Osun Government Reveals Amount Oyetola Left As Debt

Osun Government Reveals Amount Oyetola Left As Debt

The Osun State government has stated that the previous administration left a debt portfolio of N76 billion in unpaid salaries, pensions, and insurance commitments.

The figure was given by the Permanent Secretary, Ministry of Finance, Mrs. Bimpe Ogunlumade, while briefing officials of the new administration on the state’s financial situation, according to a statement signed by the governor’s spokesperson, Olawale Rasheed, obtained in Osogbo on Thursday.

Read Also Drama As Tribunal Rejects Adeleke’s Blurry Certificates

“The breakdown of the salaries and pension-related liabilities as disclosed by the Permanent Secretary are as follows:

“(I) Salary: N29,875,191,128.64
(II) Pension Arrears: N45,375,237,693.40
(III) Group Life Assurance Scheme: N554,644,028.97. Total: N75,805,072,851.01,” the statement read in part.

It also stated that the disclosure contradicted the ex-governor’s claim that he left N14 billion in cash for the new government.

According to the state government, the figure does not represent the total debt left by the previous administration because briefings on other sources of liabilities had not been completed.

Stay Updated With More News By Joining Our WhatsApp Group With The Link Below

https://chat.whatsapp.com/K4lp5EKuqaACBUywirqziW