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₦300 Billion Loan: Oyo Assembly Brands APC’s Shittu Absentee Lawmaker - Politics - Nairaland

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₦300 Billion Loan: Oyo Assembly Brands APC’s Shittu Absentee Lawmaker by adenigga(op): 4:24am On Aug 29, 2025
Lawmakers in the Oyo State House of Assembly have described one of their colleagues, Ibraheem Shittu, as an absentee lawmaker.

The lawmakers noted that Shittu rarely attends plenary sessions.

They made these assertions in a statement jointly signed by the Majority Leader, Sanjo Adedoyin, and the Chairman, House Committee on Information, Media, Public Affairs and ICT, Waheed Akintayo.

The statement was made available to DAILY POST on Thursday in Ibadan, the state capital.

Shittu, who represents Saki West State Constituency on the platform of the All Progressives Congress, APC, had on Wednesday raised the alarm that the Assembly had secretly approved a loan of three hundred billion naira for Governor Seyi Makinde.

The APC lawmaker claimed that he was not informed about the meeting.

Shittu, in the statement obtained by DAILY POST, also said that the loan was approved while members were on recess.

But Adedoyin and Akintayo, in their joint statement, described Shittu’s claims as misleading.

The duo, both members of the state’s ruling Peoples Democratic Party, PDP, said the alarm raised by Shittu reflected his complete disconnect from legislative responsibilities.

They described the APC lawmaker as an absentee legislator who rarely attends plenaries.

They maintained that Shittu’s attendance at plenary sessions is poor compared to others, and further claimed he is the least active member of the 10th Assembly.

In the statement issued on behalf of the Assembly, they argued that the APC lawmaker has failed his constituents and betrayed the legislative mandate entrusted to him.

According to the statement: “His absence extended to all previous oversight duties and committee assignments, where his contributions are either non-existent or irrelevant.”

They concluded by advising him to redirect his energy towards becoming a functional legislator.
Source: https://dailypost.ng/2025/08/28/n300bn-loan-oyo-assembly-brands-apcs-shittu-absentee-lawmaker

Re: ₦300 Billion Loan: Oyo Assembly Brands APC’s Shittu Absentee Lawmaker by yemmybx(m): 4:35am On Aug 29, 2025
Why would a lawmaker be absent from his or her duty post?
Re: ₦300 Billion Loan: Oyo Assembly Brands APC’s Shittu Absentee Lawmaker by Inspirer1: 5:41am On Aug 29, 2025
That's why biometric attendance capturing is necessary, that cam be used as evidence for or against him
Re: ₦300 Billion Loan: Oyo Assembly Brands APC’s Shittu Absentee Lawmaker by Jamiubond009(m): 5:42am On Aug 29, 2025
They should continue borrowing . He who goes borrowing goes sorrowing
Re: ₦300 Billion Loan: Oyo Assembly Brands APC’s Shittu Absentee Lawmaker by inoki247: 5:45am On Aug 29, 2025
Lol abi na the Loan the Governor use go enjoy him Leave and Vacation....
Re: ₦300 Billion Loan: Oyo Assembly Brands APC’s Shittu Absentee Lawmaker by SonOfWords(m): 5:46am On Aug 29, 2025
grin grin.

That Makinde be doing wonderful abracadabra in the Oyo government house. Very quiet thief!

At the end of the day, there's no difference between PDP and APC. They're all rooted in colossal corruption.
Re: ₦300 Billion Loan: Oyo Assembly Brands APC’s Shittu Absentee Lawmaker by Iamdboss: 5:47am On Aug 29, 2025
Inspirer1:
That's why biometric attendance capturing is necessary, that cam be used as evidence for or against him
No system is perfect, such record can easily be deleted from backend
Re: ₦300 Billion Loan: Oyo Assembly Brands APC’s Shittu Absentee Lawmaker by Olamideayomide(m): 5:48am On Aug 29, 2025
We know their plans to tarnish the image of the governor, so that it will look as if he wants to collect the money as tae home and people will hate the current ruling party which is PDP but you are deceiving yourself APC.
Re: ₦300 Billion Loan: Oyo Assembly Brands APC’s Shittu Absentee Lawmaker by sleeknaija(m):
All these politicians with their back and forth strategies.
Re: ₦300 Billion Loan: Oyo Assembly Brands APC’s Shittu Absentee Lawmaker by ajbabs(m): 5:53am On Aug 29, 2025
Seriously
Not enough original content
Please take a moment to write a quality post with at least 40 characters.
This will make the forum more interesting for everyone.
Re: ₦300 Billion Loan: Oyo Assembly Brands APC’s Shittu Absentee Lawmaker by Flier: 6:00am On Aug 29, 2025
For us to move forward,we need 20 years tenure 30yeaes tenure for political office holders,democracy isn’t the best system of government
It’s a system where everyone come to loot his own every 4-8 years,just look at those autocratic countries,they are infact better than Nigeria and even better than USA
Just look at Middle East countries they were Better off with autocratic government than when USA introduced democracy to them
Re: ₦300 Billion Loan: Oyo Assembly Brands APC’s Shittu Absentee Lawmaker by seunlayi(m):
I knew these rubbers stamp parliamentarians will hit back on this guy for taking him stand against them and their god. In a short while, the truth will be out .

