News
Oyetola left a salary of N76 billion, pension debts
Mrs Bimpe Ogunlumade, Permanent Secretary, Ministry of Finance in Osun, says the state government has discovered salary and pension-related debts totaling over N76 billion left by the previous administration of Gov. Adegboyega Oyetola.
According to a statement issued on Thursday in Osogbo by Malam Olawale Rasheed, the Spokesperson for Governor Ademola Adeleke of Osun, Ogunlumade made the revelations while briefing officials of the new administration on the state’s financial status.
According to Rasheed, the Osun Government has discovered a massive debt of N76 billion in salaries, pensions, and insurance commitments incurred by Mr Gboyega Oyetola’s administration.
“This revelation was made by Mrs Bimpe Ogunlumade, Permanent Secretary, Ministry of Finance, on Thursday while briefing officials of the new administration on the state’s financial situation.”
“The disclosure contradicted the former governor’s claim that he left N14 billion in cash for the new government, among other bogus claims that have now been proven to be false.”
“The Permanent Secretary disclosed the following breakdown of salaries and pension-related liabilities:
“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 previous administration,” he said, adding that “briefings on other sources of liabilities continue tomorrow.”
-
News5 days ago
Yahaya Bello: American International School Of Abuja Has Transferred $760,910.84 To EFCC Out Of $845,852
-
Politics7 days ago
ONDO 2024/ Akeredolu’s ex-deputy Agboola wins PDP governorship election primary.
-
Sports6 days ago
Victor Boniface: Leverkusen boss Alonso makes you ‘up your game’
-
Business6 days ago
Customs Area 1 Ph Hits N43 Billion Revenue Generation in first Quarter of 2024
-
Politics5 days ago
Kogi: I didn’t pay $720,000 as school fees – Yahaya Bello
-
News5 days ago
Why people do strange, incredible things for love – Psychologist
-
Politics5 days ago
Ondo Guber: PDP ‘ll win November election — Jegede
-
Entertainment5 days ago
Davido on earning $1.3 million after NY performance