Politics
2003: APC, PDP at war over Tinubu’s $460,000 US tax saga
$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.”
By Petrus Obi
Youths from the Oru area of Imo State have warned the Minister of the Federal Capital Territory, Nyesom Wike, against what they described as continued attacks on the state Governor, Hope Uzodimma, following the minister’s latest comments on the governor’s political ambitions.
The youths, in a statement signed by Hon Chinemerem Obi, said Wike should refrain from interfering in the internal political affairs of Imo State, insisting that the political future of Governor Uzodimma and the people of the state should be determined through democratic processes.
Their reaction followed Wike’s appearance on TVC’s Journalists’ Hangout on Monday, where the minister said he would not support Uzodimma for the position of Senate President after the 2027 elections.
Wike alleged that some APC governors were attempting to influence the emergence of lawmakers who would support their preferred candidate for Senate President and Speaker of the House of Representatives.
He specifically linked the disagreement to Uzodimma, alleging that the Imo governor was positioning himself to become Senate President after leaving office.
According to Wike, Uzodimma’s tenure as governor would end in 2028 and he was allegedly planning to leave office, contest for the Senate and subsequently seek the Senate presidency.
Wike said he would not support the reported ambition.
The minister’s comments have drawn a fresh response from groups in Imo, with the Oru youths accusing him of turning a political disagreement into what they described as a personal campaign against the governor.
The youths said Wike’s opposition to Uzodimma’s reported Senate ambition was a political position to which he was entitled, but argued that the minister should not use his position to dictate the political choices of Imo people.
They also questioned why Wike was repeatedly focusing on Uzodimma amid the wider disagreement between him and APC governors over his proposed Rainbow Coalition.
The coalition has been promoted by Wike as a platform to mobilise support for President Bola Tinubu’s re-election in 2027, despite Wike remaining a member of the Peoples Democratic Party.
Wike has maintained that supporting Tinubu for president does not require politicians to support APC candidates in governorship or legislative elections.
The Oru youths said the reported ambition to become Senate President remained a political aspiration and should not be presented as an established fact.
They urged Wike to allow Imo voters and the relevant political institutions to determine who represents them at the National Assembly and who eventually emerges as Senate President.
The allegation about Uzodimma’s Senate presidency ambition has also been made publicly by APC chieftain Tajudeen Olesin, who recently claimed that the governor planned to resign before the end of his tenure, contest for the Senate and seek the Senate presidency. That claim was presented as Olesin’s assertion, rather than an announcement by Uzodimma himself.
The youths further appealed to political leaders in the Southeast to avoid statements that could deepen political divisions in the region.
They maintained that disagreements over the 2027 elections, legislative contests and political succession should be settled through democratic engagement rather than personal exchanges.
The development comes amid increasing political tension between Wike and several APC governors over the minister’s political activities ahead of the 2027 general elections.
Earlier, a group identified as Imo Lawyers for the Defence of Democracy also called on Wike to stop what it described as personal attacks on Uzodimma, arguing that political disagreements should be addressed through dialogue and democratic institutions.
The latest controversy is expected to keep the political relationship between Wike and Uzodimma under close scrutiny as preparations for the 2027 elections intensify.
Minister of the Federal Capital Territory, Nyesom Wike, has dismissed concerns by some All Progressives Congress governors that the proposed Rainbow Coalition could weaken the ruling party ahead of the 2027 elections.
Speaking on TVC’s Journalists’ Hangout on Monday, Wike said the coalition was primarily focused on mobilising support for President Bola Tinubu’s re-election, while allowing politicians to support candidates of their preferred parties in governorship and legislative elections.
Wike argued that supporting Tinubu for president would not prevent politicians from backing other candidates in elections at the state and National Assembly levels.
He cited the experience of the G5 governors during the 2023 elections, saying the group supported Tinubu’s presidential bid while their respective parties retained their candidates for other positions.
