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Ibadan Explosion: Return FG’s N30 Billion With Interest – Fayose To Makinde - Politics (2) - Nairaland

Nairaland Forum › Nairaland General › Politics › Ibadan Explosion: Return FG’s N30 Billion With Interest – Fayose To Makinde (7769 Views)

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Re: Ibadan Explosion: Return FG’s N30 Billion With Interest – Fayose To Makinde by MaziObinnaokija: 5:43pm On Jan 02
grin GSM don chop FEDERAL GOVERNMENT MONEY COME 🪝 AM FOR THROAT
Re: Ibadan Explosion: Return FG’s N30 Billion With Interest – Fayose To Makinde by JOLLOFman(m): 5:46pm On Jan 02
Well, it has been disclosed that the money was disbursed in a current account ( No interest yields) secondly, victims and the Bodija infrastructures has been well attended to. Splashing the 30billion originally deposited in addition to 24billion already spent is unwise. Makinde is right to wait for FGs complete fund.
nedekid:
Oga I weak, even if Fayose is acting as an ass, anywhere money de belle face, stomach infrastructure, agbaya etc, makinde nko? As VDM says, trap they set for rat cannot catch cat. Why did makinde (I thought was a better person) decide to keep quite about the money keeping it in the bank instead of using it for the purpose intended? Is it a case of they are all bad but some like makinde are less bad than the others?
The excuse that the money was not spent because they was a balance of 20b does not hold water. What type of wickedness this our politicians have for God's sake?
30b in the bank for 18 months at 10% is even low, for that amount you will easily get 18%!
Let's take 16% which is what I currently get on FD ie in this case 30b will generate N390m monthly, or N7,020,000,000 (seven billion, and twenty million) in a period of 18 months just in interest! Chisos!!!
Over $4.8m for doing nothing! Clean sweet cash. Omo no wonder these politicians will kill to enter office.
Re: Ibadan Explosion: Return FG’s N30 Billion With Interest – Fayose To Makinde by Omoreal01: 5:47pm On Jan 02
All Nigerian politicians are thieves. These bastards steal the national wealth with their full chest!
Pakute:
https://dailypost.ng/2026/01/01/ibadan-explosion-return-fgs-n30bn-with-interest-since-you-didnt-spend-it-fayose-tells-makinde/
Re: Ibadan Explosion: Return FG’s N30 Billion With Interest – Fayose To Makinde by JOLLOFman(m): 5:48pm On Jan 02
How so? The said money is exactly where the FG sent it to.
MaziObinnaokija:
grin GSM don chop FEDERAL GOVERNMENT MONEY COME 🪝 AM FOR THROAT
Re: Ibadan Explosion: Return FG’s N30 Billion With Interest – Fayose To Makinde by fatosky1(m): 5:49pm On Jan 02
Fayose is just trying to leak Tinubu's ass. The money was not given from personal purse but from Disaster Fund managed by the Federal government. N50 billion was approved but N30b was released. The story behind the withheld balance is not queried.
Lagos state Governor, Babajide Sanwoolu collected N100 million dollars for land allocated for Dangote.
Summary: No politician is to be trusted with money. They stole without conscience and fear of God.
Re: Ibadan Explosion: Return FG’s N30 Billion With Interest – Fayose To Makinde by zoedew: 5:50pm On Jan 02
JOLLOFman:
The verified responses of the government has not been inconsistent. Fayose lied about 50billion given. 30billion disbursement came 11months after the incident. Oyo state government has spent 24billion already on the issue. If you find all these as inconsistent, you are the problem
Simple English language shows whether or not the responses are inconsistent.
Re: Ibadan Explosion: Return FG’s N30 Billion With Interest – Fayose To Makinde by JOLLOFman(m): 5:55pm On Jan 02
Na you lack information. 1. The said money was sent 11months after the incident and was incomplete
2. The state government had approved funds to settle the bills of victims and began rebuilding BEFORE FEDERAL GOVERNMENT DISBURSED IN NOVEMBER 2024
3.The state government was kept in limbo as to why 30billion instead of 50billion was sent and decided to continue using state money.
4.The money in the account is UNTOUCHED but surely will be deposited into the state account upon the completion of Bodija rebuilding (my reasoning)
5. I believe Seyi Makinde's approach was better for easier auditing.
6.There is no better transparency than this.
7. No other states mounted a podium to dance for Tinubu for receiving intervention funds.
DeLaRue:
The whole thing is just head-scratching stuff.

