Close Menu

    Subscribe to Updates

    Get the latest news as they happen

    What's Hot

    CBN Allows Twenty-One Days Deadline For Banks’ Cybersecurity Self-Assessment

    April 1, 2026

    FG To Distribute 1,000 Telecom Towers To Rural Dwellers In 2026

    April 1, 2026

    Inflation Edges Up As Food Prices Rise To 12.12% In February 2026, NBS Reports Mixed Market Stability

    April 1, 2026
    Facebook X (Twitter) Instagram
    Megastar Magazine
    • Politics

      Kwankwaso Gets Warm Welcome Into ADC Assembly, Calls Others To Unite

      March 31, 2026

      Tuggar Resigns as Foreign Affairs Minister, Signals Bauchi Governorship Ambition

      March 31, 2026

      Full List As APC Elects New National Working Committee During Convention

      March 28, 2026

      APC Reshuffles Leadership as Tinubu Defends Electoral Act 2026 at Abuja ConventionAPC

      March 28, 2026

      INEC Reschedules Deadline for Party Membership Register Submission

      March 28, 2026
    • Entertainment
      1. People
      2. Events
      3. Fashion
      Featured
      Entertainment March 31, 2026

      Wura Season 4 Premieres as Showmax Originals Shift to DStv Stream Platform

      Recent

      Wura Season 4 Premieres as Showmax Originals Shift to DStv Stream Platform

      March 31, 2026

      Warner Music Group Faces Legal Threat in Nigeria Over Burna Boy’s Early Albums

      March 31, 2026

      Spotify: Tems Shines as Africa’s Most Streamed Artist Having 40 Million Monthly Listeners

      March 30, 2026
    • Business

      Amid BUA Stocks Rally, Rabiu’s Wealth Surges by $2.2bn

      March 30, 2026

      Lagos State Tops Nigeria’s Business Rankings — New Report Reveals Why

      March 28, 2026

      MFB Partners CreditCorp, Platform To Enhance Travel Accessibility

      March 25, 2026

      Unilever Posts N32bn Gain After Tax In 2025

      March 24, 2026

      MTN Explains Record N1trn Investment, Persistent No Coverage Zones

      March 23, 2026
    • Health

      Kate Henshaw Champions Nationwide Menopause Awareness Drive in Nigeria

      March 31, 2026

      Federal Government Sets Up Committee to Address Critical Shortage of Therapists in Nigeria

      March 27, 2026

      Federal Government Begins Rollout of HIV Prevention Injection as 52,000 Doses Arrive in Nigeria

      March 27, 2026

      Lagos Joins Stakeholders to Declare ‘Yes! We Can End TB’ During 2026 Commemoration

      March 24, 2026

      Dentists, Unilever Launch Nationwide Oral Health Campaign Targeting 50 Million Nigerians

      March 23, 2026
    • Culture

      Ebonyi Carnival Showcases Renewed Drive to Preserve Igbo Heritage

      March 31, 2026

      Adron Homes Elevates Cultural Pride as Dignitaries Grace 39th Lisabi Festival in Abeokuta

      March 29, 2026

      Zurich Returns Benin Bronzes to Nigeria in Major March 2026 Cultural Restitution Breakthrough

      March 28, 2026

      Adron Homes Deepens Commitment To Cultural Heritage, Sponsors 39th Lisabi Festival

      March 22, 2026

      Eledumare Festival Ignites Cultural Revival Across Yorubaland with Tourism in Focus

      March 19, 2026
    • Lifestyle

      QR Menus and Aesthetic-Driven Dining Redefine Restaurant Experience for Gen Z

      March 27, 2026

      How My Gold Jewelry Ended In Lagoon ~ Adeboye

      March 19, 2026

      Temitope Mayegun Urges Celebration of Women’s Power and Achievements

      March 15, 2026

      On Glo-Sponsored African Voices,  South African Actress, Nomzamo Mbatha, Relates Success Story

      March 7, 2026

      Obasanjo Clocks 89: Abiodun Describes, Living Lesson In Leadership And Public Service

