President Muhammadu Buhari and Vice President Yemi
Osinbajo on Thursday made public details of their assets which
they have declared to the Code of Conduct Bureau.
According a statement by the President’s Senior Special
Assistant, Media and Publicity, Garba Shehu, the President has
about N30m in his only one bank account with Union Bank Plc,
while the Vice President has a balance of N94m, $900,000 and
19,000 pounds.
According to Shehu’s statement, the President has shares in
Berger Paints, Skye Bank and Union Bank and a total of seven
houses, comprising two mud and a standard house in Daura, his
hometown; two homes in Kaduna, one in Kano and one in
Abuja.
But the statements did not disclose the worth of the landed
property and other assets, which both the President and the Vice
President had declared.
However, Shehu said the President had no oil well and foreign
bank accounts.
He said the President had two plots of undeveloped land in
Kano and Port Harcourt. The President has not been able to
ascertain the location of the Port Harcourt land, according to the
statement.
The President is also said to have declared that he had a number
of cars, two of which he was said to have 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,” the statement added.
He is said to have an orchard and a ranch in Daura with 270
heads of cattle 25 sheep, five horses a variety of birds and a
number of economic trees in them.
For the Vice President, Shehu said the Senior Advocate of
Nigeria declared a four-bedroom residence at Victoria Garden
City in Lagos, three-bedroom flat in Ikoyi, Lagos, two bedroom
flat at Redemption Camp, Lagos-Ibadan Expressway, two-
bedroom mortgaged property in Bedford, England.
He is said to operating his SimmonsCooper Law firm, which is
based in Lagos, and has  shares in MTN Nigeria, Octogenerium
Ltd., Windsor Grant Ltd., Tarapolsa, Vistorion Ltd.,  Aviva
Ltd., all of which are based in Lagos.
Osinbajo is also said to have one Infinity 4-Wheel Drive SUV,
one Mercedes Benz and a Prado Jeep.
Shehu’s statement read in part, “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 N30m 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.”
The documents also revealed that 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.
The President 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 N90m, $900,000 and 19,000 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.”