FACT CHECK: Did Tinubu Pioneer ECONET, TSA, Economic Summit In Nigeria?


A Facebook post by one Tokunbo AremoOdua has been shared across other platforms and forwarded on WhatsApp many times.
The post claimed that the All Progressives Congress Presidential Candidate, Bola Ahmed Tinubu initiated ECONET, Treasury Single Account (TSA), tax digitalization, Local Council Development Areas (LCDAs) and economic summit to proffer solutions for economic prosperity in Nigeria.

It also claimed that Tinubu was the first and last governor to govern his state for years without federal allocation during the Obasanjo Administration.

As of the time of this report, the post had amassed about 317 likes, 69 shares, and 247 comments and has reached multiple groups on WhatsApp.

Verification

Checks by Daily Trust revealed that while Tinubu played a role in the evolution of ECONET in Lagos State, it does not mean he brought ECONET to Nigeria. He was Governor of Lagos State when the federal government auctioned the telecommunication network through the Nigeria Communication Commission. Lagos was mentioned as one of the two states that supported the licence fee financially.

Victor Asemota, a popular tech twitter influencer also stated that “Lagos state was only involved in its founding through the acquisition of secondary shares, after much deliberations. The then governor did not commit to Cybertel until after Delta State, Oceanic and the Akwa Ibom State government had gotten involved.”

Also the claim that Tinubu introduced the TSA in Nigeria is false. Rather, it was proposed by the federal government in 2012 during the former President Goodluck Jonathan-led administration and was fully implemented by the current administration to consolidate all inflows from all agencies of government into a single account at the Central Bank of Nigeria.
Similarly, the claim that the former Lagos State governor started the economic summit in Nigeria is not true. The Nigeria Economic Summit Group was incorporated in 1996 by Chief Ernest Shonekan.

That Tinubu initiated the independent power project in the country is equally false. It was introduced by the federal government to combat the power shortage in the country.
Daily Trust also found the claim that Tinubu was the first and last governor to govern his state (Lagos) for years without federal allocation misleading. The then former President Olusegun Obasanjo-led government only withheld the local government funds of Lagos State when Tinubu created LCDAs against the approval of the federal government.

However, a claim in the post that Tinubu pioneered LCDA is true

Conclusion

Daily Trust can confirm that while it is true that Tinubu created LCDA, he was not the pioneer of other initiatives contained in the claims made by the author of the post. Therefore, the claims are largely false.
This fact check was done in partnership with the Center for Democracy and Development (CDD)

https://dailytrust.com/fact-check-did-tinubu-pioneer-econet-tsa-economic-summit-in-nigeria

Yekini Amoda a.k.a Bobo Chicago is worse than 1000 LIAR MOOHAMADS

We Don tire for all these silly fact check on Tinubu.... Abeg
Instead of fact checking on irrelevant things, daily trust the wannabe British propaganda media AKA daily mail and the sun, should fact check on things that are important..... I'm talking about investigating Thiefnubus age, his origin, his primary and secondary school certificate scandal, of which he foolishly claimed were looted by unknown elements.... They should investigate his source of wealth, his bullion vans, milking and leeching of Lagos state treasury. Most importantly, the controversy that trails his rumored past of being a drug lord. We cannot have a retired drug lord as president. No.

All these should be cleared before going after things that are of no importance whatsoever

Tinubu is a well known lier , But God will punish him now for running on Muslim Muslim ticket,

President Tinubu of Cassava munching abgoros republic

Where are those shouting tinubu created Lagos?
It was Lagos that are still giving tinubu mouth to talk without Lagos there will be no tinubu.
It is people who lives in Lagos that makes Lagos what it is today