We Spent #24.6bn Of State Funds To Rebuild Bodija Explosion Sites, FG’s #30bn Remains untouched, Money is With First bank__ Oyo Government
Following the explosion, Nigerians are aware of the swift and sustained efforts of the Oyo State Government, which significantly mitigated the effects of the disaster. The state government did not wait for federal intervention, which came in November, 2024, almost a year after the incident.
“As of today January 1, 2026, the Oyo State Government has spent N24.6 billion from its own resources on Bodija and its environs in direct response to the explosion and its consequences. This includes N20.141 billion spent on the reconstruction of infrastructure in Bodija and surrounding areas, as well as N4.085 billion paid as support and compensation to victims of the explosion. These expenditures were fully borne by the Oyo State Government.
“Documents released by the Federal Government through its agent, Mr Ayo Fayose, indicate that a total of N915.5 billion was approved as intervention funds for states across the country. The list of beneficiary states shows that one South-West state received N150 billion, while another received N50 billion. Oyo State, despite experiencing one of the most devastating incidents, received one of the lowest allocations among beneficiary states. Interested members of the public may consult the list for verification.
“Special intervention funds, when released, are received as capital grants. In line with standard practice and legal requirements, such funds are subjected to the budgeting process before expenditure and are duly reflected in the financial statements of the state. They do not require special public announcements upon receipt. This explains why other states that received significantly larger amounts did not publicly advertise the receipt of such funds.
“The Oyo State Government, under the leadership of His Excellency, Engineer Seyi Makinde, appreciates the continued support and understanding of the people of the state. The government particularly thanks the people for their discernment in seeing through attempts by desperate political actors to exploit the 2024 tragic events of Bodija to gain undeserved foothold in our state for personal and political gains.
“The Oyo State Government has nothing to hide and will continue to engage the public transparently on all issues, including this one.
“Governor Makinde remains committed to serving the people of Oyo State faithfully, truthfully, and with utmost respect for the social contract that binds government to the governed. He has never denied anyone what is legally due to them and will not do so.
“The Governor and the Government of Oyo State wish the people a happy, peaceful, and prosperous 2026.”
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We Spent #24.6bn Of State Funds To Rebuild Bodija Explosion Sites, FG’s #30bn Remains untouched, Money is With First bank__ Oyo Government
Byadmin
Jan 1, 2026