Politics
N7.6bn loan: Oyo PDP reacts, says APC not qualified to criticise Makinde
Oyo State chapter of the Peoples Democratic Party (PDP), has discountenanced a statement credited to the state’s chapter of All Progressives Congress (APC) in which it criticised the state Governor, Engineer Seyi Makinde, for seeking the nod of the State House of Assembly to access the N7.6bn loan earlier secured by the administration of Senator Abiola Ajimobi.
The PDP, in a statement signed by its State Publicity Secretary, Engineer Akeem Olatunji, declared that “a set of morally-bankrupt and profligate politicians cannot group themselves under whatever guise to criticise the prudent, open and people-friendly administration being run by Governor Makinde.”
According to the statement, the APC, in the eight years of Governor Ajimobi, practically ran the state aground with “excessive and unjustified borrowing,” adding that a party that produced such leadership was not qualified to criticise Governor Makinde, whom he said has so far demonstrated financial prudence and transparency in the handling of the state’s resources.
The statement read: “The statement by the Oyo State chapter of the APC on the N7.6 billion loan facility was not just mischievous and jaundiced, it was not-well-thought-out, since it was only with the sole aim of misinforming people with short memory span.
“We are all witnesses to the suit filed in May this year by the then Governor-elect, Engineer Makinde, with which he sought the injunction of the State High Court to stop the access of Ajimobi’s government to that loan in less than a month to its terminal date.
“How can the same APC, which produced Ajimobi, whose government had concluded arrangements to spend the money on frivolous projects just five months ago now turn around to claim that the loan was freshly obtained by Governor Makinde?
“We in the PDP are happy with, and are confident in the ability of Governor Makinde to revolutionise the State’s economy through agriculture and agriculture value chain.
“That is why we commend the proposed upgrading of the farm settlements in Eruwa and Akufo to Farm Estates in a pilot scheme that will be used as model for similar projects across the State.”
Olatunji stated that though the PDP would not have loved to join issues with Oyo APC, which he said is suffering from electoral failure-induced amnesia, he stated that it should be made clear that former Governor Abiola Ajimobi, who is APC’s leader in the state, plunged the state into unbridled debts by borrowing over N150 billion in eight years with nothing to show for the loans.
“Oyo APC should not have been caught pointing fingers at Makinde who is working round the clock to clear the mess left behind by the APC government, which borrowed so much but left huge number of abandoned projects and debts that are still being collated by several committees.
“Is it not funny that a party that awarded Iseyin-Ibadan road, mobilised the contractors with N2 billion but had nothing to show for the money; a party that left many abandoned projects within and outside Ibadan, despite having secured and spent loans and bonds for such projects; a party that borrowed so much but failed abysmally in its duties to workers and pensioners, owing billions in pension and gratuity arrears, could point fingers at a focused government like that of Makinde?
“It is not a joke when workers in the state stand boldly to say that Makinde’s achievements in 96 days are equal to Ajimobi’s achievements in 96 months. There are verifiable statistics to back such submissions.
“We will like to place it on record that the only reason that made Governor Makinde to approach the Assembly for approval of the access was just in observance of the rule of law. Let us also state that by changing the purpose of the loan from procurement of ‘agriculture equipment’ to upgrading of farm settlements to construction of Farm Estates, Oyo State people stand to benefit far more. It is a step in the right direction.
“We, therefore, to wish to advise the APC in the state to play politics with decorum, while they play their opposition role without braces of falsehood”, the statement concluded.
The All Progressives Congress (APC) in Oyo State has called on Governor Seyi Makinde to resign immediately, alleging that his recent remarks on state security exposed incompetence and an inability to lead.
Governor Makinde, speaking during his acceptance speech as the Presidential candidate of the Allied Peoples Movement (APM) in Ibadan on Saturday, lamented that he could do little to rescue abducted school children and residents in Oriire Local Government Area due to all security structures being under federal control.
