Osun state debt is nothing compared to my achievements - Aregbesola

Osun state debt is nothing compared to my achievements - Aregbesola

- Rauf Aregbesola, governor of Osun state, says the state’s debt burden is merely exaggerated

- The governor said the debt cannot be compared to what his government has done in the state

- He made the comment while declaring open a one day seminar organised for information officers in the state

Osun state governor, Ogbeni Rauf Aregbesola has dimissed his critics over the state's debt burden.

Osun state debt is nothing compared to my achievements - Aregbesola
Governor Aregbesola says he has achieved more compared to Osun state debts

Aregbesola stated that Osun state's debt burden is exaggerated, adding that it cannot be compared to what his government has achieved.

The governor made the declaration while declaring open a one day seminar organised for information officers in the state.

According to a statement by the bureau of communication and strategy, office of the governor, seen by Legit.ng, Aregbesola said if those spreading the rumour of huge debt by the state understand what governance is all about with little that God has done through his government in the state, they would know that the debt is nothing to write home about.

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His words: “To analyse this alleged 165billion debt, Osun is made up of 4million people. Four million residents are here in Osun and this debt anyway has been transformed largely to a bond organised by federal government that would last for twenty years.

“Let us now divide N165billion by 4 million people for 20 years. To help you mathematically. This will give N2,031.25 as cost of N165billion debt to every resident of Osun per annum.

“Ironically, this debt that people are shouting and crying about summed up to N5:56K per person daily. This practically means that every Osun resident carries a burden of N5:56K per day.

“This government we are talking about that puts burden of N5:56K to every citizen of the state, thus feeds every pupil in the public school with N70 every school day.

“That government guarantees security for every citizen and the cost for security can not be determined. That government ensures that roads are increasingly getting better.

“That government provides access to rural areas. That government ensures that Osun school functions at the best form. That government guarantees water supply.

“That government guarantees sanitation. That government guarantees so much. That in practical economic terms, is far beyond what individual must have to give on a daily basis.”

The governor had been subjected to criticisms over the state's mounting debt profile.

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Meanwhile, Osun state is set to dominate the supply of beef to larger markets in Oyo, Lagos and other parts of the south west of Nigeria.

This was revealed during a tour of Oloba Farm Settlement, Iwo where 1,500 hectares of land has been acquired, and a 78 hectares cattle ranch established for the fattening of cattles and goats.

Source: Legit.ng

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