₦airaland Forum

Sound accounting.

Makinde says I have deployed Oyo state funds to the purpose. So it doesn't make sense to be accusing him of withhold it while victims suffer. The same way states spend their funds to repair Federal roads before FG reimbursement, he has addressed the situation with State's funds.

hush15:
Deny what? He never denied it. Why are Nigerians like this, creating lies after lies to support a con federal government.

Must you comment

You are asking why are Nigerians like this instead of asking yourself why is your life like this?

You are supporting the gentle devil that kept money given by an opposition government to help indigenes affected by an explosion in his state.

The penchant land grabber of Oyo state is talking. Believe this at your peril.

Ecstasy154:
For: Oyo State Government

Validated:
Okay, he should blow it like Tinubu. The money will be used to buy votes in Oyo and Osun states in 2027. That is 2 states down against Tinubu 2027.🤩
Fayose in the mud.

Did you understand what you read? Do you even understand what is going on. What was the money meant for? So the money is to be kept. Let us call a Spade a spade. Seyi is not straightforward at all. He is not different or better than other politicians. They are all the same.

So if fayose hadn't raise the issue we would not have even known FG disbursed any fund for such emergency. Naija politician will never die well.

Yelight:
But you people already said he has used the money for his personal purpose.

So you think the money is kept somewhere? You must be kidding. He is trying to safe face. Makinde is just like any other politician. What was the purpose of the money? To be kept till eternity? Hmmmmmm. I don't know how some people think. Is it because you love Makinde or what? The money was not given to him last month now.

VanuatuWycombe:
Hope this is not an #Oluwole? This thing looks #Dagboish.

He thinks all Nigerians are as dull as he is.

So, no single kobo added to the money or deducted from it as charges? Just 30B as it was deposited since Nov. 2024?

Bros, e wá iró míràn pa now.

Why not display the whole statement, since it’s only a single transaction that’s in it? It shouldn’t be more than a page statement.

Oni’ro told us to go and ask from bank, as if bank will allow us have access to the account. There’s duty of secrecy on bank customers’ account, except if the bank is trying to defend itself in a court of law, or it is compelled by competent court of law to disclose such, or the client itself allows the bank to disclose it.

If Oyo State Government wants the general public to have access to this newly-opened account, it should also, publicly, publish a mandate that gives anybody access to that account.

Why keep the money unused, in the first instance? That’s if it hasn’t been used at all.

Could it be that it’s for someone to later on withdraw or go home with? Or is a fixed deposit account, on which interested yielded os being rolled over, for someone to pack later?

There are a lot to this than we think.

Obviously it’s a cover up statement of account, for good 13 months no single kobo is added or removed, no money in the account before and no money is added to it.
Keeping the money for what?

All these shalaye doesn't make sense. How can you keep money meant for the welfare of the people in the back since 2024?
Do you want to outdo tinubu in official sleaze?
This is all shades of wrong.

eminemkayc:
Once again, deposits into current accounts do not yield any interest on the figures!!

This is true, if you don't move the money. I did a couple of transactions and Gtb removed N35k as charges for this past December.

But the point is that there are always little little charges of N50 and N120 that no one understands that current account owners face. Your money no fit complete sha, except no be Nigerian bank.

But maybe this is lodged into a special account. It's possible.

Aprocco:
Sound accounting.

Makinde says I have deployed Oyo state funds to the purpose. So it doesn't make sense to be accusing him of withhold it while victims suffer. The same way states spend their funds to repair Federal roads before FG reimbursement, he has addressed the situation with State's funds.

Mtchewwwwwwwwww

SmartyPants:
In this period when the CBN rate has been at circa 30%

Oga, let's give him the benefit of a doubt.

I no fit comment because I no truly understand am finish.

Yesyoudidit:
Dear Governor Seyi, can you show us the interest that has accrued on the deposit for two years too?

Which interest ... money wey them don embezzle finish.....if u put 30 naira for place con use 4.5naira from inside ...e go still remains 30naira 🙄

WesleyPepper:
Untouched ke😂😂😂😂
Nah so nah
Money meant to compensate victims was kept somewhere. To what intent and purpose please
Seyi Makinde is definitely that man Obi has been taking advice from

Humans are something else... Disaster happened, money was approved for victims hospital bills and rebuilding of properties affected.
The state Governor for no reasons decides to hold the money down for over 2 years... What level of selfishness and lack of human sympathy is this?

