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N407.32bn Debt: We Inherited It, Oyetola’s Aide Replies Adeleke

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

Governor Ademola Adeleke had accused his predecessor of a N18.04 billion FGN Bridge Finance Facility loan after the July 16th, 2022 election which Oyetola lost, claiming there is no information on the repayment terms. He also claimed that the South-West state is indebted to the tune of N407.32 billion.

But hours later, Oyetola’s aide dismissed the allegations, 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,” he said on Thursday.

“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.”

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