{"id":215916,"date":"2022-09-12T05:01:28","date_gmt":"2022-09-12T04:01:28","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=215916"},"modified":"2022-09-12T05:01:28","modified_gmt":"2022-09-12T04:01:28","slug":"how-tinubu-became-rich-before-venturing-into-politics-dele-alake","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2022\/09\/12\/how-tinubu-became-rich-before-venturing-into-politics-dele-alake\/","title":{"rendered":"How Tinubu became rich before venturing into politics \u2013 Dele Alake"},"content":{"rendered":"<p>Dele Alake, director of strategic communication in the All Progressives Congress (APC) presidential campaign council, says Bola Tinubu, the party\u2019s flagbearer, was wealthy before he ventured into politics. <\/p>\n<p>Speaking on Sunday during an interview on Channels Television, Alake said <a href=\"https:\/\/www.withinnigeria.com\/news\/2022\/09\/10\/tinubus-chances-in-north-east-very-high-yahaya\/\">Tinubu<\/a> made his money from buying stocks in blue chip companies.<\/p>\n<p>Ahead of the 2023 elections, the source of Tinubu\u2019s wealth has again come under scrutiny.<\/p>\n<p>Commenting on the matter, Alake said the former Lagos governor was not a \u201cpauper\u201d before he become a senator in 1992.<\/p>\n<p>\u201cI knew him to have been spending money ever before he got to office. In 1991, he was going into politics, he contested a senatorial election \u2014 Lagos west \u2014 and he won,\u201d he said.<\/p>\n<p>\u201cMost Nigerians know that contesting elections in Nigeria is not a child\u2019s play. Paupers don\u2019t contest elections. How much more a senatorial election?<\/p>\n<p>\u201cHe must be a man of some means. In fact, before then, he had been contributing to political organisations and causes before he took up the gauntlet and went into the senate.<\/p>\n<p>\u201cHe polled the highest number of votes nationwide in that senatorial election of that year and became a senator in 1992.<\/p>\n<p>\u201cFast forward to 1993, we started the June 12, he was in the Yar\u2019Adua\u2019s caucus \u2014 the Peoples Font \u2014 within SDP at that time. He was also funding. He was not a pauper.\u201d<\/p>\n<p>Alake said those questioning Tinubu\u2019s source of wealth are expressing the \u201chatred\u201d they have for the former Lagos governor.<\/p>\n<p>\u201cWhat I know is that right from his days in the corporate world, he has been trading in stocks even in foreign currencies,\u201d he added.<\/p>\n<p>\u201cHe has been buying stocks, bonds and all of that. I\u2019m not a finance person. I\u2019m not going to be interested in the nitty-gritty of it all.<\/p>\n<p>\u201cBut I know he has been trading in stocks. He was buying stocks of blue chip companies and all of that. He was making money and spending money. He has been doing all of these years before he got to office.<\/p>\n<p>\u201cWhy people are querying his source of wealth is because he had been a successful governor of Lagos and a successful politician even after office.<\/p>\n<p>\u201cHe is about the only one of the class of 1999 who is at that enviable height, politically. He is bound to attract all of these negative comments.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dele Alake, director of strategic communication in the All Progressives Congress (APC) presidential campaign council, says Bola Tinubu, the party\u2019s flagbearer, was wealthy before he ventured into politics. Speaking on Sunday during an interview on Channels Television, Alake said Tinubu made his money from buying stocks in blue chip companies. Ahead of the 2023 elections, [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":211736,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"custom","single_blog_custom":"211693","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"single-left","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"floatbottom","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"1","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"0","number_popup_post":"1","show_author_box":"0","show_post_related":"0","show_inline_post_related":"1"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":"","disable_ad":"0"},"jnews_primary_category":{"id":""},"jnews_override_bookmark_settings":[],"jnews_override_counter":{"override_view_counter":"0","view_counter_number":"0","override_share_counter":"0","share_counter_number":"0","override_like_counter":"0","like_counter_number":"0","override_dislike_counter":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[2],"tags":[1826,91,45135,28],"class_list":["post-215916","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-2023-presidency","tag-apc","tag-dele-alake","tag-tinubu"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How Tinubu became rich before venturing into politics \u2013 Dele Alake<\/title>\n<meta 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