Bola Tinubu
doesn’t have a house, he has houses. Quite a significant percentage of
Nigerians, mostly of a distinct political leaning with the former gorvernor of
Lagos State believe he is Nigeria’s biggest landlord. This is owing to his vast
real estate possessions which span across the choicest locations in his home
state of Lagos, and also the nation’s capital city of Abuja. Tinubu’s houses
range from mansions, estates, and erstwhile state houses to hospitals, schools,
hotels, event and shopping centers.
doesn’t have a house, he has houses. Quite a significant percentage of
Nigerians, mostly of a distinct political leaning with the former gorvernor of
Lagos State believe he is Nigeria’s biggest landlord. This is owing to his vast
real estate possessions which span across the choicest locations in his home
state of Lagos, and also the nation’s capital city of Abuja. Tinubu’s houses
range from mansions, estates, and erstwhile state houses to hospitals, schools,
hotels, event and shopping centers.
Below we
take a look at the most important of Tinubu’s houses, their locations, costs of
acquisition and every other thing you should know about the homes of Nigeria’s
biggest landlord. But first, let’s take a brief look at the biography of this
activist turned billionaire politician.
take a look at the most important of Tinubu’s houses, their locations, costs of
acquisition and every other thing you should know about the homes of Nigeria’s
biggest landlord. But first, let’s take a brief look at the biography of this
activist turned billionaire politician.
Brief
Biography of Bola Tinubu
Bola Ahmed Tinubu was born on 29 March 1952 in the city
of Lagos, Nigeria. He attended St. John’s Primary School, Aroloya, Lagos
and Children’s Home School in Ibadan. Tinubu then went to the United
States in 1975, where he studied first at Richard J. Daley College in Chicago, Illinois,
and then at Chicago State University. He graduated in 1979 with a Bachelor
of Science degree in Accounting.
of Lagos, Nigeria. He attended St. John’s Primary School, Aroloya, Lagos
and Children’s Home School in Ibadan. Tinubu then went to the United
States in 1975, where he studied first at Richard J. Daley College in Chicago, Illinois,
and then at Chicago State University. He graduated in 1979 with a Bachelor
of Science degree in Accounting.
Tinubu worked for the American companies Arthur Andersen, Deloitte,
Haskins, & Sells, and GTE Services Corporation. After returning to
Nigeria in 1983, Bola Tinubu joined Mobil Oil Nigeria, and later
became an executive of the company.
Haskins, & Sells, and GTE Services Corporation. After returning to
Nigeria in 1983, Bola Tinubu joined Mobil Oil Nigeria, and later
became an executive of the company.
Bola
Tinubu was elected senator for the Lagos West Constituencycy in 1993. The election was just prior to a
military take-over in December 1993. After the return to democracy, he was
elected governor of Lagos State, holding office from 29 May 1999 to 29 May
2007. He is an influential member of the All
Progressives Congress, and has
been routinely referred to as the national leader of the party.
Tinubu was elected senator for the Lagos West Constituencycy in 1993. The election was just prior to a
military take-over in December 1993. After the return to democracy, he was
elected governor of Lagos State, holding office from 29 May 1999 to 29 May
2007. He is an influential member of the All
Progressives Congress, and has
been routinely referred to as the national leader of the party.
Tinubu’s
successful political career has enabled him to acquire the most pricely real
estate possessions which include prime land of 157 hectares with 2.5km of the
Atlantic beachfront valued at about N10 billion, 14 hectares of Parkview Estate
Ikoyi foreshore land reclaimed by the Lagos State Government, the annex of the
Lagos State Guest House in Asokoro Abuja, a 5 bedroom detached house on one
acre of land valued at N450 million, his permanent residence at Bourdillion
road Ikoyi worth over N1 billion and 250 hectares of land located at Ajah
junction on Lekki road valued at N35 billion.
successful political career has enabled him to acquire the most pricely real
estate possessions which include prime land of 157 hectares with 2.5km of the
Atlantic beachfront valued at about N10 billion, 14 hectares of Parkview Estate
Ikoyi foreshore land reclaimed by the Lagos State Government, the annex of the
Lagos State Guest House in Asokoro Abuja, a 5 bedroom detached house on one
acre of land valued at N450 million, his permanent residence at Bourdillion
road Ikoyi worth over N1 billion and 250 hectares of land located at Ajah
junction on Lekki road valued at N35 billion.
Tinubu
reportedly also owns 1,000 hectares of land at Ibeju Lekki local government
area of Lagos State valued at N75 billion, a Fishery Landing Jetty in Badore,
the Ogudu Foreshore Scheme worth N15 billion, and stakes in quite a number of big
businesses that include Oando and TV and Radio Continental.
reportedly also owns 1,000 hectares of land at Ibeju Lekki local government
area of Lagos State valued at N75 billion, a Fishery Landing Jetty in Badore,
the Ogudu Foreshore Scheme worth N15 billion, and stakes in quite a number of big
businesses that include Oando and TV and Radio Continental.
