Osun lawmakers clash over state's 'rising' debts, World Bank Grant

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Osun lawmakers clash over state's 'rising' debts, World Bank Grant
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An opposition lawmaker had faulted how a $20 million World Bank grant recently given to the state, was spent.

Osun State Governor, Adegboyega Oyetola. [PHOTO CREDIT: Official Twitter handle of Mr Oyetola @GboyegaOyetola]Federal lawmakers from Osun State are currently engaged in an angry altercation over the state’s rising debt profile and how a $20 million grant by the World Bank is being spent.

The caucus said three other PDP members of the House of Representatives are not on the same page with him. Hence, “the need to single him out as an enemy of progress.” To demonstrate its openness, Mr Basiru said, the state did not hesitate to cut down on its 2020 budget to N82 billion in line “with the harsh financial realities occasioned by COVID-19 pandemic”.

The grant, the caucus said, “is domiciled with the Central Bank and releases are made only when they satisfy the World Bank’s procurement process.” “Additionally, the government has also rehabilitated and revitalised the General Hospital at Ifetedo. Apart from spending on infrastructure.”lawmakers “know the truth about the insolvent status of Osun State but were being economical with it.”

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