Bola Ahmed Tinubu house, Lands, And Asserts 1. The 1,000 hectares of land near Abijo in Ibeju-Lekki Local Government are worth about N75 bi...
Bola Ahmed Tinubu house, Lands, And Asserts
1. The 1,000 hectares of land near Abijo in Ibeju-Lekki Local Government are worth about N75 billion and were given to the Lekki concession company (LCC), which is partly owned by Tinubu and Fashola, and are being turned into a golf course and housing estate by Assets and Resource Management Ltd (ARM) as part of the ADIVA project.
Bola Ahmed Tinubu, also known as "The Jagaban of Borgu," is thought to have a net worth of about 10 trillion, which makes him (probably) the richest politician in Nigeria.
2. The 157 hectares of prime land with 2.5 kilometers of Atlantic beachfront are worth about N10 billion.
3. He gave Ibukun Fakeye $20 million (N4.4 billion) to start the project in late 2006. When Fashola was governor of Lagos State, he was said to have given this project more money.
4. It is thought that Ahmed Bola Tinubu owns the 14 hectares of Parkview Ikoyi Estate foreshore land that was taken back by the Lagos State Government. This land is worth N3 billion.
5. The State Government of Lagos bought the Annex of the Lagos State Guest House in Asokoro, Abuja, for N450 million in 2006 to protect the main house from security breaches. As part of his pension as the former governor of Lagos State, the property was given to him soon after he left office through the Lagos State pension plan.
6. 4, Oyinkan Abayomi [formerly Queens] Drive, Ikoyi. Ahmed Bola Tinubu bought a 5-bedroom detached house on one acre of land that used to be the guest house of the Lagos State Governor since 1979. Fashola signed and gave him the deed to the property, which was worth N450,000,000, soon after he took office in 2007.
7. Tinubu's home at 26Bourdillon Road, Ikoyi is said to be worth more than N1.5 billion, which is also part of his net worth.
8. The 250-hectare plot of land at the Ajah junction on Lekki Road, which is worth about N35 billion and was meant to be a general hospital for the people of Eti-Osa, is now Tinubu's property and is run by Trojan Estate Ltd, a company that Tinubu owns. Royal Garden Housing Estate was built on the land, which is now worth more than a 200Billion.
9. Tinubu also owns some high-end luxury cars. One of these is the G-Wagon, which is said to be worth N600 million and is built with bulletproofing, bomb detectors, and security cameras.
10. He also bought himself a private jet that is high-tech and worth $ 60 million.
The Bombardier Challenger, one of the Tinubus' private jets, is worth $ 60 million.
The inside of the Bombardier Challenger 11 belongs to the Tinubu. On a prime piece of land on Lekki-Epe Road, where he built the multi-billion-naira Oriental Hotel and added a multi-story parking garage next to it, he built the multi-billion-naira Oriental Hotel. Together, the hotel and the land are said to be worth N120 billion.
12. A recreation center owned by Mobil, ARM, and Tunji Olowofe in Oniru Estate on the Lekki-Epe Expressway is said to be worth N25 billion.
13. He also owns 3.8 hectares of land worth N3 billion at the Lagos State Fisheries Office in Victoria Island.
14. Mr. Tinubu also owns the Fishery Landing jetty in Badore, which is worth N500 million and is where the Ilubirin fishermen were going to be moved.
15. The total cost of the Ogudu foreshore project is a billion. Adding to the amount of money Bola Ahmed Tinubu has.
16. The Ilubinrin housing estate, which used to be home to civil servants and judges from Lagos State until 2007, is still a place to live. Since then, Mr. Bola Ahmed Tinubu has bought this housing area for N2.5 billion.
17. The former Julius Berger yard at Oko Orisan, Epe, is worth N450 million.
18. Tinbu's wife, Remi Tinubu, built the vast New Era Foundation youth camp at the corner of Eleko, off the Lekki-Epe express road, which is also part of Tinbu's wealth.
19. Bola Ahmed Tinubu owns TVC Radio Continental as part of his investments in the media. The value of these two media companies is N2.6 billion.
20. Bola Ahmed Tinubu actually owns Oando Oil, which is run by his younger brother, Wale Tinubu. This oil and gas company is the biggest one in Nigeria. It makes $449.8 billion in sales and has 162 billion in equity.