N7.6bn Loan: APC Not Qualified To Talk — PDP

The Oyo State chapter of the Peoples Democratic Party (PDP), has discountenanced a statement credited to the state’s chapter of All Progressives Congress (APC) in which it criticised the state Governor, Engineer Seyi Makinde, for seeking the nod of the State House of Assembly to access the N7.6bn loan earlier secured by the administration of Senator Abiola Ajimobi.

The PDP, in a statement by its State Publicity Secretary, Engineer Akeem Olatunji, declared that “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.”

According to the statement, the APC, in the eight years of Governor Ajimobi, practically ran the state aground with “excessive and unjustified borrowing,” adding that a party that produced such leadership was not qualified to criticise Governor Makinde, whom he said has so far demonstrated financial prudence and transparency in the handling of the state’s resources.

The statement read: “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.

“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 is suffering from electoral failure-induced amnesia, he stated that it should be made clear that former Governor Abiola Ajimobi, who is APC’s 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.

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