“In 2023, core leadership G5, we said we are going to support Mr President. But we never said that all our candidates in other elections will fail,” Wike said.
The FCT minister alleged that some APC governors were opposing the coalition because of their political interests, particularly efforts to influence the emergence of the next Senate President and Speaker of the House of Representatives.
He specifically accused Imo State Governor and Chairman of the Progressive Governors Forum, Hope Uzodimma, of positioning himself to become Senate President after leaving office.
According to Wike, governors seeking to control the emergence of senators and House of Representatives members could ultimately influence the choice of the presiding officers of the National Assembly.
He alleged that politicians who failed to secure APC tickets could contest under other platforms, win their elections and refuse to support candidates favoured by the governors for the leadership of the National Assembly.
Wike also declared that he would not support Uzodimma for Senate President.
“Life or death, I will never support a character of Hope Uzodimma to be the Senate President of Nigeria. Everybody knows that,” he said.
His comments came days after APC governors declared that they would neither participate in nor support any political alliance capable of weakening the party, affecting its candidates or undermining Tinubu’s re-election bid.
Uzodimma, who read the governors’ communique, said their support would remain exclusively for APC candidates at all levels.
Wike, however, maintained that the Rainbow Coalition was not designed to weaken or take over the APC, insisting that its primary objective was to mobilise support for Tinubu across party lines.
He also dismissed reports that Tinubu had agreed to concede nine states to the PDP or the Rainbow Coalition as part of a political arrangement ahead of the 2027 elections.
“Let us help Nigerians. Let’s get the facts. Who are… which are those states? Tell us. That they said the President agreed with me that he has conceded nine states,” Wike said.
The minister said he intended to campaign for Tinubu based on the administration’s record, citing issues such as the President’s support for state police and what he described as the devolution of resources and powers to the states.
Wike further disclosed that Tinubu was aware of the Rainbow Coalition and understood his political activities.
“As I speak to you here, Mr President knows about my concept, of the rainbow coalition…. Mr President understands me very well,” he said.
The dispute has heightened tensions within the ruling party as political activities intensify ahead of the 2027 elections.
Meanwhile, sources within the APC said that the party’s National Working Committee was working behind the scenes to broker a truce between the opposing camps.
The sources said the process was expected to advance following the return of APC National Chairman, Prof. Nentawe Yilwatda, from vacation, with plans for the NWC to meet President Tinubu and discuss ways of resolving the disagreement.
FCT Minister Nyesom Wike has disclosed that President Bola Ahmed Tinubu provided about ₦50 billion to Oyo State Governor Seyi Makinde to support the expansion and upgrade of Ibadan Airport.
Wike made the disclosure on Monday during an appearance on TVC News’ Journalists’ Hangout, while dismissing claims that he was the only member of the former Peoples Democratic Party (PDP) G5 governors to benefit from the Tinubu administration.
According to Wike, Tinubu also extended financial support to Makinde despite their political differences.
“The president has also extended his hand of support to the governor of Oyo State by providing funds for him to expand Oyo airport with a whopping sum of 50 billion naira,” Wike said.
The minister also cited former Abia State Governor Okezie Ikpeazu and former Enugu State Governor Ifeanyi Ugwuanyi, who he said currently serve as Nigeria’s ambassadors to Spain and Greece respectively.
Wike argued that it was therefore incorrect to suggest that he alone among the G5 governors had benefited from the Tinubu administration, saying the President had supported other members of the group in different ways.
The G5 consisted of Wike, Makinde, Ikpeazu, Ugwuanyi and former Benue State Governor Samuel Ortom. The group opposed the PDP’s presidential candidate, Atiku Abubakar, during the 2023 election and backed Tinubu.
By Okey Maduforo, Awka
Ahead of the 2027 National Assembly elections, a mass protest voting movement may be building up in Anambra South Senatorial District, following reported moves by members of major political parties to support the candidate of the Nigeria Democratic Congress (NDC), Chief Ebuka Onunkwo.
