While discussing politics in Nigeria, the name Bola Ahmed Tinubu will always come up due to his accomplishments as the former governor of Lagos State.
Although Tinubu was surrounded by controversy during the 2023 presidential election, he still emerged victorious after the final result was announced.
Nigerians have heard countless times that Jagaba, as he is called, had made his wealth before coming into Nigerian politics. But what are the names of Tinubu’s companies? To answer this question, we need to start with what we know according to existing research information.
Tinubu previously worked as an accountant for Mobil Nigeria in the 1900s. This was before he went into politics as the Senator of Lagos West in 1992.
List of Companies Owned by Bola Tinubu
According to an article by PREMIUM TIMES, Tinubu has twelve shell companies in tax havens.
This information was included in the Panama Papers documents obtained by PREMIUM TIMES.
Here is a list of companies owned by Tinubu, according to the report.
- Sigma Technology Inc.
- Techventure Inc.
- Anglesey Management SA
- Caine Trading Corp
- Hud Trading Corps
- Keligh Engineering Corp
- Meridian Procurement International Services Ltd
- Lynx Shipping Ltd
- Equinox Shipping Ltd
- Everglade Oil Inc.
- Triton Trading Ltd
- Framlingham Ltd
Tinubu was either the sole director or had unlimited powers to make decisions in most of the companies.
Aside from operating these offshore companies, Tinubu is also rumoured to own other companies in Nigeria. Although these are just rumours and there’s no evidence to back them up we’ll be sharing this list below.
List of Companies Allegedly Owned by Tinubu
- Oriental Hotel
- Falomo Shopping Complex
- First Nation Airline
- Lekki Concession Company
- Apapa Amusement Park
- Maiyegun Land Project
- The Nation Newspaper
- Renaissance Hotel
- Tejuoso Market (Joint ownership)
- Ikeja Shopping Mall
- TV Continental
- Radio Continental
- Alpha Beta
- Royal Gardens Estate
Tinubu has been rumoured to own or have investments in the companies listed above.
In the past, there had been reports that Tinubu’s Alpha-Beta transferred billions to a shell company run by TVC and BRT executives. This report was published on Gazettengr in 2020.