“I Left N14bn For My Successor'' – Outgoing Governor Of Osun State, Gboyega Oyetola

Date: 27-11-2022 8:12 pm (1 year ago) | Author: Mister Jay Wonder
- at 27-11-2022 08:12 PM (1 year ago)

Outgoing governor of Osun, Alhaji Gboyega Oyetola, says he left N14 billion in the state’s coffers for his successor, Sen. Ademola Adeleke who takes over from him today November 27.

In his farewell message released by his media aide, Ismaila Omipidan, Oyetola stated that his administration paid N97 Billion from the debt it inherited in 2018 when he assumed office.

He declared that his administration did not borrow any money from anywhere to finance the state’s economy, stressing that he kept the faith and maintained fidelity to his electoral promises throughout his tenure.

“We are leaving behind a cash balance of more than N14 billion. In addition to the N14 billion cash, another N8 billion is being expected between December and January 2023 from our performance in States Fiscal Transparency, Accountability and Sustainability programme (SFTAS) and from Internally Generated Revenue.

SFTAS is a government programme designed to advance fiscal transparency, accountability and sustainability of states of the federation. For four years, we did not take any bank loan.

We benefitted from the N3 billion monthly interventions by the Federal Government to all the states for six months to cushion the effect of deductions of budget support facility and salary bailouts taken by the previous administration.

We paid N97 billion from the total debt we inherited in 2018''
he said

Posted: at 27-11-2022 08:12 PM (1 year ago) | Addicted Hero
- Allsense at 27-11-2022 09:11 PM (1 year ago)
In the end now it won't be long when the newly elected gov starts to shout that there's nothing in the treasury plus debt you owe, so your 12billion I don't think it is feasible kankan
Posted: at 27-11-2022 09:11 PM (1 year ago) | Gistmaniac
- fineboy77 at 27-11-2022 10:08 PM (1 year ago)
Obi left up to 100Billion more than 8 years ago. The dollar was 15000 to 100 dollar as at then.

Posted: at 27-11-2022 10:08 PM (1 year ago) | Addicted Hero
- gogoman at 27-11-2022 11:21 PM (1 year ago)
Posted: at 27-11-2022 11:21 PM (1 year ago) | Grande Master