Subscribe to get Updates
  • Login
The News Bearer
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
    • Home – Layout 4
    • Home – Layout 5
  • Health
    • All
    • Automotive
    • Business
    • Business Tools
    • Celebrities
    • Column
    • Crime
    • Education
    • Featured
    • Features
    • Finance & Tech
    • Fitness
    • Health
    • Health & Wellness
    • History
    • Interview
    • Lifestyle
    • Metro
    • News
    • Opinion
    • Personal Development
    • Politics
    • Relationships
    • Sports
    • Travel
    • Travel & History
    • Uncategorized
    • Wellness

    Toluwanisings’ death and social media prosecutors

    JaceBen’s ‘No Limit’ Hits 6,000 Streams in First 24 Hours

    ADC faults FG’s N50,000 monthly cash relief, calls it election gimmick

    Three dead, four injured as shopping complex collapses in Osun

    Nigerian universities must shape Africa’s future, Ogundiran tells institutions

    Vice-Chancellor Olapegba’s Inauguration: Why Nigeria’s Universities Must Shape the Future

    Police arrest 11 suspects over attack on Sowore in Ekiti

  • Lifestyle

    Retired IGP Okiro gifts mosque to Police Secondary School, Minna

    ‎German municipal leaders call for €500 million ‘Loneliness Fund’ to strengthen social ties

    ‎Fuji: A Opera marks 5th anniversary with ‘This Is Fuji,’ begins celebrations Dec 4 ‎

    ‎Hip hop mogul, Diddy, sentenced to 50 months in jail for prostitution-related charges

    ‎Actor, Ibrahim Chatta, loses son

    A Trainer Reveals the Best Exercises For a Stronger, Toned Butt

    How To Lose 10 Pounds Even If You Hate Vegetables

No Result
View All Result
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
    • Home – Layout 4
    • Home – Layout 5
  • Health
    • All
    • Automotive
    • Business
    • Business Tools
    • Celebrities
    • Column
    • Crime
    • Education
    • Featured
    • Features
    • Finance & Tech
    • Fitness
    • Health
    • Health & Wellness
    • History
    • Interview
    • Lifestyle
    • Metro
    • News
    • Opinion
    • Personal Development
    • Politics
    • Relationships
    • Sports
    • Travel
    • Travel & History
    • Uncategorized
    • Wellness

    Toluwanisings’ death and social media prosecutors

    JaceBen’s ‘No Limit’ Hits 6,000 Streams in First 24 Hours

    ADC faults FG’s N50,000 monthly cash relief, calls it election gimmick

    Three dead, four injured as shopping complex collapses in Osun

    Nigerian universities must shape Africa’s future, Ogundiran tells institutions

    Vice-Chancellor Olapegba’s Inauguration: Why Nigeria’s Universities Must Shape the Future

    Police arrest 11 suspects over attack on Sowore in Ekiti

  • Lifestyle

    Retired IGP Okiro gifts mosque to Police Secondary School, Minna

    ‎German municipal leaders call for €500 million ‘Loneliness Fund’ to strengthen social ties

    ‎Fuji: A Opera marks 5th anniversary with ‘This Is Fuji,’ begins celebrations Dec 4 ‎

    ‎Hip hop mogul, Diddy, sentenced to 50 months in jail for prostitution-related charges

    ‎Actor, Ibrahim Chatta, loses son

    A Trainer Reveals the Best Exercises For a Stronger, Toned Butt

    How To Lose 10 Pounds Even If You Hate Vegetables

No Result
View All Result
TheNewsBearer
No Result
View All Result
Home News

Oyo Govt debunks report alleging ₦683m purchase of two vehicles

The News Bearer by The News Bearer
September 17, 2026
in News
Reading Time: 2 mins read
0 0
0
Share on WhatsappShare on FacebookShare on Twitter

The Oyo State Government has dismissed a Sahara Reporters publication alleging that it spent ₦683.7 million to purchase two vehicles, describing the claim as false and based on a misinterpretation of the state’s audited financial records.

The government, in a statement signed by the Special Adviser to Governor Seyi Makinde on Media, Dr Sulaimon Olanrewaju, on Wednesday, September 16, said the ₦683.7 million cited in the report was not a vehicle procurement cost.

According to the government, the figure appeared under the budget line, “Advertisement and Publicity Awareness for the Public,” and represented programme-level expenditure covering several activities and logistics.

It explained that the Toyota Camry, said to be a 2004 model, and the Toyota Hiace 10-seater bus mentioned in the report were only components of the programme’s logistics and were not individually valued at ₦683.7 million.

The statement noted that the audited financial statement did not assign the ₦683.7 million to the two vehicles.

