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83.5Billion Naira Loan : PDP Kicks Against Abiodun



Ogun State Chapter of People’s Democratic Party (PDP) has condemn the Ogun State Governor, Prince Dapo Abiodun on his intention to collect 83.5 billion naira loan.

PDP in a press release signed by the State publicity Secretary, Asiwaju Bankole Akinloye:

“The attention of the Ogun State chapter of the Peoples Democratic Party (PDP) has been drawn to a fresh attempt by the ruling APC government under Prince Dapo Abiodun to embark on another voyage of desperate borrowing. This time, the governor is seeking additional 83.5bN loan from the Revenue Mobilisation Allocation and Fiscal Commission, (RMFAC).”

“We wish to make it abundantly clear to the generality of the people of Ogun State that our great party aligns with every dictate of public probity. Therefore, PDP demands that Prince Dapo Abiodun led government should release more information into the public space, by giving clear reasons why N83.5bn loan is being sought. Aside from this, it is expected that the ruling APC government would find it responsible to first explain what has been done with other previous loans earlier obtained”.

“We challenge the ruling government to tell the public, in full details the status of the loans and all attached conditions of repayment to this fresh 83.5bn loan. The government also owes it a duty to the people of Ogun State to explain why the state government cannot fund its projects without driving the state into a web of indebtedness”.

“We make bold to inform the public that the ruling APC government under uninspiring watch of Dapo Abiodun has already taken a loan of more than 60billion Naira since it came on board. Yet, the government stilll owes 17 months workers’ contributory deductions. The government still owes pensioners. All roads around Ogun State are unprecedentedly deplorable. The same government has also refused to provide pipe borne water. Clearly, the ruling APC government can not be trusted with another round of loans”.

“As a responsible political organization, we know that democratic governance is ultimately about the people, we therefore call on Members of the State House of Assembly to be vigilant and join forces with men of good conscience to rescue Ogun from unnecessary burden of indebtedness by summoning the needed courage to shun this flagrant recklessness for a speedy approval of another N83.5bn as requested”.

“Ogun state, just as several other states has not recovered from the global pandemic of Covid’19 and it is high time the ruling government, as a responsive representative of the people started to diligently asses and evaluate what financial resources it pumps into what projects”.

“It is equally germane to further appeal to men of good conscience to plead with Prince Dapo Abiodun and Members of the Ogun State House of Assembly to shun any temptation that is capable of impoverishing the people. This becomes extremely important because there is no amount of billions of dollars that would rescue the ruling APC government from the wrath of the people come 2023.”

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