Governor Adeleke Addresses Fake News on N8B LAUTECH Refund: Osun Government Sets the Record Straight

Governor Adeleke Addresses Fake News on N8B LAUTECH Refund: Osun Government Sets the Record Straight

  • The Osun State Government broke its silence on the allegation that Governor Adeleke received Eight Billion Naira (N8B) refund from the Oyo State Government as part of the LAUTECH settlement
  • According to the Spokesperson of Governor Adeleke, Mallam Olawale Rasheed, the previous administration under Governor Oyetola received over N3 billion naira
  • The statement said that the Adeleke administration has received only Five Hundred Million Naira (N500M) on the LAUTECH refund since November 2022

The Osun State Government has clarified that Governor Ademola Adeleke did not receive an Eight Billion Naira (N8B) refund from the Oyo State Government as part of the LAUTECH settlement.

According to the Spokesperson of Governor Adeleke, Mallam Olawale Rasheed, the previous administration under Governor Oyetola received Three Billion, Five Hundred Million Naira (N3.5B) and spent nearly Two Billion Naira (N2B) from this fund before leaving office.

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Osun Government sets the record straight
Osun Government sets the record straight. Photo credit: X/OsunStateGovernment/GboyegaOyetola
Source: Twitter

In a statement, he said:

“Contrary to the fake news, the Oyetola administration actually got a payment of Three Billion, Five Hundred Million from the Oyo state government as part of the LAUTECH settlement payment before leaving office.
“To put it more directly, the sum of Three Billion, Five Hundred Million Naira (N3,500,000,000) came in during the period of the last dispensation. The credit balance stood at One Billion, Five Hundred and Sixty Two Million, Four Hundred and Forty Thousand, and Four Hundred and Thirty Six Naira (N1,562,440,436.80) as at November 30th, 2022. It therefore means that the sum of N1,937,559,563.20 was expended during the last administration.”

Clarification on LAUTECH refund

He said that as of November 2022, the Adeleke administration had received only Five Hundred Million Naira (N500M) on the LAUTECH refund.

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When combined with the N3.5B paid during the Oyetola administration, a total of Four Billion Naira (N4B) has been received from the Oyo State Government by the Osun State Government.

The Osun State Government, under Governor Adeleke, emphasizes its commitment to transparency, accountability, and anti-corruption practices in managing state resources.

See the statement below:

Adeleke breaks silence on supreme court verdict

Meanwhile, Legit.ng earlier reported that Governor Ademola Adeleke of Osun State has commended the decision of the Supreme Court that upheld his victory at the July 2022 governorship election in the state.

The apex court on Tuesday, May 9, affirmed the victory of the governor against the All Progressives Congress (APC) and its candidate in the election, Gboyega Oyetola.

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Source: Legit.ng

Authors:
Basit Jamiu avatar

Basit Jamiu (Editor) Basit Jamiu is a journalist with more than five years of experience. He is a current affairs and politics editor at Legit.ng. He holds a bachelor's degree from Ekiti State University (2018). Basit previously worked as a staff writer at Ikeja Bird (2022), Associate Editor at Prime Progress (2022), and Staff Writer at The Movee (2018). He is a 2024 Open Climate Fellow (West Africa), 2023 MTN Media Fellow, OCRP Fellow at ICIR, and Accountability Fellow at CJID. Email: basit.jamiu@corp.legit.ng.