Group flays Ekiti’s N35.98bn debt.

The Ayo Fayose Campaign Organisation on Tuesday accused the Kayode Fayemi-led administration of financial recklessness.

The group in a statement by its Director-General, Mr. Owoseni Ajayi, stated, “The huge debt owed by the state resulted from borrowings and profligate behaviour of the Fayemi administration.

“The report of the Fiscal Responsibility Commission, which claimed that the state was owing N35.98bn as at December 31, 2011, has vindicated Fayose.”

“Few months back, Fayose raised the alarm over unnecessary borrowings and profligate lifestyle of the government warning that it could lead the state to the deep valley of debt.

“Fayemi had deployed billions of naira to repair failed portions of the roads constructed by Fayose eight years ago to the neglect of teachers, local government workers, judiciary workers and health workers who have protested through strike actions over the non-payment of salary increments and other entitlements.”

It noted that the Fayemi administration did not construct new roads in the state, saying, “Fayose, who governed the state between May 2003 and October 16, 2006, did not borrow a dime.”

The group urged Ekiti people to ask the governor how the bond was spent.

But the Ekiti State Government on Tuesday said that N3.4bn was spent on projects under the Millennium Development Goals, while N600m was spent on the provision of infrastructure in Ijero, Ikole and Ekiti East Local Government Areas in 2011.

The Special Adviser to    the governor on MDGs, Mrs. Bunmi Dipo-Salami, said this during an inter-ministerial press briefing in Ado Ekiti.

She appealed to the Federal Government to release its counterpart fund for quick commencement of the  projects.

She said, “The sum of N444m is expected as counterpart fund from the Federal Government to initiate projects under  the 2012 MDGs programme.”

On rural development, the Special Adviser, said six local councils – Gbonyin, Ise/Orun, Emure, Irepodun/Ifelodun, Ido/Osi and Moba – would benefit from the 2013 MDGs infrastructural development scheme.



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