Amid Economic Pressures, Gov Adeleke Advocates For Power Devolution

Amid Economic Pressures, Gov Adeleke Advocates For Power Devolution

Osun State Governor, Ademola Adeleke, has advocated for a decentralization of power and financial resources to state governments as a crucial step towards addressing the economic challenges of unemployment and hyperinflation plaguing the nation……. CONTINUE READING 

Governor Adeleke made these remarks during the convocation ceremony of Adeleke University in Ede, Osun State, on Sunday. He emphasized that devolution rather than centralization of governance powers is key to fostering economic federalism, which he believes will enhance subnational prosperity and facilitate job creation across various sectors.

“At the National Economic Council meetings, both federal and state governments regularly brainstorm on solutions to economic hardships, unemployment, and hyperinflation. We are exploring various options,” Governor Adeleke stated.

He stressed the importance of empowering state governments with greater autonomy and financial capacity. “For us as a state, we believe the solution lies in devolving powers and finances to state governments,” he affirmed. “We must move towards more devolution rather than centralization of governance powers and responsibilities.”

Acknowledging the challenging economic climate graduates are entering, Governor Adeleke encouraged them to view these times as opportunities for innovation and entrepreneurship. He assured that efforts are underway to improve the economy: “Governments at all levels are tirelessly working to address the current economic challenges.”

Governor Adeleke underscored the necessity of maintaining national stability and unity to effectively tackle the nation’s economic issues. “We cannot overlook the challenges facing us as a nation unless we harness our potential regionally. Economic questions can only be resolved in an environment of peace,” he emphasized.

He also expressed continued support for President Bola Tinubu’s administration amid the ongoing crisis. Meanwhile, addressing the graduates, Dr. Deji Adeleke, Pro Chancellor of Adeleke University, urged them to maintain hope in the belief that difficult times will pass, cautioning against losing hope in a brighter future under any circumstances.