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Tinubu Denies Ownership Of Oriental Hotel, Other Assets Linked To Him In Lagos

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The presidential candidate of the All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu, has denied ownership of some properties in Lagos linked to him.

Such properties include Oriental Hotel and Civic Center.

Tinubu, in a documentary on his achievements as Lagos State Governor, said he only provided the environment for investors to invest on the Lekki Corridor.

In the excerpt posted on Twitter, the former governor said the entire Lekki Corridor was a refuse dump that took months to clear.

There have been speculations about the ownership of the Oriental Hotel located along the popular Ozumba Mbadiwe road in Victoria Island.

In the aftermath of the Lekki shooting in 2020, the hotel was targeted by hoodlums on the ground that the asset belonged to Tinubu.
The event prompted the Western Metal Product Company, the owners of the facilities, to issue a statement about ownership of the hotel.

The Executive Director of WEMCO, Taiwo Ali, had disclosed that the WEMCO group owns 99 per cent of the shares of the hotels.

In the course of the violence that occurred in the aftermath of the 2020 ENDSARS protest, some media houses linked to Tinubu were set attacked.

They are The Nation newspaper, Television Continental and Max Radio.

Speaking in the documentary, Mr Tinubu, who was governor between 1999 and 2007, said he does not own the Oriental Hotel and other properties linked to him but that his administration invested resources to clear the dumps at the place where the hotel and the civic centre are located.

Tinubu is facing a lot of questions about his source of wealth as well as his health ahead of the commencement of campaign on 28 September in line with INEC timetable and schedule of activities.

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