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Seyi Makinde's N48bn Assets: Explain Source Of Your Wealth - APC Tells Governor - Politics (4) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Seyi Makinde's N48bn Assets: Explain Source Of Your Wealth - APC Tells Governor (38216 Views)

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Re: Seyi Makinde's N48bn Assets: Explain Source Of Your Wealth - APC Tells Governor by Advancedman(m): 6:57pm On Jul 16, 2019
[How many Millionaires has he raised
Re: Seyi Makinde's N48bn Assets: Explain Source Of Your Wealth - APC Tells Governor by thebiggestgists(m): 6:58pm On Jul 16, 2019
doctokwus:
That is a very relevant and apt question,in a society of course that is sane and same rules,laws and regulations apply to all.
But of course,this is no sane place.
Much as we would pretend to be civilized country and people,we live in a jungle.
So Makinde and others of his ilk,from both parties,can come out and declare superfluous wealth without stating the sources and details of the wealth.
It could all be anticipatory wealth from what he will garner as governor,for all we know.
You just decided to be foolish Olohun.
Tell me the political post Makinde has held before. A whole engineering company that works for Shells and other oil company

4 Likes

Re: Seyi Makinde's N48bn Assets: Explain Source Of Your Wealth - APC Tells Governor by BigIyanga: 7:08pm On Jul 16, 2019
Newboss:


Wrong!

He declared over 200m Naira as cash in bank.

Illiquid assets is not safe by any standard. One disaster is all it will take to send such investor to ground zero.

Learn more about money and all the possible evils.
Wrong idea. I mentioned his foreign deposit. Naira is very unstable because of forex volatility.
All billionaires in this world have more illiquid. Assets. Bill Gates, Mack Zuckerberg, Trump etal have more illiquid than liquid assets because they can be diversified and borrowed against.. Good companies keep their liquidity to the barest minimum. Jay-Z as a new billionaire, only has less than 10% of net worth in cash.

2 Likes

Re: Seyi Makinde's N48bn Assets: Explain Source Of Your Wealth - APC Tells Governor by samphem(m): 7:09pm On Jul 16, 2019
Someone that is paying taxes up 1.5 billion every year to Government they didn't question him then ooo,None of APC gov can declare their asset like that because they are using corruption to cover up

1 Like 1 Share

Re: Seyi Makinde's N48bn Assets: Explain Source Of Your Wealth - APC Tells Governor by BigIyanga: 7:15pm On Jul 16, 2019
skedman:
tinubu is a chartered accountant and can be traced to numurous business doing very well in nigeria
Alphabeta. A consulting firm
Tvc
Radio continental
Hospitality business oriental hotel
Chairman ccecc
Chairman shoprite
Oando etc.
Please traced a company to makinde please
Nonsense. Can you name a single co he owned b4 1999 that is still in business today?
He was an accountant at Mobil in 90s, but could not provide the source of $500k in his account to US district court in Northern ILlinois that it was legitimately earned??

2 Likes

Re: Seyi Makinde's N48bn Assets: Explain Source Of Your Wealth - APC Tells Governor by Joevics(m): 7:17pm On Jul 16, 2019
post=80329068:

#50,000,000,000.
FIFTY BILLION NAIRA!!!

And he never told the people he governs how he made or came across such money!?

Matters arising.......
Oyo State indigenes, over to you.
Wishing you all the best for the next 4 years!


It is always good and refreshing to see that we still have some reasonable and sensible youths around here on this forum.
With young men like you, there is still hope for our nation.
You are giving us hope for a better future.

You have passed your points acrossed.
Remain blessed.
There is nothing about you and the guy you quoted. Both of you are just making noise like the APC miscreants.

The access declaration form was publicly displayed showing how he got the figure.

Get informed so you aren't be easily swayed next time.
...........

Shit, I didn't even check the username.
No wonder.
Wasted effort on a zombie.

