Erstwhile Governor of Ekiti State, Ayo Fayose has released a copy of a payment memo proving that the Federal Government released a ₦50b intervention fund to the Oyo State government to ameliorate the impact of an explosion that wrecked parts of Bodija, Ibadan in 2024.

The Oyo State Government has never publicly acknowledged receipt of the fund and has dragged its feet in providing succour to victims of the explosion caused by explosives kept in a house by a mining company.

The Oyo State Governor, Seyi Makinde, who also yesterday denied ever getting the money, dared Fayose to release any evidence he had showing his government received the Federal grant.

Today, Fayose dramatically released his evidence along with a statement. The statement reads:

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