Connect with us

News

Osun govt claims Oyetola left behind N76bn debt

Published

on

Gboyega-Oyetola

The Osun State government claimed on Thursday that former governor Gboyega Oyetola left behind a debt burden of N76bn in unpaid salaries, pensions, and insurance commitments.

The Permanent Secretary in the state’s Ministry of Finance, Mrs. Bimpe Ogunlumade, disclosed this while briefing officials of the new administration on the financial status of the state.

She said: “The breakdown of the salaries and pension-related liabilities 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.”

READ ALSO: I left N14bn in Osun coffers for Adeleke – Oyetola

Oyetola had in a farewell message four days ago said his administration left the sum of N14 billion in cash for the new administration.

The former governor added that between 2018 and the time of his exit, his administration had paid N97 billion from the debt inherited from the Rauf Aregbesola administration in the state.

The state government had since countered the claim.

Join the conversation

Opinions

Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now