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Osun begins Interview for shortlisted Teachers across the State | Osun Government Says Adeleke’s CSO did not Arrest Ifedolapo, Accuses Osun APC of Giving False Information to the Police Authorities. | World Breastfeeding Week: Governor Adeleke underscores commitment of Osun to comprehensive maternal, child health. | Governor Adeleke Invites Osun APC to Davido’s Wedding, Takes Short Vacation for US Trip | Osun Travel Cost: There is no Smoking Gun —Spokesperson | BIRTHDAY: GOVERNOR ADELEKE EXTOLS OSUN PDP CHAIRMAN, HON. SUNDAY BISI | Governor Adeleke Orders Spot Rehabilitation of Iwo-Osogbo Road Ahead of Full Reconstruction | OSOGBO PROGRESSIVE UNION (OPUUSA) HOSTS 2025 BIENNIAL NATIONAL CONVENTION & FUNDRAISING GALA NIGHT IN DALLAS, TEXAS. | Governor Adeleke is not Joining ADC Nor Aligning with Anyone in ADC- Spokesperson | Stewardship programme tomorrow ,Key sectors like Governance, politics, Energy, Pension, others in focus. | 𝗚𝗼𝘃𝗲𝗿𝗻𝗼𝗿 𝗔𝗱𝗲𝗹𝗲𝗸𝗲’𝘀 𝗥𝗲𝗳𝗼𝗿𝗺 𝗕𝗲𝗮𝗿𝘀 𝗙𝗿𝘂𝗶𝘁 𝗔𝘀 𝗢𝘀𝘂𝗻 𝗥𝗲𝗰𝗼𝗿𝗱𝘀 97.3% 𝗜𝗚𝗥 𝗚𝗿𝗼𝘄𝘁𝗵 𝗶𝗻 2024. | Governor Adeleke Deploys 1,750 Imole Teachers Corps to Osun Schools. | Electricity Market Law Will Boost Economic Life of Osun State- Governor Adeleke. | Governor Adeleke celebrates Hon. Mudashiru on his birthday | GOVERNOR ADELEKE CELEBRATES MAJORITY LEADER, HON. KOFOWOROLA BABAJIDE | NEWS RELEASE My Pact with Osun People Unbreakable- Gov Adeleke. | Governor Adeleke Bags Honorary Doctorate Degree, Says God, People are my Strengths. | Ifon-Ilobu-Erin Osun Communal Crisis: Adeleke Relaxes Curfew, Now 12 midnight—4am daily | Governor Adeleke Ignores Distractions, Set to Flag Off Dualisation of Ila Orangun Township Road | HOW ADELEKE REDUCED OSUN DEBT PROFILE BY 43 PERCENT | STATES FISCAL TRANSPARENCY LEAGUE TABLE: OSUN EMERGES JOINT 5TH In Q1 2025.
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Program Analyst July 16, 2025

HOW ADELEKE REDUCED OSUN DEBT PROFILE BY 43 PERCENT

Between December 2022 and the first quarter of 2025, Osun State, under the administration of Governor Ademola Adeleke recorded a significant decline in both domestic and external debts. The domestic debt dropped from ₦148.37 billion to ₦83.32 billion, while the external debt reduced from $91.78 million to $75.14 million. These figures reflect the administration’s deliberate fiscal actions to reduce the state’s debt burden and improve financial sustainability.

The reduction in domestic debt was especially noteworthy, with a repayment of ₦65 billion, which represents a 43.84% decrease over the period. This level of decline indicates commitment to aggressive debt repayment and fiscal responsibility. It also indicate improved internally generated revenue (IGR) which allows the state to meet credit obligations without the burden of additional borrowing.

Osun State has also managed to reduce its external debt by $16.64 million, a decrease of 18.13% despite the high exchange rate. The debt reductions point to strong Governor Adeleke’s fiscal discipline and effective leadership in economic management.

OSUN DEBT PROFILE:

DOMESTIC DEBT
DECEMBER 2022 — #148,366,712,357.73
MARCH 2025 — #83,317,509,490.45

REDUCTION – #65,049,202,867.28
% REDUCTION- 43.84%

EXTERNAL DEBT
DECEMBER 2022 — $91,779,393.97
DECEMBER 2024 — $75,137,121.28

REDUCTION — $16,642,272.69
% Reduction – 18.13%

Source: Debt Management Office (DMO)
http://www.dmo.gov.ng

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