Monday 7 September 2015

Here’s How Goodluck Jonathan Publicly Declared His Assets


In the assets declaration made public, it indicated that Jonathan submitted his assets declaration before Justice Muktar Dodo of the Abuja High Court on the 30th of May 2007, a day after the oath of office and oath of allegiance was administered on him.

A breakdown of Jonathan’s assets indicated that he had four buildings located in Yenegoa, Abuja, and his home town in Bayelsa.
Dr. Jonathan said he owns a five bedroom duplex in Gwarimpa II, Abuja which was acquired in 2003 through loan and is valued at N24,990,000 while another seven bedroom duplex, which he described as village personal home is located at Otuoke in Ogbia Local Government Area of Bayelsa state. It was valued at the cost of N18,000,000 and was acquired through savings and gifts in kind.
The last of the Jonathan’s residential buildings are the four bedroom duplex acquired in 2003 through savings and gift in kind in the Kpansia area of Yenegoa. The value of the building, he said was N15,000,000. The last building is the extended family house in Yenegoa which he said is a four flat storey building acquired between 2003 and 2007 through savings. The value of the property is put at N10,000,000.
Under vacant and undeveloped plots, Jonathan stated as follows: 1032.50 square meter of land located at Onopa Yenegoa and valued at N3,098,000.00. Plot 2C, 374 low density area, Yenegoa, allocated by the Bayelsa State Government and valued at N150,000. 2760.00 square meter plot at Cadastral Zone BO2, Durumi, Abuja allocated by the Federal Capital Development Authority and valued at N5,578,540.
One parcel of farm land at Otuoke, Ogbia acquired through inheritance and estimated at the value of N50,000,000.
A plot at the Medium Density Area in Yenegoa allocated by the Federal Ministry of Works and Housing, the value of which he said is N1,550,000.00. Plot 29, low density Area Plot in Yenegoa allocated by the Bayelsa State Government the value of which is put at N4,908,000. While the last undeveloped plot owned by the vice president is plot 2246 Cadastral Zone A06, Abuja the value of which he put at N4,800,000. It was allocated by the Federal Capital Development Authority, FCDA.
Jonathan’s investment in stocks which was being managed by City Code Investment Company are as follows:

S/No Name of Stock Number Of Shares Value As At 5/25/07
1. CADBURY PLC 8,666 N264,313
2. FLOUR MILLS PLC 8,466 N635,119.32
3. GUINESS NIG. PLC 6,395 N796,177.50
4. UNILEVER 18,750 N337,500
5. UNION BANK OF NIG. PLC 23,466 N727,446
6. FIDELITY BANK PLC 33,333 N296,663.70
7. UBA PLC 180,000 N6,838,200
8. ACCESS BANK PLC 84,656 N1,635,553.92
9. CADBURY PLC 2,500 N76,250
10. UNION BANK PLC 716,109 N22,199,379
11. FIRST BANK PLC 20,000 N808,000
12. FLOUR MILLS PLC 13,333 N1,000,241.66
13. NIGERIAN BREWERIES PLC 10,000 N363,000
14. BANK PHB PLC 866,666 N24,959,980.80
15. OANDO 15,125 N1,134,375
TOTAL= 2,007,465 N62,072,200

Other investments include 4 nos passenger boats for hiring which was valued at N5,260,000. While the total cash in Nigerian banks being personal saving of salaries/allowances and income from his investments stood at N58,984,123.
Jonathan’s household utensils including generators, a BMW car valued at N15,800,000, which he said was a gift; air conditioners, furniture, electronics and kitchen utensils are valued at N41,800,000.

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