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Makinde’s N300 Billion Loan a Presidential Campaign Fund — APC Governorship Aspirant Dr. Abiola Wasiu Raise Alarm

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By Joel Ajayi


A leading aspirant for the Oyo State governorship under the All Progressives Congress (APC), Dr. Abiola Wasiu, has strongly criticized the Oyo State House of Assembly’s swift approval of a N300 billion loan, calling it a “campaign paycheck” for Governor Seyi Makinde.


Speaking to journalists in Abuja after a condolence visit to the APC National Chairman, who recently lost his mother, Dr. Abiola expressed deep concern over the manner in which the loan was passed. He described the process as unconstitutional, hasty, and disrespectful to the people of Oyo State.


> “Why would a state assembly recall itself from recess just to approve a loan that clearly does not serve the best interest of the people?” he questioned.

Dr. Abiola emphasized that the Assembly members are elected to represent and protect the interests of their constituents, not to rubber-stamp executive decisions without due scrutiny.

He questioned the need for such a massive loan at a time when states are receiving significantly higher allocations from the federal government.
> “Oyo State’s monthly allocations from the federation account have tripled. What then is the justification for borrowing N300 billion?” he asked.

Dr. Abiola urged the people of Oyo State to reject what he termed a “dastardly act” by the Governor. He further alleged that the funds from the loan are intended to fuel Governor Makinde’s rumored 2027 presidential ambition under the PDP platform.


In addition, Dr. Abiola condemned what he described as an “inhumane” action by the Makinde-led administration in the ongoing restructuring of Gbagi Market. According to him, legitimate stall owners are being displaced and replaced by the highest bidders.


> “How can a stall of less than one square meter be leased at N4 million? This is outrageous and must be stopped,” he said.

He added that the Bola Ige International Market, historically known as a haven of commerce and livelihood for traders—especially women—has now become a source of pain due to government policies.


> “Our mothers and fathers who have made a living from selling clothes in that market are now in distress. Why should a Governor turn their source of livelihood into a place of sorrow?” Dr. Abiola lamented.

He called on the people of Oyo State to remain vigilant and to hold their leaders accountable for policies and actions that undermine their welfare.

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Adamawa APC Showcases Tinubu’s Two-Year Achievements, Applauds Ribadu’s Role as Stakeholders’ Meeting Kicks Off in Yola

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Joel Ajayi

Stakeholders of the ruling APC in Adamawa State have identified the achievements of President Bola Ahmed Tinubu in the last two years since assuming the Nigerian presidency, describing such achievements as monumental and unprecedented.

The stakeholders also commended Mr. President for appointing one of their sons, Mallam Nuhu Ribadu as National Security Adviser, an appointment they emphasize has been justified by current results.

In a one-day grassroots engagement and sensitization meeting organized by APC lawmakers in the State Assembly, which was attended by various stakeholders of the Party from across the State and beyond, Monday, in Yola, speakers at the event posited that no Nigerian leader since Independence had in so short a time taken the various bold steps President Tinubu has undertaken in the last two years of his emergence as President.

Speaking as keynote speaker at the well-attended event, Director General of the Nigerian Technical Aid Corps,Rt.Hon.Yusuf Buba Yakub identified such projects as the construction of the 750-kilometre super highways from Calabar to Lagos and another one from Sokoto to Badagry in Lagos, as well as the one from Akwanga to Gombe and Yola and the one from Calabar to Abuja, including the Southeastern corridor railway lines,as monumental projects that are aimed at opening up the Nigerian hinterland for greater accessibility and overall development.

All of these, the Adamawa-born former federal lawmaker and leader said would not have been possible had the President from the first day of taking the oath of office not removed the hydra-headed fuel subsidy and floated the nation’s currency to bridge the yawning gap between the subsisting highly manipulated black and official foreign exchange markets.

“President Tinubu during his swearing-in ceremony took a bold step that no Nigerian leader in the past forty years in the history of our dear country was able to take. He removed the fuel subsidy before even taking over office!

“That move has turned around the fortunes of Nigeria such that today we can proudly beat our chests to say that we have become an exporter of finished petroleum products. In the past, despite our abundant crude oil we were busy importing petrol, which was very disgraceful.”

Buba, who commended President Tinubu for the two major decisions of removing the fuel subsidy and floating the Naira, against subsidizing the US Dollar as was the case in the past, said the decisions have saved Nigeria trillions of Naira. He recalled that during the 9th National Assembly one-third of the national fiscal budget for a particular year was completely eaten up by fuel subsidy claims.

“These decisions which have increased revenue earnings in our States in the last two years are the reasons you see today in serious States of the Federation the kind of monumental development taking place all over the place.”

Buba also commended President Tinubu for appointing one of their own as the National Security Adviser. He said Mallam Nuhu Ribadu’s appointment, which was hailed across the globe as placing a square peg in a square hole at a time Nigeria was almost becoming ungovernable owing largely to the unfortunate activities of insurgent groups, was a masterstroke by Mr. President that has convinced all doubting Thomases as to the genuine intentions of Mr. President.

While chronicling other achievements of President Tinubu in the first two years of his Presidency, including the efforts at repositioning Nigeria in the global community through the TAC Scheme and the grand diplomatic engagements of the Foreign Affairs’ Ministry, his many social intervention programmes for the poor, investment in technical and vocational training as well as scholarships for students and many other highly commendable good governance initiatives, the NTAC DG concluded that Nigeria has never had it so good. He called on the people to brace up for the return of Mr. President for a second term in office.

Also speaking at the event, the National Vice Chairman of the APC in the Northeast Zone, Comrade Barrister Salisu Mustapha drew comparison of the state of insecurity in the land before the coming of President Tinubu and the present moment. While thanking the people for their support for answering the call to duty ,which gave them victory at a recently conducted bye election in the State, he said the message must be carried far and near that the Party was prepared to reclaim victory in the State in 2027.He acknowledged the significance of such a gathering initiated by members of the Party in the State Assembly.

He thanked other members of the Party from the neighbouring States of Taraba and Gombe and also solicited commitment from the Party stalwarts in Adamawa towards ensuring that such a gathering be replicated at the Ward level of the entire State.

Among those who attended the event were some members of the National Executive Committee of the APC from the Northeast Zone, the Adamawa State Chairman of the Party, Barr. Idris and members of the State Working Committee, Local Government as well as the Ward Executive Committee members of the Party and various stakeholders.

The event concluded with the endorsement of Mr. President and other leaders of the Party for onward movement to the next level.

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