The state’s Accountant-General, Mr. Seye Senfuye, presented a compendium of the financial statements of the state from 2003 to 2010 as well as the government’s cash flow from January to March 2011, to the state governor, Otunba Gbenga Daniel, during the last state executive council meeting held at Governor’s Office, Abeokuta.
According to the accountant general, the financial statements between 2003 and 2010 are audited while the January to March 2011 cash flow incorporated in the compendium is unaudited.
Speaking shortly after he received the financial report, Daniel directed the accountant general to circulate copies of the financial statements to relevant agencies, including Independent Corrupt Practices and other Related Offences Commission, Economic and Financial Crimes Commission, embassies and government parastatals.
The governor commended the resourcefulness of the accountant-general and his team for producing the compendium, which he described as a testimony of the efficiency of the state civil service.
“You have to print as many copies as possible so that everybody can have a copy and not only that, I challenge you to distribute it round – ICPC office, EFCC office, Federal Government, ministers, embassies, everywhere so that people, who want to ask questions, you can just say go and see how the economy of Ogun State in 2009 was deflated as a result of the behavior of certain people who are supposed to be stakeholders,” he stated.
The governor decried how a section of the state House of Assembly frustrated the move by the state to access bond from the capital market and politicised key programmes of his government for selfish gains.
He also blamed the labour leaders for being lukewarm and indifferent to the plight of the state in the face of the executive-legislative feud that jeopardised the bid to raise bond.
He said, “Everything we have done with your resources is here (in the compendium). The architect of the (political) crisis and the people who supported them are the ones that brought us to this stage. At the time we were at the heat of this crisis, you (labour unions) became political victims; you were muted when you were supposed to be agitated. The matter became so politicised and that actually affected recurrent expenditure.
Earlier on Tuesday, the Ogun State Governor, Otunba Gbenga Daniel, had lamented the state government payment of N400million monthly to service credit facilities obtained from banks.
Daniel, who spoke in Abeokuta at the inauguration of seven megawatts mini power plant, blamed the development on the state’s failure to obtain the controversial bond, while criticizing a section of the state House of Assembly for the financial woes experienced by his administration.
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