Politics
Osun Is Indebted To The Tune Of N407.32 Billion – Governor Adeleke
Osun State Governor, Ademola Adeleke has disclosed that the state is indebted to the tune of N407.32 billion.
Briefing traditional rulers at their monthly meeting at traditional rulers chamber inside the State Government Secretariat on Thursday, the Governor said his predecessor must explain why the state is owing salaries and pensions to the tune N76 billion having gotten N50 billion as bail out for salary.
He said the state owed N331.32 billion while salaries and pensions owed workers amount to N76 billion.
Adeleke explained that the repayment period for the loan facilities ranges from 16 months to about 28 years.
“My good people of Osun state, the total loan stock as of today is N331.32 Billion.
“If the N76 billion debt on salaries and pension are added, the state is indebted to the tune of N407.32 billion. The amount owed to contractors is yet to be determined.
“The only fund in government coffers, as of Monday 29th November, was for November 2022 Salary. Otherwise, the state treasury was empty.
“As your governor, I will ask questions on your behalf. And will demand answers,” Adeleke told the traditional rulers.
He added, “Governor Oyetola must explain how the N331 Billion borrowed in the name of Osun State was expended, with no obvious infrastructural development to justify this huge debt.
“Governor Oyetola must explain how the N18 Billion Bridge Loan taken after he lost the election on July 16, 2022, was expended.
“Governor Oyetola must also explain why Osun state is owing salaries and pension to the tune of N76 Billion after collecting a N50 Billion Salary Bail Out Loan from the Federal Government
“The creditors, especially the Commercial Banks must explain why various loans were given to an administration beyond its 4-year tenure. 28 years is equivalent to the tenure of at least four governors. A child that is born today would have earned a Ph.D. at 28 years of age. This is nothing but mortgaging the future of Osun State with nothing to show for it. This is definitely not acceptable.”
According to his statement, while the loans categorized under Budget Support Facility, Salary Bail Out Loan, Restructured Commercial Bank Loans, Excess Crude Account (ECA) Loan, CBN Infrastructure Loan, FGN Intervention Loan, already have a repayment structure plan ranging from 17 months for FGN Intervention Loan, to as much as 27 years and 9 months for the Budget Support Facility loan, the Foreign loans: $86.2m have no repayment plan information and the FGN Bridge Finance Facility took out after July 16th, 2022 to the tune of N18.04 Billion, after the ex-governor had lost his reelection bid, also has no repayment plan.
According to Governor Adeleke, “Not one kobo of these loans were left in Government Coffers, when the Deputy Governor and I resumed work on Monday 29th November 2022. No explanation on how the loan was expended.”
Politics
2027: ‘Let Tinubu Finish the Good Work’ — Oba of Benin Backs President
The Oba of Benin, His Royal Majesty, Omo N’Oba N’Edo Uku’Akpolokpolo, Ewuare II, has called for President Bola Ahmed Tinubu to be allowed to continue in office, saying the President deserves the opportunity to complete what he described as his good work.
The monarch made the remarks on Tuesday, September 15, 2026, when the Director-General of the Presidential Campaign Council, Senator Abdul’azeez Yari, led a delegation of leaders of the ruling party to the Benin Palace for consultations and prayers.
SEE MORE: Sunday Dare Highlights Tinubu’s Key Achievements, Fires Back at Steve Osuji
The delegation included the Secretary to the Government of the Federation, former governors, senators and other senior party leaders.
The remarks were disclosed by Sunday Dare, Special Adviser to President Bola Ahmed Tinubu on Media and Public Communications and Spokesperson to the President, in a post on X.
The Oba appeared to tacitly back Tinubu’s bid for a renewed four-year mandate, saying it was the prayer of the people that a leader who was doing well should be given the opportunity to continue.
“For somebody who is doing well, it is our prayer that he gets a renewed mandate,” the monarch said.
He added in Pidgin English, “As he Dey pain them. He Dey sweet us…”
The Oba also urged Nigerians and political leaders to focus on the President’s achievements and support areas where his administration was making progress.
“If one is doing well, why not join hands with the President to do what he is doing well. Let President Tinubu finish the good work,” he said.
The traditional ruler further quoted the Bible in making his case, saying, “Let he who is without sin, cast the first stone.”
The monarch also asked the delegation to convey his best wishes to President Tinubu and thanked him for receiving him warmly in Abuja.
