Presisent Muhammad Buhari declares 270 cattle, mud houses, N30m, others • Osinbajo worth $900,000, N94m and more
President Muhammadu Buhari and Vice
President Yemi Osinbajo on Thursday made public details of their
assets, which had been declared to the Code of Conduct Bureau.
According a statement by the President’s
Senior Special Assistant, Media and Publicity, Garba Shehu, the
President has about N30m in his only bank account with the Union Bank
Plc, while the Vice President has a balance of N94m, $900,000 and 19,000
pounds in his bank accounts.
Shehu’s statement said the President had
shares in Berger Paints, Skye Bank and Union Bank and a total of seven
houses, comprising two mud and a standard house in Daura, his hometown;
two homes in Kaduna, one in Kano and one in Abuja.
Also belonging to the President are two
undeveloped plots of land in Kano and Port Harcourt. The President did
not ascertain the location of the Port Harcourt land, according to the
statement.
Buhari also has an orchard and a ranch
in Daura with 270 heads of cattle, 25 sheep, five horses, a variety of
birds and a number of economic trees in them.
But the statement did not disclose the
worth of the landed property and other assets, which both the President
and the Vice President had declared.
Shehu said the President had no oil well and foreign bank accounts.
Buhari was also said to have declared
that he had several cars, two of which he said were bought with his
savings and the others supplied to him by the Federal Government in his
capacity as a 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,” the statement
added.
For the Vice-President, Shehu said
Osinbajo, a Senior Advocate of Nigeria, declared a four-bedroomed
residence at Victoria Garden City in Lagos; three-bedroomed flat in
Ikoyi, Lagos; two bedroomed flat at the Redempion Camp, Lagos-Ibadan
Expressway; and a two-bedroomed mortgage property in Bedford, England.
The vice president operates his Simmons
Cooper Law firm, which is based in Lagos and has shares in MTN Nigeria,
Octogenerium Ltd., Windsor Grant Ltd., Tarapolsa Vistorion Ltd., and
Aviva Ltd., all of which are based in Lagos.
Osinbajo is also said to have one Infinity 4-Wheel Drive SUV, one Mercedes Benz and a Prado Jeep.
Shehu’s statement read in part, “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 N30m 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 Vice President, Prof. Yemi Osinbajo
(SAN) who had been a successful lawyer before his foray into politics
declared a bank balance of about N94m and $900,000 in his bank accounts.
“President Buhari declared however that he had shares in Berger Paints, Union Bank and Skye Bank.
“The documents also revealed that
President Buhari had a total of five homes, and two mud houses in Daura.
He had 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. He borrowed money from the old Barclays
Bank to build two of his homes.
“President Buhari also has two
undeveloped plots of land, one in Kano and the other in Port Harcourt.
He is still trying to trace the location of the Port Harcourt land.’’
No comments: