Seyi Makinde, the re-elected governor of Oyo State, has announced that he is poorer in terms of assets after serving the people of the state for the last four years.
Makinde stated that he had lost approximately 12% of the assets he listed when he was originally sworn in as governor of the State in 2019.
He explained that the loss was caused by his incapacity to manage and focus on his personal companies as a result of his management of Oyo State.
Makinde spoke to journalists shortly after filing his asset declaration form at the end of his first tenure and obtaining a new one ahead of his inauguration.
Despite losing his bid for a second term in office at the Oyo State Office of the Code of Conduct Bureau (CCB) on Friday, he claimed he had no regrets in serving the state.
He promised that the facts of the loss and his new assets would be made public as soon as possible.
“You are required by law to declare your assets upon taking office and at the end of your tenure.” Since one tenure is coming to an end, and by law, I must declare assets before taking office for the following tenure.
“So, I came in here to submit my end of tenure form for the first term, asset declaration, and to declare my asset at the start of the second tenure.”
“I assume you are all aware of my announcement for the first tenure. I can tell you that I am impoverished after four years. “I’m serious because I haven’t really had the time to look after my business; I’ve been looking after Oyo State business, and I’m not surprised that there have been losses here and there, but I’m still okay,” Makinde added.
Remember that on May 28, 2019, the governor declared in the Oyo State High Court that he was worth around N50 billion in