Ajimobi-led Govt Siphoned Between 12 And 15Billion, We Are After Them To Retrieve - Makinde -
  • Latest
  • Trending
  • All
Olubadan Stool: Group Commends Makinde For Reversing Ibadan Traditional Institution To Its Original Concept

Ajimobi-led Govt Siphoned Between 12 And 15Billion, We Are After Them To Retrieve – Makinde

April 16, 2022
How The ADC Wave Is Rewriting Tinubu’s Home Base By Abimbola Oyarinu, PhD.

Ilaka Congratulates ADC Leadership, Oyo Exco After Supreme Court Affirmation

April 30, 2026
Communities Thank Reps’ Member, Folajimi ‘Don’, Over Reconstruction Of Bridge 

Communities Thank Reps’ Member, Folajimi ‘Don’, Over Reconstruction Of Bridge 

April 30, 2026
Oyo Govt Warns Against Unauthorised Conferment of Traders’ Titles 

Oyo Govt Warns Against Unauthorised Conferment of Traders’ Titles 

April 30, 2026
2027: SAO Takes Bold Step Towards House of Reps Seat, Obtains APC Form

2027: SAO Takes Bold Step Towards House of Reps Seat, Obtains APC Form

April 30, 2026
 Tinubu Nominates Joseph Tegbe As Minister Of Power

 Tinubu Nominates Joseph Tegbe As Minister Of Power

April 30, 2026
Akinyele’s Turn or APC’s Risk? Rotation, Reality and Representation in Lagelu/Akinyele Federal Constituency

2027: APC Assembly Aspirants Demand Zoning in Oorelope, Fault Incumbent’s Ambition

April 30, 2026
Makinde Speaks On Muslim Governor Debate, Says Progress More Important Than Religion

Makinde Speaks On Muslim Governor Debate, Says Progress More Important Than Religion

April 29, 2026
Oyo 2027: Alli, Akintunde, Oseni, Reps Aspirants Obtain APC Nomination Forms

Oyo 2027: Alli, Akintunde, Oseni, Reps Aspirants Obtain APC Nomination Forms

April 29, 2026
‘Ilumoka’ Lights Up Soka Under Bridge, Donates 10 More Solar Lights in Oluyole

‘Ilumoka’ Lights Up Soka Under Bridge, Donates 10 More Solar Lights in Oluyole

April 29, 2026
Tinubu Has Failed ‘Omoluabi’ Ethos, Nigerians Need New Platform – South West ADC

Tinubu Has Failed ‘Omoluabi’ Ethos, Nigerians Need New Platform – South West ADC

April 29, 2026
One Year in Office: Wolekanle Gets Kudos for Institutional Reforms in Oyo LGSC

One Year in Office: Wolekanle Gets Kudos for Institutional Reforms in Oyo LGSC

April 28, 2026
APC’s Olamide Junaid Joins Ibadan North Reps Contest, Promises Inclusive Representation

APC’s Olamide Junaid Joins Ibadan North Reps Contest, Promises Inclusive Representation

April 28, 2026
">
ADVERTISEMENT
  • InsideOyo
  • Contact Us
  • About Us
  • Privacy Policy
  • Submit A Story
  • Advertise with us
  • Support Us Today
Friday, May 1, 2026
  • Login
  • Home
  • Political News
    • #OyoDecides – Oyo Elections 2023 I Live Updates
  • General News
  • Special Reports
  • Oyo Campus Gist
  • Jobs
  • Opinion
  • Interview
No Result
View All Result
No Result
View All Result

Ajimobi-led Govt Siphoned Between 12 And 15Billion, We Are After Them To Retrieve – Makinde

by InsideOyo
April 16, 2022
in Political News
0
Olubadan Stool: Group Commends Makinde For Reversing Ibadan Traditional Institution To Its Original Concept

Governor ‘Seyi Makinde of Oyo State has declared that there would be no place to hide for looters of Oyo State’s funds.

The governor, who was speaking on a Splash 105.5 FM programme, State Affairs, anchored by Edmond Obilo, said that his administration remains determined to retrieve every kobo of the state’s resources stolen by some members of the immediate past administration of the All Progressives Congress (APC) in the state.

RelatedPosts

Ilaka Congratulates ADC Leadership, Oyo Exco After Supreme Court Affirmation

Communities Thank Reps’ Member, Folajimi ‘Don’, Over Reconstruction Of Bridge 

2027: SAO Takes Bold Step Towards House of Reps Seat, Obtains APC Form

ADVERTISEMENT

Governor Makinde noted that his administration has been able to bring about a turnaround in the infrastructure of the state and other key sectors because it blocked loopholes and wastages in resources.

A statement by the Chief Press Secretary to the governor, Mr. Taiwo Adisa, quoted the governor as saying that his government is on the track of some chieftains of the APC in the state, who used a certain company to siphon between N12 and N15 Billion of Oyo State’s money.

He added that the government would go after them and retrieve the looted funds for the people of Oyo State.

ADVERTISEMENT

He maintained that his administration took the bold step of plugging every hole through which the state’s funds could be siphoned, adding: “Without blocking loopholes, we could not have been where we are today.”

