HomeHow President Buhari Ignored...

How President Buhari Ignored Transition Committee’s Recommendation To Declare Assets

President Muhammadu Buhari has ignored the recommendation of his transition committee to publicly declare his assets immediately after assuming office, PREMIUM TIMES reports..

As part of quick wins for the administration, the Ahmed Joda-led committee recommended that the President should immediately after assumption of office declare his assets publicly.

It also recommended prompt prosecution of pending cases and the publication of the audited financial statements of the Federal Government.

Other recommendations include the recovery of stolen funds, review and reforms in government waivers and tax exemptions as well as non-conviction based forfeiture by legislations.

But more than a month after he was sworn in, Mr. Buhari has not made his assets and so is his Vice, Yemi Osinbajo.

The President’s refusal to disclose the report of his asset declaration is a clear negation of the promise of his party, the All Progressives Congress, that unlike former President Goodluck Jonathan, their presidential candidate, Mr. Buhari would publish his assets if elected into office.

While campaigning across the country, the APC had assured Nigerians that Mr. Buhari would publicly declare his assets and liabilities immediately after assumption of office.

“General Muhammadu Buhari believes sincerely that no matter how vast our resources, if they are not efficiently utilized, they will only benefit a privileged few, leaving the majority in abject poverty. This he wants to avoid by all lawful means,” a member of the party’s presidential campaign council, Osita Okechukwu, had said during a pro-Buhari road show in Enugu.

“To achieve this he publicly will declare his assets and liabilities and encourage his political appointees to follow suit immediately he is sworn-in.”
Two days after he was sworn in as president and Commander in-Chief of the Armed Forces of Nigeria, the Socio-Economic Rights and Accountability Project, SERAP, urged him and Mr. Osinbajo to promptly make public the details of their declared assets.
The group said the public declaration of their assets would be consistent with Messrs Buhari and Osinbajo’s anti-corruption credentials and their promises to the electorate.

The request was made immediately after the two leaders declared their assets to the Code of Conduct Bureau as required by the Constitution.

“We welcome the official declaration of assets by the president and the vice-president. This clearly complies with the requirements of the Nigerian Constitution as contained in Chapter 6 Section 140,” the group stated.
“However, the declaration before the Code of Conduct alone falls far short of the commitment to publicly declare their assets.

“SERAP recalls that the president said before the election that he would publicly declare his assets and liabilities, and encourage all his appointees to publicly declare their assets and liabilities as a pre-condition for appointment.

“We now expect the president to fulfill this promise to the Nigerian people.
“We trust that the president and vice-president will move swiftly to publicly declare their assets and to publish widely the information on a dedicated website.’’

Reacting to the request and others made by Nigerians from all walks of life, the Senior Special Assistant on Media and Publicity to the President, Garba Shehu, on June 6, assured that Mr. Buhari would make the report of his asset declaration public.

“President Muhammadu Buhari has said that in fulfillment of one of their campaign promises, his declared assets and those of Vice President Yemi Osinbajo will be released to the public upon the completion of their verification by the Code of Conduct Bureau,” Mr. Shehu said.

“It is hoped that this process will be completed before the expiry of the 100-day deadline within which they said they would do this.”

He noted that the duly completed forms by both the President and the Vice President were submitted to the Code of Conduct Bureau on March 28th, a day before their inauguration.

Mr. Shehu said his press statement on the matter became necessary to clarify some insinuations that the President and the Vice-President may not, after all, declare their assets publicly.

“While such public display of concern is appreciated and valued, it must be said that it is a little precipitate.

“As required by law, the declaration and submission of documents to the CCB have been made, but there still remains the aspect of verification which the Bureau will have to conduct to authenticate the submissions made to it.

“In the circumstances, it is only after this verification exercise, and not before, that the declaration can be said to have been made and validated; and only after this, will the details be released to the public.

“There is no question at all that the President and the Vice President are committed to public declaration of their assets within the 100 days that they pledged during the presidential campaign.”

But Mr. Buhari’s transition committee believed it was more ideal for the president to publicly declare his asset immediately he assumed office, an advice Mr. Buhari spurned.

- A word from our sponsors -

spot_img

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

Cheta Nwanze: Failed visa Marriages

by Cheta Nwanze The 1990 film Green Card told a relatively innocent...