He was holding the money down for FG to forget it and he steal it.... To think he might not be the first to do this is more worrisome

Since November 2024, the money has not been generating any interest.

If the 30 billion naira had been placed in an interest-bearing account, such as the Access Bank HIDA savings account with a 6 percent rate, from the time it was released in November 2024, it would have earned more than one billion naira in interest by now.

Yesyoudidit:
Dear Governor Seyi, can you show us the interest that has accrued on the deposit for two years too?

Do you guys read before you comment or you just want to advertise your literacy level

Ashirioluwa:
Since November 2024, the money has not been generating any interest.

If the 30 billion naira had been placed in an interest-bearing account, such as the Access Bank HIDA savings account with a 6 percent rate, from the time it was released in November 2024, it would have earned more than one billion naira in interest by now.

Who keeps corporate money in a saving account
Why are you guys showing so much ignorance like this?
Oga o. Nigerians are becoming something else

fuckJones:
Why are you keeping the money? Do you want to use it to push for you presidential ambition

Can't you read?
The money was released in November

Where's Nauttyprof

TheBizGenius:
This is true, if you don't move the money. I did a couple of transactions and Gtb removed N35k as charges for this past December.

But the point is that there are always little little charges of N50 and N120 that no one understands that current account owners face. Your money no fit complete sha, except no be Nigerian bank.

But maybe this is lodged into a special account. It's possible.

This is a perfect response. However, there is no special account with the specified bank above as I am deeply knowledgeable about its product. No interest accrues on a typical current account with that bank. The narrative in the image file is clear on the nature of, and type of account opened, as being a current with no special feature. As regards your submission, you are perfectly correct. The figure representing the balance on the current account is expected to decrease (not increase or remain constant for the period under review) due to frivolous bank charges associated with this class of account such as account maintenance charge, etcetera

You got 30 Billion out of 50 but declared 4.5 billion?. It's unbelievable how criminally our leaders can be 😭😭😭

Validated:
Okay, he should blow it like Tinubu. The money will be used to buy votes in Oyo and Osun states in 2027. That is 2 states down against Tinubu 2027.🤩
Fayose in the mud.

This money was released to ameliorate the sufferings of the victims. Two tears after, the money is staying idle why the masses who were affected carry on their cross
Seyi Makinde is wicked, callous and evil

Kindledlight:
Must you comment

You are asking why are Nigerians like this instead of asking yourself why is your life like this?

You are supporting the gentle devil that kept money given by an opposition government to help indigenes affected by an explosion in his state.

IN THE PAST, MANY STATE GOVT INCLUDING THE ERA OF FAYOSE ADMINISTRATION HAS SPENT STATE FUNDS ON FEDERAL GOVERNMENT ROADS AND OTHER PROJECT WITH AN MOU TO GET REFUNDED BY THE FEDERAL GOVERNMENT...

MY QUESTION IS WHY IS THE SITUATION OF OYSG DIFFERENT CONSIDERING THE EXPLANATION GIVEN BY SAYING MAKINDE.. HE SAID ABOUT 25 BILLION HAVE BEEN SPENT ON INTERVENTIONS FOR REBUILDING , COMPENSATIONS AND LOGISTICS.

IN MY OPINION, THE INITIAL 30BILLION RELEASED IS JUST TO REFUND THE STATE TREASURY WHILE THE OYSG IS PUSHING FOR THE BALANCE...

WHILST I AGREE THAT SEYI SHOULD BE PREPARED TO MAKE MORE CLARIFICATIONS, I STILL THINK THE OYSG HAVE NOT DEVIATED FROM HER SOCIAL RESPONSIBILITY

TheBizGenius:
I have been laughing at this since.

You deposited N30bn in an account with a commercial bank and it didn't accrue interest for years?

The statement na still 1 line item like the day you lodged it in? E no reduce, e no increase. Na inside central bank vault you lodge am?

Make I just keep quiet sha.

Na special account na.... E nor dey minus e nor dey plus.. and I even thought they said they have used 4.5b from the money..so how come e remains 30b...? ☺️

press9jatv:
Ẹjọ, money was deposited in November 2024 and we are in January 2026, will you like to tell us interest ti o ti yield, abi na arrangee?