He further stated: “First, we did verification for the workers and ghost workers, ghost pensioners were removed from the payroll. They were there before we came in but we decided that, as an administration, we would not spend our time on chasing shadows.”

Giving an example of how such loopholes bled the state in billions during the immediate past APC government, the governor revealed how about N8 Billion Paris Club refund was siphoned within eleven months.

He said: “Let me give you an example – when I came in, I looked at how some monies were spent and I believed it was Paris Club refund they moved, which was about N7 Billion to N8 Billion to OYSROMA.

 

“This is an agency that operates normally on a budget of about N40 Million to N45 Million every month but this money came in around November 2017, and in early 2018, they started spending the money.
“When we came in, we discovered they finished spending the money within one year on nothing. They stole the money and I know those behind the stealing and I am also after them right now.

“There is a company called Chinese Global. They said they are Chinese people but we know the people behind it. The company has been shut down as we speak.

“I asked the General Manager in charge of OYSROMA and said, look, your budget is N44 Million every month and, in a year, it is less than N500 Million. Did you employ new people? He said no. Did you give out contracts? He said no. But how were you able to spend about N7 Billion in eleven months without employing new people?

“But he said the company supplied asphalt. And I said if the company did, was the asphalt used to repair roads without employing new people and giving out contracts? He said the money was moved from OYSROMA to Chinese Global and two other companies without any supply from the companies.

“As a result of that, I wrote to EFCC and reported the matter about what we are facing here. “Chinese Global is also the company they awarded the Bembo-Apata road contract to, and the same company got the Ido-Eruwa project. But I said to them, ‘guys, you have Oyo State money with you. Go ahead and use the money to finish up the roads and they promised to do it.

” But as soon as former Governor Abiola Ajimobi passed on, they reneged on all those projects.

“And I said, fine, for me, as long as you have Oyo State money with you, I will get it back and I am still saying it again that I will get back the money for our state.

“The money is in excess of N12 Billion to N15 Billion. Those who stole it are not Chinese but from Oyo State. “We know them, and very soon, wherever they have investment or property in the world, I will go after them and collect this money for our state.

 

“This is a promise I made and I am not saying it outside of what I have discussed directly with the people involved. Oyo State’s money will come back. Those who stole the money are the members of the APC who were in the government then.”

Share this:

  • Share on WhatsApp (Opens in new window) WhatsApp
  • Tweet
  • Share on Telegram (Opens in new window) Telegram
  • Share on Threads (Opens in new window) Threads
  • Email a link to a friend (Opens in new window) Email
  • Share on Bluesky (Opens in new window) Bluesky

Like this:

Like Loading...
Tags: oyo state news
Previous Post

Easter: Makinde Felicitates Christians, Preaches Love, Harmony

Next Post

Ibarapa: No Automatic Ticket For Any Aspirant, Stop Misleading – Group To Muraina

InsideOyo

InsideOyo

InsideOyo is an independent news medium for up-to-date events and happenings within and around Oyo state, Nigeria.

Related Posts

How The ADC Wave Is Rewriting Tinubu’s Home Base By Abimbola Oyarinu, PhD.

Ilaka Congratulates ADC Leadership, Oyo Exco After Supreme Court Affirmation

by Deji Moore
April 30, 2026
0

A governorship aspirant of the African Democratic Congress (ADC) in Oyo State, Chief Oyebisi Ilaka, has congratulated the national leadership...

Communities Thank Reps’ Member, Folajimi ‘Don’, Over Reconstruction Of Bridge 

Communities Thank Reps’ Member, Folajimi ‘Don’, Over Reconstruction Of Bridge 

by Ayo Mukhail
April 30, 2026
0

Residents of several communities in Ward 1 of Ibadan North Federal Constituency have expressed deep appreciation and relief following the...

2027: SAO Takes Bold Step Towards House of Reps Seat, Obtains APC Form

2027: SAO Takes Bold Step Towards House of Reps Seat, Obtains APC Form

by Olayi Abide
April 30, 2026
0

Engr. Saheed Adeyemi Oladele (SAO) has officially taken a significant step forward in his quest to represent Ibarapa Central and...

 Tinubu Nominates Joseph Tegbe As Minister Of Power

 Tinubu Nominates Joseph Tegbe As Minister Of Power

by Ayo Mukhail
April 30, 2026
0

President Bola Ahmed Tinubu has nominated Mr Joseph Olasunkanmi Tegbe as Minister of Power, subject to confirmation by the Senate....

Next Post
Ibarapa: No Automatic Ticket For Any Aspirant, Stop Misleading – Group To Muraina

Ibarapa: No Automatic Ticket For Any Aspirant, Stop Misleading - Group To Muraina

Please login to join discussion

Are YOU in distress? Call Oyo State Emergency Number NOW!!!

oyo State Emergency Number

Click to download InsideOyo.com App

Join Our WhatsApp Group

Copyright © 2025 Inside Media

Navigate Site

  • InsideOyo
  • Contact Us
  • About Us
  • Privacy Policy
  • Submit A Story
  • Advertise with us
  • Support Us Today

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Political News
    • #OyoDecides – Oyo Elections 2023 I Live Updates
  • General News
  • Special Reports
  • Oyo Campus Gist
  • Jobs
  • Opinion
  • Interview

Copyright © 2025 Inside Media

%d