Politics

Tinubu’s $460,000 US Tax: APC, PDP Campaigns In Verbal War

Published

3 years ago

November 11, 2022

Editor

The All Progressives Congress, APC, and Peoples Democratic Party, PDP, Presidential Campaign Councils, PCCs, were at each other’s jugular yesterday, over the $460,000 deducted from the accounts of the APC Presidential flagbearer, Asiwaju Bola Ahmed Tinubu, in the United States of America, U.S.

The Chief Spokesman of the Tinubu-Shettima Presidential Campaign Council, Mr. Festus Keyamo said that the $460,000 was tax deducted from one of the 10 accounts linked to Tinubu and pooh-poohed the documents he attributed to the PDP, which are circulating in the social media, which accused Tinubu of drug deals while he lived in the US.

However, the PDP insisted that Tinubu has a lot of explanations to do and dismissed what it described as Keyamo’s “spirited attempts” to deflect attention from his principal’s questionable past.

$460,000 deducted was for tax on Tinubu’s investments – KEYAMO

Keyamo said $460,000 was deducted from one of the 10 accounts linked to the APC presidential candidate as tax on investment domiciled in US banks, while he lived in America in the 1990s.

Keyamo, who spoke on Channels’ Television’s ”Today Politics” programme on Wednesday night, insisted that there was no criminal indictment or conviction against Tinubu, alleging that the opposition PDP was behind the reincarnation of the controversial court document.

“His (Tinubu’s) detractors kept bringing up these issues over and over whenever his political profile is rising. Whenever he wants to run for office or any political turn in his life, they will bring up these issues,” Keyamo said.

“The date on the papers flying up and down, the date of certification is 2022, so they are using this to confuse people that these are fresh papers.

”If documents are 40 years old or 100 years old, once you go to court, and apply for certified true copies of those documents, they will give you those documents but they will stamp the day they are giving you those documents.

“This is what our detractors, the PDP, perhaps, that is what they went to the US for when they pretended that they went for high-level engagement. This is part of the high-level engagement they went for.”

Keyamo also said although 10 accounts were linked to Tinubu by United States authorities in the early 90s, $460,000 were deducted from one of the accounts as tax on investments domiciled in US banks.

He was reacting to the controversy surrounding a document recently released by the US District Court for the Northern District of Illinois said to have investigated Tinubu’s alleged involvement in narcotics and money laundering about 30 years ago.

The matter, which ended in a settlement, led to Tinubu’s forfeiture of $460,000 in one of the accounts linked to the former governor of Lagos State.

Keyamo said Tinubu took responsibility for all the 10 accounts because some were also traced to his mother and “relatives.”

He also said Tinubu was roped into the drug trafficking case of two Nigerians, who once stayed in separate flats in the same building where the ex-governor stayed at a time in the US.

“He, Asiwaju, went to open an account, the address by which he opened the account was already used by these people…investigated for narcotics,” he said.

‘Not a deliberate act’

Keyamo further stated that Tinubu was an employee of Mobil Oil and not a treasurer of a drug cartel.

He explained that Tinubu deposited some funds in bank accounts in the US as investments and got returns on those investments.

The spokesman said the banks were supposed to deduct taxes from the investments but they did not and this was not a “deliberate act” on the part of Tinubu.

“The deposits he made there (in banks) are what bankers called investments; he kept the money there and he was getting interests.

”They (the US government) said he had not paid tax on those interests. That is all. And guess what? The banks are supposed to deduct the tax from source.

“Out of the 10 accounts, it was only one account – the one in Heritage Bank – that they took $460,000 as tax on interest that he benefited on the investment he made in those accounts.

“In fact, all the money in Heritage Bank was not taken; they took only $460,000 as tax,” said Keyamo, who is also the Minister of State, Labour and Employment.

Tinubu has questions to answer over forfeiture, PDP insists

However, the National Publicity Secretary of the PDP, Mr. Debo Ologunagba, said in a telephone interview with Vanguard, in response to Keyamo’s allegations that the PDP exhumed documents in a vain attempt to make Tinubu appear guilty of a crime for forfeiting US$460,000 believed to be proceeds of illicit drugs trade that, “Ordinarily, we wouldn’t be responding to Keyamo or the APC on this issue but Nigerians deserve to know the truth about people, who are seeking for public office.

“In this case, not just public office but also the highest office in the land. It is a basic principle in law that ‘He who must come to equity must do so with clean hands.’

“What Nigerians are saying is that Asiwaju Ahmed Tinubu should come clean of these allegations.

“If one may ask Keyamo, who by the way is a lawyer, what does forfeiture mean? A simple dictionary definition of forfeiture means: ‘loss or giving up of something as a penalty for wrongdoing.‘ simply put, You don’t forfeit if no offence was committed.

