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Buhari Declares 5 Houses, N30m; Osinbajo N94m

Contrary to insinuations that President Muhammadu Buhari had only one house in Kaduna, his asset declaration form shows that indeed, he has five homes scattered in Kaduna, Kano, Katsina and Abuja. The president also declared ownership of undeveloped plots in Kano and Port Harcourt, Rivers State.

The President also declared N30m as his financial worth prior to May 29 when he was sworn in. His deputy, Prof. Yemi Osinbajo also listed a horde o assets scattered around Nigeria and UK. A statement by the Senior Special Adviser on Media and Publicity to the President on Media and Publicity, Mr. Garba Shehu said “the documents submitted to the CCB, show that prior to being sworn in on May 29, President Buhari had less than N30 million to his name”.

CCB officials, he said, are still being vetting the claims and will soon make their findings public, Shehu said the President also had only one bank account with the Union Bank but with no foreign account, no factory and no enterprises.

He also had no registered company and no oil wells, he added. The statement further added that “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”. It added that President Buhari “had shares in Berger Paints, Union Bank and Skye Bank.

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 includes 270 heads of cattle, 25 sheep, five horses, a variety of birds and a number of economic trees”.


-Tony Aileman, Abuja

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