Tuesday, March 18, 2025

Nigeria 2023: Will past US Drug Cash Settlement Saga Dent Tinubu’s Electoral Chances?

As the Nigeria presidential electiond draws close, details of a 1993 settlement between United States authorities and Nigerian Presidential hopeful, Bola Tinubu, which led to the forfeiture of $460,000 suspected to be the proceeds of drug trafficking have resurfaced ahead of the 2023 election.

And the logical question to ask is: Will this affect Tinubu’s fortunes at the polls?

This is really an issue Tinubu’s team thought was dead and buried since it happened some 30 years ago.

READ MORE: Zambia Anglo-American Copper Mining Prospects Lifted as Cadastre Office Reopens

However, it has now resurfaced and dominated the social media space for the past 48 hours in Nigeria, Africa’s largest democracy.

It is posited that between the late 80s and the early 90s, Tinubu came under investigation after funds suspected to be proceeds of drug trafficking were traced to his bank accounts.
And this development quite has the potential of turning the electoral tables against this presidential hopeful, at the polls.

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