#Nigeria > President Buhari and VP Osinbajo Declare Assets

Although the presidency has claimed that President Muhammadu Buhari never promised to do anything within his first 100 days in office, he has fulfilled one of the promises he allegedly made — declaring his assets.

A statement by the Senior Special Adviser on Media and Publicity to the President, Mr Garba Shehu, said prior to being sworn in on May 29, President Buhari had the following: N30 million in his one and only bank account, with Union 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”.

He had seven houses, including two mud houses in Daura, his home town in Katsina State.

“He had two undeveloped plots of land, one in Kano and the other in Port Harcourt, Own 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. 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. President Buhari had shares in Berger Paints, Union Bank and Skye Bank.”

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”.

According to Mr Shehu, it is also on record 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.”

Sehu says the documents submitted to the bureau are still being vetted but will soon be made public.