The Osun State government says it has uncovered debt in salaries, pensions, and insurance commitments incurred by the administration of a former governor, Mr Gboyega Oyetola amounting to 76 billion naira.

The Permanent Secretary, Ministry of Finance, Mrs Bimpe Ogunlumade disclosed this while briefing officials of the new administration on the financial status of the state. 

The disclosure was contrary to the claim by the former Governor that he left 14 billion naira in cash for the new government among other claims that have now been found to be a falsehood.

The Permanent Secretary gave the breakdown of the salaries and pension-related liabilities to include, salary over 29 billion naira, pension arrears of 45 billion naira and Group Life Assurance Scheme amounting to 554 million naira.

Spokesperson to the Governor, Mallam Olawale Rasheed in a statement, said that the 76 billion naira is not the total debt left by the past administration as briefings on other sources of liabilities continue tomorrow.

Funmi Adekoya

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