The China Mail - Bola Tinubu: Nigeria's political 'godfather'

USD -
AED 3.672498
AFN 64.498896
ALL 80.819685
AMD 361.12818
ANG 1.789785
AOA 917.000381
ARS 1526.750902
AUD 1.423315
AWG 1.80125
AZN 1.699594
BAM 1.741787
BBD 2.015015
BDT 123.745402
BGN 1.747831
BHD 0.377604
BIF 3000.997453
BMD 1
BND 1.278059
BOB 11.730759
BRL 5.028301
BSD 1.000472
BTN 94.559477
BWP 13.70595
BYN 2.971479
BYR 19600
BZD 2.012094
CAD 1.406545
CDF 2315.999851
CHF 0.825725
CLF 0.024811
CLP 976.49913
CNY 6.67805
CNH 6.675525
COP 3192.79
CRC 455.529135
CUC 1
CUP 24.010794
CVE 98.199695
CZK 21.63385
DJF 178.150632
DKK 6.66144
DOP 61.440772
DZD 134.662028
EGP 54.377015
ERN 15
ETB 163.87083
EUR 0.89118
FJD 2.253802
FKP 0.747587
GBP 0.747345
GEL 2.590236
GGP 0.747587
GHS 11.660299
GIP 0.747587
GMD 73.499938
GNF 8854.987666
GTQ 7.645587
GYD 209.311853
HKD 7.84711
HNL 26.857072
HRK 6.713802
HTG 131.084908
HUF 325.705016
IDR 18036.35
ILS 3.088399
IMP 0.747587
INR 94.41245
IQD 1516.6493
IRR 1832374.999948
ISK 121.249953
JEP 0.747587
JMD 158.780625
JOD 0.708993
JPY 158.136498
KES 129.840126
KGS 87.450123
KHR 4068.146802
KMF 439.499662
KPW 899.999961
KRW 1327.950601
KWD 0.31022
KYD 0.833753
KZT 446.890557
LAK 22518.390538
LBP 89591.044298
LKR 332.14739
LRD 170.580744
LSL 16.412051
LTL 2.95274
LVL 0.60489
LYD 6.419294
MAD 9.819615
MDL 17.998442
MGA 4521.489767
MKD 54.903951
MMK 2099.21541
MNT 3597.533576
MOP 8.085932
MRU 40.128421
MUR 47.289758
MVR 15.460082
MWK 1734.751129
MXN 18.66087
MYR 4.081197
MZN 63.906631
NAD 16.412051
NGN 1332.149805
NIO 36.816372
NOK 9.37735
NPR 151.295341
NZD 1.757855
OMR 0.384502
PAB 1.000481
PEN 3.438421
PGK 4.479652
PHP 63.480996
PKR 276.89823
PLN 3.88389
PYG 5756.677086
QAR 3.647261
RON 4.759496
RSD 104.65099
RUB 81.825408
RWF 1478.615162
SAR 3.748965
SBD 8.07458
SCR 13.83198
SDG 601.509134
SEK 9.90143
SGD 1.27805
SHP 0.7473
SLE 23.919955
SLL 20969.504398
SOS 571.749178
SRD 37.661506
STD 20697.981008
STN 21.819089
SVC 8.754392
SYP 13001.999685
SZL 16.418788
THB 33.614498
TJS 9.214157
TMT 3.51
TND 2.986543
TOP 2.40776
TRY 49.602797
TTD 6.792416
TWD 32.423502
TZS 2644.999727
UAH 45.047334
UGX 4207.076509
UYU 40.164934
UZS 11975.562621
VES 879.788903
VND 25856.5
VUV 119.136032
WST 2.774679
XAF 584.575977
XAG 0.017399
XAU 0.000242255985
XCD 2.702551
XCG 1.803058
XDR 0.707052
XOF 584.575977
XPF 106.20998
YER 236.103383
ZAR 16.397965
ZMK 9001.203567
ZMW 20.069287
ZWL 321.999592
SSP 5787.554334
MXV 2.106372
  • RYCEF

