Tag Archives: bola tinubu
2023: Tinubu, Buhari In Close Door Meeting Again

President Muhammadu Buhari is currently in a meeting with former Lagos State governor, Asiwaju Bola Tinubu, at the presidential villa, Abuja.
The meeting is coming against the president’s expressed fear that the ruling party may lose power in 2023 if it is unable to resolve its present problems.
Tinubu arrived at the villa just before the scheduled 3.00 pm meeting and went to the president’s office.
It is expected that the internal crisis preceding the planned national convention of the APC will be a major focus of the meeting.
Tinubu is perceived to be an aspirant for the presidential ticket of the ruling party.
Insiders Confirmed Rift Between Tinubu, Aregbesola

What could have caused a fight between the Interior Minister, Ogbeni Rauf Aregbesola and his godfather, Asiwaju Bola Ahmed Tinubu? Is it Asiwaju’s ambition? Is Aregbesola against the plans by his mentor to become the President? Those were questions raised by people within and outside the circle of the APC regarding the reported fight between these two politicians.
Papermacheonline can exclusively gathered that the matter did not just happen, they had both not been on talking terms, but its well managed that if you don’t belong to the inner caucus of the Lagos APC you wouldn’t have noticed.
‘Aregbe’ who is regarded as the spiritual guardian of the APC and Tinubu, the strongman of the party were said to have fallen apart over an issue concerning the running of the government of Osun State.
According to those in the know, the Osun State Governor, Gboyega Oyetola is alleged to have heavily cut down the influence of his predecessor, Ogbeni Rauf Aregbesola in the politics of the State.
The Governor not only cancelled most of the projects embarked upon by Aregbe when he was the Governor, he also collapsed his structures and he didn’t feature any of his aides in his government. This in no little means has affected Aregbesola’s base who complained to Asiwaju Tinubu to call his cousin-Governor to order.
It is revealed that Tinubu’s body language indicated he had already taken a side and Aregbesola took offence and stayed away from the presidential aspirant.
Their fight became public knowledge when Asiwaju Tinubu traveled to the United Kingdom for a knee treatment and he was visited by the who-is-who in Nigerian politics. Aregbesola unexpectedly was not part of the pilgrimage to London.
Also when Asiwaju returned and he was welcomed by his trusted aides and loyalists, the former Governor of Osun State was nowhere to be found.
Insiders among the party confirmed there is an issue, but hinted it was minor, laying claims to similar matters in the past.
It is said that the close bond the two politicians shared makes it difficult for people to wade into their matter. Pundits believe when the time comes, the two men would come back together as they both need each other for strategic reasons concerning Tinubu’s ambition.
Ahead 2023; Goodluck Jonathan Joins APC

Ex-President, Goodluck Jonathan has officially joined the ruling APC.
The former President who served under the PDP for four years lost the presidential election to General Muhammadu Buhari in 2019 .
There has been rumours that Goodluck Jonathan is been positioned to contest for President in 2023.
The coming presidential election has big-wigs like Asiwaju Bola Tinubu, Alhaji Atiku Abubakar and many others as contenders.
‘I Am The Only Lawyer That Removed Four PDP Governors In Nigeria’ -Chief Niyi Akintola

Tinubu’s Men Named In 16.4 Billion Naira Scandal (the WEMA Bank connection)

