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Former governor Gboyega Oyetola left salary and pension-related debts amounting to over N76 billion, Permanent Secretary of Osun State Ministry of Finance Bimpe Ogunlumade has said.

Spokesperson of Governor Ademola Adeleke, Olawale Rasheed, in a statement on Thursday said Ogunlumade made the revelations while briefing officials of the new administration on the state’s financial status.

According to Rasheed, the Adeleke administration has uncovered a monumental debt in salaries, pensions and insurance commitments incurred by the Oyetola administration 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 statement said.

“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.”

Adeleke’s spokesman added that this is not the total debt left by the Oyetola administration as briefings on other sources of liabilities continue on Friday.


The Niche

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