Lagos State Governor, Babajide Sanwo-Olu and the Deputy Governor, Dr Obafemi Hamzat, at the weekend, submitted their Asset Declaration Forms.
The development is in compliance with Paragraph 11 Part 1 to the 5th Schedule of the 1999 Constitution of the Federal Republic of Nigeria which mandates political office holders to declare their assets on assumption and at the end of their term in office.
Sanwo-Olu and his deputy had, by their action, satisfied Section 185(1) of the same Constitution that made it paramount for the political office holders to declare their assets before they take the oath of office.
The asset declaration was administered to the governor and the deputy by Prof. Samuel Ogundare, Board Member representing South West zone, and witnessed by Rt. Hon. Taofeek Abdulsalam, member, and Mrs. O. Popoola, Lagos State Director of the Code of Conduct Bureau.
In compliance with the Constitution of the Federal Republic of Nigeria that mandates political office holders to declare their assets on assumption and at the end of their term in office,
”My deputy and I have satisfied that necessary requirement before we take the oath of office.
”Thank you Prof. S.F Ogundare, the board member representing South West zone, for administering the assets declaration process.
”I also thank Rt. Hon. Taofeek Olawale Abdulsalam, member, and Mrs. O Popoola, Lagos State Director of the Code of Conduct Bureau for being witnesses,” the governor said.
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