Categories: Local

Osun Govt Accuses Oyetola Of Leaving N76bn Debt

A combination of Senator Ademola Adeleke and Gboyega Oyetola in a debate ahead of the July 16 governorship election in Osun State.


The Osun State Government 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, Mrs. Bimpe Ogunlumade to have made the claim while briefing officials of the new administration on the financial status of the state on Thursday.

“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.

READ ALSOAdeleke Freezes Osun Accounts, Reverse State’s Name

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.

Emmanuel Egobiambu

Disqus Comments Loading...
Published by
Emmanuel Egobiambu
Tags: Osun State Oyetola

Recent Posts

  • Crime Watch

Gunmen Attack Bauchi Community, Kill Four

The assailants also abducted one person.

10 hours ago
  • Headlines

2023: South-East Can’t Throw Away 24-Year Investment In PDP, Says Chidoka

The former Aviation Minister said it would be unwise for Igbos to leave the party they have supported since 1999. 

11 hours ago
  • Headlines

I Remain Tinubu’s Ardent Supporter And Mobilizer Of Votes – Yahaya Bello

He condemned a Sunday publication claiming that he has withdrawn support for Tinubu, describing it as fake news.

11 hours ago
  • Sports

Impressive Arsenal Down Man United, Extend Lead

There is a growing sense of belief at the Emirates that the Gunners can at last end their long wait…

13 hours ago
  • Africa

Gunmen Kill Eswatini Opposition Politician

Thulani Maseko was shot dead on Saturday night by unknown attackers in Luhleko, around 50 kilometres (30 miles) from the…

14 hours ago
  • Politics

Yahaya Bello Remains Committed To Tinubu’s Campaign – APC

The party said that Bello will continue to work assiduously for the resounding success of Tinubu at the February polls.

14 hours ago