals sources of wealth.. how he became billionaire in Dollar

Afolabi Hakim by Afolabi Hakim
December 7, 2022
in National
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Bola Tinubu
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Bola Tinubu, presidential candidate of the All Progressives Congress (APC), has opened up on how he became wealthy without no known businesses.

Tinubu said he got his wealth from real estate.

The former Lagos State governor made the disclosure in an interview with the BBC aired on Tuesday.

Tinubu said he “turned the value” of the real estate he inherited into the wealth he has.

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For years on end, Tinubu has come under heavy scrutiny on how he became wealthy amid allegations of state capture and unprecedented diversion of public funds.

The former governor said since he stopped being in charge of Lagos in 2007, he has not taken an appointment or gotten a government contract.

“You’ve got to know how to analyse and how to ask questions, not in the accusatory format. Are they enemies of wealth? If they are not enemies of wealth, investments do yield,” he said.

“I have an example of Warren Buffet, one of the richest men in America and in the world. He started from stock buying and brokerages.

“I inherited great real estate; I turned the values around. I’m not denying my wealth.

“I was the most investigated, the most accused governor in opposition up to, you know, for eight years, up till 2007. And since I left the office I’m still there. I have not taken any appointment, no government contract.”

The former Lagos governor also denied claims that he gets money from the coffers of the Lagos government.

“Share what? Have they proven it? The World Bank, IMF have investigated the record in Lagos. What’s wrong with them? It’s envy,” he added.

Tinubu said he is qualified to be president because of his performance as governor

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