Former Ekiti State Governor, Ayodele Fayose, has released a document he claims shows that Oyo State Governor, Engr. Seyi Makinde, received ₦50 billion from the Federal Government as intervention funds following the January 2024 Ibadan explosion.
Fayose made the allegation during a recent national television interview, insisting that the ₦50bn was released to Oyo State but allegedly diverted, leaving only ₦4.5 billion disbursed to victims of the explosion.
Following Governor Makinde’s response challenging Fayose to provide evidence of such payment, the former Ekiti governor on Sunday published a memo which he described as proof of his claim.
What Egalitarian Voice Verified
A review of the document released by Fayose and verified by Egalitarian Voice Media shows that the memo in circulation is a request for ₦50bn intervention funds, not an approval memo nor a payment confirmation.
The document does not:
- Indicate Federal Executive Council (FEC) approval
- Contain a payment schedule
- Show credit advice or disbursement records
- Confirm that the ₦50bn entered Oyo State government accounts
As of the time of filing this report, there is no publicly available evidence confirming that the Federal Government approved or released the ₦50bn allegedly requested.
Fayose’s Position
In his statement, Fayose maintained that:
- Oyo State received ₦50bn as intervention funds
- Only ₦4.5bn was released to victims
- The remaining funds were allegedly diverted
He possesses additional documents on other intervention funds and Oyo State’s IGR, which he claims he may release later
Fayose Releases Evidence of N50bn Governor Makinde Got From FG For Ibadan Explosion Victims
He also challenged Governor Makinde to seek legal redress if his claims were false.
Makinde’s Camp Yet to Respond
As of press time, Governor Seyi Makinde’s camp has not issued a detailed response addressing the specific document released by Fayose, beyond earlier denials of receiving the alleged ₦50bn.
Conclusion
Based on documents currently available and verified:
✔️ There is evidence of a request for ₦50bn
❌ There is no verified evidence of approval or payment of the ₦50bn
Egalitarian Voice will continue to monitor the situation and provide updates as more evidence emerges or as Governor Makinde’s camp responds with official clarification.
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