Vice President Jonathan Bows To Pressure, Declares N.2Billion In Assets
VP Goodluck Jonathan The Vice president Goodluck Jonathan yesterday capitulated to public pressure over the public declaration of his assets as done by his boss, President Umaru Yaradua as he made public his assets declaration to the Code of Conduct Bureau.
The assets which were made public by the senior Special Assistant to the Vice president on Media and Public Affairs, Ima Niboro indicates that the value of the Vice president total assets and cash in banks stands at N295,304,420.
This is about N561, 148,472 less than the assets declare by President Umaru Yar’Adua who declared his total assets to be at the value of N856,452,892.
Mr. Iniboro said the vice president’s decision to make public his assets declaration was to show that ‘there is nothing to hide’.
He added that the vice president is ‘a firm believer in the rule of law and this has guided his conduct in office through the years.
“It is this belief that also guided his position that having declared his assets for a total of seven times, there was no point in going further to publish the declaration” he noted
The vice president’s aide regretted that the position of the vice president not to make public his assets declaration had ‘generated an unfortunate storm, which is not only distractive but also quite unnecessary. We are worried that some newspapers and citizens we hold in high esteem have joined the fray.
“This merely shows that in the affairs of man, there comes a time when even the law must take a second place and the public mood must define our actions. To The Vice president, this is such a time, hence the choice to send you a copy of his declaration for publication” he said.
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In the assets declaration made public yesterday, it indicated that the vice president submitted his assets declaration before Justice Muktar Dodo of the Abuja high court on 30th May 2007, a day after the oath of office and oath of allegiance was administered on him.
A break down of the assets of the vice president indicates that he has four buildings located in Yenegoa, Abuja and his home town in Ogbia, Bayelsa state.
The Vice president said he owns a five bedroom Duplex in Gwarimpa 11, Abuja which was acquired in 2003 through loan and is valued at N24,990,000 while another Seven Bedroom Duplex, which he described as Village personal Home is located at Otuoke in Ogbia Local government area of Bayelsa state. It is valued at the cost of N18,000, 000 and was acquired through ‘savings and gifts in Kind.
The last of the Vice president’s residential buildings are the Four bedroom Duplex acquired in 2003 through ‘savings and gift in Kind’ in the Kpansia area of Yenegoa. The value of the building, he said is N15,000,000. The last Building is the extended Family house in Yenegoa which he said is a four flat storey Building acquired between 2003 and 2007 through savings. The value of the property is put at N10,000,000.
Under vacant and undeveloped plots, the vice president stated as follows: 1032.50 square meter of land located at Onopa Yenegoa and valued at N3,098.00. Plot 2C, 374 Low density Area Yenegoa allocated by the bayelsa state government and valued at N150,000. 2760.00 square meter plot at cadastral Zone BO2, Durumi, Abuja allocated by the federal Capital Development Authority and valued at N5,578,540. One Parcel of farm Land at Otuoke Ogbia acquired through inheritance and estimated at the value of N50,000,000.
Plot Medium Density in Yenegoa allocated by the Federal Ministry of Works and housing the value of which he said is N1550.00
Plot 29, Low density Area Plot in Yenegoa allocated by the Bayelsa state government the value of which is put at N4,908. While the last undeveloped plot owned by the vice president is plot 2246 Cadastral Zone A06, Abuja the value of which he put at N4, 800,000. It was allocated by the Federal Capital development Authority, FCDA
The Vice president’s investment in stocks which is being managed by City Code Investment Company is as follows.
S/No Name of Stock Number Of Shares Value As At 5/25/07 1 CADBURY PLC 8,666 N264,313 2 FLOUR MILLS PLC 8,466 N635,119.32 3 GUINESS NIG. PLC 6,395 N796,177.50 4 UNILEVER 18,750 N337,500 5 UNION BANK OF NIG. PLC 23,466 N727,446 6 FIDELITY BANK PLC 33,333 N296,663.70 7 UBA PLC 180,000 N6,838,200 8 ACCESS BANK PLC 84,656 N1,635,553.92 9 CADBURY PLC 2,500 N76,250 10 UNION BANK PLC 716,109 N22,199,379 11 FIRST BANK PLC 20,000 N808,000 12 FLOUR MILLS PLC 13,333 N1,000,241.66 13 NIGERIAN BREWERIES PLC 10,000 N363,000 14 BANK PHB PLC 866,666 N24,959,980.80 15 OANDO 15,125 N1,134,375 TOTAL 2,007,465 N62,072,200 Other investments include 4nos passenger boats for hiring which is valued at N5, 260,000. While the total cash in Nigerian banks being personal saving of salaries/allowances and income from his investments stands at N58, 984,123.
