Oyetola took N18bn loan after election loss and left N407.32bn debt – Adeleke cries out

The Governor of Osun State, Ademola Adeleke has disclosed that the state is indebted to the tune of 407.32 billion naira, including N76 billion debts on salaries and pensions.   Adeleke disclosed this on Thursday, December 15, 2022, during a meeting with Osun State Traditional Rulers at Osogbo, Osun State Capital.   According to him, “my administration inherited eight outstanding loan facilities, apart from salaries and pension debts, from Governor Oyetola’s administration.     Adeleke explained that the repayment period for the loan facilities ranged from 16 months to about…

Osun Tribunal admits Adeleke’s Certificates as Exhibits. ….. Oyetola, APC close case

The Osun State Election Petition Tribunal on Saturday admitted in evidence the file with the Independent National Electoral Commission (INEC) containing the secondary school certificate and testimonial of Ademola Adeleke of the StateGovernor. This is just as the Petitioners, Mr. Adegboyega Oyetola and the All Progressives Congress (APC), closed the prosecution of the matter, leaving respondents to state their defence. The admission of the documents followed the appearance of INEC representative, Mrs. Joan Arabs, who brought Adeleke’s original files containing the certificate he submitted to the Commission in 2018. It…

How I sustained Osun economy without borrowing in four years — Oyetola …pays N97billion out of inherited debt, leaves behind over N14 billion cash in State’s coffers

Governor Adegboyega Oyetola of Osun on Saturday disclosed that his administration is leaving behind for the incoming government a total sum of N14billion cash in the State’s coffers.   Oyetola also revealed that his government had successfully paid N97billion from the total debt inherited in 2018 when he assumed office.   He disclosed that his administration didn’t borrow a dime anywhere in the world to finance the economy of the State, saying he successfully kept faith and maintained fidelity with his electoral promises since the assumption of office.   Governor…

Oyetola signs N138b 2023 budget

Osun Governor, Adegboyega Oyetola, on Thursday night, signed the 2023 Appropriation Bill into law. The budget was passed into law by the House of Assembly on Wednesday. The 2023 budget estimate of N138 billion, is tagged: “Budget of Consolidation”. It has Personnel Expenditure component of N45,450,655,060; Recurrent Expenditure, N53,755,885,370; total recurrent expenditure N99,206,540,430; while Capital Expenditure stands at N39,059,447,710, making the total budget size of N138,265,988,140. Signing the Appropriation Bill into law in his office at Government Secretariat, Abere, Osogbo, Governor Oyetola announced that the 2022 budget as at the…

Osun govt installs Famodun new Owa of Igbajo … We ‘re confident of your pedigree – Oyetola

The Osun State Government on Thursday installed Prince Adegboyega Famodun, as the new Owa of Igbajo, in Boluwaduro Local Government Area of the State.   Until his unanimous selection and appointment by the kingship authority, Famodun was the State Chairman of the All Progressives Congress (APC). Recall that the State Executive Council at its meeting last Monday ratified the selection of Oba Adegboyega Famodun by the kingmakers from Igbajo and he was subsequently installed on Tuesday morning after undergoing all the traditional rites associated with the stool.   The installation…

Osun Tribunal: INEC fails to produce Adeleke’s Certificates ….. As witness insists he forged them

Osun State Resident Electoral Commissioner (REC) of the Independent National Electoral Commission (INEC) has told the Election Petition Tribunal that the state office of the commission was not in custody of the certificates of Senator Ademola Adeleke.   The electoral officer made this declaration on Tuesday at the resumed hearing of the petition filed by Governor Adegboyega Oyetola and the All Progressives Congress (APC) against the declaration of Ademola Adeleke of the PDP as Governor-elect.   The REC was billed to appear before the panel in line with a Subpoena…

31st Iragbiji Day: Oyetola charges Kinsmen on Path of Love, Unity … says he will never take their love for granted

Osun state Governor ,Adegboyega Oyetola has described the gathering of kinsmen to celebrate various towns day as chords of unity, love and culture that unite the people and foster peaceful coexistence.   He made the statement on Saturday while addressing the gathering at the 31st Iragbiji day celebration held at Oke-Iragbiji Grammar School, Iragbiji.   This is even as the governor expressed his profound gratitude to the people of Iragbiji for their supports, love and prayers for him and his administration ever since he assumed leadership of the state four…

Osun Food Support Scheme: We ‘II not allow initiative to die – Oyetola

The Osun state government has reiterated commitment to sustaining its social intervention programmes aimed to raising the standard of living of the people, stimulate the economy and to make life meaningful and worthwhile for the generality of the people.   The government noted that it was resolute to continue the programme for the betterment of the people particularly the most vulnerable, saying nothing would make the lofty initiative to die. This is even as the gari processors lauded the Oyetola’s social investment programmes saying it has particularly dignified and elevated…

Oyetola emerges Best Governor on Efficiency of Public Expenditure

Prudent management of resources and ability to deploy little resources judiciously to achieve more of the Governor Adegboyega Oyetola of Osun have been recognised by the Federal Ministry of Finance and the World Bank Group.   Oyetola was adjudged the Best Governor on Efficiency of Public Expenditure by the World Bank’s States’ Fiscal Transparency, Accountability, and Sustainability, SFTAS, beating 35 other governors to clinch the coveted award.   Similarly, Osun as a State also clinched another award of Excellence for being the “TOP” performer on Domestic Revenue Mobilisation.   The…

PDP debunks APC claims on Tribunal Proceedings, says No Court Order on Adeleke’s Certificates *Oyetola’s Petition Lacks Merit

Osun State Chapter of the Peoples Democratic Party(PDP) has debunked news reports that the Tribunal ordered for certificates and 2018 filing of Senator Ademola Adeleke.   In a statement on Thursday, the party said the APC is engaged in misrepresentation as there was no such order and as 2018 matter has no connection to the 2022 proceedings.   Condemning the consistent falsehood from the APC, the PDP noted the APC only sought to serve a subpoena on the electoral body and that the entire 2018 issue will even be challenged…