Mix reactions trail Buhari’s assets declaration





More Nigerians have reacted to the public declaration of assets by the President, Muhammadu Buhari and Vice President, Professor Yemi Osinbajo.

Just yesterday, the duo made public the declaration of their assets, which has continued to generate debates across the country.

To some, it is a noble action of leading by example, while some said it is a mere waste of time. A Lagos-based businessman, Phil John Nwanze said, “that is not what the country needs for good governance. The government should focus on what the people really need to survive the hard times.”

Another commentator, Stella Adeyemi-Kuku, however applauded the public declaration. “I totally agree with the actions. It is a way of checking the government officials. This is a way to check corrupt officials.”

Meanwhile, Ayandeji Solomon Odunayo is of the opinion that, “the government in almost 100 days has not done any serious prosecution of the so called corrupt Nigerians, it should concentrate on the economy and their assets declaration is not a true reflection of anti-corruption war in Nigeria.”

Executive Director, Socio-Economic Rights & Accountability (SERAP), Adetokunbo Mumuni, has however applauded the declaration of assets. According to Mumuni in a statement, the action cannot be compared to that of former President Goodluck Jonathan, who failed to publish his assets despite pressure from Nigerians.

The SERAP boss however urged the government to publish assets of top government officers, which should include cabinet Ministers whenever they are appointed. He also wants President Muhammadu Buhari to urgently see to amendment of the law concerning declaration of assets by public officers, to include the requirement of disclosure.

Human rights lawyer, Ebun Adegboruwa has described the President’s action as belated. According to him, the declaration should have been done voluntarily, adding that, the President’s public declaration came after Nigerians discovered most of his assets.

Meanwhile, South Africa has commended the Federal Government’s anti-corruption drive. South Africa’s envoy to Nigeria, Lulu Mnguni, said, the war against graft it will repair Africa’s image globally. He also enjoined Nigerians to support the administration.


Below is a brief break down of the published assets declared.


President Muhammadu Buhari

  • shares in Berger Paints, Union Bank and Skye Bank
  • A total of five homes, and two mud houses in Daura. 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.
  • 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.
  • Farms, an orchard and a ranch.
  • 270 heads of cattle, 25 sheep, five horses, a variety of birds and a number of economic trees
  • Cars: two of which he bought from his savings and the others supplied to him by the Federal Government as former Head of State. Others were donated to him by well-wishers after his jeep was damaged in a Boko Haram bomb attack on his convoy in July 2014.


Vice President Yemi Osinbajo

  • A bank balance of about N94 million and 900,000 United States Dollars in his bank accounts
  • 4-bedroom residence at Victoria Garden City, Lagos and a 3-bedroom flat at 2 Mosley Road, Ikoyi. a 2-bedroom flat at the popular Redemption Camp along Lagos-Ibadan Expressway and a 2-bedroom mortgaged property in Bedford, England.
  • 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.
  • Personal vehicles: One Infinity 4-Wheel Drive SUV, one Mercedes Benz and a Prado Jeep.



Story by Dayo Emmanuel




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