Amosun Didn’t Properly Capture Ogun Debt Profile - Governor Dapo Abiodun Says - Way Loaded

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Wednesday, April 7, 2021

Amosun Didn’t Properly Capture Ogun Debt Profile - Governor Dapo Abiodun Says

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Ogun Governor Dapo Abiodun has stated the handover note given to him by his predecessor, Senator Ibikunle Amosun, did not capture the entire liabilities left behind.

Abiodun said his administration inherited N50billion in financial liabilities from Amosun, which were largely unaccounted for in the financial report handed over to him.

The Governor, in a statement by his Chief Press Secretary Mr Kunle Somorin, alleged the omitted amount N50bn was financial liabilities incurred by Amosun’s administration due to unpaid pensions, gratuities and outstanding staff salaries, “which surprisingly were not captured in the books left behind for the new government.”

“We most effective were given to recognize approximately this amount in the course of our wearing out due diligence on Ogun State budget quickly once we took over.

“And as a obvious authorities, committed to being accountable, we had to reveal this for the first time, to present a true picture of the State’s indebtedness.

“Governor Dapo Abiodun has started paying the retirees and pensioners affected with the primary tranche of N500million paid to them closing month.

*Every area the governor has promised to pay them as a minimum N500million until each person is paid.”

While noting the current record by using the Debt Management Office (DMO) at the kingdom’s home debt, the statement said the omitted figures by means of the on the spot beyond management within the country had an impact on the DMO file.

Abiodun reiterated his administration’s commitment to transparency and responsibility in all subjects even as last steadfast within the of completion of all tasks inherited in addition to those initiated by way of the present authorities.


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