"Come Clean on How Much Osun Owes", PDP Advises Aregbesola

The Osun State chapter of the Peoples Democratic Party (PDP) has again asked Governor Rauf Aregbesola to come clean on the actual debt profile of the state "now that he has disclosed that he will be spending N2billion every month to service the state's debts for the next 20 years."
The party has also queried Governor Aregbesola for deciding to hold on to a large chunk of the bailout funds released for workers salary till November.
Aregbesola at meetings held with leaders of the Labour Movement on Monday and Tuesday said he would need N2 billion every month to service all his loans and bonds with the claim that the situation would not make him guarantee further payment of salaries beyond the bailout given the state by the Federal Government.

The PDP, in a statement issued in Osogbo by Prince Diran Odeyemi, its spokesperson, said it was alarmed by the fact that "a debt portfolio that would  gulp a whopping N2billion to service monthly for 20 years duration would total N480 billion.
It reminded Nigerians that all previous alarms it raised that the APC government had amassed over N400billion in bank loans, bonds and contractor financing were denied by Aregbesola but now, with his own mouth, he told labour leaders on Monday and Tuesday that he would need N2billion every month to service his debts."
The PDP urged Nigerians to ask the Governor what he did with the humongous debt that "has mortally wounded the state", stressing that "only the truth about how much the state owes and how the debt was amassed, and what it was used on can set Aregbesola free."
The party also reacted cautiously to what it called "the MoU signed with workers that stretched payment of salaries from the bailout funds till November 2015" saying that the staggered payment  had further validated its claim that part of the the money was put in a fixed account by Aregbesola. 
"Why will Aregbesola use workers to ask for bailout funds from the Federal Government, get  the money once from the CBN, and refuse to pay them all the money at a go? Why hold on to a large chunk of the money till November? We believe he needs to come out and explain that he has nothing to hide in this unclear arrangement," the party said.
While lamenting the state of the state under Aregbesola, the PDP said " he promised flyovers where only walkway was needed and till date none has been built and yet debt burden from such ghost projects is killing the state. His education policy was only good enough to earn Osun 24th position in the last WAEC examinations, his airport is a bush while all other sectors have collapsed before his very eyes,"

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