“Convey my best wishes to Mr. President. Give my appreciation to the President receiving me so warmly in Abuja,” he said.
The Oba’s comments come amid increasing political consultations ahead of the 2027 general elections, with President Tinubu’s potential second-term bid expected to remain a major issue in the coming political season.
Politics
NDC Condemns Attack on Members in Enugu, Accuses APC of Sponsoring Thugs
The Nigeria Democratic Congress (NDC) has condemned an alleged attack on its members during a peaceful grassroots meeting in Obuoffia Ward, Nkanu West Local Government Area of Enugu State.
In a statement issued on Monday, September 14, 2026, the party described the incident as an “unprovoked and dastardly attack” and alleged that its members had been repeatedly targeted by state-sponsored thugs.
SEE MORE: 2027 Election: Obi–Kwankwaso Group Warns of Plot to Divide NDC in Enugu
The NDC said its members, as a registered political party, have a constitutional right to participate in the democratic process through peaceful assembly.
“This incessant assault on our members by state-sponsored thugs must stop,” the party said.
“No amount of intimidation will silence this constitutionally guaranteed right.”
The party alleged that the violence against its members in Enugu and other parts of the South-East amounted to an attack on democracy and the freedom of association guaranteed by the Nigerian Constitution.
The NDC also accused security agencies of being complacent and slow to respond to attacks against opposition members in Enugu and across the South-East.
“We also condemn the complacency and lackadaisical attitude of the security agencies towards the opposition in Enugu and across the South-East,” the statement read.
According to the party, the alleged failure of security agencies to act promptly had emboldened those behind the attacks.
The NDC further claimed that it had previously suffered two attacks in Imo State during a town hall meeting and consultation involving its senatorial candidate, Uche Onyeagocha.
The party alleged that the ruling All Progressives Congress (APC) in Enugu was “jittery and disturbed” by what it described as the growing momentum of the NDC ahead of the 2027 general elections.
However, the party vowed to continue its political activities despite the alleged attacks.
“The NDC will not be cowed. We will continue to organise, mobilise, and defend the democratic space,” it said.
The party also called on security agencies to immediately investigate the incident and ensure that those responsible, including their alleged sponsors, are brought to justice.
“If the goal of those sponsoring these thugs and attacks is to instil fear in the hearts of the people, they have failed woefully,” the NDC said.
It added that the incident would instead strengthen its resolve to mobilise support for the party and its candidates ahead of the 2027 elections.
Politics
2027: I’ll Pay ₦500,000 Monthly Living Wage If Elected — Sowore Tells Nigerians
African Action Congress (AAC) presidential candidate, Omoyele Sowore, has promised to introduce a ₦500,000 monthly living minimum wage for Nigerian workers if elected president in 2027.
Sowore disclosed this in an interview with Independent Newspaper on Sunday, as he outlined his economic agenda ahead of the 2027 presidential election.
SEE MORE: Defamation Trial Takes Twist as Sowore Withdraws DSS DG Subpoena
He said the proposed wage would address the economic hardship facing Nigerian workers and reduce the gap between ordinary citizens and political office holders.
“We intend to change that fundamentally. We are proposing a ₦500,000 monthly living minimum wage because Nigerian workers cannot continue receiving starvation wages while senators, governors and political appointees consume millions every month,” Sowore said.
The AAC candidate said the wage proposal was part of a broader plan to ensure that Nigeria’s wealth benefits ordinary Nigerians.
He also promised to deliver 24-hour electricity, arguing that reliable power was necessary for economic growth and industrial development.
“We will deliver 24-hour electricity because no serious industrial economy can operate permanently on generators,” he said.
Sowore further pledged to make education free and accessible at all levels, construct one million public mixed-income homes, reform tenancy laws, improve healthcare and expand agricultural production and processing.
On the economy, he said his administration would focus on raising wages, reducing transportation and energy costs, supporting domestic manufacturing and agriculture, and investing in productive infrastructure.
“Economic policy must answer one basic question. Does it improve the material condition of the Nigerian people? If it does not, it has failed,” Sowore said.
He also promised an “uncompromising war against corruption” and vowed to recover public resources stolen by political office holders.
Sowore, who is contesting the presidency for the third time, said he believed AAC had a stronger chance in the 2027 election, with Nigerians serving as the party’s greatest strength.





