Adeleke, Oyetola Bicker Over N407.32bn Debt

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Oyetola-Adeleke

Ismail Omipidan, the Chief Press Secretary to former Osun State Governor, Gboyega Oyetola, has denied reports that his principal left the state in debt.

After Oyetola lost the election on July 16, 2022, Governor Ademola Adeleke accused him of taking out a N18.04 billion loan through the FGN Bridge Finance Facility, saying the terms of the repayment were unknown. Additionally, he asserted that the South-West state owes 407.32 billion in debt.

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But hours later, Oyetola’s aide dismissed the allegations, on Thursday, saying that;

If they had provided the dates where those debts were procured, it would have been very clear that none were sourced under Adeboyega Oyetola in the four years he spent.

He said during his appearance on Channels Television’s Politics Today that the N18 billion was budget support from the Federal Government which other states benefited from and was also captured in his principal’s farewell speech.

It is the same N18bn, I want to suspect, they are cleverly claiming that Oyetola borrowed. I make bold to say that for the four years we ran Osun State, we did not take any bank facility and these facts are in the public domain.

Is it possible to take a loan without going through the House of Assembly? The House of Assembly members are there, the Speaker is there; they are all alive and you can crosscheck these facts from them. The debts they are reeling out were the debts we also inherited from the Aregbesola administration from where we even paid N97 billion.

As far as he is concerned, the Adeleke administration should make public where it is getting the funds to run the state since all Osun accounts have been frozen by the current government.

If by their claim that we left them in debt, let them tell the world where they have been sourcing the money they have been spending since November 27th when they came on board.

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