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EXPOSED | President Buhari’s N2.1 Billion Asokoro Mansion

by on June 3, 2015
 

By Yemi Adebowale

President Muhammadu Buhari owns the sprawling Asokoro lakeside mansion located at number 9, Udo Udoma Street, Asokoro, Abuja, BREAKING TIMES can authoritatively report.

Investigations by our reporter on Wednesday unveiled President Muhammadu Buhari’s hidden property situated at a choice location in Asokoro beside an exotic lake few yards away from the Aso Rock Presidential Villa fence.

Since his inauguration on Friday May 29, heavy security presence has been deployed around the area surrounding the property. BREAKING TIMES reporters at the risk of their lives managed to take photographs of the sprawling triple-duplex property on Wednesday.

Front view of the Buhari no 9 Udo Udoma Street, Asokoro mansion | Photo: BREAKING TIMES

Front view of the Buhari no 9 Udo Udoma Street, Asokoro mansion | Photo: BREAKING TIMES

A police patrol van permanently stationed in front of the Buhari property in Asokoro | Photo: BREAKING TIMES

A police patrol van permanently stationed in front of the Buhari property in Asokoro | Photo: BREAKING TIMES

Another front view of the Buhari mansion in Asokoro | Photo: BREAKING TIMES

Another front view of the Buhari mansion in Asokoro | Photo: BREAKING TIMES

The Buhari Asokoro mansion from the lakeside | Photo: BREAKING TIMES

The Buhari Asokoro mansion from the lakeside | Photo: BREAKING TIMES

The Buhari mansion is situated close to this lake in Asokoro, Abuja | Photo: BREAKING TIMES

The Buhari mansion is situated close to this lake in Asokoro, Abuja | Photo: BREAKING TIMES

Contrasting poverty of Nigerians living at the foot of the lake close to President Buhari's sprawling Asokoro mansion | Photo: BREAKING TIMES

Contrasting poverty of Nigerians living at the foot of the lake close to President Buhari’s sprawling Asokoro mansion | Photo: BREAKING TIMES

Professional estate surveyors have valued the land on which the property sits at approximately N1.2 billion. Each of the three duplexes is valued at N300 million and this, when added to the cost of the land is approximately N2.1 billion. Also, rent from tenants on each of the three duplexes is estimated at N6 million per annum.

President Buhari’s Asokoro property has been home to a former High Commissioner of an African country to Nigeria. The family of the late Special Adviser on Strategy and Documentation to former President Goodluck Jonathan, Oronto Douglas, are tenants at the Buhari Asokoro property, a source who pleaded anonymity disclosed to BREAKING TIMES.

The discovery of the Buhari Asokoro mansion may have cast another huge credibility question on the modest and anti-corruption credentials that got him elected on March 28, 2015.

It will be recalled that BREAKING TIMES on Monday exposed details of how the new First Lady, Mrs. Aisha Buhari wore a Cartier Baignoire Folle 18-Carat White Gold Diamond Ladies Watch that cost £34,500 (N10, 453, 000) to the presidential inauguration on May 29, 2015.

READ: SHOCKER | Aisha Buhari’s Inauguration Wristwatch Cost £34,500 (N10, 453,000)

Buhari played up his modest background while on the campaign trail, claiming he was a pastoral farmer with 150 cows who could barely afford to pay for his presidential nomination form. More than 50 percent of Nigerians live below the international poverty line of $1.25 per day, according to the United Nations.

In January 2015, BREAKING TIMES uncovered the expensive lifestyle of Zahra, the fifth daughter of President Muhammadu Buhari, an undergraduate of the University of Surrey, United Kingdom.

EXPOSED: The Expensive Lifestyle of Zahra Buhari

The exposure of Buhari’s hidden assets is coming at a time Nigerians have intensified calls for the new President and Vice-President to publicly declare their assets as they promised to do during the presidential campaign.

SERAP, Others Want Buhari and Osinbajo to Declare Assets Publicly

 

Buhari was appointed Chairman of Nigeria’s Petroleum Trust Fund (PTF) during the regime of Nigeria’s late dictator, General Sani Abacha – a period in Nigeria’s oil revenue expenditure that has never come under any serious probe or enquiry. The sum of N25 billion allegedly disappeared from the public treasury at the time.

