As Governor, I’m 10% Poorer in Last 4 Years — Makinde

By Alabidun Shuaib AbdulRahman

Governor Seyi Makinde of Oyo State has revealed that he has experienced a decrease in personal wealth of approximately 10 percent during his four-year tenure as the governor.

Makinde made this disclosure during a press briefing in Ibadan on Sunday.

He emphasised that he had duly submitted his Asset Declaration form to the Code of Conduct Bureau (CCB) office located on State Secretariat, Total Garden Road, in Ibadan on Friday.

The governor clarified that his action was in accordance with Paragraph 11 part 1 of the fifth schedule of the 1999 Constitution of the Federal Republic of Nigeria, which mandates governors to declare their assets at the end of their first term.

Makinde recalled that upon assuming office in 2019, he had declared assets valued at N48 billion.

Although Governor Makinde did not disclose the specifics of his assets, he assured journalists that the details would be made public at a later time.

He acknowledged the legal requirement for him to declare his assets at the end of his first term and prior to commencing his second term.

“By law, I have to do 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 per cent.

“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.