The outgoing governor of Osun state, Mr. Adegboyega Oyetola has penned a farewell note to the people of Osun saying that his administration is leaving behind for the incoming government, a sum of N14 billion cash in the State’s coffers.
In his farewell statement, he revealed he did not borrow a dime anywhere in the world to finance the state’s economy and he his administration has successfully paid #97 billion from the total debt inherited in 2018 when he assumed office.
Governor Oyetola was sworn in on 27th November, 2018 when he took over from his predecessor, Mr. Rauf Aregbesola.
The results of the last governorship election held 16th July this year as declared by the Independent National Electoral Commission (INEC) favoured Senator Ademola Adeleke, of PDP a decision that is already being challenged by Oyetola and his party, APC, at the Osun State Governorship Election Petition Tribunal, sitting in Osogbo.
The statement reads in parts:
“As we draw the curtains on this first tenure, we are convinced that we neither reneged on our promise nor disappointed you. We kept faith in you and maintained fidelity to our election promises. It was our wish to continue to serve you but we are constrained by the outcomes of the July 16 Governorship election which we are already challenging in court.
“As a law-abiding citizen and government, we are stepping aside to allow the law take its course.
“However, we look forward to continuing to serve you in no distant future. We continue to trust in God that we shall be back soon, as we have implicit trust and confidence in the Judiciary to do justice in the case before it.
“As we end our first term, rest assured that Osun is more stable economically than we met it in 2018 and it remained the most peaceful state in the country under our leadership.
“For four years, we did not take any bank loan facility. But we benefitted from the N3billion monthly intervention from the Federal Government to all the States for six months to cushion the effect of deductions of budget support facility and salary bailout accessed by the previous administration, just as we have paid N97 billion from the total debt we inherited in 2018.
“We are leaving behind cash of over N14 billion. In addition to the N14 billion cash, another N8 billion is being expected between December and January for performance in SFTAS and the IGR. Also, another Seventy-Two million Dollars will come to the State soon from RAMP 3, NG-CARES, Nigeria for Women Project and Ease of Doing Business.
“These are earned, based on performance. And we have indeed performed to earn them. It was part of the same performance that earned us the award of Best Governor on Efficiency of Public Expenditure and TOP Performer on Domestic Revenue Mobilisation by the World Bank’s States’ Fiscal Transparency, Accountability and Sustainability, SFTAS, recently.
“We have gone this length to let you know that Osun under our leadership was sustainable. It was done through fiscal discipline and personal sacrifices
“On behalf of our team, I appeal to you all to continue to be law-abiding and to work assiduously to build the Osun of our dream. Together, we shall continue to mend the broken walls of our dear State and restore her glory for our collective good and that of posterity.” Oyetola added.
He declared that his administration was very sustainable and also appealed to the citizens to continue to be law-abiding to build the Osun of their dream.
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