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The governor of Osun state, Ademola Adeleke, has said that his administration has discovered a total of N407.32 billion debt accumulated by his predecessor, former Governor Gboyega Oyetola.
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Speaking at a meeting with the traditional rulers of the state in Osogbo, Osun’s capital city, Adeleke said the past administration incurred so much debt for the southwest state.
Photo: Ademola Adeleke, Gboyega Oyetola
Source: Twitter
Listing some of the items on the debt list, Adeleke said the loans incurred by Oyetola are asides salaries and pensions still being owed to pensioners and workers in the state.
His words:
“My administration inherited eight outstanding loan facilities, apart from salaries and pension debts, from Gov. Oyetola’s administration.”
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He noted that the repayment period for the debts incurred by the past administration ranges from 16 months to about 28 years.
He listed the loans to include not one kobo left in the coffers of the Osun state government by the past administration.
“Oyetola must explain how the N18 billion Bridge Loan taken after he lost the election on July 16, 2022, was expended.
“Oyetola must also explain why Osun State is owing salaries and pension to the tune of N76 billion after collecting a N50 billion salary bail out loan from the Federal Government.
“The creditors, especially the commercial banks, must explain why various loans were given to an administration beyond its four-year tenure.”
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This is as the duo exchanged strong words regarding the looting of the state government’s lodge before Ademola Adeleke took over from Gboyega Oyetola.
While Adeleke accused Oyetola of looting the governor’s lodge, Oyetola described the allegations as baseless, noting, the PDP governor is not ready for the task ahead.
Ayu sends fresh message to Wike, other aggrieved members as ex-Deputy Speaker of House of Rep defects to PDP
Iyorchia Ayu, the national chairman of the Peoples Democratic Party (PDP), called on the aggrieved members to forget the past and join the party ahead of the 2023 general election.
The PDP national chairman made the call on Wednesday, December 7, at the party’s presidential rally in Osogbo, the Osun state capital.
He noted that it was the unity of the party that made it defeat the ruling All Progressives Congress (APC) in the 2022 governorship election in Osun state.
Source: Legit.ng
