Yaradua was a lecturer and later a politician.Where on earth did he get N850 million naira that he declared as his assert?I think we should start probing him form there before it gets too late.

Abeg, help me ask him. Mikel Gobachev was president of USSR. when he left office he took a lecturing job in other to survive. But in Naija here, haba, even a local govt helmsman will declare asset of 100m after 4 years in office.
Ewoo ! God help us.

@redsun

you keep skipping the part that says after lecturing, he was a businessman and member of the board of directors of some businesses before going into politics.

Abi did the man just jump from classroom to governor's lodge?

declaring assest is one part, which is really nothing!

The most important part, which is not done and will not be done; validating!

The interest from Katsina's money he saved.

Who valued the assets?

The man invested his governorship salary in e-gold and forex.

The man gathered his 8 years salary, approximately N16 million and invested in e-gold. At an investment-return rate of N5,000- N250,000. He invested N16 million and got N850 million.

Validate that and see.

give the man a break. if you looked critically at the asset declaration, you would not have asked this rediculous question. you also need to take he's (Yar'Adua's) antecedents into consideration. he's grand father was already prominent pre-independent Nigeria. his father maintained the same prominence. his direct and indirect inheritances could have formed his foundation. Now, a huge chunk of he's assets were declared as property, some of which was given to him by the federal govt before he became a governor. his family house in katsina is also amongst property valued to make up his net worth. he also threw in cash and vehicles donated to him for his campaign. for the "NOTHING GOOD CAN COME OUT OF NIGERIA' people who doubt him, thankfully none of his assets are abroad. you're free to conduct a verification yourself.

Soon Naija politicians once they get elected would start declaring their assests; future asset!

so that by the time they leave office and re-declare(or re-valued) it would balance when they just started.

to be effective;

asset should be declared and validated before you allowed to contest election

otherwise is waste of time

You're thinking futuristic when Andy Uba has already started it. Thank God he was removed. More than:

N1,000,000,000,000
=
$8,000,000,000.

You have to be a tested business man to have that kind of assert,not an academician,they don't go together,or let's assume he inherited it from his family but it has to be creadible.And something about the federal goverment giving him properties,what for,does the people owe him?

@Topic
The same place OBJ and IBB got theirs! By looting Nigeria dry! Or by selling Nigeria to the Odetolas and Dangotes!

denex:

You're thinking futuristic when Andy Uba has already started it. Thank God he was removed. More than:

N1,000,000,000,000
=
$8,000,000,000.

he he he he he! Andy Andy! The man had already calculated his earnings and profits in advance!

redsun:

You have to be a tested business man to have that kind of assert,not an academician,they don't go together,or let's assume he inherited it from his family but it has to be creadible.And something about the federal goverment giving him properties,what for,does the people owe him?

Dear Redun, if you try to understand the math, you will kill all your brain cells! Na only denex fit explain am oh! Na im e siddon here for Nairaland dey talk with paupers like us!

u better lets leave that one with him.
just thank God he said his own out himself; who has ever decleared his true asset out b4?
oh boy make we leave am with that one. the thing be say make he no steal another one again.

@MILITIA

Yes ma. You are right. You see there is this Club Freedom investment, some kind of Ponzi Program.

You invest $220 and get $8,000 + $6,000 in just a couple of months. That's an investment multiplied by 70 within a year.

So it is certain that Yar'Adua investing N12 million in 2006 will yield N850 million by early 2007.
Nigerians invest in these financial deals all the time and smile to the bank. So why not Yar'Adua?

It is just unfortunate that a lot of his assets were tied down in bonds and shares. If he had "wisely" invested the whole N150 million in Club Freedom or Egold over the years, the man would have made N10 billion each year. So today Yar'Adua would have been declaring N80 billion CASH today.

I'm even hoping Yar'Adua can invest Nigeria's $45 billion foreign reserves in FOREX TRADING, E-GOLD and CLUB FREEDOM so that by the end of the year, Nigeria can declare $3 trillion foreign reserves.

I wonder why the CBN hasn't thought of this. That stupid Soludo.

How much is N850M?

If you sell something as small as maggi cubes you can make that amount of money in one month.

Even if you make just N2.00 from every cube and in Nigeria today you have just 50M out of 140M using maggi to cook you will be making

N2.00 x 40M = N80M

And in 11 days you would have made N880M, more than what Yar'adua declared.

