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Tinubu At 64: 10 Outstanding Facts You Should Know About Bola Ahmed Tinubu aka Jagaban.


National Leader of the All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu is 64yrs old today.

The living legend who’s name can never be flushed out in the history of modern Nigeria has been tagged as a ‘Pillar in Yorubaland and Nigeria’ by Ekiti Governor, Ayodele Fayose.

Born on Tuesday, March 29, 1952, Bola Tinubu’s political achievement has been said to have surpassed that of the late sage, Chief Obafemi Awolowo.

The coming of Tinubu has brought various revolutionary changes to Nigerian politics, first of which is the emergence of a once-upon a time opposition party, the APC, as the ruling party at the centre. Either you love Tinubu, or you despise his brand of politics, there are some things that should be said about this astute and shrewd politician who turns 64 today.

1. Education

Bola Tinubu attended St John’s Primary School in Lagos and Children’s Home School in Ibadan. He thereafter left for Richard Daley College, Chicago, Illinois, and later Chicago state University, both in the USA. He obtained a degree in Business Administration in 1979.

2. Achievements In Education

The former Lagos state governor was always on the Dean’s list and was a Custodian of the Outstanding Student’s Award, also the University Scholar’s Award and a Certificate of Merit in Accounting and Finance, after he scored 3.54 out of a possible 4.0 Grade Point Average.

3. Career Experience

The APC national leader worked with Arthur Anderson, Deloitte and Sells and GTE Services Corporation. He worked with Mobil Oil, Nigeria in 1983.

4. Political Journey

He joined active politics in the early 1990s. He joined the Social Democratic Party (SDP), where he clinched the party’s primary ticket to contest the Lagos West Senatorial District election, which he won against the candidate of the National Republican Convention (NRC).

5. Experience With The IBB Government

Tinubu was assaulted and arrested for his anti-government stance many times. He constantly criticised the government.

6. Experience With Sani Abacha’s Government

The former senator was forced to leave the shores of the country due to frequent assassination attempts on his life. He went on exile and thereafter joined the National Democratic Coalition (NADECO), with other critics of the Abacha regime. It was there other pro-NADECO members and Tinubu came up with Radio Kudirat, which later became a thorn in the flesh of the Abacha government.

7. Life As A Governor

He became the third democratically elected governor of Lagos state under the Alliance for Democracy (AD), after the return of democracy in 1999. He served two terms. He helped to increase the internally generated revenue (IGR) of the state to billions of naira.

8. Students Of Tinubu’s School Of Politics

The number of politicians who served under the tutelage of the number one Yoruba political stalwart are numerous. They include: Prof Yemi Osinbajo, the vice president of Nigeria; Babatunde Raji Fashola, Minster of Power, Works and Housing and one time governor of Lagos state, Rauf Aregbesola, Osun state governor, among others.

9. Surpassing Chief Obafemi Awolowo’s Political Record

Although, Chief Awolowo gave life to the Yoruba race, through his free education programme, while he was the Premier of the Western Region in the late 1950s. However, Tinubu is the first Yoruba politician, whose party while in the opposition defeated a ruling party in a presidential election, thereby controlling the central government.

10. Surviving The PDP’s Onslaught

When the other AD governors of Ondo, Osun, Ekiti, Ogun and Oyo all lost their second term re-election in 2003 to the PDP, it was only Tinubu, who used his political wits to win his second term. He survived as the only AD governor in the whole of the 36 states of the federation, thereby becoming a lone ranger. However, he never got discouraged or overwhelmed, as he galvanised forces and resources together, with other politicians of like minds to change the face of opposition party politics. In a matter of a few years, he and others formed the APC, which now has 22 state governors under its belt.

N636billion Indebtedness Chokes Delta State

* As Governor Helplessly Seeks For Survival Options

Okonta Emeka Okelum

Delta State governor, Senator Dr. Ifeanyi Okowa has commenced moves to
pull the state government out from its current abysmal N636 billion
indebtedness in the face of the country’s economic recession.

Governor Okowa today in Asaba, gave the Delta State House of
Assembly members, a breakdown and the true picture of the state
indebtedness, in his State- of – the- State address to the people of
Delta and the way forward.

Governor Okowa told the capacity filed haloed chambers’ that he has
directed the state’s ministry of Finance and the Accountant- General
to restructure the irrevocable standing payment order (ISPO) on
contractor’s guarantee and overdraft facility over a period of 42
months.

Governor Okowa has equally directed that necessary machinery be put in
place to boost the state’s Internally Generated Revenue (IGR) while
steps will urgently be taken to plug loopholes in revenue
collection.

According to him, “shortly after I was sworn in , I caused to be
issued the suspension of ; recruitment by Civil Service Commission
made after 31 December , 2013 to date”.

“Payment of 20 % cost of collection (CoC) of internally generated
revenue (IGR), consultancy contracts entered into by the Board of
Internal Revenue and approvals for deduction of IGR collections
by MDAs pending their review; all contracts approvals or commitments
entered into for and on behalf of the state government from 1st
April , 2015 or any contract tied to the 2015 budget”.

Giving a breakdown of the state indebtedness Governor Okowa hinted
that “Federal allocation has dipped significantly, dropping to just
N8.03billion, as received in May 2015, from a high of over N20
billion in previous years”

He said the “state is currently grappling with a revenue bond and
indebtedness to commercial banks totally N98.62 billion (principal
sum), while outstanding contractual obligation is
N538,601,962,421.50.”

Okowa revealed that “in 2011, the state government took a N50billion
facility from the bond market , with a repayment perod of seven
years in 84 installments at N1.098billion each month”, adding that “
this facility will terminate in September 2018 with 40 more
installments(totally N43.92 billion) to pay with effect from June
2015.”

In November 2014, Okowa revealed that “ Delta State also acted as
guarantor to some contractors supported by the issuance of an
Irrevocable Standing Payment Order (ISPO) of N2.23 billion monthly ,
for which the contractors received the total sum of N40billion”.

He explained that “the state now have paid four installments , has 20
more monthly installments totaling N44.60 billion (including interest
payments) extending through year 2017 to pay”, adding that “we also
have N19billion and another N715 million overdraft facility
outstanding with Zenith Bank Plc, while some other smaller loans and
overdraft facility totaling about N2billion with other banks have to
be paid”.

He further lamented that “ as it stands today , a total monthly
deduction of N4.60 billion will be made from our FAAC receipts with
effect from this June through to March 2017, and thereafter N1.098
billion monthly until September 2018, saying that this leaves u
with a balance of N3.4billion assuming the FAAC allocation stays at
N8.03 billion”.

Currently, Senator Okowa pointed out that “the receipt from internally
generated revenue (IGR) is about N2.0 billion monthly , after
deducting cost of collection , adding that “the implication of the
above scenario is that the funds available to run the state is
N5.40 billion monthly in the next two years , except there is a
significant rise in oil receipts and FAAC earning as well as our IGR”

Senator Okowa stated that “unfortunately, the available funds of N5.4
billion is insufficient to offset our monthly wage bill , let alone
fund overhead coast or for government to embark on capital
projects .

He said the state workforce as at May 28, 2015 stood at over
N60,000 persons with a monthly personnel cost of N7,437,940,015.38
inclusive of the N678 million state government support to local
government councils for the payment of primary school teacher’s
salary.

He therefore called for scarifies, synergy between the executive,
legislatures and Deltans in his attempt to pull the parlors state of
the state out from the economic woods

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