The vice president house holds utensils including generators, a BMW car valued at N15, 800,000, which he said was a gift; air conditioners, furniture, electronics and kitchen utensils is valued at N41,800,000.
A former Governor of Kogi State, Abubakar Audu, has emerged candidate of the All Progressives Congress, APC, in the state governorship election slated for Nov. 21.
Mr. Audu is being prosecuted by the anti-graft agency, EFCC, of misappropriating N11 billion of the state’s funds while he was governor between 1999 and 2003. At the trial of the corruption case on March 4, the EFCC also accused Mr. Audu of ordering one of his aides to assault Haruna Ashade, an EFCC operative, for daring to take his photograph in court
However, on Sunday Mr. Audu emerged winner of the APC governorship primary which was held in Lokoja between Saturday evening and Sunday morning. He polled 1, 109 votes to beat his closest rival, Yahaya Bello, who scored 703 votes. A former Senator, Nurudeen Abatemi, scored 400 votes to place third . Another aspirant, Sanusi Abubakar, scored 309 votes, while Hadiza Ibrahim, the only female among the 28 aspirants, scored four votes.
Out of the 3,548 delegates, 3,044 were accredited by the Electoral Panel, while 29 votes were declared invalid.
Gov. Nasir El-Rufai of Kaduna State, the Chairman of the Electoral Panel, commended the aspirants for their maturity and commitment to the ideals of the party. Mr. El-Rufai urged Mr. Audu and other contenders to quickly close ranks and work together to ensure the victory of the party in the coming election.
Metuh said, “We have no candidate for the office of the Senate President, because we have a fit person occupying the position for now.
“We are behind him and we can’t abandon him just because he is undergoing trial. Anybody can be put on trial, but the question we should ask is whether the trial is political or not.
“Does the trial have merit? When we see the merit of the case, we will take position. But for now, there is nothing like that.”
This is WRONG communication.
Metuh should have made NO reference to Saraki whatsoever. He should simply have said PDP believes in the Rule of Law and any ALLEGATION remains that until proven and adjudged in a court of law after fair trial. Then anyone can INTERPRET as they wish.
kimond101: Corruption is the root of all evils in this country. If he tackles it well he can address other issues to the best of his ability
ILLITERACY is the root of all evils in this country. Give people meaningful education and see how the society changes for better and corruption is SYSTEMATICALLY reduced by the INFORMED masses instead of waiting for an individual know-all, do-all messiah. Unfortunately Buhari is INCAPABLE of dealing with this major issue.
tsdarkside: dont you apreciate that criminals are held accountable now??...what do you want..
Are you JOKING
.if a house is completly messed up,you have to start somewere cleaning the house.......16years and the same rubbish,even much worse than in milltary rulership......
Goke7: Stop lying, Jonathan destroyed our economy with all the dollars he was sharing for his reelection, JP Morgan first warned Nigeria in January, u guys are just so pathetic trying to incite Nigerians against buhari but u keep failing
Why do you guys like telling LIES just as if na the carbon dioxide wey una dey breathe comot after breathing in oxygen Was it not Buhari's errand boy, the Judas of the tribe of Ubima who was doling out $$$$$$$$$$$$$$ everywhere at the APC convention for your messiah to win his party's nomination?
Dollarization Of The APC Primaries: How Amaehi Vanquished Atiku #saibuhari
The blogosphere was inundated with reports of the excessive sharing of dollars at the All Progressives Congress which took place during the latter part of last week.
One APC supporter and Special Adviser to Osun Governor on Environment, BolaIlori had blown the scandal open after he saw the beginning stages of the dollarization in action.
