Ex-Governor Oyetola Took N407billion Loan That Would Take Osun State 28 Years To Repay – Governor Adeleke Demands Probe | Sahara Reporters

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The Osun State Governor, Ademola Adeleke, has disclosed that his predecessor, Gboyega Oyetola, still went ahead to obtain N18 billion loan despite losing the July 16 governorship election in the state. This is as he also revealed that the state is indebted to the tune of N407.32 billion as of November 30, 2022. Adeleke disclosed this on Thursday during a meeting with Osun State Traditional Rulers at Osogbo, Osun State Capital.

Ex-Governor Oyetola Took N407billion Loan That Would Take Osun State 28 Years To Repay – Governor Adeleke Demands ProbeThis is as he also revealed that the state is indebted to the tune of N407.32 billion as of November 30, 2022.

Adeleke disclosed this on Thursday during a meeting with Osun State Traditional Rulers at Osogbo, Osun State Capital. “The only fund in government coffers, as of Monday 29th November, was for November 2022 Salary. Otherwise, the state treasury was empty.

 

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Jesus, is it hunger or poverty that a former governor in the SW will take 11 cars home? Sir, I am embarrassed on your behalf.

Talented Criminal, he has stolen the money to support his God father Tinubu.

Real prob is to be carried out on this

I just realized that some Nigerians are OK with the way the country is and want it to be worst... They are just demons in human form

This is hard to believe

If I where you. I will document it and start my job for osun people. Days have started counting already oooo

Nigeria politicians are the same a group of gangs who keep playing games personally for themselves. During election you will go and queue. Wise up

Blame game. Na lie

Maybeks Lies

Follow due process for possible recovery instead of complaining

I know the money isn't upto that amount, but it's good PDP have a taste of what it's like to criticise good deeds. Una VP candidate left over 100billion depth too.

And he too planning to borrow 300bn

Let EFCC probe him if it is true and let him refund it

For Osun to pay off this loan in 28 years, they have to submit approximately N1.2 billion yearly.

APC is evil

Drag him and seize all his properties !!!!!

EFCC won’t see that 😢

Nigerians that work in Federal and State civil service should go start a business or work in a private firm cus as we dey go so, soon no state government or federal government would be abe to pay salaries of their workers.. Give it another 4 years.

Pay d one u can, after u d next person will continue. Don't go n start work

Dates and details of the debts procurement matters a lot, if only PDP government in Osun is sincere... And ready for the business.

If you're a youth here and still vote for tho oldmen you're a fool and will suffer,sapa still dey learn. The only thing those old people can do is to order,shoot them, pack them to the prison to wrath their, tell me can a younger man order such, ask yourself.

This governors are wicked and heartless... Go to that state, you wouldn't see evidence of where the money was invested.

oluwaloninyo Mofo do your work ogbeni!

Nigerians are done with Political drama…. Military should rescue this nation

No need to be telling us what he did. Just do the needful. Almost 3 generations will be paying that debt with interest

At this point everybody in Osun State should stand on their feet and clap for Peter Obi

That's not true. The loans started from past governments, he added to it .

Won’t they call him for questioning?

In Pakistan, some men took loans to marry wives and splurge, then hand out their sons to repay the debt, those boys (slaves) turn to men moulding blocks in the scorching sun all day, sometimes for the rest of their lives {putting this situation in proper perspective}

These people don't have limit to which they steal money. Which infrastructure or investment did he use the money to do? This is why Nigerians just have to appreciate Peter Obi and make sure he enter aso Rock. Man didn't leave one debt in Anambra state, instead he made investment

Adeleke should not disappoint osun people, let him give an account on how he managed public fund

Who is this loan shark 🦈 that keeps giving these people this money self

IN THE HISTORY OF ARM ROBBER IN NIGERIA 🇳🇬 NO ARM BOBBER HAVE STOLE HALF OF WHAT NIGERIA 🇳🇬 LEADERS HAVE CONNERD FOR THEMSELVES AND THROW A WHOLE STATE IN POVERTY AND LARK.I SEE ALL NIGERIA 🇳🇬 LEADERS AS THIEVES HATE ME OR LIKE ME TRUTH IS BITTER NO SAINT IN NIGERIA LEADERSHIP

The headline is misleading. He said Oyetola took 18bn and moved the total debt of the state to 407bn. Sahara reporters sha

Report to EFCC ASAP nah

If Federal took several loans to service capital expenditures and national project, then there is likelihood that state government may follow suit.osun people voted u in power to mode plans that enable osun state finance capital projects from internally generated revenues.

