Osun State Financial Crisis Beyond my Control – Govenor Aregbesola.

Gov.Aregbesola 

Osun State Governor, Ogbeni Rauf Aregbesola has affirmed that the ongoing financial crisis in the state was beyond his control.

The governor has been facing public criticism over his inability to pay civil servants in the state for months.

Aregbesola stated this while speaking with State House correspondents after meeting with President 

Muhammadu Buhari behind closed-doors at the Defence House in Abuja on Friday.

“I led an administration in receipt of regular allocation in which I do my budget.

“Unfortunately, this allocation started falling in rapid form that totally disorganised my budget and any other arrangement.”

Aregbesola said those who want to be objective would readily admit that the Osun State of November 2010 when he assumed office and Osun of today are not the same.

The governor further explained that with the unexpected and sharp decline in revenue, his administration had a dislocation.

The result of that dislocation, he explained, is the sad experience.

The governor added, “Were it to be Osun alone, probably I would not have an excuse.

“I pray it does not continue. I am not sure if there will be any state that will actually escape from the biting effect of the absolute sharp drop which I call economic disaster that we are grappling with.

“Since my inauguration on November 27, 2010, I had made it a duty to pay salary on or before 25th of every month up until January 2014 when that became practically impossible.

“I have been giving the same staff who today are, regrettably and painfully, not being paid annual bonus that we call 13th month salary. There was no demand for it. I just felt that workers must be encouraged, they must be inspired.

“I did that religiously and faithfully from 2010 to 2013. The development that led to this began precisely in July when we received the June allocation and it was short by 40 percent.

"Since then, what we have been receiving from the Federation Account is less than the wages, personnel cost. It is far and not mildly less.”

The governor went on to explain that the situation was even compounded because his government was unable to go to bank to borrow to pay the wages commitment.

Assuring, however, that with the efforts he was putting in place, there would be hope by month the end of this month, he said, “It is a sad development. I am struggling to reduce the pain as much as possible and I am almost at the end of the efforts I am making to ensure that by the end of this month,

I will have enough to at least meet to a large extent the salary needs of the workers”.