The Economic and Financial Crimes Commission, EFCC, has reportedly frozen an Osun State Government account domiciled with the First Bank, just 10 days before the state’s governorship election.
According to reports, the account, said to be used for the payment of workers’ salaries, was placed on a “Post No Debit” restriction by the anti-graft agency.
The development came shortly after Governor Ademola Adeleke, alleged that the EFCC was planning to freeze state government accounts and those belonging to top officials ahead of the August 15 election.
Reacting to the move, the state government, through the Commissioner for Information and Public Enlightenment, Kolapo Alimi, described the reported action as an attempt to disrupt government operations in the lead-up to the poll.
Governor Adeleke argued that there was no legal justification for freezing the state’s accounts, insisting that the EFCC lacks the statutory authority to take such action against a state government.
A source close to the administration, who spoke on condition of anonymity, confirmed that the account had already been restricted.
“I can confirm that the state government account has been frozen by the EFCC. It is no longer an allegation. The governor will address the press shortly to update the public on the situation,” the source said.
As of the time of filing this report, the EFCC had not issued an official statement regarding the development, while the reason behind the account restriction remained unclear.
President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has assured investors that the…
Chief Femi Odufowokan, community leader, former Chairman of Ijebu North East Local Government, ex-President of…
The ABOSCO Initiative, founded by Hon. Abimbola Osikoya, has once again demonstrated its commitment to…
The Nigeria Immigration Service (NIS), Zone A, on Thursday, September 10, 2026, applauded the Economic…
Sahara has announced the appointment of Chidilim Menakaya as Managing Director, marking an important milestone…
The Lagos State Commissioner for Commerce, Cooperatives, Trade and Investment, Hon. Folashade Kaosarat Bada Ambrose-Medebem,…