      March 6, 2026
    • Sports

      Morocco, South Africa Express Readiness To Co-Host AFCON 2027

      March 31, 2026

      CAF Raises Team Participation in AFCON to 28 

      March 30, 2026

      CAF Appointment: Nigeria’s Samson Adamu Becomes Acting Secretary-general

      March 29, 2026

      FIFA Declares New Set Of Rules For World Cup 2026

      March 28, 2026

      2026 MTN CHAMPS Continental Relays: Ezechukwu Emerges Fastest Woman

      March 28, 2026
    • Contact
    YouTube Facebook Instagram WhatsApp
    Megastar Magazine
    Home » FG only released N30bn, not N50bn for Makinde – Aide declared
    News

    FG only released N30bn, not N50bn for Makinde – Aide declared

    Ifetayo AdeniyiBy Ifetayo AdeniyiDecember 28, 20255 Mins Read
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email Telegram
    Share
    Facebook Twitter WhatsApp Telegram Email

    FG only released N30bn, not N50bn for Makinde – Aide declared

    Seyi Makinde

    The Special Adviser on Media to Oyo State Governor, Dr. Sulaimon Olanrewaju, has dismissed claims by former Ekiti State Governor, Ayodele Fayose, that Governor Seyi Makinde received N50 billion from the Federal Government, describing the allegation as misleading and deliberately disingenuous.

    Olanrewaju also denied insinuations that the governor deliberately remained silent over the alleged funds in order to stash the money to support a future presidential ambition.

    According to him, Governor Makinde did not receive any such funds from the Federal Government, which, he said, explains why Fayose was unable to provide evidence of disbursement when challenged to do so.

    However, Olanrewaju clarified that only N30 billion was released out of the amount requested, while the remaining N20 billion was not accessed due to issues bordering on requests for inducement.

    When contacted, Olanrewaju said, “Recent comments attributed to former Governor Ayodele Fayose, alleging that the Federal Government handed N50billion to Seyi Makinde and that the governor chose to stay silent while saving up the money to support his presidential ambition are not only misleading, they are deliberately disingenuous.

    “Let us be clear from the outset. The Federal Government did not give Governor Makinde N50billion. This is why Fayose was unable to provide evidence to show the disbursement when asked to do so. In fact, the memo he shared shows what was not disbursed.

    “The Federal Government did not give Governor Makinde N50billion. This is why Fayose was unable to provide evidence to show the disbursement when asked to do so.

    What exists on record is a request and a promise, not a disbursement of N50billion.

    “In the immediate aftermath of the tragic January 2024 Bodija explosion, which claimed lives, destroyed homes, and traumatised an entire community, President Bola Tinubu did not visit Oyo State.

    “Governor Makinde travelled to Abuja personally, armed with a comprehensive report of the incident and a formal request for support from the Federal Government. Following that engagement, the Federal Government promised a N50billion support package.

    “A promise, however, is not a release. When it was time to act, only N30billion was released. This partial release was accompanied by demands for inducements tied to the disbursement of the balance. Governor Makinde refused. As a result, the remaining N20billion was withheld.

    “Was the Governor expected to convene a press conference to announce that the Federal Government had promised N50 billion, released N30 billion, and was withholding N20 billion? Or to publicly litigate negotiations around a national tragedy?

    “What matters is what was done with the funds that were released.

    “To be clear, Governor Makinde did acknowledge Federal Government support during the inauguration of a transparent committee set up to oversee the disbursement of relief funds. That committee ensured accountability, compassion, and proper use of the funds.

    “Of the N30 billion released, some money was transferred directly to victims as immediate support. Whilst the remainder was deployed for rebuilding and restoration. Roads within the affected axis were repaired, reconstruction is ongoing, and a planned memorial at ground zero will honour the lives lost. Policies and security architecture have also been upgraded and strengthened to ensure that such an incident does not recur in Oyo State.

    “It is important to underline this point. The N4.5 billion often quoted as announced by the Oyo state government refers to direct support to victims. This represents 15 percent of the total sum released. Governor Makinde found a way of giving 15 percent back to landlords and even tenants as direct support in his usual show of empathy.

    “At the same time he ensured that government carried out interventions. Indeed, a visit to the affected areas will show the reconstruction being done. These are verifiable facts.

    “So why is this narrative being distorted now?

    The answer is not far-fetched. Governor Makinde recently stated, during a media chat, that he would not support President Tinubu’s re-election bid in 2027. This declaration carries weight because he supported him in 2023, a decision he has since openly said he regrets.

