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PDP Candidate Atiku Abubakar declares paltry N20m yearly income
Friday, October 26, 2018
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Peoples Democratic Party (PDP) presidential candidate Atiku Abubakar, believed to be a multi-billionaire has declared a paltry yearly personal income of N20 million.
The shocking revelation was contained in the credentials that Atiku filed with the the Independent National Electoral Commission (INEC).
The PDP candidate, who prides himself as a businessman and job creator said he earned only N60.2 million in three years and paid a paltry N10.8 million tax between 2015 and 2017.
Some reports have estimated Atiku’s wealth at about $1.4 billion.
In 2014, Atiku boasted that he was the greatest employer of labour in Nigeria, with about 50,000 Nigerians on his payroll.
“As an individual, I believe my record in employing young Nigerians is unrivalled by any single private investor in Nigeria,” the former vice president said.
He has investments in media, shipping, education, and other sectors. One of the companies, where he has substantial interest is Intels, which recently ran into trouble with the Nigerian government for not remitting revenue due to the Nigerian treasury.
The shocking revelation was contained in the credentials that Atiku filed with the the Independent National Electoral Commission (INEC).
The PDP candidate, who prides himself as a businessman and job creator said he earned only N60.2 million in three years and paid a paltry N10.8 million tax between 2015 and 2017.
Some reports have estimated Atiku’s wealth at about $1.4 billion.
In 2014, Atiku boasted that he was the greatest employer of labour in Nigeria, with about 50,000 Nigerians on his payroll.
“As an individual, I believe my record in employing young Nigerians is unrivalled by any single private investor in Nigeria,” the former vice president said.
He has investments in media, shipping, education, and other sectors. One of the companies, where he has substantial interest is Intels, which recently ran into trouble with the Nigerian government for not remitting revenue due to the Nigerian treasury.
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