Friday, 4 September 2015

Presidency finally discloses details of Buhari, Osinbajo’s assets



President Muhammadu Buhari and Vice President Yemi Osinbajo, finally disclosed details of their declared assets Thursday, bowing to growing public pressure for the new government to do so within its first 100 days as part of the campaign promises made to Nigerians.
  
According to the details disclosed,
Mr. Buhari had N30 million in his bank account before taking office on May 29, while Mr. Osinbajo had N94 million and $900,000, the presidency said in a statement Thursday, quoting details from the asset declaration forms filed by the two leaders at the Code of Conduct Bureau. 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, his office said. Mr. 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, according to the statement. He has an unstated “number of cars”. 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 law firm, known as SimmonsCooper, he has shareholding in Octogenerium Ltd., Windsor Grant Ltd., Tarapolsa, Vistorion Ltd., Aviva Ltd. and MTN Nigeria – all based in Lagos.