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Fayemi did not give us N4 billion, Ekiti APC replies Fayose, PDP
The Ekiti State chapter of the All Progressives Congress has denied allegation by the Peoples Democratic Party that former Governor Kayode Fayemi diverted N4 billion workers’ entitlements to service it during his tenure.
The APC accused Governor Ayodele Fayose of regaling in his old practice of falsehood and blackmail to divert Ekiti people’s attention from proven cases of sharp practices in governance.
It said the allegation by the PDP was meant to divert attention from the controversy over the alleged N720 million he awarded himself as salary arrears for his unfinished first time while at the same time owing workers salaries and pensioners’ entitlements.
Mr. Fayose was impeached from office in October 2006 during his first term as governor.
In a statement on Sunday by its spokesperson, Taiwo Olatubosun, the APC expressed dismay that the governor was just realising after eight months in office that N4billion was diverted by Mr. Fayemi.
It said Mr. Fayose was exposed as an enemy of workers, having owed workers’ salaries and pensions at the time he awarded himself N720m and paying back N650m to his election contractors.
The APC said, “It is laughable that as much as 4billion was diverted and or embezzled by the Fayemi administration and Fayose is just knowing eight months after assumption of office, pretending that a kangaroo verification exercise had revealed this. This is better told to the marines!
“Fayemi had earlier offered his administration for probe when Fayose started a similar campaign of calumny to cover his tracks in financial mismanagement but the governor had no courage for such exercise because there was nothing to probe,” he said.
“Fayose is at it again in his usual funny game to divert Ekiti people’s attention from his sharp practices in governance. This is an afterthought that exposes his ignorance and confusion. If Fayose is sure of his facts, he should not waste time in taking his case to the EFCC.”
The party said the former governor was still paying workers’ salaries with overdraft until Mr. Fayose as governor-elect wrote to banks to stop it.
It said, “There is no deduction anywhere. It is not possible. Even though for the two years that federal allocations to the state dwindled with as much as N500 million, Fayemi was still paying workers’ salaries with overdraft until Fayose as Governor-elect wrote to banks to stop it, so how was any deduction and diversion possible under that situation?
”The biometric system was so transparent such that it did not allow ghost workers syndrome, but since the PDP is now saying its government had detected 1,000 ghost workers, we are interested in unmasking the ghosts, which we believe is the governor’s making and we demand that the names of these ghost workers be published,” he added.
The APC asked Mr. Fayose and his party to approach the EFCC with their claim, including the list of workers used to siphon funds.
It said Mr. Fayemi would be willing to defend his financial transactions in government with facts and figures.
The party said this lie is coming now because APC had put Mr. Fayose administration on the spot over its inability to pay workers salary, stoppage of poverty reduction programmes of his predecessor at the time he is facing N1.3b poultry fraud case in court while also awarding himself N720m salary arrears.
“We want to say that this diversionary tactic has failed. Fayose had said on several occasions that the greatest weapon in politics and governance is tellies lies,” it said.
“All Nigerians, Ekiti people in particular, know the kind of human being Fayose is and so they would not be deceived by this diversionary tactic to continue to owe workers’ salaries and pensions to retirees.
“With money saved from cancellations of empowerment schemes, refusal to fund security agencies, job cuts, cuts in allowances, refund of N24b by the Federal Government, six moratorium on bond repayment, abandonment of capital projects initiated by Fayemi and non-award of fresh capital projects, APC will not stop from asking the governor to fulfil his obligations to Ekiti people.”
The APC urged the governor to show his development blueprint and achievements eight months in the saddle instead of engaging in lies, mindless private comfort and encouraging indolence and crimes among youths.
I did not pay N720million to my self — Fayose
Meanwhile, Mr. Fayose has denied paying himself the sum of N750 million as terminal benefits for his first term in office.
The governor debunked the allegation during a broadcast on Monday to mark the first year of his return as governor of the state.
