Details of President Muhammadu Buhari's were made public on Thursday after he submitted documentation to the Code of Conduct Bureau (CCB).
Details of President Muhammadu Buhari's were made public on Thursday after he submitted documentation to the Code of Conduct Bureau (CCB).
In a statement issued on Thursday, spokesman Garba Shehu noted that the president's assets, valued at less than N30 million at the time of his inauguration on May 29, reflected his "austere and Spartan lifestyle," especially as a former Head of State.
His money was held in a single bank account and he had no registered company or foreign accounts to his name.
"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 statement said.
President Buhari also had shares in Berger Paints, Union Bank and Skye Bank.
In contrast, Vice President Yemi Osinbajo, whose assets were also declared, proved to be much wealthier, with N94 million and an additional 900,000 USD held in his bank accounts.
The Vice President owns a 4-bedroom residence in Lagos, a 3-bedroom flat in Ikoyi, and another 2-bedroom apartment "at the popular Redemption Camp along Lagos-Ibadan Expressway," according Mr. Shehu.
The Vice President also has a mortgaged property with two bedrooms in Bedford, England.
“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," the statement added.
"His personal vehicles are one Infinity 4-Wheel Drive SUV, one Mercedes Benz and a Prado Jeep," the statement also mentioned of the Vice President.