How can a Governor receive N30 billion for a specific human disaster, and not mention/announce it at all to the people of the state for nearly 2 years.

The way we are governed in Nigeria is baffling.
Re: Ibadan Explosion: Return FG’s N30 Billion With Interest – Fayose To Makinde by nedekid:
JOLLOFman:
Well, it has been disclosed that the money was disbursed in a current account ( No interest yields) secondly, victims and the Bodija infrastructures has been well attended to. Splashing the 30billion originally deposited in addition to 24billion already spent is unwise. Makinde is right to wait for FGs complete fund.
Bros kinde is a businessman, a big time contractor with oil companies, he is used to dealing with big money, oga no person on his level will keep 30b in a regular current account, interest is being paid openly or codedly.
Even an illiterate governor like that one in the south South will not do so not to talk of an educated, exposed, experienced businessman like kinde, it does not make sense, let's agree he was caught this time and he will not do it again, all those explanations is for kindergartens.
Imagine saying he placed it in regular current account, money that will earn 390m every month? haba!!
Re: Ibadan Explosion: Return FG’s N30 Billion With Interest – Fayose To Makinde by Emusan(m): 6:01pm On Jan 02
DeLaRue:
The whole thing is just head-scratching stuff.

How can a Governor receive N30 billion for a specific human disaster, and not mention/announce it at all to the people of the state for nearly 2 years.

The way we are governed in Nigeria is baffling.
He has the audacity to do so because he knows the person who secretly gave him the money has intention not for the victims and we never seek accountability on how the money was spent.
Re: Ibadan Explosion: Return FG’s N30 Billion With Interest – Fayose To Makinde by JOLLOFman(m): 6:01pm On Jan 02
Mr Man, 1. The initial intention would not be to keep the money idle. 2. The CBN created the account specially for that purpose 3. Try to listen first. Before you make your false conclusions
nedekid:
Bros Makinde is a businessman, a big time contractor with oil companies, he is used to dealing with big money, oga no person on his level will keep 30b in a regular current account, interest is being paid openly or codedly.
Even an illiterate governor like that one in the south South will not do so not to talk of an educated, exposed, experienced businessman like Makinde, it does not make sense, let's agree he was caught this time and he will not do it again, all those explanations is for kindergartens.
Imagine saying he placed it in regular current account, money that will earn 390m every month? haba!!
Re: Ibadan Explosion: Return FG’s N30 Billion With Interest – Fayose To Makinde by nedekid: 6:03pm On Jan 02
fatosky1:
Fayose is just trying to leak Tinubu's ass. The money was not given from personal purse but from Disaster Fund managed by the Federal government. N50 billion was approved but N30b was released. The story behind the withheld balance is not queried.
Lagos state Governor, Babajide Sanwoolu collected N100 million dollars for land allocated for Dangote.
Summary: No politician is to be trusted with money. They stole without conscience and fear of God.
Till today no accounting for that $100m, indigenes of that area said they were not aware, prominent Lagos people said the same. Where money go, we no know, if people ask, hungry people that have not eaten, neither did they taste inside the money will tell you to go and ask your own governor in the state you come from.
Re: Ibadan Explosion: Return FG’s N30 Billion With Interest – Fayose To Makinde by kennethesan(m): 6:11pm On Jan 02
Who is Fayose?

OBJ brought you back to limelight. Yet you don't see him as your father.

Fayose is past while Makinde is present...
Re: Ibadan Explosion: Return FG’s N30 Billion With Interest – Fayose To Makinde by nedekid: 6:11pm On Jan 02
JOLLOFman:
Mr Man, 1. The initial intention would not be to keep the money idle. 2. The CBN created the account specially for that purpose 3. Try to listen first. Before you make your false conclusions
https://ogbomosoinsightonline.com.ng/2026/01/01/why-we-didnt-touch-%E2%82%A630b-intervention-fund-oyo-govt-accuses-fg-of-insincerity/

“As of December 31, 2025, the N30 billion remains untouched in the Oyo State infrastructure account with the First Bank. Interested members of the public may verify this information with the bank"

Did cbn create the account in first bank?