BREAKDOWN OF LOANS APPROVED FOR OYO STATE UNDER GOVERNOR Seyi Makinde
2019

Jul 2019 – ₦10bn (infrastructure loan). Approved by OYHA to fund priority infrastructure.

Oct 2019 – ₦7.6bn (CBN agriculture facility). To upgrade Akufo & Eruwa farm settlements into modern farm estates.

2020

May 19, 2020 – ₦20bn (contractor-financing facility). From First Bank to support priority projects amid revenue shortfalls; plus ₦2.5bn CBN health intervention for COVID-19 response & health upgrades.

Aug 24, 2020 – ₦100bn “Oyo Prosperity Bond.” For major infrastructure, incl. roads and works across the state.

Oct 2020 – ₦22.5bn (multi-purpose facility). For UBEC counterpart funding, SUBEB projects, health, and security/official vehicles.

2021

Aug 2021 – ₦6bn (credit facility). Approved by OYHA (report did not specify detailed line-items).

Oct 2021 – ₦18.7bn (FG bridge facility). Federal bridge loan to cushion financing gaps; approved at emergency sitting.

2022

Jun 2022 – ₦2bn (additional credit facility). Approved by OYHA (report did not specify detailed line-items).

2023

Apr 6–7, 2023 – ₦50bn (contract-finance facility). To fund new & ongoing road/infrastructure projects; 2–4% over 48 months.

May 24, 2023 – ₦2bn (Fidelity Bank facility). For infrastructure; repayable over 36 months from IGR.

Sept 6, 2023 – ₦50bn (revolving overdraft). For recurrent & capital expenditure; ~45-month tenor (reports cite ~21–25% rate).

2025

Mar 2025 (reported) – ₦200bn (new facility). Approval reported to refinance an existing commercial-bank loan.

Jul 14–15, 2025 – €55 million (French Treasury concessional loan). For Oyo State Healthcare Project VI (statewide health reforms).

Aug 19 & 26, 2025 – ₦300bn (alleged approval during recess). Contested. Opposition lawmaker Hon. Shittu Ibraheem says the House secretly approved this in emergency sittings while on recess; media reports highlight his allegation and the dates. The Executive/House have not (as of today, Aug 27, 2025) publicly issued full terms; treat as allegation pending official documentation.

---

Quick totals (confirmed approvals only, excluding the contested ₦300bn)

2019: ₦17.6bn

2020: ₦145bn (₦20bn + ₦2.5bn + ₦100bn + ₦22.5bn)

2021: ₦24.7bn (₦6bn + ₦18.7bn)

2022: ₦2bn

2023: ₦102bn (₦50bn + ₦2bn + ₦50bn)

2025: ₦200bn + €55m

#HoldYourGovernorsResponsible
Re: ₦300 Billion Loan: Oyo Assembly Brands APC’s Shittu Absentee Lawmaker by LibertyRep: 6:50am On Aug 29, 2025
...and yet the claim was nit debunked.

Grated he is an absentee lawmaker, una true true approve #300B or not?
Re: ₦300 Billion Loan: Oyo Assembly Brands APC’s Shittu Absentee Lawmaker by muyico(m): 6:52am On Aug 29, 2025
seunlayi:
I knew these rubbers stamp parliamentarians will hit back on this guy for taking him stand against them and their god. In a short while, the truth will be out .

BREAKDOWN OF LOANS APPROVED FOR OYO STATE UNDER GOVERNOR Seyi Makinde
2019

Jul 2019 – ₦10bn (infrastructure loan). Approved by OYHA to fund priority infrastructure.

Oct 2019 – ₦7.6bn (CBN agriculture facility). To upgrade Akufo & Eruwa farm settlements into modern farm estates.

2020

May 19, 2020 – ₦20bn (contractor-financing facility). From First Bank to support priority projects amid revenue shortfalls; plus ₦2.5bn CBN health intervention for COVID-19 response & health upgrades.

Aug 24, 2020 – ₦100bn “Oyo Prosperity Bond.” For major infrastructure, incl. roads and works across the state.

Oct 2020 – ₦22.5bn (multi-purpose facility). For UBEC counterpart funding, SUBEB projects, health, and security/official vehicles.

