The economic landscape of Osun State has witnessed a significant downturn since November 2022 under the governance of the People’s Democratic Party (PDP) led by Governor Ademola Adeleke. Concerns have mounted over declining performance and weakened fiscal stability, with the state’s Internally Generated Revenue (IGR) plagued by inefficiencies and alleged diversion of public funds.
Disturbingly, Osun now trails behind Ekiti State in key indices such as fiscal discipline, financial policy, IGR growth, governance standards, and adherence to due process.
Harnessing Osun’s Economic Assets for Revival
Before the current administration, Osun’s economic framework was strategically designed for growth and prosperity. The state is blessed with abundant economic assets, including gold reserves in Ijeshaland, palm oil production in Ayedade Local Government, cocoa plantations in Ife and Ibokun, and fertile land for plantain cultivation in Owena-Ijesha and Ikire.
Additionally, the state boasts a resourceful civil service and untapped opportunities that can be leveraged for development. However, the current administration’s approach has left these resources largely underutilized.
The Alubarika Economic Resuscitation and Development Agenda
In response to Osun’s declining economic fortunes, the Alubarika Movement has unveiled a comprehensive blueprint aimed at economic revitalization. The agenda seeks to unlock the state’s vast potential, combat poverty, and create sustainable employment opportunities through strategic resource optimization, public-private partnerships, and international investment streams.
Key focus areas of the Alubarika Agenda include:
- Gold Sector Revitalization: Harnessing Osun’s gold reserves to drive industrial growth.
- Agro-Industrial Expansion: Developing agricultural value chains for economic diversification.
- Infrastructural Development: Building a solid foundation for economic growth through transformative projects.
- Job Creation and Poverty Eradication: Implementing innovative policies to reduce unemployment and improve living standards.
A Call to Action
The Alubarika Movement emphasizes transformative governance driven by expertise, capacity, and a clear vision for a prosperous Osun. By joining the movement, Osun residents can help restore the state’s economic glory and secure a brighter future.
The time for change is now. Join the Alubarika Movement and be part of Osun’s economic rebirth. Together, we can achieve sustainable development and collective prosperity.
