BreakingNews: #APC GOVT IS PACKAGING NEW LOANS. •Fayemi Has Mortgaged Ekiti Future —Accord Chieftain# Governorship candidate of Accord in Ekiti State, Mr Kole Ajayi, has lamented that the rate of huge indebtedness of the state may lead it to liquidation. Ajayi stated that to date, the Dr Kayode Fayemi-led All Progressives Congress (APC) government in the state had “borrowed N38 billion without anything to show for it.” He added that “the APC government is lavishing money on phoney projects that are not touching directly on the lives of Ekiti people.” He condemned the state government over the N7 billion earmarked for the Government House complex, describing it as absolutely unnecessary, “especially at this critical time, when an average man on the street is economically decimated.” He alleged further that all former governors of the state, apart from Chief Niyi Adebayo, did not take loan to run in, adding that even Adebayo invested such loans wisely on Ekiti House in the FCT, Abuja, “and that is today yielding a lot of revenue for the people of Ekiti State.” “I, therefore, call on well meaning Ekiti indigenes to prevail on Governor Fayemi not to take further loan. Confirmed sources close to government in the state have revealed that they are packaging another loan, and this may finally cripple the economy of the state,” the statement said.
Posted on: Sun, 15 Sep 2013 06:26:27 +0000
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