2 Likes

Re: Seyi Makinde's N48bn Assets: Explain Source Of Your Wealth - APC Tells Governor by jodeci(m): 7:17pm On Jul 16, 2019
SocialJustice:
When I saw Makinde's profile, I knew there are silent successful people in this country. See his current and past staff coming out to speak for him. There's a $350m contract that only his company could handle in West Africa. He did the whole job himself.

Makindes Makon Engineering is the first and only company in Nigeria that delivered gas compressors for shells multimillion dollar DOM gas projects through a chartered cargo flight from USA just to beat deadline.

6 Likes 1 Share

Re: Seyi Makinde's N48bn Assets: Explain Source Of Your Wealth - APC Tells Governor by stanliwise(m): 7:20pm On Jul 16, 2019
jodeci:
Idiots do not know the magnitude of projects MAKON engineering handles for shell and other IOCs
You no get sense at all o. shey you know?
Re: Seyi Makinde's N48bn Assets: Explain Source Of Your Wealth - APC Tells Governor by jodeci(m): 7:27pm On Jul 16, 2019
stanliwise:
You no get sense at all o. shey you know?
Like your dad abi?

1 Like

Re: Seyi Makinde's N48bn Assets: Explain Source Of Your Wealth - APC Tells Governor by flowx(m): 7:28pm On Jul 16, 2019
post=80329068:

#50,000,000,000.
FIFTY BILLION NAIRA!!!

And he never told the people he governs how he made or came across such money!?

Matters arising.......
Oyo State indigenes, over to you.
Wishing you all the best for the next 4 years!


It is always good and refreshing to see that we still have some reasonable and sensible youths around here on this forum.
With young men like you, there is still hope for our nation.
You are giving us hope for a better future.

You have passed your points acrossed.
Remain blessed.
N48b and N50b are difference numbers entirely. Why are you lying?
Re: Seyi Makinde's N48bn Assets: Explain Source Of Your Wealth - APC Tells Governor by Angelfrost(m): 7:29pm On Jul 16, 2019
Well... Since the state now has a "self-made billionaire", there should be no such thing as delays in salary payments, award/execution of contracts, job and wealth creation, etc...

He should do and become Nigerian president... If America can get a "self-made billionaire" as president, an African country should follow suit... "MAKE NIGERIA GREAT AGAIN"... grin
Re: Seyi Makinde's N48bn Assets: Explain Source Of Your Wealth - APC Tells Governor by Odisweet(f): 7:32pm On Jul 16, 2019
lol....
e pain dem say he declare him asset....
my love 4 diz man just increased with his asset declaration
transparent governor ride on
Re: Seyi Makinde's N48bn Assets: Explain Source Of Your Wealth - APC Tells Governor by Nobody: 7:34pm On Jul 16, 2019
doctokwus:
That is a very relevant and apt question,in a society of course that is sane and same rules,laws and regulations apply to all.
But of course,this is no sane place.
Much as we would pretend to be civilized country and people,we live in a jungle.
So Makinde and others of his ilk,from both parties,can come out and declare superfluous wealth without stating the sources and details of the wealth.
It could all be anticipatory wealth from what he will garner as governor,for all we know.
then the guy is intelligent, and we hope he do well, not picking holes .
Re: Seyi Makinde's N48bn Assets: Explain Source Of Your Wealth - APC Tells Governor by TemmyT002(m): 7:41pm On Jul 16, 2019
Oh boy, people get money for this country on.
Re: Seyi Makinde's N48bn Assets: Explain Source Of Your Wealth - APC Tells Governor by stanliwise(m): 7:42pm On Jul 16, 2019
jodeci:
Like your dad abi?
Like your Mom abi?
Re: Seyi Makinde's N48bn Assets: Explain Source Of Your Wealth - APC Tells Governor by jattopeter(m): 7:50pm On Jul 16, 2019
doctokwus:
That is a very relevant and apt question,in a society of course that is sane and same rules,laws and regulations apply to all.
But of course,this is no sane place.
Much as we would pretend to be civilized country and people,we live in a jungle.
So Makinde and others of his ilk,from both parties,can come out and declare superfluous wealth without stating the sources and details of the wealth.
It could all be anticipatory wealth from what he will garner as governor,for all we know.
our nation is blessed to have somebody like you who reason beyond mere politics... that means dr is still hope for us with ur likes. at time I see comments from our so called youth , that I had to weep bitterly for the future of this nation.
that's a looting strategy that most politicians use for us , so that, after 4 years he won't be much judged.
Re: Seyi Makinde's N48bn Assets: Explain Source Of Your Wealth - APC Tells Governor by saajus: 7:50pm On Jul 16, 2019
Hedonini:


