Oyo State Governor, Seyi Makinde, has publicly declared his assets showing him worth over N48 billion.
A statement late Monday by the governor’s spokesman, Taiwo Adisa, said Mr. Makinde as at May 28, 2019, had cash at hand and in the bank worth N234, 742, 296.01.
The governor said he had fulfilled one of his campaign promises, and encouraged members of his team to do likewise.
According to the statement, the asset declaration form contained details of cash at hand, in the bank, landed properties (developed and undeveloped), household items, share and bonds owed by Makinde, his wife, and his companies.
As at same date, the governor also had cash valued at $30,056.99.
Properties, including the developed and undeveloped, including household items indicated on the asset forms were valued at N2, 624, 800, 500 as at same date.
In dollar terms, the governor also declared properties, developed and undeveloped as well as household items valued at $4, 400, 000.
In South African rands, the governor declared buildings and household items worth R4, 457, 554, 04.
The statement showed that Makinde owns nine buildings in Nigeria, two in the United States of America and one in South Africa.
Also, the current value of Makinde’s companies stand at N48, 150, 736, 889 with 33, 730, 000 units of shares as at May 28, 2019.
The companies owned by Makinde include 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.
The governor also has Eurobond worth $3, 793, 500 as well as shares, debentures and other securities valued at N120, 500, 000.
