In compliance with the mandates of the 1999 Constitution, President Muhammadu Buhari has received copies of his asset declaration form from a delegation of the Code of Conduct Bureau (CCB) led by its Chairman, Prof Isah Mohammed, at the State House in Abuja.
The asset declaration form is a schedule of the Nigerian Constitution, which mandates all public officers to declare their assets and liabilities both at the start and end of their tenure. This applies to all elected, appointed, recruited and contracted public officers.
According to the guidelines on the CCB’s website, failure to declare assets may result in dire consequences such as removal from office, vacation of the official seat in any legislative house, imposition of a fine, disqualification from membership of a legislative house and from holding any public office for up to ten years, as well as the seizure and forfeiture of any property acquired in abuse or corruption of office.
The president-elect, other elected members of the National Assembly and State Houses of Assembly, incoming governors and their cabinet members are also obligated to submit their asset declaration forms to the CCB within 30 days of receiving them.
The CCB delegation presented the asset declaration form to President Buhari on Friday afternoon at the State House villa in Abuja.
This news is yet another indication of the transparency and accountability important to the Nigerian government. As expressed in the mandate of the Code of Conduct Bureau, public officials are expected to be responsible in disclosing their assets and liabilities.
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