The statement reads:
“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)
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