Connect with us

2019 Election

Donald Duke claims he earns N156,000 monthly

Published

on

Donald Duke has been suspended by the SDP
Donald Duke is Social Democratic Party presidential candidate
Donald Duke is Social Democratic Party presidential candidate

Donald Duke, presidential candidate of the Social Democratic Party and former governor of Cross River State has got tongues wagging after he claimed he earns an average of N156 thousand in a month since 2015.

The presidential candidate, who promises to improve tax collection and compliance by deploying up-to-date technology if elected president, pays an average of N13 thousand tax per month.

The claims about his earnings were contained in tax certificate he submitted to the Independent National Electoral Commission (INEC).

Just like the case of Atiku Abubakar, former vice-president, self-confessed billionaire and business tycoon claimed that his income was just N20m in a year, Duke is believed to have understated his income, judging by his personal lifestyle.

The two-term ex-governor between 1999 and 2007 stated that he earned N1,763,157 in 2015, N1,894,736 in 2016 and N1,960,526 2017 from doing business.

Advertisement

He then paid tax of N150, 000 in 2015, N170, 000 in 2016 and N180, 000 in 2017.

However, Duke’s earnings and tax payments do not reflect his lifestyles. His extravagant black power bike at the 2016 Calabar carnival costs more than his combined earnings in three years.

But more telling is that Duke paid just a tax of N500,000 in three years despite his huge pension as a former governor.

He pointed out in the form he submitted to INEC that he had never been indicted for fraud by any judicial panel. He is also one of the ex-governors that had never been investigated by the Economic and Financial Crimes Commission (EFCC).

Advertisement

Duke who was born on 30 September 1961 graduated from Ahmadu Bello University in 1982. He later bagged LLM in Business Law and Admiralty from the University of Pennsylvania in 1984.

He became the Commissioner of Finance, Budget and Planning to the third republic civilian governor Clement Ebri and later the member of the National Economic Advisory and Intelligence Committee under the Abacha regime before he became a governor in 1999.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © 2015 - 2024 ChronicleNG

Discover more from Chronicle.ng

Subscribe now to keep reading and get access to the full archive.

Continue reading