Digital Marketing for Attorneys

In the competitive landscape of legal services, personal injury and medical...

- A word from our sponsors -

spot_img

Read Now

“No Victor, No Vanquished” — Angbazo calls for unity after Nasarawa ADC Governorship Primary win

LAFIA — Retired General Nuhu Angbazo has emerged victorious from the Africa Democratic Congress, ADC, governorship primaries in Nasarawa State, calling on all party faithful to sheathe their swords and rally behind a common vision for the state's development. In a press statement issued shortly after his victory...

Lazarus Angbazo: The Countries that will lead the AI Economy are being decided right Now — By Their PowerGrids

Nigeria has enough installed generation to power a mid-sized country. The grid delivers less than half of it. Around the world, the race to build AI-ready power infrastructure is already underway — and the decisions African governments and investors make in the next eighteen months will determine...

Cheta Nwanze: Failed visa Marriages

by Cheta Nwanze The 1990 film Green Card told a relatively innocent story: a French immigrant and an American woman enter a marriage of convenience so he can stay in the US. They barely know each other. They hope never to see each other again after the deal...

Digital Marketing for Attorneys

In the competitive landscape of legal services, personal injury and medical malpractice attorneys are finding themselves overshadowed by competitors who dominate online visibility. The root of this issue lies in the digital presence that many firms lack. While traditional word-of-mouth referrals still hold value, the digital age...

Lazarus Angbazo: The global power industry is leaving Africa behind

 Dr. Lazarus AngbazoThe nascent AI revolution is not just driving electricity consumption and massive demand for additional capacity—it is reshaping how power is built, maintained, and delivered. For Africa, the real risk is no longer just insufficient capacity—it is also losing control and ability to manage the capacity it...

Bunmi Onabanjo-Kuku: The first thing you feel when you land in Nigeria

By Bunmi Onabanjo-Kuku The first thing you feel when you land in a country is not its culture, not its cuisine, not its people. It is its airport. That threshold, the space between the jet bridge and the city beyond, tells you everything a nation believes about itself...

Dr. Lazarus Angbazo: Why a fractured world strengthens the case for African Infrastructure

How inflation, energy insecurity, power scarcity, and geopolitical fragmentation are reshaping the risk-return case for African infrastructure By Dr. Lazarus Angbazo At a recent global infrastructure summit, the prevailing mood among institutional investors was unmistakable. Faced with surging capital requirements for energy transition, grid expansion, and digital infrastructure in Europe and...

Aliko Dangote to launch what could become Africa’s largest initial public offering to raise $5 billion from investors

Nigeria’s biggest local investor, Aliko Dangote, is moving ahead with plans to launch what could become Africa’s largest initial public offering, as Dangote Petroleum Refinery & Petrochemicals prepares to raise up to $5 billion from investors. The share sale is expected to open as early as May, with...

Criminal networks have turned Nigeria’s telecom towers into open-air warehouses for theft, looting

Criminal networks have turned Nigeria’s telecom towers into open-air warehouses for theft, looting 656 critical power assets across 14 states in 2025 alone and keeping up the pace in early 2026. The Nigerian Communications Commission (NCC) data showed the haul included 152 generators and 504 batteries stolen from...

Paul Yirenkyi: A call for Caution Needed, President Tinubu and the INEC-ADC Crisis

I have seen enough cycles of tension and resolution to recognise when restraint must prevail over confrontation. The current standoff between the Independent National Electoral Commission (INEC) and the African Democratic Congress (ADC) is one such moment. In early April 2026, INEC withdrew recognition of the Senator...

Nigeria’s opposition landscape appears increasingly fractured, disorganised and strategically weakened

10 months until the 2027 general elections, Nigeria’s opposition landscape appears increasingly fractured, disorganised and strategically weakened. Although no fewer than 21 political parties have been registered by the Independent National Electoral Commission (INEC) to participate in the polls, developments within the parties, including internal crises, litigations and other destabilising factors, may...

Power shortages weaken Nigeria’s business activity 

Nigeria’s business environment continued to expand in March 2026 but slowed as rising input costs and power supply deficits weighed on performance, according to the latest Business Confidence Monitor (BCM) report by the Nigerian Economic Summit Group (NESG). The report indicates that the Current Business Performance Index declined...