U.S. President-elect Donald Trump has said that he would separate himself from his business and focus on governance when sworn-in as President.

The News Agency of Nigeria reports that Mr. Trump disclosed this in a series of tweet, amid rising concerns on conflicts between his business and the presidency.

“I will be holding a major news conference in New York City with my children on Dec. 15 to discuss the fact that I will be leaving my great business in total.

“This is in order to fully focus on running the country in order to ‘Make America Great Again!

“While I am not mandated to do this under the law, I feel it is visually important, as President, to in no way have a conflict of interest with my various businesses.

“Hence, legal documents are being crafted which take me completely out of business operations.

“The Presidency is a far more important task!” the president-elect said.

NAN reports that Trump reportedly has interests in no fewer than 500 businesses currently.