In July 2013, it was reported that the daughter of former governor of Lagos State, Chief Bola Ahmed Tinubu, had been selected as the new Iyaloja of Lagos and the rest of Nigeria, pending the granting of official approval by the Oba of Lagos. This immediately caused a media storm, as critics argued that she wasn't qualified in terms of age and market experience. Others contended that it was a strategy by Chief Tinubu to acquire more power for his family among Lagosians. The market leader for Lagos Mainland local government opined that her appointment was a collective one and was not politically influenced. The Secretary General for Lagos Markets explained that her ascension was lawful, and in accordance with the market association's statutes. She also stated that she met the minimum requirement needed to be an Iyaloja. It was also reported that Folashade was the choice of the late Iyaloja. Despite these apparent hindrances to her coronation, on 29 October 2013, Folashade Tinubu-Ojo was officially installed as the new Iyaloja. Those present at the ceremony included her stepmother, Oluremi Tinubu, the Oba of Lagos, and the Alake of Egbaland.