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Mixed Reactions Trail Buhari’s Assets Declaration : Punch Newspaper - Politics - Nairaland

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Mixed Reactions Trail Buhari’s Assets Declaration : Punch Newspaper by ajbabs(m): 7:11am On Sep 05, 2015
Mixed reactions have continued to trail President
Muhammadu Buhari and Vice President Yemi
Osinbajo’s public declaration of their assets.
A statement by the President’s Senior Special
Assistant on Media and Publicity, Mr. Garba
Shehu, had on Thursday disclosed part of the
contents of the assets declaration forms
separately submitted by Buhari and Osinbajo to
the Code of Conduct Bureau.
Shehu said in the statement that the verification
of the President’s and the Vice President’s
assets was ongoing and that the forms would be
released to the public after the CCB’s
verification.
Based on the statement, Buhari’s assets include
about N30m in his only bank account with the
Union Bank Plc and a total of seven houses,
comprising two mud and a standard house in
Daura, his hometown; two homes in Kaduna, one
in Kano and one in Abuja.
The President’s assets also include two
undeveloped plots of land in Kano and Port
Harcourt, an orchard and a ranch in Daura with
270 head of cattle, 25 sheep, five horses, a
variety of birds and a number of economic trees.
According to the statement, Buhari also has
several cars, two of which he said were bought
with his savings, while the others were supplied
to him by the Federal Government in his
capacity as a former Head of State.
However, the declaration has been trailed by
diverse reactions, with some Nigerians raising
questions over the value of the President’s
assets, which were considered as vague in the
document.
For instance, analysts say they have been unable
to draw comparisons between the President’s
action and that of the late former President
Umaru Yar’Adua, the first Nigerian President to
publicly declare his assets.
Yar’Adua on June 28, 2007, a month after his
inauguration, made public photocopies of his
completed assets declaration form as submitted
to the CCB.
The document detailed Yar’Adua’s assets, valued
at N856, 452,892, with a total annual income that
was put at N18.7m.
In the document, Yar’Adua declared the values
of all his assets.
A breakdown of the assets declaration showed
that Yar’Adua had a total of N43, 702, 892.43 as
cash in his bank accounts, with other assets
contributing for the rest.
Among his detailed declaration of assets,
Yar’Adua listed his family compound in Katsina
State, which he described as an inheritance. He
valued it at N105m.
There were also a multi-storey building at A8
Wuse 2, Abuja and a duplex at Malali, Kaduna
State, valued at N212m and N120m, respectively.
He also disclosed that he had a seven-bedroom
duplex at 2, Lema Jubril Close, valued at N90m,
which he said was built from savings in 1987 and
a vacant plot at Asokoro New Layout in Abuja,
valued at N50m.
Yar’Adua also said that he had 2,000,000 units of
shares of Habib Bank acquired in 1998; 100,000
units of shares of Intercity Bank Plc; and
another 100,000 units of shares of Muradi Hotels
Limited.
He also disclosed that he had vehicles worth
N181,250,000, consisting of 29 new cars worth
N174,700,000 in both Katsina and Abuja, which
he described as campaign vehicles, a Honda
Accord car worth N350,000 and a Mercedes
Benz worth another N6,500,000.
In addition, Yar’Adua disclosed that his wife,
Turai, had a total asset of N19m, made up of
houses. He stated the value of each of the
houses.
Considering Yar’Adua’s declaration of assets,
analysts have described Buhari’s recent version
as a clear departure from a full declaration of
assets.
They labelled the declaration of assets as done
by Buhari as having too many holes, saying
Buhari should have specified the total number of
his cars rather than stating that he has several
cars, two of which he said were bought from his
savings.
Shehu’s statement had claimed that the
President had shares in Berger Paints, Skye Bank
and Union Bank .
But analysts said Buhari should have stated the
value of each of his houses, describing his
declaration of having ‘two homes’ as deceptive
since many houses can constitute a home.
While Yar’Adua declared the number of shares he
had in companies, Buhari’s declaration also
failed to disclose that.
Meanwhile, in December 2014, Buhari in a
Facebook post insinuated that he had about N1m
in his account, about 150 of cattle and houses in
Kaduna, Kano and Daura. But there was no
mention of any property in Abuja, the Federal
Capital Territory.
He had said, “I have at least one million naira in
my bank, having paid N5.5m to pick my form
from my party.
“I have around 150 (head of) cattle because I am
never comfortable without cows.
“I have a house each in Kaduna, Kano, and
Daura, which I borrowed money to build.
“I never had a foreign account since I finished
my courses in the USA, India and the UK.
“I never owned any property outside Nigeria.
Never!”
Some analysts said Buhari did not explain how
his 150 head of cattle and about N1m in
December 2014 multiplied to 270 head of cattle
