/ Aug 19, 2026
/ Aug 19, 2026

Osun poll: Fayose claims Accord spent N40bn, replies Davido

Published on

By

Former Ekiti State Governor Ayodele Fayose has claimed that the Accord Party spent at least N40bn during the August 15 Osun State governorship election.

 

Fayose made the allegation during a video interview with TVC journalist Nifemi Oguntoye, posted on the journalist’s X account on Wednesday.

His comments came after Afrobeats singer David Adeleke, popularly known as Davido, alleged that the All Progressives Congress spent N110bn on vote-buying during the election.

Davido, who is the nephew of re-elected Osun Governor and Accord Party candidate Ademola Adeleke, also claimed that the Accord Party did not spend money during the election but relied on the support of Osun residents.

Fayose disputed that account, saying both major parties spent heavily during the poll.

“Accord Party led the opponents. The money that went to that election from the Accord party itself cannot be under N40 billion. I stand to be corrected,” Fayose said.

He also alleged that more than N7.5bn was distributed to various local governments and wards shortly before the election. Fayose, however, did not provide evidence to substantiate the figures.

The former governor said both parties spent beyond the legal limit for election expenditure.

“The fact remains that both parties spent stupendously. They spent beyond the threshold like every other political party,” he said.

Fayose also questioned the timing of the alleged distribution of funds, referring to the Economic and Financial Crimes Commission’s freezing of accounts linked to the election-related controversy.

He argued that money intended for residents could have been distributed much earlier rather than shortly before the poll.

The Osun election was won by Adeleke, who secured 511,067 votes against APC candidate Bola Oyebamiji’s 444,815, giving the Accord candidate a margin of 66,252 votes. INEC results showed Adeleke won 19 of the state’s 30 local government areas.

Fayose attributed a significant portion of Adeleke’s winning margin to his stronghold in Ede, saying the political strength of the Adeleke family in the area played a major role.

He also urged the APC to challenge the election result in court if the party believed there were grounds to do so, particularly over the results recorded in Ede.

Fayose further said President Bola Tinubu could have influenced the election in favour of the APC if he had chosen to do so, but instead described the President’s handling of the poll as magnanimous.

On the implications of the Osun result for the 2027 general election, Fayose dismissed suggestions that the outcome had significantly strengthened the opposition.

He argued that opposition parties had failed to unite, which he said had weakened their prospects ahead of the 2027 elections.

You May Like

Leave a Reply

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

Most Popular

Must Read

Taiwo Oyedele speaking at a tax policy event in Abuja on improving Nigeria's tax revenue and fiscal reforms.

Petrol subsidy removal saved Nigeria ₦15.8tn in 30 months – Oyedele 

The removal of Nigeria’s petrol subsidy saved the country ₦15.8 trillion between June 2023 and December 2025, according to the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele.   Oyedele disclosed the figure on Wednesday, August 19, 2026, during a press conference where he outlined the financial impact of the Federal Government’s economic reforms under President Bola Tinubu. According to the minister, the savings did not appear as a separate credit to the Federation Account labelled “subsidy savings”. Instead, they were reflected in resources available to the Federation. He said the Federal Government received ₦5.4 trillion, while ₦10.4 trillion was distributed to state and local governments through the Federation Account. Oyedele also disclosed that the Federal Government generated ₦3.1 trillion in additional independent revenue during the period, largely through remittances from government-owned entities and increased surpluses from government agencies. The government, he added, borrowed an additional ₦11.9 trillion between June 2023 and December 2025. Combined, the additional independent revenue and borrowing provided the Federal Government with ₦20.4 trillion in incremental resources during the period. However, Oyedele said total incremental expenditure stood at ₦30.64 trillion. The minister identified petrol subsidy removal and the unification of the foreign exchange market as key reforms introduced by the Tinubu administration to address longstanding economic challenges and reduce pressure on government finances. President Tinubu announced the removal of the petrol subsidy during his inauguration on May 29, 2023, declaring that “subsidy is gone”. The policy led to a sharp rise in petrol prices and increased transportation, logistics and production costs across the country. The Federal Government has defended the decision as necessary to reduce fiscal pressure and redirect public resources to other priorities. It has also introduced measures including wage adjustments, agricultural support and expanded Compressed Natural Gas initiatives to cushion the impact of the reforms.
Read more

Editor's Pick

Trending News

Newsletter

Enter your email address and receive notifications of news by email.

You have been successfully Subscribed! Ops! Something went wrong, please try again.

© 2026 GongNews. All Rights Reserved.