Dele Alake, director of strategic communication in the All
Progressives Congress (APC) presidential campaign council, says Bola Tinubu,
the party’s flagbearer, made his money from buying stocks in blue chip
companies.
Alake spoke on Sunday during an interview on Channels
Television.
Ahead of the 2023 elections, the source of Tinubu’s wealth
has again come under scrutiny.
Commenting on the matter, Alake said the former Lagos
governor was not a “pauper” before he become a senator in 1992.
“I knew him to have been spending money ever before he got
to office. In 1991, he was going into politics, he contested a senatorial
election — Lagos west — and he won,” he said.
“Most Nigerians know that contesting elections in Nigeria is
not a child’s play. Paupers don’t contest elections. How much more a senatorial
election?
“He must be a man of some means. In fact, before then, he
had been contributing to political organisations and causes before he took up
the gauntlet and went into the senate.
“He polled the
highest number of votes nationwide in that senatorial election of that year and
became a senator in 1992.
“Fast forward to 1993, we started the June 12, he was in the
Yar’Adua’s caucus — the Peoples Font — within SDP at that time. He was also
funding. He was not a pauper.”
Alake said those questioning Tinubu’s source of wealth are
expressing the “hatred” they have for the former Lagos governor.
“What I know is that right from his days in the corporate
world, he has been trading in stocks even in foreign currencies,” he added.
“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.
“But I know he has been trading in stocks. He was buying
stocks of blue chip companies and all of that. He was making money and spending
money. He has been doing all of these years before he got to office.
“Why people are querying his source of wealth is because he
had been a successful governor of Lagos and a successful politician even after
office.
“He is about the only one of the class of 1999 who is at
that enviable height, politically. He is bound to attract all of these negative
comments.”
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