Adeleke Criticises APC Candidate’s Economic Blueprint, Warns of Policy Risks

Osun State Governor, Ademola Adeleke, has criticised the economic blueprint unveiled by the governorship candidate of the All Progressives Congress (APC), Bola Oyebamiji, warning that the proposals could undermine recent economic reforms in the state.

In a statement issued on Sunday in Osogbo by his spokesperson, Olawale Rasheed, the governor said an assessment of Oyebamiji’s document revealed policy directions that differ sharply from the development framework being implemented by his administration.

According to the statement, the Adeleke administration’s strategy is anchored on local content utilisation, grassroots empowerment and reduced tax burdens, while the opposition’s blueprint allegedly promotes policies that could encourage capital flight from the state.

“Our approach is designed to ensure Osun resources directly benefit Osun residents,” the statement said.

The governor highlighted ongoing initiatives, including artisan and cooperative financing programmes valued at nearly ₦4 billion, enforcement of local content policies in procurement, and the revitalisation of the Osun Digital Economy Hub to expand participation in the global technology sector.

The statement added that reforms in tax harmonisation and digitisation had improved internally generated revenue, while the revival of free trade zones and agro-mechanisation programmes had repositioned the state for industrial growth and agricultural expansion.

Responding to perceived similarities between both policy documents, Adeleke alleged that some aspects of the APC blueprint mirrored projects already being executed by his administration.

“Several elements highlighted by the APC candidate are policies that are currently under implementation by this administration,” the statement noted.

The governor also referenced recent legislative actions, including the signing of the state electricity law to regulate power generation and distribution, adding that implementation processes were ongoing to strengthen energy supply as a foundation for economic development.

On regional collaboration, Adeleke said inter-state partnerships within the South-West were already active but cautioned against arrangements that could weaken Osun’s local economy.

“Any framework that sidelines local content risks reversing hard-earned gains,” the statement said.

Addressing references to the blue economy, the governor pointed to ongoing public-private partnership projects such as the Owala Lake Beach Resort, which he said had been revived after years of neglect, alongside plans to develop other inland water and tourism assets.

Adeleke reaffirmed his administration’s commitment to sustaining current reforms, warning against policy shifts that could derail progress.

“Osun is on a path of inclusive growth and economic stability, and we remain focused on policies that protect and advance these gains,” the statement added.