Seyi Makinde, governor of Oyo State, has publicly declared his assets — and he is worth over N48 billion.
The governor, who said he has fulfilled one of his campaign promises, encouraged members of his team to do the same.
According to a statement by Taiwo Adisa, chief press secretary to the governor, Makinde of Oyo 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.
‘Explain The Source Of Your Wealth’ – APC Challenges
The Oyo State Chapter of All Progressives Congress has urged Governor Seyi Makinde to explain the source of his N48bn asset made public on Monday.
The state chairman of the party, Mr. Akin Oke, said this in a telephone interview with the News Agency of Nigeria in Iseyin on Tuesday.
“I don’t think I want to make comment on the issue, since I have no idea, but it raises a number of issues.
“He just declared what he has; how he came about the asset is not there,” Oke said.
The party leader said it would be too early to assess Makinde’s performance as governor, since he has so far spent just a few weeks in office.
“Going by my experience and exposure , I think it is too early to honestly assess a governor just after a few weeks office. I would rather wait till after 100 days or even after six months.
“To start assessing people after six weeks in office will be so unfair if one wants to be honest to his conscience,” he said.