and N30m less than a year later, respectively,
especially as Buhari had said that he had to
borrow the N27m he needed to purchase his
presidential form from his party, the All
Progressives Congress.
Reacting to the declaration of assets by Buhari
and Osinbajo, a lawyer, Carol Ajie, said the
documents had loopholes.
Ajie said Buhari and his deputy needed to “make
clear if they have liabilities or not, bearing in
mind that the constitution places emphasis on
assets and liabilities.”
The lawyer said, “We need a bit more on
specificity on some of the items such as shares
in Berger Paints, Union Bank and Skye Bank,
considering the length of time between April
when he won the election and now, a period of
six months for assets valuation of his seven
houses located in Daura, Kano, Kaduna and
Abuja.
“We have no addresses on these houses and
what type of houses-bungalow, block of flats or
duplexes- and estate valuer’s estimates. Same
for his farms, orchard and a ranch in Daura, etc.”
Another legal practitioner, Mr. Kayode Ajulo, said
the President had yet to complete the
declaration “as it is the law that his spouse is
not a civil servant; the spouse must declare her
assets in the same manner as done by President
Buhari.
“The same goes for his deputy. As it is, there
may be likelihood of violation of the law on
declaration of assets,” he added.
A civil rights lawyer, Ebun Adegboruwa, who
described Buhari’s assets declaration as belated,
also faulted the President for failing to disclose
the worth of the property and stocks he listed as
belonging to him.
He said, “He should have let us know the worth
of those assets, especially the ones in Abuja. So
without knowing the worth, we cannot estimate
what the President has. The information supplied
to the public by the President is so scanty, as to
totally amount to hoarding vital details of his
assets.
“For the assets declaration to make any
meaningful impact, it should have been declared
voluntarily and without any prompting upon the
President by Nigerians. The implication of this is
that the President was forced to declare his
assets.
“Secondly, the assets declaration is coming after
Nigerians, through their most diligent efforts,
have already uncovered most of the President’s
‘secret assets’, especially the house in Abuja. By
now, most of the contents of the President’s
assets declaration document are already in the
public domain.”
The lawyer also called on the President to make
the assets of his adult children known to the
public.
He said, “The Code of Conduct Bureau and the
constitution require that it is not just the assets
of the President that should be declared, the
assets of all his grown-up children should also be
disclosed.
“Is he hiding his assets through his children
because there are many of them that are grown
up? In Nigeria, you suddenly discover that
children who are 18 years of age have houses in
London, United Kingdom or Maitama and Asokoro
in Abuja.”
Another lawyer, Jiti Ogunye, who commended
the President for his public declaration of assets,
also joined his voice with those calling for a
more detailed declaration.
He said, “I commend the President and the Vice
President for what they have done.
“Moving forward, our expectation is that now
that we have a summation of this asset
declaration, number of houses is disclosed, the
account is disclosed and the credit in the
account is disclosed.
“We hope that when the verification is concluded
and that will not be too long, further details and
particulars would be furnished to the Nigerian
people.
“Those who are calling for fuller disclosure are
not calling for something extraordinary or that
ought not to be done, so I join those who are
calling for fuller disclosure even as I commend
this summary of disclosure.”
However, a Senior Advocate of Nigeria, Emeka
Ngige, dismissed claims by some of the analysts,
saying that the task of valuating the listed
property should be left to the CCB.
He said, “I think the actions of the President and
the Vice-President have sent positive signals on
governance. The policy should now be extended
to all political office holders appointed by the
administration.”
Another civil rights lawyer, Liborous Oshoma,
described the criticisms trailing the asset
declaration in some quarters as “sentimental.”
He said, “For me, the essence of this is to open
a new struggle for us, a new fight, a new
demand of accountability. It is not necessarily
about the worth of what was declared, but the
fact that the assets were declared.
“The man has said he owns so and so, anybody
who wants to question that can begin to conduct
investigations into what he said he owns. It is
not much about the worth of the houses and it
has not been established that the houses were
acquired with stolen funds because that is when
we can begin to calculate the worth.”
Meanwhile, the Code of Conduct Bureau on
Friday said it had begun the verification of the
assets declared by President and his deputy.
The CCB, through its Head of Press and Protocol
Unit, Mrs. Iyabo Akinwale, confirmed to our
correspondent that the verification of their
assets had commenced.

