Governor Sanwo-Olu flaunts N160 million Patek Philippe wristwatch as poverty worsens in Lagos

Governor Babajide Sanwo-Olu of Lagos has continued to flaunt his exotic collection of wristwatches, including a Patek Philippe, estimated to sell for N160 million, as poverty and soaring inflation bite harder in the commercial hub.
Mr Sanwo-Olu’s constant show-off has been deemed insensitive to the plight of many Lagos residents who can barely make ends meet due to the fuel subsidy removal.
The provocative display of luxury was spotted by social commentator Feyi Fawehinmi on Sunday afternoon. He made a collage of the governor wearing a Patek Philippe and the watch’s price on the Chrono24 website, a platform where the wealthiest people in the world shop for their wrist candies.
Chrono 24 pegged the watch’s price at £136,189, about N160 million, based on the current exchange rate of N1,170 per pound. The website also listed the cheapest range of Patek Philippe watches at £40,000 and above.
Nigerians across Lagos and other states have continued to lament that President Bola Tinubu’s administration came with untold poverty.
By and large, Mr Sanwo-Olu’s body language of rocking expensive watches at this critical period suggests insensitivity to the average Lagosian who can barely eat a three-square meal.
Gboyega Akosile, a media aide to Mr Sanwo-Olu, did not immediately respond to Peoples Gazette’s request for comment on whether it is appropriate for the governor to flaunt the luxury watch as residents face economic hardship. The amount is sufficient to pay the N30,000 minimum wage of roughly 5,333 civil servants in a month
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

States
Bayelsa deputy governor urges women to champion social change
He said women played critical roles in nation-building.

States
NOA, NOSDRA partner on environmental safety in Kwara
Mr Williams commended NOA for seeking closer collaboration in environmental management.

States
WHO commends Ebonyi as FGM drops to 20.4%
Mr Ogbueli described the decline as a major milestone in efforts to end FGM.

Economy
FG empowers nearly 300,000 Nigerians through skills programmes: Minister
Mrs Oduwole saidthat the ministry was implementing policies to strengthen manufacturing and agro-processing, among others.

States
Osun 2026: APC candidate promises violence-free election, warns against intimidation
Mr Oyebamiji expressed optimism about winning the election.

NationWide
CJN seeks strong legal protection for maritime sector
Mrs Kekere-Ekun described maritime law as one of the principal pillars supporting global commerce.





