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Shaken But Not Stirred…Oyetola Wins the Battle for Osun State
By Eric Elezuo
All is well that ends well happens to be the saying on the lips of every All Progressives Congress (APC) member in Osun State and the federation as a whole as Alhaji Isiaka Adegboyega Oyetola beat all odds to return as the Governor, putting to rest a long drawn battle for the soul of Osun State.
After a spirited electoral effort characterized by accusations and counter accusations, Oyetola, who has hitherto remained an unknown name in the Nigerian political landscape, suddenly emerged the newest political muscle in the politics of Osun State, the All Progressives Congress (APC), the South West, and to a considerable extent, the country. He was the Chief of Staff to the former Governor of Osun State, Ogbeni Rauf Aregbesola before destiny, providence and luck smiled on him, trans-mutating him to the state chief executive status.
Before now, Oyetola has operated behind the scene, never stood for any election but performed his duties with all diligence prompting the commendation and recommendation of his boss, who rewarded him with the opportunity to stand for the gubernatorial election both at the primaries level, and consequently on the state level where he eventually emerged winner.
The victory of Oyetola with 255, 505 votes over his closest challenger with 255, 023 did not come cheap, having had to ward off a strong challenge led by the candidate of the Peoples Democratic Party (PDP), Ademola Adeleke. He was deemed to have lost as he trailed by about 400 votes after the main day election on Saturday, September 22, 2018. He was however, rescued by supplementary election held five days later which made him coast home to victory.
As a result, the 64 year old public servant superimposed over the Osun State Aregbesola left behind.
However, the candidate of the Peoples Democratic Party (PDP), Mr. Ademola Adeleke, rejected the election and its results as a charade and a coup against Osun residents, and swore to go the whole length to retrieve his mandate in court. Based on the controversy surrounding the eventual overcome of the elections, stakeholders in the political and legal platforms believed he stood a chance, though the last time the Supreme Court overturned governorship elections result was in 2010, incidentally in favour of a former Osun State governor, Aregbesola. Though Adeleke started on a good note, rattling his rival by winning at the Tribunal, however, judgments from the Appeal Court, and finally at the Supreme Court gave victory to the APC candidate, Gboyega Oyetola.
Formerly a kingmaker, now a king himself, Oyetola, who reportedly is Asiwaju Bola Tinubu’s cousin, has a vast experience as a long time accounting and brokerage executive in the private sector.
Smarting from an election which many believed was manipulated to his credit, though independent National Electoral Commission (INEC) and the Police denied complicity, and the courts have now validated, Oyetola, who had been managing to stand tall and surmount the yearning challenges that come with being the chief executive officer of a state, especially a controversial state of Osun calibre, which allegedly is known for tilting towards Islamic tendencies and inclinations. Today, the frustrations of expectation have come to an end, and now, the governor can concentrate to give the people of Osun State the best of governance.
Not only that, staring him straight in the face is the debt profile of the state which runs into hundreds of millions of naira; a situation that prompted either none payment of staff salaries or deduction in percentage of payments. How he reconcile the payment of staff which his processor is known to have mishandled, will either endear him to the hearts of many or turn him to an overnight villain. It has not been forgotten though that he is a part of the immediate past administration, as well as part of their mess up or glory depending on the side of the divide one is, or rather the way one looks at it.
As nothing is a distraction for Oyetola now, he will need to turn around the state’s IGR in an environment populated by civil servants with little or no production capacity, and is still in the business of paying accumulated debts.
It was reported that at some point in 2016, the state earned nothing in federal allocation as creditors were paid from source to offset due loans. As at May 2018, the state’s debt profile was over N170 billion. But the opposition has put the debt to over N200 billion with a timeline of 20 years to pay off. That’s the herculean task Oyetola is face with.
The Governor was born on April 25, 1956, in Iragbiji, Boripe Local Government Area, and attended Ifeoluwa Grammar School in Osogbo, where he finished in 1972.
In 1978, he graduated from the University of Lagos with a degree in insurance. He obtained a master’s degree in business administration in 1990 from the same institution. His national youth service was in Potiskum between 1978 and 1979. Apart from degrees from the University of Lagos, he is also an Associate of the Chartered Institute, London and Nigeria, and a Member, Nigerian Institute of Management.
He started his professional career with Leadway Assurance Company Limited as an Area Manager in 1980, and spent seven years with the outfit before joining Crusader Insurance Company Limited in 1987 as an Underwriting Executive. He left Crusader in 1990, and joined Corporate Alliance Insurance as Controller Technical. At a stage, he set up his own firm, Silvertrust Insurance Brokers, and has been on the board of many firms ever since
Oyetola was the Executive Vice Chairman of Paragon Group of Companies with interest in Oil and Gas, Real Estate, Stock Broking and many more until his appointment as the Chief of Staff to the Governor of the State of Osun in 2011. He is married with children.
