Why Oyetola Should Govern Osun In 2026 – MKO

Alhaji Isiaka Adegboyega Oyetola’s governance of Osun State (2018–2022) is often remembered for his prudent management of limited resources. A fair comparison with the current administration’s handling of resources highlights key differences in strategy, priorities, and impact.

1. Fiscal Management During Oyetola’s Tenure

Oyetola inherited a state burdened by significant debts, limited federal allocations, and an overreliance on Internally Generated Revenue (IGR). Despite these constraints, he demonstrated commendable fiscal discipline:
•Debt Reduction: Oyetola avoided taking on new loans unnecessarily and focused on managing existing debts efficiently.
•Salaries and Pensions: His administration prioritized regular payment of salaries and pensions, even in the face of revenue shortfalls, which earned him the trust of civil servants and retirees.
•Project Execution: Projects were carefully planned within the available budget, with a focus on value for money. Infrastructure projects like road construction and healthcare revitalization were completed without compromising the state’s financial stability.

*2. Comparison with the Current Administration*

The current administration, led by Governor Ademola Adeleke, has access to relatively increased resources, owing to factors such as:
•Higher Federal Allocations: An improved revenue-sharing formula and a slight increase in oil revenue have provided more funds for state governments.
•Internally Generated Revenue (IGR): Osun’s IGR has seen some growth, partly due to previous reforms and increased economic activities.

However, there are concerns regarding the prioritization and management of these resources:
•Spending Patterns: While the current administration has announced new projects and initiatives, critics argue that some spending decisions lack the fiscal discipline Oyetola exhibited.
•Debt Management: Reports suggest that the current administration has considered additional borrowing to fund projects, which raises concerns about long-term financial sustainability.
•Continuity of Projects: Some key projects initiated by Oyetola, such as the revitalization of primary healthcare centers, have not received the attention needed for completion, leading to stalled development in critical areas.

*3. Impact of Resource Utilization*
•Oyetola’s Tenure: Despite limited resources, Oyetola’s administration emphasized efficient resource utilization. Projects like the rehabilitation of over 300 primary healthcare centers, construction of major roads, and improvement in education infrastructure were evidence of his strategic approach to governance.
•Current Administration: Governor Adeleke’s administration has focused on programs such as infrastructure and empowerment initiatives. However, critics note that the implementation sometimes appears rushed, without the detailed planning that characterized Oyetola’s tenure.

Why Oyetola Should Govern Again
1. Proven Track Record: Oyetola demonstrated the ability to do more with less, ensuring that every naira spent directly benefited the people.
2. Focus on Sustainability: His commitment to avoiding unsustainable debt positioned the state for long-term stability, which could be reinforced with another tenure.
3. Continuity of Vision: Returning Oyetola to office in 2026 would ensure that previously initiated projects are completed and that the state continues on a path of sustainable development.

*A Forward-Looking Perspective*

The comparison underscores the importance of having a leader who prioritizes fiscal responsibility and sustainable growth, especially in a resource-constrained environment like Osun State. Alhaji Isiaka Adegboyega Oyetola’s return could provide the state with the steady, visionary leadership needed to maximize available resources and secure a brighter future for all citizens.

By Seriki Musulumi of Iwoland, Kamal Okunola Ph.D, MBA, FCMR, ACA, ACS