Nigeria 2023: Will past US drug cash settlement dent Tinubu’s electoral chances? 

By Eniola Akinkuotu
Posted on Thursday, 10 November 2022 16:18, updated on Wednesday, 23 November 2022 12:32

Bola Tinubu on 2 June 2022 (facebook/Asiwaju Bola Ahmed Tinubu)
Bola Tinubu on 2 June 2022 (facebook/Asiwaju Bola Ahmed Tinubu)

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. Will this affect Tinubu’s fortunes at the polls? 

It was an issue Tinubu’s team thought was dead and buried having happened some 30 years ago. But it has now resurfaced and dominated the social media space for the last 48 hours in Africa’s largest democracy.

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.