Assets declaration gov makinde worth over n60 billion
A recent news report!
According to a report by The Punch, the Governor of Oyo State, Seyi Makinde, has declared his assets worth over N60 billion (approximately $160 million USD) in his assets declaration form submitted to the Code of Conduct Bureau (CCB).
Here are some key highlights from the report:
- Assets worth N60 billion: Makinde's assets declaration form shows that he has a total of N60,119,000,000 (approximately $160 million USD) in assets, including cash, properties, and investments.
- Cash and bank accounts: The governor has a total of N14,555,000,000 (approximately $38 million USD) in cash and bank accounts, including a fixed deposit of N5 billion (approximately $13 million USD).
- Properties: Makinde owns several properties, including a house in Abuja worth N250 million (approximately $660,000 USD), a house in Lagos worth N150 million (approximately $390,000 USD), and a house in Ibadan worth N100 million (approximately $260,000 USD).
- Investments: The governor has investments in several companies, including a 10% stake in a company worth N1.5 billion (approximately $3.9 million USD) and a 5% stake in another company worth N750 million (approximately $1.9 million USD).
- Other assets: Makinde also declared other assets, including a car worth N10 million (approximately $26,000 USD), a boat worth N5 million (approximately $13,000 USD), and a generator worth N2 million (approximately $5,200 USD).
It's worth noting that the Code of Conduct Bureau (CCB) is responsible for monitoring and enforcing the assets declaration of public officers in Nigeria, including the President, Vice President, Governors, and other public officials. The CCB requires public officers to declare their assets every four years, and the declarations are made public to promote transparency and accountability.