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Home » APC stakeholders slam Makinde over alleged financial mismanagement
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APC stakeholders slam Makinde over alleged financial mismanagement

9jaliveBy 9jaliveJune 26, 2025No Comments3 Mins Read
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Stakeholders of the All Progressives Congress, APC, in the outer city zone of Ibadanland, Oyo State, have called on Governor Seyi Makinde to exercise prudence in the management of the state’s resources.

They urged the governor to avoid what they described as extravagant spending and financial mismanagement.

Their concerns stem from the recent controversies surrounding some of the state government’s projects, including the proposed renovation of the Agodi Government House, which is expected to cost a staggering N63.5 billion.

Also cited was the payment of N14.3 billion for the purchase of an Instrument Landing System, ILS, intended for the Ladoke Akintola Airport in Ibadan, which is currently undergoing upgrades.

The stakeholders noted that the same project had earlier attracted a full payment of N42 billion, with an additional N10 billion released later by the state government.

The party leaders made their position known in a communique issued at their quarterly meeting held on Wednesday at the APC Secretariat along New Ife Road in Egbeda Local Government Area.

According to the communique, the APC stakeholders expressed dismay over what they described as Governor Makinde’s consistent disregard for due process, warning that such practices were detrimental to the long-term interest of Oyo State.

They stated, “Oyo State cannot be classified as financially buoyant, despite the fact that Governor Makinde receives over N22 billion from federal allocations in addition to nearly N10 billion generated internally every month.

“With a public debt hovering around N500 billion, it is alarming that the state government continues to embark on projects that do not align with prudent fiscal planning. These funds, especially those accruing from the removal of fuel subsidy, should be saved or invested in sustainable development for the future.”

Among the signatories to the communique were Alhaji Kamorudeen Ajisafe (JP), Alhaji Rasaki Akilapa, Chief Lekan Adeyemo, Alhaji Sule Suara, Alhaji Isiaka Alimi, Hon. Kunle Jenrade, Comrade Moshood Erubami, Hon. Muniru Adebayo, Alhaji Yinka Folarin, and Bashorun Billy Ogundele.

Also present at the meeting was Senator Yunus Akintunde, who represents Oyo Central Senatorial District in the National Assembly. He attended in a show of solidarity with the party leadership.

A major highlight of the meeting was the address delivered by a coalition of party loyalists under the banner of APC Peace Advocates. Led by Chief Wale Ohu and Prince Niran Adeyoju, the group emphasized the importance of unity, love, and collaboration among members of the party.

They urged stakeholders to work collectively toward returning the APC to power in the state by 2027.

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