We must learn to look at issues critically and aspire to be successful in life.

Sometimes, I see nothing but a sense of hopelessness and impossibility in the way some of us look at issues here.

Making money is not difficult if you are honest, hardworking, dedicated and above all if you do not have blood on your hands, not the situation where the average businessman is looking for a head to donate so he can be guaranteed riches.

You can make all the money you want by providing services to people living in your area.

The average okada rider makes more money than the average banker (minus fraud).

@Afam

I say the man invested in N12 million in Club Freedom for eight months. That is enough to make him N850 million. Abi who no like better thing?

Crap! Please where are the offshore accounts and those in families names, swissbank, saudi, south africa and so on and so forth! I say crap!

MILITIA:

Crap! Please where are the offshore accounts and those in families names, swissbank, saudi, south africa and so on and so forth! I say crap!

U are very much in the spirit sista

Afam:

How much is N850M?

If you sell something as small as maggi cubes you can make that amount of money in one month.

Even if you make just N2.00 from every cube and in Nigeria today you have just 50M out of 140M using maggi to cook you will be making

N2.00 x 40M = N80M

And in 11 days you would have made N880M, more than what Yar'adua declared.

We must learn to look at issues critically and aspire to be successful in life.

Sometimes, I see nothing but a sense of hopelessness and impossibility in the way some of us look at issues here.

Making money is not difficult if you are honest, hardworking, dedicated and above all if you do not have blood on your hands, not the situation where the average businessman is looking for a head to donate so he can be guaranteed riches.

You can make all the money you want by providing services to people living in your area.

The average okada rider makes more money than the average banker (minus fraud).

Sorry but how possible is it to make N2 on 1 maggi cube? we don really see this naira finish. I beg u look at issues critically ok. An even if he did the kind of biz u just outlined above, would that be net or gross worth.
Where i am in no way saying that the man has been fraudulent as i have no evidence to suggest that, i think u should heed ur own advise and look at issues critically.

MILITIA:

Crap! Please where are the offshore accounts and those in families names, swissbank, saudi, south africa and so on and so forth! I say crap!

because Yar'adua doesn't have foreign account it is now 'crap'? haba!

the man is not even a fan of travelling around the world, his family has been based in Katsina down the years, why does he need a foreign account to satisfy you? unless he fits into your preconceived notion of the 'corrupt' or should i say 'nigerian' politician, then it is not true?

the bulk of his assets are buildings, some of it inherited, some gifts from his brothers and so on. why is it so difficult to believe it is genuine and not funded from government sources?

debosky:

because Yar'adua doesn't have foreign account it is now 'crap'? haba!

the man is not even a fan of travelling around the world, his family has been based in Katsina down the years, why does he need a foreign account to satisfy you? unless he fits into your preconceived notion of the 'corrupt' or should i say 'nigerian' politician, then it is not true?

the bulk of his assets are buildings, some of it inherited, some gifts from his brothers and so on. why is it so difficult to believe it is genuine and not funded from government sources?

Yeah right!  And I am heiress to Bill Gates Microsoft empire!   If you believe that then---- Please go and dig deeper!  All his nyariyans and abokis nko?  Why can't you vouch for your monkey mouth OBJ like you are doing for Yarry Dude now? And some say the northerners should go! You have confessed that one man from the north has clean dross on! Baba OBJ dross, you can smell across continental lines! Awon ole!

We have dug oh, but no luck!

please madam Milita, bless us with just a little out of your vast and endless knowledge of the hidden secrets of the Nigerian politicians

that we may apply our hearts to sound reasoning

debosky:

We have dug oh, but no luck!

please madam Milita, bless us with just a little out of your vast and endless knowledge of the hidden secrets of the Nigerian politicians

that we may apply our hearts to sound reasoning

Shey you are the chief digger of evidence! Where is OBJ"s own! Leave Yarry Dude alone for now! IBB own is still red hot and simmering! You need evidence for that one too?

why dig when the source of all information is right in our midst? you can simply look down on we simple minded and bless us with the knowledge

that you have, we need no more evidence, a word from your royal lips seals the discussion once and for all.

Long hisssssssssssssssssssssssssssssssssssssssssssssssssss!