Governor Rauf Aregbesola, the Osun State governor has disclosed that he can no longer continue to pay civil servants in his state because the banks have stopped lending money to the government after it accumulated a loan of N24 billion. The governor has been unable to pay salaries of the state’s civil servants since November 2014.
Aregbesola stated that despite raising the Internally Generated Revenues (IGR) from N900 million annually to N3.6 billion he was yet to pay workers’ salary because the banks were not ready to borrow the state loans. Aregbesola said there is nothing he could do in the face of dwindling revenue accruing to the state. He however added that he is still labouring physically and spiritually to pay the workers’ salary.
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