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2023: Atiku’s aide carpets Tinubu over rags-to-riches claim

Mr. Phrank Shaibu, Special Assistant on Public Communication to presidential candidate of the People’s Democratic Party (PDP), Alhaji Atiku Abubakar, has rubbished the rags to riches claim of Asiwaju Bola Tinubu, presidential flagbearer of the  All Progressives Congress, APC, describing it as hogwash and a fairy tale.

Tinubu, Shauibu said, had claimed in a response to a question by a BBC correspondent on the source of his humongous wealth that he inherited wealth and traded in stock just like Warren Buffet.

However, Shauibu doubted the claim, as US authorities disclosed that Tinubu revealed in bank documents that he worked with Mobil Nigeria Limited in 1989 and his salary was just $2,400 without any other source of income.

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“But records from his First Heritage Bank account showed that in 1990 (just within one year), Tinubu deposited $661,000 into his individual money market account and in 1991 deposited $1,216,500 into the same money market account. Where did he get the money from?

“Bola Tinubu is a man who publicly boasted in Osun State in 2018 that he was richer than Osun. In 2019, he had bullion vans on his premises in Ikoyi and admitted to sharing money with his supporters.

“When he was challenged by journalists, he said he was not a government contractor. So, what is his source of wealth?

“Why can’t Tinubu be brave enough to reveal his source of wealth? For starters, this is a man whose name is not even on the CAC registration documents of any of the companies linked to him.”

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Shauibu stated that his principal, Atiku’s source of wealth was never in doubt.

He said: “Atiku Abubakar’s source of wealth has never been in doubt. The ones he has listed publicly include: NICOTES (now Intels) founded in 1989; Prodeco, 1996; Atiku Farms, 1982; and ABTI schools, 1992.

“Some of these companies like INTELS have had reputable Nigerians like the late General Shehu Yar’Adua and even traditional rulers on its board. We dare Tinubu to list his companies and source of wealth as Atiku has done.”