Seyi Makinde speaks on Oyo’s N157bn debt profile, tackles Ajimobi on workers’ salary
Party (PDP) in Oyo State, Engineer Seyi Makinde has queried Governor
Abiola Ajimobi's legacy over the alleged suffering of hapless citizens
of the state.
Makinde described the legacy bequeathed the people "as deliberately
designed to frustrate the vulnerable ones in the society and punish
the poor."
The PDP stalwart made these declarations shortly after he was screened
and cleared for the party's governorship primary.
While speaking further, he said that any candidate who believes he can
ride on the back of Governor Ajimobi's achievements lacks the
compassion and capacity to make a difference in the lives of the
common man.
While also querying the state's N157 billion debt profile of the
government, the aspirant said that "It would take the next 18 years
for a succeeding government to pay up the N157bn debt which this
government has incurred in seven years".
Makinde said that Oyo state ranks 30 among the 36 states in Nigeria
and cannot sustain itself because it has a monthly N10b expenditure
and a monthly revenue of N6billion, leaving a deficit level of N4bn.
He said, "The implication of this figure is that the state sinks into
further debt every month to fulfil its recurrent responsibilities in
spite of increase in statutory allocations of 34bn from oil revenues
and VAT of 1.3bn.
"Even if Governor Ajimobi turns a new leaf today and pays up all the
outstanding debts owed the poor workers and pensioners, the damage has
already been done," Makinde averred.
According to the PDP aspirant, he has done his homework and with
transparency and accountability which are currently lacking and
management of overheads, the situation can be reversed within just two
years.
Makinde added that "I am in the best position to turn around the
fortunes of Oyo state because of my unblemished record as a successful
businessman. What's more, I have no Godfather to mislead me to work
against the interest of the masses".
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