Wow wow so those that mean that Osun people will not see development for the next 28 years? Nigeria politicians will always have something to say why they didn't perform well or why they won't be able to perform well.

LET HIM VOMIT THE MONEY, SIMPLE. SELL ALL HIS PROPERTIES AND TAKE ALL THE MOMEY IN HIS BANK ACCOUNT

But Oyetola had earlier lied that he never took any loan.

I don't don't understand why you people are challenging the Governor! Didn't you read the former Governor's (Oyetola) farewell speech; claiming he didn't borrow N1 throughout his administration? Adeleke just needs to clearly made the people of Osun State know this.

Ose e e e, it's longer business as usual.

Sue him to court

FG dey owe China,Osun dey owe who? Borrow money to improve the economy is the idea,but the reality is that they are improving their Bank accounts.

It is mathematically impossible sir,Mr new governor

I'd conclude that a lot of Nigerians do not understand financial analysis. A governor is informing you his predecessor took an unaccountable loan og 407B,and you're telling him to be quiet, what did they do with the money? Nigerians love poverty I can see.

loll ade the dancer has no common sense to do anything...bet it...Oyetola would be a lot better

officialABAT must have taken about 100B of this money. This criminality must also stop in Lagos and Ogun states

This is really funny and unbelievable cus how would Osun state be owing that kind of money?.

Too bad an APC government.

Oyetola didn’t borrow any money and he paid salary as when due

Conduct another election, Oyetola will still be close to winning. Someone that was paid half salary will still vote Oyetola

Just imagine only one person 407b if you check this man now he may have only two children..

This is not journalism. Shame on SR

They need to make this a law,no loan should be granted after elections or few months before elections until the next tenure ..and they need to be prosecuted and money returned..

2 million naira loan u go speak British English taya,407billion loan he will construct 2 Roads and u people will congratulate him he did well. fish

Who dey loan am

APC is Wicked Nd evil

APC and loan are like 5n6

Ademola thought he is coming to for owanbe, sorry o

Oyetola met the loans when he took over, his administration never secure loan, but rather continue with the loan repayment schedule

Take yours as well! Y’all know public debt is one of the major source of fund for the Govt

Very good let’s expose these thieves

If this is true. Osun state government should just give Oyetola and his cabinet enough land to farm. So that they can repay the debts

I love that acction our governou

Una don start. Aluwala ologbo 🤣🤣🤣🤣🤣

Efcc collect our money from oyetola for us. We can't wait for 28 years to balance the state WeCantContinueLikeThis

Osun debt profile: Oyetola never took any bank facility for four years -aide ...challenges Adeleke to publish details of Osun debts with procurement dates Media aide to the immediate past Osun Governor, Adegboyega Oyetola, Ismail Omipidan, has disclosed for the umpteenth

They've started, blame game

StatiSense have the record adeleke face your governance

Omojuwa you see that you need your HEAD checked...

What I know about Nigerian politician is. The present govt won’t talk about the good part of the past govt. their will always bring things to say against if Adeleke was the past govt too oyetola will be doing the same thing now.. imagine 407billion

Sheer wickedness!

The annoying part is people ain't taking this serious... this is wickedness of the highest order .. we need improvement on human management

28yrs of famine and poverty!

Naso den Dey do…den go spoil state for the next party coming in as winner🌚🙄🙄

Oyetola and his entire family should be arrested up till his next generation. This people are wicked

Is part of Tinubu campaign fund. Are you surprised?

APC can lie More than the devil. Oyetola said he is not borrowing. Imole ti de, Now the Truth is out.

What did he want to do with the money

🤯 ? GboyegaOyetola

Nonsense. Start working and leave complain. You wants to be Governor, bring up new ideas to generate funds.

fila gogoro 😅

Adeleke d' dancer no knw before?

In four years, Oyetola managed to do nothing in Osun, and yet he borrowed money like he wants to build Fourth Mainland Bridge, 50 major highways, and many other infrastructures for Osun. He owed pensioners and civil servants. Onye ori

Arrest him and jail him osunstate AriseTV saharaReporters

We need a serious legislation on loan issues from states. No loan tenure should be more than 4 years. A Gov should do what he can and leave. Many states governors are struggling because they inherited bad loans.

No wonder he claimed he left N12B for Osun State while leaving office. Meanwhile guy took a loan of N407B and will take 28yrs to repay. Who is he trying to fool? Peter Obi effect. 98% of these politicians cant match Peter Obi.

Amodacinlyn' DNA and corruption are intertwined.

Will the state house of assembly approve that in the corner 🤣🤣🤣

One twitter economist said debt is a measure of performance...smh!

