Osun state governor inflated airport price by N11 billion

– The PDP has made a new revelation about Osun state governor Rauf Arebgesola  

– Aregbesola inflated the price of building an airport in the state by N11 billion  

– The party is calling on President Buhari to take action
The Peoples Democratic Party has disclosed that Governor Rauf Aregbesola inflated the contract sum of the Moshood Abiola International Airport in Ido Osun from N4.5bn to N15.5bn. 

This revelation was disclosed by the PDP’s local spokesmam Odeyemi, said this in a statement in Osogbo on Sunday. 


The PDP accused Aregbesola of hiking the contract sum in order to embezzle the bailout loan the state received from the Central Bank of Nigeria at the detriment of workers in the employ of the state.

Osun state governor Aregbesola has come under strong criticism for the airport fiasco

The PDP further asked President Muhammadu Buhari to beam his anti corruption searchlight on the financial activities in Osun state, especially the airport project. 

The PDP then accused the governor of running the affairs of the state as a sole administrator, adding that the rewarding of the contract was in clear violation of the Public Procurement Act. 

“We are aware that Governor Aregbesola on the 8th of January this year through an award letter with reference number SP/S96/1/vi/348 re-awarded the airport contract to the same contractor and a payment of N472m was paid as take off”. 

“The same company had earlier been paid N2.7bn for the same project without any serious work done on the project”.  

“We are calling on the president and anti-graft agencies to send a secret team to the site of the so-called Moshood Abiola International Airport, Ido Osun, to confirm what the government and the Air force company had done with the N2.7bn taken from the purse of the state on the 14th of December 2012″. 

“Of the amount, N2.5bn was sourced as a loan from Sterling Bank repayable monthly at N100m from Sure-P funds. That loan is now part of the N88bn restructured for the state by the Central Bank for repayment till the year 2034″. 

“The latest review of the contract is a brazen attempt to misappropriate funds, including the bailout loan meant to pay hungry civil servants, lecturers and medical doctors.”