The Accountant General of Osun State, Mr. Akintayo Kolawole, has said the state government spent the entire N11,744,237,793.56 it received as the first tranche of the Paris Club loan refund to pay salaries and pensions.
Kolawole, who stated this in a statement on Wednesday, said the state added N1,704,828,033 to the refund received from the Federal Government to pay local government workers.
He explained that the state used N13,645,546,673.04 to pay salaries, leave bonuses and pension arrears of four months when it received the refund.
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