Obasanjo, who spoke at the 27th annual Owu National Convention held in Iwo, Osun, said credible leadership would promote good governance.
The former president, who said he would not campaign for any particular candidate, urged Nigerians to vote wisely.
Oyelude, who is the Olowu of Owu Kuta, said the Royal Union of Owu People had been contributing to policy development in the country.
He called on Owu people to participate in politics in order to contribute to national development.
Oyelude also called on indigenes of Owu to support and vote for any indigene contesting for any political office.
Dignitaries present at the occasion included Owu monarchs as well as indigenes of the ethnic stock.
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