2026-01-02 09:00:00
In an update published by The Nation, the Oyo State Government says the N30bn released by the Federal Government for Bodija explosion intervention remains in a bank account and has not been accessed while it awaits an outstanding N20bn balance.
The state’s position is that it kept the funds idle pending full release of the approved package, arguing that proceeding without the remaining tranche could complicate sequencing, accountability and delivery planning.
The statement also sought to counter political claims around the money, pointing to account details and inviting independent verification through the bank where the funds are domiciled.
Validation: Punch quoted the state’s claim: “As of Thursday, December 31, 2025, the N30bn remained untouched…” The Guardian similarly reported the fund has “remained untouched” while the “outstanding N20 billion balance” is yet to be released.
Echotitbits take: The bigger governance question is whether states should wait for “full tranches” or publish phased plans and start transparently. Watch for a costed implementation schedule, procurement framework and independent audit plan—those details will matter more than the political noise.
Source: The Nation — 2026-01-01 (https://thenationonlineng.net/bodija-explosion-n30bn-in-bank-awaiting-n20bn-balance-from-fg-oyo/)
The Nation 2026-01-01
Photo Credit: The Nation
