By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Okay News
  • News
  • Politics
  • Business
  • Technology
  • Security
  • Entertainment
  • Sports
Reading: How Shema Sold A N78m Car to Himself For N3m – Masari
Font ResizerAa
Okay NewsOkay News
  • News
  • Politics
  • Business
  • Technology
  • Security
  • Entertainment
  • Sports
Follow US
2026 © Okay International Limited - All rights reserved
News

How Shema Sold A N78m Car to Himself For N3m – Masari

Farouk Mohammed
By
Farouk Mohammed
ByFarouk Mohammed
Publisher
Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and...
Follow:
Published: 2016/04/23
1 Min Read
Share
SHARE

Masari

Katsina State Governor, Aminu Masari, on Friday disclosed how his predecessor, Ibrahim Shema, sold to himself state vehicles worth N400 million at the tail end of his administration.

“Can you imagine a car of N78 million bought in 2014 was sold for just N3 million, another N10 million vehicle for N990,000. This is disturbing,” he told newsmen.

The governor said all the sold off vehicles were less than two years old but were sold at a ninety percent depreciation values.

- Advertisement -

Masari added that Shema and his cronies personalised several government houses and property in Kaduna and Abuja

“We have so many of them; we are just taking our time and we shall soon make them public.

“Several elders and elites of the state had tried to mediate between us but to no avail as the present government insists that all funds missing should be refunded while the former government is maintaining its position that it did nothing wrong,” he added.

Follow Okay News channel on WhatsApp
Add as a preferred source on Google
Follow Okay News on Instagram
- Advertisement -

TAGGED:MasariShema
Share This Article
Facebook Pinterest Whatsapp Whatsapp Email Print
Previous Article 40 Ships Laden With Petroleum Products, Foods to Arrive Lagos Ports
Next Article PHOTOS: Akon Visits Nigeria’s Minister Of Environment ‘Amina Mohammed’ In New York

Stay Connected

FacebookLike
XFollow
InstagramFollow
TiktokFollow
WhatsAppFollow
- Advertisement -

More News

News

Nigeria Senate Reopens Electoral Act Debate Amid Results Rule Backlash

By Oluwadara Akingbohungbe
4 Min Read
News

EFCC Charges Man Over ₦603 Million Fake NNPC Job Appointment Scheme

By Adamu Abubakar Isa
3 Min Read
News

France Tells 29-Year-Olds to Have Babies Amid Decline in Birth Rate

By Adamu Abubakar Isa
2 Min Read
Okay NewsOkay News
2026 © Okay International Limited - All rights reserved
  • About Us
  • Advertising
  • Contact
  • Careers
  • Team
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Continue with Facebook