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N494billion question mark over Dapo Abiodun’s fitness for Ogun East senate

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Dapo Abiodun

Dapo Abiodun N494 billion debt controversy raises concerns over Ogun East Senate ambition as critics question fiscal record and governance transparency

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The emerging push by some APC stakeholders in Ogun East to position Dapo Abiodun for a senatorial seat in 2027 raises a serious question that cannot be glossed over by endorsements or party consensus: what exactly is being rewarded?

Also read: Considering Dapo Abiodun For Senate : Will Be A Set back for Ogun East

At the centre of this debate is a fiscal record that is difficult to defend. When Abiodun assumed office in 2019, Ogun State’s debt profile stood at about N166 billion.

By December 2025, that figure had risen to roughly N494 billion.

This is not a marginal increase or a technical adjustment. It is a near tripling of public debt within a single administration.

Regardless of explanations around currency devaluation or inherited liabilities, the outcome remains the same: a significantly heavier financial burden placed on the state and its future.

This is not abstract economics.

It translates into real consequences for ordinary citizens.

Debt servicing inevitably competes with funding for education, healthcare, infrastructure, and youth development.

It limits the flexibility of future governments and narrows the possibilities available to the next generation.

In essence, today’s borrowing becomes tomorrow’s constraint.

The administration has defended its record by pointing to impressive growth in Internally Generated Revenue and a wide spread of infrastructure projects.

Roads have been rehabilitated, health centres upgraded, and new developments initiated across various parts of the state, they claimed.

On paper, these are commendable efforts. However, the disconnect lies in scale and visibility.

For a debt profile approaching half a trillion naira, the expected outcome would be transformative, landmark projects that fundamentally alter the economic landscape of the state.

What is seen instead are incremental improvements that do not convincingly justify the magnitude of the financial exposure.

More concerning is the lingering question of transparency.

A government that has taken on such significant financial obligations owes its citizens a clear, detailed, and verifiable account of how those funds were deployed.

General statements about infrastructure and development are not enough.

What is required is a project by project breakdown that links each borrowing to measurable outcomes.

Without this, the narrative remains incomplete and the credibility gap widens.

Leadership at the senatorial level demands a different kind of responsibility.

A senator is expected to provide oversight, advocate for federal resources, and represent the interests of constituents without the baggage of unresolved governance concerns.

Elevating a governor whose tenure is marked by unanswered fiscal questions risks transferring those concerns from the state level to the national stage.

In contrast, the record of Gbenga Daniel offers a different benchmark for evaluation.

During his tenure as governor, Ogun State’s debt profile remained relatively controlled and aligned with visible development outcomes.

His administration delivered large scale infrastructure, expanded industrial capacity, and strengthened the economic base of the state without creating an overwhelming debt overhang.

Daniel’s era demonstrated a balance between borrowing and tangible value creation.

Projects executed under his leadership were not only visible but also economically strategic, contributing to long term growth and investment attraction.

The debt incurred during that period did not escalate at a rate that threatened fiscal stability, nor did it place an excessive burden on future administrations.

When measured through the lens of debt indexes and value delivery, the contrast becomes clear.

One trajectory shows a steep rise in liabilities with contested outcomes. The other reflects a more measured approach where financial decisions aligned closely with developmental impact.

Ogun East deserves representation that inspires confidence, not concern.

It requires a senator whose record reflects fiscal discipline, transparency, and a proven ability to translate resources into meaningful progress.

On that scale, the argument leans strongly in favour of experience that has already demonstrated balance and accountability.

The decision ahead is not merely political.

It is a choice about stewardship, credibility, and the future direction of representation for Ogun East.

A senator’s role is legislative oversight, federal resource advocacy, and constituency service.

Handing Ogun East voters a governor whose signature economic legacy is a N494 billion question mark risks turning the seat into an extension of state-house defensiveness rather than a platform for bold representation.

The people of Ogun East are watching.

The N494 billion debt is not just a number; it is a litmus test of stewardship.

Before any coronation as APC’s senatorial candidate, Abiodun owes them; and the next generation, a full, line-by-line reckoning.

