The Osun State Governor, Ademola Adeleke, has disclosed the state is indebted to the tune of N407.32 billion as of the end of November.
He revealed this on Thursday during a meeting with Osun State Traditional Rulers at Osogbo, Osun State Capital, confirming that the state is indebted to the tune of N407.32 billion as of November 30.
He said, “My good people of Osun state, the total loan stock as of today is N331.32 Billion.
“If the N76 billion debt on salaries and pension are added, the state is indebted to the tune of N407.32 billion. The amount owed to contractors is yet to be determined.
“The only fund in government coffers, as of Monday 29th November, was for November 2022 Salary. Otherwise, the state treasury was empty.
“As your governor, I will ask questions on your behalf. And will demand answers.”
Details later…
