Governor Ajimobi declares assets

Started by emezico, Jul 04, 2011, 05:45 PM

emezico

Governor Abiola Ajimobi is the first governor of the Oyo state to publicly declare his assets.

Oyo State Governor Abiola Ajimobi publicly declared his assets on Sunday.

The governor's Senior Special Assistant on Public Communications, Dr. Festus Adedayo, made public the assets declaration form, on behalf of the governor.

Adebayo said, the step was in line with Ajimobi's promise to commence a government that lays store by transparency and accountability in the administration of the state.

According to the form filled by the governor, the total amount of cash he has in banks in the country is N292, 432, 107.00 while he has none in any foreign account.

The governor also declared that he had a mansion in Ibadan worth N250m, a building in the same city worth N150m, another one with the value of N300m in Lagos, as well as a detached house worth N300m in Abuja.

He added that he had a flat purchased through mortgage financing worth £450,000 in the United Kingdom, another worth £1.95m, purchased through mortgage in the UK and another house worth $1.5m in the United States of America.

Assets also declared are 131 acres of farm land in a village at the Ido Local Government area of Ibadan worth N150m, two Lagos-based companies, Viz Grandex Nigeria Limited, worth N200m and Network Petroleum Nigeria Limited, worth N260m, vehicles at N94.25m and household furniture, which include generating sets and electronics at N25m.

The governor also declared that his wife, Mrs. Florence Ajimobi, possesses a house in Ibadan that is worth N15m and another in Lagos that is worth N250m.

MyInfoStride

This is really good. A typical example for other political office holders. No skeleton in Governor Ajimobi's cupboard. I wish him in the administration of Oyo state. Let other governors follow suit.

emezico

As much as l appreciate governor Ajimobi courage to publicly declare his assets, l still find it hard to believe that he does not have any money in a foreign account, considering the fact that he has assets (buildings) in the UK and the United States of America.

l hope all that he declared was a true picture of what he actually has.