Tinubu’s
House In Bourdillon Road, Ikoyi
Bola
Tinubu’s house at No 26 Bourdillon Road, Ikoyi is the most famous of his known
residences. It is widely believed the be the permanent residence of the
billionaire politician.
Tinubu’s house at No 26 Bourdillon Road, Ikoyi is the most famous of his known
residences. It is widely believed the be the permanent residence of the
billionaire politician.
The Bourdillon residence was initially falsely presented as Oando Plc Guest House.
Later, the
former Lagos State governor while still in office purportedly bought it from Oando, and
used public funds to rebuild and renovate it.
Later, the
former Lagos State governor while still in office purportedly bought it from Oando, and
used public funds to rebuild and renovate it.
The Lagos State
Government bought the property and paid an undisclosed sum to him,
but thereafter gave the
property back to him under the bogus Pension Bill he signed to law shortly
before he left office in 2007.
Government bought the property and paid an undisclosed sum to him,
but thereafter gave the
property back to him under the bogus Pension Bill he signed to law shortly
before he left office in 2007.
There were once rumours that when President Muhammadu Buhari came calling at Tinubu’s Bourdillon Road home during the 2015 presidential campaign, he was visibly shocked to see
30 cars parked in the property.
30 cars parked in the property.
Buhari,
wondering what all the cars were for, asked Tinubu
whether he was a luxury car dealer. Tinubu responded that the cars were given
to him by well-wishers.
wondering what all the cars were for, asked Tinubu
whether he was a luxury car dealer. Tinubu responded that the cars were given
to him by well-wishers.
Tinubu’s house in Bourdillon is worth over N600 million. It
has hosted Presidents, ambassadors, Captains of Industry and even bullion vans.
has hosted Presidents, ambassadors, Captains of Industry and even bullion vans.
Tinubu
House In Queens Drive, Ikoyi
Tinubu’s
second house in Ikoyi, the most affluent neighborhood of Lagos is located at No 4, Oyinkan Abayomi (formerly Queens) Drive. The 5-bedroom detached house on one acre of
land was originally the Lagos State Governor’s guest house since 1979, but it now belongs to Tinubu.
second house in Ikoyi, the most affluent neighborhood of Lagos is located at No 4, Oyinkan Abayomi (formerly Queens) Drive. The 5-bedroom detached house on one acre of
land was originally the Lagos State Governor’s guest house since 1979, but it now belongs to Tinubu.
The certificate
of occupancy of the property valued at N450 million was signed and released to
him in 2007 by then
Lagos State Governor, Babatunde
Fashola.
of occupancy of the property valued at N450 million was signed and released to
him in 2007 by then
Lagos State Governor, Babatunde
Fashola.
Tinubu
House In Asokoro, Abuja
House In Asokoro, Abuja
Tinubu’s
house in Asokoro Abuja, which previously served as an annex of the Lagos State
Government was bought by
the Lagos State
Government under Tinubu in 2006 for N450 million, purportedly to protect the main
house from security breach.
house in Asokoro Abuja, which previously served as an annex of the Lagos State
Government was bought by
the Lagos State
Government under Tinubu in 2006 for N450 million, purportedly to protect the main
house from security breach.
Shortly after
Tinubu left office, the property was transferred to him under the pension plan
he signed into law before leaving office.
Tinubu left office, the property was transferred to him under the pension plan
he signed into law before leaving office.
Tinubu’s Housing Estates
The former Lagos State governor and National Leader of
the ruling All Progressives Congress reportedly owns Fara Park Estate and
Beachwood Estate in Lekki, Lagos State.
the ruling All Progressives Congress reportedly owns Fara Park Estate and
Beachwood Estate in Lekki, Lagos State.
The Ilubinrin Housing Estate (which used to house Lagos state civil
servants and judges up till 2007) valued at N2.5billion is reportedly
also owned by Tinubu.
servants and judges up till 2007) valued at N2.5billion is reportedly
also owned by Tinubu.
Other Luxuries Owned By Tinubu
Bola Tinubu also owns costly private jets with the
most pricely being the Bombadier Global Express XRS. The jet is valued at 60
million US Dollar.
most pricely being the Bombadier Global Express XRS. The jet is valued at 60
million US Dollar.
Tinubu also owns a fleet of luxury cars which include
a G-Wagon worth N600 million. The car comes fitted with bomb detector
apparatus, surveillance cameras. The luxury ride is also bulletproof.
a G-Wagon worth N600 million. The car comes fitted with bomb detector
apparatus, surveillance cameras. The luxury ride is also bulletproof.