On July 24, 2015, Mr. Olusegun Akinwusi,
former Head of Service of Osun state
delivered a speech to the Osun Stakeholders
Summit at Aquarium Event Center, Parakin, Ile-
Ife. In his speech, he had come up with the
details of how much has accrued to the State of
Osun since the Governor Rauf Adesoji
Aregbesola assumed office in November 2010.
In that speech, Mr. Akinwusi had contended
that Governor Aregbesola is “lying” to the
people of Osun state in regard to the income
from the Federal Allocation and other sources
of income to the state. He posited that
Governor Aregbesola has been and is still
taking the people of Osun for a ride by
misinforming the Osun State House of Assembly
(OSHA) about the true state of the people’s
commonwealth.
Governor Aregbesola has been in the news in
recent times, mostly because of his
mismanagement of the resources of Osun
State. His popularity has turned to notoriety. He
has become a reviled figure among the
generality of the people of the state except
among a handful of his hardcore supporters. He
has been so pummeled that at times one would
have to pity him. But in a matter that is of life
and death to the people of the state, where the
present is mortgaged and the future is under
the threat of being foreclosed, there would be
no relent until the needful is done and on time.
Mr. Akinwusi is not a persona non grata in Osun
State. Yes, he is not a “nobody” in the State of
Osun. As a former Head of Service, he has paid
his dues. He could not be described as a
frivolous person. He could not be dismissed as
an unserious mind. No matter how this is rolled
or diced, he is a legitimate stakeholder in Osun
State having put his skills and talent in the
service of that state all of his life. So, he, just
like every other citizen, has a legitimate reason
to be concerned if he feels that there is
existential threat to Osun State.
Akinwusi in his speech had written inter alia:
“Recently, our governor addressed the state
House of Assembly on the position of the
economy of our state. NOT only that the figures
given were bogus, but they were criminally
deceitful. This government came on board in
November, 2010; I will therefore give details of
the income and expenditure as available on-
line, especially from the Federation Account
compared with what was presented to our state
representatives.

None

I blame over 2millions Osunites who don't know and do not want to know about money coming.

None of them z telling d truth and none of them is lying ... Paradox of politics

T o substantiate his claim that Governor Aregbesola is a “liar” who has been deceiving the people of the state about the true income from the Federal Allocation, he presented the following figures to contrast what Ogbeni Aregbesola presented to the people through their “representative” in the OSHA as follows: YEAR MONTH ALLOCA AMOUNT 2010 November N3,359 December N2,643 Total = N6,003,102,896 bn 2011 January N2,696, February N2,645,955,515 March N2,777,616,46 April N2,885,614,779 May N3,805,132,254 June N6,642,100,744 July N3,968,379,222 August N3,875,166,54 September N4,536,205,850 October N6,151,023,296 November N3,805,409,418 December N4,396,762,996 Total= Approx N48.2bn Against a sum of N29.9bn the governor declared to Osun State House of Assembly (OSHA). 2012 MONTH ALLOCA AMOUNT January N3,894,581,054 February N4,842,019,095 March N3,921,855,981 April N3,614,243,600 May N3,618, June N3,446,176,188 July N4,451,689,936 August N3,473,346,27 September N2,678,278,414 October N4,133,057,528 November N5,610,314,299 December N4,114,871,121 Total Approx N47.8bn The governor declared a sum of N31.6bn. 2013 MONTH ALLOCA AMOUNT January N3,291,209,812 February N5,064,089,701 March N4,204,314,757 April N4,294,238,309 May N4,063,536,687 June N4,353,931,533 July N3,271,484,073 August N3,637,472,91 September N2,955,122,740 October N3,479,416,049 November N3,348,427,615 December N2,694,382,073 Total Approx N44.7bn A sum of N26.4bn was declared by the governor to Osun State House of Assembly. 2014 MONTH ALLOCA AMOUNT January N3,050,792,396 February N3,014,708,843 March N3,019,480,006 April N2,838,749,560 May N4,131,453,072 June N3,557,937,064 July N3,557,937,063 August N3,047,503,61 September Nil October N2,773,853,335 November N2,778,332,759 December N2,479,474,912 Total Approx N36.7bn
Although there was a missing record of one (1) month, we still had on the strength of the eleven (11) months – N36.7bn, while the governor declared only N19.3bn for the whole year. By the conclusion of the governor we received only N108.3bn in all excluding our IGR, as against a total sum of N183.4bn excluding one (1) month in the period under review. Given the above figures, there is a difference of 75.1 billion naira that has disappeared into thin air! Ogbeni Aregbesola has an explanation to make to the people of Osun State. He has to tell us where the money has gone and why he has decided to manipulate the figures. If he thinks Mr. Akinwusi is lying to the people of Osun, then he needs to come out and say so with his own proof and allow the people to judge. 75.1 billion naira is a lot of money to a state like Osun. It may not be anything to Lagos State where Aregbesola came from as a commissioner for works under Bola Tinubu. We may not be rich in Osun, but we are not fools. We may overlook mistakes but we would not tolerate the destruction of the state. We would not accept criminal activities in the governance of Osun state. Aregbesola must come out to tell us what happened to the difference and where that difference is! After providing the above figures to proof that Ogbeni Aregbesola has been deceiving the people of the state, Mr. Akinwusi then addressed the issue of worker’s population strength and their bill to be paid by the state. He contended as follows: “The gimmick of salaries of workers is fraught with many manipulations of figures as usual. The total staff strength of our workforce is below twenty-one (21,000). This is because over 1/3 of the workforce voluntarily retired in December, 2012. From grapevine, it is being speculated that since civil servants are no longer allowed to do their statutory duties, i.e preparation of salaries, a number of fictitious names had found their way into the payroll of government, even people that have never been to Osun State. The figure of N3.6bn as salaries is spurious and over inflated, I challenge anyone that the best the salary bill could be cannot be more than N2.2bn.”