It also faulted the report for admitting that the financial document did not provide a breakdown of the amount allegedly spent on the vehicles, did not state their individual prices and did not indicate whether other expenses were included.

The government said actual vehicle procurement figures contained in the same audited statement showed separate prices for other vehicles, including a Toyota Coaster 30-seater, 2015 model, purchased for ₦140 million; Toyota Hiace Hummer Bus, 2021 model, ₦156.95 million; and Toyota Corolla models, 2019/2020, purchased for ₦28.98 million and ₦50.71 million respectively.

It argued that the figures further contradicted the claim that ₦683.7 million was spent solely on a 2004 Toyota Camry and a 10-seater Hiace bus.

The government described the report’s headline as a distortion based on an assumption rather than evidence contained in the audited financial statement.

“The public deserves accurate information, not sensationalism,” the statement said.

The Makinde administration, it added, remained committed to transparency, accountability and responsible financial management, stressing that the state’s audited financial statements were publicly available and prepared in line with statutory requirements.

While welcoming scrutiny of its finances, the government urged media organisations to ensure that their reports were grounded in the facts contained in official documents.

It maintained that the claim that Oyo State spent ₦683.7 million to purchase the two vehicles was “false, misleading and inconsistent with the financial records cited.”

Tags: Oyo State Government
SendShareTweet
The News Bearer

The News Bearer

Related Posts

News

ADC faults FG’s N50,000 monthly cash relief, calls it election gimmick

October 31, 2026
News

Police hunt three teenagers over killing of 15-year-old Javits Frimpong in US

October 31, 2026
News

Fidelity Bank, Ministry support vulnerable households with 2,000 food packs in Abuja

October 31, 2026
News

Sowore hospitalised after attack in Ekiti, police begin investigation

October 30, 2026
News

Defence Minister seeks local production of military equipment to tackle insecurity

October 30, 2026
News

PSC promotes over 3,800 police officers, elevates 2 DIGs, 10 AIGs

October 30, 2026
Load More

Recommended

Corpse of missing septuagenarian found in Ogun forest

2 years ago

Anambra police arrest cult member linked to murder, abduction of innocent victims

1 year ago

Don't Miss

Toluwanisings’ death and social media prosecutors

November 1, 2026

JaceBen’s ‘No Limit’ Hits 6,000 Streams in First 24 Hours

October 31, 2026

ADC faults FG’s N50,000 monthly cash relief, calls it election gimmick

October 31, 2026

Three dead, four injured as shopping complex collapses in Osun

October 31, 2026
TheNewsBearer

Stay informed with Breaking News Online in Nigeria on The News Bearer. Get real-time updates and analysis of national, international events.

Follow us

Recent News

Toluwanisings’ death and social media prosecutors

November 1, 2026

JaceBen’s ‘No Limit’ Hits 6,000 Streams in First 24 Hours

October 31, 2026

Categories

  • Automotive
  • Business
  • Business Tools
  • Celebrities
  • Column
  • Crime
  • Education
  • Featured
  • Features
  • Finance & Tech
  • Fitness
  • Health
  • Health & Wellness
  • History
  • Interview
  • Lifestyle
  • Metro
  • News
  • Opinion
  • Personal Development
  • Politics
  • Relationships
  • Sports
  • Travel
  • Travel & History
  • Uncategorized
  • Wellness

Tags

Adamawa State Police Command Allied People’s Movement (APM) All Progressives Congress (APC) Anambra State Police Command Benue State Police Command Delta State Police Command Diet Tips DIG Hashimu Argungu Dr Festus Adedayo Dr Sulaimon Olanrewaju Economic and Financial Crimes Commission EFCC FCT Police Command Federal Government of Nigeria Fidelity Bank Fidelity Bank Plc Governor Seyi Makinde Health Symptoms Hon. Bimbo Adekanmbi IGP Kayode Egbetokun IGP Tunji Disu Inspector General of Police Kwara State Police Command Lagos State Police Command Lagos State Taskforce National Drug Law Enforcement Agency (NDLEA) Nigeria Nigerian Army Nigeria Police Force Oba Francis Alao Ogun State Police Command Olubadan of Ibadanland Olugbon of Orile-Igbon Oyo State Oyo State Government Oyo State Governor Oyo State Police Command Polaris Bank Police Service Commission President Bola Ahmed Tinubu Rivers State Police Command Senator Sharafadeen Alli Skin Care Thenewsbearer University of Ibadan Women's Health
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2024 TheNewsBearer - Premium Nigerian and global news by TheNewsBearer.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
    • Home – Layout 4
    • Home – Layout 5
  • Health
  • Lifestyle

© 2024 TheNewsBearer - Premium Nigerian and global news by TheNewsBearer.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.