Tongues have been wagging on social media over Seyi Tinubu’s luxury timepiece that was listed online for up to $550,000 — or N340 million at the prevailing parallel exchange rate since the CBN has restricted official rate for luxury items.

Mr Tinubu, 36, was noticed in a March 24 Instagram post sporting the Richard Mille RM 055 as he met with some people that appeared to be his staff members. The watch was part of the custom series on sale in the name of professional golfer and Masters giant Bubba Watson.

While flaunting the .34 billion naira watch, Mr Tinubu asked his followers to “Be patient with yourself. Self-growth is tender; it’s holy ground. There’s no greater investment.”

Jewellery expert Edward Garvey told Peoples Gazette that Mr Tinubu’s watch had been sold for more than $680,000 at a point since it was introduced by the top Swiss brand in 2011.

Mr Tinubu’s exquisite preference seemed writ large across his Instagram page: he has posted photos of himself playing polo or spending the weekend in Lake Como.

Being the son of Bola Tinubu, the ruling APC presidential candidate notorious for looting Lagos’ public treasury with impunity, Nigerians could not help but be astonished by Seyi Tinubu’s exorbitant display of wealth, especially at a time of historic unemployment and abject poverty racking residents of the nation’s commercial capital.

The federal minimum wage, the highest of the three layers of government, has stagnated at N30,000 since 2019 — or $48 and $71 for parallel and official rates, respectively.

Whereas Seyi Tinubu’s professional background remained unclear — an online profile said he obtained a law degree from Buckingham and entered the Nigerian bar in 2013 — Peoples Gazette can report that he has been a major beneficiary of his father’s apparent capture of Lagos.

In February 2021, The Gazette published bank documents highlighting Seyi Tinubu’s exploits in Lagos’ advertising market — alongside his father’s ex-aide turned sports ministers Sunday Dare. His father’s Alpha Beta, broadcaster TVC and metro line businesses have cornered hundreds of billions of naira from Lagos’ taxpayers since it started processing revenues for the state about 15 years ago.

Some Nigerians on social media have raised concerns over how Seyi Tinubu’s lifestyle could only be funded by public resources and how it could be an indication of more assault on the national purse should his father be elected president next February.

Seyi Tinubu did not return a request for comment, but some of his followers were either delighted or indifferent about his lifestyle and offered to help his father’s campaign.

“I will be so much happy if I can campaign for Asiwaju sir,” an Instagram user said under the March 24 post.

DispatcherLagos:

Whereas the thousands of Lagos drivers and bus conductors whose sweats enrich this criminal and his father don't have up to half dozen of boxers

CandyOps:
APC just dey cast themselves.

Presidential candidate - Na Escobar paddy
Vice Presidential candidate - Boko Haram boss
Promoter - Portable (1 million boys gang Lord)

I can only imagine how horrible the next 8 years of our lives would be if we let these cartel take over the reins of power

The vawhulence they'll unleash on the state treasury will be unmatched

Jostoman:
Can you imagine, and LAGOSIAN are begging radio and TV presenter to give them money to eat during covid-19 lockdown and Lagos landlord son is wearing 340million naira watch. LAGOSIAN Mumu too much

MuslimIgbo:
STORY!

Una don finish mama p and Diezani jewelry case?

Come 2023

We Igbo Muslims will still vote for our brother

Tinubu JAGABAN


PETER OBI WILL NEVER BE THE PRESIDENT OF THIS COUNTRY!

Save this post!

Some Osu Alusi Ipob jew pigs are full of arrogance and hate for themselves and others.

You will hardly see any true Igbo man supporting Tinubu EXCEPT WE MUSLIMS but I know a lot of yorubas and Hausa/fulanis supporting Obi and this doesn't make sense.

WE have the worst performing and corrupt governors and leaders. Most of MY BROTHERS ranting online are typing from Lagos, Ogun or Ibadan instead of Anambra, Enugu or Imo State, yet WE call ourselves developer
Instead of US to start by holding our senseless, evil and corrupt leaders responsible first, WE fume and exhibit epilepsy trait online at the mention of Tinubu or anything matter concerning yorubas.


We never READY

ariesbull:
na so dem gị dey harrasd you for road everyday make you give them money buy ewa agoin...

These Lagosians dry enjoy suffer... I never see people wey mumu like Lagosians... They allowed folks from Osun and OGUN to run them street claiming Lagosians

Even the Osun people seff reject am....


... Lagosians mumu well well.... I dey shame for them