Lazy quasi-socialistic plebeian. Don't go and dream big and hustle. Stay there and be fantisizing about how government would seize the private wealth of successful people and share it among misfortunates like you.

You are a typical black man. That's why Africa is not growing. Everybody is just looking after themselves. Misfortunates you said? People like you see those Al-majiris, beggars, unemployed youths misfortunates, I see them as a product of our collective failures. Those so called Misfortunates you refuse to share your wealth with today will kill your children in future.
Re: Seyi Makinde's N48bn Assets: Explain Source Of Your Wealth - APC Tells Governor by Newboss(m): 8:17pm On Jul 16, 2019
BigIyanga:

Wrong idea. I mentioned his foreign deposit. Naira is very unstable because of forex volatility.
All billionaires in this world have more illiquid. Assets. Bill Gates, Mack Zuckerberg, Trump etal have more illiquid than liquid assets because they can be diversified and borrowed against.. Good companies keep their liquidity to the barest minimum. Jay-Z as a new billionaire, only has less than 10% of net worth in cash.

You have no idea how much sits in their bank accounts at every point in time. They have enough sense to know how easily they could lose those assets, hence they transfer such risks to bankers and go to sleep.

If the cash is not in your account, you don't have it. Cash is security, especially in well established banks.

1 Like

Re: Seyi Makinde's N48bn Assets: Explain Source Of Your Wealth - APC Tells Governor by Borderless: 8:17pm On Jul 16, 2019
Tolexander:
APC could have also told Tinubu to tell us the source of his wealth

Re: Seyi Makinde's N48bn Assets: Explain Source Of Your Wealth - APC Tells Governor by laudate: 8:18pm On Jul 16, 2019
jodeci:
Idiots do not know the magnitude of projects MAKON engineering handles for shell and other IOCs
Don't mind them. sad His company also sells and services gas turbines, within Nigeria and across the whole of West Africa. Those gas turbines costs millions of naira.

He also owns a gas company. In fact, the projects and assets of his company are not hidden. Those companies also have offices in the US, South Africa etc. undecided

Macnnoli4:
I thought he stated that he had an oil logistics engineering company with 3 international branches and 5 subsidiaries. Do these guys read at all

Read, ké? shocked You want them to develop headache? When it comes to research and in depth analysis, our people would rather jettison such things and dwell in the realm of gossip and conjecture. angry

4 Likes

Re: Seyi Makinde's N48bn Assets: Explain Source Of Your Wealth - APC Tells Governor by KunAviero(m): 8:26pm On Jul 16, 2019
johnlvis:
Let your president and vice declare theirs also .Stupid and senseless set of peopUle.
Our President and Vice

1 Like

Re: Seyi Makinde's N48bn Assets: Explain Source Of Your Wealth - APC Tells Governor by BigIyanga: 8:33pm On Jul 16, 2019
Newboss:


You have no idea how much sits in their bank accounts at every point in time. They have enough sense to know how easily they could lose those assets, hence they transfer such risks to bankers and go to sleep.

If the cash is not in your account, you don't have it. Cash is security, especially in well established banks.
This discourse is above your intellectual grade. Those billionaires do SEC filling and IRS tax returns every year unlike in jungle land-Nigeria.
Naija politrckians stash cash while genuine wealthy people dont, cos it’s fluid and does not earn much interest.

