Sat. Apr 10th, 2021

Reference Daily News

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No New House, Shares as Buhari and Osinbajo Declare Assets

2 min read

Yesterday, President Muhammad Buhari met the Code of Conduct Bureau deadline for all public officers to tender their end of tenure asset declaration.

The asset declaration is compulsory by constitutional provisions before his oath-taking.

The President disclosed yesterday night in a statement by Mr Garba Shehu, the President senior special assistant on media and publicity that no new acquired property in the president asset declaration, still the same with the initial declaration on 2015 when he first assumed office.

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    “The duly completed forms were submitted to the Chairman of the CCB, Prof Mohammed Isa, on behalf of the President by Sarki Abba, Senior Special Assistant, Household and Domestic Affairs.”

    The Presidency said, “The forms, assigned by the President and sworn to before a Judge of Abuja High Court, showed no significant changes in assets as declared in 2015 by him.
    “There are no new houses, no new bank accounts at home and abroad, and there are no new shares acquired.

    “The chairman of the CCB commended the President for leading by example by declaring his assets in accordance with the law.”

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    Reference Daily News recalls in 2015 according to Shehu in a statement that President Muhammad Buhari declared the following asset:

    270 cows, 25 sheep, five horses, birds and economic trees, there were five houses in Kaduna, Daura, Kano and Abuja, a plot of land each in Port Harcourt and Kano; farms, an orchard, and some cars while he owned a mud house in Daura.

    In the statement, President Buhari had shares in Berger Paints, Union Bank, and Skye Bank.

    “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 a 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.”

    For Vice-President Yemi Osinbajo, the Presidency stated that he had, “A bank balance of about N94m and 900,000 United States Dollars in his bank accounts.”

    In 2015, the vice president, Prof. Yemi Osinbajo had the following houses, “four-bedroomed residence on Victoria Garden City, Lagos, and a three-bedroom flat on 2, Mosley Road, Ikoyi;  two-bedroom flat on Redemption Camp along Lagos-Ibadan Expressway and a 2-bedroom mortgaged property in Bedford, England.”

    The Presidency added, “Apart from his law firm, known as SimmonsCooper, the vice-president also declared shareholding in six private companies based in Lagos, including Octogenerium Limited, Windsor Grant Limited, Tarapolsa, Vistorion Limited, Aviva Limited and MTN Nigeria.”

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