Politics

Former President Muhammadu Buhari’s Asset Declaration

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Former President Muhammadu Buhari has fulfilled the constitutional requirement to declare his assets, both at the start and end of his presidency.

In a gesture of transparency, he voluntarily made his assets public in June 2015, despite not being legally obligated to do so.

Assets Declared

Real Estate: Houses in Kaduna, Daura, Abuja, and Kano, as well as a plot of land in Port Harcourt, with no foreign properties.

Farms and Livestock: Farmlands in Daura with 270 cows, 25 sheep, 5 horses, and various poultry, along with economic trees and crops like maize, millet, and sorghum.

Vehicles: One Mercedes-Benz, one Toyota Land Cruiser, and two cars purchased from his savings.

Financial Assets:  Approximately N30 million in his bank account, with no foreign bank accounts, oil wells, business stakes, shares, bonds, or private company ownership.

Compliance with Asset Declaration Law
The Code of Conduct Bureau (CCB) is responsible for overseeing asset declarations in Nigeria.

According to the Constitution, public officials must declare their assets and liabilities upon assuming office and upon leaving.

Buhari’s decision to publicly disclose his assets was seen as a move towards transparency, following in the footsteps of former President Umaru Yar’Adua, who also made his asset declaration public in 2007 ².

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