Close Menu
    Facebook X (Twitter) Instagram YouTube
    Advertise with us Saturday, June 28
    Facebook X (Twitter) Instagram
    Platform TimesPlatform Times
    VIDEOS
    • Home
    • News
    • Metro
    • Politics
    • Business
    • Education
    • Health
    • Special Reports
    • Entertainment
    • Sports
    • Interview
    Platform TimesPlatform Times
    • Home
    • News
    • Metro
    • Politics
    • Business
    • Education
    • Health
    • Special Reports
    • Entertainment
    • Sports
    • Interview
    Home»Business

    Abiodun Collected N335.81bn From FG In Six Years – Investigation

    Platform Times NewspaperBy Platform Times NewspaperJune 2, 2025 Business No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Daud Olatunji

    A recent investigation by PLATFORM TIMES has revealed that the administration of Ogun State Governor, Dapo Abiodun, received a total of ₦335.81 billion in federal allocations between May 2019 and April 2025.

    The data, sourced from the civic tech platform BudgIT, covers a six-year period of monthly disbursements from the Federation Account and highlights the fiscal inflows into Ogun State under Abiodun’s stewardship since he succeeded Senator Ibikunle Amosun in 2019.

    A breakdown of the figures shows consistent growth in allocations over the years, with the highest inflow recorded in 2024 – a year after election – when the state received ₦104.04 billion, while the lowest was in the COVID-hit year of 2020, with ₦40.66 billion.

    PLATFORM TIMES investigation revealed that monthly allocations peaked in August 2024, when the state received ₦11.07 billion, while the lowest monthly disbursement was ₦2.42 billion in March 2020, coinciding with the global economic downturn triggered by the pandemic.

    Year-by-Year Breakdown:

    2025 (Jan–Apr): ₦35.66bn

    2024: ₦104.04bn

    2023: ₦79.28bn

    2022: ₦53.63bn

    2021: ₦47.70bn

    2020: ₦40.66bn

    2019 (May–Dec): ₦25.84bn

    In total, Ogun State received ₦335.81 billion in six years from the Federal Government under Governor Abiodun’s administration.

    PLATFORM TIMES further gathered that the sharp rise in allocations reflects Nigeria’s broader fiscal expansion and oil revenue fluctuations, especially post-COVID.

    However, the increased allocations have also reignited calls for greater transparency and value-for-money audits in state expenditure.

    Civil society organisations have challenged the state government to publish detailed reports of how the funds were spent, noting the persisting infrastructure deficit and developmental gaps across local governments.

    “This level of allocation demands commensurate development,” said Ayodeji Folarin, a policy analyst. “There’s a need for open budgeting, performance audits, and citizen inclusion in monitoring public spending.”

    Despite the significant inflows, questions persist about Ogun’s debt profile, healthcare funding, and the pace of infrastructure delivery.

    Governor Abiodun, who marks six years in office this year, is expected to present a stewardship report ahead of his final year in office.

    Analysts believe this presents an opportunity to account for how over ₦335 billion in federal allocations have impacted the state’s socio-economic landscape.

    Pelican Valley'
    Cattle Bizness Network'
    The Rehla'
    Pelican Valley'

    Do you want to share a story with us? Do you want to advertise with us? Do you need publicity for a product, service, or event? Contact us on WhatsApp +2348183319097 Email: platformtimes@gmail.com

    We are committed to impactful investigative journalism for human interest and social justice. Your donation will help us tell more stories. Kindly donate any amount HERE

    Pelican Valley
    Platform Times Newspaper
    • Website

    Platform Times is a trailblazing news website that empowers grassroots communities across Africa by delivering the latest news through engaging multimedia content. By leveraging photos, text, and videos, the site inspires concerned citizens and activists worldwide to take action against critical issues, including corruption, poverty, environmental degradation, and democratic disregard.

    Keep Reading

    Dangote Cement Trains Host Community Leaders for Effective Engagement, Conflict Resolution

    EXCLUSIVE : FG Breaks 15-Year Revenue Jinx In 2023 As States’ Earnings Soar To N13.16tn In 2024

    MAPOLY Shines As Abiodun Pledges N2bn Projects, Splashes N2.5m Each On Star Graduates

    Dangote Cement Declares N502.6bn Dividend, Spends N13.2bn On CSR In 2024

    EFCC Arrests Ex-NNPCL CFO, Warri Refinery MD Over Alleged $7.2bn Fraud

    Banks’ Interest Expenses Soar to N1.9tn in Q1 2025 As Lending Costs Rise

    Add A Comment

    Comments are closed.

    The Rehla
    The Rehla
    The Rehla
    Pelican Valley
    Pelican Valley
    Pelican Valley
    Advertisement
    Advertisement
    Advertisement
    Advertisement
    Cattle Bizness Network
    Cattle Bizness Network
    Cattle Bizness Network
    Pelican Valley
    Pelican Valley
    Pelican Valley

    Platform Times is a trailblazing news website that empowers grassroots communities across Africa by delivering the latest news through engaging multimedia content. By leveraging photos, text, and videos, the site inspires concerned citizens and activists worldwide to take action against critical issues, including corruption, poverty, environmental degradation, and democratic disregard.

    We're social. Connect with us:

    Facebook X (Twitter) Instagram Pinterest YouTube
    • About Us
    • Advertise
    • Contact Us
    • Disclaimer
    • Download Platform Times app

    Subscribe to Updates

    Get the latest update news

    Facebook X (Twitter) Instagram Pinterest
    • About Us
    • Advertise
    • Contact Us
    • Disclaimer
    • Download Platform Times app
    © 2025, All Rights Reserved | Platform Times Newspaper | Powered By CyberWarrior

    Type above and press Enter to search. Press Esc to cancel.