The development is said to be linked to grievances among some members of the All Progressives Grand Alliance (APGA), All Progressives Congress (APC), African Democratic Congress (ADC) and remnants of the Peoples Democratic Party (PDP) over the treatment allegedly meted out to Onunkwo during previous political contests.
Onunkwo, who had previously contested the Anambra South senatorial seat under APGA, later emerged as the NDC candidate for the 2027 election.
Although the ADC is currently embroiled in legal disputes over the authentic candidates and the conduct of its primary elections, some members of the APC and APGA are also reportedly dissatisfied with developments within their respective parties.
It was gathered that a section of APGA members, in particular, are backing Onunkwo as a form of protest over the conduct of the party’s senatorial primary, while some members of other parties are also believed to be considering voting for him irrespective of their party affiliations.
Confirming the growing support for Onunkwo, the Chief Executive Officer of NOWAS Oil and Gas Limited and a major stakeholder in Anambra South politics, Chief Ignesus Ikechukwudere Nnubia, said the NDC candidate currently enjoys widespread acceptability across party lines.
Nnubia said the growing support for Onunkwo had made his party affiliation less significant, arguing that voters would ultimately vote according to their conscience and assessment of the candidates.
He said, “At the moment, the number of APGA members with him and supporting him makes one wonder what is left of that party. Even the remnants of the PDP have pitched their tents with him, while members of the ruling APC at the national level are also behind him.
“So, the party that he belongs to is not a factor at all. You know that it is a game of numbers, and people are going to vote according to their conscience and not necessarily because of the political party they belong to.
“People are not bound to vote for their party, and some of them are ready and willing to vote for him.
“We are not talking about the party because he will surely get votes from the NDC, APGA, APC and even other political parties that are already closing ranks to support him as their candidate.”
Nnubia further described Onunkwo as the candidate currently standing tall among the contenders for the Anambra South senatorial seat, expressing confidence that his emergence would usher in what he described as a “new dawn” for the district.
He said political parties should not be the major consideration for voters, stressing that what matters most is the ability of elected representatives to improve the lives of their constituents.
According to him, political parties exist because of the people, and therefore the influence of party structures and incumbency has its limits during elections.
Nnubia said those factors would ultimately be tested by the electorate in the 2027 election, which he described as a contest in which voters’ choices would determine the outcome.
The Peoples Democratic Party (PDP) governorship candidate for the 2027 Ebonyi State election, Chief Ifeanyi Chukwuma Odii, has pledged to attract more than ₦2 trillion in private-sector investment to the state within six months of assuming office if elected.
Odii made the pledge while addressing supporters in Lagos ahead of the formal commencement of his campaign.
He said his investment strategy would cover key sectors of the Ebonyi economy, including mining, hospitality, real estate and manufacturing.
According to the PDP candidate, he has identified more than 2,000 prospective investors, each capable of investing about ₦1 billion in the state.
“I have over 2,000 people who can invest ₦1 billion each. When you multiply it, you will get over ₦2 trillion. This has been structured in such a way that all aspects of the economy will be involved,” Odii said.
He said the proposed investment drive was designed not only to inject capital into the state but also to create jobs, expand the productive base of the economy and provide opportunities for young people and entrepreneurs.
Odii said Ebonyi’s natural resources and strategic location placed it in a strong position to attract large-scale investments if its economic potential was properly harnessed.
He promised that his administration would prioritise private-sector participation, industrialisation and job creation while creating an enabling environment for both local and foreign investors.
The candidate also said existing businesses in the state would be supported to expand, while new investors would be encouraged to establish operations across various sectors.
His pledge comes amid growing political activities ahead of the 2027 governorship election, with economic development, employment generation and wealth creation featuring prominently in his campaign message.
The proposed ₦2 trillion investment target within six months, if achieved, would represent a significant boost to Ebonyi’s economy and rank among the most ambitious private-sector investment mobilisation plans proposed in the state.
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