Reacting, APC State Publicity Secretary, Olawale Sadare, described the governor’s comments as “the height of cluelessness, insincerity, and criminal ineptitude,” warning that such disclosures reflect a dangerous trend among parochial leaders.
Sadare said, “Engr. Seyi Makinde could not find any fault in the nation’s Constitution, yet he swore twice to protect lives and properties of Oyo people. He has long enjoyed the powers of his office, controlling resources and people without challenge, but now faces a serious test, exposing incompetence, cluelessness, and ego.”
He added, “Instead of addressing security challenges, Makinde is exploiting the situation to push a mirage he calls a presidential ambition in 2027. His insensitive comments once again reveal hypocrisy. It is time he quit the office of the governor, having admitted he lacks the capacity to secure the state.”
The APC also recalled that previous governors, including Alhaji Lam Adesina, Senator Rashidi Ladoja, Chief Adebayo Alao-Akala, and the late Sen. Abiola Ajimobi, operated under the same constitutional provisions without similar security failures. Sadare particularly praised Ajimobi for establishing a Security Trust Fund to ensure funding and stakeholder involvement in security, in contrast to the current administration.
“Makinde’s presidential ambition is dead on arrival. Our concern is the continued loss, deprivation, and mismanagement the people of Oyo may suffer in the remaining year of his tenure. The state deserves a team player, a sincere and humble governor — qualities Makinde has failed to demonstrate in seven years. He should apologise and step down,” Sadare concluded.
Oyo State Governor, Seyi Makinde, on Saturday emerged as the presidential candidate of the Allied Peoples Movement (APM) for the 2027 general election following the conclusion of the party’s presidential nomination process.
Makinde emerged through consensus and affirmation by party delegates during the exercise, in what party leaders described as a demonstration of unity and confidence in his leadership ahead of the next general elections.
The governor was presented with his Certificate of Return by the National Chairman of the APM, Alhaji Yusuf Dantali, during a ceremony held in Ibadan, the Oyo State capital, amid cheers from party faithful, delegates and supporters drawn from different parts of the country.
Speaking during the presentation, Dantali said Makinde possesses the leadership qualities, administrative experience and vision required to steer the country towards sustainable growth and national development.
He urged party members across the federation to close ranks and intensify grassroots mobilisation to ensure victory for the party in the 2027 presidential election.
The APM national chairman maintained that the party remained committed to presenting Nigerians with what he described as a credible alternative capable of addressing the country’s economic, security and governance challenges.
According to him, the emergence of Makinde as the party’s flag bearer marked the beginning of a new political movement aimed at restoring hope and strengthening democratic governance in the country.
In his acceptance speech, Governor Makinde expressed appreciation to the leadership of the party and delegates for the confidence reposed in him, pledging to work with stakeholders across political, ethnic and religious divides to advance the party’s vision for national transformation.
The governor assured party supporters of his commitment to inclusive leadership, promising to prioritise policies that would improve economic prosperity, strengthen institutions and enhance the welfare of Nigerians if elected.
Five key members of the All Progressives Congress (APC) in Oyo State have been appointed to the party’s campaign committee for the 2026 governorship re-election of Governor Abiodun Oyebanji in Ekiti State.
The Oyo APC leaders on the list include the party’s governorship candidate, Sharafadeen Abiodun Alli, former Senate leader Teslim Folarin, Minister of Youth and Sports Development, Sunday Dare, Zacch Adedeji, and Remi Oseni.
The list, signed by the party’s National Secretary, Sen. Ajibola Basiru, reflects the APC’s strategy of deploying experienced political figures with strong grassroots networks to ensure a successful re-election campaign in Ekiti.
“These appointments recognise their political experience and commitment to advancing the party’s agenda,” the source within the party said.
The APC committee is expected to coordinate campaign activities, voter engagement, and messaging, positioning the party for a strong showing in the 2026 governorship election.
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