Adeleke, Osun Owes N407.32 Billion Debt

Ademola Adeleke, who was proclaimed the victor of the state’s governorship election on July 16. He obtained 403, 271 votes throughout the election compared with the earlier governor, Gboyega Oyetola, who obtained 375,027.

Osun State Governor Ademola Adeleke has talked about the debt he accrued after taking office. He revealed the N407.32 billion in debt that the state owes.

The Governor talked about his predecessor ought to make clear why the state is owing salaries and pensions to the tune of N76 billion when the state obtained N50 billion as a bail out for salaries during his briefing to traditional rulers at their month-to-month meeting on Thursday on the standard rulers chamber contained within the State Government Secretariat.

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According to him, the state owes N331.32 billion, whereas employees nonetheless owing N76 billion in wage and pensions.

Details later…

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