₦airaland Forum

SMH.. More fraud stories of Tinubu and fashola on the website: Tinubu is Lagos

In Lagos, Alpha Beta, as consultants, gets 10 percent of whatever Lagos State generates monthly. If this statement confuses you, you are not alone. There are just a few things you need to keep in mind though: Lagos State generates roughly 31 billion Naira a month. Ten percent of that is going to a consultancy firm owned by the former governor of Lagos State, Bola Tinubu. 75% of the revenue generated by Lagos State comes from taxes.

If you need to read the paragraph again, you are not alone. However, the truth of the matter is that Alpha Beta Company has been the tax consultant to the Lagos State government since 1999, when the former governor Tinubu began his tenure.

That year, Alpha Beta Company had definitely succeeded by delivering a dramatic rise in monthly state revenue from about 600 million Naira to 7.7 billion Naira. A laudable achievement indeed, but it would have been less so if the citizens of Lagos State knew what they had traded it in for. Alpha Beta Company had charged the state of Lagos a whopping one billion Naira a month for their services.

Now, just to reiterate, Tinubu owns Alpha Beta Company. Tinubu was also at the time, the Governor of Lagos State. Alpha Beta Company became the tax consultant for Lagos State in 1999, and they charged roughly 13% of the entire state revenue.

Today, Alpha Beta Company is still the tax consultant for the state. They now charge roughly 10% of the entire state revenue and Tinubu still owns it. The only thing that has changed is that Tinubu is no longer the Governor of Lagos State, or so it says on paper. With utmost respect to the office of State Governor, Tinubu is still very much in control of the state’s affairs, or at the very least, its revenue.

Despite all feelings of being scandalized here, one must look at the big picture. Governor Fashola is still working for Bola Tinubu. If he was not, things might have changed. New relationships would have been forged with the State Government and interest groups. However, the standings beg the question: what has really changed since then?

Undisclosed sources claim that Tinubu’s role in installing Fashola as Governor of the State is the biggest hindrance for the present regime. An agreement between Fashola and Tinubu over the duration of the tenure of governorship, as well as the selection of certain cabinet members paints a vivid picture on the sort of bind Fashola is in. At the moment however, one wonders whether or not he finds it at convenient as he used to, or if he ever did.

What is clear, however, is that there appears to be a lot of money changing hands, and the masses are still bewildered over the fate of roughly 31 billion Naira in revenue per month. There are a number of allegations regarding Fashola’s spending penchants. Here are just a few of them that beg to be disproved:

1. That in 2009, Fashola gave N250 million to the Rotimi Akeredolu-led executive of the Nigeria Bar Association (NBA) for the NBA conference held in Lagos, at a time when Lagos teachers and doctors were on strike for improved welfare package.

2. The Babatunde Raji Fashola Government within six months, January to June 2009, spent N420 million on the hiring of private security – to guard who? – despite his heavy investment in the Police Force through the State Security Trust Fund.

3. Babatunde Raji Fashola spent N1.5 billion to demolish the Bank of Industry (BOI) building, paying a company introduced by one Tunji Olowolafe in cash transfer, only for him and his cronies to claim the land adjacent to it.

4. The Babatunde Raji Fashola Government awarded a part of Western Avenue (Funsho Williams Road), about two kilometres road for N7.7 billion, just between Abalti Barracks and Costain. And without the construction of any bridge, the project was carried out by Julius Berger. This project must certainly be investigated.

5. Between January and June 2009, the Babatunde Raji Fashola Government claimed to have fuelled 225 vehicles in his office alone with N135 million. These figures amount to about N800,000 per day at a time that petrol was sold for N65 per litre. The Government always got fuel cheaper, but Babatunde Raji Fashola claimed to have bought it at N85 per litre.

6. Between January and June 2009, Babatunde Raji Fashola’s Chief of Staff and Personal Assistants expended N290 million in sending text messages and phone calls on their lines.

7. It is also very sad to know that the Babatunde Raji Fashola Government awarded the construction of a road and drains inside Gbagada General Hospital for over N1.8 billion to the same Tunji Olowolafe’s company (DEUX Projects Limited).

8. The sum of N1.5 billion of un-appropriated funds, without approval, was claimed to have been spent on the demolition of Oshodi.

9. The Helicopter Deal was a big fraud. The helicopter was not built for any kind of emergency evacuation, rescue or to even combat urban fire. Over N5 billion has been spent on the two helicopters. And the seal of Lagos State is not on it, and it is not even in Lagos but in the Niger Delta making money for some private people in Government. The whole helicopter deal stinks to high heavens; it constitutes the biggest governmental fraud of all times and confirms the rot in the State. See THISDAY December 19, 2009.

10. The Senior Special Assistant, SSA (Media) to Babatunde Raji Fashola spent N183 million in six months on press coverage and editors outside the approved budget but funded directly from the Governor’s Office.

11. In a State where children are sitting on the floor in classrooms, where unemployment is rampant and poverty pervasive, Babatunde Raji Fashola paid the wife of a controversial pastor over N600 million in two years for Christmas decorations for about six streets in Lagos.

12. In six months, between January and June 2009, Babatunde Raji Fashola spent monies on several faceless organisations, subventions, grants and donations such that they quickly pocketed N2 billion.