Guess it is a misunderstanding on my part.
Re: Ibadan Explosion: Return FG’s N30 Billion With Interest – Fayose To Makinde by anonimi: 6:12pm On Jan 02
Pakute:
https://dailypost.ng/2026/01/01/ibadan-explosion-return-fgs-n30bn-with-interest-since-you-didnt-spend-it-fayose-tells-makinde/
Has Fayose returned the trillions he stole in eight years as Ekiti governor, when he failed to employ workers to make water available to all households, obviously inspired by the failure of the Lagos TAX monster planner in the same domain huh


https://www.youtube.com/watch?v=g5v-F81hNTs
Re: Ibadan Explosion: Return FG’s N30 Billion With Interest – Fayose To Makinde by BATified2023: 6:12pm On Jan 02
AMINDA:
Tell Lagos state to first return the 150 billion they got from Tinubu in the first tranche. Did the federal government announce the donation when it was being given? Nigerians only got to know through a leaked memo after Makinde came for Tinubu. This was how Tinubu quietly disbursed the subsidy savings to settle political favours and subsidize the Southwestern states while borrowing astronomically. The next cash cow they are selling is taxation.
u go cry tire
Re: Ibadan Explosion: Return FG’s N30 Billion With Interest – Fayose To Makinde by BATified2023: 6:13pm On Jan 02
opalu:
If Governor Makinde were to give me ₦10 billion, he would get 1,000 mass-housing units that he could use as a flagship project in his presidential campaign. These homes would be allocated to ordinary workers through a fully transparent raffle conducted live on television. That single action would make the entire nation recognize him as the strongest presidential candidate for 2027. We can deliver all 1,000 housing units within just nine months.
u don't even know what u are talking about

Just another thief who wants money
Re: Ibadan Explosion: Return FG’s N30 Billion With Interest – Fayose To Makinde by anonimi: 6:15pm On Jan 02
fatosky1:
Fayose is just trying to leak Tinubu's ass. The money was not given from personal purse but from Disaster Fund managed by the Federal government. N50 billion was approved but N30b was released. The story behind the withheld balance is not queried.

Lagos state Governor, Babajide Sanwoolu collected N100 million dollars for land allocated for Dangote.
Summary: No politician is to be trusted with money. They stole without conscience and fear of God.
Did the politicians emerge from among the people?

Or did they just drop out of heaven to lead Nigerians who are tribalistic in zoning and rotation arrangements for local, state and federal government positions in the legislative and executive branches huh




https://www.youtube.com/watch?v=dMWUS1W_ITc
Re: Ibadan Explosion: Return FG’s N30 Billion With Interest – Fayose To Makinde by maasoap(m): 6:18pm On Jan 02
Why did he seat on the money meant for the victims compensation and reconstruction all this while? Thief
Re: Ibadan Explosion: Return FG’s N30 Billion With Interest – Fayose To Makinde by Aprocco: 6:19pm On Jan 02
As an Ibadan indigene or FG's agent?
Peter is stupid on this one please.
What's his interest?
Victims who received 4.5B from state purse are not complaining, FG who paid part is not complaining, what exactly is Wike's boy's interest?
Re: Ibadan Explosion: Return FG’s N30 Billion With Interest – Fayose To Makinde by Prenonjebose: 6:20pm On Jan 02
Since 2024, you got some money for victims of an unfortunate occurrence, and kept it for yourself, That's very wicked. This is how governors keep enriching themselves, at the expense of the masses.Yet, the country keeps borrowing and taxing her citizens.
Re: Ibadan Explosion: Return FG’s N30 Billion With Interest – Fayose To Makinde by maasoap(m): 6:22pm On Jan 02
AMINDA:
[b] Tell Lagos state to first return the 150 billion they got from Tinubu in the first tranche. Did the federal government announce the donation when it was being given? Nigerians only got to know through a leaked memo after Makinde came for Tinubu. This was how Tinubu quietly disbursed the subsidy savings to settle political favours and subsidize the Southwestern states while borrowing astronomically. The next cash cow they are selling is taxation.
What aboutism as usual grin.. Diversionary tactics
Re: Ibadan Explosion: Return FG’s N30 Billion With Interest – Fayose To Makinde by anonimi: 6:26pm On Jan 02
BATified2023:
u go cry tire
The way that Ekiti children are crying in dilapidated schools because Fayose and APC progreThief governors steal trillions for their education huh




