Osun owes N407.32bn debt – Gov Adeleke reveals

The Osun State Governor, Senator Ademola Adeleke, has on Thursday revealed that the state is owing N407.32 billion debt.

“Briefing traditional rulers at their monthly meeting at traditional rulers chamber inside the State Government Secretariat on Thursday, Adeleke said his predecessor must explain why the state is owing salaries and pensions to the of tune N76 billion having gotten N50 billion as bail out for salary. He said the state owed N331.32 billion while salaries and pensions owed workers amount to N76 billion.”

The governor declared his resolve to transform public transportation and rid the motor parks in the state of violence.

In a statement by the spokesperson for the governor, Olawale Rasheed, obtained in Osogbo on Wednesday, said “Our administration is determined to sanitise motor parks across the state. We can no longer allow our parks to be breeding ground for thuggery and lawlessness.

“It is time to secure our state by making park environment safe, productive and enjoyable. Our goal is to develop modern transport terminals.

“The mandate of your committee therefore includes studying and reviewing the current park system; propose new park management model; and develop an implementation plan.”

Chinyere Treasure Mbadiwe
Chinyere Treasure Mbadiwehttp://wakadaily.com
Chinyere Treasure Mbadiwe is the Co-founder and CEO of Wakadaily News. With a B.Sc. in Business Administration from the National Open University of Nigeria (NOUN), she brings a wealth of leadership and strategic expertise to the platform. Chinyere is passionate about delivering high-quality, engaging news that informs and empowers audiences. Her vision for Wakadaily is to create a space where reliable, diverse, and impactful content connects people and fosters informed conversations.

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