Home News Ajimobi Is Emptying Oyo Treasury, Releases N4.950b For ‘Special Projects’—Makinde Cries Out

Ajimobi Is Emptying Oyo Treasury, Releases N4.950b For ‘Special Projects’—Makinde Cries Out

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Governor-elect of Oyo state, Engr Seyi Makinde, has spoken about the plans of the outgoing government to cripple his administration by ensuring that all monies in government coffers, both strategic and from Stabilisation Accounts are spent in the next couple of weeks to stall the smooth takeoff of the incoming administration.

In a statement signed by his spokesman, Prince Dotun Oyelade, Engr Makinde said that he is aware of questionable special projects for which N2.475m have been hurriedly released for each of the 33 local governments and similar amount released to the oyo state Road Maintenance Agency, OSTROMA for the same purpose totalling four billion, nine hundred and fifty million naira.

According to the release, the money was taken from the Excess Crude oil Account and released through the Ministry of Local Government and Chieftaincy Affairs.


“While government is a continuum,” the statement said, “frenetic release of government funds in unusual circumstances, is worrisome especially if it is not in the normal bureaucratic pattern.”

Makinde said his administration has a plan in place for phased recruitment when it gets into office, but will reject the mischievous planned mass recruitment by the outgoing government to increase the financial load of the incoming administration and stunt it’s smooth take off.

He added that he and his team are keeping track of goings on at the state banks and the civil servants collaborators and will take bold steps to correct all anomalies.

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