Also read: EDITORIAL: Governor Dapo Abiodun’s Politics of Vindictiveness Is Tearing Ogun Apart

Without it, the endorsement rings hollow, and the case for his Senate bid collapses under the weight of unsustainable liabilities. Ogun East deserves better than borrowed time.

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Nigeria Must Sustain Power Rotation Arrangement, Says Babarinsa

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Veteran journalist and Chairman of Gaskia Media Limited, Dare Babarinsa, has called on Nigeria to sustain its informal power-rotation arrangement between the North and South, arguing that the system remains important for political stability and national unity.

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Babarinsa said the presidency should return to the North in 2031 and move back to the South in 2039, maintaining that the arrangement should remain in place until Nigerians develop a more suitable alternative.

He made the position known on Monday, November 2, while delivering a public lecture at the Press Centre, Iyaganku, Ibadan, as part of activities marking the 60th anniversary of the Oyo State Council of the Nigerian Union of Journalists (NUJ).

Speaking on the theme of Nigeria’s political arrangement and the future of the media, Babarinsa acknowledged criticisms of the rotational presidency, particularly from those who believe that every qualified Nigerian should be allowed to contest for the highest political office regardless of region.

However, he argued that Nigeria’s political circumstances make power rotation a practical arrangement for maintaining stability, even if it may not always produce the most suitable candidate.

According to him, the arrangement emerged from political negotiations ahead of the return to civilian rule in 1999, following the deaths of former military Head of State, General Sani Abacha, and the presumed winner of the June 12, 1993 presidential election, Chief Moshood Abiola.

Babarinsa recalled that after Abacha’s death in 1998, General Abdulsalami Abubakar assumed leadership and introduced a transition programme aimed at ending military rule by May 29, 1999.

He said the death of Abiola, who was detained by the military government, created concerns about the political future of the Yoruba people and influenced discussions over the region that should produce Nigeria’s first civilian president after military rule.

The journalist disclosed that he was among members of the Idile Oodua resistance movement who supported the position that the South-West should produce the first president under the new democratic arrangement.

He said he was subsequently mandated by members of the group to consult the late Ooni of Ife, Oba Okunade Sijuwade, who told him that traditional rulers across the country were also holding consultations on the matter.

According to Babarinsa, the discussions contributed to the emergence of two Yoruba presidential candidates in the 1999 election: former President Olusegun Obasanjo of the Peoples Democratic Party (PDP) and Chief Olu Falae, who contested under the Alliance for Democracy and All Peoples Party coalition.

He also recalled that former Vice-President Alex Ekwueme disagreed with the arrangement, arguing that the South-East could not be bound by an agreement reached principally between political interests in the North and South-West.

Babarinsa said he agreed with Ekwueme’s interpretation that power should rotate between the North and South rather than among the six geopolitical zones.

He explained that the arrangement had continued through successive administrations, including the emergence of former President Goodluck Jonathan following the death of President Umaru Yar’Adua and the subsequent election of former President Muhammadu Buhari.

With President Bola Tinubu currently in office, Babarinsa argued that the existing arrangement should be sustained, with power returning to the North after the current administration and subsequently moving back to the South.

To support his argument, he compared Nigeria’s power-sharing arrangement with the confessional system adopted in Lebanon in 1943, under which key political offices were allocated to different religious communities to promote political balance.

He said Nigeria could learn from such arrangements, insisting that political compromises sometimes become necessary in countries with diverse ethnic, religious and regional interests.

“If we intend to keep Nigeria, then we need to make this special arrangement work until future generations are able to make a better arrangement,” he said.

Babarinsa reflects on Ibadan’s journalism legacy

Beyond the political question, Babarinsa used the lecture to examine the history of journalism in Ibadan and the contribution of the city to the development of Nigeria’s media industry.

He described Ibadan as a major centre of political and media influence, noting that its newspapers had produced some of the country’s most prominent journalists, editors and public commentators.

He recalled the establishment of the Nigerian Tribune in 1949 by Chief Obafemi Awolowo and the creation of the Sketch newspaper group in 1964 by the then Premier of the Western Region, Chief Ladoke Akintola.