    0.4000

    19.71

    +2.03%

  • CMSC

    0.0000

    20.4

    0%

  • BTI

    0.4200

    56.05

    +0.75%

  • BP

    0.2800

    44.43

    +0.63%

  • RBGPF

    1.6000

    67

    +2.39%

  • RIO

    -0.1500

    94.41

    -0.16%

  • AZN

    -0.4300

    166.15

    -0.26%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • NGG

    -0.2500

    75.24

    -0.33%

  • VOD

    -0.0400

    16.58

    -0.24%

  • RELX

    -0.4500

    33.07

    -1.36%

  • BCC

    -0.5500

    76.59

    -0.72%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • JRI

    -0.2500

    10.77

    -2.32%

Bola Tinubu: Nigeria's political 'godfather'
Bola Tinubu: Nigeria's political 'godfather' / Photo: © AFP

Bola Tinubu: Nigeria's political 'godfather'

Bola Tinubu, a political "godfather" famed for his strategic deftness and clout, never hid his ambition to be president of Nigeria.

Text size:

The 70-year-old has now fulfilled his "lifelong" goal by winning the presidency of Africa's most populous nation with 8.8 million votes, according to final election results.

Despite lingering questions about his health and past corruption allegations, the two-time Lagos governor will succeed President Muhammadu Buhari, a former army general he brags of helping put into power.

His ruling All Progressives Congress (APC) faces accusations of electoral fraud in Saturday's election from its two main opponents. But electoral officials and the APC dismissed those claims.

Often referred to with the chieftain's title of "Jagaban", Tinubu has spent years building his Lagos powerbase into a nationwide network of contacts from Lagos market cooperatives and transport unions to political operatives.

But in a surprise result from Saturday's polls, rival Labour Party candidate Peter Obi won in Lagos State -- Tinubu's traditional bastion of support.

"You win some, you lose some," Tinubu said of the result, urging his supporters to remain calm.

Days later the tenacious leader, who campaigned with the slogan "It's my turn", was confirmed as the winner of the presidency.

- Staying power -

A Muslim born in Nigeria's Yoruba-speaking southwest, Tinubu trained as an accountant in the United States and worked for several US companies, including as a treasurer at oil giant ExxonMobil.

He was a political activist before becoming a senator and later governor of Lagos State from 1999 to 2007.

During his activist days, he was hounded into exile by military dictator Sani Abacha along with scores of others for campaigning for a return to democratic rule in 1999.

Described by his allies as an astute political strategist, he co-founded and financed the Alliance for Democracy, which later became the Action Congress of Nigeria, and then helped form the ruling All Progressives Congress.

He was instrumental in bringing together APC factions, pushing Buhari to victory in 2015 and ending 16 years in power for the rival Peoples Democratic Party (PDP).

The election of Buhari, the first opposition victory in the country, as well as his 2019 re-election were partly attributed to Tinubu's political influence.

In a mark of his staying power, Tinubu kept a tight grip over the governorship of Lagos from 1999, holding the post until 2007 and holding a hand in choosing his successors since leaving office.

His influence in the southwest has irked some would-be candidates who missed out on top jobs and he has been criticised as dictatorial and undemocratic in style.

"Tinubu has a very aggressive, very solid political machine," said Dapo Thomas, a political science lecturer at Lagos University.

- Corruption charges -

If Tinubu's political power has often been controversial, so too have his financial dealings.

He is believed to be one of Nigeria's richest politicians and after leaving office he was accused of corruption, money laundering and operating more than a dozen foreign bank accounts. He was never charged and denies wrongdoing.

On the campaign trail PDP critics labelled him as "wobbly, wonky and narcotic-devastated," a reference to health concerns as well as a 1993 US court filing that cited a "drug-related seizure of property" from his US bank account.

The source of his wealth is unknown but he has interests in a number of business ventures, from media and aviation, to tax consultancy, hotels and real estate holdings.

One critic described him as "a greedy politician" who has gobbled up major sources of revenue from Lagos.

But Information Minister Lai Mohammed, who was Tinubu's former chief of staff, insisted he was among the shrewdest of political operators.

After the presidential inauguration scheduled in May, Tinubu will face difficult decisions around removing costly fuel subsidies and will be expected to address rising poverty and rampant insecurity.

U.Chen--ThChM