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Tinubu’s son, Seyi uses watch Worth N346m in Nig where only 5% have over N500k in bank accounts –Sowore
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By Kayode Sanni-Arewa
Sowore in a post on his X handle on Sunday said that while only about 5% of Nigerians have over N500,000 in their bank accounts, President Bola Tinubu’s son, Seyi is using a wristwatch worth N346 million.
Human rights activist and #RevolutionNow convener, Omoyele Sowore, has berated the Nigerian government over the report by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, that only 5% of Nigerians have more than N500,000 in their bank accounts.
Recall the minister in an interview with Channels TV stated that approximately only 5% of people in Nigeria have more than N500,000 in their bank accounts.
Edun added that the Nigerian government’s reforms were to rectify the economic imbalances that disproportionately favoured a small group of elites in the last eight years over the majority of citizens.
The minister further said that the aim of microeconomic reforms is to ensure that public revenue is directed into the government’s treasury.
According to him, the reforms are corrective measures to mop up the liquidity in the economy that was not tied to production or supply of goods and services, adding that these imbalances only benefit a few people in the economy.
Reacting to the minister’s report, Sowore in a post on his X handle on Sunday said that while only about 5% of Nigerians have over N500,000 in their bank accounts, President Bola Tinubu’s son, Seyi is using a wristwatch worth N346 million.
He said that ‘justice for all is not specific enough’ for Nigerians who are facing an astronomical rise in the cost of living and hardship in the country.
Quoting part of the finance minister’s statement, Sowore wrote, “‘Only 5% Of Nigerians Have Over ₦500,000 In Their Bank Accounts’” – Tinubu’s Finance Minister, Wale Edun. Meanwhile, Seyi Tinubu @STinubu’s watch is ₦346,000,000. ‘Justice for all just ain’t specific enough!”
In October 2023, SaharaReporters reported that some Nigerians had condemned the use of a jet in the presidential fleet by the President’s son, Seyi, to go on a private trip to Kano State to watch a polo tournament.
Polo is a ball game played on horseback, a traditional field sport and one of the world’s oldest known team sports, but is the exclusive reserve of the rich and members of the ruling class in Nigeria.
Seyi embarked on the trip along with his friends on a Sunday to watch a polo tournament in Kano and they were welcomed on arrival to the ancient city by the state government officials.
It was learnt that Seyi Tinubu was likely attending the finals of the 2023 NPA Kano International Polo Tournament scheduled to be held at the Usman Dantata Polo Ground in Kano.
Seyi Tinubu’s reckless private trip using taxpayers’ money amid hardship in Nigeria mirrored what happened in January 2020 when then-President Muhammadu Buhari’s daughter, Hanan, took a private photography trip to Bauchi State in a presidential jet.
Jaafar Jaafar, a Nigerian journalist from Kano State and the founder of Daily Nigerian, wrote on his X (formerly Twitter) handle, “Here’s Tinubu’s golden child, Seyi, traveling in a presidential jet to watch polo in Kano. But this trend did not start today.
“Buhari set the bad example when he allowed his daughter Hanan to travel in a presidential jet for a photo tour in Bauchi. Even if our laws are vague on this, one thing is clear. This is an offence to the moral code of leadership.”
Another user, @belloinuwa, who also spoke on the misuse of special forces units in the country said, “What about the misuse of a special forces unit as his bodyguards? See them in the pictures.
“The other day he went skateboarding in Abuja with them running by his side. This is just a continuation of the culture of impunity from the previous government, perhaps on an even grander scale this time
Another X user, @HGBashar wrote, “Buhari merely sought the title of ‘President’ without understanding or respecting the sanctity of the office.
“The audacity to let his daughter, Hanan, use a presidential jet for a mere photo tour in Bauchi was the beginning of this mockery. Now we see Tinubu’s protege, Seyi, hopping on the same jet for a polo match in Kano.
“It’s not just about the laws, it’s about ethics, morals, and respect for the position. Our leaders must do more than just occupy an office; they must uphold its dignity.”
Also, @EIderstateman said, “Gone are those days when public employees could confront political leaders without fear or favour and be reprimanded if they disregarded established processes, norms, and regulations. My Dad once sent a bill to Sir Ahmadu Bello for using an official plane for an unofficial trip.”
