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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