Oyetola Didn’t Access Any Loan Since 2018 — Govt
Adegboyega Oyetola
Osun State government, Sunday, disclosed that the administration of Governor Adegboyega Oyetola has not accessed any credit facility, since assumption of office in 2018.
Former commissioner for Finance under Ogbeni Rauf Aregbesola’s administration, Mr. Wale Bolorunduro, had said that the state’s negative Federal allocation for February was due to a fresh loan facility the Oyetola-led administration accessed.
The state government received as Federal allocation the sum of N379,914,981.09 for the month of February, which raised concern over its debt status among residents.
But faulting the claim, the Commissioner for Finance, Mr. Bola Oyebamiji, in a statement, stated that the negative figure was accrued to the state after the statutory debt deduction to t...