DETAILS OF ASSETS
AT A GLANCE
(A) Cash in Nigeria Banks
- Bank PHB – N26,602,681.01
- Bank PHB – N12,000,264.21
- Bank PHB – N4,999,947.22
- UB Plc – N26,817,362.19
- UB Plc – N61,975,907.58
Sub-total – N132,396,162.21
(B) Cash in hand – N7,500,000
(C) Details of property in Nigeria
- Yar’Adua Quarters Katsina – N105m
- Multi-storey building in Abuja – N212m
- Duplex, Kaduna – N120m
- 7-Bedroom duplex in Kaduna – N90m
Sub-total – N527m
(D) Undeveloped plots –N50m
(E) Farms:
- Farm at Katsina –N10m
- Farm at Ajiwa, Katsina –N15m
Sub-total – N75m
(F) Vehicles
- Honda Accord AC 151 ABC – N350,000
- Mercedes –N6,500,000
- 29 new vehicles – 174,700,000
Sub-total – N181,550,000
(G) Household furniture –N3,000,000
(H) Details of spouse’s properties
- 3 local houses –N1,500,000
- 1 twin bungalow –15,000,000
- 3 vacant plots –N2,500,000
Sub-total – N19,000,000
(I) Investments in and outside Nigeria
- 2,000,000 units of Habib Nigeria Bank shares
- 100,000 units of Intercity Bank Plc shares
- 100,000 units – Muradi Hotels Ltd.
Total worth of assets (minus value of shares) = N945,446,162.21
I found this in The Punch Newspaper. Its good that he declared his assets, but the only thing I think he needs to do next time is to explain how he acquired this assests, Was it from his renumerations as a Lecturer?Or What do you guys think?
