Buhari, Osinbajo Publicly Declare Assets


[caption id="attachment_12247" align="alignleft" width="300"]Muhammadu Buhari President Muhammadu Buhari[/caption]

President Muhammadu Buhari and Vice President Yemi Osinbajo, after much ado about the declaration of assets, have declared their assets to the Code of Conduct Bureau.

Contrary to expectations, President Buhari, appears to have lived a modest life when compared to other Heads of State.

A statement by Garba Shehu, Senior Special Assistant to the President (Media and Publicity), on Thursday said:

"The documents submitted to the CCB, which officials say are still being vetted and will soon be made public, show that prior to being sworn in on May 29, President Buhari had less than N30 million to his name. He also had only one bank account, with the Union Bank. President Buhari had no foreign account, no factory and no enterprises. He also had no registered company and no oil wells."

The document also states that President Buhari, prior to his election, also had farms, two undeveloped lands in Port Harcourt and Kano,an orchard and a ranch. The total number of his holdings in the farm include 270 heads of cattle, 25 sheep, five horses, a variety of birds and a number of economic trees. His five houses are: two homes in Kaduna, one each in Kano, Daura and in Abuja. One of the mud houses in Daura was inherited from his late older sister, another from his late father.

Buhari also owns a number of cars, two of which he bought from his savings and the others supplied to him by the federal government in his capacity as former Head of State. The rest were donated to him by well-wishers after his jeep was damaged in a Boko Haram bomb attack on his convoy in July 2014.

[caption id="attachment_12248" align="alignright" width="268"]Prof Yemi Osinbajo Prof Yemi Osinbajo[/caption]

Vice President, Prof Yemi Osinbajo, in contrast had been living a life of luxury. A bank balance of about N94 million, nine hundred thousand  United States Dollars is also credited to him. Landed property include: a 4-bedroom residence at Victoria Garden City, Lagos and a 3-bedroom flat at 2 Mosley Road, Ikoyi, a 2-bedroom flat at the popular Redemption Camp along Lagos-Ibadan Expressway and a 2-bedroom mortgaged property in Bedford, England. Prof Yemi Osinbajo also has shareholding in six private companies based in Lagos, including Octogenerium Ltd., Windsor Grant Ltd., Tarapolsa, Vistorion Ltd., Aviva Ltd. and MTN Nigeria. His personal vehicles are one Infinity 4-Wheel Drive SUV, one Mercedes Benz and a Prado Jeep.


Garba Shehu, however, promised to release the documents to be seen by every Nigerian.

Latest in this Category