I must state clearly that the facts contained in this piece are verifiable and all feedback will be well appreciated. Comments and feedback can be directed to the author on ibuckresources@gmail.com or on 08067361945.

1. Aregbesola recently claimed his government amassed a total of just 204 billion income in the last four years. Ironically, this same government made a total budget of 655 billion within the same period i.e. 88 billion in 2011, 150 billion in 2012, 183 billion in 2013 and 234 billion in 2014. One is constrained to ask, that while Federal Allocations steadily took a dip over the years, why did Osun State budgets maintain a steady but very rapid rise? How did he plan to fund 655 billion proposed expenditure with 204 billion? Or was his government just making phantom budgets and embezzling as much as they can?
2. Aregbesola awarded the construction of 18km Osogbo-Ikirun-Ilaodo dual carriage way at 17.1 billion to Sammya Nigeria Limited on Contractor financing (debt) basis. This figure stands at 950 million per kilometre. This very expensive cost of construction does not apply anywhere else in the world. It is to be noted that the Oyinlola administration awarded the first phase of the project (17km) at 3.5 billion. How Ogbeni and his cohorts came about this phantom cost remains unknown.
3. This administration sold the land upon which Fakunle Comprehensive High School stood (a six acre expanse of land) to an unknown buyer without due process for 111 million, a ridiculous amount for a parcel of land located in such a competitive area of Osogbo. He yet went ahead to use State funds to help the buyer demolish the structures that belonged to Fakunle High School.
4. Ogbeni Aregbesola through the Ministry of Environment embarked on the roadside fencing of the Okefia - Orita Olaiya dual carriage way. Nowhere in the world does a government decide to fence a public environment especially a road way. This was another wasted fund.
5. Spent huge State funds on the demolition of the Old Governor’s office to make way for the construction of Ayegbaju International market. Funds spent on both demolition and construction remains unjustified as the high rate of rent has repelled market people from taking up the shops. It is to be noted that Ayegbaju International Market was constructed under a loan agreement with Unity Bank Plc.
6. Aregbesola purchased a unit of Opon Imo for 35000 at a time gadgets possessing same specifications were selling for between 9000 and 15000 on the very accessible online marketplace; needless to say that the gadgets would have been sold for far cheaper due to the bulk purchase condition. How his government arrived at this cost remains a wonder.
7. Expended several millions of naira on the construction of the giant Ori-Olokun statue at Mayfair junction in Ile-Ife. It is to be noted that the Lagere road leading to this junction is ironically filled with ditch-sized potholes.
8. Ogbeni purchased a helicopter for 500 million purportedly for security surveillance. Aside the fact that this same helicopter is being used for his personal transportation, the cost of the aircraft equals 1/7 of the total wage bill of the Osun State Government in a month. It is sad to say then that Aregbesola happily gallivants around with an aircraft capable of paying the salaries of 1/7 the population of Osun workers.
9. This government constructed 11.1km block-wall fencing of the Ido-Osun aerodrome. This wasteful contract running close to a billion in State funds stands against the globally accepted style of demarcating very large expanses of land with just wire fencing. He ignored the more prudent solution for the very expensive and wasteful one.
10. Ogbeni phased out all the official vehicles the immediate past administration used. Aside being a waste of government resources to abandon functional vehicles just for the purpose of luxury, it is also pitiable that these vehicles are now in the possession of cronies of Aregbesola in Lagos and Ibadan. Yet, at no time was it recorded that the State Government leased its vehicles to the public.
11. It still stands to huge questions why Aregbesola dedicated around 4 billion in Osun State funds to the election of Chief Rotimi Akeredolu in Ondo State.
12. In a show of hypocritical magnanimity, Aregbesola’s government has been paying a monthly stipend of 10,000 to some elders in Osun State in the name of social welfare. This would be good if his priorities were placed right but in a situation where pensioners are deprived of the rewards for their long years of service and their rights sacrificed for political gains, this is irresponsible.
13. Aregbesola in a bid to establish a firm hold on the minds of the state people either by force or by devilish political manipulations convened a group of young men (touts as a better description) and called them State Boys. In recent times, this group of terror agents have been sighted maiming and severely injuring innocent persons in many areas of Osogbo. The monies being spent on this group alone is a major contributor to our financial mess.
