I’m not beholden to any cabal, spent my money on presidential election – Tinubu

President Bola Tinubu

President Bola Tinubu says his ascension to the presidency was not engineered by a motley crowd of powerful persons and vested interest.

He said he is not beholden to any cabal as the funds he used to finance his presidential election were his personal fortune.

He made this known when received a delegation of Islamic leaders led by Sheikh Bala Lau, at the State House on Thursday.

This is as he debunked allegations of manipulation and sabotage by some interest group in the ongoing economic reforms, saying his campaign was self-sponsored, without strings, or indebtedness to any individual or institution.

He said, “I have no cabal. I have no sponsors. The money I spent on the elections was my personal fortune. At some point, the odds were against me; banks were locked. But Allah, the Almighty God, said I will be the President. Mine is to now follow the leading and teaching of the Almighty God.

“One of the most potent elements of defence is a good conscience. It is also a defence against corruption.

“What should be uppermost in our minds is the future of our children. We have a lot to teach them on what it takes to be a good citizen and what it takes to be a responsible citizen,’’ the President stated.

Tinubu said protests spurred by anger and hate, could plunge the nation into instability and set the country backwards.

“We are reworking the social welfare scheme to reach the ward level, which is the closest to our people. We are going to ensure that we re-establish connection with the wards, again, so that we can give allowances to the poor and the vulnerable.

“The student loans will pay for school fees. There will be monetary support for the education of our children. The consumer credit will support citizens to buy cars and houses, and they can repay gradually.

“We have increased the minimum wage by more than 100 percent,’’ the President said.

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