Connect with us

News

FG never gave N570 billion to 36 States – Seyi Makinde counters President Tinubu

Following President Bola Tinubu’s announcement that his administration has given a total sum of N570 billion to the 36 states as a palliative measure to ease the citizens’ economic condition, Oyo State Governor Seyi Makinde has come out to say the President’s comments are not accurate.

Tinubu made this statement while addressing the nation last Sunday, appealing that
those protesting halt their demonstration and return to the negotiation table.

According to the president, the State received this huge sum as a grant from the
federal government.

He said, “Also, more than N570 billion has been released to the 36 states to expand
livelihood support to their citizens, while 600,000 nano-businesses have benefitted
from our nano-grants. An additional 400,000 more nano-businesses are expected to
benefit.”

Oyo State Governor, Seyi Makinde, has countered claims by President Tinubu. In a newsletter signed by the governor and published on the state’s official website on
Thursday, Makinde said the funds disbursed were not a direct allocation from the
federal government.

The governor clarified that the money received by the states was World
Bank COVID-19 funds, with the federal government acting only as an intermediary
between the international creditor and the 36 states.

He further explained that the funding was contingent on what the states had already
spent on COVID-19 programs, meaning the World Bank was simply reimbursing what
the states had used to address the pandemic crisis.

The Statement read as follows:

“Before I speak more on further actions we have taken to show our commitment to
productivity and sustainability, let me respond to a long message I received earlier in
the week from a concerned citizen. The message was about a purported N570 billion Hardship Fund “given” to the 36 States by the Federal Government. I was queried about what I used the money for. Let me state categorically that this is yet another case of misrepresentation of facts. The said funds were part of the World Bank-assisted NG-CARES project—a Program for Results Intervention. The World Bank facilitated an intervention to help States in Nigeria with COVID-19 Recovery. CARES means COVID-19 Action Recovery Economic Stimulus.

“It was called Programme for Results because States had to use their money in
advance to implement the program. After the World Bank verified the amount
spent by the State, it reimbursed the States through the platform provided at the
Federal level. The Federal Government did not give any State money; they were simply the
conduit through which the reimbursements were made to States for money already
spent,” Makinde said.

According to Makinde, the funding from the World Bank that was given to the state was not
a grant, but a loan that is expected to be paid back by each state.
He said the NG-Cares loan, as it is dubbed, predates Tinubu’s administration as the
facilities were received in different batches.
According to him, Oyo State received N5.98 billion in the first instance and N822
million in the second instance as reimbursement which was part of the investment of
the State government under the program.
“It is important to note that the World Bank fund is a loan to States, not a grant. So,
States will need to repay this loan. Note also that NG-CARES, which we christened
Oyo-CARES in our State predates the present federal administration.
So, in direct response to the message, the Federal Government did not give Oyo
State any money. We have reimbursed funds (N5.98 billion in the first instance and
N822 million in the second instance) we invested in the three result areas of NGCARES, which includes inputs distribution to smallholder farmers within our State”
When the World Bank saw our model for the distribution of inputs preceded
by biometric capturing of beneficiary farmers, they adopted it as the NG-CARES
model,” Makinde added.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Entertainment

Davido, Rema, Fally Ipupa To headline Afro Nation Portugal 2027

Afrobeat icon Davido, Rema and Fally Ipupa will headline Afro Nation Portugal 2027, with Omah Lay, Victony and other stars also confirmed for the festival, continuing Nigeria’s dominant run at one of the world’s biggest celebrations of Afrobeats and Amapiano. The festival takes place in Portimão from 9 to 11 June 2027, on the sands of Praia da Rocha, running about a month earlier than it has in recent years.

The first wave of roughly 30 confirmations describes Davido, Rema and Fally Ipupa as “three giants of African music,” all returning to the festival. Also confirmed for the Lit stage are Omah Lay, Odeal, Shenseea, Valiant, Victony, Bamby and Miimii KDS, with South Gidi (the live project from DJ Tunez and DJ Maphorisa featuring Wizkid and Mavo) closing out the final night.

The Piano People stage returns, led by amapiano pioneer Kabza De Small and duo TxC, with Dlala Thukzin joining as a special guest, alongside 031Choppa, 2woBunnies, Benzo, Thatohatsi, Uncool MC, W4DE, Xduppy B2B Al Xapo, Young Stunna and Zee Nxumalo.

The lineup extends a pattern that has defined Afro Nation Portugal since it launched in 2019 with Nigerian superstars taking the centre stage nearly every year. Past headliners have included Burna Boy, Wizkid, Davido, Megan Thee Stallion, 50 Cent, Chris Brown and Nicki Minaj, with the festival credited with helping push Afrobeats and Amapiano onto global stages.

