Nigeria’s President Muhammadu Buhari declares assets

bmNigeria’s leader Muhammadu Buhari has declared he has $150,000 (£100,000) in his personal account, in a move aimed at promoting transparency.

The amount showed the ex-military ruler and minister of petroleum had been living a “Spartan lifestyle”, his spokesman Garba Shehu said.

The BBC’s Will Ross says the assets are loose change for Nigerian politicians but a fortune for most of the country.

Mr Buhari is the first opposition candidate to win a national election.

The former military ruler was elected in March largely on a promise to tackle corruption and insecurity.

Corruption is a major problem in Africa’s biggest economy and last month, Mr Buhari said that $150bn (£100bn) was missing from state coffers.

Buhari’s assets:

  • Five homes and two mud houses, as well as farms
  • An orchard and a ranch with 270 head of cattle,
  • 25 sheep, five horses and a variety of birds
  • Shares in three firms
  • Two undeveloped plots of lands
  • Bought two cars from his savings

source: bbc.com