The Economic and Financial Crimes Commission (EFCC) has frozen an Osun State Government bank account just few days to the conduct of governorship election in the state.
The development, which was confirmed by the governor, Ademola Adeleke, has sparked fresh anxiety within the state.
The affected account, domiciled with First Bank, was placed on “Post No Debit (PND)” status, preventing withdrawals and other debit transactions from it.
It was gathered that the account is among those used by the state government for official financial transactions, including salary payments.
The governorship election in the state is scheduled to take place on Saturday, August 15, 2026.
Meanwhile, Governor Ademola Adeleke has directed the state Attorney-General and Commissioner for Justice to challenge in court the freezing of the state government account by the EFCC.
Addressing reporters at the Government House, Osogbo, the governor described the action as a breach of the rule of law and demanded an explanation from the EFCC Chairman, Ola Olukoyede, on the reason behind the decision.
He called on Nigerians and residents of Osun State to pay attention to the development, describing it as a matter of public concern.
“All I ask is for the EFCC chairman to explain to the good people of Osun State and Nigerians in general why he froze the Osun State Government account and provide evidence to support whatever reason he presents.
“This and other actions being taken against Osun State are turning our democracy into a huge joke,” Adeleke said.
The governor added that he had instructed the Attorney-General to file a suit at the Federal High Court in Osogbo to challenge the action of the anti-graft agency.
As of the time of filing this report, the EFCC had yet to publicly state the reason for the restriction placed on the state government account.
