Tell Us How You Come About It – Oyo APC
From Bola ogunlayi, ibadan
Oyo State Governor, Engr. Seyi Makinde as taking an uncommon lead in his drive to open up a new vista in public governance, Makinde demonstrated this by publicly declared his assets on Monday, saying that it was in fulfillment of a personal promise he made during the elections. He spoke at the office of the Code of Conduct Bureau (CCB) in Ibadan
The assets declaration form, marked OYSE/2019/001 contained details of cash at hand, in the bank, landed properties (developed and undeveloped), household items, share and bonds owed by the Governor, his wife, Omini Makinde as well as his companies.
Cash at hand and in the bank (Naira)- N234, 742,296. 01, Cash in foreign currency (Dollars) – $30,056.99
Properties (developed & undeveloped) and household items – N2, 624,800,500(two billion, six hundred and twenty-four million, eight hundred thousand, five hundred Naira as at the date of asset declaration.
In Dollar terms, the Governor also declared properties, developed and undeveloped as well as household items valued at $4,400,000 (four million, four hundred thousand dollars only.
In South African Rands, the Governor declared buildings and household items worth four Million, four hundred and fifty-seven thousand, five hundred and fifty-four and four South African Rands.
The houses declared by the Governor include nine buildings in Nigeria, two in the United States of America and One in South Africa.
One of the properties in the United States is described as “jointly owned.”
The details showed the current value of Makinde’s companies stand at N48, 150,736,889 (forty-eight billion, one hundred and fifty million, seven hundred and thirty-six thousand, eight hundred and eighty-nine Naira), with 33, 730,000 units of shares as at May 28, 2019.
The Governor also has existing Bonds (Eurobond) worth $3, 793, 500 as well as shares, debentures and other securities valued at N120,500,000(One hundred and twenty million, five hundred thousand naira).
The companies listed by the Governor 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 asset declaration form indicated that Governor Makinde’s four companies have additional assets denominated as loan notes including Makon Engineering and Technical Services Limited(N1.7 billion); Makon Power System Limited(N148.4 million); Makon Oil and Gas Limited(N341 million); Energy Traders and Technical Services Limited(N1.159bn) totalling N3.389 billion.
Speaking with newsmen at the CCB office in Ibadan, Makinde said: “I came here to collect the photocopy of the form that I signed in fulfillment of the campaign promise to the people that I will declare my asset publicly and release the document to the public.
“I will encourage all the members of my cabinet to do the same thing but in as much they stay within the ambit of the law, I will encourage them to do the same.”
In a reaction to the bold step taken by the Governor of Oyo State, the All Progressives Congress (APC) in the State has asked the Governor to declare how he came about the declared wealth.
The state chairman of the party, Mr. Akin Oke, who spoke in a telephone interview with the News Agency of Nigeria in Iseyin on Tuesday.
“I don’t think I want to make comment on the issue, since I have no idea, but it raises a number of issues.
“He just declared what he has; how he came about the asset is not there,” Oke said.
The party leader said it would be too early to assess Makinde’s performance as governor, since he has so far spent just a few weeks in office.
“Going by my experience and exposure, I think it is too early to honestly assess a governor just after a few weeks office. I would rather wait till after 100 days or even after six months.
“To start assessing people after six weeks in office will be so unfair if one wants to be honest to his conscience,” he said