On this day in 2007, Nigerian President Umar Musa Yar’Adua made history by publicly declaring his assets, becoming the first president to do so. This landmark move was a significant step towards promoting transparency and accountability in government.
Yar’Adua’s declaration included a comprehensive list of his assets, which were:
– Cash holdings in various bank accounts totaling over 130 million naira
– Properties worth over 650 million naira, including a multi-storey building in Abuja and a duplex in Kaduna
– Farms in Ruwan Godiya and Ajiwa, Katsina, valued at 25 million naira
– Vehicles, including a Honda Accord and a Mercedes Benz, worth over 7 million naira
– Shares in Habib Nigeria Bank PLC, Intercity Bank Plc, and Muradi Hotels Ltd.
This unprecedented gesture set a high standard for his administration and demonstrated his commitment to good governance.
Legacy
President Yar’Adua’s public asset declaration was a crucial moment in Nigerian history, highlighting the importance of transparency and accountability in leadership. Although he is no longer with us, his legacy as a champion of openness and integrity in government continues to inspire future generations of leaders.
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