Tinubu House Photos, Cost & Address
Bola Tinubu doesn’t have a house; he has houses. Quite a significant percentage of Nigerians, mostly of a distinct political leaning with the former governor of Lagos State believe he is Nigeria’s biggest landlord and the continent’s richest politician. This is owing to his vast real estate possessions across the choicest locations in his home state of Lagos, and also the nation’s capital city of Abuja.
Tinubu’s houses range from mansions, estates, and erstwhile state houses to hospitals, schools, hotels, event and shopping centers.
Below we take a look at Bola Tinubu’s known houses, their locations, costs of acquisition and every other thing you should know about the homes of the nation’s biggest landlord. But first, let’s take a brief look at the biography of this activist turned billionaire politician.
Brief Biography of Bola Tinubu
Bola Ahmed Tinubu was born on 29 March 1952 in the city of Lagos. He attended St. John’s Primary School, Aroloya, Lagos and Children’s Home School in Ibadan.
Tinubu went to the United States in 1975, where he studied first at Richard J. Daley College in Chicago, Illinois, and then at Chicago State University. He graduated in 1979 with a Bachelor of Science degree in Accounting.
Tinubu worked for the American companies Arthur Andersen, Deloitte, Haskins, & Sells, and GTE Services Corporation. After returning to Nigeria in 1983, he joined Mobil Oil Nigeria, where he rose to an executive position.
Bola Tinubu was elected senator for the Lagos West Constituency in 1993. The election was just prior to a military take-over in December 1993.
After the return to democracy, he was elected governor of Lagos State, holding office from 29 May 1999 to 29 May 2007.
Tinubu is an influential member of the All Progressives Congress, and has been routinely referred to as the national leader of the party.
Tinubu’s successful political career has enabled him to acquire the most priced real estate possessions which include prime land of 157 hectares with 2.5km of the Atlantic beachfront valued at about N10 billion, 14 hectares of Parkview Estate Ikoyi foreshore land reclaimed by the Lagos State Government, the annex of the Lagos State Guest House in Asokoro Abuja, a 5 bedroom detached house on one acre of land valued at N450 million at Queen’s Drive Ikoyi, his permanent residence at Bourdillion road Ikoyi worth over N1 billion and 250 hectares of land located at Ajah junction on Lekki road valued at N35 billion.
Tinubu reportedly also owns 1,000 hectares of land at Ibeju Lekki local government area of Lagos State valued at N75 billion, a Fishery Landing Jetty in Badore, the Ogudu Foreshore Scheme worth N15 billion, and stakes in quite a number of big businesses that include Oando and TV and Radio Continental.
Tinubu’s House In Bourdillon Road, Ikoyi
Bola Tinubu’s house at No 26 Bourdillon Road, Ikoyi is the most famous of his known residences. It is widely believed the be the permanent residence of the billionaire politician.
The Bourdillon residence was initially falsely presented as Oando Plc Guest House. Later, the former Lagos State governor while still in office purportedly bought it from Oando, and allegedly used public funds to rebuild and renovate it.
The Lagos State Government bought the property and paid an undisclosed sum to Tinubu, but thereafter gave the property back to him under the bogus Pension Bill he signed to law shortly before he left office in 2007.
There have been rumours that when President Muhammadu Buhari came calling at Tinubu’s Bourdillon Road home during the 2015 presidential campaign, he was visibly shocked to see 30 cars parked in the property.
Buhari, wondering what all the cars were for, asked Tinubu whether he was a luxury car dealer. Tinubu responded that the cars were given to him by well-wishers.
Tinubu’s house in Bourdillon Road is worth over N600 million. It has hosted Presidents, ambassadors, Captains of Industry and loaded bullion vans.
Tinubu’s House In Queens Drive, Ikoyi
Tinubu’s second house in Ikoyi, the most affluent neighborhood of Lagos is located at No 4, Oyinkan Abayomi (formerly Queens) Drive. The 5-bedroom detached house on one acre of land was originally the Lagos State Governor’s guest house since 1979, but it now belongs to Tinubu.
The certificate of occupancy of the property valued at N450 million was signed and released to him in 2007 by then Lagos State Governor, Babatunde Fashola.
Tinubu’s House In Asokoro, Abuja
Tinubu’s house in Asokoro Abuja, which previously served as an annex of the Lagos State Government was bought by the Lagos State Government under Tinubu in 2006 for N450 million, purportedly to protect the main house from security breach.
Shortly after Tinubu left office, the property was transferred to him under the pension plan he signed into law before leaving office.
Tinubu’s Housing Estates
The former Lagos State governor and National Leader of the ruling All Progressives Congress reportedly owns Fara Park Estate and Beachwood Estate in Lekki, Lagos State.
The Ilubinrin Housing Estate (which used to house Lagos state civil servants and judges up till 2007) valued at N2.5billion is reportedly also owned by Tinubu.
Other Luxuries Owned By Tinubu
Bola Tinubu also owns costly private jets with the most pricely being the Bombadier Global Express XRS. The jet is valued at 60 million US Dollar.
Tinubu also owns a fleet of luxury cars which include a G-Wagon worth N600 million. The car comes fitted with bomb detector apparatus, surveillance cameras. The luxury ride is also bulletproof.