I won't be surprised if he did more damage when he realised he didn't have additional 4 years. News keeps flying he had been buying properties here and there after the defeat. Politics for themselves and families. Olorun maa da ęjo fun gbogbo yin tirantiran. Wicked souls

How many centuries will it take Nigeria government to pay the loan Buhari took then 🤔

Hope this won't end up like NP and Dbanj

Capital lie

APC is the worst thing that will ever happen to any state or country

You can take the one that will take another 25 years to repay. I wonder the useless bank that is granting the loan to you guys. Nigeria is dead.

The Governor is pretty nice to his people. The Gov of Benue state in 7 years took over 400 billion loan with no single infrastructural dev. To worsen the situation, he is owing pensioners over 86 months. LG workers 13 months. State workers 7 months. Osun be proud of ur ex-Gov.

Go after everyone of them in government

OfficialAPCNg yeye

Lol, how Dem won take settle dis one now

Awon people yi

Arrest the crook, debt is all they know.

You have started your excuses, you don't know that before you enter the game? You too can go for loan but, don't take loan at detriment of Osun people o.🤣🤣🤣🤣

“Osun Debt Profile Total debt: 331bn Salary and Pension owed: 76Bn Total: 407bn” Governor Ademola Adeleke

This Ademola Adeleke is a liar. Where's the evidence of the loan Oyetola took? GboyegaOyetola you need to defend yourself.

Na one man them.still dey give the money .

But Senator Bola Hammed Tinubu said Oyetola was richer than Osun State, shortly before 2018 election. What happened?

Like his cousin brother in Lagos,he has milked Osun state dry

If Nigerians continue this way they may not be Nigeria comes 2023

If U at looking for where he took the money to, it's part of what Baba is using for campaigns now. If u think I'm lying, let's see how he'll be probed.

Wait oooooooooooo, was it not the same man whom supporters said he has never borrowed money to run Govt. Abi na me not been read em well.

Tell INEC TO MODIFY THEIR BVAS DATA BASE TO PICK GPS, REALTIME, FINGER PRINT AND FACIAL PICTURE OF A VOTER THE TIME he/she casts his/her vote as this will go along way to check APC AND PDP RIGGING STRATEGIES.

WTF did he do with the money? Why was he still owing state government workers over 70 billion naira? He needs to be arrested and jailed. That was too much for a single administration.

This is an insult to Davido

This is wickedness at the highest level, he deserves to be probed

how much is Osun state budget🤣🤣

Keep paying.

Na to sell the state

How much more he won this last one? W!cked form of people, same OfficialAPCNg government doing so much ev!l at the president level too. Pls AAdeleke_01 be kind and affectionate

Atiku is not a unifier,He is a liar,a propagandist,a hypocrite,a corrupt & a greedy politician.Just imagine,a Hausa Fulani Muslim will be finishing 8years as President & another Hausa Fulani Muslim wants to take over for another 8 years?Where is the Unity? Atiku is out❌ RETWEET

Remember when Atiku always talk 'privatization ', ATIKU IS A CROOK WHO WANTS TO SELL EVERYTHING NIGERIAN MONEY MAKING AGENCY TO HIMSELF AND HIS TREACHEROUS FRAUDULENT FRIENDS AND ASSOCIATES. BE WARNED NIGERIANS!!!

407billion haaa Oyetola!!! 🫣

ATIKU BETRAYED AND WAS DISLOYAL TO OBASANJO AND JONATHAN, BUT NOW ATIKU IS SENDING EMISSARIES TO BEG OBJ & GEJ AND TO APOLOGIZE FOR HIS FOOLERY AND HIS TREACHEROUS BEHAVIOR. ATIKU IS A LIAR WITH HIDDEN AGENDA,HE CAN NEVER BE TRUSTED, NIGERIANS BE WARNED !! Retweet !!!

He has started going through the files 🤣

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BREAKING: Oyetola took N18bn loan after losing election - AdelekeThe Osun State Governor, Ademola Adeleke, has disclosed that his predecessor, Gboyega Oyetola, took N18 billion loan after he lost the July 16th, 2022 Osun governorship election. The man must be sold to slavery for life with hard labor so as to recover the 1% of the money In the case, the giver of the loan and the taker are both guilty. 1. Why would a bank hurriedly give loan to a government that already lost re-election? 2. Is it possible for a governor to loan without approval of the state house of assembly? officialEFCC and icpcnigeria will not see this. They (especially officialEFCC) will rather go after Yahoo boys but leave Politicians to be enjoying their looted money. officialEFCC and icpcnigeria should swing into action. What use was the loan taken by Oyetola.
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