Politics
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I’m Not Good at Making Money, I Borrowed to Build My Daura Home – President Buhari

​Five years ago, when he was 70, President Muhammadu Buhari spoke with The Sun’s Managing Director/Editor-in-Chief, Eric Osagie, in company of a correspondent, wherein he talked about his growing up days, experiences in the Army, his emergence as head of state and many more sundry issues in the polity.

The President who reportedly has a house in Abuja, one in Lagos, one in Daura and one in Kaduna, was asked of what property he has now at 70, and he said;

“You are right but am not going to read or declare with you. My assets were on record, I told some of your colleagues when they came. When Murtala/Obasanjo regime came, they made sure that certain grades of public officers must declare their assets when they assumed that office and they must declare when they were leaving. So, when I was sworn in as governor of North East, I declared my assets.”

When he was asked why he did not declare?, he said; “I declared surprisingly, even the number of my cows then. Even if they were supposed to be producing every year, but I declared them the time I was there. And when I was leaving governorship, I became petroleum minister.

“When I was leaving to go to War College, I declared my assets. I could recall General Jemibewon then, was the Adjutant-General of the Army. He rang me and said he was sending me asset declaration form, that I must fill it, sign it before I left for the United States. And I did.

“General Jemibewon is still alive. And when I became head of state eventually, I declared my assets again. So, all of us; when I say that, I mean Obasanjo downwards, those who are alive who were governors, ministers, head of states, they had declared assets.

“So, if you people are serious and interested about political officers becoming multi-billionaires, you can find out from Murtala downwards. And those of us who were not very good in making money you should pity us.”

When asked if he doesn’t like money?, he said; “Everybody likes money but I am not very good at making money. Let me put it that way. I borrowed from the banks to build the house in Daura and the one in Abuja that you mentioned and the one in Kano. The bank then was Barclays, now Union Bank.

“Kaduna State or North Central then housing scheme and the Federal Mortgage Bank for the house I am in and AIB, which was, I think, terminated by Central Bank. So, when you go through the records, you find out that the houses I built, I borrowed from there.”

Anambra man of the year award
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Damilola is a full time journalist/writer/freelancer and blogger.

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