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BCOS ON THE BRINK: SALARY SCANDAL, ALLEGED ASSET STRIPPING SPARK OUTRAGE IN OYO STATE BROADCASTER

The Broadcasting Corporation of Oyo State (BCOS), once a dominant cultural and media powerhouse in the South-West, is now teetering on the edge of institutional collapse, as mounting salary arrears and explosive allegations of asset stripping ignite widespread outrage among stakeholders.

What was once regarded as a proud voice of the Yoruba people has descended into a symbol of administrative breakdown, worker neglect, and suspected financial recklessness.

At the heart of the crisis is a deepening wage scandal that has left staff in prolonged uncertainty and hardship. As of July, employees are only just receiving salaries for May a delay that has drawn sharp condemnation from labour observers who describe the situation as not just inefficiency, but a blatant erosion of workers’ dignity and a failure of governance.

Even more troubling are allegations that critical state-owned assets belonging to BCOS have been quietly disposed of under questionable circumstances. Reports suggest that valuable equipment including industrial generators, broadcast tools, and essential office infrastructure may have been sold or transferred without compliance with due process or public procurement regulations.

For many observers, this is no longer a case of poor management it is a full-scale institutional crisis unfolding in plain sight.

“A public institution cannot operate under a cloud of opacity and survive,” a media stakeholder noted. “What we are seeing is not just silence it is dangerous complicity.”

The spotlight is now firmly on the leadership of BCOS, particularly the Executive Chairperson, as calls intensify for accountability. Critics argue that the scale of internal decay, declining productivity, and weak oversight structures point to systemic leadership failure. Internal mechanisms meant to protect staff welfare have reportedly collapsed, leaving workers exposed and voiceless.

Beyond the corporation itself, pressure is mounting on the Oyo State Government to intervene decisively. Governor Seyi Makinde, as the custodian of state institutions, is being urged to immediately address the crisis before it spirals beyond recovery.

Analysts warn that allowing BCOS to fail under the current administration could become a defining stain on its governance record.

To salvage what remains of the broadcaster’s legacy, stakeholders are demanding urgent and concrete action. Key among these demands is the immediate launch of an independent forensic audit into all alleged asset disposals, as well as sweeping structural reforms to guarantee timely salary payments.

There are also calls for full transparency from the BCOS board regarding recent administrative decisions, alongside a credible, well-funded recovery plan to restore both operational capacity and public confidence.

For decades, BCOS has served not just as a media outfit, but as a cultural institution preserving heritage, informing the public, and connecting communities. Today, that legacy hangs in the balance.

Stakeholders warn that history will not be kind to those who stood by in silence while a once proud institution was allowed to decay.

The time for action, they insist, is now.