Governor Seyi Makinde of Oyo State has said that being a governor in the last four years has made him 10 to 12 per cent poorer.
The governor who will remain at the helm of affairs till 2027, having recently won his reelection in March, made the disclosure while addressing newsmen in Ibadan, the Oyo State capital, on Sunday, May 28.
He made it known that he has submitted his asset declaration form at the Code of Conduct Bureau (CCB) office in Ibadan on Friday.
Recall that the governor, on assumption of office in 2019, declared N48 billion worth of assets.
He said: “By law, I have to do declaration of assets at the end of my first tenure and before assuming office for the next tenure.
“So, I have gone to 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.
“You are all aware of my assets declaration for the first tenure.
“I can tell you that in the last four years, I’m poorer by 10 to 12 per cent.
“This is because I have not really have 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,” Makinde stated.
The deputy governor of Oyo State, Bayo Lawal, went with Makinde to submit his own assets declaration form.
In compliance with Paragraph 11 Part 1 to the fifth schedule of the 1999 Constitution of the Federal Republic of Nigeria, a governor is mandated to declare his assets at the end of the first tenure.
Meanwhile, the inauguration of Makinde as the Executive Governor for the second term will hold on Monday, May 29, at the Obafemi Awolowo Stadium, Oke-Ado, Ibadan.












