2023: Tinubu Finally Speaks on Ownership of Oriental Hotel, Civic Centre

2023: Tinubu Finally Speaks on Ownership of Oriental Hotel, Civic Centre

  • Tinubu has given his version of the allegation that he owns the Oriental Hotel and the Civic Centre located in Lagos state
  • The APC presidential candidate recently denied ownership of the establishments and some others linked to him
  • However, the former Lagos governor revealed that he made available the conducive environment for investors to transform the place to what it is now

Asiwaju Bola Ahmed Tinubu has reacted to claims that he owns the Oriental Hotel located in Lagos state.

In a documentary released by Tinubu's campaign team, the presidential candidate of the All Progressives Congress (APC)'s presidential candidate said neither the hotel nor the Civic Centre belongs to him.

Bola Tinubu
Tinubu denies ownership of the establishments (Photo: Asiwaju Bola Ahmed Tinubu)
Source: Facebook

Tinubu, however, admitted that he provided the environment for investors to build the establishment.

The former Lagos governor revealed that before the establishments, the entire Lekki Corridor was a refuse dump that took months to clear.

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Tinubu said:

“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."

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Meanwhile, Tinunu had stunned wailers over the sources of his wealth.

Tinubu pointed out that any Nigerian who was smart enough to invest a mere N1.8m in Apple Corporation shares in 1980, will be worth more than N10 trillion today.

In a Facebook post shared by Joe Igbokwe, Tinubu revealed that he became a millionaire in dollars at least 10 years before he became the governor of Lagos state.

APC national leader disclosed that while still a NADECO chief, he was very wealthy.

Source: Legit.ng

Authors:
Onyirioha Nnamdi avatar

Onyirioha Nnamdi Onyirioha Nnamdi is a graduate of Literature and English Language at the University of Lagos. He is a Politics/Current Affairs Editor who writes on news and political topics for Legit.ng. He brings into his reporting a wealth of experience in creative and analytical writing. Nnamdi has a major interest in local and global politics. He has a professional certificate from Reuters and was awarded the editor with the best listicle for 2021. Contact: 08062988054, o.nnamdi@corp.legit.ng