2021

Aug 2021 – ₦6bn (credit facility). Approved by OYHA (report did not specify detailed line-items).

Oct 2021 – ₦18.7bn (FG bridge facility). Federal bridge loan to cushion financing gaps; approved at emergency sitting.

2022

Jun 2022 – ₦2bn (additional credit facility). Approved by OYHA (report did not specify detailed line-items).

2023

Apr 6–7, 2023 – ₦50bn (contract-finance facility). To fund new & ongoing road/infrastructure projects; 2–4% over 48 months.

May 24, 2023 – ₦2bn (Fidelity Bank facility). For infrastructure; repayable over 36 months from IGR.

Sept 6, 2023 – ₦50bn (revolving overdraft). For recurrent & capital expenditure; ~45-month tenor (reports cite ~21–25% rate).

2025

Mar 2025 (reported) – ₦200bn (new facility). Approval reported to refinance an existing commercial-bank loan.

Jul 14–15, 2025 – €55 million (French Treasury concessional loan). For Oyo State Healthcare Project VI (statewide health reforms).

Aug 19 & 26, 2025 – ₦300bn (alleged approval during recess). Contested. Opposition lawmaker Hon. Shittu Ibraheem says the House secretly approved this in emergency sittings while on recess; media reports highlight his allegation and the dates. The Executive/House have not (as of today, Aug 27, 2025) publicly issued full terms; treat as allegation pending official documentation.

---

Quick totals (confirmed approvals only, excluding the contested ₦300bn)

2019: ₦17.6bn

2020: ₦145bn (₦20bn + ₦2.5bn + ₦100bn + ₦22.5bn)

2021: ₦24.7bn (₦6bn + ₦18.7bn)

2022: ₦2bn

2023: ₦102bn (₦50bn + ₦2bn + ₦50bn)

2025: ₦200bn + €55m

#HoldYourGovernorsResponsible
Olusowo nih Jeh ere, do you know how much he spents before he get to that post? He must retains his 10 folds profits, if u re in that post?? U will do worst self, calculate Buhari and Tinubu loans record let c it??
Re: ₦300 Billion Loan: Oyo Assembly Brands APC’s Shittu Absentee Lawmaker by Moroccoguy: 6:54am On Aug 29, 2025
2027 election money has been approved only God can set us free from all the evil politicians that we have in Nigeria.
Re: ₦300 Billion Loan: Oyo Assembly Brands APC’s Shittu Absentee Lawmaker by helinues: 6:58am On Aug 29, 2025
Lonely rebel. You are O.Y.O.

Btw, consider the people you are representing
Re: ₦300 Billion Loan: Oyo Assembly Brands APC’s Shittu Absentee Lawmaker by Saao(m): 7:09am On Aug 29, 2025
yemmybx:
Why would a lawmaker be absent from his or her duty post?
just imagine your comments instead of focusing on the main issues raised by the lawmaker, you decided to comment on the distraction by the criminals lawmakers. 300b approved for the outgoing governor
Re: ₦300 Billion Loan: Oyo Assembly Brands APC’s Shittu Absentee Lawmaker by jamafa: 7:09am On Aug 29, 2025
Olamideayomide:
We know their plans to tarnish the image of the governor, so that it will look as if he wants to collect the money as tae home and people will hate the current ruling party which is PDP but you are deceiving yourself APC.
Tarnish who image??

U know how much DX current Oyo state government don borrow??
Re: ₦300 Billion Loan: Oyo Assembly Brands APC’s Shittu Absentee Lawmaker by jamafa: 7:15am On Aug 29, 2025
muyico:
Olusowo nih Jeh ere, do you know how much he spents before he get to that post? He must retains his 10 folds profits, if u re in that post?? U will do worst self, calculate Buhari and Tinubu loans record let c it??
Nah Tinubu and Buhari govern Oyo state??

Watin Oyo state get to service those loans??

Let hold our governors responsible
Re: ₦300 Billion Loan: Oyo Assembly Brands APC’s Shittu Absentee Lawmaker by seunlayi(m): 7:32am On Aug 29, 2025
muyico:
Olusowo nih Jeh ere, do you know how much he spents before he get to that post? He must retains his 10 folds profits, if u re in that post?? U will do worst self, calculate Buhari and Tinubu loans record let c it??
cheesy grin grin sebi na Engr? Lol, politics in Naija is purely business I swear
Re: ₦300 Billion Loan: Oyo Assembly Brands APC’s Shittu Absentee Lawmaker by tommy589(m):
Flier:
For us to move forward,we need 20 years tenure 30yeaes tenure for political office holders,democracy isn’t the best system of government
It’s a system where everyone come to loot his own every 4-8 years,just look at those autocratic countries,they are infact better than Nigeria and even better than USA
Just look at Middle East countries they were Better off with autocratic government than when USA introduced democracy to them
Except for USA, no developed country that started with democracy. To vote or be voted for in the then US nascent democracy you must qualified in selected professions or a landowner. It was not for all comers but mainly participants that had more to lose if anything goes wrong
Re: ₦300 Billion Loan: Oyo Assembly Brands APC’s Shittu Absentee Lawmaker by eherbal(m): 8:43am On Aug 29, 2025
The Voice of a lone wolf is soon dwarfed by the echoes of the majority pack.

