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Chairpersons

Osun State Crisis Deepens as CBN Blocks PDP Local Government Chairmen from Opening Statutory Allocation Accounts

Strategic Insights

— 1 min read

The crisis over local government control in Osun State has reached a boiling point as the Central Bank of Nigeria (CBN) allegedly prevented newly elected local government chairmen under the Peoples Democratic Party (PDP) from opening accounts for statutory allocations. Speaking at a press conference in Osogbo, Osun chairman of the Association of Local Government of Nigeria (ALGON), Sarafadeen Awotunde, accused the CBN of frustrating their efforts to open accounts, claiming that the bank had instead given account opening forms to chairmen of the All Progressives Congress (APC), who had been sacked by the court. Awotunde also commended Osun State Governor Ademola Adeleke for his maturity in handling the crisis and called on President Bola Ahmed Tinubu to intervene.

Key Takeaways:

  • The CBN allegedly prevented PDP local government chairmen from opening accounts for statutory allocations, claiming the forms had been given to APC chairmen who were previously sacked by the court.
  • A delegation of six PDP council executives visited the CBN branch in Osogbo and were given a deadline of 8am on Tuesday to get a meeting with the controller, but were later told she was in her office and did not attend to them.
  • The PDP chairmen recorded a security operative who uttered unprofessional words and may take the matter up in the future.
  • The ALGON chairman called for the transfer of the Osun CBN controller if she cannot perform her duties properly.
  • The PDP chairmen appreciated Governor Adeleke for his maturity in handling the crisis and called on President Tinubu to intervene.
  • The CBN's actions are seen as illegal, and the PDP chairmen appealed to the Accountant-General of the Federation and the Ministry of Finance to perform their duties properly.

Statistics:

  • There are 6 eligible PDP council chairmen who were denied access to account opening forms.
  • The CBN was instructed to provide account opening forms to the chairmen of the APC, who had been sacked by the court.
  • The PDP chairmen arrived at the CBN quarter to 8am on Tuesday, but were not attended to by the controller.
  • The security operative who uttered unprofessional words may be taken up by the PDP chairmen at a later date.

Sources:

  • "Osun crisis: CBN denies blocking PDP council chairmen from opening account" (Source: The Vanguard, June 2023)

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