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Maiyegun General

Monday 9 November 2015

N252bn Debt Profile: 'Don't Fool Ekiti People', APC Warn Fayose


Governor Ayodele Fayose

The All Progressives Congress (APC) in Ekiti State has replied Governor Ayodele Fayose that the new N252 billion Ekiti debt profile being reeled out by his administration was another indication that his government is inconsistent and deceptive. The party warned Fayose against dishing out inconsistent debt figures that has become a permanent feature in his public speeches, describing the action as a deliberate efforts to deprive the people the dividends of democracy. Reacting to a comment allegedly credited to Fayose that the state’s debts had risen to N252billion, APC Publicity Secretary, Taiwo Olatubosun, said the governor should explain to Ekiti populace where he intended to get money to finance the airport and Oja Oba Market projects, if truly the State was that indebted. “At assumption of office, Fayose told the world that former Governor Kayode Fayemi left N86billion.

Later, he sat up to reduce it to N56billion and now, he has announced another figure of N252billion that will be redeemed in 2036, all in an attempt to hide behind debt profile to deny people real development while living in private comfort as planned. “He has come out again with the debts that will be redeemed in 2036 we wonder whether he will still remain the governor till 2036 and as such he is handicapped by debt burden to fulfill his obligations to Ekiti people,” he noted. Olatunbosun said Fayose’s motive for his current lie was to deny the past political office holders payment of severance allowances even though payment of severance allowances were captured in the bailout cash so that he can help himself with the cash thinking the unsuspecting Ekiti people would not know. The APC spokesman regretted that the governor had abandoned governance for theatrics all intended to punish Ekiti people in pursuit of his selfish motives.

“The governor has refused to engage Ekiti youths in rewarding ventures like commercial agriculture instead; he has embarked on bogus projects like the construction of an airport in an agrarian state so that he can enrich himself and his immediate family. “We want to make it abundantly clear to Ekiti people that Fayemi left a debt of N18.5 billion as he explained to the whole world on the floor of the Nigeria Senate chambers during his ministerial screening session and this has not been controverted. “It is gratifying that Fayemi did not borrow to pay salaries; he borrowed to implement development projects and the projects are there across the state for the people to see,” he said.

“The governor takes N250 million as security vote every month. He travels to Dubai every month after collecting federal allocation. While Ekiti youths have become arms bearers as Fayose’s thugs, his sons ride around in multi-million naira posh cars while he has also sacked thousands of youths in empowerment schemes introduced by Fayemi. “He reversed workers promotions and cut in the running grants approved for civil servants while he cancelled the monthly payment of N5,000 to the elderly introduced by Fayemi after deceiving these elderly people that he would increase the pay to N10,000 during campaign.”

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