President Yaradua is a Billionaire.

President Umaru Yar‘Adua on Thursday publicly declared his personal assets after about four weeks in office.

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?