The Executive Secretary of NEITI, Waziri Adio who was recently appointed by President Buhari has publicly declared his assets. He declared his assets after issuing a press release to several news outlets including Nairametrics.
Here is a summary of his assets as at today.
Cash in Nigerian Banks:
• As at 30 March 2016, I had a total of N3, 810, 206 in Naira accounts with Access Bank, Standard Chartered Bank and United Bank for Africa.
• As at 30 March 2016, I had a total of $821 in domiciliary accounts in Access Bank and UBA.
The foreign accounts I operated at different times as a student or a fellow in the US are all closed.
Buildings:
• One unit of a 3-Bedrooom bungalow in an estate in a suburb of Abuja bought in 2011 at N17.5m, renovated and currently valued at N25m;
• Two units of 3-bedroom flats built over 13 years (between 2000 and 2013) in Lambe, Ogun State, currently valued at N12m.
Undeveloped Plots:
• Two plots together measuring 1000 sqm demarcated by a dwarf fence in Iwo, my hometown in Osun State, bought in 2013, valued at N700, 000;
• Yet-to-be-located 600 sqm in a disputed estate in Sabon-Lugbe, Abuja bought in 2011 at N750, 000.
Private Companies:
I have beneficial interests in the following private companies that I co-founded:
• Think Tank Consult Limited
• SW4 Media Limited, Publishers of Metropole Magazine
• Elan-Metro Foods Limited
• Cable Newspaper Limited, Publishers of TheCable online newspaper
I also have equity in two non-operational companies:
• Papyrus Media Limited
• Bamisoro Media Limited
Vehicles:
• VW Passat bought new in 2011 at N5.8m
• BMW X5 2008 Model bought second hand in February 2016 at N3.3m
Household Furniture/Items:
• 9 KVA Hyundai Diesel Generator bought at N850, 000
• 3 KVA Sunkam Inverter bought at N450, 000
• Other household furniture, electronics, exercise equipment, artworks and others valued at N3.5m
Shares in Publicly Quoted Companies:
I have shares in Skye Bank, Sterling Bank and Staco Insurance, bought in 2008 at N2.5m now presently valued at N296, 610.
Assets of Spouse and Children:
• My wife runs two businesses: a salon and a bakery, with equipment and distribution vehicles all valued at N28.5m.
• We have three children under 18 and they do not own any assets.
