President Buhari finally declares assets

President Muhammadu Buhari and Vice President Yemi Osinbajo on Thursday, disclosed details of their assets to the Code of Conduct Bureau. According to a statement by the President’s Senior Special Assistant, Media and Publicity, Garba Shehu, the President has about N30m in his only bank account with the Union Bank Plc, while the Vice President has a balance of N94m, $900,000 and 19,000 pounds in his bank accounts.

The President had shares in Skye Bank, Berger Paints and Union Bank with a total of seven houses. This comprises of two mud houses and a standard house in his hometown, Daura; one in Kano, another in Abuja and two homes in Kaduna. While the President did not establish the exact location of an undeveloped plot of land in Port Harcourt that belongs to him, there is another plot situated in Kano.

Also belonging to the president is an orchard and a ranch in Daura with 270 heads of cattle, five horses, 25 sheep, a variety of birds and a number of pecuniary trees in them. However this statement did not reveal the worth of the landed property and other assets declared by both the President and Vice President. Although Buhari declared many cars, some of which were privately owned and the others supplied by the Federal Government when he served as Head of State, he had no foreign bank accounts or oil well.

Considering the level of expectation which Nigerians had for the ‘incoming government,’ many would argue that President Buhari’s 100 days in office was mired by delayed promises. This is because President Buhari and his party promised much during the campaign, a lot which has not even been mentioned since they assumed power. However will finally declaring his assets mend his supposed Covenant and first hundred days’ promises, or is it a little too late?

Nigerians have long had their hopes dashed by political leaders who failed to deliver on their campaign promises. Buhari will have to focus on ways to increase pace of the ‘change’ project. The success of his presidency rests on his ability to move Nigeria past the rough road of divisive corrupt leaderships and social fragmentation, into a smooth highway of unifying effective governance and peaceful societal cohabitation.

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