.Report by Mudasir Opeyemi
Osun State Governor,Ademola Adeleke has revealed that the immediate past governor of the state, Adegboyega Oyetola left a debt of N76bn.
According to the statement by his spokesman, Mallam Olawale Rasheed disclosed that the revelation was made by the Permanent Secretary, Ministry of Finance, Mrs. Bimpe Ogundunmade, while briefing officials of the new administration on the financial status of the state on Thursday.
According to the statement,the debt was incurred in salaries,pensions and insurance commitments by the last adminstration.
The statement added that in contrary to the claim by the former Governor that he left N14bn in cash for the new government and other many claims by the former governor have now been discovered to be an outright falsehood.
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“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 statement read in part