Posted by Samuel on Sun 28th Dec, 2025 - tori.ng
According to Fayose, the money was approved as emergency support after the deadly explosion that occurred in Ibadan in January 2024.
Ayodele Fayose, a former Ekiti State Governor, has released documents he claims show that Oyo State Governor Seyi Makinde received ₦50 billion from the federal government under President Bola Tinubu.
According to Fayose, the money was approved as emergency support after the deadly explosion that occurred in Ibadan in January 2024.
Governor Makinde had earlier denied this accusation and challenged Fayose to provide proof.
In response, Fayose released the documents and claimed that only N4.5 billion from the funds was given to people affected by the explosion.
He alleged that the remaining money was used to support Makinde’s alleged plan to run for president.
In a statement he signed himself, Fayose said he made the documents public so Nigerians could decide for themselves whether the Oyo State Government has been truthful.
Fayose also dared Makinde to take legal action against him, while insisting that there are records showing that other financial support sent to Oyo State by Tinubu’s administration was never disclosed to the public.
Additionally, Fayose claimed he has documents revealing the true Internally Generated Revenue (IGR) of Oyo State, which he said is different from what the governor has publicly stated.
He added that he is confident in his claims and would not make such statements without evidence, saying he still has more documents he may release later if needed.
Fayose said: “Meanwhile, only N4.5bn was released to victims of the Ibadan Explosion. Rather, he diverted this fund and many others to his Presidential ambition, which is the reason for the crisis in the PDP and his attacks on President Bola Ahmed Tinubu and his government.
“Also, there are documentary evidences on the actual Internally Generated Revenue (IGR) of Oyo State, as against Governor Makinde’s claim, but we will keep our gunpowder dry for now. My name is still Ayo Fayose, I don’t say what I can’t prove.”