A statement by the Senior Special Adviser on Media and Publicity to
the President on Media and Publicity, Mr Garba 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 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 statement said.
The statement further added that “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”.
It added that President Buhari “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.
“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”.
The documents 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.
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 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.
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Title :
President Buhari And VP Osinbajo Declare Assets
Description : A statement by the Senior Special Adviser on Media and Publicity to the President on Media and Publicity, Mr Garba Shehu said “the docum...
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