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source: PREMIUM TIMES
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President Muhammadu Buhari and Vice President Yemi Osinbajo declared their assets to the Code of Conduct Bureau.
Garba
Shehu, a senior special assistant in charge of media and publicity for the
president says the new president's wealth declaration shows that he has been living
"an austere and Spartan lifestyle" compared to his predecessors and
other senior government officials, with US$150,000 in his personal account.
Garba
Shehu said in a statement that documents submitted to the Code of Conduct
Bureau show President Muhammadu Buhari's lifestyle is contrary to what one
would expect of a top official. Shehu says the documents
submitted to the bureau are still being vetted but will soon be made public.
Buhari has vowed to stamp out corruption which is endemic in Africa's biggest
economy.
THE FULL STATE READS THUS:
The presidency has
released the statement below giving details of the assets of President
Muhammadu Buhari and Vice President Yemi Osinbajo, as declared to the Code of
Conduct Bureau.
The statement reads:
“Documents submitted by
President Muhammadu Buhari to the Code of Conduct Bureau (CCB), show that the
retired General has indeed been living an austere and Spartan lifestyle,
contrary to what many might expect of a former Head of State of Nigeria and one
who has held a number of top government positions, such as governor, Minister
of petroleum and the head of the Petroleum Development Trust Fund (PTDF).
“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 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.
“President Buhari
declared however that he had shares in Berger Paints, Union Bank and Skye Bank.
“This is entirely unlike
what one might expect from a former head of state of a country like Nigeria.
“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.
“As revealed by the same
forms, highlights of the 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.
“According to details
shown on the form, the Vice-President has about ninety four million naira, nine
hundred thousand US dollars and nineteen thousand pounds in Nigerian Banks with
the foreign currencies kept in local domiciliary accounts. 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.”
Signed:
Garba Shehu
Senior Special Assistant to
the President (Media and Publicity) 
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