…Says I have fulfilled a campaign promise

Oyo State Governor, Engineer Seyi Makinde on Monday made public his campaign promise to publicly declare his assets.

The Governor, who visited the Oyo state office of the Code of Conduct Bureau (CCB) in Ibadan to receive a copy of the asset declaration form said that his decision to make the assets public was in fulfillment of a personal promise he made during the elections.

Details of the assets as contained in the CCB 1 with the name Oluseyi Abiodun Makinde, which was declared at the High Court of Oyo State, on May 28, 2019, indicated that the Governor is worth over N48 billion.

The assets declaration form, marked OYSE/2019/001 contained details of cash at hand, in the bank, landed properties (developed and undeveloped), household items, share and bonds owed by the Governor, his wife, Omini Makinde as well as his companies.

According to details of the asset form made public by the Chief Press Secretary to Makinde, Mr. Taiwo Adisa, the Governor of Oyo State had cash at hand and in the bank worth N234, 742,296.01, as at May 28, 2019.

In dollar terms, the Governor has cash valued at $30,056.99 as at the same date.

Properties, including the developed and undeveloped as well as household items indicated on the asset forms, showed that the Governor is worth N2, 624,800,500(two billion, six hundred and twenty-four million, eight hundred thousand, five hundred Naira as at the date of asset declaration.

In Dollar terms, the Governor also declared properties, developed and undeveloped as well as household items valued at $4,400,000(four million, four hundred thousand dollars only.

In South African Rands, the Governor declared buildings and household items worth four Million, four hundred and fifty-seven thousand, five hundred and fifty-four and four South African Rands.

The houses declared by the Governor include nine buildings in Nigeria, two in the United States of America and One in South Africa.

One of the properties in the United States is described as “jointly owned.”

The details showed the current value of Makinde’s companies stand at N48, 150,736,889 (forty-eight billion, one hundred and fifty million, seven hundred and thirty-six thousand, eight hundred and eighty-nine Naira), with 33, 730,000 units of shares as at May 28, 2019.

The Governor also has existing Bonds (Eurobond) worth $3, 793, 500 as well as shares, debentures and other securities valued at N120,500,000(One hundred and twenty million, five hundred thousand naira).

The companies listed by the Governor include Makon Engineering and Technical Services Limited; Energy Traders and Technical Services Limited; Makon Oil and Gas Limited; Makon Group Limited, Makon Construction Limited and Makon Power System Limited.

The asset declaration form indicated that Governor Makinde’s four companies have additional assets denominated as loan notes including Makon Engineering and Technical Services Limited(N1.7 billion); Makon Power System Limited(N148.4 million); Makon Oil and Gas Limited(N341 million); Energy Traders and Technical Services Limited(N1.159bn) totalling N3.389billion.

Speaking with newsmen at the CCB office in Ibadan, Makinde said: “I came here to collect the photocopy of the form that I signed in fulfillment of the campaign promise to the people that I will declare my asset publicly and release the document to the public.

“I will encourage all the members of my cabinet to do the same thing but in as much they stay within the ambit of the law, I will encourage them to do the same.”

https://newsbreakng.com/breaking-makinde-declares-asset-worth-of-n50b-public/

Let's wait and see his worth after the tenure



FTC Dedicated to all those expecting 10k from SEUN

the money too plenty

This is a very good and laudable move if only it isn't a declaration of "intended assets or worth" after his tenure.

To this end, I'd call on Uncle Sam, the SA tax authority and our very own FIRS to live up to their billings with these our 'declarant up to the executive level.

Una dooooh

Then after his tenure, 10trillion..

this man rich ooh

When leaders lead by example, followers won't hesitate to willingly follow suit. I see no reason why you won't succeed totally as Oyo State Governor. You're so committed to ensuring transparency, accountability and all inclusive government. After Governor Akeredolu, Seyi Makinde is gradually becoming my second best Governor. Kudos.

I swear if I have 1/10 of that, I won't contest for any political office because of the dirtiness in it.

The same thing we have been begging Bubu to do since

Good of you sir! My governor! My governor!!

A rare gem in Nigerian politics

Wow! So, i think by next coming year 4yrs we should be expecting 4billion naira intrest. That is to say 1billion intrest per year. Brain and money no go kill person!

Great!
We are still waiting for Mr. "integrity" and cabinet members from the party of saints to declare their assets.

I love that, say what you mean and mean what you say.

I hope this is not APC propaganda news against a PDP governor

How would Oyo state not grow when you have a billionaire with track record at 51 governing...

When a technocrat governs, the difference is clear...

Makinde - Oyo
Peter obi
Akwa ibom - udom
Cross river - Ben ayade
Anambra - obiano
Edo - obaseki
Kwara - Abdul raman
Ogun - dapo abiodun

nototribalist:
I hope this is not APC propaganda

He's PDP.

Hope you still hope the same?

God of mercy should have mercy on me too, I now understand why Seyi’s Supporters said it is a money battle betweeen Oyo state Goverment then and World Bank during the last election

Engineers ooooh!!!

A laudable move by the Oyo state governor. In a country with It's political landscape dotted by opportunists and greedy people who are simply wolves in sheep's clothing, with a singular purpose to bleed further, an anaemic purse.
I'm yet to recall any governor who has done this in recent times (if any one ever has), even among the so called progressives who promised change.
At least it sets the yardstick for future Oyo governors and hopefully all other political office holders.
Still hoping and praying that Nigeria will change for the better in my lifetime.
Kudos to the governor!!

I'm impressed he declared this.

Buhari the kworuption phyter cannot try this

Nigeria has may silent billionaires that actually made their money outside government o Dis type fit contest for governor of five states at thesame time self.

With his declaration, he is already a billionanaire before he became Governor, he is even richer than Osinbajo as at when he became VP.

How did he make all these money

When people talked about Buhari's integerity,I laugh, is just an over hyped one,likewise with his incorruptibility. Buhari is a typical corrupt Nigerian former general turned politician.

...and the saintly Mr. Integrity couldn't muster the courage to publicly declare his asset.

I hope this is not an ''anticipatory'' declaration. I dont trust nigerian politicians. They should verify everything o...he may be planning to loot 50 billion

Omi tuntun. Let's hope he turns the fortune of Oyo State around for the better.

Ogbeni Makinde hope you never add future assets to it

Nemesis909:


He's PDP.

Hope you still hope the same?

that's my point, I hope this news is not coming from APC news desk