This year’s edition, the sixth, wrapped in July with Wizkid and Asake leading the lineup, alongside Burna Boy, who launched his album No Sign of Weakness from the festival’s beach stage in 2025. Uncle Waffles headlined the Piano People stage, with Gunna and Kehlani appearing as special guests.

Rema is no stranger to the show either; he headlined the 2024 edition alongside Asake, J Hus and Tyla, riding the global success of ‘Calm Down.’ Davido, meanwhile, returns to a festival he has previously headlined, while Fally Ipupa comes back after main-stage appearances in recent years, including 2024.

Since its debut, Afro Nation has expanded beyond Portugal to Ghana, Puerto Rico, Miami and Detroit, but the Portugal edition remains its flagship, drawing tens of thousands of fans from across the world each summer for a weekend built around African music.

Continue Reading

News

Outgoing LASU VC Says Universities May Need To Charge N 1 Million To Break Even

Former Lagos State University Vice-Chancellor Professor Ibiyemi Olatunji-Bello, has proposed a minimum annual tuition of ₦1 million for public universities seeking financial independence.

She proposed this while reflecting on her five-year tenure as LASU vice-chancellor, which ended on September 19, 2026. She said the rising cost of running a university has made it difficult for institutions to depend on internally generated revenue alone. According to Olatunji-Bello, LASU’s internally generated revenue increased from about ₦3 billion when she assumed office in 2021 to ₦13 billion during her tenure. But even that increase, she said, is not enough to meet the university’s financial obligations.

“Right now, LASU does not have financial self-sustainability,” she said, adding that the university’s monthly payroll is now more than ₦1 billion.

Her argument is that universities seeking financial independence would have to charge substantially higher fees.

Olatunji-Bello pointed to the difference between what some secondary schools charge and the fees paid by students at some public universities. While some secondary schools charge more than ₦1 million per term, she noted that some universities still collect around ₦100,000 annually.

“So, any public university that wants to sustain financial independence will have to charge school fees of not less than N1 million per student,” she said.

She also argued that maintaining academic standards requires significant investment, telling parents to prioritise their children’s education. But the ₦1 million proposal comes at a time when the Federal Government is also asking universities to look beyond tuition for additional funding.

Education Minister Maruf Tunji Alausa recently urged vice-chancellors to diversify their revenue sources, saying government funding alone cannot sustain universities. The National Universities Commission said Alausa disclosed that only four of Nigeria’s 68 federal universities were making meaningful use of alternative funding opportunities, including research grants, endowments, alumni donations, philanthropy and partnerships with industry.

That means the funding debate is not simply about how much students should pay. Universities are also being pushed to become better at raising money from research, alumni, businesses and other sources. During her tenure, Olatunji-Bello said LASU increased its revenue by introducing new academic programmes, expanding postgraduate education, digitalising services and developing other income-generating activities.

Continue Reading

Entertainment

Charly Boy celebrates daughter’s engagement to a Woman

Veteran Nigerian entertainer Charles Oputa, popularly known as Charly Boy, has publicly celebrated the engagement of his daughter, Adaeze, to a woman, drawing a wide range of reactions from Nigerians online. Charly Boy shared a video from the engagement ceremony on his Instagram page on Thursday, referring to the couple as his “beautiful Princess and her Husband” and asking his followers to extend their well wishes. “Folks, wish dem well for me,” he wrote.

Adaeze also announced the engagement herself, sharing a photo with her partner alongside the caption “WE’RE ENGAGED!” and the hashtag #mrsandmrsgray2027. She expressed excitement about the relationship in her post, writing, “Here’s to a lifetime of love, laughter, growth, and making beautiful memories together. I can’t wait for everything God has in store for us. Forever sounds even sweeter with you.”

The announcement quickly drew attention online, with reactions split between congratulatory comments and criticism, reflecting Nigeria’s broader social and legal climate around same-sex relationships, where such unions remain both criminalised and widely stigmatised. Adaeze was previously married to a man, Metu Anu, in a traditional wedding held in Abuja in February 2018, a union that later ended in divorce.

This isn’t the first time a member of the Oputa family has publicly navigated a same-sex relationship. Charly Boy’s other daughter, Dominique “Dewy” Oputa, is also known to be in a relationship with a woman, both daughters currently reside outside Nigeria.

Charly Boy, also known as Area Fada, has built a decades-long career and public persona around unconventional, often boundary-pushing views on social and cultural issues in Nigeria. He has spoken previously about surviving prostate cancer, being sexually abused by a nanny during his childhood, and long-standing tension within his own nearly 50-year marriage to his wife, Diane.

He has also addressed public speculation about his own gender expression and sexuality directly, arguing that embracing traits often associated with femininity does not diminish a man’s identity.

The entertainer has 10 children and 14 grandchildren in total, and has continued to speak openly about his family throughout his public career, even as his views have periodically placed him at odds with more conservative segments of Nigerian society.

Continue Reading

Trending