http://www.punchng.com/news/mixed-reactions-trail-buharis-assets-declaration/
Re: Mixed Reactions Trail Buhari’s Assets Declaration : Punch Newspaper by MikelEleta(m): 7:15am On Sep 05, 2015
There is never a time d reaction won't be mixed. Even wid christ peoples perception of him was also mixed. Issues have been raised abt dt declaration which can't just be ignored cos dy were genuine buh let's wait for CCB to conclude bfor we tackle
Re: Mixed Reactions Trail Buhari’s Assets Declaration : Punch Newspaper by stuff46(m): 7:15am On Sep 05, 2015
Always
Re: Mixed Reactions Trail Buhari’s Assets Declaration : Punch Newspaper by ibkgab001: 7:19am On Sep 05, 2015
What else do they want ... So people are looking for real analysis of someone's properties



Anyway he who comes to equity must come with clean hands


INTROVERT still sleeping from yesterday's club gig
Re: Mixed Reactions Trail Buhari’s Assets Declaration : Punch Newspaper by absoluteSuccess: 7:20am On Sep 05, 2015
People sha, who can satisfy a nation? No one can.
Re: Mixed Reactions Trail Buhari’s Assets Declaration : Punch Newspaper by ajbabs(m): 7:24am On Sep 05, 2015
.
Re: Mixed Reactions Trail Buhari’s Assets Declaration : Punch Newspaper by Nobody: 7:28am On Sep 05, 2015
You are worth 30m and you obtained over 20m loan to buy presidential ticket? your wife owns a wrist watch that costs millions,daughter's school fees run in millions.... clap for yourself.
Re: Mixed Reactions Trail Buhari’s Assets Declaration : Punch Newspaper by Magician1503(m): 7:29am On Sep 05, 2015
Ebenezer Obey's song comes to mind.
Ko s'ogbon to le da....
Omoluabis will understand
Re: Mixed Reactions Trail Buhari’s Assets Declaration : Punch Newspaper by yanabasee(m): 7:37am On Sep 05, 2015
Sai baba.
Sai Dauran-slow poke.
Sai I wail pass you.
Sai naija on one chance.
Sai I will probe the probables.
Sai I have lied and will keep lying.
Sai I be hypocrite.
Sai I corrupt pass GEJ.
Sai Amaechi cannot be probe.
Sai Atiku is a saint.
Sai Tinubu no sabi play politics.
Sai OBJ is Allah's grandchild.
Sai tongue grin

1 Like

Re: Mixed Reactions Trail Buhari’s Assets Declaration : Punch Newspaper by nerodenero: 8:07am On Sep 05, 2015
Polithiefcians lie as it's a hobby. They use lie to win election and govern with lies. As I have always said "polithiefcians never mean what they say and will never say what they mean".

1 Like

Re: Mixed Reactions Trail Buhari’s Assets Declaration : Punch Newspaper by sdindan: 8:08am On Sep 05, 2015
We have a poor president.
His wife is reacher than him.
His celebrity daughter is reacher than him.
KONTINU

1 Like

Re: Mixed Reactions Trail Buhari’s Assets Declaration : Punch Newspaper by PassingShot(m): 8:14am On Sep 05, 2015
Advice 101: Do not discuss logic and rationality in the same sentence with TANoids. They have special capacity for pettiness.
Re: Mixed Reactions Trail Buhari’s Assets Declaration : Punch Newspaper by nerodenero: 8:23am On Sep 05, 2015
sdindan:
We have a poor president.
His wife is reacher than him.
His celebrity daughter is reacher than him.
KONTINU
shocked shocked
Re: Mixed Reactions Trail Buhari’s Assets Declaration : Punch Newspaper by ishiamu(m): 8:42am On Sep 05, 2015
stuff46:
Always


Buhari na scam

Yahoo man
Re: Mixed Reactions Trail Buhari’s Assets Declaration : Punch Newspaper by OrlandoOwoh(m): 9:00am On Sep 05, 2015
Magician1503:
Ebenezer Obey's song comes to mind.
Ko s'ogbon to le da....
Omoluabis will understand
. . . ko s'iwa to le wu, ko s'ona to le mo to le fi t'aye l'orun o. Ile aye fun 'gba die ni o . . .
Re: Mixed Reactions Trail Buhari’s Assets Declaration : Punch Newspaper by OrlandoOwoh(m): 9:02am On Sep 05, 2015
PassingShot:
Advice 101: Do not discuss logic and rationality in the same sentence with TANoids. They have special capacity for pettiness.

They don't even have common sense, let alone logical argument.

1 Like

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