Most of these allegations were compiled by the True Face of Lagos, the same group that petitioned against Fashola to the House of Assembly and the EFCC. The Lagos State Government is under the proverbial microscope and the masses are watching wit rapt attention.
http://www.lestweforgetnaija.com/index.php/articles/item/120-tinubu-fashola-alpha-beta-and-the-taxation-rape-of-lagos

where is the map young man

Considering the fact that both IBB, Buhari and Atiku has zero chance of ruling Nigeria presently. That is for the north. GEJ ve confirmed will be running but is very unpopular, The South Westerners have been shut out of national politics (their tribalisms and propaganda has caught up with them) and South Easterners don't have that charismatic candidate yet. David Mark too does not seem to know his left from his right yet, all we hear are whispers. Jigawa governor, well, I don't know him and he is unpopular.
Methinks its a masterstroke for GEJ with his power of incumbency and if a Northerner wins him especially if it happens to be the once we know, The South will not accept it and same for GEJ wins, the North will pull the violence card.

So what do you think, I think the US is right, the nation will be forced to break which is what we all wish for and the essence of this thread in the first place. we can't wait.

multi bilion really. hehehehehe

musiwa7: that is the decision , , dont ask me who am I.. go find out..

hmm, what of the map? Lets know how the decision was reached. Please provide the map or you will be speaking for yourself

[quote author=Ileke-IdI]Google search that leads right back to Ibhoe paranoia on NL? Our dirty ibhoe bros no go hear word [/quote]and na Yoruba person get Nairaland which means it is endorsed from home

btw, when last did you wash yourself properly and do you still do 'short put' in the uk

[quote author=Ileke-IdI]But ibhoes are dirty nau.Surely if you can eat yourselves, you can lick a pig barn.[/quote]
ya need to do a simple Google search. Oduduwa people are intl with that stuff.

Aigbofa: You think this is about barbecuing your neigbours ar.se?

woohoooo, neither is it about rituals, child molestation nor owambe

[quote author=Ileke-IdI]Once a Yoruba comes in, these ibhoes stop eating at each other's flesh and turn to salivate at the innocent Yoruba.

Only Yorubas can save you Ibhoes from decimating each other.[/quote]unfortunately we can't eat the Yorubas, we don't do dirty.

Aigbofa: How dare you forest dweller talk to me like that? What does a cannibal know about cuisine?

A little bit of comedy here, someone whose mouth, fingers, azz is smelling of amala and ewedu is talking cuisines

[quote author=Ileke-IdI]If we let them go, we'd have to put leashes on these fo ols.

Their strong penchant for hating anything in close proximity to them is mind boggling[/quote]The 21st century man must be seperated from the early man

Odenigbo Aroli: Look at who is talking...shameless akwuna! I pity you for what awaits you in the future...jezebel!

nawa oh, people no get taste oh, na who dey patronise the mgbeke for her aqunaism? *I spit sha*

Aigbofa: I like Amala and ewedu. If fact, the mere mention of it makes me salivate.

yes, that's great, that's what the monkeys eat in the jungle but don't come and troll us here after an over dosage of it.

Aigbofa: This is why we can't let them go. Who wants a Somalia type clan warfare on his hands?

you can't let who go? look at this fool, you can't even hide the fact that you love us and can't breathe a second without us

why are these Yoruba people so desperate? so you want to troll. Am A proud Anambra and I say this thread is a figment of the imagination of the OP after an overdose of amala and ewedu

[quote author=geez*]There's no market for it in Anambra. The poverty rate in the SE won't allow anyone site any commercially viable project there. PHC is the only viable city in that region which is too far away. I cat count the number of worldclass diagnostics centers all over the city of Lagos and even Ibadan[/quote]do you have any drop of brains at all or do you think nairaland is a playground for mad people?

Eko Ile: So, no massive, mega or world class anything to show me?

Don't worry, I'm a Nigerian and I know there is no massive, mega or world class anything in iboland, na just mouth. The only reason you people troop into other people's land is because there is nothing to rely on in your land.

That's the bitter truth for you so stop all that ofemani BS.

please name the massive Mega projects in yorubaland ekomumu

Happy birthday thief

ok Africa ..

I think its good like this most especially on mobile devices. The double ads each before and after is reaching though. one a piece is decent and will be more effective. The color on mobile too is cool. ve not really studied the web version because I don't use Nairaland on my laptop but from the times ve used it, I think it definitely needs some touchings.
BTW, The only design tricks and tweaks we need is for you to caution mukina2 or relieve the dictatorial and biased moderating job from her/him.
my 2 shillings

Wole Soyinka, Chinua Achebe, Fela.

wow, RIP sir.

Nawaa o... Niger Delta oil?
Mike Adehuga
Otedola
Obasanjo
Wale Tinubu of oando
Tinubu of lagost State


and now
Alakija
All feasting on Niger Delta oil even when all there is is cocoa

Yaaaaaaaawn............

Fashola is a discombulated fellow, He is eating too much amala these days. irresponsible governor

[quote author=geez*]Little do you know that virtually all markets in Lagos have yorubas as their spokespersons for obvious reasons but brace up for it, we have plans for your criminal brothers that have illegally occupied government land and return to the barren SE every Xmas to boast that they they own Lagos

Yoruba people are truly tolerant. Imagine! 30yrs of illegality condoned [/quote]Stfu you lunatic! If SE is barren then SW caves has no reproductive organs at all

Odenigbo Aroli: I used to go hard on y'all but I am done with that hate shiiit...I doesn't pay and you will see this in the long run.

lmaoooo... you just had to nod to yourself by yourself, smh. Go which hard on who? or you meant you have mastered the art of clowning yourself. oh you had a baby, lmaooooooooooooooooooooooooo. how do you guys do this, you just brought another segun into this world

I don't pity neither do I have interest in these igbo girls marrying into yorubaland. Ignorance kills

Mr. Femi Adedeji who spoke on behalf of the traders..................

Ekomumu, are you referring to Mr. Femi? So discombulated fashola wan send mr femi back to ogbomosho. Very soon fashola will ask you to remove the Eko in your id and replace it with oyo where you come from.