In November 2022, in the build-up to the 2023 presidential election, Seyi also attracted public outrage when he flew to Kano in a private jet to lead a rally in support of his father
The Federal Capital Territory Administration, FCTA has began disilting of accumulated silt, sand and other objects blocking drains are being removed.
Men from FCTA were captured on camera as they clear blockades caused by flood.
See photos below:
The Black Market Dollar-to-Naira Exchange Rate for 3rd September 2026 Can Be Accessed Below.
NOTE: The exchange rate changes hourly. It depends on the volume of dollars available and the Demand. This means…you can buy or sell 1 dollar at a certain rate, and the price can change (high or low) within hours.
The exchange rate fluctuates hourly based on the supply and demand of dollars in the market.
What’s the dollar to naira black market today, 3rd September 2026?
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players sell a dollar for ₦1403 and buy at ₦1395 on Thursday, 3rd September, 2026, according to sources at Bureau De Change (BDC).
Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.
Dollar to Naira Black Market Rate Today
Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Selling Rate ₦1405
Buying Rate ₦1395
Dollar to Naira CBN Rate Today
Dollar to Naira (USD to NGN) CBN Rate Today
Highest Rate ₦1335
Lowest Rate ₦1326
A Celestial Church of Christ evangelist, Abidemi Odukoya, and his wife, Adenike, have reportedly died in separate circumstances following an alleged domestic altercation at their residence in the Akinode/Ibogun community, Ogun State.
It was learnt that the incident occurred in the early hours of Monday, August 25, after the couple allegedly engaged in a domestic dispute that escalated into a physical confrontation.
The altercation reportedly left Adenike unconscious and injured, while her husband allegedly fled the residence.
A former Chairman of the Community Development Association, Adejimi Olawumi, said in a video shared by Arole TV on Wednesday that he was alerted by residents’ cries for help and subsequently found the woman lying in a pool of blood.
Olawumi said, “It was around 1am when I heard my neighbours shouting, ‘thief, thief.’ On my way out, I saw Daniel. I asked him what happened, and he said it was his mum and dad. Then I went to call my neighbours to come out.
“Immediately, we got inside the house and saw the wife in a pool of blood. At that time, there were no vehicles to take her to the hospital.
“The son said he did not see what happened between his mum and dad because he was in the other room. So, we started calling people together.”
Olawumi said members of the CDA subsequently noticed that Odukoya was missing and began searching for him.
According to him, they later learnt that the cleric had been hit by a vehicle in the Ifo area of the state.
He said, “When we saw that we did not see the husband, everyone in the CDA came out to look for him everywhere. We called our area chairman to tell him about the incident.
“Later, we heard that Mr Abidemi had been hit by a car in Ifo. The police took him to the hospital, and we confirmed that he was the one. The CDA then started working on how to bring his remains home.
“We have never heard or seen something like this happen before. We only know that they fight sometimes and settle it among themselves.”
Meanwhile, the late evangelist’s younger sister, in a video circulating online, claimed that the couple had been involved in repeated disagreements before their deaths.
She said the couple had visited her around April following an earlier altercation, adding that the matter was eventually resolved at a police station.
She said, “I have been hearing that they have been fighting for a while now. Around April, they came to my house. He explained everything about how he and his wife fought, and that it was at the police station they settled it.
“I only told them to be patient with each other because it is not right for a husband and wife to fight against each other. They had been fighting for a very long time, and people helped them settle it. And now we just heard that the husband and wife are dead.”
The woman said the family was informed of the incident after one of the siblings received a phone call, adding that arrangements were subsequently made for the remains of the deceased.
The wife was reportedly buried on the day of the incident, while Odukoya was buried on Wednesday, September 2.
In separate footage seen by PUNCH Metro on Wednesday, some clerics were seen performing burial rites over the remains of the evangelist at an undisclosed location.
The circumstances surrounding the deaths, however, remained unclear as of the time of filing this report.
When contacted on Wednesday, the deputy spokesman for the state police command, Opeyemi Oluborode, confirmed the incident.
“The police is investigating the incident,” he added. (The PUNCH)
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