According to VANGUARD, he stated in his assets declaration as made available by his Senior Special Assistant on Public Communication, Dr. Festus Adedayo, that he had cash in local banks, buildings, vehicles, business enterprises and household items.
Based on the declaration; he has total cash in Nigerian banks was N292, 432, 107.00, a mansion in Ibadan worth N250 million, another building in the same city worth N150 million, and one with the value of N300 million in Lagos, as well as a detached house worth N300 million in Abuja.
He declared also a flat purchased through mortgage financing worth N450, 000 in the UK, another worth N1, 950,000, purchased through mortgage in the UK and a house worth $1,500,000 in the United States of America. He owns a 131 acres of farm land in a village at the Ido area of Ibadan worth N150 million, two Lagos-based companies; Grandex Nigeria Limited, worth N200 million and Network Petroleum Nigeria Limited, worth N260 million.
The total worth of all his vehicles was N94.25 million and household furniture, which include generating sets and electronics. These, he said, was worth N25 million. His wife, Mrs. Florence Ajimobi, according to the form, possessed a house in Ibadan that was worth N15 million and another in Lagos worth N250 million.
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