So, where did Ogbeni Aregbesola get his bill of
3.6 billion as being the salary of workers in
Osun state? It is very important that in the
interest of transparency and fairness to the
people of Osun State, Ogbeni Aregbesola must
come out with the number of the present
number of employees on the payroll of the
State, ministry by ministry, parastatal by
parastatal, department by department and how
much their wages is costing the state. He could
not just keep silent over this matter. He has to
speak out.
Mr. Akinwusi then dwelled on the Internally
Generated Revenue (IGR) and other sources of
income in Osun State as follows:
More importantly, besides the regular monthly
allocation from the federation account, the
followings also accrued to government coffers:-
(i) ECA - N61.7bn
(ii) IGR - N43.6n
(iii) SURE-P- N14.4bn
(iv) SUBEB- N13.9bn
There are other interventionist programmes
including UNICEF, Multinational donations and
MDG releases etc.”
N25 billion to service a debt of N11 billion?
One of the most disturbing revelations by Mr.
Akinwusi in that speech is that of the loan from
the Islamic Bank called SUKUK. The loan is
supposed to be interest free to the state
according to Ogbeni Aregbesola. Mr. Akinwusi is
now contending that this is not the case. He is
insisting that Osun state would have to pay
N25.5billion to service a loan of N11.1 billion! I
would like to disbelieve Mr. Akinwusi. His claim
is too grave to be true. To this end, the people
of Osun would like Ogbeni Aregbesola to come
out and make the facts of this case known to
the public. Is Mr. Akinwusi lying or telling the
truth?
Also of concern are loans allegedly procured by
Ogbeni Aregbesola with “a moratorium of 5-6
years.” This would mean that the loans would
be due for repayment after 2020 and beyond
when Aregbesola would no longer be in office
as governor of Osun state. We are not sure if
these claims are ture. But if Ogbeni Aregbesola
fails to come out to contend this statements
with verifiable facts, then he would be due for
stoning publicly. Initially we were speaking of
mortgaging the future, now it appears that the
future of Osun state and her unborn children
have been foreclosed!
As to how the rules, laws and norms of
governance were and are still being violated by
Ogbeni Aregbesola, Mr. Akinwusi contended as
follows:
“The issue of our debilitating debt profile
honestly contradicts the quantum of resources
that had flown into the government coffers,
when viewed against the background of the
various allocations to the state and local
governments. Today, the entire allocations for
the two (2) tiers of governments are solely
controlled by the governor. Local government
funds do not get to them, most are disbursed by
the governor, while the so called Executives
Secretaries merely endorse resolutions
prepared for them to regularize the illegalities.
No records, both at the state and local
government levels about the disbursement of
our releases for SURE-P and ECA funds.
Let us ask the where about of N17.5bn
borrowed for the dualisation of Osogbo to Ila-
Odo, as corroborated by the Bank for
infrastructure to date. These items like many
others were replicated in the N60bn bond, yet
all these projects have been abandoned; it on
record that N9.7bn would be expended on the
phony urban renewal project, all to date
moribund. The Ido-Osun Airport project is
another nagging matter, for which billions have
been expended so far, and deceitful statements
made about its completion in the media.
The state government has no budget, this is
because there is no adherence to the rules and
norms of budget cycle. Contrary to the norm,
there is nothing like Treasury Board for the
preparation of this all important policy
document, instead a kangaroo – meeting called
bilateral talk is in vogue since the inception of
the administration. That is why we spend over
60% in excess of our actual
revenue. For example in 2011 a sum of N102bn
was budgeted, increased to N146bn in 2012, to
N235bn for 2013 and 2014 and N201bn for
2015.
These figures were without recourse to budget
performances in the previous years. The
monthly FAC composed of eight ( principal
officers of government has been cancelled;
therefore only the governor and his
commissioner for Finance know the income and
expenditure of government and thus our total
debt profile. Not even the Accountant General
or Permanent Secretary Finance
have an inkling of this crucial functions of
government.”
Ogbeni Aregbesola has to come out and
respond to this. He could not afford to be silent
on all these grave allegations. He has to
understand that the Osun people would not
keep quiet until they get answers to these
allegations. N o amount of blackmail,
intimidation or harassment would silent the
people of Osun over these alleged criminal acts
under his auspices. The people of Osun are
waiting to hear Aregbesola’s explanations.
Nigerian are watching and waiting too!
“In the long history of the world, only a few
generations have been granted the role of
defending freedom in its hour of maximum
danger. I do not shrink from this responsibility –
I welcome it.”
- John F. Kennedy, in his Inaugural Address
January 20, 1961
Please, follow me on twitter @OyeyemiRemi
Source: saharareporters.com/2015/08/03/aregbesola-vs-akinwusi-who-telling-truth-remi-oyeyemi

Time will tell

were iz introvert I hv a confession 2 make

This aregbe is destroying PMB's anti corruption outlook. Cos we know he's so corrupt but buhari won't hang him

With time the truth will be revealed

Aregbe is a failure and serial liar