14. Aregbesola again contracted the collection of revenue to unknown consultants when there is an existing and very functional revenue board in place. The consultancy charges of these revenue collection companies and the general secrecy in which their activities are covered shows that the entire revenue collection contract is a major direction in which Osun State loses billions monthly.
15. This government took a loan of around 4 billion from Guaranty Trust Bank to fund the Igi-Iye project. This project is dead presently and the borrowed billions remains a huge burden for our State.
16. Rauf’s government expended almost 1 billion on the construction of the Hassan Olajokun Civic centre in Gbongan. This project remains an unnecessary expenditure and a total waste of the billions committed to it. It remains clear that the centre is not generating any meaningful revenue to justify such wild investment.
17. Aje International Market for which the Osun State Trade Fair complex was demolished has remained a major sink hole for government revenue as the project remains uncompleted for three years running while it is yet to generate a dime in revenue.
18. Expended 1.5 billion on the O’Callisthenics programme in 2011. It remains a huge question why a prudent and progress-minded government will expend such huge funds on a project that had nothing to contribute to the development of the State.
19. Aregbesola personally donated millions of naira to the re-election of Governor Abiola Ajimobi of Oyo State. This includes a donation of 1 million naira each to all serving members of the House of Assembly at the time. Why a struggling State will donate to the re-election bid of a person in another State remains a question sensible Osun indigenes should ask Aregbesola.
20. Earns a total of 500 million in security votes monthly. Deducting such huge amounts from a total monthly allocation of something a little less than 2.9 billion makes one think the Governor is deliberately pushing the State into huge indebtedness.
21. All the billions in state funds expended on the O’REAP Agricultural Project; O’CLEAN Cooking Gas waste recycling project and the O’CLEAN plus project remain wasteful spending as they have generated no revenue for the State Government. Successes achieved from these programmes remain unknown while these projects are beginning to look like huge financial scams.
22. All billions expended on the OSUNWON OMOLUABI project remain unseen. The scales are not in the market neither are the expended funds accounted for.
23. Aregbesola scrapped the School of Medicine in Osun State University and opted to sponsor the almost 200 students of the faculty to Ukraine to complete their study. The funds expended on this scholarship would have successfully been utilized to standardize the College of Medicine while government would at the same time have generated revenue from the fees these students would have had to pay.
24. Ogbeni frustrated many potential tax-paying SMEs out of business with huge taxes and mindless demands through the revenue collection consultants. This move has deprived the state of huge revenue these SMEs would have paid in the near future.
25. The 1 billion Agricultural loan he took from First Bank Plc remains unjustified, unaccounted for and has generated no returns. Yet, the State has to pay back.
26. Though the State sank deeper into debt in 2013 via the 10 billion Sukuk bond, the ends to which the funds was utilized remain unknown.

Aregbesola has indeed exhausted his manipulative ideas. We must keep speaking out and raising social awareness as this alone is the means through which we can liberate our State from his stranglehold and yet make better electoral decisions in the rapidly-approaching future.

ODERINU ADEDAYO
ibuckresources@gmail.com
08067361945

cc: lalasticlala

The people of osun voted for aregbesola, they should suffer the consequences.
Its time our politicians should be schooled on basic economic principles. They should under-go courses on public finance and welfare economics in order to be able to be prudent in anything they are doing.
Lastly, the should under-go mental test, aregbesola to me looks like a victim of mental case.


Aregbesola broke all the laws of economic principles, he's leading the state to another "great depression" of 1931.

Na social amenities we go chop?

Osun is as dry as desert now even the rich ones are complaining.
Youths have left the state to oyel states.
The future of the state's already crumbling.

#God will intervene

The problem of Aregbe rascal is not about infrastructure development, but there are too misplace of priority in his project . case study OPOONIMO OSHAIMO