Governor Makinde of Oyo State declares over N50billion assets

Seyi Makinde, the Governor of Oyo State

Seyi Makinde, the Governor of Oyo State, on Monday declared his assets publicly.

The Governor had few days ago visited the Code of Conduct Bureau in Ibadan, the capital of Oyo State, to obtain a copy of the CCB asset declaration form.

Makinde, in his CCB1 form which was declared at the Oyo State High Court revealed that he is worth over N48billion.

The form with number OYSE/2019/001 shows details of his cash in the bank, landed properties, companies worth, shares and bonds.

Governor Makinde alleges that he has N234,742,296.01 cash in the bank (as seen in a statement by the Governor’s aide, Taiwo Adisa, which was sent to Naija Buzz News).

According to the statement, the governor has $30,056.99; N2,624,800,500 in properties and household items; $4,400,000 in properties and household items in the United States of America; R4,400,057,550.04 in properties and household items in South Africa.

He has nine buildings in Nigeria, two in the United States of America (one among which is jointly owned) and one in South Africa.

Others are his companies; 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, all worth about N48,150,736,889, with 33,730,000 units of shares.

His companies also have additional assets denominated as loan notes to the tune of N3.389billion.

Makinde has Eurobond worth $3,793,500 and other shares, debentures and securities worth N120,500,000.

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  1. Pingback: CCB to verify Governor Makinde’s N48billion assets - Naija Buzz News

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