INTERVIEW: How I amassed my wealth - Saraki

Date: 2016-11-23

The president of the Nigerian Senate, Bukola Saraki, has spoken of how he worked hard to acquire massive wealth, although he said he did not know his worth.

Mr. Saraki told the Abuja editor of BBC Hausa service, Naziru Mikaliu, in an interview that he is wealthy because he comes from a blessed family.

Mr. Saraki also spoke about the Petroleum Industry bill, the Panama papers and his trial for false asset declaration. Excerpt:

Q: What is in the Petroleum Industry Bill, PIB?

A: What we have tried to do with the good governance institution is to try and work out an environment that is in the petroleum sector to ensure transparency, good governance, reduce duplication, ensure efficiency in the petroleum sector. We spent about four to five months working on that and its good to see that finally we have got to a stage where it passed second reading, which had not been achieved before now.

Q: Officials always talk about corruption; do you believe Nigeria is a corrupt country?

A: My take is that I must market my country, so I am not gonna be able to label the country as such. My view is that yes there are issues that we must address, but I am not gonna hammer on that so much because I need to market my country so that I can get private sector in flow. I must create an enabling environment that will encourage that because without that as government alone, it will be difficult for us to be able to see the kind of growth that we are talking about.

Q: Have you seen corruption for example taking place…

A: Of course there are, that is why we have oversight functions. Like many other countries, we have those kinds of challenges, but we have moved a long way.

Q: Many in this country see a lot of politicians as wealthy individuals, for example, you as an individual; how much are you worth?

A: I don’t know!

Q: You don’t know how much you are worth? How much did you declare ?

A: I can’t remember these figures

Q: That means it’s a huge figure?

A: I don’t think it’s a crime anywhere for you to either work hard or be blessed. What I think is important is the commitment to serve.

Q: How did you amass all this wealth?

A: I come from a blessed family. I come from a family where my parents were opportuned and after that I worked hard in the private sector and I think I have worked hard for everything that I have. I made 95% of my asset before I joined government.

Q: You talked about generating more revenue and collecting more taxes; but a member of your family was implicated in the Panama papers?

A: The issue was that they found out that the company has been set up; but it was a holding company; which had nothing to do with taxes, nothing at all.

Q: Why was it set up?

A: It was based on legal advice. The company was set up because they were acquiring an asset and it was advised at that time that I had to set up. It was not a company set up by ourselves but by a legal firm and to the best of our knowledge, no law was broken.

Q: You are currently standing trial before a court accused of falsely declaring an asset?

A: Yeah, that case is ongoing.

Q: So did you declare anything that was not yours?

A: As I have said many time on this case, I will prove my innocence. These were forms that were declared over 13 years ago and it only emerged in August after I became Senate President. If there were infractions in those forms the Code of Conduct could have raised those items a long time ago; they didn’t. So I said I am confident that I will clear my name and I don’t believe that I have done anything wrong.

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Joshua Adeyemi Adimula     Agor Market     Arandun     Ahmad Fatima Bisola     Oba Of Jebba     Ahmed Bolaji Nagode     Hijaab     Funmilayo Oniwa     Babatunde Idiagbon     Countryside Emerging Leaders Fellowship     Christopher Tunji Ayeni     Lawal Olohungbebe     Fareedah Dankaka     Oyun     Veterinary Teaching Hospital     Agbarigidoma     Bisi Oyeleke     Ndama Al-hassan     Shehu Jimoh     Abubakar Lah     Park     Kamaldeen Gambari     Abdulrazaq Sanni     Abraysports FC     Niguel Gallando Marcias     Bature Bello     Maryam Nurudeen     Opolo Global Innovation Limited     Paul Odama     Isiaq Khadeejah     Tunji Moronfoye     Umar Adelodun     Ibrahim Abikan     Mufti Of Ilorin     Arca Santa     Clara Nwachukwu     Kamaldeen Kehinde     IHS     Wahab Egbewole     General Hospital, Ilorin     Moro     Afeyin-Olukuta     S.O. Opowoye     Mohammed Yahaya Barki     Sabitiyu Grillo     Kwara State Television (KWTV)     Bankole Omisore     Dan-Kazeem     Ilesha Gwanara Road     Alapansapa     Abdulrahman Abdulrazak     Mohammed Ajia Ibrahim     Habeeb Abdullahi Al-Ilory     Osi     Imodoye Writer’s Enclave     Olaitan Buraimoh     Mansurat Amuda-Kannike     Omu-aran     Muritala Olarewaju     Florence Saraki     Muhammed Taofeeq Abdulrazaq     KWSIEC     Kwara State Coalition Of Business And Professional Associations     Emmanuel Olatunji Adesoye     Federal Neuro-Psychiatric Hospital     NULGE     Obayomi Azeez     Senate     ASMAU PLAZA     Olaiya Zuberu     Bareke     Amusa Bello     Risikat Lawal     Sa\'adu Gambari     Isa Aremu     Maigidasanma     Abdulmumini Jawondo    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Musa Yeketi     Firdaos Amasa     Standard Organization Of Nigeria     Stephen Fasakin     Dorcas Afeniforo     JSSCE     Okoolowo     Ayodele Olaosebikan     Bareke     Tanke Flyover Bridge     Kwara State Polytechnic     Bolakale Kawu Agaka     NIPR     Harrison Osauwagboe     Abdulrahman Abdulrazak     Muyideen Ajani Bello     Col. Taiwo     Code Of Conduct Bureau     Emir Of Yashikira     Amasa     Olawuyi     Undergraduate Bursary     Shoprite     Samuel Adedoyin     Tunde Idiagbon Road     Kwara Central     Abdulrahman Iliasu     Muslim Cementary     Olaoye B. Felix     Kishira     Baaziki Sulaiman     Yusuf Zulu-Gambari     Akume     Radio Kwara     Teachers Specific Allowance     Tunji Oyawoye     Sherif Shagaya     Ogbondoroko     Toyin Olayinka Tejidini     Ilorin South Constituency     Soffiyyallah Kamaldeen     Bank Of Industry     Labaeka     Mohammed Alabi Lawal     Ahmed     Suwa-Arabs     Umar Bayo Abdulwahab     Micheal Imodu-Ganmo Road     Road Transport Employers Association Of Nigeria     Tinubu     LABTOP     Saliu Mustapha     Geri-Alimi Split Diamond Interchange     Adesina Simon Sodiya     Bolakale Ayo     Dan-Kazeem     Rebecca Olanrewaju     Kabir Shagaya     Press Release     Nigeria Governors\' Forum     Saad Belgore     Bamidele Aluko     Abdul-Rahoof Bello     Bashirat Bola Bello     Yoruba     Jumoke Gafar     Ubandoma     Babajide Ajayi     Ijagbo Health Centre     Muhammed Mahe Abdulkadir     Offorjama     Olota Of Odo-Owa     Olatunji Abdulmumeen     Olupako     Adegoke Bamidele     Saidu Yaro Musa     Ahmed Bolaji Nagode