Skip to content
July 21, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • Juicy contracts, monthly returns tear Tinubu, Ambode apart: Osinbajo mediates
  • National News

Juicy contracts, monthly returns tear Tinubu, Ambode apart: Osinbajo mediates

Admin September 12, 2018

Asiwaju Bola Tinubu and Gov Akinwunmi Ambode

Asiwaju Bola Tinubu and Gov Akinwunmi Ambode

The real cause of the proxy war between the incumbent Governor of Lagos state, Akinwunmi Ambode and his estranged godfather, Asiwaju Bola Tinubu has been revealed by the Governance Support Group.

According to the group, represented by Mr. Akinsola Sunmonu Richards, the failure of Ambode to meet the financial demands of Tinubu has created a cause for concern in recent times as his loyalists have lamented that Ambode was deliberately starving them of funds in other to make them politically irrelevant and later build his own political structure. This argument seems to have been bought by Tinubu in spite of the several appeals to him by the Governor to tell his loyalists to be patient with him while he tries his best to deliver projects in Lagos State.

Some of the major infrastructure contracts awarded by the Ambode administration were not awarded to Tinubu’s favoured companies as a result of the Governor’s averseness to scandals.

Some of the companies linked to Asiwaju were said to have made outrageously high bids for contracts in such a manner that could not be justified. Ambode’s insistence on staying true to following procurement best practices and accounting standards enraged Asiwaju who believed that he funded the election of Ambode with dirty money.

One major public services contract was revoked by Ambode over non-performance but Tinubu was reportedly enraged as the companies involved in the deal are believed to be making monthly returns to him. He accused Ambode of trying to make his own set of big boys and vowed to make him pay for the action. That particular issue was resolved by Oba Akiolu and vice president, Prof. Yemi Osinbajo who is said to be sympathetic to Governor Ambode.

Tinubu has finally given up on Ambode after several makeup meetings and arrangements have failed. He has now decided to back Babajide Sanwoolu against Ambode, a decision that has received the nod of about 52 LCDA chairpersons but the Presidency is not buying it. As a matter of fact we can confirm to you that the main reason President Buhari summoned Tinubu to the villa was because of the concern of the party’s fortune in the 2019 general elections if Lagos was unsettled. While Tinubu is being pressured from Abuja, Professor Yemi Osinbajo, the vice president is currently headed to Lagos to resolve some of the internal differences that has led to the plot against Governor Ambode.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: akinwunmi ambode Bola Tinubu Governance Support Group Yemi Osinbajo

Post navigation

Previous Over 5000 APC Decampees Empty Into PDP In Delta Central
Next 2019 general elections dates sacrosanct – INEC

Related Stories

Olisa Agbakoba to chair GOCOP 2026 conference in Lagos
  • National News

Olisa Agbakoba to chair GOCOP 2026 conference in Lagos

July 20, 2026
Court sentences 2 Ansaru commanders to life imprisonment Federal High Court
  • National News

Court sentences 2 Ansaru commanders to life imprisonment

July 20, 2026
Reps Committee commences consideration of revised State Police establishment bill spokesman
  • National News

Reps Committee commences consideration of revised State Police establishment bill

July 20, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Olisa Agbakoba to chair GOCOP 2026 conference in Lagos
  • National News

Olisa Agbakoba to chair GOCOP 2026 conference in Lagos

July 20, 2026
Court sentences 2 Ansaru commanders to life imprisonment Federal High Court
  • National News

Court sentences 2 Ansaru commanders to life imprisonment

July 20, 2026
Nigeria’s Erebor elected ATU confab preparatory committee chair
  • International News

Nigeria’s Erebor elected ATU confab preparatory committee chair

July 20, 2026
Reps Committee commences consideration of revised State Police establishment bill spokesman
  • National News

Reps Committee commences consideration of revised State Police establishment bill

July 20, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.