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Friday, September 4, 2015

President Buhari & VP's Osinbajo are not "Super Rich"...See President & VP's Declared Assets

 today’s world featuring Nigeria’s jetset of the super
rich 1% with their private jets and yachts, we now
know that President Buhari and Vice President
Osinbajo are not part of that group.
As promised, the Nation’s Number 1 and 2’s assets
have been publicly declared.
Buhari’s bank balance and list of assets contrasts
what one might expect from a previous Head of
State, given what we know from various
investigations and repatriated Swiss account funds
while Osinbajo is more financially buoyant.
Infographic by Punch Newspaper
Read the complete release;
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)
03-09-15

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