https://www.youtube.com/watch?v=huKpje-AZaY
Re: Ibadan Explosion: Return FG’s N30 Billion With Interest – Fayose To Makinde by Thedon22: 6:28pm On Jan 02
AMINDA:
Tell Lagos state to first return the 150 billion they got from Tinubu in the first tranche. Did the federal government announce the donation when it was being given? Nigerians only got to know through a leaked memo after Makinde came for Tinubu. This was how Tinubu quietly disbursed the subsidy savings to settle political favours and subsidize the Southwestern states while borrowing astronomically. The next cash cow they are selling is taxation.
Can you provide the receipt of the #150B given to Lagos same way provided Fayose provided that of Oyo State. Proof yourself or better still let Makinde use his connection as gov to do so.
Re: Ibadan Explosion: Return FG’s N30 Billion With Interest – Fayose To Makinde by ecolime(m): 6:32pm On Jan 02
30Bn hidden from the people for 2 years? Na waoh
Re: Ibadan Explosion: Return FG’s N30 Billion With Interest – Fayose To Makinde by femi4: 6:33pm On Jan 02
Re: Ibadan Explosion: Return FG’s N30 Billion With Interest – Fayose To Makinde by Oghene86: 6:36pm On Jan 02
Re: Ibadan Explosion: Return FG’s N30 Billion With Interest – Fayose To Makinde by Ilajescated:
If Seyi Makinde could do this, then who knows what the Governor of Ondo State is doing in the case of Ayetoro and the ocean disaster in Ilaje Communities in Ondo State.

Here's what a concerned Ilaje ✍️ a lot is really happening with governance in Naija

I've hesitated to write about the 100 billion relief saga involving Gov. Seyi Makinde, the Governor of Oyo State Government especially after my subtle comment on Ayodele Oluwasemilore Oyedokun where I tagged the Oyo State Government and other platforms of the State like Oyo State Government Feedback

I had to quickly let go of that topic, including replying to those I suspected are ardent supporters of the Governor and Government of Oyo State. Actually, I have no grudges against Gov. Seyi Makinde particularly because I have observed that he has performed better than the average Nigerian politician. No doubt, he should have done even sterling and even made the process transparent. But that said, I ignored further engagements on the topic because with that singular exposure, I am sure the Governor of Ondo State Hon. Lucky Orimisan Aiyedatiwa and the Government of Ondo State Ondo State Government own the Ilaje people heavy explanations as to how funds appropriated to and reliefs or aids requested or may have been requested by the Ondo State government/by the Governor from the Federal government and international organizations like the World Bank, among other organizations and agencies had been spent.

From the successive administration to the current administration led by Hon. Dr. Lucky Orimisan Aiyedatiwa, Ayetoro and other major communities in Ilajeland had been enraptured in perennial Sea Incursion, leading to destruction of properties worth billions of naira, people's livelihoods, the ecosystem, among others. The havoc in this region is directly connected to oil exploration and exploitation, it goes beyond mere natural disaster. This implies that, Oil production companies or multinationals better put, are directly involved. Yet, the sad rhetoric remains the vile abandonment of the people of Ayetoro, Awoye, and other communities to the helpless, yet avoidable/avertable situation.

What if billions of naira had also exchanged hands from the federal government to the State government? What if millions of dollars had also exchanged hands from the Multinational companies exploring and exploiting oil in Ilaje, to the Ondo State government? Yet, no sea embarkment at site in Ayetoro and other communities till date, relief materials have been reported either hijacked, diverted or even stolen by perhaps state and non-state actors, or its agencies, money meant for the victims of this perennial Incursion and other disasters remain unaccounted for and likely would have ended up in the pockets of political cronies and high-profile persons from Ilaje nation.

Year of year, government turned blind eyes to Ayetoro and other communities and our people remain silent in the face of all these, and who knows, continue to exchange the bag of money and smile homes at every incursion in these communities.

