Source of Tinubu's wealth revealed - The World's Biggest Pride
Home / AFRICA NEWS / News Africa / Source of Tinubu’s wealth revealed

Source of Tinubu’s wealth revealed

Bola Ahmed Tinubu, the presidential candidate of All Progressives Congress (APC) in Nigeria

The upcoming presidential elections in Nigeria have created an avenue for Nigerians to question the source of wealth of some of the top politicians contesting in the polls.

Bola Ahmed Tinubu, the presidential candidate of the ruling All Progressives Congress (APC) is one figure that has come under intense scrutiny with the issue of his wealth being questioned not only by political rivals but well-meaning Nigerians.

As a way of responding to comments of such nature, Dele Alake, the Director of Strategic Communication of the All Progressives Congress (APC) presidential campaign council has reiterated the source of the wealth of the political stalwart.

Speaking in a recent interview on Channels TV on Sunday, September 11, Alake insisted that Tinubu became rich by buying stocks in blue-chip companies.

For the uninitiated, a blue chip company (blue-chip stock) is a large company that is well-established and financially sound, having operated for several years and with dependable earnings. They often pay dividends to shareholders.

Alake further noted that the ex-Governor of Lagos was not a “pauper” before he became a senator in 1992.

“What I know is that right from his days in the corporate world, he has been trading in stocks even in foreign currencies.

“He has been buying stocks, bonds, and all of that. I’m not a finance person. I’m not going to be interested in the nitty-gritty of it all,” Alake said.

He added that people are questioning Tinubu’s wealth because he has remained rich after leaving office.

CLICK HERE TO DOWNLOAD PRESS RADIO MOBILE APP

“He is about the only one of the class of 1999 who is at that enviable height, politically. He’s bound to attract all of these negative comments,” Alake added.

 

Source: mynigeria.com

About admin

Check Also

Fuel, cash shortages cause fury among Nigerians ahead of election

Muhammed Bazza has been queueing for petrol in the blazing sun for four hours, while …

Top 5 African countries with the highest number of billionaires

Africa is home to some of the world’s fastest-growing economies, high-net-worth individuals, and several well-established …

Aliko Dangote ranks top in Forbes list of wealthiest persons in Africa

Despite recording a drop in fortune of about $400 million to $13.5 billion, Nigerian business …

Leave a Reply

Your email address will not be published. Required fields are marked *

WP Twitter Auto Publish Powered By : XYZScripts.com