Throwback: Tinubu Addresses How He Made His Money

Throwback: Tinubu Addresses How He Made His Money


Following the hullaballoo that greeted the source of the wealth of former governor of Lagos State, Bola Tinubu, The Matrix is sharing a throwback report of how he made his humongous wealth.

Recall that Tinubu has been in the public glare since he notified President Buhari about his interest in the number one seat of Nigeria, leading to various reactions from the populace.

A few days ago, Abdulmumin Jibrin, Director-General of the Bola Tinubu Support Group Management Council while appearing on a recent interview on Arise TV, was seriously grilled about Tinubu’s real age and source of wealth.

However, in a throwback interview with TheNews Magazine on March 29, 2016, Bola Tinubu had revealed how he made his first million.

Hear him; “At Deloitte and Touche, I chose to travel more than 80 per cent of my working years there. And that is because if a staff chose to travel, he would make more money because he would get travel allowances,”Mr. Tinubu said he was sent on an assignment to help set up an accounting and auditing system for a joint-venture between National Oil and Aramco in Saudi Arabia but by the time he returned to the United States, he discovered that his account had been credited in millions.

“We had gone there to set up their accounting and auditing system.

It was while on that service that I got my financial break.

When I returned to the United States, my employers gave me a huge bonus, which instantly turned me into a millionaire.“The bonus was $850,000, before taxes.

My salaries were also being paid into the bank and I was not touching them. At the time, my salary deposits in the bank had risen to about $1.8 million.”

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