Close to one year may have been used in litigation matters, but the technocrat governor still have a lot of time to redeem himself, his party and his former boss, and give the people of Osun reasons to retain him for another term come 2022.
It is now completely irrelevant whether the elections and the results were manipulated as the Supreme Court; the highest court in the land, has spoken. Oyetola must now squarely face the business of all inclusive governance.
Arise Television anchor, Rufai Oseni, has alleged that there may be attempts to prevent key opposition figures, including Peter Obi and Atiku Abubakar, from appearing on the ballot for the 2027 general elections.
Oseni’s remark followed a Federal High Court judgment ordering the de-registration of some political parties.
Justice Peter Lifu of the Federal High Court in Abuja, on Monday, ordered the Independent National Electoral Commission (INEC) to deregister the African Democratic Congress (ADC), Accord Party (AP), Action Peoples’ Party (APP), Zenith Labour Party (ZLP), and Action Alliance Party (AAP) over alleged constitutional breaches.
The judgment arose from a lawsuit filed by the Incorporated Trustees of the National Forum of Former Legislators (NFFL), which argued that the affected parties failed to meet constitutional and statutory electoral performance requirements necessary for continued recognition as political parties.
Justice Lifu subsequently barred INEC from recognising the affected parties, accepting nominations from them or permitting them to participate in activities related to the 2027 general elections.
The ruling, if upheld, could affect the political ambitions of several politicians, including former Vice President Atiku Abubakar, who is the ADC presidential flag-bearer, and Osun State governor Ademola Adeleke, who is seeking re-election on the platform of the Accord Party.
But speaking on Arise TV’s Morning Show on Tuesday, Oseni described the court ruling as a “test” of public reaction, warning that more actions could follow ahead of the next general election.
According to him, opposition parties such as the African Democratic Congress, ADC, and the Nigeria Democratic Congress, NDC, should be cautious, claiming that efforts could be made to stop major figures from participating in the election.
Oseni argued that the judgment was part of a broader process aimed at shaping the political landscape ahead of 2027.
He maintained that the ruling came despite some of the affected parties having recorded electoral victories in recent elections.
He warned that Nigerians must remain vigilant to safeguard the country’s democracy, stressing the need for judicial reforms alongside efforts to tackle insecurity.
Oseni said: “NDC, ADC should be careful because there will be attempt, and this is me predicting now, to ensure that Obi, Atiku and other big contenders are not on the ballot.
“This that you saw yesterday is just a test. This is not the real place where the whole thing is going. This is me predicting now.
“You know before you have a show you test the microphone. They want to see the reactions of Nigerians. More is still coming.
“You can see how they carry a judgement when ADC won two House of Representatives seats in Kogi, one Kogi House of Assembly seat, APP one chairmanship seat in Jigawa, Zenith Labour party won several seats in Abia, but they still went ahead and issued judgement for deregistration after the Court of Appeal, a higher court, said it should stay on that.
“If we want to deal with this judicial rascality, can I tell you something? The judge that gave this judgment, nothing will happen to him. Nothing on this earth. They are just coming.
“And who is leading this group? Gbajabiamila. Have you forgotten what Gbajabiamila said on Hon Ajibade’s birthday? So they are just coming. This one is just a test. The next one they will do is the NDC.
“With the way they’re going, if Nigerians don’t shine their eyes when they will finally have this election, you will not have the major contenders in the ballot. This thing they have just done is to test reactions from Nigerians.
“I saw this thing coming. You know we are going into an election in which Atiku Abubakar is the only major candidate from the North. It’s not like the last one you have Kwankwaso that can split the Kano votes. And you have Peter Obi and general consensus that a lot of people are in abject penury, insecurity is raging hard.
“This is the beginning of many things. They are just testing the microphone. It’s engineered. More is coming. Nigerians, it is you that will save your democracy. Judicial reforms have become so important as insecurity in Nigeria.”
The African Democratic Congress (ADC) presidential candidate, former Vice President Atiku Abubakar, has picked former Rivers State Governor and former Minister of Transportation, Rotimi Amaechi, as his running mate.
Announcing the decision, ADC National Publicity Secretary, Bolaji Abdullahi, said Amaechi’s emergence followed broad consultations within the party and reflected his strong performance as runner-up in the party’s presidential primaries as well as his track records of service to his state and the country.
According to the ADC, Amaechi’s extensive experience across both the legislative and executive arms of government, as former Speaker of the Rivers State House of Assembly, two-term Governor of Rivers State, and former Minister of Transportation, makes him uniquely qualified to complement Atiku’s leadership, strengthen the party’s national appeal, and bolster its campaign to offer Nigerians an experienced and credible alternative ahead of the 2027 presidential election.
