The debt profile of the State of Osun released by the National Bureau of Statistics (NBS) has vindicated the State Government of Osun’s position on how much is owed and paid on blatant lies and blackmail of the opposition who were arbitrary and unreasonable in vomiting irresponsible figures with a view to maligning the government.
According to the state Commissioner for Information, Adelani Baderinwa the NBS in a release on the debt profile of the state has vindicated the government’ position that the figures were been orchestrated to tarnish its image.
“The National Bureau of Statistics has put both the internal and external loans, bound and other credit line obtained by the State Government to N179bn, as against the wanton figure of N600bn at a time, N450billion at another and N400billion as found suitable by the bound of hopeless opposition.
“The State government wishes to note that the totality of N179bn includes all loans and all other debt instruments obtained by all administrations that have ruled the state since its creation and those inherited from the old Oyo state.
“Even with the NBS’s N179bn debt figure, the government wishes to note that the loan is still within its capacity to access and pay back in a normal economic situation and government has indeed been servicing its debts without public knowledge before the Peoples Democratic Party induced economic recession.
“May we note that with the new look that the state is carrying today in terms of infrastructure and socio-economic development by which many accolades had been poured on the government of the State of Osun led by Ogbeni Rauf Aregbesola at national and international levels, and the facts that many of its projects have been copied at national and international levels, commendation is what should be showered on the government by the people as they often do.
“Government call on all lazy and willful opposition to stop their destructive tendencies and be responsible in carrying out their democratic rights in manners that will help the state to grow further and not the pull him down syndrome they have consistently engaged in. Damaging the image of the state is not what opposition is about, but pointing out errors made by government and offer viable alternative solution for the good of all as at when due.