    “His reason is equally clear: the growing attempt by the current administration and its allies to push Nigeria towards a one-party state. That declaration marked a turning point.

    “Almost immediately, political hostilities were activated. Just days ago, in what can only be described as retaliatory manoeuvring, a group aligned with FCT Minister, Nyesom Wike moved to constitute and swear in a so-called PDP Oyo State caretaker committee, in blatant disregard of political reality and party structure. As expected, the only two credible names associated with that effort publicly distanced themselves from the exercise.

    “These actions are not driven by principle. They are driven by desperation. The attempt to portray Governor Makinde as dishonest, ungrateful, or disconnected from the structure of his party is dead on arrival. He remains one of the very few serving governors within the PDP. His mandate is rooted in performance, credibility, and the trust of the people of Oyo State, not in backroom theatrics or manufactured outrage.

    “Half-truths and outright falsehoods may offer temporary comfort to those who trade in political mischief, but they always collapse under the weight of facts. Nigeria stands at a crossroads.

    This is not merely about one Governor or one party. It is about whether we allow fear, coercion, and political intimidation to dismantle our democracy.

    “Governor Makinde has made his position clear: he will not be complicit. And if he must stand alone, he will stand. But he is not alone.

    “Lovers of democracy, defenders of truth, and ordinary Nigerians who understand what is at stake will stand with him. History has a long memory, and the steps taken now will determine how today’s actors are remembered tomorrow.

    Truth does not need protection. It only needs to be told, fully, clearly, and without fear.”

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Previous ArticleNPFL Observes Mid-Season Break
    Next Article Discos to roll out 700,000 free meters
    Ifetayo Adeniyi
    • Website

    Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.

    Related Posts

    News April 1, 2026

    CBN Allows Twenty-One Days Deadline For Banks’ Cybersecurity Self-Assessment

    News April 1, 2026

    FG To Distribute 1,000 Telecom Towers To Rural Dwellers In 2026

    News April 1, 2026

    President Tinubu, Obasanjo, Jonathan, Akpabio and Top Royal Fathers Will Gather in Abuja for Gbenga Daniel’s 70th Birthday Book Launch Featuring Four Major Publications

    News April 1, 2026

    Benue Declares One-Week Easter Holiday for Civil Servants in Major Community and Family Engagement Drive

    News April 1, 2026

    FRCN Celebrates 75 Years Of Broadcasting Excellence, Earns Presidential Praise

    News March 31, 2026

    Lagos Police Withdraw Task Force Team From Traffic Duties

    Leave A Reply Cancel Reply

    Don't Miss
    News April 1, 2026

    CBN Allows Twenty-One Days Deadline For Banks’ Cybersecurity Self-Assessment

    CBN Elegbede Abiodun Says weak cyber defences exposes customers to increasing risks. The Central Bank…

    FG To Distribute 1,000 Telecom Towers To Rural Dwellers In 2026

    April 1, 2026

    Inflation Edges Up As Food Prices Rise To 12.12% In February 2026, NBS Reports Mixed Market Stability

    April 1, 2026

    FG Endorses Mafest 2026 As Nigeria Pushes To Become Africa’s Fashion And Textile Powerhouse

    April 1, 2026

    Subscribe to Updates

    Get the latest news as they happen

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    Our Picks

    17th Edition of Prestigious Honorary African Leadership People’s Heritage Gold Awards

    November 16, 2021

    Sahara Reporters Fake And Malicious Publication On Prince Ned Nwoko

    December 17, 2021

    Queen Jennifer Osayamen Celebrates Birthday With Motherless Children

    December 26, 2021
    New Comments
    • Anozie okolo on Supreme Court Affirms President Tinubu’s Victory As Atiku, Peter Obi Lose
    • Mc richman on Nigeria and South African Music histories
    • Moses Ibrahim on Olu of Warri: Pictorial @ The Ogiame Atuwatse III Economic Summit.
    • Sen Rich Kay on MALARIA ERADICATION: Prince Ned Nwoko & NMEP Meet for joint action.
    Megastar Magazine
    YouTube Facebook WhatsApp Instagram
    • Privacy Policy
    • Terms of Use
    • Contact Us
    © 2026 Megastar Magazine. Designed by MANNDI

    Type above and press Enter to search. Press Esc to cancel.