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Nigeria's president honours promise to declare assets


Muhammadu Buhari declares assets in bid to promote transparency in country ravaged by incessant corruption.

Buhari, a 72-year-old former military ruler, owed his March election victory in large part to his campaign promise to fight corruption [AP]
Buhari, a 72-year-old former military ruler, owed his March election victory in large part to his campaign promise to fight corruption
Nigerian President Muhammadu Buhari owns five homes, two mud huts and has $150,000 in his bank account, the presidency said, as the head of state and his deputy honoured a promise to declare their assets to demonstrate transparency.
Garba Shehu, Buhari's spokesman, said on Thursday that documents submitted by the president to the Code of Conduct Bureau (CCB) showed that Buhari owned shares in Berger Paints, Union Bank and Skye Bank.
The papers also revealed that Buhari also has an orchard, a ranch and farmland on which he keeps 270 head of cattle, 25 sheep, five horses and various birds, Reuters news agency reported.
"The documents submitted to the CCB ... show that prior to being sworn in on May 29, President Buhari had less than 30 million naira ($150,000) to his name," said Shehu, noting that the president had only one bank account.

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