In a decisive move aligning with public interest, the Osun State Government has submitted a detailed petition to the Economic and Financial Crimes Commission (EFCC) concerning grave allegations of financial misconduct by the previous administration led by former Governor Gboyega Oyetola. This action follows a thorough investigation revealing shocking instances of corruption, misappropriation, and abuse of office.
The State Government has strongly criticized the response from the Osun State All Progressive Congress (APC), describing it as a desperate attempt to divert attention from the serious allegations outlined in the petition. Instead of addressing the accusations, the APC has resorted to spreading misinformation and propaganda, which the current administration views as an acknowledgment of their lack of a credible defense.
The petition, which was a result of an extensive evidence-gathering process that commenced in early 2023, stems from the findings of a Contract Review Committee dedicated to scrutinizing the financial dealings of the previous government. The committee’s revelations prompted the establishment of a White Paper Committee, which validated these findings and recommended prosecution for the implicated officials. These recommendations received approval from the State Executive Council in 2024, setting the stage for accountability.
Highlighting the critical issues at hand, the petition details instances of financial misconduct, money laundering, and violations of the Public Procurement Act, 2007. One particularly alarming case involves the mismanagement of funds allocated for renovating 320 primary healthcare centers across the state. Contracts were awarded without competitive bidding to entities closely linked to former officials, many of whom lacked the necessary qualifications for such projects.
Among the implicated firms are Poshpreneurs Nig, allegedly connected to the children of the former Head of Service, and Dotfam Multiventures Ltd., linked to the siblings of the former APC State Chairman. These companies reportedly delivered substandard work despite receiving full payments, serving as a testament to the fraudulent activities that took place.
Furthermore, an investigation unveiled that N1.5 billion was laundered through the Osun State chapter of the Association of Local Governments of Nigeria (ALGON) between January and October 2022. Financial records indicate that funds were transferred to a private account linked to Akeem Ibitoye, a local government employee, with large withdrawals made without proper documentation.
Governor Ademola Adeleke’s administration, represented by Commissioner for Information and Public Enlightenment Oluomo Kolapo Alimi, remains steadfast in its commitment to transparency and accountability. “A responsible government does not ignore such financial recklessness,” emphasized Alimi. The administration has vowed to ensure that those responsible for these actions will be held accountable, regardless of the political noise from the APC.
The Osun State Government is confident in the EFCC’s ability to conduct a thorough investigation into these serious allegations and bring justice to those involved in the misconduct.
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NEWS RELEASE
Osun Government Acted in Line with Public Interest by Submitting Petition to EFCC
OSOGBO – 09/03/2025 – Osunstate.gov.ng
Osun State Government has read with interest the gibberish pushed to the public by the Osun State All Progressive Congress (APC) in response to the fact-based petition to the Economic and Financial Crimes Commission (EFCC) by the State Government in a feeble and desperate attempt to distract from the weighty allegations of financial misconduct detailed in the government’s petition to the Economic and Financial Crimes Commission (EFCC).
Rather than address the damning revelations of corruption, misappropriation, and abuse of office, the APC has chosen to resort to baseless propaganda, outright falsehoods, and diversionary tactics. This reckless approach only reinforces the fact that the party and its leaders have no reasonable defense against the allegations.
To set the record straight, the EFCC petition is not a product of political witch-hunt but the culmination of a painstaking, evidence-based process that began in early 2023. A Contract Review Committee was constituted to examine the financial dealings of the previous administration, and its findings uncovered a shocking scale of malfeasance, violations of due process, and brazen acts of corruption under the leadership of former Governor Gboyega Oyetola.
In response, a White Paper Committee was established, which further reviewed and validated the findings, ultimately recommending the prosecution of implicated officials. These recommendations were subsequently approved by the State Executive Council in 2024. Given the sheer magnitude of financial recklessness uncovered, the administration had a duty to the people of Osun State to ensure accountability rather than sweep the report under the carpet.
Consequently, a White Paper Implementation Committee was inaugurated in late 2024, and after rigorous scrutiny of the documented infractions, a legal team was engaged to compile a comprehensive petition, which was submitted to the EFCC on Friday, March 7, 2025.
The petition presents indisputable material evidence of:
• Financial Misconduct
• Money Laundering
• Brazen Violations of the Public Procurement Act, 2007
One of the most damning discoveries was the mismanagement of funds meant for the renovation of 320 primary healthcare centers across Osun State. Rather than follow due process, the former governor unilaterally awarded contracts without any competitive bidding—a clear violation of procurement laws.
Shockingly, these contracts were handed to close allies, political associates, and family members of top officials, many of whom had no prior experience in construction. The implicated entities include:
• Poshpreneurs Nig – Allegedly owned by the children of the former Head of Service, Olowogboyega Oyebade.
• Dotfam Multiventures Ltd. – Linked to the siblings of the former APC State Chairman.
• The Ice Firms Nig. Ltd. – Allegedly owned by former Commissioner for Local Government, Adebayo Adeleke.
• Afamoks Web International – Linked to former Amotekun Field Commander, Amitolu Shittu.
Despite receiving full payments, these firms delivered substandard renovations, further proving the criminal intent behind the fraudulent scheme.
Additionally, the investigation uncovered a staggering N1.5 billion laundered through the Osun State chapter of the Association of Local Governments of Nigeria (ALGON) between January and October 2022. Financial records obtained from Zenith Bank reveal that funds were funneled into a private account linked to one Akeem Ibitoye, a local government employee and Director of Finance at Ejigbo Local Government. Subsequent cash withdrawals ranging from ₦10 million, ₦30 million and ₦100 million were carried out daily with no legitimate records of official use.
A responsible government does not turn a blind eye to this level of financial recklessness and fraud. Unlike the APC, which thrives on impunity, Governor Ademola Adeleke’s administration is committed to accountability, transparency, and the rule of law.
Let it be clear: the Osun State Government will not be intimidated or blackmailed into silence. The former officials implicated in this petition should prepare to answer for their actions before the appropriate authorities instead of issuing desperate and misleading press statements.
We trust the EFCC to conduct a thorough investigation and bring all culpable individuals to justice. No amount of noise from the APC can shield the guilty from the consequences of their actions.
Signed:
Oluomo Kolapo Alimi,
Commissioner for Information and Public Enlightenment
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