News
Oyetola Left N76bn Debt In Salary/Pensions – Osun Govt
Osun State Government has on Thursday, said the immediate past administration of Mr. Adegboyega Oyetola left N76bn debt in salaries, pensions, and insurance commitments.
According to a statement by the Spokesperson to Governor Ademola Adeleke, Mallam Olawale Rasheed, said the revelation was made by the Permanent Secretary, Ministry of Finance, Mrs. Bimpe Ogunlumade, while briefing officials of the new administration on the financial status of the state, today.
The government claimed that the disclosure was contrary to the claim by the former Governor, that he left N14bn in cash for the new government, stating that the disocvery is “among other bogus claims that have now been found to be an outright falsehood.”
According to the breakdown of the salaries and pension-related liabilities, N29,875,191,128.64 is for salary, while N45,375,237,693.40 was the debt for pensions with N554,644,028.97, being the debt incurred from Group Life Assurance Scheme.
The government said the figures released today is not the total debt left by the past administration as briefings on other sources of liabilities continue tomorrow, Friday.
The statement Reads” 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.
This revelation was made by the Permanent Secretary, Ministry of Finance, Mrs. Bimpe Ogunlumade, while briefing officials of the new administration on the financial status of the state 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 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 tomorro
Signed:
Mallam Olawale Rasheed,
Spokesperson to the Executive Governor
Osun Guber: Two Feared Dead, Four Shot as Gunmen Attack APC Supporters In Ilesa
Air Peace Apologises As Unions Disrupt Lagos, Abuja Flights
Troops rescue 18 Kidnap Victims, Arrest Two Lakurawa Suspects
Osun 2026: Oyetola’s Wife, AMBO’s Wife, Ex-deputy Gov Take APC Campaign To Osun Markets, Seek Traders’ Support, Distributes Palliatives To Unit Canvassers
Osun 2026: Ex-Firstlady, AMBO’s Wife, Ex-deputy Gov Take APC Campaign To Osun Markets, Seek Traders’ Support
NURTW, Spare Parts Dealers, Hunters Endorse APC’s Oyebamiji Ahead Of Osun Governorship Poll
-
News5 days agoJust In: Tinubu Orders EFCC To Vacate Court Order Freezing Osun Government Accounts
-
News5 days agoTinubu Applauds Rescue of 308 Kidnap Victims, Orders Stronger Early Warning Systems
-
Foreign News5 days agoUK Appoints Vicky Seymour As Deputy High Commissioner In Abuja
-
Entertainment5 days agoBBNaija: Flora Fights Back Tears After Learning She’s A Gambit