Over N783 Million Meant for Ogun Schools Redirected to Fisheries College, Group Alleges

A civic technology organisation, MonITNG, has called for an investigation into the alleged diversion of over N783 million earmarked for the construction of secondary school classrooms in Ogun State.

In a report released on Wednesday, the group disclosed that the funds, originally intended for classroom blocks in three secondary schools across the state, were traced to the Federal College of Fisheries and Marine Technology an institution with no mandate for secondary school infrastructure.

According to the report, which cited payment records obtained from GovSpend and field findings by TrackaNG, the funds were disbursed to two construction companies in multiple tranches between November 2024 and December 2025.

Payment records showed that N304 million was paid to Akinkas Interbiz Limited for the construction of a classroom block at Methodist High School, Arigbajo. Similarly, N303 million was paid to Still Earth Limited for a project at St. Peter’s College, Olomore, while an additional N176 million was allocated to the same company for work at Abeokuta Grammar School, Idi Aba.

Further breakdown revealed that on November 14, 2024, Still Earth Limited received N127.6 million as a 30 percent mobilisation payment for the St. Peter’s College project. On December 13, 2025, the company received two separate payments totaling over N352 million as additional 40 percent disbursements for the same project.

On the same date, Akinkas Interbiz Limited also received over N176 million as a 40 percent additional payment for the Methodist High School project, following an initial N127.8 million mobilisation fee in November 2024.

However, MonITNG noted that despite the substantial disbursements, field visits conducted in January 2026 found no evidence of construction activity at any of the project sites.

“In January 2026, Tracka’s field visits revealed a disturbing reality: no construction, no materials, no visible progress,” the group stated. “Students are still learning in dilapidated structures while hundreds of millions of naira have already been disbursed.”

The organisation raised concerns over why a marine-focused federal institution was supervising secondary school classroom projects in Ogun State, questioning the approval process and oversight mechanisms.

“How were these funds approved, transferred, and supposedly executed without visible results? Who signed off on project completion? Who verified payment milestones?” MonITNG queried.

Describing the situation as more than a clerical error, the group warned that the development raises red flags over procurement abuse, weak oversight, and possible diversion of public funds.

“This is not a clerical error. It is a potential case of systemic corruption involving public institutions and contractors,” MonITNG added.

The group has urged the Independent Corrupt Practices Commission (ICPC) and the Economic and Financial Crimes Commission (EFCC) to investigate the transactions, trace the payments, and hold any culpable officials or contractors accountable.

“Public funds are meant to build classrooms, not disappear without a trace,” MonITNG stressed.