Home MetroOSUN: Oyetola left N76b debt behind – Adeleke

OSUN: Oyetola left N76b debt behind – Adeleke

by Funmilayo Adeniji
0 comments 1 minutes read

GOVERNOR Ademola Adeleke has accused the administration of Gboyega Oyetola of accruing debts in pensions and salaries to the tune of N76 billion.

The spokesperson to the Executive Governor Olawale Rasheed quoted the Permanent Secretary, Ministry of Finance, Bimpe Ogunlumade to have made the claim while briefing officials of the new administration on the financial status of the state yesterday.

“The Osun state government has uncovered a monumental debt in salaries, pensions, and insurance commitments incurred by the administration of Mr. Gboyega Oyetola amounting to N76 billion,” Olawale said in a statement he issued on Thursday.

“The disclosure was contrary to the claim by the former Governor that he left N14bn in cash for the new government among other bogus claims that have now been found to be an outright falsehood,” the statement added.

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 public is advised that this is not the total debt left by the past administration as briefings on other sources of liabilities continue tomorrow,” the government added.

You may also like

Leave a Comment

Adblock Detected

Please support us by disabling your AdBlocker extension from your browsers for our website.