He said only a wicked leader would pay such a huge sum to himself in the face of the present economic hardship.
According to him, the allegation was the plan of the opposition to cause disaffection among the Ekiti people.
He said, “I am Ayo Fayose, your governor who can never do that, since you have known me, you will observe that I have always been transparent and down to earth with you in all matters.
“Please be assured that I am not in a hurry to get rich through the back door as suggested by my detractors.
“Let us even to think of it whether it was logical for me to have been so selfish into paying such money into my private account, what sense does that make to a right thinking person when such money was almost enough to augment what we are looking for to pay the May salary to Ekiti workers.”
The governor assured of his administration’s readiness to bring rapid development to the state despite the dwindling financial resources.
More than ₦3 billion was targeted, but about ₦677 million reached the culprits, with recovery and prosecutions underway, reflecting how banks are responding to more sophisticated fraud risks.
Nigeria’s expanding digital banking sector is facing increasingly sophisticated fraud attempts, as financial institutions adapt to faster transactions and broader online services.
A recent case involving First City Monument Bank (FCMB), linked to fraudulent activity detected in December 2025, has drawn attention to how banks are responding to such incidents, with a focus on limiting exposure, recovering funds and working with law enforcement.
According to findings referenced in proceedings before the Lagos State Special Offences Court, the incident involved unauthorised transactions tied to a digital product. Early reports erroneously suggested more than ₦3 billion was lost. Subsequent clarification shows that over ₦3 billion was targeted, ₦2.4 billion was blocked and recovered, while ₦677 million got into the possession of the culprits. This outcome reflects the bank’s cyber security and monitoring capabilities, as well as improved collaboration among regulated financial institutions and with law enforcement agencies. Several suspects and beneficiaries have been apprehended, while recovery and prosecution efforts are ongoing, led by the Economic and Financial Crimes Commission (EFCC).
Proceedings at the Lagos State Special Offences Court have resulted in convictions, including that of a repeat offender, with restitution orders issued. Related matters are also being handled at the Federal High Court in Lagos, where additional suspects are being tried in connection with the scheme. This process is aimed at ensuring that bad actors are identified and permanently blacklisted from the financial system.
Authorities say recovery efforts are continuing as additional funds are traced.
Analysts note that the pace of legal action reflects closer coordination between financial institutions and enforcement agencies in addressing cyber-related financial crime.
The case comes as banks contend with more complex fraud methods, including social engineering and automated exploitation of system processes.
As digital products and platforms expand, so too does the risk associated with cyber-crime and related fraud.
“The scale of digital banking means risks are evolving alongside the systems,” said a Lagos-based financial analyst. “Institutions are now judged by how they manage these events.”
Observers say the sector is moving toward a stronger focus on response and recovery, rather than prevention alone.
This includes improving monitoring capabilities, strengthening transaction controls and enhancing collaboration with regulators and law enforcement. The FCMB case, with limited exposure relative to the amount targeted and ongoing recovery, reflects that shift.
For customers, the primary concern is the safety of their funds. In this case, there has been no indication of losses affecting customer deposits. Maintaining that level of protection remains central to sustaining trust in the financial system.
Nigeria’s financial sector continues to grow, supported by digital innovation and expanding access to banking services.
However, analysts say fraud attempts are likely to persist as systems become more complex and interconnected.
They say institutions will increasingly be judged not only on their ability to prevent incidents, but on how effectively they respond and recover when they occur.
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Ex-APC Deputy Guber flag bearer, Joshua MacIver backs Tinubu, express fears over implosion in Bayelsa APC
….congratulates new State Party Chairman, Warman Ogoriba
APC Deputy Governorship Candidate in the 2023 general elections in Bayelsa State, Great Joshua MacIver has declared his total commitment to the re-election of President Bola Tinubu come 2027, declaring that the Tinubu re-election project is non-negotiable.
