The enormous power wielded by APC chieftain and ex Governor of Lagos State, Asiwaju Bola Tinubu is not about to wane anytime soon as his son, Seyi also appears to be leveraging on his father’s hold on Africa’s most populous city.
According to reliable sources, the younger Tinubu is using his father’s influence to seal some deals in the state that is fetching him a fortune.
One of the opportunities cited by the source is the Lekki-Epe toll gate 1 and 2 roads, the Lekki/Ikoyi link bridge controlled by the Lekki Concession Company. It is being alleged that Loatsad Promomedia, an outdoor advertising agency owned by Seyi Tinubu owns the massive LED advertising screens at the three toll gates.
Investigations put the cost of advertising on the screen at N7Million-N10Million monthly.
‘It is not known how the young businessman came about the opportunity to locate the massive screens at the strategic points, no one can also remember when LCC called for open bids for outdoor advertisers to take up the vantage positions at the toll gates’ stated the source.
Those who know Seyi Tinubu revealed to papermacheonline that he is quiet and unassuming, but wields so much influence, an information that a source that knows the inner working of the state disclosed that has so much power that it is difficult for the State Governor, Akinwumi Ambode to say ‘No’ to some of his many requests.
Seyi graduated from the university in 2011 with a law degree. He received a LLB from the University of Buckingham, United Kingdom, in 2011, became a member of Nigeria Bar Association in 2013. His profile also shows he has vast companies and investments spanning across Energy, Construction, Agriculture, Advertising, Technology, Human Resource, Entertainment, Branding.
Lagos State government have been in the eye of the storm lately owing to the increase in toll charge, land use charge, refuse management and the recent discovery that Alpha Beta, a tax consultant, allegedly owned by Bola Tinubu, was included in the new Land Use Charge law of the state, as a revenue collector for the state.