By Stephen Adeyinka, Ado Ekiti
Sunday December 28, 2025
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A former Ekiti State Governor, Ayo Fayose, on Sunday released what he described as documentary evidence to support his claim that the Oyo State Governor, Seyi Makinde, received N50 billion from the Federal Government as a special intervention fund following the January 2024 explosion in Ibadan.
But the document, a memo from the Office of the Accountant-General of the Federation, contradicted Fayose’s claim meaning that the former governor’s claim is outright falsehood and utter rubbish.
The memo, captioned: “Re-Request for Special Intervention Funds,” was directed to the Minister of Finance to draw his attention to the various requests for special intervention funds by some state governments, totaling N915.5 billion.
The memo read: “Honourable Minister, it is pertinent to state that due to the very low cash position of the Special Accounts from where these requests are to be met, these requests could not be met in spite of their age (some were received as far back as 1st quarter of the year).”
The third paragraph of the memo, however, said not all the funds had been released.
It said: “The Honourable Minister may wish to further note from the schedule that the sum of N450.7 billion was disbursed, leaving an outstanding balance of N464.7 billion as outlined below.”
The N50 billion request by Oyo State was number one on the list of outstanding balance yet to be released.
It would be recalled that an aide of the Oyo State governor had challenged Fayose to show proof of the N50 billion claim on Saturday.
Fayose made his document public on Sunday in a statement accompanied by a screenshot of the memo from the Office of the Accountant-General of the Federation.
He further said he was compelled to release official document despite his reluctance to do so in the interest of transparency and public accountability.
“Even though it is not in my character to go public with official government documents, I had to do this so Nigerians will know who is saying the truth and who has not been sincere with the people of Oyo State,” he said.
The former governor said that Makinde’s alleged disclosure of details from a private meeting with President Bola Tinubu made fuller public disclosure necessary.
He challenged the governor to take legal action if he believed the allegations were false, insisting that he had sufficient proof to defend his claims.
He said: “I challenge Governor Seyi Makinde to sue me on this.
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