Politics
Tinubu Was A Wealthy Man Before Government; He Traded In Stocks- Alake

Dele Alake, director of strategic communication in the All Progressives Congress (APC) presidential campaign council, says Bola Tinubu, the party’s flagbearer, made his money from buying stocks in blue chip companies.
In a television interview on Sunday, Alake added that Tinubu was already a wealthy man before his first shot at a political position( the senate) in 1992.
Alake said those questioning Tinubu’s source of wealth are expressing the “hatred” they have for the former Lagos governor.
“What I know is that right from his days in the corporate world, he has been trading in stocks even in foreign currencies,” he added.
“He has been buying stocks, bonds and all of that. I’m not a finance person. I’m not going to be interested in the nitty-gritty of it all.
“But I know he has been trading in stocks. He was buying stocks of blue chip companies and all of that. He was making money and spending money. He has been doing all of these years before he got to office.
“Why people are querying his source of wealth is because he had been a successful governor of Lagos and a successful politician even after office.
“He is about the only one of the class of 1999 who is at that enviable height, politically. He is bound to attract all of these negative comments”, he argued.

