N407.32bn debt: Adeleke vows to probe Oyetola

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The Osun State Governor, Ademola Adeleke, has put the total debt portfolio of the state at N407.32 billion.

“As your Governor, I will ask questions on your behalf. And will demand answers. Governor Oyetola must explain how the N331 Billion borrowed in the name of Osun State was expended, with no obvious infrastructural development to justify this huge debt.

“Governor Oyetola must explain how the N18 Billion Bridge loan taken after he lost the election on July 16, 2022, was expended. Governor Oyetola must also explain why Osun state is owing salaries & pensions to the tune of N76 Billion after collecting a N50 Billion Salary Bail Out Loan from the Federal Government.”

“The creditors, especially the Commercial Banks must explain why various loans were given to an administration beyond its 4 year tenure.” In his remarks, Ooni of Ife, Oba Adeyeye Ogunwusi, who presided over the meeting, urged Adeleke to remain focused on his plan for the state and assured him that monarchs would continue to offer advice that would enhance development and ensure peace in Osun.All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.

Source: Loan Digest (loandigest.net)

 

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He should, let's start with that.

Oga, go n start work no time for all dis complaining issues.

Let call for Oyetola to come and defend how they mismanage Osun-State money, cos they call for Oyinlola to come and defend his own part during the regime of Aregbesola . Osun is not Lagos we need to right for the right and make things happen .....

Focus on what you can do for the people of Osun State,to change their wellbeing & less on what mess former Osun State Gov left behind- in that way you may not derail

For all those people who critics Peter Obi for saving, this serve as eyes opener to them

Leave him alone. Let us face our people and let them feel better.

The Governor is pretty nice to his people. The Gov of Benue state in 7 years took over 400 billion loan with no single infrastructural dev. To worsen the situation, he is owing pensioners over 86 months. LG workers 13 months. State workers 7 months. Osun be proud of ur ex-Gov.

Isn't that the norm for them They come in, rack up projects with loans Spend/steal the actual project money Take even more loans when they're close the term end Run for Senate

Let him come and acct for the money …. Some people be like face your business, pls tell me who is going to face the consequences of his mismanagement? Oh you think is adeleke? It’s the people he should come and explain what he uses the money for that’s how to fight corruption

😂😂😂😂😂😂

It's APC norms, they keep borrowing Plateau State

Continue

Osun Is in Trouble! My good people of Osun state, the total loan stock as at today is N331.32 Billion. If the N76 billion debt on salaries and pension are added, the state is indebted to the tune of N407.32 Billion . The amount owed contractors is yet to be determined.

Dem wan use d money to repair helicopter wey dey mechanic workshop....make Gov Adeleke chill🤣🤣🤣

I bet he will not, how many ex governors have been successfully probed by their successors in Nigeria

Better

The amount is scary

how can our govt be this wicked and heartless... the state of Osun is one of the worse state in Nigeria yet the ex gov cant acct for 407bn

😂😂the era of witch hunting

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