2 Likes

Re: Seyi Makinde's N48bn Assets: Explain Source Of Your Wealth - APC Tells Governor by parrot123: 8:58pm On Jul 16, 2019
Na your papa or mama he take do juju abi.
Re: Seyi Makinde's N48bn Assets: Explain Source Of Your Wealth - APC Tells Governor by waldigit: 9:20pm On Jul 16, 2019
happney65:
The Oyo State Chapter of All Progressives Congress has urged Governor Seyi Makinde to explain the source of his N48bn asset made public on Monday.

The state chairman of the party, Mr. Akin Oke, said this in a telephone interview with the News Agency of Nigeria in Iseyin on Tuesday.

“I don’t think I want to make comment on the issue, since I have no idea, but it raises a number of issues.



“He just declared what he has; how he came about the asset is not there,” Oke said.

The party leader said it would be too early to assess Makinde’s performance as governor, since he has so far spent just a few weeks in office.

“Going by my experience and exposure , I think it is too early to honestly assess a governor just after a few weeks office. I would rather wait till after 100 days or even after six months.

“To start assessing people after six weeks in office will be so unfair if one wants to be honest to his conscience,” he said.

https://punchng.com/n48bn-assets-explain-source-of-your-wealth-apc-tells-seyi-makinde/?fbclid=IwAR011PIsF-y-LyDkbGKDxsGf7RjcDszY7ZTk1OyqQaFxGYsIiWat-mXCXO0


Island of prosperity in the mist of ocean of poverty,
Re: Seyi Makinde's N48bn Assets: Explain Source Of Your Wealth - APC Tells Governor by Justiceleague1: 9:32pm On Jul 16, 2019
post=80329068:

#50,000,000,000.
FIFTY BILLION NAIRA!!!

And he never told the people he governs how he made or came across such money!?

Matters arising.......
Oyo State indigenes, over to you.
Wishing you all the best for the next 4 years!


It is always good and refreshing to see that we still have some reasonable and sensible youths around here on this forum.
With young men like you, there is still hope for our nation.
You are giving us hope for a better future.

You have passed your points acrossed.
Remain blessed.

Always mental

grin

1 Share

Re: Seyi Makinde's N48bn Assets: Explain Source Of Your Wealth - APC Tells Governor by waldigit: 9:32pm On Jul 16, 2019
yesloaded:

This is why I laughed when one boy with empty head attacked my post yesterday.

Someone who started handling great projects for shell when he's still under 30yrs of age grin

Even owners of these betting companies littered across the country had billions in their account, not fallacy but facts

Yes it is possible but only in Nigeria. Is it not the same oil companies that finds difficult to settle their host communities! We are novice in projects. Such stupendous wealth wouldn't have been a surprise if someone had told me he is holder of patient of oil industry unique high technology, that is what is obtainable in saner clime
Re: Seyi Makinde's N48bn Assets: Explain Source Of Your Wealth - APC Tells Governor by asanwafo: 9:36pm On Jul 16, 2019
BishopMagic:
Useless idiots
This one is in pain.Another lootocrat spotted
Re: Seyi Makinde's N48bn Assets: Explain Source Of Your Wealth - APC Tells Governor by asanwafo: 9:37pm On Jul 16, 2019
johnlvis:
Let your president and vice declare theirs also .Stupid and senseless set of people.
Another lootocrat wailing
Re: Seyi Makinde's N48bn Assets: Explain Source Of Your Wealth - APC Tells Governor by BishopMagic: 9:37pm On Jul 16, 2019

1 Like

Re: Seyi Makinde's N48bn Assets: Explain Source Of Your Wealth - APC Tells Governor by asanwafo: 9:38pm On Jul 16, 2019
doctokwus:
That is a very relevant and apt question,in a society of course that is sane and same rules,laws and regulations apply to all.
But of course,this is no sane place.
Much as we would pretend to be civilized country and people,we live in a jungle.
So Makinde and others of his ilk,from both parties,can come out and declare superfluous wealth without stating the sources and details of the wealth.
It could all be anticipatory wealth from what he will garner as governor,for all we know.
gbamsolutely
Re: Seyi Makinde's N48bn Assets: Explain Source Of Your Wealth - APC Tells Governor by useurkidney3121: 9:58pm On Jul 16, 2019
Amen

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