“Tinubu and the APC should stop trying to make the PDP a scapegoat. They should speak on the issues.

“I’m glad Keyamo did not say PDP manufactured the documents, he said the documents were ‘exhumed,’ which means, they exist.

“Nigerians deserve answers and we hope the APC and its presidential candidate are ready with the answers because these issues will not simply disappear.

“For us in the PDP, we are ready for the task ahead, that is why we have been campaigning, selling our candidates, Atiku Abubakar and Governor Ifeanyi Okowa, who need little or no introduction.

“Nigerians deserve the best and our candidates stand head above shoulders in comparison to the others; that is why they deserve the votes of Nigerians in February, 2023.”
VANGUARD

Politics

Wike Gives Update On Rivers Emergency Rule Expires Date

Published

13 hours ago

August 30, 2025

Editor

The Minister of the Federal Capital Territory, Nyesom Wike, on Saturday said he was optimistic that the state of emergency declared in Rivers State would expire on September 18.

He disclosed this after casting his vote in the ongoing local government election in the state.

Wike noted that the expiration would pave the way for the state House of Assembly to resume its legislative duties.

“As far as we are concerned, this election is peaceful, people are trooping out and at the end of the day the election has been conducted successfully and peacefully.

“I do know that by September 18, the state of emergency will expire and the state assembly will come back to their job and we will have a government at the grassroots level,” Wike said.

The minister said the conditions were right for lifting the state of emergency since both state and local governments now had representation.

He added, “The coast is clear for the state of emergency to be lifted, being that the state government has its representative and the local government has its representatives, so we are good to go.”

President Bola Tinubu had earlier imposed emergency rule in Rivers to prevent a political crisis, suspending Governor Siminalayi Fubara, his deputy, and the State House of Assembly for six months.

Politics

APC Mocks Jonathan As ADC Woos Him For 2027 Race

Published

19 hours ago

August 30, 2025

Editor

There were reports on Friday that a powerful group within the African Democratic Congress (ADC) is wooing ex-President Goodluck Jonathan for the 2027 presidential race.

A source close to both the former president and the ADC told Saturday Tribune on Friday that the former president is seriously considering running in the coming presidential polls.

The source confirmed that key figures in the ADC were comfortable with having Jonathan as their presidential candidate and had, in fact, reached out to him.

He, however, said the former president was torn between his loyalty to the Peoples Democratic Party (PDP) “which made him” and the ADC which, he said, had the potential of winning the election if it gets the right candidate.

“Former President Goodluck Jonathan is worried that certain persons with strong links to the Villa may still be in control of the PDP and may mess him up if he seeks the ticket of that party,” the source said.

He added that Jonathan’s only issue with the ADC is that “he does not want to contest against Peter Obi because he believes that the Igbo people supported him in 2015 even more than his own Ijaw people.”

While saying emphatically that Jonathan would run except he could not find a platform, the source added that “if he chooses our party (ADC), we will zone the presidency to the South. If he does not come to us, we will have no option than to go to the North because politics is about numbers and winning.”

Jonathan can’t defeat Tinubu —APC

Meanwhile, the ruling All Progressives Congress (APC) has said that former President Goodluck Jonathan cannot defeat its candidate, Bola Tinubu, in the presidential election coming up in 2027.

The Lagos State chapter of the party said on Friday that it had observed with keen interest the growing speculations surrounding the possible return of former President Jonathan to the 2027 presidential race, and therefore made the submission.

The News Agency of Nigeria (NAN) reports that Jonathan, who lost his re-election bid in 2015 to the late President Muhammadu Buhari, is being persuaded by supporters to seek reelection in 2027 general elections.

NAN reported APC’s spokesman in Lagos State, Mr Seye Oladejo, in a statement on Friday as noting that the former president’s political relevance to unseat President Bola Tinubu, remained in doubt.

“While we acknowledge the former president’s role in the peaceful democratic transition of 2015, an act that rightly earned him praise at home and abroad, we must state, in clear terms, that Nigeria has since moved beyond the politics of sentiment, nostalgia, and symbolism.

“The challenges of today and the future require bold, capable, and forward-thinking leadership, not a return to the comfort of a past that was far from perfect.

“Let it be clear: good luck alone is not a governance strategy,” he said.

Oladejo alleged that the Jonathan administration, from 2010 to 2015, left behind a country grappling with severe structural weaknesses, from unchecked corruption to alarming insecurity and economic inertia.

“While some may look back on those years with rose-tinted glasses, we must remind ourselves that nostalgia is not a policy platform.

