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Fayose Releases Evidence Of Alleged N50bn Payment To Makinde

Ijeoma by Ijeoma
December 28, 2025
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Former Ekiti State Governor Ayodele Fayose has released documents that he claims prove 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 following the deadly explosion that took place in Ibadan in January 2024.

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Governor Makinde had earlier denied the allegation and challenged Fayose to provide evidence.

In reaction, Fayose published the documents and alleged that only N4.5 billion from the money was given to people affected by the explosion.

He further claimed that the remaining amount was allegedly channelled towards supporting Makinde’s supposed plan to contest for the presidency.

In a statement personally signed by him, Fayose explained that he decided to make the documents public so that Nigerians could judge for themselves whether the Oyo State Government had been sincere.

Fayose also challenged Makinde to take legal action against him, insisting that there are records indicating that other financial assistance sent to Oyo State by the Tinubu administration was never made known to the public.

In addition, Fayose alleged that he has documents showing the actual Internally Generated Revenue of Oyo State, which he claimed is different from what the governor has publicly declared.

He added that he is confident about his assertions and would not make such allegations without proof, stating that he still has more documents which he may release if necessary.

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 is documentary evidence 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.”

Tags: Ayodele FayoseN50bn PaymentSeyi Makinde
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