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Osun Debt File: The State Assembly forms a committee to investigate discrepancies

Complementing previous instructions to the Osun State Assembly that government agencies should immediately provide them with updated details of state debts, the assembly on Wednesday set up a committee to look into the debt file.

House Speaker, Osun, Timothy Oye in plenary session has commissioned an ad hoc committee of 10 to urgently conduct a thorough investigation into the country’s delicate debt profile.

Oye in a statement issued by his media aide, Kunle Alabe, stated that the figure represented by the House of Representatives was different from what was put forward by the executive arm of the government.

According to the statement, “The committee includes the Chairman of the Board, the Chairman of the House Committee on Public Accounts and the Chairman of the Finance and Appropriations Committee, and Gbenga Ogunkanmi and Adebayo Olodo respectively as co-chairs.

“The other members of the committee are the minority leader, Kofo Adeunmi, Tunde Olatunji, Michael Adetoye, Babatunde Iberugba, Latif Adebisi, Babatunde Komolavi, Adiru Abevi, the writer, and Simon Amusan as secretary.”

The Speaker of Parliament indicated during the inauguration of the committee that the situation, if not handled carefully, may affect investors and people who wish to deal with the state.

Relying on Articles 128 and 129, the Speaker said, “For the purposes of any investigation under Article 128 of this Constitution and subject to its provisions, the House of Representatives or a committee appointed in accordance with Article 103 of this Constitution shall have power to.

“(a) To obtain all such evidence, written or oral, direct or circumstantial, as it considers necessary or desirable, and to examine as witnesses all persons whose testimony may be material or relevant;

The speaker stressed that “the only institution that can clear the air in this matter is the House of Representatives, and the government is continuing, and this practice will be transparent, and for this reason we have chosen the minority leader in the committee.”

Remember that on Friday, December 16, 2022, the Osun State Assembly expressed concerns about the reactions that followed the announcement of the debt file by the state governor, Senator Ademola Adeleke.

In a statement by Kunle Akande, Chairman of the House Committee on Information and Publicity, the House of Representatives indicated that as the authorized representatives of the people, it is their duty to seek clarifications and inform the people of the state accordingly.

The House statement was a reaction to an announcement the previous day by the Osun State Governor, Ademola Adeleke, before the Osun State Council of Traditional Rulers, that the state owed N407.32 billion, which had been left behind by the previous administration of Adegboyega Oyetola.

Osun Debt File: The State Assembly forms a committee to investigate discrepancies

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