Ilaje Nation must Wake up. If Gov. Seyi Makinde could have requested 100 billions and only #50 billion was released and out of this #50 billions, the victims of the disaster only got #4.5 billion. #26.5 billion remained unaccounted for. It simply implies that during such disasters, State government usually request relief assistance from the federal government and multinationals. Although, the entire funds may not have been released but assistance was usually given at different times and this amounted to billions of naira and dollars. Sadly, only physically relief materials were received by the Ilaje people in Ayetoro, most of which were even diverted by cronies of political elites or perhaps of the State itself, yet no physical structure destroyed by the ocean was rebuilt, no sea embarkment today in Ayetoro, no road was reconstructed by the government of Ondo State within Ayetoro and up till today, there's no effort at expediting the broader road that ought to link Ayetoro with other communities in Ilajeland (Riverine to the hinterland).

My dearest people of Ilaje, that nothing was sad about the release of funds by either the federal government and multinationals to the Ondo State government didn't mean fund was requested or released. One thing remains clear, the people did not ask and the government may have choose to keep quiet about it.

If Federal government could release #100 billion as relief for victims of disaster in Oyo State and rebuilding, there is no doubt that Ayetoro continually ravaged by the ocean would have received even more at the request of the Ondo State Government.

Imagine the federal wire wire that must have been done on behalf of the people of Ayetoro Awoye and other communities in Ilaje land? Isn't it funny that a community was ransacked and burnt by the men of the Nigerian Navy recent, yet the Ilaje social media space was quiet.

There is no better time to ask the questions, If funds had been disbursed or not for the successive ocean incursion in Ayetoro? How much was actually released? How was it distributed? What was rebuilt, roads, houses, stalls, church or what exactly by the government? What role did the NDDC and OSOPADEC play? Did any multinational also play part of their corporate social responsibility?

The Governor of Ondo State and government of Ondo State must answer these fundamental questions for us to know who is actually responsible for the underdevelopment of Ilajeland.
The Federal of Nigeria led by His Excellency, Sen. Asiwaju Bola Ahmed Tinubu must also provide clues for the people of Ayetoro, Awoye and the entire Ilaje nation to know who the true agents of development and enemies of the Ilajeland are.

Silent is not golden in the face of the underdevelopment of Ilajeland, the perennial Incursion wrecking havoc in Ayetoro, the destruction of the peoples' livelihoods and ecological devastation occasioned by sea Incursion. The government must speak now.

God bless the Federal Republic of Nigeria!
God bless Ondo State!
God bless Ilaje Local Government Area!
Re: Ibadan Explosion: Return FG’s N30 Billion With Interest – Fayose To Makinde by maasoap(m): 7:46pm On Jan 02
tunjijones:
How wld you claim you keep 30 billion given to you by the federal government for almost 2 years without using it for what it is ment for. Claiming that you kept the 30 billion Naira because the money wasn't complete yet, that FG promised you 50 billion Naira.

At the rate of 20 percent per annum, the interest on that money is 12 billion Naira.

You shd find how to refund 42 billion to FG.
Let's assume that FG refuse to give him the remaining 20 billion naira for rest of his tenure, what would really happen to that money? That guy is heartless, that guy is selfish, Makinde is a confirmed thief.

Do you know that that money has lost at least, half of its value since two years ago? Because the prices of commodities has tripled since that period
Re: Ibadan Explosion: Return FG’s N30 Billion With Interest – Fayose To Makinde by Guestmale: 8:16pm On Jan 02
Governor Seyi Makinde should protect his integrity by returning that 30bn back to FG if he has not spend it,at least the principal without the 4.5bn accumulated interest.
Re: Ibadan Explosion: Return FG’s N30 Billion With Interest – Fayose To Makinde by PstRansome(m): 8:17pm On Jan 02
How stupid can Fayose behuh Is the money not for the statehuh Was the money paid to Makinde's account?? Mumu politician dem
Re: Ibadan Explosion: Return FG’s N30 Billion With Interest – Fayose To Makinde by maasoap(m): 10:19pm On Jan 02
BouquiLake:
But ki lo ma nshe awon agbayaaa yi naaa... Was the money a personal money or to the people of Oyo state?

Odeee... The money given was not a personal money, the person the money was given to was not for personal use.


Kin ti eeeeee.... Return with interest ko... With hatred nii
Who was he keeping it for after two years? And no one knew anything about it until now, not even you.
Did you know that CBN collected back from Yahaya Bello, the Covid money grant that was given to all state governors when it was discovered that Bello hid the money in a fixed account instead of spending it on the residents of kogi state? So, if CBN collects the money back, blame the governor, it wouldn't be the first time
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