₦airaland Forum

There have been speculations that Mr Tinubu owns the Oriental Hotel and other properties in the Lekki axis of Lagos.

The Presidential candidate of the All Progressives Congress (APC), Bola Tinubu, has disclosed that most properties like Oriental Hotels, Civic Center and other properties in Lagos linked to him are not his.

Mr Tinubu, in a documentary on his achievements as Lagos State Governor, said he only provided the environment for investors to invest on the Lekki Corridor.

In the excerpt posted on Twitter by Jubril Gawat, a media aide to Governor Babajide Sanwo-Olu, the former governor said the entire Lekki Corridor was a refuse dump that took months to clear.

Oriental Hotels

There have been speculations about the ownership of the Oriental Hotel located along the popular Ozumba Mbadiwe road.

In the aftermath of the Lekki shooting in 2020, the hotel was targeted by hoodlums on the ground that the asset belonged to Mr Tinubu.

The event prompted the Western Metal Product Company, the owners of the facilities, to issue a statement about ownership of the hotel.

The Executive Director of WEMCO, Taiwo Ali, had disclosed that the WEMCO group has 99 per cent of the shares of the hotels.

In the course of the 2020 ENDSARS violence, several media outlets linked to Mr Tinubu were set ablaze. They are The Nation newspaper, Television Continental and Max Radio.

I don’t own those properties

Speaking in the documentary, Mr Tinubu, who was governor between 1999 and 2007, said he does not own the Oriental Hotel and other properties linked to him but that his administration invested resources to clear the dumps at the place where the hotel and the civic centre are located.

“I have converted a liability confronting Lagos to an asset of great value. Along Ozumba Mbadiwe, we used to pick dead bodies. People have forgotten truck pushers in those areas. You have the dirties coastline along Ozumba Mbadiwe all through Lekki corridor.

“I brought private investors, hospitality— they created the boat club, the Civic Center that is of great value to many people today—that was a refuse dump. Nobody would easily remember that Oriental Hotel was a refuse dump— a mile of refuse along that corridor. It took several months of escalating and a great investment for those investors to take the risk. Majority of those assets they claim are mine are not mine.

“I created an economic and recovery path for Lagos. There is no state that can brag of the exponential development that is going on in the Lekki Corridor,” he said.

Mr Tinubu is facing a lot of questions about his source of wealth as well as his health ahead of the commencement of campaign on 28 September in line with INEC timetable and schedule of activities.

“I created an economic and recovery path for Lagos. There is no state that can brag of the exponential development that is going on in the Lekki Corridor,” he said.

donaldking100:
BEFORE TINUBU BECAME GOVERNOR OF LAGOS STATE, HE HAD NONE OF THESE.
1. Oriental Hotel
2. Falomo Shopping Complex
3. First Nation Airline
4. Lekki Concession Company
5. Apapa Amusement Park
6. Maiyegun Land Project
7. De Nation
8. Renaissance Hotel
9. Tejuoso Market (Joint ownership)
10. Ikeja Shopping Mall
11. TV Continental
12. Converted Lagos Poly land for TVC
13. Owned NNPC Office building in Lagos
14. Radio Continental
15. Owned School of Nursing building in Lagos
16. Tax Collector of Lagos State (Alpha Beta)
17. Wife is a member of the National Assembly
18. Son-in-law is a member of the National Assembly
19. Daughter is the President-General of Market Women Association in Lagos
20. N4 billion government financed property for self at Queens Drive, Lagos.
Tinubu acquired all of the above and many more not listed after he became Governor of Lagos State, first in 1999 and won his second term in 2003.
He remains Governor Emeritus of Lagos, controlling the State’s treasury through his protege & ass-licking Governors.
If you don't agree to lick his ass like Ambode, he would look for excuses to push you out of Government.
Is that really the kinda greedy tyrant you want ruling Nigeria?
A WORD IS ENOUGH FOR THE WISE.

MODIFIED; Many of the moderators know this is true, & many of them are corrupt and are low-key working for Tinubu.
I posted this on another thread yesterday where it got more than 400 likes, just checked this morning & it has been removed.
but all the tribalistic comments about Obi weren't deleted.
I wouldn't be surprised if this gets removed too.
But that wouldn't deter me from still campaigning for a better Nigeria.

Maxymilliano:
https://www.premiumtimesng.com/news/headlines/552369-tinubu-denies-ownership-of-oriental-hotels-other-assets-linked-to-him-in-lagos.html