source: saharareportersrescue
The chieftain of APC and former Governor of Lagos State,
Asiwaju Bola Ahmed Adekunle Tinubu
Bola Ahmed Tinubu Net Worth And Properties
These are the choice
properties said to belong to the chieftain of APC and former Governor of Lagos
State, Asiwaju Bola Ahmed Adekunle Tinubu
1. The 1,000 hectares of land valued at about N75Billion
located at Lakowe near Abijo at Ibeju-Lekki Local Government and given to Lekki
concession company [LCC] which is partly-owned by Tinubu and Fashola and being
developed as golf
course and housing estate by Assets and Resource Management
Ltd [ARM] as ADIVA project.
2. The prime land of 157 hectares with 2.5km of Atlantic
beachfront valued at about N10Billion.
3. He paid $20Million [N4.4Billion] to Ibukun Fakeye to
commence the project in late 2006. Fashola was said to have released additional
funding for this project when he was in power as Lagos State Governor.
4. The 14 hectares Parkview Ikoyi Estate foreshore land
reclaimed by Lagos State Government is also believed to be owned by Ahmed Bola
Tinubu and its valued at N3Billion.
5. The annex of the Lagos State Guest House in Asokoro,
Abuja bought by the State Government in 2006 for N450Million to protect the
main house from security breach. Shortly after he left office, the property was
transferred to him under the Lagos State pension plan as part of his pension as
former governor of Lagos State.
6. 4, 0yinkan Abayomi [formerly Queens] Drive, Ikoyi; A 5-
bedroom detached house on one acre of land which was originally the Lagos State
Governor’s guest house since 1979 was acquired by Ahmed Bola Tinubu. The
property valued at N450Million was signed and released to him by Fashola in
2007 shortly after Fashola assumed office.
7. Tinubu’s residence at 26Bourdillon Road, Ikoyi is said to
worth over N1Billion which part of his net worth.
8. The 250-hectares of land valued at about N35Billion and
strategically located at the Ajah junction on Lekki Road which was initially
meant for a General Hospital for the people of Eti-Osa is now the property of
Tinubu currently in the control
of Trojan Estate Ltd, a company owned by Tinubu. The
property is being developed as Royal Garden Housing Estate.
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9. Tinubu also owns some first class luxury cars, one of
them is G-Wagon said to worth N600 Million and built with bullet proof and bomb
detector apparatus as well as surveillance cameras.
10. He also acquired for himself sophisticated private jet
worth $60Million. One of the Tinubu’s private jet, Bombardier Challenger worth
$60Million
11. The choice property at Lekki- Epe road on which he built
the multi- billion naira Oriental HOTEL AND the extension of a multi storey car
park beside it is said to worth N120Billion together with the hotel.
12. A Multi-level recreation center by Mobil in Oniru Estate
on Lekki-Epe Expressway jointly owned with ARM and Tunji Olowofe is said to
worth N25Billion.
13. Another 3.8 hectare of land at the Lagos State Fisheries
Office in Victoria Island valued N3Billion is also his property.
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14. The Fishery Landing jetty at Badore [where the Ilubirin
fishermen were to be relocated] valued at N500Million is another choice
property of Mr Tinubu.
15. The entire Ogudu foreshore scheme valued at N5Billion.
Adding to the Bola Ahmed Tinubu Net Worth.
16. The Ilubinrin housing estate [which used to house Lagos
State civil servants and judges up till 2007] worth N2.5Billion has been since
acquired by Mr. Bola Ahmed Tinubu.
17. The former Julius Berger yard at Oko Orisan, Epe valued
at N450Million.
18. Tinbu’s wife, Remi Tinubu, built the massive New Era
foundation youth camp at the junction of Eleko, off the Lekki-Epe express road
which is also part of Tinubu’s wealth.
19. TVC Radio Continental is owned by Bola Ahmed Tinubu as
part of his media investments. These two media outfits is valued at N2.6Billion.
20. Oando Oil which is manged by his younger brother, Wale
Tinubu is in reality owned by Bola Ahmed Tinubu himself. This oil and gas
company with revenue of ₦449.8 Billion and total equity of ₦162 Billion is the
largest indigenous oil company
in Nigeria.
With shares and interest in hundreds of other businesses and
interests, Bola Ahmed Tinubu Net Worth is estimated to be N10Trillion
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