Thursday, 6 August 2015

APC to banks, Fed Govt: don’t grant Ondo loan

APC to banks, Fed Govt: don’t grant Ondo loan
Ondo State All Progressives Congress (APC) has cautioned the Federal Government and Access Bank Plc against granting any loan to the state government.
The party urged Governor Olusegun Mimiko to give account of allocations he had collected since the inception of his administration.

Its spokesman, O’moba Abayomi Adesanya, in a statement yesterday, challenged the state government to explain to the people why he was seeking N7 billion loan from Access Bank despite the alleged N70 billion debts he incurred.
Besides, Adesanya said the few projects implemented so far by the government did not justify the money he met in the state’s accounts and the allocations collected since 2009, when he took over.
He said Mimiko was only trying to create a mess for any incoming government that would take over from him in 2017.
The statement reads: “We have it on good authority that the said N7 billion loan was only meant for the completion of the ‘Dome’ project and the Fiwasaye/Oba-Ile/Airport road.
“These projects have been on since 2009. Mimiko should explain to the people why he should be seeking for loans for the completion of the project, when N4.1 billion was awarded for the road project and N1.5 billion was first awarded for the ‘Dome’ project and N2 billion when the same ‘Dome’ was re-awarded in 2013.
“The little projects completed by the state government since its inception in 2009, do not justify the over N44 billion it met in the state treasury and over N700 billion allocations it had collected since 2009.
“Mimiko has only embarked on window dressing jobs while all our industries and ongoing projects embarked upon by his predecessor, late Governor Olusegun Agagu, have been abandoned.
“It will be recalled that when Mimiko’s government came on board, it promised residents of Akure, the state capital, that the major road, Oyemekun/Oba-Adesida, will be turned to a “Washington DC”.
“He proposed to make this road six lanes road. Houses and shops were demolished and this project was awarded for N3.2 billion. But, we were shocked that what the contractor could do was removal of streetlights and construction of the median along the road for one year.
“The Ondo township road in his home town was flagged off around the same time at the cost of N3.8 billion and up till now, the job is yet to be completed.
“Mimiko and his co-travellers have grounded the economy of the state while the rate of poverty has increased. The masses cannot eat three square meals. In Ondo State, government taxes have weakened commercial activities. It has gotten to the stage that the poor masses are being denied government’s facilities through taxation.”

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