Osun earned N204bn in four years –Aregbesola
The Osun State Governor, Mr. Rauf Aregbesola, said on Tuesday that the state earned N204bn from the federation account, internally generated revenues and other accruals from Abuja between 2010 and 2014.
The governor gave this explanation in his speech when he inaugurated the sixth assembly in the state.
Aregbesola spoke just as Mr. Najeem Salaam was returned as the Speaker of the House of Assembly for the second term.
The governor, who was obviously reacting to allegations of financial recklessness levelled against his administration by the Social Democratic Party in the state, denied exposing the state to a financial crisis.
While promising that things would soon get better, the governor traced the genesis of the financial crisis in the state to 2012 when salaries increased drastically as a result of hike in wages.