He made the revelation in a statement on Sunday titled ‘The End SARS protests; fundamental lesson in democratic governance’.
Tinubu declared that irate mob that carried out the arson were sponsored by his political opponents.
The national leader of the All Progressive Congress (APC) regretted that he was specifically targeted.
The Jagaban admitted that he has major stakes in TV Continental and The Nation.
The media houses were destroyed last week.
“I am, indeed, a promoter and financial investor in the Nation newspaper and TVC. It was widely known and circulated through social media that certain malevolent elements were going to take advantage of the situation to attack the Nation newspaper facilities and TVC in Lagos.
“The attackers came. Both facilities were significantly damaged. Although equipped with prior notice of the imminent trespass, I did not call any one to seek or request for the army or police to deploy let alone attack, kill, or injure those who razed and vandalized these properties. I did not want any bloodshed.
“These elements, mostly hirelings of my political opponents, wreaked their havoc and destroyed those buildings and facilities and I thank God that the employees of these two media institutions managed to escape largely unharmed.”
Tinubu, however, noted that while buildings and damaged equipment can be rebuilt or replaced, there is no adequate substitute for the loss of even a single human life.