Asset Declaration

Constitutional Asset Declaration Information for Public Officers - 1
This form is a schedule of the Constitution of the Federal Republic of Nigeria (1999) and it is mandatory for all Public Officers whether elected, appointed, recruited, contracted etc., by whatever name called to collect and sign for the form from the Code of Conduct Bureau Office nearest to their workstation in any of the 36 states of the Federation and F.C.T. or the Code of Conduct Bureau Headquarters at the Federal Secretariat Complex, Shehu Shagari Way, Maitama District, Abuja.
Constitutional Asset Declaration Information for Public Officers - 2
The responsibility to collect, fill and return the form rests solely with the declarant; therefore, submission of completed forms by the declarant through his/her respective Head of Department does not in any way exonerate declarant from responsibility or liability.
Constitutional Asset Declaration Information for Public Officers - 3
Every declarant is required by Law to declare his/her assets/liability including that of his spouse(s) who is not a Public Officer and children under 18 years age, honestly, sincerely and submit same to the Bureau within 30 days of the receipt of the forms
Constitutional Asset Declaration Information for Public Officers - 4
You are to declare ONLY those Assets/Liabilities you ACTUALLY own at the material time of filling the form. DO NOT declare any Assets/Liabilities you are anticipating having before actual acquisition.
Constitutional Asset Declaration Information for Public Officers - 5
All properties/assets acquired outside Nigeria MUST be stated clearly with the value of the said Assets in the Currency of the Country where the property is situated.
Constitutional Asset Declaration Information for Public Officers - 6
After the completion of the form, the declarant must personally go and swear to the declaration before a High Court Judge nearest to his work station before submitting it to the Bureau.
Constitutional Asset Declaration Information for Public Officers - 7
Every Public Officer is to NOTE that it is the requirement of the Law to declare his/her assets/liabilities on (a) Assumption of office; (b) At the end of his term of Office, (c). At interval of four years for Public Officers on continuous employment of Government whether Federal, State or Local Government: (d) and at such other intervals as the Bureau may determine from time to time.
Constitutional Asset Declaration Information for Public Officers - 8
When filling the form, you are required to provide detailed information including but not limited to the number, types, address, value of properties so declared and the date of acquisition as well as income derivable from the properties where appropriate.
Constitutional Asset Declaration Information for Public Officers - 9
NOTE that where a question in any column is not applicable, you are required to state reason(s) Also NOTE that all declarations made by the declarant are subject to VERIFICATION by the Officers of the Bureau authorised on that behalf. Failure to declare your assets as required under the provisions of paragraph 11 of the 5th Schedule of the Federal Constitution shall attract, on conviction, any or all of the following: (a) Removal from office, (b) Disqualification from holding any Public office, (c) forfeiture to the state of any property acquired in abuse of office or dishonesty.

Implications for Non-Compliance with the Codes

The law states that the sanctions mentioned above shall be without prejudice to the penalties that may be imposed by any law where the conduct is also a criminal offence.
Furthermore, though the law gives the right of appeal, sub-section 7 of this section of the Constitution states that the prerogative of mercy shall not apply to any punishment imposed by the Code of Conduct Tribunal.
The penalties (punishments) which the Code of Conduct Tribunal imposed are not limited to those stated above. The Constitution gives the National Assembly the power to prescribe more punishments and to give the Bureau more power as it deems fit.