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    Lafarge Africa Rebrands As HBM Nigeria Plc, Signals New Era Under Huaxin Ownership

    Lafarge Africa Rebrands As HBM Nigeria Plc, Signals New Era Under Huaxin Ownership

    CBN Revokes Licences of Two Ogun Microfinance Banks, 44 Others Over Regulatory Breaches

    CBN Revokes Licences of Two Ogun Microfinance Banks, 44 Others Over Regulatory Breaches

    Dayo DaSilva Unveils Entrepreneurial Blueprint to Drive Business Growth

    Dayo DaSilva Unveils Entrepreneurial Blueprint to Drive Business Growth

    Elon Musk Makes History As World’s First Trillionaire After SpaceX Stock Market Debut

    Elon Musk Makes History As World’s First Trillionaire After SpaceX Stock Market Debut

    Otedola Sells Geregu Stake To Buy Into Dangote Refinery IPO

    Otedola Sells Geregu Stake To Buy Into Dangote Refinery IPO

    FAAC Windfall: FG, States, LGs Share N2.04tn for March, Record N150bn Revenue Increase

    FAAC Windfall: FG, States, LGs Share N2.04tn for March, Record N150bn Revenue Increase

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    ‘Career and Motherhood Can Coexist,’ Eugenia Abu Urges Women To Build Families Early 

    ‘Career and Motherhood Can Coexist,’ Eugenia Abu Urges Women To Build Families Early 

    Babatunde Adeyemo: Celebrating a Visionary Leader, Philanthropist and Real Estate Champion on His Birthday

    Babatunde Adeyemo: Celebrating a Visionary Leader, Philanthropist and Real Estate Champion on His Birthday

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    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Tega Breaks Silence Over Alleged Affair With Frank Edoho, Threatens Legal Action

    Tega Breaks Silence Over Alleged Affair With Frank Edoho, Threatens Legal Action

    Frank Edoho Breaks Silence On Alleged Affair Between Ex-Wife Sandra and Singer Chike

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    Stars Turn Heads With Bold Fashion Statements as AMVCA 2026 Leaves Lasting Impression

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    Nollywood Actor Joseph Momodu Joins US Army, Honors Late Father’s Legacy 

    Nollywood Actor Joseph Momodu Joins US Army, Honors Late Father’s Legacy 

    ‘We Don’t Know Where Our Baby Will Be Born’ — Mr Eazi Opens Up on Temi Otedola’s Pregnancy Journey

    ‘We Don’t Know Where Our Baby Will Be Born’ — Mr Eazi Opens Up on Temi Otedola’s Pregnancy Journey

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    I Met Yul 3 Yrs After My Marriage Ended, Not While I Was Married — Judy Austin

    ‘I Remain the Greatest Love Story I’ve Ever Known,’ Says Denrele After Marrying Himself At 45

    ‘I Remain the Greatest Love Story I’ve Ever Known,’ Says Denrele After Marrying Himself At 45

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SOM Alleges Makinde Wasted N2bn On Ibadan Summit, Demands Probe of  2027 ‘Ambition-Fuelled’ Expenditure

The Daily Crucible by The Daily Crucible
April 27, 2026
in News
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SOM Alleges Makinde Wasted N2bn On Ibadan Summit, Demands Probe of  2027 ‘Ambition-Fuelled’ Expenditure

 

By Wale Adeniran, Southwest Bureau

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The Save Oyo Movement (SOM) has accused Oyo State Governor Seyi Makinde of spending another N2 billion on an Opposition Parties Summit held in Ibadan on Saturday, intensifying concerns over what it describes as excessive and politically motivated use of public funds.

In a statement released on Sunday and signed by its Coordinator, Comrade Akeem Oladiti, the group alleged that the governor has spent more than N10 billion out of the N30 billion received from the Federal Government for victims of the January 2024 Ibadan explosion, channeling it instead into political pursuits ahead of the 2027 elections.

SOM called for an investigation by the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and other related offences Commission (ICPC), adding that it plans to formally petition both agencies.

The group questioned why funds meant as relief for explosion victims had allegedly been diverted, claiming that significant sums were used for political events.

It cited over N5 billion reportedly spent on the November 15 and 16, 2025 Peoples Democratic Party (PDP) National Convention in Ibadan, as well as N1.5 billion allegedly spent on a failed coronation ceremony that was boycotted by three Ibadan High Chiefs.

“The main target of his coronation was Senator Sharafadeen Alli, who is being touted as the All Progressives Congress (APC) governorship candidate in Oyo State, forgetting that being a traditional ruler does not prevent anyone from aspiring into public offices.

“Now, mindful of his dwindled political fortune, Governor Makinde, hurriedly organised the political summit held in Ibadan yesterday, just to sell his ambition to be vice presidential candidate, and on it, over N2 billion Oyo State money was spent.

“Even though we are not against the governor, or anyone having political ambition and pursuing it, but it must not be at the expense of the welfare of the people of Oyo State, and on this one, we will do all that we can to make Governor Makinde to account for his wasteful spending of the State funds,” the group stated.

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