PoliticsMy Administration Leaves Behind Over N14bn In State's Coffers, Paid N97bn Out...

My Administration Leaves Behind Over N14bn In State’s Coffers, Paid N97bn Out Of Inherited Debt – Oyetola

Adegboyega Oyetola, the outgoing governor of Osun State, has stated that his administration is leaving the state’s treasury with a total of N14 billion in cash.

Oyetola added that the administration did not borrow any money from a bank during his time as governor, but that between 2018 and the time of his departure, it paid off a total of N97 billion from the debt it inherited.

Oyetola said in his farewell speech, which was included in a statement made public by his chief press secretary, Ismail Omipidan, on Sunday, that his administration improved Osun’s economy by implementing numerous projects that were people- and mass-centered in order to improve the quality of life for the state’s residents.

He claims that Osun has experienced economic stability under his leadership, as evidenced by the state’s Gross Domestic Product, which has increased dramatically since he took office.

In spite of all the obvious socioeconomic issues the state was facing and their effects, he claimed that Osun was more stable economically than it had been when he first arrived there in 2018. He added that he had been able to address the fears and evil of fiscal irresponsibility and lack of implementation, which had hampered projects and services in the country’s public service.

Credit: PressExpress

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