He took to his Facebook page and scribbled, “Crazy things are happening here!!! Some of these cannot represent the change Nigeria is yearning for. Excessive dollarization by one of the aspirants to is to say the least obscene. I have been involved in political process for decades now, I have never witnessed this volume of raw dollarization of party primaries. I only read about this kind of things in PDP primaries. A question been asked by conscientious delegates is that whoever can be giving out between $2000 to $5000 to…delegates certainly does not represent the kind of change Nigerians want…those who contributed to the pauperization of Nigeria now revel in dollarization… majority of Ondo delegates are still standing with Buhari but have been reduced from 85% to 70% within 24 hours…the remaining has gone with dollars ooo.!!!!!”
One has to wonder how Buhari was able to win the primaries in this era of stomach infrastructure where dollars are like the Biblical manna that God sent down from heaven to nourish the Israelites as they made their way to the promised land.
Sources close to the APC with knowledge of the way the Primaries unfolded have revealed that it was Rivers State Governor, Amaechi who flew back to Rivers State and returned to Lagos on Thursday morning with enough dollars to make Benjamin Franklin blush.
It has been revealed that Atiku offered the delegates $5000 each, but Amaechi doubled it to $10000 a pop. Thus turning the tables in favour of General Buhari.
Since his adventure into the APC, Amaechi has gone out of his way to prove himself a party loyalist, always the first to shoki or azonto at the many events the APC holds, which he himself is usually the chief sponsor.
According to party insiders, Amaechi has overtaken Tinubu as the major financier of the party. One does not need to wonder why he is always at President Jonathan’s throat over misappropriated oil wells or other such business. Anything that diminishes from the State’s coffers will have a ripple effect on his funding budget for the APC.
Goke7: You guys should stop being silly, if the fed govt does not pay subsidy, you all will be here saying that buhari wants to continue the suffering of Nigerians,
Can you show us where anyone put a gun to the head of your Sai Baba to make the promise knowing he had NO intention of fulfilling such How do you rate that on the integrity scale of 0-10?
onatisi: it is not a welcomed development. gej wanted to stop fuel subsidy and if apc and Nigerian had allowed him to,government will not be spending 844million every single 24hrs .do you know how much that amounts to in a year and the kind of development projects that amount of money can accomplish.it is just a matter of time before buhari stops it all then the price of fuel will be decided by market forces of demand and supply
Don't mind our people o jare. Let me refresh our memory small.
semasir: Hi, you can join www.badagryforum.com and make your inputs there to promote Badagry and also give insights. It's a forum dedicated to Badagry.
InvertedHammer: / I know a lot of Nigerians are expecting God to come down and fix Nigeria. It is not going to work.
Every work goes through a process. A journey of a thousand miles starts with a step.
A building must start from foundation, and takes one block at a time.
There are many things wrong in Nigeria, but doing nothing or playing an ostritch like Jonathan did is worse.
I comment not as a PDP or APC member. As stated earlier, I don't even know what a voter's card look like./
I am very happy that you recognise that expecting a do-all, know-all messiah to fix our country on our behalf is not going to happen. Can I take it you mean everyone has to get on board through various institutions of government, which ultimately is about all of us.
My respect for Jonathan is that he allowed our INDEPENDENT democratic institutions to grow, compared to his predecessors, such that we all can take up more role and responsibility in how we are governed. This is what many mistook for weakness. Nevertheless data from credible observers show that his focus on SYSTEMS rather than Ad-hoc media friendly noisy interventions paid off even in corruption as reported by Transparency International.
UnknownT: As a civil engineering graduate, i have always regretted why i didnt learn Masonry or Tile fixing while in school. These guys with their skills are making it 'each' time they have job.
Most of us do not systematically undertake a risk-return and value-for-money/time analysis for ALL decisions we make hence we shortchange ourselves. Sad!
A person from a not-so-rich background who has delays in getting admission to university is better off learning a skill PROFESSIONALLY to become excellent in it and may decide to undertake further studies related thereto in future.
MizMyColi: I remember a certain thread where you made very puerile and vile remarks against barcanista, unprovoked. I can provide the contents if you so wish. Stop trying to bathe your hypocrisy in wax. You come off as a wolf in sheep clothing.