President Muhammadu Buhari owns the sprawling Asokoro lakeside mansion located at number 9, Udo Udoma Street, Asokoro, Abuja, BREAKING TIMES can authoritatively report.
Investigations by our reporter on
Wednesday unveiled President Muhammadu Buhari’s hidden property situated
at a choice location in Asokoro beside an exotic lake few yards away
from the Aso Rock Presidential Villa fence.
Since his inauguration on Friday May 29,
heavy security presence has been deployed around the area surrounding
the property. BREAKING TIMES reporters at the risk of their lives
managed to take photographs of the sprawling triple-duplex property on
Wednesday.
Professional estate surveyors have valued the land on which the property sits at approximately N1.2 billion. Each of the three duplexes is valued at N300 million and this, when added to the cost of the land is approximately N2.1 billion. Also, rent from tenants on each of the three duplexes is estimated at N6 million per annum.
President Buhari’s Asokoro property has been home to a former High Commissioner of an African country to Nigeria.
The discovery of the Buhari Asokoro
mansion may have cast another huge credibility question on the modest
and anti-corruption credentials that got him elected on March 28, 2015.
It will be recalled that BREAKING TIMES
on Monday exposed details of how the new First Lady, Mrs. Aisha Buhari
wore a Cartier Baignoire Folle 18-Carat White Gold Diamond Ladies Watch
that cost £34,500 (N10, 453,000) to the presidential inauguration on May
29, 2015.
Buhari played up his modest background
while on the campaign trail, claiming he was a pastoral farmer with 150
cows who could barely afford to pay for his presidential nomination
form. More than 50 percent of Nigerians live below the international
poverty line of $1.25 per day, according to the United Nations.
In January 2015, BREAKING TIMES
uncovered the expensive lifestyle of Zahra, the fifth daughter of
President Muhammadu Buhari, an undergraduate of the University of
Surrey, United Kingdom.
The exposure of Buhari’s hidden assets
is coming at a time Nigerians have intensified calls for the new
President and Vice-President to publicly declare their assets as they
promised to do during the presidential campaign.
Buhari was appointed Chairman of
Nigeria’s Petroleum Trust Fund (PTF) during the regime of Nigeria’s late
dictator, General Sani Abacha – a period in Nigeria’s oil revenue
expenditure that has never come under any serious probe or enquiry. The
sum of N25 billion allegedly disappeared from the public treasury at the
time.
Contrasting poverty of
Nigerians living at the foot of the lake close to President Buhari’s
sprawling Asokoro mansion (Photo Credit: BREAKING TIMES)
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