• News
  • Article
  • Business
  • Health
  • Politics
  • Achievement/Profile
  • Sports
  • Features
  • Adverts
Menu
  • News
  • Article
  • Business
  • Health
  • Politics
  • Achievement/Profile
  • Sports
  • Features
  • Adverts
Home News

Osun debt: Publish loan details, procurement dates – Omipidan challenges Adeleke

Omotayo Daranjo by Omotayo Daranjo
December 16, 2022
in News
0
Osun debt: Publish loan details, procurement dates – Omipidan challenges Adeleke
0
SHARES
40
VIEWS
Share on FacebookShare on Twitter

Media aide to the immediate past Osun State Governor, Adegboyega Oyetola, Ismail Omipidan, has challenged Governor Ademola Adeleke to publish details of the outstanding loan facilities he claimed his administration inherited and the years they were procured.

He also disclosed that his principal never took any bank facility for the four years he served as Governor, noting that the debt in question was incurred by the Ogbeni Rauf Aregbesola’s administration.

READ ALSO

South Africa is Leading the Call for Responsible Gambling in African Countries

Nigeria crime scene under Tinubu, there’s stealing everywhere – Peter Obi

Omipidan said the Government is out to smear and blackmail Oyetola’s personality but that Osun citizens and Nigerians from far and near know the truth.

“When talking about loans, you cannot talk of maturity date without talking about the dates they were procured.

“It is either that those who prepared the speech for the Governor to read did not understand the implications of their position or they did it out of sheer mischief to expose their Principal or both. Otherwise, if they had read and understood my Principal’s farewell speech very well, they would not have alleged that he took N18 billion loan.

“Again, even in the table they released by themselves, they contradicted themselves. Take a look at item 7 on their list, they captured the N3 billion monthly as having commenced from December 2021 and that it came for six months. Yet, they claim the same N18 billion was accessed after the July election. You see why I said they are either confused or are out for mischief or even both. 

“In the third paragraph of the speech from the rear, my Principal had said ‘for four years, we did not take any bank loan facility. But we benefitted from the N3billion monthly intervention from the federal Government for six months to cushion the effect of deductions of budget support facility and salary bailout accessed by the previous administration, just as we have paid N97 billion from the total debt we inherited in 2018.’  I want to believe that is what they have now twisted to call loan. This intervention was extended to all the 36 states of the Federation. And the monthly N3 billion for six months came before the July 16 governorship election. This is a fact that can be verified. 

“Let me restate here that we never took any bank facility, and we challenge the Government to publish balances of all bank accounts belonging to the State as at November 26, 2022. When the Oyetola administration took over in 2018, we inherited humongous debt but we never complained or made excuses. What we did was to get to work and find means of making things work for the four years we governed Osun and we reduced the debts we inherited by N97 billion. 

“By the way, Governor Adeleke announced the freezing of all government accounts on November 27 when he took over. Till date, he is yet to announce that he has unfrozen  the accounts. Yet, they have been spending from State Government coffers since then. So, where is the money coming from? This is where you will know that those around the Governor are a bunch of liars who are not prepared for governance but preparing grounds for excuses and non-performance,” Omipidan added.

Related Posts

South Africa is Leading the Call for Responsible Gambling in African Countries
News

South Africa is Leading the Call for Responsible Gambling in African Countries

May 8, 2025
2027: I’m Desperate To See Nigeria Work – Peter Obi
News

Nigeria crime scene under Tinubu, there’s stealing everywhere – Peter Obi

May 8, 2025
Same P-Square Who Are Against APC Performed At Buhari’s Inauguration – Seyi Law
News

It Is Appalling Youths Sell Their Voices For ₦20,000 – Seyi Law References Peter Obi

May 5, 2025
You Spoke Like Peter Obi – Presidency Slams Adesina
News

You Spoke Like Peter Obi – Presidency Slams Adesina

May 5, 2025
More Details Emerge On Reason British-Nigerian Nursing Student Was K!lled In Texas Days Before Graduation
News

More Details Emerge On Reason British-Nigerian Nursing Student Was K!lled In Texas Days Before Graduation

May 5, 2025
Niger Deputy Governor Set To Resign, Packs Belongings Out Of Official Residence
News

Niger Deputy Governor Set To Resign, Packs Belongings Out Of Official Residence

April 28, 2025
Next Post
“Our vision no longer aligned” Funke Akindele finally opens up on separation from JJC Skillz

“Our vision no longer aligned” Funke Akindele finally opens up on separation from JJC Skillz

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

The Trumpet International Magazine is a real-time and comprehensive news magazine. It is an independent, national news provider for Africans, reporting daily developments and events in South Africa and other African Countries and their Citizens based in South Africa.

Categories

  • News
  • Article
  • Business
  • Health
  • Politics
  • Achievement/Profile
  • Sports
  • Features
  • Adverts
Menu
  • News
  • Article
  • Business
  • Health
  • Politics
  • Achievement/Profile
  • Sports
  • Features
  • Adverts

Recent Post

5 Nigerian foods that could be slowly killing you

South Africa is Leading the Call for Responsible Gambling in African Countries

UCL: Wenger disagrees with Arteta after Arsenal lost 2-1 to PSG

Nigeria crime scene under Tinubu, there’s stealing everywhere – Peter Obi

Meet 8 popular Nigerian celebrities born into rich family

Health
Omotayo Daranjo
5 Nigerian foods that could be slowly killing you

As delicious as Nigerian foods are, some of

Read More »

Trumpet Magazine | © 2021.

Facebook Twitter Youtube Linkedin Instagram

Add New Playlist