-Eherbal 2025
Re: ₦300 Billion Loan: Oyo Assembly Brands APC’s Shittu Absentee Lawmaker by IBB007(m): 9:11am On Aug 29, 2025
lol…we know say two wrongs don’t make a right but Shey una approve loan or not
Re: ₦300 Billion Loan: Oyo Assembly Brands APC’s Shittu Absentee Lawmaker by IMPARTIAL: 9:20am On Aug 29, 2025
Whether he attends plenary oo, or whether he is the least active oo is immaterial. Let's face the crux of the matter:

Did you approve such an amount for the governor?
Re: ₦300 Billion Loan: Oyo Assembly Brands APC’s Shittu Absentee Lawmaker by Bluntemperor: 9:36am On Aug 29, 2025
muyico:
Olusowo nih Jeh ere, do you know how much he spents before he get to that post? He must retains his 10 folds profits, if u re in that post?? U will do worst self, calculate Buhari and Tinubu loans record let c it??
See Mumu talk and there is a saying ' A Slave may Not drop his Chain at a pot of Partridge'
Can your Governor - Be ACCOUNTABLE for All the Humongous NBILLIONS Money 🤑 Received- From Federation Accounts -on Quarterly ( Every 3- Months) Basis- on behalf of Oyo Sate- for these years ?
Some NIGERIANS will Remain On Same Spot For Poverty to destroy them!
See Mentality in above Comments!
Re: ₦300 Billion Loan: Oyo Assembly Brands APC’s Shittu Absentee Lawmaker by bixton(m): 9:42am On Aug 29, 2025
adenigga:
Source: https://dailypost.ng/2025/08/28/n300bn-loan-oyo-assembly-brands-apcs-shittu-absentee-lawmaker
This is the most weak submission, unintelligent statement and excuse for them to give regarding the loan approved by them for the State Governor.
Re: ₦300 Billion Loan: Oyo Assembly Brands APC’s Shittu Absentee Lawmaker by gtassure: 9:56am On Aug 29, 2025
Why are they deflecting, why aren't they telling us what they did with N300 Billion as it is put forward, as an allegation against them?
Re: ₦300 Billion Loan: Oyo Assembly Brands APC’s Shittu Absentee Lawmaker by kunle4toyeyaho: 10:19am On Aug 29, 2025
Olamideayomide:
We know their plans to tarnish the image of the governor, so that it will look as if he wants to collect the money as tae home and people will hate the current ruling party which is PDP but you are deceiving yourself APC.
Tarnish whose Image? Do you know the debt profile of the state?Our Governor is a propagandist.Apart from Salary payment which is his only viable project,can you list 5 major landmark projects of his administration?
Re: ₦300 Billion Loan: Oyo Assembly Brands APC’s Shittu Absentee Lawmaker by Mistersolar: 12:11pm On Aug 29, 2025
standard lekan salami stadium,3 bus terminal at ojoo,iwo road nd challenge, the moniya to iseyin express, tho i dont support d loan
kunle4toyeyaho:
Tarnish whose Image? Do you know the debt profile of the state?Our Governor is a propagandist.Apart from Salary payment which is his only viable project,can you list 5 major landmark projects of his administration?
Re: ₦300 Billion Loan: Oyo Assembly Brands APC’s Shittu Absentee Lawmaker by muyico(m): 2:04pm On Aug 29, 2025
Odaa reports him to efcc, blow whistle?? Seems like u re novice in Nigeria politics game
Bluntemperor:
See Mumu talk and there is a saying ' A Slave may Not drop his Chain at a pot of Partridge'
Can your Governor - Be ACCOUNTABLE for All the Humongous NBILLIONS Money 🤑 Received- From Federation Accounts -on Quarterly ( Every 3- Months) Basis- on behalf of Oyo Sate- for these years ?
Some NIGERIANS will Remain On Same Spot For Poverty to destroy them!
See Mentality in above Comments!
Re: ₦300 Billion Loan: Oyo Assembly Brands APC’s Shittu Absentee Lawmaker by Cromagnon: 2:04pm On Aug 29, 2025
Iamdboss:
No system is perfect, such record can easily be deleted from backend
Paper and Biro can't be deleted o

Neither can block chain
1 2 Reply

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