READ: PTF: N25bn disappeared under Buhari –PDP Campaign Organisation

READ  Buhari Moves Against Obasanjo's Camp as EFCC Comes after Babalola Borishade
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  • theosuarez
    June 3, 2015 at 6:44 pm

    Same buhari has been living a sanctimonious life as if he has nothing…
    Very shameful of him.

    Reply

  • ABDI
    June 3, 2015 at 8:13 pm

    Not surprised. A couple of my friends know zara so when news of cant pay nomination fee dropped i was chuckling. politics as usual!

    Reply

  • Seun
    June 3, 2015 at 8:37 pm

    Lies Lies Lies…. So how did you quickly estimate it to worth N2.1 Billion immediately.

    Reply

  • June 3, 2015 at 9:42 pm

    Buhari see your life for outside.

    Reply

  • shasha
    June 4, 2015 at 8:00 am

    Buhari doesn’t own the property. He is renting it. Plz confirm your stories before publishing. Almost as if u have a personal vendatta against him. He is renting the property and that watch for his wife was a gift from one of the sycophants who feel they can get favour from buhari through his wife.

    Did u see him wear such a watch. Buhari only owns his home in kaduna and daura… Investigate your story well.

    Reply

    • June 4, 2015 at 9:05 am

      How much is he ranting the house and who is the sycophant that gave the wife such watch

      Reply

    • Uche
      June 4, 2015 at 12:21 pm

      How did you know Buhari is just renting the Property? How much is the Rent? So Aisha collected a wrist Watch from a Sycophant? Amazing!!! That is accepting bribe… Tam David West was sacked for that. Buhari the Saint can start fighting corruption beginning from her. QED

      Reply

    • Obi
      June 6, 2015 at 5:59 pm

      If Buhari had worn the watch, it could still be a gift.
      People that live the life style they claim can convert the “gift” to money and help the poor and street children a lot of whom are roaming the street everyday.

      Reply

    • Gek
      June 8, 2015 at 8:48 pm

      Guy,open your eyes and stop defending what u dont know

      Reply

    • Mee
      June 11, 2015 at 4:42 pm

      Are you saying Buhari is a poor man? if so then lets compare him to a real real poor man, lets work it out and maybe at the end you will agree that he is not that poor.

      Reply

    • Adamu Abbasmusa
      October 9, 2017 at 12:13 pm

      If you know he own the house why can’t you take him to court. No evidence of purchasing nothing at all, he held various positions no one up date come up with corrupt allegation against him. Which account did he deposited the money? And in which bank? How can #25 billion naira disappear without bank knowledge? Are they ghost or what?

      Reply

  • June 4, 2015 at 9:48 am

    General Buhari is a public figure. Unlike when he & Idiagbon used decrees 2 & 4 to gag the people’s mouth, the onus is upon him to come out and explain to Nigerians whether the information is true or not. He can not run away from his shadow. Democracy is a different ball game. Even though, nothing has ever been done legally about those who have recently acquired ill gotten wealth in the society, there is the fact that they are known & freely talked about until nemesis will catch up with them

    Reply

  • June 4, 2015 at 11:07 am

    Paid content. PDP at work again, I wonder the amount the editor of this site is being paid for these writeups. Ur so called investigations are trash. Go get a life or better still start editting porn stories. Asshole

    Reply

    • Judez
      June 4, 2015 at 2:14 pm

      Mr. Tee: If you think PMB is going to be sleeping on a vitafoam king size bed with Aisha in the next 48 months, then, you are yet to embrace the realities of [participatory] democracy or better known as “retail democracy”. PMB has misled Nigerians from when he joined the army to today that he is the head of state. He rants about honesty and discipline, yet an embedded character of deceit and political mombo-jumbo balloons consistently with little helium. And by the way, if an ass is a whole, you would have sunk into yours.

      Reply

    • Mr. T
      June 4, 2015 at 6:01 pm

      Hi Mr. Tee,
      you don’t need to curse anybody, use facts. Paid or unpaid content, if this is true, then Buhari has lied to the 4th and most important arm of the government -the people!

      If the house his, he should claim it and we’d accept him as he is, a lying president. Nigerians can deal with that.

