The Osun State House of Assembly has announced the plan to commence investigation into the N407.32 billion debt profile of the state earlier declared by Governor Ademola Adeleke.
Gov. Ademola Adeleke while in a meeting with the Osun Council of Traditional Rulers declared that N407.32 billion debt was incurred by his predecessor, Adegboyega Oyetola as he vowed to question him over the debt.
However, Oyetola refuted the claim through his media aide, Ismail Omipidan that he never took any loan for four years but the debt was incurred by the administration of Rauf Aregbesola. He challenged Adeleke to publish the date when the loans were accessed.
Similarly, the Assembly through the Chairman, House Committee on Information & Publicity, Kunle Akande in a statement on Friday expressed concern over the declaration of the debt and announced that investigation had commenced into the loan obtained by the state.
The statement read, “The State of Osun House of Assembly has expressed concerns over the reactions trailing yesterday’s debt profile declaration by Governor of the State, Senator Ademola Adeleke.
“The Assembly as the accredited representatives of the people is duty bound to seek clarifications and inform the people of the State accordingly.
“In this regard, we have instructed the appropriate agencies of government to immediately furnish the House with the updated details of the State’s debt and financial profile.
“We hereby call on all investors and business owners not to be alarmed by the said debt profile of the State.”