The party said the choice of Amaechi underscores its commitment to presenting a leadership team with proven governance experience and national appeal as it prepares for the 2027 presidential contest.
ThisDay
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company Limited (NNPCL) “over its failure to account for approximately ₦5.9 billion reportedly spent on the incorporation, transition, and rebranding of NNPC into NNPCL.”
The NNPC reportedly paid N2.9 billion for incorporation expenses from petroleum product proceeds, while the National Petroleum Investment Management Services (NAPIMS) also charged N2.9 billion to crude oil revenue for the same purpose, bringing the total amount spent on the rebranding of NNPC to NNPCL to ₦5.9 billion.
In the suit number FHC/ABJ/CS/1248/2026, filed last week at the Federal High Court in Abuja, SERAP is seeking “an order of mandamus to direct and compel the NNPCL to account for about ₦5.9 billion allegedly spent on the rebranding of the NNPC to the NNPCL.”
SERAP is asking the court to “direct and compel the NNPCL to provide a comprehensive reconciliation statement detailing the specific financial transactions relating to the ₦5.9 billion expenditure, including the identities of the contractors involved, and how the funds were utilized for the rebranding of NNPC to NNPCL.”
SERAP is also asking the court to “direct and compel the NNPCL to disclose the names and official positions of the government officials who authorized and approved the release and expenditure of the ₦5.9 billion reportedly spent on the rebranding of NNPC to NNPCL, and to clarify whether the expenditure complied with applicable procurement laws and due-process requirements.”
In the suit, SERAP is arguing that: “There is a legitimate public interest in the disclosure of the details sought. The NNPCL has a legal responsibility to explain whether the ₦5.9 billion expenditure represents value for money, constitutes lawful spending of public funds, and complies with applicable due process requirements.”
SERAP is also arguing that, “There ought to be full transparency and accountability regarding the reported ₦5.9 billion spent on rebranding NNPC to NNPCL. Nigerians have the right to know who approved the expenditure, who received the funds, the nature of the services rendered, and whether due process and procurement requirements were strictly followed.”
According to SERAP, “the disclosure of the identities of the officials involved and the processes followed in approving the expenditure would enable the public to assess whether the expenditure was properly authorized, represented value for money, and was undertaken in accordance with due process and procurement requirements.”
“Given the size of the reported expenditure and the importance of transparency in the management of public resources within the petroleum sector, there is an urgent need for a prompt, thorough, and transparent disclosure of the details surrounding the spending of the funds.”
The suit filed on behalf of SERAP by its lawyers, Oluwakemi Agunbiade, Kehinde Oyewumi, and Andrew Nwankwo, read in part: “The alleged spending of the ₦5.9 billion suggests a grave violation of the public trust and the provisions of the Nigerian Constitution 1999 [as amended], national anticorruption laws, and the country’s international anticorruption obligations.”
“The failure to account for the spending of the ₦5.9 billion on rebranding from NNPC to NNPCL reflects a failure of NNPCL accountability more generally and is directly linked to the institution’s continuing failure to uphold transparency and accountability principles.”
“The refusal or failure of the NNPCL to provide a detailed account of the expenditure undermines the right of access to information concerning the management of public resources.”
“Senate Committee on Public Accounts reportedly raised serious concerns regarding the expenditure of the ₦5.9 billion described as incorporation and transition expenses allegedly incurred during the process of transforming the NNPC into the NNPCL.”
“The Committee described the spending of the ₦5.9 billion as excessive, unjustifiable, and deserving of further explanation, investigation, and legislative scrutiny in the public interest.”
“The transformation of the national oil company from the NNPC into the NNPCL occurred following the enactment of the Petroleum Industry Act (PIA) 2021, which required the corporation to become a commercially oriented limited liability company fully owned by the federal government.”
“Section 13 of the Nigerian Constitution 1999 [as amended] requires all public institutions including the NNPCL to conform to and apply the provisions of Chapter II of the Constitution, while Section 15(5) mandates the public institutions to abolish all corrupt practices and abuse of power.”
“Similarly, Section 16 of the Constitution requires the public institutions to ensure that the material resources of the nation are harnessed and distributed as best as possible to serve the common good.”
“Articles 5 and 9 of the UN Convention against Corruption require Nigeria to ensure transparency and proper management of public funds.”
“Article 21 of the African Charter on Human and Peoples’ Rights recognizes the right of peoples to freely dispose of their natural resources and provides that the misappropriation of such resources shall give rise to the right of the people to recovery and compensation.”
