Osun generates N17.6bn as internally generated revenue for year 2019

Osun State Government on Wednesday presented N17.6 billion as its internally generated revenue for the year 2019.

This was presented at the annual audit forum by the office of Auditor-General in collaboration with the State and Local Governance Reform (SLOGOR) Project, at Aurora event centre, Osogbo.

The state Auditor-General, Mr Folorunso Adesina, who presented the report, stated that N17.6billion was generated in 2019 as against N15.6billion realised in the year 2018.

Adesina also put the total assets of the state, both current and non-current at N118,293,128,198.68 and the total liabilities, both current and non-current were put at N82,245,169,548.73.

The SLOGOR project Coordinator, Mr Yemi Ijidele, disclosed that the audited accounts are already on the website of the state in line with the international standard of transparency and accountability in public financial management.

The state Commissioner for Finance, Mr Bola Oyebamiji, noted that Osun has won several awards and grants at the world bank because of its transparency and accountability.

“The presentation of audited accounts is necessary because we need to let people know that we are capable, transparent and responsible to our citizens.

“It is very tough, but I can assure you that this government will deliver the good and services expected by the people of Osun.”

The speaker, Osun state house of assembly, Hon Timothy Owoeye, who was represented by the Chairman, House committee on a public account, said the assembly observed that the office of the Accountant-General of the state has performed excellently and discharged its duty in line with international standard.

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