Senior Special Adviser to the President on Media and publicity, Garba Shehu has disclosed that prior to being sworn in on May 29, President Muhammadu Buhari had the following assets:
– N30 million to his name;
– one bank account, with the Union Bank;
– five homes, and two mud houses in Daura;
– two undeveloped plots of land, one in Kano and the other in Port Harcourt;
– own farms, an orchard and a ranch.
He also owned 270 herds of cattle, 5 horses, 25 sheep, a series of birds and a number of economic trees.
The president used 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 the former head of state.
In July 2014 a Boko Haram bomb attack on his convoy damaged his jeep, while all other things were donations from well wishers
President Buhari also "had shares in Berger Paints, Union Bank and Skye Bank”, the statement read.
The statement further added that the vice president, Professor Yemi Osinbajo (SAN), had the following assets:
– a bank balance of about N94 million and USD900,000 in his bank accounts.
– 4-bedroom residence at Victoria Garden City, Lagos and a 3-bedroom flat at 2 Mosley Road, Ikoyi; 2-bedroom flat at Redemption Camp along Lagos-Ibadan Expressway and a 2-bedroom mortgaged property in Bedford, England;
– a law firm, known as SimmonsCooper;
– 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.
This is in accordance with the promise made by president Muhammadu Buhari earlier this year to declare his assets if he became the president.
As his first 100 days in office draws close, reports say making the details of these assets public had been delayed as the president was awaiting the verification exercise by the Code of Conduct Bureau.
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