Osun Assembly probes N407bn state debt

The Osun State House of Assembly has directed appropriate agencies to provide the Assembly the updated details of the state’s debts and financial profile.

The Assembly equally called on business owners and investors not to be alarmed by the state debts profile declared by Governor Ademola Adeleke on Thursday.

Adeleke had declared that his administration discovered a debt of N407.32 billion left behind by the immediate past governor of the state, Gboyega Oyetola.

He made this known at a meeting with the traditional rulers in the state.

However, the Osun Assembly, in a statement issued on Friday by the Chairman of the Commitee on Information and Publicity, Kunle Akande, said: “The Assembly expresses concern over the reactions trailing yesterday’s debts profile declaration by the governor of the state, Sen. Ademola Adeleke.

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“The Assembly, as 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 debts and financial profile.

“We, hereby, call on all investors and business owners not to be alarmed by the said debts profile of the state,” the Assembly noted.

The Star