Sunday, December 28, 2025 - Former Ekiti State Governor, Ayodele Fayose, has shared documents he says prove that Oyo State Governor, Seyi Makinde, received N50 billion from the federal government led by 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.”


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