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Assets: Buhari has N30m, five houses, can’t trace Port Harcourt land; Osinbajo has N94m, $900,000, house in London, shares in MTN

Ibrahim Ahmadu by Ibrahim Ahmadu
September 3, 2015
in Breaking News, News
0

Details of asset declarations of President Muhammadu Buhari and Vice President Yemi Osinbajo to the Code of Conduct Bureau (CCB) became public on Thursday.
In the document obtained by Freedom Online, Buhari has about N30 million in his bank account, five houses, vehicles and farms.
Osinbajo has N94 million, $900,000, houses in Nigeria and overseas, vehicles and shares in some companies, one of which is MTN.
A statement by the Senior Special Adviser (SSA) on Media and Publicity to the President, Malam Garba Shehu said: “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 had shares in Berger Paints, Union Bank and Skye Bank. He 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 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.
“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.
“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”.

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© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.