The party, in a statement signed by the Chairman of the Osun APM, Adewale Adebayo, stated that Osun generated the lowest VAT in the South West during the first quarter of 2025.
Based on data published by StatiSense, the APM articulated concerns regarding the government’s fiscal underperformance.
Reacting to the allegations, the spokesperson of the Peoples Democratic Party, Oladele Bamiji, described APM’s claim as laughable, stressing that placing Osun side by side with Ogun and Lagos in terms of VAT returns exposed the intention of the party behind the allegation.
Bamiji also accused APM of deliberately avoiding talking about the alleged fiscal mismanagement of the All Progressives Congress that ruled the state for 12 years, but found it convenient to talk about Adeleke, who inherited a near-collapsed economy a little over two years ago.
The APM, however, insisted that the data on states’ performance in VAT had exposed Osun’s overreliance on federal allocation under Adeleke’s leadership while contributing the least to the central revenue pool.
The party added that states that are smaller in commercial activities generated more VAT than Osun, saying the development was a sign of fiscal laziness.
As part of the solutions, the APM demanded an internal audit of all state-driven revenue-generating activities to assess gaps, leakages, and underperformance, as well as the development of a VAT growth strategy plan that would ensure that Osun becomes a net contributor, not just a net receiver of federal allocation.
Reacting further to APM’s claims, the PDP spokesperson accused the opposition party of being dishonest in its analysis of the state’s economic situation under Adeleke.
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