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Adelabu: I Wasn’t Tired At CBN, I Resigned To Offer Quality Service To Oyo


The Agbaakin Parakoyi Of Ibadanland, Oloye Adebayo Adelabu, has revealed that he resigned his job as deputy governor at the Central Bank of Nigeria, CBN, in order for him to contribute his quota to the development of Oyo State.

Adelabu, who is a grandson of late Alhaji Adegoke Adelabu Penkelemesi, is one of the those eyeing Governor Abiola Ajimobi’s seat in 2019.

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According to him, his recent resignation from the nation’s apex bank as a personal sacrifice for the state.

The chieftain of the All Progressives Congress, APC, was in charge of operations till his recent disengagement.

The 48-year old made the disclosure at a public function to mark this year’s June 12 anniversary celebration.

He reiterated that his decision to constest the exalted position is borne out of the need to offer quality service that will enhance the living standard of the masses in the pacesetters state, which he tagged “live and let live”.


Hear him: “No sacrifice is too much. I have just dumped my job as the deputy governor of the Central Bank of Nigeria, not because I am old; not because I am tired; not because I cannot continue, the few years I spent, the president commended me for it. But no sacrifice is too much for one’s state”.

“Whether you ride G Wagon, Range Rover, Benz or Lexus, you live in Banana Island, Ikoyi, Jericho or iyaganku, we don’t care, so far we can afford the basics, give us the basics – security, good education, affordable housing , basic healthcare, and food. That’s the primary function of government. There’s no country in this world that provides more than that and that is what the masses want, after that you can enjoy your luxury.”


“But If you don’t provide these basic things that has to do with sustenance of life, provision of decent living for the people, you will never rest. They will continue to attack, they will continue to abuse you, they will continue to embarrass you” he added.

Chief Adelabu, who noted that many technocrats in politics have been redundant, apathetic and ignorant of democracy and politics around, also said being an active player in politics would drive his ideology of live and let live.

“We should all be active players in this new dispensation of democracy. We should no longer leave our fate in the hands of the wicked. We should take our lives into our hands, we should be the architects of our own fortune. So, it is either you are an active aspirant or politician or you are an active party member, or a responsible electorate and exercise your franchise”.

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