At last Buhari, Osinbajo bows to pressure, declare assets publicly

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President Muhammadu Buhari

Emmanuel Thomas, Lagos

September 4, 2015 – After keeping Nigerians in suspense over their worth, President Muhammadu Buhari and his Vice, Professor Yemi Osinbajo on Thursday shocked Nigerians when they went public to declare their assets to Nigerians just a little after three months since they were sworn into office.

According to a statement signed by Senior Special Assistant to the President on Media and Publicity, Mr. Garba Shehu ,President Buhari had N30 million in his bank account before taking office on May 29, while Mr. Osinbajo had N94 million and $900,000..

According to the statement, the president owns five houses in Kaduna, Daura, Kano and Abuja, and has two undeveloped plots of land, one in Kano and the other in Port Harcourt.

Buhari also has farms, an orchard, ranch, livestock including 270 cattle, 25 sheep, five horses, a variety of birds and a number of economic trees.

He has many cars while  Vice President Osinbajo owns 4-bedroom residence at Victoria Garden City, Lagos and a 3-bedroom flat at 2 Mosley Road, Ikoyi.

He also has a 2-bedroom flat at the popular Redemption Camp along Lagos-Ibadan Expressway and a 2-bedroom mortgaged property in Bedford, England.

Apart from his  SimmonsCooper law firm, he has shareholding in Octogenerium Ltd., Windsor Grant Ltd., Tarapolsa, Vistorion Ltd., Aviva Ltd. and MTN Nigeria – all based in Lagos.

The statement also quotes Buhari as having one bank account (with the Union Bank), no foreign account, no factory, no enterprises, and no oil wells.

It said the president has shares in Berger Paints, Union Bank and Skye Bank. Two of his houses in his native Daura are mud-made.

“He borrowed money from the old Barclays Bank to build two of his homes,” the presidency said.

“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 presidency  said.

The personal vehicles of Vice President Osinbajo are one Infinity 4-Wheel Drive SUV, one Mercedes Benz and a Prado Jeep.

 

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