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An indigene of Oyo State, Mr Akinloye Olusegun, has petitioned the Financial and Monetary Crimes Fee, EFCC, looking for an investigation into the state executive’s loans, bonds and budgetary expenditures from 2019 to 2026.
The petition also referred to as for a forensic audit and verification of the ₦30 billion Bodija explosion intervention fund reportedly domiciled in an account with First Financial institution of Nigeria Plc.
The petition, dated October 20, 2026, used to be submitted thru his solicitors, Umar & Alofe, to the EFCC Govt Chairman in Abuja.
Within the petition, the attorneys mentioned their shopper sought after the fee to inspect the state’s monetary transactions to resolve whether or not public finance rules were adopted and whether or not public budget were correctly controlled.
They mentioned the request used to be made below Sections 6 and seven of the Financial and Monetary Crimes Fee (Status quo) Act, 2004, and Phase 15(5) of the 1999 Charter, as amended.
The attorneys described Akinloye as a involved stakeholder and indigene of Oyo State who sought after the fee to make use of its statutory powers to inspect the federal government’s monetary actions over the duration.
The petition in particular asked the investigation of presidency loans, bonds and budgetary spending, along the verification of the ₦30 billion intervention fund related to the January 2024 Bodija explosion in Ibadan.
“The Bodija explosion ended in deaths, accidents and belongings injury, making executive intervention important, whilst the budget and comparable monetary transactions require unbiased verification to verify compliance with related rules and right kind use of public sources,” the petition mentioned.
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