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Seyi Makinde Threatens Ajimobi, Uncover Huge Debt in Oyo State Account

Nigeria News Live



Seyi Makinde

Governor Seyi Makinde of Oyo State had said his authorities uncovered N150bn debt owed by his predecessor, Abiola Ajimobi.

According Nigeria News Live Makinde disclosed this throughout a media chat on the Broadcasting Corporation of Oyo State to mark his one month in office, threatened to reveal Ajimobi if he continued to disturb his administration.

He stated a sum of N1.3bn seized from previous authorities officials by the Federal Government can be retrieved to sort out some education sector problems, assuring the residents that he won’t be perturbed in executing his campaign guarantees made to the people.

He stated, “We have now confirmed N150bn debt to date. We’re nonetheless working to find more. A few of them could also be questionable. In case you take bond, it’s always tied to a specific project. If we would like, we can do value-for-money audit.

“Our focus is strengthen the financial system of the state in order that all and sundry will prosper. However I’ll expose them if they don’t wish to cease disturbing us. Once we do, they won’t be capable to move on the streets.”

Additionally, the governor lamented that the state received N4.5bn federal allocation whereas salaries and pensions stood at N5.4bn, leaving the state with a shortfall of about N1bn monthly.

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