Oyebamiji’s Economic Blueprint ‘Undesirable’, ‘Capital Flight-Oriented’-Gov Adeleke…Ignore False Narrative Promoters, It’s Mere ‘Phantasm’-AMBO Media Fronts

Governor Ademola Adeleke of Osun State on Sunday condemned an economic blueprint that was according to him released by the state APC gubernatorial candidate, Asiwaju Muniru Bola Oyebamiji, describing it as ‘capital flight- oriented’, old school thinking and evidence of getting behind on the news in respect of the socio-economic advances on his watch.

The governor in a statement issued in Osogbo on Sunday and made available to Team@orientactualmags.com noted that a review of Mr Oyebamiji’s economic plans confirms that his ideas are outdated and also in conflict with the progressive ideals that he professes and a condemnable attempt to reverse the economic boom currently being enjoyed by Osun State people while declaring that ‘Mr Oyebamiji by his own admission seeks to return Osun to the old era of capital flight to Lagos and suppressive tax regime to reimpose extreme poverty on Osun people’.

‘Adeleke’s economic blueprint is focused on local content for citizens’ empowerment, grassroots and artisans’ financial inclusion, bridging infra deficit to fast-track economic growth, widening tax base with reduced tax rates, integrated easing of business environment to attract investment, agro-industrialization through revived economic and free trade zones, mining sector reforms to diversify state economy among others. The current plan is people-based in conception and people-focused in implementation.

 Adeleke’s economic plan currently being implemented has empowered grassroots economy through artisan and cooperative financing of almost four billion naira; enhanced local businesses through strict implementation of the local content policy in procurement and workforce management; reinvigorated Osun Digital Economy hub to tap into multi-billion dollar global industry; increased Internally generated revenue through tax harmonization and digitization; relaunched industrialization through revival of Osun free trade zones;  reduced state debt stock through sustainable debt management;  revived agro – mechanization and cocoa revolution; re-engineered partnership for growth with Osun businesses through Osun State Chamber of Commerce;  and deepened investment drive through strong public private partnership among others.

Mr Oyebamiji’s plan is imbecilic and deficient in depth and orientation. It regurgitated and copied policies already under implementation by the current government in respect of tax reforms, industrialization, revenue digitization and management, innovative investment drive, public private partnership, agro -industrial revolution. AMBO’s economic blueprint is a recipe for economic retrogression, disempowerment of the local economy through abandonment of vital local content policy, reversal of current policy of Osun’s money serving economy of Osun and the residents.

The economy of Osun State is already on a sustainable growth trajectory. Power generation, transmission and distribution is critical to economic growth and development. Governor Adeleke has already signed into law the state electricity bill to regulate generation and distribution of electricity. An implementation process is underway. Mr Oyebamiji has no clue in such an arena. The digital economy is a global multi- billion dollar industry. Governor Adeleke has primed Osun as a digital hub to tap into the sector through a series of ICT and digital legislation now under implementation. Again, Mr Oyebamiji is oblivious of this new global trend. 

It is particularly shocking and insulting to Osun people to read of the fresh intention by Mr Oyebamiji to tie economy of Osun State to Lagos through capital flight of the old. While Southwest inter-state collaboration under Oodua framework is already ongoing, the idea of Lagos corridor from Mr Oyebamiji is a direct intention to kill Osun local content policy, destroy the drive to grow economy of Osun on a sustainable agro-industrial platform and put an end to the successful push to grow Osun prosperity through digital economy.

The height of deficiency in AMBO’s economic plan is the ludicrous mention of the blue economy strategy. We assert that as the head of the national waterway agency, Mr Oyebamiji failed to stop waterway deaths which stood at almost 1,000 by the time he left office. He failed to introduce or implement a modern waterways transport system despite an abundance of functioning systems that can be adapted. The Lagos Waterways Authority has an impressive record than what we had under AMBO as head of NIWA.

It is apt to note that under Governor Adeleke, the Owala Lake beach resort is functioning under PPP arrangements after decades of abandonment by governments under which Oyebamiji was a key player. Similar internal lakes at Modakeke and others are being projected for similar revival while key tourist sites are witnessing upgrades and modernisation under PPP model. Osun people do not need sordid records at NIWA in our state.

Like that popular song, Osun can never go back; Osun has gone too far in economic liberation, prosperity and sustainability; It is already too late for Osun to retrogress; it won’t make sense for Osun to go back to the era of corporate slavery enforced by some corporate hawks masquerading as people-loving politicians’ the statement added.

The Asiwaju Munirudeen Bola Oyebamiji (AMBO) Media Fronts has however clarified and submitted that no economic blueprint prepared by the state APC gubernatorial candidate has been made available to the people as claimed by the governor not to speak of being officially unveiled while calling what has happened ‘mere phantasm’.

‘The said economic Blueprint is a figment of the imagination of Olawale Rasheed and others who are pushing false narratives to the public because at no point in time did AMBO launch any Blueprint or Manifesto detailing his plans for the people of Osun State.

When the Independent National Electoral Commission (INEC) formally gives the go-ahead for campaigns ahead of the August 8, 2026 gubernatorial election, the All Progressives Congress, under whose banner Oyebamiji is contesting, will adequately invite the media and members of the public to interrogate AMBO’s master plan for the state’ Mr Adebayo Adedeji, who is the Coordinator of AMBO Media Fronts, submitted in a statement he issued in Osogbo and made available to Team@orientactualmags.com on Sunday.

The statement also alleged that the Adeleke administration in the real sense has no workable economic blueprint since it came into being in 2022.

‘Meanwhile, why is the Adeleke government so obsessed and concerned about whatever blueprint Oyebamiji may have formulated for the people of Osun— as if their hopeless government has one? 

Which blueprint has Governor Adeleke been implementing in the last three years? 

Of recent, the rudderless government conducted a failed summit on agriculture, till date, no roadmap, blueprint or action plan has been produced by the government to reposition Osun for greater productivity in the agricultural sector.

Which blueprint has Governor Adeleke been implementing…?

A blueprint that encourages spending N80 billion on eating and drinking and merriment in the governor’s office while students at UNIOSUN and UNILESA are charged as much as N1.5 million per session?’ the statement submitted while also raising other serious allegations.

The statement added that when Asiwaju Bola Oyebamiji, who is popularly called AMBO, is ready to unveil his  economic blueprint it will not be the duty of those AMF called ‘overwhelmed and unserious Osun State government officials’ to disclose its content to the people of Osun State but it will rather be done through appropriate channels.

‘AMBO holds the Osun State people in high esteem and he will personally present his master plan to them. And people can be assured that AMBO will not rob Peter to pay Paul’ Mr Adebayo Adedeji added-Team@orientactualmags.com  Do you have any information you wish to share with us? Do you want us to cover your event or programme? Kindly send SMS to 08035023079,  08059100286, 09094171980 or get in touch via orientactualmag@gmail.com.  Thank you