N18bn loan: Adeleke is a liar, I never borrow a dime - Oyetola - NEWS FRONTIER DAILY


Thursday, December 15, 2022

N18bn loan: Adeleke is a liar, I never borrow a dime - Oyetola

By Editor

Osun State former governor, Adegboyega Oyetola has described claims by his successor, Governor Ademola Adeleke that he borrowed N18 billion after losing election in July as a lie.

Adeleke while meeting traditional rulers in the state on Thursday said the former governor access the loan after losing election on July 16, 2022 and not a Kobo of the loan was left behind neither was the repayment plan stated.

He added that the state is indebted to the tune of N407.32 billion.

However, Oyetola while reacting to the allegation through his spokesperson, Ismail Omipidan said the governor has further exposed his lack of understanding of governance, stressing that Oyetola did not borrow a dime throughout his four years tenure.

His words; "I insist for the umpteenth time that my principal never took any loan facility for the four years he used in office. The claim by the new governor shows clearly that he lacks understanding of how government is run. 

"If you go to my principal farewell address, he stated it clearly, that like every other state, we benefitted N3billion on monthly basis for six months from the Federal Government as budget support. This money was given to all the 36 states of the federation without requesting. You cannot categorize that as loan. 

"The new governor does not understand the working of government and he should have allow those that understand the rudiment to explain it to him, So that he won’t be coming to the public to embarrass himself".

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