Home Uncategorized REVEALED: Oyo Lawmaker Exposes New N300b Loan Approved For Makinde’s Govt In...

REVEALED: Oyo Lawmaker Exposes New N300b Loan Approved For Makinde’s Govt In Emergency Sitting

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The lawmaker representing Saki West local government at the Oyo State House of Assembly, Shittu Ibrahim, has revealed how the state legislature approved a new N300 billion loan for the Seyi Makinde led administration in an emergency sitting.

The lawmaker, in a short statement released on Wednesday evening criticized the arrangement through which the loan was approved, noting that the House is currently on a recess and not all members were invited to the sitting.

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“I want it to be in record that I, Hon Shittu Ibraheem, representing Saki West state constituency in Oyo State House of Assembly, am not among other lawmakers who approved a loan of 300 billion naira on 19th August 2025 and perfected on 26th of August 2025 in an emergency sitting during our 6-week recess.

”The House is currently on a 6-week recess from July 31st to September 16th, 2025. But an emergency plenary session was arranged to approve such a loan without communicating it to all members.

“Loan at this time when all states have more than enough. Oyo State now receives about a 500% increase in FAAC. Why take this loan? Why is the loan an emergency and why was the sitting not communicated to all the honorable members?” he wrote.

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