The Ogun State Government has denied obtaining any foreign loan and accused the opposition Peoples Democratic Party of peddling the rumour.
The Commissioner for Finance, Kemi Adeosun, said this at a press conference, which held in Abeokuta on Sunday.
She said the performance of the Ibikunle Amosun administration has continued to give the opposition in the state sleepless nights.
“We restate again that we have not taken any foreign loans. Indeed if they were conversant with financial regulations they would or should know that foreign loans can only be taken with the express approval of the Federal Ministry of Finance and is subject to legislative assent”, Ms. Adeosun said.
“The DMO (Debt Management Office) maintains and publishes periodic data on our loan portfolio and we invite the PDP to provide proof to substantiate their allegations or keep their peace”, the commissioner added.
“It has always been our position that Ogun State is financially robust and we are confident that the present challenges will be overcome with our innovative strategy to accomplish our
mission to rebuild our dear state”, she stated.
“This is evidenced by the achievements of our administration in restoring sanity to our clime by ensuring security of lives and property, rebuilding infrastructure, attracting industries, restoring investors’ confidence, putting the education and health sectors right and generally raising the standard of living of our people. We make bold to say that under our administration, things are really getting better.
“The financial performance of this administration has consistently perplexed our detractors. They have therefore resorted to wild allegation of secret foreign loans”, Ms. Adeosun asserted.
The commissioner further accused the Governorship Candidate of Peoples Democratic Party, Gboyega Isiaka, of contributing to the financial challenges of the state.
She recalled that while Mr. Isiaka was head of the state’s Gateway Holdings Limited Company, he obtained a N1.6 billion guaranteed by the government.
She stated that the loan happened to be mismanaged as it turned out it was for the purported construction of a head office and a mega filling station.
“While not wanting to join issues with the PDP candidate, Mr. Gboyega Isiaka, it must be pointed out that his personal financial mismanagement has contributed to the financial challenges we have faced”, the commissioner stated.
“It will be recalled that under his leadership Gateway Holdings took a loan, guaranteed by Ogun State Government, of N1.6 billion for the purported construction of a head office and a mega filling station”, Ms. Adeosun said.
“It is shame that there is nothing beyond a foundation to show for the loan taken and the proceeds cannot be accounted for. In addition, not one naira was repaid”, the commissioner added.
Several Injured As Thugs Attack #EndSARS Protesters, Governor Oyetola In Osun
Some of the vehicles in the Governor’s convoy were also destroyed by the thugs but the Governor himself was evacuated to safety by his security team.
As the convoy was leaving the protest venue, some of the youths continued to stone his vehicles.
While the protest was disrupted, Governor Oyetola assured the injured victims that the government would be responsible for their medical bills.
#EndSARS: Sanwo-Olu Constitutes Panel Of Enquiry
In a bid to quell the #EndSARS protest which is spreading like a raging inferno across the country, Babajide Sanwo-Olu, the Governor of Lagos State has set up a panel of inquiry and restitution for victims of SARS.
This was announced in a statewide broadcast on Thursday.
The panel will be a 7-man panel which will ensure that all those with verifiable cases of SARS brutality or fatality receive compensation.
The Panel will be chaired by retired Justice Doris Okuwobi, while members are Ebun Adegboruwa, SAN (representing the Civil Society), Taiwo Lakanu (a retired Deputy Inspector General of Police), Patience Udoh (representing the Civil Society); Segun Awosanya aka Segalink (Human Rights Activist).
Others are Olutoyin Odusanya (Director, Citizens Mediation Center), a rep/member of the youth-led protest, and a representative of the Human Rights Commission.
There will be a help desk for the complaints and petitions to the panel.
Governor Seyi Makinde Loses 81-Yr-Old Mother
Abigail Makinde, the mother of the governor of Oyo State, Seyi Makinde, is dead.
The Chief Press Secretary to Mr Makinde, Taiwo Adisa, however, told newsmen that the family will soon make an official statement on the death of the deceased.
He said: “Yes. The family will make an official statement.
“The family will soon make an official statement. In the next few minutes, the family will make an official statement, in few minutes.”
It was gathered that Mr Makinde lost his father, Olatunbosun Makinde, a few years ago.
It was learnt that Mrs Makinde died in the early hours of Thursday.
She died at the age of 81.
- News Feed21 hours ago
#EndSARS protesters break into Lagos International Airport (Videos)
- Entertainment3 hours ago
Regina Daniels Birthday: EVERYTHING You Need To Know
- Entertainment24 hours ago
#EndSARS: ‘We Want To Change Established Systems’ – Singer Bez
- National News21 hours ago
Nigerian Youth Have Right To Protest, Says President Buhari
- Entertainment23 hours ago
#EndSARS: ‘The Government Does Not Want To Do The Right Things’ – BBNaija’s Leo Da Silva
- Entertainment4 hours ago
‘My Landlady Chased Me Away And Started My Kind Of Business’ – Nkechi Blessing
- National News21 hours ago
#EndSARS Protest: Edo Govt Sets-Up Judicial Panel
- National News3 hours ago
Sanwo-Olu Imposes 24-Hour Curfew In Lagos