Gov Makinde makes asset public, declares N50 billion

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Oyo State Governor, Seyi Makinde, on Monday, released details of his assets as contained in the Code of Conduct Bureau 1 declared at the High Court of Oyo State on May 28, 2019, indicating that he was worth about N50bn in assets at that time.
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According to details of the asset form, the governor had cash at hand and in the bank worth N234, 742, 296.01. In dollar terms, he has cash valued at $30,056.99 as at May 28, 2019.
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Properties, including the developed and undeveloped as well as household items indicated on the asset forms, showed that the governor is worth N2, 624,800,500.
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The governor also declared properties, developed and undeveloped as well as household items valued at $4,400,000.
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He also declared buildings and household items worth four million, four hundred and fiftyseven thousand, five hundred and fifty-four and four South African Rands.
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The houses declared by the governor include nine buildings in Nigeria, two in the United States of America and one in South Africa.
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The details showed the current value of Makinde’s companies stand at N48, 150,736,889, with 33, 730,000 units of shares as of May 28, 2019.

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