Osun official confirms Oyetola left N76 billion salary, pension debts
The Permanent Secretary in Osun State’s finance ministry Bimpe Ogunlumade says the state government has discovered a salary and pension-related debts, amounting to over N76 billion, left by the immediate past Governor Adegboyega Oyetola’s administration.
Olawale Rasheed, Governor Ademola Adeleke’s media aide, said on Thursday in Osogbo that Ms Ogunlumade made the revelations while briefing officials of the new administration on the state’s financial status.
According to Mr Rasheed, the Osun government has uncovered a monumental debt in salaries, pensions and insurance commitments incurred by the administration Mr 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 N14 billion 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:
“Salary: N29,875,191,128.64; Pension Arrears: N45,375,237,693.40; Group Life Assurance Scheme: N554,644,028.97, Total: N75,805,072,851.01.
“The public is hereby advised that this is not the total debt left by the past administration as briefings on other sources of liabilities continue tomorrow.” he said.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Heading 1
2027: Opposition not in disarray, we’re on top of our game, ex-presidential candidate Onovo says
Mr Onovo said the opposition was ahead of the ruling party despite the crisis over their candidacies on various political platforms.
NationWide
Troops rescue seven kidnap victims, kill two kidnappers
The troops also recovered arms, ammunition and other items in coordinated operations across Borno, Yobe, Benue and Plateau states.
Economy
Fuel price uncertainty forced marketers to halt supply temporarily: IPMAN
The Independent Petroleum Marketers Association of Nigeria (IPMAN) says uncertainty over petrol prices has forced many marketers to halt fresh purchases, leading to the temporary closure of some filling
Economy
Tinubu committed to investment in renewable energy, says presidential aides
He said Mr Tinubu is committed to investments in renewable energy development, human capital empowerment, clean energy innovation, and Nigeria’s Energy Transition Plan.
Agriculture
Flooding may raise vegetable prices, Lagos farmers warn
“If we sold vegetables at lower prices before, they will now become more expensive because farmers must recover their losses,” she said.
States
Oyo Abduction: Freed teacher says terrorists released victims before security operatives arrived
Abducted on May 15, the Oyo schoolchildren and their teachers were freed on June 10, after 56 days in captivity.
