Breaking News

Osun begins Interview for shortlisted Teachers across the State | EID-EL-KABIR: YOUR SACRIFICES WILL NOT GO UNREWARDED, GOVERNOR ADELEKE ASSURES OSUN PEOPLE. | Osun Exco Approves Osun State Water Users Association (Irrigation) Bill 2025. | OSUN HOST SOUTHWEST STAKEHOLDERS ROUNDTABLE ON RENEWABLE ENERGY, UNVEILS CLIMATE-SMART INVESTMENT PORTFOLIO. | Setting the Record Straight: Wole Soyinka High School’s Condition and the Adeleke Administration’s Commitment to Education | Osun State Government receives report of findings on the Olojudo of Ido-Ayegule chieftaincy crisis | THE HISTORY OF HOW OSUN IS THE BIRTHPLACE OF ADIRE, OSUN GOVERNOR SPOKESPERSON RESPONDS TO OGUN ADIRE TRADERS | Governor Adeleke Bags NBA Award, Denies Rebuking Supreme Court | GOVERNOR ADELEKE GREETS GOVERNOR DAPO ABIODUN AT 65 | INFRA AWARD: GOVERNOR ADELEKE PLEDGES MORE SERVICE DELIVERY, DELIVERS DIASPORA LECTURE IN LONDON. | GOVERNOR ADELEKE SALUTES FORMER OSUN GOVERNOR, OGBENI RAUF AREGBESOLA AT 68. | Ifon-Ilobu-Erin Osun Communal Crisis: Adeleke Relaxes Curfew, Now 9pm—5am daily | Gov Adeleke expresses concern over Ilesha Correctional Centre Jail Break | Owa Coronation: Governor Adeleke Lists Achievements Across Ijesaland, Commends Tinubu over Ibadan-Ilesa Road Contract | You and Your Team are Doing A Phenomenal Job. | Food Security: Hon. Babatola Faseru Commends Governor Adeleke, Urges Farmers to Maximize Use of Distributed Tractors | Adeleke Spokesperson to Bashiru: Stop Using Fake News as a Campaign Strategy | Badly Constructed Road: Governor Adeleke Deploys Top Officials to Community, Directs urgent Review | Why Ajibola Bashiru is Blind to Osun 7th Examination Ranking and 1st SW Prize on Health – Adeleke’s Spokesperson | GOVERNOR ADELEKE CONGRATULATES DR AKINOLA ON APPOINTMENT AS SWDC MD | Governor Adeleke Eulogises Dele Momodu at 65
Higher Program Officer October 30, 2024

GOVERNOR ADELEKE DID NOT RECEIVE N8B LAUTECH REFUND.

● OYETOLA GOVT GOT N3.5B; SPENT ALMOST N2B

OSOGBO- 30/10/2024 – osun state.gov.ng

Governor Ademola Adeleke did not receive any Eight Billion Naira as LAUTEC refund from the Oyo State government. Rather, the former Governor Oyetola government actually received Three Billion, Five Hundred Million and spent almost Two Billion Naira from the fund before leaving office.

Contrary to the fake news, the Oyetola administration actually got a payment of Three Billion, Five Hundred Million from the Oyo state government as part of the LAUTECH settlement payment before leaving office.

To put it more directly, the sum of Three Billion, Five Hundred Million Naira (N3,500,000,000) came in during the period of the last dispensation. The credit balance stood at One Billion, Five Hundred and Sixty Two Million, Four Hundred and Forty Thousand, and Four Hundred and Thirty Six Naira (N1,562,440,436.80) as at November 30th, 2022. It therefore means that the sum of N1,937,559,563.20 was expended during the last administration.

From November 2022 till date, the Adeleke administration received only Five Hundred Million Naira on the LAUTECH refund since assumption of office.

When added to the N3.5 Billion paid by Oyo government during the Oyetola administration, a total of Four Billion Naira has so far been received from Oyo state government by the Osun state government.

The state spent part of the fund on ongoing infrastructure upgrade projects across the sectors of the state economy.

As a transparent administration, all inherited and newly generated funds are properly managed by the state financial managers while state expenditures are drawn from the state accounts as stipulated in the Appropriation Act.

Report of an alleged Eight Billion Naira (N8B) payment on the LAUTECH settlement is therefore fake news from an opposition that has lost all its credibility and electability.

Governor Ademola Adeleke remains committed to transparency, accountability and anti-corruption practices in the management of state resources. We call on the public to ignore the baseless report from those merchants of falsehood.

Signed:
Mallam Olawale Rasheed,
Spokesperson to Governor Adeleke.

Leave a Reply

Your email address will not be published. Required fields are marked *