300B Loan: Enough of Reckless Governance in Oyo State – Olaoluwa

The Atayese of Fiditi and President, Peter Olaoluwa Foundation, POF, Olaoluwa Peter Abidemi, popularly called OPA, has cautioned the Oyo State Governor, Seyi Makinde to end his reckless governance. Olaoluwa, in a statement on Saturday and made available to journalists in Ibadan, described the recent loan approval by the state lawmakers as most unreasonable. OPA, a 2027 governorship aspirant, condemned Governor Seyi Makinde and the state House of Assembly following revelations by the lawmaker representing Saki West Local Government, Hon. Ibrahim Shittu, about the secret approval of a controversial N300 billion loan during an emergency sitting held amidst the Assembly’s ongoing recess. He described the administration of Governor Makinde as one who will give down in history of the state as most reckless and lack financial foresight who is bent on throwing the coming generations of Oyo State indigenes into eternal slavery through debt. He added that the leadership of the House of Assembly and its legislators have become willing tools in the hand ou unquestionable emperor holding sway in the state. “When one takes a critical look at the rate Oyo state government has made itself a loan collector with over N500 billion in debts between May 2019 and June 2025, one may be forced to ask if the lives of the good people of the state depends on the loan, despite increase in monthly revenue allocation from federal government. “Oyo State is highly geared. Therefore, the State is overtrading, biting more than what one can chew, which is not a good sign of the state of financial health of an Entity. “It’s not bad to borrow money in as much as the returns on what the loan is to be used for is greater than the cost of borrowing that fund, which is loan interest. “Since the government is not a profit making entity, hence accumulating a loan is not good since what the loan will be used for will not generate revenue to guarantee the repayment of the loan plus the interest.” The Chartered Accountant turned politician cautioned that such unreasonable borrowing poses a serious danger to the financial sustainability of Oyo State. Olaoluwa appealed to men and women of good conscience irrespective of religion, status, and political affinity to speak out with courage to condenn and demand accountability from the administration of Governor Makinde henceforth.

