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A legal practitioner, Akinloye Olusegun, has petitioned the Economic and Financial Crimes Commission (EFCC) to investigate the expenditure of Oyo State Governor Seyi Makinde’s administration from 2019 to 2026, including the handling of funds released following the Bodija explosion in Ibadan.

Olusegun asked the anti-graft agency to conduct a comprehensive audit of the state government’s spending on infrastructure, healthcare and other public projects, with particular attention to how public funds were disbursed and utilised.

The petition also called for an investigation into the N30 billion intervention fund released to the Oyo State Government following the devastating explosion in the Bodija area of Ibadan in January 2025.

The petitioner urged the EFCC to scrutinise the state government’s accounts from November 4, 2024, when the funds were reportedly disbursed, and examine its claim that it committed N24.6 billion of its own resources to the intervention.

Olusegun alleged in the petition that the intervention funds remained untouched as of December 31, 2025, and called on the commission to establish how the money was handled.

The petition also revisited the controversy surrounding the Federal Government’s intervention for victims and affected communities following the explosion.

In December 2025, Makinde’s Chief Press Secretary, Sulaimon Olanrewaju, said the Federal Government had promised N50 billion but released only N30 billion, with the remaining N20 billion withheld after the governor allegedly refused demands for inducements.

Olanrewaju had said the partial release was linked to demands for inducements tied to the outstanding balance, which Makinde reportedly rejected.

Olusegun is also seeking an investigation into loans reportedly obtained by the state government for various purposes, including healthcare, agriculture and infrastructure.

The petition places the administration’s expenditure, borrowing and management of the Bodija explosion intervention fund under scrutiny, asking the EFCC to examine the relevant records and determine how the funds were utilised.

The allegations contained in the petition have not, in the information provided, been established as findings of wrongdoing by the EFCC.