Great Joshua MacIver, in his statement titled ” BAYELSA APC CONGRESSES: GOING FORWARD, A CALL TO LOOK INWARDS” and made available to newsmen in Yenagoa, warned APC leaders in the state to look Inward and take note of certain factors which may hinder or cut short our victory.
According to Great Joshua MacIver, such noticeable pitfalls include the imbalance in the united front being put up by the State Governor,Senator Douye Diri among various political blocs in the state.
In the statement issued at the weekend. Great Joshua MacIver stated that “First, before His Excellency, Senator Douye Diri, joined the APC in the state, there were clearly two political blocs that made up the party, with the approximate population ratios of the blocs standing at 95% to 5%.”
“After the entrance of His Excellency, Senator Douye Diri, ONLY THE SMALLER BLOC IS BEING CARRIED ALONG IN THE AFFAIRS OF THE PARTY, leaving the greater percentage to their fate, and this situation has the potential to build anger and dissatisfaction in our dear party.”
” The consequence of this has been the high level defection we have witnessed in the party recently and we believe more may likely follow, if we do not put our house in order.”
” If we do not pull together as a party, we may witness a situation where we will lose key stakeholders, especially after the State and National Assembly Primaries as well the Gubernatorial Primaries.”
“Finally, while it is very clear that we are the party to beat in the 2027 elections and that our loyalty to Mr. President IS NON-NEGOTIABLE, we must make haste to say that we cannot afford to create situations or loopholes in our unity which will be exploited by other political interests in the state. We cannot afford to under-rate anyone.”
“Our core interest remains the re-election of Mr. President, a project to which we have committed our all. We also pledge our total loyalty to the party as we have no alternative to the APC. However, our concern is that we must, as a party, look inwards and ensure that we do not create loopholes that can impede our common goal.”
Great Joshua MacIver, however congratulated the newly elected State Executives of the APC in Bayelsà State led by Hon. Warman Ogoriba, saying their emergence is welcomed at this critical time in our national history.
At least 23 people were killed in a series of suspected suicide bombings, police in Nigeria’s northeastern city of Maiduguri said on Tuesday.
https://www.stanbicibtcbank.com/nigeriabank/personal/products-and-services/all-loans/stanbic-ibtc-mreif-home-loans
More than 100 other people were injured in the blasts that took place on Monday evening in the capital of Nigeria’s restive Borno state.
No group has claimed responsibility for the suspected attacks.
The deadly blasts come after a military post was attacked overnight Sunday to Monday, which authorities blamed on suspected Islamist militants.
This sad incident is coming barely two weeks after Primate Elijah Ayodele, the Leader of INRI Evangelical Spiritual Church specifically warned against attacks in some states. He mentioned these states while calling on security operatives to pay close attention to them.
These were his words:
“Another attack is coming up in these following states where the military must watch carefully and intelligently; Kano, Kaduna, Zamfara, Kebbi, Niger, Borno, Kwara and Kogi state. They want to do a deadly attack, it’s preventable but it depends on how they will handle it. I have told you about the danger coming up.”
@primateayodele
Unfortunately, some of our military agencies don’t believe spiritual intelligence can save the country from so much danger hence, their neglect of this prophetic warning but now, it has been fulfilled with the miliary losing credibility by the day while Primate Ayodele continues to gain momentum.
Likewise, At least 26 passengers and crew sustained varying degrees of injuries on Monday following an accident involving the Kaduna–Abuja train, according to the Nigerian Railway Corporation (NRC).
Opeifa explained that the train departed Rigasa in Kaduna at 7:15 a.m. and was approaching Asham station around 9:16 a.m. when a loud bang was heard after the power car and trailing locomotive collided with one of the passenger coaches.
In July 2025, Primate Ayodele asked nigerians to pray not to see train mishap on the Kaduna-Abuja route.
@primateayodele #nigeriantiktok🇳🇬 #fulfillment #train #abuja #primateayodele
“Let’s pray not to see train mishap in Abuja-Kaduna, Kaduna-Abuja route.”
This has also been fulfilled.
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