APC Gubernatorial Candidate AMBO Accuses Governor Adeleke of Diverting New Security Fund for Re-election Campaign

APC’s Asiwaju Bola Oyebamiji claims Osun’s new Security Trust Fund is a re-election campaign front, citing ongoing EFCC probes into Governor Adeleke’s administration.

By: AXL Media

Published: Apr 22, 2026, 11:05 AM EDT

Source: Information for this report was sourced from The Nation Newspaper

A Crisis of Confidence in State Security Funding

The political atmosphere in Osun State has intensified following allegations from Asiwaju Bola Oyebamiji, the All Progressives Congress (APC) gubernatorial candidate, regarding the true intent of the state’s Security Trust Fund. While the administration of Governor Ademola Adeleke has presented the fund as a strategic measure to bolster security logistics and combat emerging threats, Oyebamiji contends the timing is suspicious. He argued on Wednesday that the initiative is less about public safety and more about generating a private campaign war chest just months before the 2026 governorship election.

Allegations of Diverted Revenue and Oversight Gaps

According to statements released through his media coordinator, Adebayo Adedeji, the APC candidate claims the state government is desperate for alternative funding after losing significant control over local government allocations. The opposition suggests that the weakened financial position of the state, coupled with increased scrutiny from anti-graft agencies, has forced the administration to seek creative ways to solicit funds from the public and corporate entities. Oyebamiji noted that the lack of accountability regarding existing security expenditures makes the new fund a high risk for potential donors.

Investigations into Ecological and Educational Funds

The allegations against the Adeleke administration extend to claims of ongoing investigations by the Economic and Financial Crimes Commission (EFCC). Oyebamiji highlighted purported irregularities involving N11.9 billion in ecological funds allocated to Osun in 2025, as well as the management of Universal Basic Education grants received since 2023. These claims form part of a broader narrative of financial opacity, suggesting that the administration has established a pattern of mishandling specialized federal interventions intended for public infrastructure and environmental safety.