Governor of Osun State, Ogbeni Rauf Aregbesola on Sunday, reacted to the N6.2 million his state received from the February Federal allocation.
This amount was reached after all debts owed by the government were deducted.
The state Chief Executive defended the collection amidst wide criticism nationwide, describing it as “neither extraordinary nor strange.”
Here’s what the Governor said through his twitter handle
Rauf Aregbesola
✔@raufaregbesola
Firstly, it is important to state that this situation is neither extraordinary nor is it strange.
7:00 PM – 20 Mar 2016Rauf Aregbesola
✔@raufaregbesola
In November 2015 the revenue from federation account was in deficit of N24m yet salaries and pensions were paid.
7:00 PM – 20 Mar 2016To be sure, a total of N5.1billion has been committed to that responsibility from October to December 2015
7:01 PM – 20 Mar 2016To be sure, a total of N5.1billion has been committed to that responsibility from October to December 2015
7:01 PM – 20 Mar 2016Even with just a total revenue of N97m from the federation account.
7:01 PM – 20 Mar 2016Yes, N6.2m revenue accrued from federation account for January,2016, as it happened in previous months
7:02 PM – 20 Mar 2016This i can assure you will certainly not affect our obligations to our workers.
7:03 PM – 20 Mar 2016The January salaries and pensions are being paid this week. We must thank our workers for their understanding and cooperation.
7:04 PM – 20 Mar 2016
Last Friday, Nairametrics published, stating how Osun State was currently in serious financial mess through this link.:
The post above and its ensuing comments, if any, is purely the opinion of the writer(s). It therefore should never be considered as an investment advise of any sort. If required, readers should please consult a competent professional financial adviser for any investment decision.