The former Governor of Ekiti State, Ayodele Fayose, has released documents to back his claims that the Governor of Oyo State, Seyi Makinde, received the sum of N50 billion from the federal government led by President Bola Tinubu, being the sum approved as emergency support after the deadly explosion that occurred in Ibadan in January 2024. Fayose alleged that only N4.5 billion from the funds was given to people affected by the explosion. He further alleged that the remaining money was set aside to support Makinde’s alleged plan to run for president.
Over the weekend, Governor Makinde had denied the accusation and challenged Fayose to provide proof.
Tendering the proof, Fayose said he made the documents public so Nigerians could decide for themselves whether the Oyo State Government has been truthful.
Read Fayose’s reply…
“Two days ago, I said on a national television that Oyo State under Governor Seyi Makinde got a sum of N50bn from the Federal Government as intervention on the January 2024 explosion in Ibadan.
Yesterday, the Governor responded by asking me to provide evidence that he received such money, and here is the evidence he asked for.
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.
Even though it is not in my character to go public with official government documents, I had to do this so that Nigerians will know who is saying the truth, and who has not been sincere with the people of Oyo State.
Most importantly, if as a governor, you have elected to go on national television to disclose part of what transpired in private meetings you had with the President, it becomes the duty of well-meaning Nigerians to give full disclosure.
Lastly, I challenge Governor Seyi Makinde to sue me on this. Let me also tell him that there are proofs of other intervention funds received from Tinubu’s administration by the Oyo State Government, which the governor refused to disclose to the people.
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.
Ayodele Fayose
Governor of Ekiti State
(2003 – 2006 and 2014 – 2018)
December 28, 2025