He also highlighted the contributions of prominent journalists, including Felix Adenaike, Segun Osoba and Peter Ajayi, whom he described as the Three Musketeers of the Nigerian media during the Second Republic.

According to him, the trio wielded considerable influence in the industry through their leadership positions at the Tribune and Sketch newspaper groups.

Babarinsa also acknowledged the contributions of former journalists and columnists, including Alhaji Lateef Jakande, Chief Bola Ige, Chief Olabisi Onabanjo, Aare Afe Babalola and Dr Tai Solarin.

He said the history of journalism in Ibadan was closely connected to the political development of the country, recalling the debates on issues such as the International Monetary Fund loan, diarchy and rotational presidency.

The journalist urged members of the profession to preserve that tradition by ensuring that the media remained a platform for informed public debate and the promotion of ideas capable of strengthening Nigeria.

Media organisations urged to embrace digital transformation

Addressing the challenges facing the industry, Babarinsa warned that traditional media organisations must urgently adapt to the changing media environment or risk losing relevance.

He said the internet had disrupted conventional news production and distribution, creating new opportunities while also allowing unregulated online platforms to compete with established media organisations.

According to him, several traditional newspapers have established online platforms, but their digital presence has not translated into the level of revenue needed to sustain their operations.

He cited the decline of once-dominant media organisations such as the Daily Times and Sketch as examples of the changes that have reshaped the industry.

Babarinsa recalled that Sketch newspaper had a daily circulation of about 60,000 copies during the 1970s and 1980s but had since ceased publication, with its former premises converted into a shopping mall.

He also expressed concern over declining newspaper readership among young Nigerians, warning that a society with an increasingly uninformed population could struggle to appreciate and defend democracy.

The Gaskia Media chairman said media organisations must follow their audiences into the digital space and develop business models that can sustain quality journalism.

He disclosed that his organisation had also decided to strengthen its online presence through the publication of a digital magazine, beginning with an online news blog.

Journalists urged to defend democracy and uphold professional standards

Babarinsa further reminded journalists of their role in Nigeria’s democratic development, particularly during the struggle against military rule.

He said members of the Nigerian press had suffered imprisonment, exile and other forms of persecution in the fight for the restoration of democracy, with some journalists paying the ultimate price.

He maintained that journalists therefore had a responsibility to protect the democratic system and ensure that the country’s electoral processes remained credible.

With the 2027 general election approaching, he urged media professionals to play their part by providing accurate information and encouraging informed public participation.

The Independent National Electoral Commission has scheduled the presidential and National Assembly elections for January 16, 2027, while governorship and State Houses of Assembly elections are fixed for February 6, 2027.

Babarinsa said journalists must remain committed to the fundamental principles of the profession, stressing that factual accuracy should remain central to news reporting while allowing room for responsible advocacy.

He urged journalists to advocate for the national interest, rather than restrict their work to positions that may be politically convenient.

Calls for greater inclusion of young journalists and women

Looking towards the future, Babarinsa called for greater opportunities for young journalists and women in the profession, saying the industry must deliberately prepare a new generation of media leaders.

He cited the careers of prominent journalists who assumed major editorial and management positions at relatively young ages, including Peter Enahoro, Olusegun Osoba, Yemi Ogunbiyi, Yakubu Mohammed, Ray Ekpu and Adamu Ciroma.

According to him, the history of Nigerian journalism demonstrates that young professionals have consistently played important roles in driving the industry forward.

He urged established media practitioners to listen to younger colleagues, particularly members of Generation Z, and create opportunities for them to contribute to the future of the profession.

Babarinsa also called for more deliberate efforts to bring women into leadership positions, noting that the industry could no longer remain dominated by men.

He expressed optimism about the future of journalism, despite concerns over poor remuneration, declining newspaper circulation and competition from digital platforms.

The veteran journalist concluded by urging the profession to embrace change, drawing attention to the need for innovation in newspaper production, technology and audience engagement.

Quoting a principle he attributed to Professor Ladipo Adamolekun, Babarinsa said the media industry must adapt to changing realities to remain relevant.

“Adapt or Die!” he declared.

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