Osun Assembly set to probe govt’s debt profile

A committee was set up by the Osun State House of Assembly to probe the state debt profile.

Timothy Owoeye, the Speaker, at the plenary inaugurated a 10-man ad-hoc committee to promptly investigate on the exact debt profile of the state.

Media aide to the speaker,  Kunle Alabi in a statement, obtained in Osogbo, stated that the figures weren’t tallying as the state debt portfolio that the lawmakers had was different from the figure disclosed by the Governor, Ademola Adeleke, recently.

Those on the committee include; Minority leader, Kofo Adewunmi, Tunde Olatunji, Michael Adetoyi, Babatunde Ibirogba, Lateef Adebisi, Babatunde Komolafe, Adiru Abefe, while the Clerk, Simeon Amusan would serve as the Secretary.

Owoeye added that the issue around debt portfolio of the state, if not carefully handled may affect investment coming into Osun.

Dwelling on sections 128 and 129, the statement quoted Owoeye as saying, “For the purposes of any investigation under section 128 of this constitution and subject to the provisions thereof, a House of Assembly or a committee appointed in accordance within section 103 of this constitution shall have power to.

“(a) procure all such evidence, written or oral, direct or circumstantial, as it may think necessary or desirable and examine all persons as witnesses whose evidence may be material or relevant to the subject matter;”.

“The only institution that can clear the air on this is the House of Assembly, government is continuum, this exercise is going to be transparent, that’s why we have co-opted the Minority leader into the committee.”

(Punch)