“Emotion cannot drive economic reform, and sentimentality will not fix power generation, insecurity, youth unemployment, or education sector decay,” the APC chieftain said.

Oladejo said that the party also noted the constitutional and political complications of a potential Jonathan candidacy.

According to him, having completed more than one term in office, any return bid will inevitably trigger legal contention and political instability — distractions Nigeria cannot afford in a time when decisive action is needed across all sectors of national life.

“Moreover, the former president’s political relevance has been complicated by his recent engagements across party lines.

“His flirtation with the APC and absence from PDP’s strategic rebuilding efforts raise questions about his loyalty, clarity of vision, and political intentions,” he said.

According to him, the APC remains focused on consolidating progress, implementing reforms, and engaging the Nigerian electorate with fresh ideas and credible candidates who reflect the aspirations of a dynamic, youthful population.

“We believe the future of Nigeria does not lie in recycled leadership but in visionary governance rooted in integrity, innovation, and resilience.

“Former President Jonathan remains a respected elder statesman. His legacy as a peaceful democrat is assured. But legacies are not manifestoes, and nostalgia is not governance.

“We urge Nigerians to reject emotional shortcuts and stay focused on the need for capable, accountable and transformative leadership.

“As 2027 approaches, let us not reach backwards in desperation, but move forward with courage and clarity,” Oladejo said.

Politics

Marafa’s Loyalists Quit APC, Cite Neglect Of Zamfara

Published

2 days ago

August 29, 2025

Editor

Supporters of former Zamfara Central Senator, Kabiru Marafa, have announced their resignation from the All Progressives Congress, citing what they described as injustice, marginalisation and deliberate neglect of the state by the ruling party and President Bola Tinubu’s administration.

The group, operating under the aegis of the Senator Kabiru Marafa Consultative Forum, met in Kaduna on Wednesday and Thursday, August 27 and 28, 2025, to deliberate on the worsening political, security and developmental situation in the state.

At the end of the meeting, the forum issued a communique signed by its chairman, Bashir Mafara, secretary Mannir Tsafe, and seven others, formally announcing their exit from the APC.

The communique partly read, “After broad consultations and critical review of the prevailing circumstances, the political structure of Distinguished Senator Kabiru Garba Marafa OFR, CON across the 147 wards in Zamfara State unanimously resolved as follows:

“The entire structure with all its supporters hereby formally resigns from the All Progressives Congress in protest against the sustained injustice, mistrust, marginalisation, and deliberate neglect of Zamfara State and its people.

“That we shall, in due course, announce our next political direction, guided by the collective interest of the good people of Zamfara State.”

The group expressed concern over the deteriorating security situation in the state, pointing to official data and community reports on rising kidnappings and killings.

“The Federal Government of Nigeria, under the leadership of President Bola Ahmed Tinubu GCFR, hasn’t been able to address the persistent and senseless kidnappings and killings of innocent citizens in Zamfara State, despite the explicit promises made during the 2023 presidential campaign.

“The situation continues to worsen, leaving communities devastated and hopeless,” they said.

The group claimed that reports indicate that out of the 4,722 people kidnapped over one year in Nigeria in 2024, 1,203 are from Zamfara State, followed by Kaduna State with 629.

It added that the Zamfara Circle Community Initiatives reported that 25 villages suffered attacks in one week after the just concluded by-election, with 145 people kidnapped and 21 killed.

The senator’s loyalists also accused the government of politicising insecurity for electoral gains.

On the alleged marginalisation of Zamfara in political appointments and projects, the communique added, “Despite the fact that Zamfara State was one of only two states in the entire North-West geopolitical zone that delivered victory to President Bola Tinubu during the 2023 presidential election spearheaded by Distinguished Senator Kabiru Garba Marafa OFR, CON as State Coordinator which the President himself categorically acknowledged during his speech shortly after his declaration as the winner of the 2023 election by INEC, the state has been sidelined in all facets of human developments including protection of lives and properties, infrastructural developments as well as fair representation in political appointments.

“The state was given only a Minister of State, while most states in the Northwest got two slots.

“But more unfair is the allocation given to the Southwest that corners the entire financial sector, with some states getting multiple ministerial slots and countless agencies.

“For example, Lagos state, where President Tinubu lost the election, has enjoyed overwhelming patronage in terms of appointments and developmental projects, underscoring the deliberate marginalisation of Zamfara state, where Mr. President won.”

The forum concluded by accusing the APC leadership of betraying its founding principles of fairness and justice.

“The above actions and omissions negate the fundamental principles of justice, fairness, equity and accountability upon which the APC was founded.

“Conscience demands that genuine progressives must stand for truth and resist injustice, no matter how uncomfortable,” it said.