If you believe FG would send money for explosion since November 2024 and it would truly remain untouched till January 2026 laise owo ori esu, you can believe anything in this world 🤣🤣. How can a state government deposited 30 billion in a bank for over a year untouched without yielding interest? You mean we just deposited money to the bank for them to be using to run their business? Na state owned bank?

Money received for a purpose in November 2024 and another money was removed from the state purse to carry out the same project and we see graduates defending this rubbish?

When was the project carried out? Before November 2024 or after? If it was before, what happened for more than one year that the money has not been returned? If it was after, why removing from state purse when you have money from FG already?

Nigeria is so unlucky not with only leaders but citizens. We have many unpatriotic, selfish citizens that can defend anything for their own interest in this country.

Cry oh nation because your tears is not enough.

This your long story , you will think you are smart ....but look at your ignorance below

Incident happened in January, FG send money in November , do you think the State Govt wil wait for that long before doing something about it ? See your ignorance number 1 , secondly the state govt did everything needed to be done immediately the incidence happened and by August , the people of Oyo state had forgotten about the incident , go there yourself and verify , you will not know that bomb blast happened in that location , that location is still the most expensive location in Oyo state

2 all govt account are current account , govt don't open savings account
Charges don't applied to govt account at the same time , current account does not earn interest but because majority people on this platform don't really know anything pass what they tell them in the WhatsApp group, they are busy looking for interest in a current account

Go and get full education pls

Offpoint1:
Humans are something else... Disaster happened, money was approved for victims hospital bills and rebuilding of properties affected.
The state Governor for no reasons decides to hold the money down for over 2 years... What level selfishness and lack human sympathy is this?

He wasn't holding the money down for FG to forget it and he steal it.... To think he might not be the first to do this is more worrisome

Seyi Makinde is heartless, callous, evil and wicked

Jd10k:
You got 30 Billion out of 50 but declared 4.5 billion?. It's unbelievable how criminally our leaders can be 😭😭😭

I thought I was the only one that read that part ....

The Oyo state government has spent 24billion of its money already. The FG should disbursed what has been approved. The ball is in the federal government's court

HgAkpobomeEr:
The Oyo State Government should utilize the funds and seek for the balance later.

If Makinde is truly smart as he claimed (because I like him, though I am disappointed that a youth like him has shamed us. We are no different from the corrupt elders we blame daily), he should have apologised to the people of Oyo State, the Victims of the explosion, the FG and Nigerians at large. There is no other way to go about this one than increasing the gravity of the wrong doing with all these ridiculous cover-ups.
When you are caught, you are caught. Accept your fault and beg for forgiveness rather than all these arrogance and show of shame. In saner countries, you will be forced to resign your position or might even face prosecution based on the intent to divert.

jogojogo:
This money was released to ameliorate the sufferings of the victims. Two tears after, the money is staying idle why the masses who were affected carry on their cross
Seyi Makinde is wicked, callous and evil

Have you been to the place ? Go check it. It's the most expensive place in Ibadan, you people stay on the internet and spew rubbish, go check the renovation that was done there
You will not believe bomb blast happened there , if you have Anyone in Ibadan tell them to snap the place and send to you so u can have wisdom

4billion was a direct relief fund for the victims. The vast amount is meant for reconstruction of Bodija. Please read and analyse properly

Reloadedisraelp:
I thought I was the only one that read that part ....

eminemkayc:
This is a perfect response. However, there is no special account with the specified bank above as I am deeply knowledgeable about its product. No interest accrues on a typical current account with that bank. The narrative in the image file is clear on the nature of, and type of account opened, as being a current with no special feature. As regards your submission, you are perfectly correct. The figure representing the balance on the current account is expected to decrease (not increase or remain constant for the period under review) due to frivolous bank charges associated with this class of account such as account maintenance charge, etcetera

This does not pass the smell test. Can GSM provide a history of all transactions on the account or just simply show us a statement of the account dating back to a year ago. I have known this guy to be a land grabber and a thief. Fantanstically currupt. Again, as long as he pays people at the secretariat and pension, he is the best. N30Billion just sitting in a current account . year right!

Is 1st bank not paying interest?

jogojogo:
Seyi Makinde is heartless, callous, evil and wicked

Stop spewing rubbish.the state govt already fix the problem , the money from FG drop in November but by August we in Ibadan self have already forgotten about it as matter of fact , the bomb blast help cos complete renovation happened there