A legal firm, Alaci Attorneys has formally submitted a petition to the Economic and Financial Crimes Commission calling for an urgent investigation into the administration of Osun State Governor, Ademola Adeleke, regarding the alleged mismanagement of billions of naira in special funds.
The petition, authored by human rights lawyer John Alaci Bagi and dated March 12, 2026, highlights concerns over the lack of transparency in the utilization of statutory allocations disbursed from the National Treasury between 2023 and 2025.
According to the legal firm, federal records confirm that over ₦2.6 billion was disbursed to the Osun State Universal Basic Education Board as matching grants for the 2022-2023 period, alongside more than ₦598 million released for the Teacher Professional Development Fund.
The firm further points to a 2024 presidential approval for the release of ₦6.9 billion from the Development of Natural Resources Fund and ₦5 billion from the Stabilization Fund, both intended to address economic challenges within the state.
The petition expresses alarm that despite these significant disbursements, totaling approximately ₦11.9 billion across several categories, there is no public record or visible indication that the funds were used for their intended purposes.
Alaci Attorneys argues that the failure to account for these monies constitutes a financial crime, especially as residents continue to grapple with high inflation and unemployment.
In the formal request to the EFCC, the firm insists that Governor Adeleke be invited to provide a comprehensive breakdown of these expenditures.
The legal team maintains that the state must be held accountable for these special funds to ensure they were not diverted from the critical education and infrastructure projects they were meant to finance.
The EFCC has yet to issue an official statement regarding the commencement of an investigation, while the Osun State Government has previously maintained that its financial operations are guided by the state’s Fiscal Responsibility Law.
