Osun State Governor, Ogbeni Rauf Aregbesola has lamented over the depleting funds of Osun state, saying the meagre sum from the Federal coffers can no longer sustain the State.
He further urged indigenes and civil servants to embrace farming because the state can no longer rely on funds from the federation account.
While speaking at the commencement of the reconstruction of Orita-Olaiya-Ita-Olokan Road, at Olaiya Junction, to commemorate the 5th year of his government in office.
The governor said, “We must at this point tell ourselves the truth, there is no money coming from the Federation account, 34 million barrels of Nigeria’s crude oil are on the sea without buyers”.
“Money coming from the Federation Account has dipped seriously and our hope for survival is in our hands, what our forefathers lived on was agriculture.
“We must now go back to the farms and work. We also need to pay our taxes so that government can meet its responsibilities”.
“For September, our state got N55.8 million. The money we received cannot pay for the power supply by Ibadan Electricity Distribution Company (IBEDC) that we use at the state Secretariat monthly.”