In Oyo, Makinde’s Leadership Trumps Governance | By Sulaimon Olanrewaju

  Governance is often confused with leadership but the two are poles apart. Governance is routine and predictable but leadership is innovative and dynamic. Governance is maintaining the status quo but leadership is about extending the frontiers. Governance is a structure that provides a framework for running a system; it identifies roles, establishes orders, stipulates sanctions and postulates the reward system. Governance facilitates the smooth running of a state. So, good governance is about doing the expected; it is about following the procedure; it is about keeping the hands off the till and ensuring the effective management of available resources. But leadership is much more than that. Leadership is about bursting out of routine, it is about challenging the status quo, it is about changing the course of history, it is about shaping and reshaping geography, it is about unleashing the power of a people to have new dreams, new hopes and new expectations. Leadership is bridging the gap between possibilities and realities. It is unlocking a people’s innate abilities to actualise their potential. The defining difference between governance and leadership is the size of the vision behind each; while governance’s focus is the moment, leadership’s vision encompasses both the present and the future. Leadership weighs the impact of every action by its effect on the future. Leadership dreams big. Leadership aims high. Leadership is audacious. Leadership is ambitious. Leadership is intentional. Leadership knocks off the limit. Leadership is neither deterred by difficulties nor dissuaded by impossibilities. Where leadership reigns, impossibility is crushed. refuel in Ibadan, thus providing an alternative to airports in Nigeria and other West African countries. The facility improvement resulted in an increase in the number of airlines operating at the airport as well as the number of flights in and out of the airport. Thus, the tethered giant started showing signs of greatness gradually. Therefore, upgrading the airport to international standard is a natural follow-up to the investment of the state in the airport. In the same vein, having an international airport is a sequel to what Governor Makinde has already put in place in the state; from developing the state’s human capital to creating various opportunities for the citizens, to strengthening small and medium scale businesses, supporting smallholder farmers, connecting all the zones with good roads, creating an enabling environment for businesses to thrive, investing in the development of agribusiness and positioning the state to take advantage of its tourism sites as well as its cultural heritage. This is because aviation is an enabler of trade, a harbinger of investment, a promoter of agriculture, a facilitator of manufacturing and an ally of tourism. So, aviation is a major driver of development. Experts have opined that upgrading the airport would increase the state’s visibility, accessibility and viability, which could attract investment capital and stimulate growth in various sectors of the economy. They also state that the presence of an international airport in the state would boost tourism-related ventures, real estate development, and other business opportunities. They add that the international airport will lead to the creation of job opportunities and boost regional and international trade in the state. Explaining the rationale behind the upgrade, Makinde, while speaking at the inauguration of the Bimbo Adekanmbi-led committee which was constituted to midwife the airport upgrade, said upgrading the Ladoke Akintola Airport to international standard would support his administration’s drive to expand the economy of the state through agribusiness. He added: “The decision to convert our existing local airport into an international airport was not a hasty one; we are not engaged in a let-me-do-this-because-other-governors-are-doing-it-competition. “This is a well-thought-out decision based on science, logic and data. This vision is already four years old and we laid the groundwork in our first tenure.” He added, “We have preliminary data to support this move and part of the work this committee will be doing is providing us with the definite numbers through a comprehensive passenger data analysis and ensuring that all the groundwork is laid to fulfil requirements for building an international airport as stipulated by the Nigeria Civil Aviation Authority (NCAA).” While speaking on the benefits of having an international airport during the ground-breaking ceremony of the upgrade the other Wednesday, Governor Makinde said, “This airport will connect Oyo State to the global market. It will improve ease of doing business, bringing investments into agribusiness, manufacturing and technology sectors and positioning Ibadan as a true regional business hub.” The governor, who listed MRO and cargo facilities as some of the features the upgraded airport would parade, described the project as a strategic investment that would be delivered on time and within budget. However, while the bulk of the citizenry is having a kick out of the prospect of having an international airport, the first phase of which the Governor promised would be ready within 12 months, some people in the state are kicking against the project. In the estimation of those people, an international airport in Ibadan would not serve the majority of the citizens, so it should not be the priority of the state. For such people, a retreat into history would be quite helpful. When Chief Obafemi Awolowo, as Premier of Western Nigeria, established the Western Nigeria Television (WNTV) in 1959, there was no market for the services of the station in Ibadan or elsewhere on the continent. As a matter of fact, the number of television sets in the country was less than 20. So, there was resistance to the move as some people felt that the television station should not be the priority of the region. But because Awolowo saw into the future, he went against the grain and set up the television station, which was the first in Africa. Today, tens of millions of people across the African continent earn their living from television. Today, Ibadan is regarded as the home of television in Africa. This is one of the reasons Oyo State is regarded as the pacesetter in the country. In the same … Read more

Conference Of Speakers Chairman, Ogundoyin Harps On Continuous Legislative Reforms For Effective Governance

  By Adeleke Maria   Chairman of the Conference of Speakers of State Legislatures of Nigeria, Rt. Hon. Adebo Ogundoyin has emphasized the need for continuous legislative reforms to achieve and sustain effective governance in Nigeria. The Chairman spoke on Tuesday at the Partnership to Engage, Reform and Learn (PERL) programme closeout and dissemination event in Abuja. Rt. Hon. Ogundoyin highlighted the successes of the PERL program, which has fostered a culture of collaboration, accountability, and transparency in governance over its 8-year journey [1). “The PERL program has achieved remarkable milestones, including strengthening the capacity of State Houses of Assembly, supporting landmark legislation, enhancing public participation, and promoting transparency and accountability.” He noted that building on PERL’s successes, Nigeria is poised to make significant strides in governance reforms, focusing on sustaining and scaling up the program’s achievements. Speaking on some of the key reforms, Rt. Hon. Ogundoyin stressed that autonomy was vital for promoting federalism and ensuring representative democracy. According to him, when State Houses of Assembly are autonomous, they will perform oversight functions effectively, represent their constituents rightly, and ensure power devolution to grassroots levels. He emphasized that further legislative reforms are crucial for strengthening democratic institutions, addressing emerging challenges, promoting transparency, and accountability. While calling for full financial autonomy for all State Assemblies, the Conference Chairman noted that many countries have successfully implemented autonomy for their sub-national legislatures. Rt. Hon.Ogundoyin assured that negotiation and consultation will continue to ensure more states comply with the constitutional provision on financial autonomy for State Legislatures in Nigeria. He expressed gratitude to the PERL team and staff for their dedication and expertise in driving governance reforms in Nigeria.