STAR INFORMATION: Declared ASSETS of Ekiti Governor/D-Gov - Kayode FAYEMI and Funmi OLAYINKA
As at October 15, 2010 (See Note 1)
| S/N | ASSET ITEM | Money Value (with some description) | |
|
|
| Governor | Dep Governor |
| 1 | Summary of Cash in Local And Foreign Banks | N25,337,000.00 US$8,200.00 BP2,570.00 | N9,347,900.00 US$15,568.54 BP1,513.00 |
| 2 | Summary of Buildings/Undeveloped Property | N275,000,000.00 US$1,150,000.00 BP530,000.00
from 8 Items (4 in Nigeria, 2 in Ghana, 1 in USA and 1 in UK) | N582,000,000
from 4 items (all in Nigeria) |
| 3 | Summary of Farms/Orchards/Ranches, etc. | Nil | Nil |
| 4 | Summary of Vehicles, Boats & Other means Of Transport | N73,500,000.00 (9 items) | N15,000,000.00 (3 items) |
| 5 | Summary of Factories & Other Enterprises | N50,000,000.00
(Amandla Consulting) | N600,000,000.00
(two jointly-owned enterprises) |
| 6 | Summary of Household Items | N80,000,000.00
(General items) | N10,000,000.00
(General Items) |
| 7 | Summary of Govt. Securities including Premium Bonds and Savings Certificates | Nil | Nil |
| 8 | Summary of Investments in and Outside Nigeria (Shares, Debentures & Other Securities) | Nil | Nil |
|
| TOTALS (See Note 2) | N 503,837,000.00 US$ 1,158,200.00 BP 532,570.00 | N 1,216,347,900.00 US$15,568.54 BP1,513.00 |
ALUKO NOTES
1. For Details: See Page 13 of The Nation, Monday, December 20, 2010, from where the above table was adapted
2. Note that this is just a listing of ASSETS; does not include LIABILITIES (debts to banks, etc,), so this cannot by any means represent their NET WORTH!
______________________________________________________________________________________________Fayemi's assets worth N750m
EKITI State Governor Kayode Fayemi is worth N75million. His deputy, Mrs Funmilayo Olayinka, is worth N1.2billion -according to the Assets Declaration form for public officers they deposed to at the Registry of the state High Court, Ado-Ekiti, on November 15.
All the assets declared by the Ekiti governor are worth N750 million.
Fayemi's assets include cash in local and foreign banks, buildings, undeveloped property jointly owned with his wife, Bisi, vehicles, business enterprises and household items.
Mrs. Olayinka's assets N1.2 billion assets include cash in local and foreign banks, buildings, undeveloped property, vehicles, business enterprises and household items.
When he became governor, Fayemi said he had in his local and foreign accounts N27million, with buildings and undeveloped property he owns with his wife in and outside Nigeria valued at N474 million.
They include a compound of three buildings in Ibadan valued at N73 million, a compound of eight buildings at Isan-Ekiti valued at N120 million, a three-bedroom duplex in London valued at 280,000 pound sterling and a four-bedroom detached duplex at Atlanta, Georgia, USA, worth US$250,000.
Others are a six-bedroom detached house at East Legon, Ghana, valued at US$650,000, an undeveloped plot of land at Guzape District in Abuja valued at N30 million, an undeveloped plot of land at Lekki Phase 1 in Lagos valued at N25 million and an undeveloped plot of land at Ambassadorial Enclave, Legon, Ghana valued at US$250,000.
There are nine vehicles valued at N73 million. Fayemi's business, Amandla Consulting, is valued at N50 million and his household items such as generating sets, electronics, furniture, equipment and others, are valued at N80 million.
Mrs Olayinka had over N12 million in both local and foreign banks at the time she took the oath of office.
Buildings belonging to Mrs. Olayinka and her husband include a compound of three buildings in Opebi, Lagos valued at N180 million, four-bedroom duplex on Victoria Island, Lagos worth N112 million, a compound of two buildings in Ikoyi, Lagos valued at N280 million and an undeveloped plot of land in Ogun State valued at N10 million.
Mrs Olayinka's three personal vehicles are valued at N15 million; her household items worth N10 million.
The deputy governor's business interests, include REAL Nigeria Limited, which is a jointly owned business venture worth N300 million; another jointly owned business, F&Dees Nigeria Limited, is also valued at N300 million.
Fayemi yesterday urged Nigerians to defend their votes in next year's elections.
The governor said the task of defending the nation is beyond the responsibility of the Independent National Independent Electoral Commission (INEC).
He addressed reporters at the new domestic terminal of the Murtala Muhammed Airport, Ikeja, Lagos.
Fayemi said: "I think it goes beyond INEC. INEC should define the direction it wants to go and, we, as Nigerians, should insist on the kind of elections we want to have. To the best of our knowledge, Prof. Attahiru Jega, the INEC chairman, is genuinely interested in making a difference.
"But Jega alone cannot make that difference. He needs the security agencies; we need Nigerian people, and I believe that all those people are trying to make a difference."
"We must insist on our vote counting as Nigerians. We must insist as politicians on a level playing field and we must monitor our vote.
________________________________________________________________________________
Fayemi declares N750m assets •Deputy declares N1.2bn
Written by Stephen Gbadamosi, Ado-Ekiti
| Print | E-mail
Monday, 20 December 2010
As a mark of openness, transparency and accountability to the people of Ekiti State, Governor Kayode Fayemi and the Deputy Governor, Mrs. Funmilayo Olayinka, have declared their assets.
Governor Fayemi deposed to the Assets Declaration Form for Public Officers at the Registry of the State High Court, Ado-Ekiti, on November 15, 2010 barely a month after assuming power. Fayemi is the first chief executive of the state to have made public his worth in cash and assets.
The assets are what he had acquired in his private capacity as of October 15 when the Court of Appeal, Ilorin, declared him the duly-elected governor of the 14-year-old state. All the assets declared by the Ekiti governor were valued at N750 million.
They include cash in local and foreign banks, buildings, undeveloped property jointly owned with his wife, Bisi, vehicles, business enterprises and household items.
Mrs. Olayinka declared assets worth N1.2 billion including cash in local and foreign banks, buildings, undeveloped property, vehicles, business enterprises and household items.
As of the time Fayemi became governor, the total amount he had in his local and foreign accounts is N27 million, while buildings and undeveloped property he jointly owns with his wife both within and outside Nigeria are valued at N474 million.
They include a compound of three buildings in Ibadan valued at N73 million, a compound of eight buildings at Isan-Ekiti valued at N120 million, a three- bedroom duplex in London valued at 280,000 British pounds and a-four bedroom detached duplex at Atlanta, Georgia, USA worth US$250,000.
Others are a six-bedroom detached house at East Legon, Ghana valued at US$650,000, an undeveloped plot of land at Guzape District in Abuja valued at N30 million, an undeveloped plot of land at Lekki Phase 1 in Lagos valued at N25 million and an undeveloped plot of land at Ambassadorial Enclave, Legon, Ghana valued at US$250,000.
The Ekiti deputy governor has over N12 million in both local and foreign banks at the time she took the oath of office as the state number two citizen.
Buildings belonging to Mrs Olayinka and her husband include a compound of three buildings in Opebi, Lagos valued at N180 million, four bedroom duplex in Victoria Island, Lagos worth N112 million, a compound of two buildings in Ikoyi, Lagos valued at N280 million and an undeveloped plot of land in Ogun State valued at N10 million.
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