Bank records of Ocean Trust Limited showed how the company hurriedly shuffled billions of naira between its accounts with Wema Bank.
Between January and June 2019, Ocean Trust summarily moved N16.4 billion from its operations accounts into a fixed deposit account, all domiciled at Wema Bank, a bank.
Ocean Trust was specifically mentioned in Mr. Apara’s court documents as one of the firms allegedly used to siphon funds from Alpha-Beta, the controversial Lagos tax contractor whose financial activities have come under scrutiny amidst ongoing publications by the Gazette.
Alpha-Beta has received billions from Lagos treasury since Mr. Tinubu was governor, according to Apara who said the firm received N150 billion in the past 15 years from Lagos.
Most of the transactions, which Mr. Apara said were later laundered through fronts, were conducted in secrecy, and Mr. Tinubu and his successors have rejected all requests to publish the state’s financial records.
On January 2, 2019, Ocean Trust moved N1.5 billion from its 0702892574 Wema Bank account to another 0122613238 account within Wema Bank. The description for the transaction was labelled “Closure proceeds”. A week after on January 9, N800 million was transferred to the same bank account.
On January 16, 2019, N500 million was also transferred to the same account. N1.5 billion, N800 million, and N500 million were transferred to the 0122613238 Ocean Trust account on February 1, February 8 and February 15 in 2019, respectively.
The same account got N1.5 billion on March 4, while N800 million and N500 million were transferred on March 11 and 18, 2019.
On April 3, the account received yet another N1.5 billion while N800 million was credited to it on April 10 and another N500 million on April 17.
N1.5 billion was moved to the account on May 3 while N600 million and N500 million were credited to the account on May 10 and May 17 respectively.
On June 3, N1.5 billion was transferred to the Ocean Trust account with another N600 million on June 10 and another N500 million on June 17.
The suspicious N16.4 billion transactions that went into a fixed deposit with Wema Bank were also carried out with 08092317155, a telephone number linked to a TVC executive Adefarakan.
On April 10, 2019, N200 million was transferred directly from Ocean Trust to Continental Broadcasting Service, the parent company of TVC which Mr. Tinubu admitted he had shares in a statement last month.
The broadcaster also received N10 million directly from Ocean Trust on June 14, 2019, even though the company had already been exposed as a shell business by Mr. Apara.
Also on the registration filings of Ocean Trust was Frank Obi, group executive director of Paragon Holdings.
Paragon built Ikeja City Mall, Circle Mall, Oshodi LAWMA Complex, Simpson LAWMA Complex and once held a 20 percent stake in Ikeja City Mall. Mr. Obi, who is also a non-executive director at Primero, had two million shares in Ocean Trust.
Kehinde Durosinmi-Etti, head of Lagos State Security Trust Fund, was also on Ocean Trust CAC document obtained by the Gazette with 2.4 million shares, alongside a former senator Jonathan Zwingina, who had 2.5 million shares.
Wema Bank account opening package obtained by the Gazette showed Mr. Adefarakan was a signatory to Ocean Trust’s financial activities.
‘You Have Every Reason to Fear’, Group Chides Tinubu Over Remark On Atiku

N4Atiku, a group working towards enhancing the Atiku Abubakar presidential project, has lambasted All Progressives Congress chieftain, Asiwaju Bola Ahmed Tinubu over his comment on Thursday that Nigerians cannot go back to the illusion of the PDP.
Tinubu while speaking to newsmen after his meeting with President Buhari said ‘ we don’t fear, whether it is in the jungle or Dubai but we are not going back to the illusions of the PDP”.
The N4Atiku Group, in a statement released by its spokesperson, Isiaka Abdulai claimed ‘Tinubu has every reason to fear. The Atiku’s candidacy is divine and anyone standing against it will be crushed’.
Abdulai stated that since the PDP picked Atiku as its flag bearer, the All Progressive Congress has been having sleepless nights because they know he has the plans, the brain and the plot to send President Muhammadu Buhari packing in 2019.
The N4Atiku Group also advised Tinubu to stop speaking for Nigerians, ‘Tinubu can only speak for himself, his family and followers and not Nigerians who are tired of their gimmicks, lies and are ready to massively send them away in 2019’,.
The recent exchange attracted a lot of response from people who think Tinubu is not in the best position to ridicule Atiku who was in Dubai for meetings and consultations on how to actualize his ambition in 2019.
“The former VP is not ignorant of the plans by the PDP and its agents to get as much information about the parley as possible, hence the provocative comments”, the Group concluded.
He Whom The Gods Favour; Seyi Tinubu’s Rising Influence In Lagos

The enormous power wielded by APC chieftain and ex Governor of Lagos State, Asiwaju Bola Tinubu is not about to wane anytime soon as his son, Seyi also appears to be leveraging on his father’s hold on Africa’s most populous city.
According to reliable sources, the younger Tinubu is using his father’s influence to seal some deals in the state that is fetching him a fortune.
One of the opportunities cited by the source is the Lekki-Epe toll gate 1 and 2 roads, the Lekki/Ikoyi link bridge controlled by the Lekki Concession Company. It is being alleged that Loatsad Promomedia, an outdoor advertising agency owned by Seyi Tinubu owns the massive LED advertising screens at the three toll gates.
Investigations put the cost of advertising on the screen at N7Million-N10Million monthly.
‘It is not known how the young businessman came about the opportunity to locate the massive screens at the strategic points, no one can also remember when LCC called for open bids for outdoor advertisers to take up the vantage positions at the toll gates’ stated the source.
Those who know Seyi Tinubu revealed to papermacheonline that he is quiet and unassuming, but wields so much influence, an information that a source that knows the inner working of the state disclosed that has so much power that it is difficult for the State Governor, Akinwumi Ambode to say ‘No’ to some of his many requests.
Seyi graduated from the university in 2011 with a law degree. He received a LLB from the University of Buckingham, United Kingdom, in 2011, became a member of Nigeria Bar Association in 2013. His profile also shows he has vast companies and investments spanning across Energy, Construction, Agriculture, Advertising, Technology, Human Resource, Entertainment, Branding.
Lagos State government have been in the eye of the storm lately owing to the increase in toll charge, land use charge, refuse management and the recent discovery that Alpha Beta, a tax consultant, allegedly owned by Bola Tinubu, was included in the new Land Use Charge law of the state, as a revenue collector for the state.