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Meet The Largest Landlord In Lagos- Alhaji Bola Ahmed Tinubu. - Politics - Nairaland

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Meet The Largest Landlord In Lagos- Alhaji Bola Ahmed Tinubu. by Olamitisoji(m): 6:32pm On Dec 21, 2014
The massive looting of Lagos state by
the Leader of the Action Congress of
Nigeria, Asiwaju Bola Tinubu has
reached monumental proportion.
Tinubu whose companies recently
conered a multi billion road
construction job in Ogun State, has
in his pocket all the juicy contract in
all the Action Congress’ states.
In retrospect, it might be difficult to
come to terms with the fact that an
individual could hold the entire south
west to ransom. There is no doubt
that Tinubu has succeeded in buying
the Lagos State government, and he
has done this using government
funds.
.
Whenever someone in Lagos begins to
wonder where their 4th mainland
bridge went, or what was the fate of
the pipe-borne water project, or even
where the schools and hospitals had
vanished to, there is a silence that
contains it all. The largest landlord in
Lagos has done as he has pleased, and
the rest of the state just has to deal
with it. For instance: 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, but which 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.
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.
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 the
taxpayers of Lagos.
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. Click
here to read more http://
nigeriapolitico.net/news1/2021-meet-
nigerias-most-corrupt-person-
alhaji-bola-ahmed-tinubu.html

1 Like

Re: Meet The Largest Landlord In Lagos- Alhaji Bola Ahmed Tinubu. by mazzi: 6:34pm On Dec 21, 2014
APCHEAT!!! CHANGE!!!.NDI OSHI
Re: Meet The Largest Landlord In Lagos- Alhaji Bola Ahmed Tinubu. by IKJ66(m): 6:36pm On Dec 21, 2014
Ok
Re: Meet The Largest Landlord In Lagos- Alhaji Bola Ahmed Tinubu. by IGBOSON1: 6:40pm On Dec 21, 2014
Avarice!
Re: Meet The Largest Landlord In Lagos- Alhaji Bola Ahmed Tinubu. by mkpakanaodogwu(m): 6:49pm On Dec 21, 2014
How rooms he de sleep per night?

(1) (Reply)

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