Osun State Governor, Mr. Rauf Aregbesola, says Osun State received only N55m from the Federation Account for the month of September, 2015. He said the money could not even settle the electricity bill of the government secretariat. The governor said the development was evidence that Nigeria was experiencing an economic meltdown.

He, therefore, called on residents of the state to return to agriculture as oil could no longer sustain the nation’s economy. The governor said this during the inauguration of the new Ife/Orile-Owu 33KV feeder line at Orile-Owu in Ayedaade Local Government Area of the state, according to a statement on Sunday.

The governor said that apart from the price issue, crude oil was no longer selling as fast as it used to, adding that Nigeria must seek other sources of revenue.

He said, “We must at this point tell ourselves the truth; there is no money coming from the Federation Account, 34 million barrels of Nigeria’s crude oil are on the sea without buyers.“Money coming from the Federation Account has reduced seriously and our hope of survival is in our hands, what our forefathers lived on was agriculture.

“We must now go back to the farms and work. We also need to pay our taxes so that the government can meet its responsibilities. For September, our state got N55.8 million. The money we received cannot pay for the power supply by IBEDC that we use at the state secretariat monthly.

“I want to use this opportunity to admonish us to return to the farms, what we used to rely on as a country and state is no longer there. Oil prices have now dropped seriously, even at about $41 per barrel from a price of over$ 100; Nigeria still cannot sell her oil in the international market.”The governor said his administration recently gave hectares of land to the International Institute of Tropical Agriculture for farming and with the electrification of Orile-Owu and other farm settlements, there would be a boost in agriculture around these areas. He urged the people of the state to pay their taxes to the government to discharge its duties.

However, the Peoples Democratic Party said the receipt of a paltryN55m by Osun State as the allocation from the Federation Account for the month of September was a confirmation that the state was highly indebted.

The spokesperson for the PDP in Osun State, Mr. Diran Odeyemi, who said this in a statement on Sunday, stated that the allocation remained N55m after deductions of over N1bn to service its debts were made from the source.

The PDP stated that the people of the state should know why Osun State got a paltry N55m while those in the same category with it got about N2bn.

The statement read, “We have been saying it long before now that Osun State has been slaughtered and eaten up by a gluttonous administration that has been in power in the last five years. The gimmick early this year was ‘Jonathan didn’t give Osun money’ but now, that cannot sell again, hence the confession.

“Before the confession by Ogbeni Aregbesola, three Nigerian newspapers on Friday, November 20, published an allocation table and Osun got N55m, after all deductions, and came last. The next state to Osun among the least earners got N1.5bn.

“What other signs do we need to see that Osun has completely fallen into a recession? But the people of Osun deserve to know from their leader how the state got into this quagmire. This leads us to the question of how much Osun owes. Mr. Governor said the state owes N88bn. But we insist the amount is far more than this.”The party warned the governor against slamming high taxes on the people of the state, adding that the administration had already impoverished the people with its policies.

In a separate statement, the Civil Society Coalition for the Emancipation of Osun State also said that Aregbesola’s administration had no right to collect any taxes from the people ofthe state because of its failure to comply with the sections of the constitution which stipulates conditions for the collection of taxes.

The chairman of the group, Mr. Sulaiman Adeniyi, said this in a statement made available to our correspondent on Sunday.

He said the policies of the government had led to the total collapse of the economy of the state and accused the administration of massive corruption and failure to perform its duties to the people.

http://dailyindependentnig.com/2015/11/30/osuns-federal-allocation-cant-pay-electricity-bill-aregbesola/

Oh my.... the state is really in deep mess. 55m left after deduction of debt? How will your your electricity bill be more than 55m? Are you running an industrial plant? Even plants that rake in billions in revenue don't have such outrageous bills, talk more of a liability like the secretariat, what is its contribution to the state?

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Anyway sha LadyF has spoken

Aregbesola why na? Why you they give wailers chance to insult you? Nawa to you o

Endtime Aregbesola, Endtime Osun state; Endtime poverty ;

Ole barawo banza. All the ones you have been receiving since you bece governor, what did you use it for? And you have the effrontery to tell Osun people to go into agriculture without putting anything in place. This guy is surely an endtime governor.

Endtime dullard

op, has he paid workers yet?

End time government

The change merchants...

Aregberascal after using money do opon imo and the tallest unmovable talking drum. A failed state and Government

Oga stop complaining.... Who will go into the agriculture for u.?
So if people farm and sale there goods they will dash government the money?
.. U as a Governor can allocate 200000 hecters for government farm
.. with ur university agricultural faculty.. . U can plant say banana there.... One hecter can take 2000 banana tress... Multiple by 200000 that 400. Million banana trees... Say 300 million fruit after max 2 years
If u sale one bunch at the export market for $10 oga that will give u $3bn dollars
U can settle all ur doubt and improve ur state



... . Think Nigerian leaders think

Wait!!! I could spend 55m in one day naa....this is serious me ave left 9ga for good!!! See u in ten years time when your COCOA starts yielding

Unfortunately what Mr. Aregbesola said is true but what they should help us ask Oga Aregbese is what did he use the billions he borrowed with because the loans repayment weaken Osun Allocation by over one billion every month. Argebese pls answer us

hahn:
op, has he paid workers yet?

for where? Pensioners and state workers owing like 4months with some part payments debts.

Osun State allocation is quite low for now, true. But then, all the LG allocation gets eaten by the state since they failed to conduct LG elections.

then resign...!d!at

Over indebtedness has killed Osun state. Why the shout since he was the one that plunged the state into chronic debts.

Height of mismanagement by Aregbesola.

It is ridiculous for him to blame FAAC allocation, when he should be taking responsibility for his fiscal policy decisions in plunging the state into huge debt with very little IGR.

idiot, if to say Jonathan win the last general election, the goat for no know these things o. Thank God, e go touch all of them one by one.

Some ppl still support this failed governor, i tire for some ppl.

This is the state once acclaimed to be richer than the whole 5 south east states put together;what a life.

I think its past the time for complaints..our trajectory is clear When you find out you're in 1984, you dont complain..You plan To survive

micronut:
for where? Pensioners and state workers owing like 4months with some part payments debts.

Aint that a beech

The worst Governor in the whole of Nigeria.

I feel for Aregbese 1 of Nigeria this days, like if its another person on that government seat in osun, he can't do more than this.

just pray things get better in this country.

Ok now aregbe

What will be be unfolding in Osun in a week will shock the world...possible anarchy!

ladyF:
Oh my.... the state is really in deep mess. 55m left after deduction of debt? How will your your electricity bill be more than 55m? Are you running an industrial plant? Even plants that rake in billions in revenue don't have such outrageous bills, talk more of a liability like the secretariat, what is its contribution to the state?

Run to forum games section and play with your fellow kids there.
Every topic is not for you.

Lol...

Mr. Aregbesola good morning Sir.. Na nw u wake shey?

Imagine what a governor is saying without shame.. Some men no get shame oo.. Is Osun state the only state in Nigeria?

This man shud just shut up and resign and spare us this embarrassing sermon.. Change agent.



Meanwhile, visit this thread for sales and installation of wallpapers, 3D panels etc..

www.nairaland.com/2740519/meriekriss-intl-services-sales-installations

I thought this man said it was GEJ that reduced his state allocation and that's why he can pay salaries.

Little by little, the truth is coming out. All those indigenes of Osun who saw light and voted for darkness, continue.

Aregbesola this man really has mind ooo has he finished paying his people's salary before coming out to make noise.