Governor Seyi Makinde of Oyo State has said he is poorer by 10 per cent in the last four years as governor of the state.
Makinde stated this on Sunday while speaking with newsmen in Ibadan.
He informed the media that he submitted his Asset Declaration form at the Code of Conduct Bureau office, situated on State Secretariat, Total Garden Road, on Friday in Ibadan.
According to the News Agency of Nigeria (NAN), Makinde, on the assumption of office in 2019, declared N48 billion worth of assets.
Makinde, who did not make know details of his assets, however, told newsmen that the details would be made known to the public later.
NAN reports that 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.
“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 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.
“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 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,” Makinde said.
The state deputy governor, Bayo Lawal, was also present to submit his Assets Declaration form.
Meanwhile, the inauguration of Makinde as the Chief Executive Governor for the second term will come up on Monday at the Obafemi Awolowo Stadium, Oke-Ado, Ibadan.
In other news, Kanyi Daily reported that President Muhammadu Buhari on Sunday commended Nigerians for electing Bola Tinubu as his successor.
Buhari made the commendation in his farewell speech to Nigerians.