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Oyo Gov. Ajimobi, declares assets

IBADAN—GOVERNOR of Oyo State, Senator Abiola Ajimobi has made good his promises to declare his assets towards running a prudent and transparent government.

It will be recalled that Governor Ajimobi, during his campaign, prayed “God to stop him from becoming governor, if he will get there and spoil the reputation of his family.”

The governor in the Assets Declaration Form for Public Officers deposed at the Registry of the State High Court, Ibadan, before Justice Ladiran Akintola, two days to his swearing-in, said he had no money in any foreign bank.
He stated in his assets declaration as made available by his Senior Special Assistant on Public Communication, Dr. Festus Adedayo, that he had cash in local banks, buildings, vehicles, business enterprises and household items.

According to him,  total cash in Nigerian banks was N292, 432, 107.00.

The governor also declared that he had “a mansion in Ibadan worth N250 million, another building in the same city worth N150 million, and one with the value of N300 million in Lagos, as well as a detached house worth N300 million in Abuja.”

He declared also a flat purchased through mortgage financing worth N450, 000 in the UK, another worth N1, 950,000, purchased through mortgage in the UK and a house worth $1,500,000 in the United States of America.

Similarly, Governor Ajimobi declared that he owns a 131 acres of farm land in a village at the Ido area of Ibadan worth N150 million, two Lagos-based companies; Grandex Nigeria Limited, worth N200 million and  Network Petroleum Nigeria Limited, worth N260 million.

Governor Ajimobi also stated that the total worth of all his vehicles was N94.25 million and household furniture, which include generating sets and electronics. These, he said, was worth N25 million.

His wife, Mrs. Florence Ajimobi, according to the form, possessed a house in Ibadan that was worth N15 million and another in Lagos worth N250 million.


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Posted by on Jul 3 2011. Filed under Headlines, Oyo, State News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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