Total worth of the late president was given in detail including that of his wife as at June 29, 2007 presented to the Guardian by the special adviser. In the case of buhari the story ws diff
Yar'Adua has a total assets value of N856, 452,892. These include a total of N19 million owned by the First Lady, Turai.
His total liabilities being outstanding loans secured with the
Unity Bank Plc, Imani Estate branch, Maitama,Abuja, is put at
N88,793,269.77
All the assets are as they stood as at yesterday, 28 June 2007.
The total yearly income is put at N18.7 million, while his
wife has a total yearly income of N132,000.
The release of the documents, Adeniyi said, is consistent with the President's campaign pledge.
BREAKDOWN OF ASSETS
CASH
Yar'Adau has a total of N43,702,892.43 as cash at bank, being
remuneration, savings, campaign and post-campaign
contributions lodged with the Bank PHB. Details show that
while a total of N26,602,681.00 stands as credit at the Bank
PHB, Nagogo Road , KatsinaState branch; N12,000,264.21 is in
the Apapa, Lagos State branch of the same bank.
Also, a total of N4,999,947.22 is at the head office of the bank
in Kaduna. The President declared N7.5 million as cash in
hand. This was derived from savings, campaign and post-
campaign contributions. The President declared a total of
N88,793,269.77 as his liabilities, being cash in Nigerian banks
as loans and debit at the Imani Estate, Maitama, Abuja
branch of Unity Bank Plc (formerly Intercity Bank).
These are in two accounts of N26,817,362.19 and another
N61,975,907.58.
HOUSES OWN BY YAR'ADAU
Yar'Adua also declared a total assets value of
N577,000,000 under buildings, vacant and undeveloped plots
sections. This includes the Yar'Adua family compound at
Yar'Adua Quarters in Katsina State , valued at N105,000,000.
This was acquired through inheritance in November 1997.
There is also a multi-storey building at A8 Wuse 2, Abuja
with total value of N212,000,000. The land was granted by the
Federal Government to him in 1988. Again, there is a duplex
at Malali, Kaduna State with a value of N120,000,000.
According to the President, the building, originally a three-
bedroom bungalow, was a gift from his late elder brother,
Major-General Shehu Musa Yar'Adua.
There is another seven-bedroom duplex at 2, Lema Jubril
Close valued at N90,000,000 that was built from savings in
1987. The President also declared that he has a vacant plot at
Asokoro New Layout in Abuja valued at N50,000,000. This
was granted by the Federal Government to him in 1998.
FARMS
He also declared two farms worth N25,000,000 in Katsin aState .
They include the one at Ruwan Godiya in Faskari Local
Council of Katsina State valued at N10,000,000. This was
acquired in 1982.
Another farmland and orchad is also located at Ajiwa,
Batagarawa Local Council in Katsina State and is worth
N15,000,000. It was acquired in 1993.
SHARES
Under shares, debentures and other securities in and outside Nigeria,
President Yar'Adua declared that he has 2,000,000 units of
shares of Habib Bank acquired in 1998 which is in the
process of being converted to Bank PHB ; 100,000 units of
shares of Intercity Bank Plc also in the process of conversion
to Unity Bank Plc and another 100,000 units of shares of
Muradi Hotels Limited.
VEHICLES
While disclosing that he has vehicles worth N181,250,000, the
President stated that he has 29 new cars worth N174,700,000
in both Katsina and Abuja that he described as campaign
vehicles, adding that he owns a Honda Accord car worth
N350,000 and a Mercedes Benz worth another N6,500,000.
WIFES ASSETS
The President, who went a step further to declare the assets
of his wife and First Lady, Hajiya Turai, stated that she has a
total asset of N19,000,000 made up of three local houses
worth N1,5000,000 acquired in 1998; one twin bungalow
valued at N15,000,000 located in Kofar Kaura Layout in
Katsina State acquired in 2002 and three vacant plots in
Katsina acquired in 2003 worth N2,500,000.
OTHER DISCLOSURE
He also disclosed that household furniture in Katsina that he acquired when he
was a director of Habib Bank is worth N3,000,000.
The press briefing was Adeniyi's first at the Presidential Villa
Abuja since his appointment about three weeks ago.
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