THE Oyo state governor, Seyi Makinde, says he became poorer by 12 per cent during his last four years as the governor.
As Makinde explained, the fall in his finances was due to his inability to manage his business effectively while serving as governor.
The governor, addressing journalists in the state on Sunday, May 28, said his assets had dropped now, compared to what he had in 2019.
He disclosed he had already submitted his asset declaration form at the Code of Conduct Bureau (CCB) office in Ibadan on Friday, May 26, saying the details would be made available to the public soon.
“You are all aware of my assets declaration for the first tenure. I can tell you that in the last four years, I’ve been poorer by 10 to 12 per cent.
“This is because I have not really had 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,” he said.
He had reported that Makinde’s assets were worth over N48 billion in cash and other properties when he declared in 2019.
Last Wednesday, the CCB asked all governors-elect to declare their assets before May 29.
Makinde, having won the 2023 governorship election with 563,617 votes, will be retaining his seat as the Oyo state governor.
Speaking on his assets declaration, the governor said, “By law, I have to declare my assets at the end of my first tenure and before assuming office for the next tenure.
“So, I have gone to the 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.”