The Osun state government has revealed that the out gone Adegboyega Oyetola led administration left a debt of N76 billion for the new administration.
This was disclosed via a press statement issued by the Permanent Secretary, Ministry of Finance, Mrs. Bimpe Ogunlumade, and signed by the spokesperson to the governor, Mallam Olawale Rasheed, in Osun on Thursday.
The press statement partly reads, “…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 tomorrow.”