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At last Buhari, Osibajo Declare Asset

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Adetokunbo Fakeye
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Nigeria’s President, Muhammadu Buhari and his Vice, Prof Yemi Osinbajo on Thursday declared their assets publicly as promised.

This was disclosed by the Senior Special Assistant on Media and Publicity to the President, Mr Garba Shehu.

Shehu 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 disclosed that Mr President had only one bank account, with the Union Bank and that he had no foreign account, no factory and no enterprises.

Shehu stated further that, Buhari had no registered company and no oil wells.

‎It however stated that President Buhari had shares in Berger Paints, Union Bank and Skye Bank. He 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.

Shehu in the statement revealed that, Buhari 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.

“In addition to the homes in Daura, he has farms, 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”, he said.

The documents at the CCB, as stated by Shehu also showed that the retired General “uses 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.

On Vice-President, the statement said, “the Vice President, Professor Yemi Osinbajo (SAN) who had been a successful lawyer before his foray into politics declared a bank balance of about N94 million and 900,000 United States Dollars in his bank accounts”.

The same forms, according to Mr Shehu, notes that ” Vice-President, Professor Yemi Osinbajo’s asset declaration include his 4-bedroom residence at Victoria Garden City, Lagos and a 3-bedroom flat at 2 Mosley Road, Ikoyi.

The Vice President, it was stated also has a 2-bedroom flat at the popular Redemption Camp along Lagos-Ibadan Expressway and a 2-bedroom mortgaged property in Bedford, England. Aside from these, the Vice President has no other landed properties on the form.

“Apart from his law firm, known as SimmonsCooper, the Vice-President also declared 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. As soon as the CCB is through with the process, the documents will be released to the Nigerian public and people can see for themselves,” Mr Shehu said‎.

It will be recalled that during the electioneering campaign, the President had vowed that he would declare his assets within 100 days of assuming power while compelling his vice and every other political appointee to follow suit.

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