Headlines

Ajimobi Runs Oyo State With Excessive And Unjustifiable Borrowings- PDP

Published

5 years ago

Oct 14, 2019.

– Oyo PDP said that Senator Ajimobi run Oyo with excessive borrowing

– A set of morally-bankrupt and profligate politicians cannot group themselves under whatever guise to criticise the prudent, open and people-friendly administration being run by Governor Makinde

– We in the PDP are happy with, and are confident in the ability of Governor Makinde to revolutionise the State’s economy through agriculture and agriculture value chain

Following the state chapter of the All Progressives Congress (APC) criticism on Governor Seyi Makinde for seeking the approval of the state House of Assembly to access the N7.6billion loan secured by the former administration of Senator Abiola Ajimobi,the Peoples Democratic Party (PDP) in Oyo state said that the APC, in the eight years of Governor Ajimobi, practically ran the state aground with “excessive and unjustified borrowing.

The State Publicity Secretary of PDP,Mr. Akeem Olatunji,in a statement, said: “A set of morally-bankrupt and profligate politicians cannot group themselves under whatever guise to criticise the prudent, open and people-friendly administration being run by Governor Makinde.”

The PDP said: “The statement by the Oyo State chapter of the APC on the N7.6 billion loan facility was not just mischievous and jaundiced, it was not-well-thought-out, since it was only with the sole aim of misinforming people with short memory span.

READ ALSO: pdp-frowns-at-apc-one-party-state-claim/

“We are all witnesses to the suit filed in May this year by the then Governor-elect, Engineer Makinde, with which he sought the injunction of the State High Court to stop the access of Ajimobi’s government to that loan in less than a month to its terminal date.

“How can the same APC, which produced Ajimobi, whose government had concluded arrangements to spend the money on frivolous projects just five months ago now turn around to claim that the loan was freshly obtained by Governor Makinde?

“We in the PDP are happy with, and are confident in the ability of Governor Makinde to revolutionise the State’s economy through agriculture and agriculture value chain. That is why we commend the proposed upgrading of the farm settlements in Eruwa and Akufo to Farm Estates in a pilot scheme that will be used as model for similar projects across the State.”

Olatunji stated that though the PDP would not have loved to join issues with Oyo APC, which he said was suffering from “electoral failure-induced amnesia,” he stated that it should be made clear that former Governor Abiola Ajimobi, who is the APC leader in the state, plunged the state into unbridled debts by borrowing over N150 billion in eight years with nothing to show for the loans.

The statement further read: “Oyo APC should not have been caught pointing fingers at Makinde, who is working round the clock to clear the mess left behind by the APC Government, which borrowed so much but left huge number of abandoned projects and debts that are still being collated by several committees.

“Is it not funny that a party that awarded Iseyin-Ibadan road, mobilised the contractors with N2 billion but had nothing to show for the money; a party that left many abandoned projects within and outside Ibadan, despite having secured and spent loans and bonds for such projects; a party that borrowed so much but failed abysmally in its duties to workers and pensioners, owing billions in pension and gratuity arrears, could point fingers at a focused government like that of Makinde?”

“It is not a joke when workers in the state stand boldly to say that Makinde’s achievements in 96 days are equal to Ajimobi’s achievements in 96 months. There are verifiable statistics to back such submissions.

“We will like to place it on record that the only reason that made Governor Makinde to approach the Assembly for approval of the access was just in observance of the rule of law. Let us also state that by changing the purpose of the loan from procurement of ‘agriculture equipment’ to upgrading of farm settlements to construction of Farm Estates, Oyo State people stand to benefit far more. It is a step in the right direction.”

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