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Reading: I’m 12% poorer since I assumed office, says Makinde
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Nigerian News, Politics, Business, Economy, Investment, Entertainment and Sports. > Blog > Politics > South West > Oyo Update > I’m 12% poorer since I assumed office, says Makinde
Oyo Update

I’m 12% poorer since I assumed office, says Makinde

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Last updated: May 28, 2023 9:37 am
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3 years ago
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Oyo State Governor, Seyi Makinde of Oyo State has said he is poorer by 12 percent in the last four years as governor of the state.

Makinde made this known on Sunday while speaking with newsmen in Ibadan.

He told them that he submitted his Asset Declaration form at the Code of Conduct Bureau (CCB) office, situated on State Secretariat, Total Garden Road, on Friday in Ibadan.

Makinde, on assumption of office in 2019, had declared N48 billion worth of assets.

He, however, did not reveal the details of his assets but told newsmen that in due time it will all be revealed to the public.

In compliance with Paragraph 11 Part 1 to the fifth schedule of the 1999 Constitution of the Federal Republic of Nigeria, a governor is mandated to declare his assets at the end of the first tenure.

“By law, I have to do a Declaration of Assets at the end of my first tenure and before assuming office for the next tenure.

“So, I have gone to CCB office to submit my Assets Declaration form at the end of my first tenure and also my assets at the beginning of the second tenure.

“You are all aware of my Assets Declaration for the first tenure.

“I can tell you that in the last four years, I’m poorer by 10 to 12 percent.

“This is because, I have not really have the chance to look after my business.

“We have been looking after Oyo State business; so, I’m not surprised that there were losses a bit here and there, but I’m still okay,” Makinde said.

Makinde’s Deputy, Chief Bayo Lawal, also went with the governor to submit his own Assets Declaration form.

Meanwhile, the inauguration of Makinde as the Chief Executive Governor for the second term will come up on Monday at the Obafemi Awolowo Stadium, Oke-Ado, Ibadan.

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