      Reply

    • Ernesto
      June 5, 2015 at 8:31 am

      Paid content? let Buhari deny the story.
      He and the wife never denied the wrist watch story
      If you think the story is not true, are you saying Buhari did not build any house.
      As former head of state he collects allowances running into millions.
      Do not paint the picture of being presented in bad light
      Is there anything wrong with owning a house or is all the defense and denial a ploy to keep deceiving Nigerians He has nothing.
      When will his asset be declared publicly as he promised us during campaign?

      Reply

    • Obi
      June 6, 2015 at 6:07 pm

      Is it not better that you grow up and be more civilized and courteous in your comments?
      Must every write up be between PDP and APC?
      Don’t you know that the civilized world we claim to copy use this type of investigative journalism as checks and balances for our leaders.
      The election has been contested and won and now we have President Buhari.
      Even if the author is a mere propagandist, have said the same curse words on Sahara reporters?

      Reply

  • Don Simon
    June 4, 2015 at 1:53 pm

    Pls you people should let Buhari settle down and do his job. Kindly stop all these distractions for God’s sake.

    Reply

  • Azooka
    June 4, 2015 at 3:17 pm

    Is this really true? The president is of AGE , let him respond pls!!!!!

    Reply

  • Lami Acgum
    June 5, 2015 at 4:56 am

    Just what in God’s holy name is the sudden problem with we Nigerians with President Buhari, his family and past. Need I say that I never voted for anyone nor belong to any political party so I’m not a loyalist to any of the parties in Nigeria but the real truth is we should focus on assisting President Buhari to tackle the so many huge problems in our country which is why he was voted not to ransack his lifestyle, his past and that of his immediate family, what they own, wear or dnt own or wear. R they supposed to live in Sambisa forest or wear stuffs from bend down boutiques just to please Nigerians ehn. For Christ sakes, this man was once a former head of state in Nigeria and has held other key positions in the past so at his age if he doesn’t have a property to show then something is wrong. Look u people should just leave Buhari alone abeg, let him concentrate n let his family be. His wife wore a wrist watch worth millions and so, they r less dan four days in office so could it have been ur money, what if she had it before now. Zara Buhari lives an expensive life and so, is she supposed to beg on d streets before we ll all know that Buhari is a modest and prudent man and d capable hand Nigeria as a country n we nigerians as a people need now to right d wrongs and decadence we r languishing in now. Come on peeps, stop getting ur selves busy doing nothing by monitoring Buhari and his family members but get busy sourcing for ideas to assist him in ruling us better than the past leaders we v had abeg.

    Reply

    • Mee
      June 11, 2015 at 4:49 pm

      When a former president behaves as if he is the poorest making ordinary nigerians to believe that he is poor then here is the result. More to come. its not anybody’s fault. He said, affording nomination form was a problem – which means he is so poor as a former head of state in a manner he cant even afford nomination form, so why blame people for asking questions as the drama unfold? He has a duty to explain to his followers who voted him with all their heart.

      Reply

  • fasasiqs@yahoo.com
    June 5, 2015 at 9:50 pm

    Lami.you have spoken well.pls educate them.you can’t get into the house and you are telling us the worth.are we fools.

    Reply

  • Abba
    July 10, 2015 at 5:48 pm

    Yes yes. Let’s remove him immediately for he lied to us that he is poor. Either you do that or you keep your lying and bigoted mouths shut you haters

    Reply

  • Niyi
    September 5, 2015 at 9:13 pm

    People are stupid sha

    Reply

  • Sam
    January 26, 2016 at 10:29 pm

    Some people just want to kill themselves for nothing sake!…we know this is one of the paid contents coming from those who hate this anti corruption war…. you cant fool us, you can fool some but you cant fool all of us, we are wiser and your content and would always stand behind the war against corruption! You cant feed us with trash, we know more than you!

    Very soon you would be screaming rule of law…. you are not shouting rule of law for the ordinary man/ woman whom the police picked up on the street for wondering! you are shouting rule of law for somebody who stole the common wealth of the masses! many are in jail with no hope! sometime when you listen to some people who called themselves activist, you feel like vomiting…. their words smells like shit, even this content too! oh what a shame…. some people are born enemy of the state, what a shame!

    Reply

  • June 25, 2016 at 1:31 pm

    Please this is not politics. I am not a politician and presently do not intend to be one. However, The Senate President is being prosecuted for not declaring all his assets. If the His Excellency, the President of the Federal Republic did same, He may have lied on oath and the law makes it an offence. Let all of us know the truth about our Public officers

    Reply

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