Following the approval of the Oyo State House of Assembly for Governor Seyi Makinde to obtained N10billion infrastructural loan, the Oyo State chapter of the All Progressive Congress, APC, has decribed the loan as a looting in anticipation.
OYO INSIGHT recalls that the Oyo State House of Assembly had yesterday okayed Makinde’s bid to obtained a N10 billion infrastructural loan.
The infrastructural loan, OYO INSIGHT understands, will be sourced from First Bank, United Bank Africa and Unity Bank respectively.
Reacting to the loan request, the party through its publicity secretary, Dr. Abdulazeez Olatunde, the party said the people of the state had entered ‘one chance.’
According to Olatunde, ‘the requested loan is an anticipating looting, and that is exactly what is playing out now for the state House of Assembly to have approved it. Remember Makinde has accused had accused former governor Abiola Ajimobi who spent 8 years in office of incurring N150billion debt. Though we didn’t agree with Governor Makinde but now, in less than his two months in office, he has requested for N10 billion loan.
“Imagine how many billions he would still borrow before the expiration of his 4 years tenure in office as the governor.”
“We raised objection when the governor declared his N48billion asset, but the PDP said we are crying fouls, so we told the world that we are still waiting for the Code of Conduct Bureu to confirm the asset.”
But Makinde who reacted through his Chief Press Secretary, Mr. Taiwo Adisa, described Oyo APC as a party of shameless people who are busy running their mouths after they stand accused of mindless looting and unconscienced governance.
According to Adisa “We are not like the APC where the debt profile of Oyo State has doubled during their eight years in government, so what’s left for them to say other than shouting?.
Adisa noted that if truly Oyo APC are serious with their accountability and probity, why can’t the chairman or their spokesman impress it on officials who served in the eight year misrule they foisted on Oyo people between 2011 and 2019 to publicly declare their assets like Governor Makinde did, because there is no law that stops them from doing so.
“Let APC first brace itself up to the level of accountability being exhibited by Governor Makinde before we can engage them in discussions on this matter, if Oyo state Government said it needs N10bn for infrastructure, it is an evidence of the run down infrastructure we met on ground on May 29, 2019.
He however said that the people will see the results in this open administration of Governor Seyi Makinde, adding that It wont be like the past administration that awarded N7bn contract to a faceless organisation which immediately bolted after taking N2bn of money belonging to the People of Oyo state.
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