ENUGU, Nigeria (VOICE OF NAIJA) – The Oyo State chapter of the All Progressives Congress (APC) has called on Governor Seyi Makinde of the Peoples Democratic Party (PDP) to provide a detailed explanation for the approval of a newly authorized loan of N50bn by the State House of Assembly.
They said this in a statement released by Engineer Oyedele Hakeem Alao, who is also a chieftain of the party.
The APC emphasized the need for transparency and accountability in the overnor’s decision-making process, and called on Makinde to justify the need for the loan and provide a breakdown of the estimated budget and cost per project.
“While taking loans is not bad, it is incumbent on any leader doing such on behalf of the people to be open to them on reasons for the loans.
“Is important for Governor Makinde to give a breakdown of what he intends to use the approved N50b for,” Alao said.
He also urged the Governor to prioritize critical areas like education, security, health, job creation for the youth, and environmental issues.
Alao cautioned the governor against incurring unnecessary debts that would leave the state in financial distress for years to come.
“In the last four years, the governor has borrowed over N100 billion.
“The absence of the lawmakers who are members of the APC during the sitting when the loan was approved could not but raise an alarm of the House populated by members of the Peoples Democratic Party (PDP), only doing the bidding of Governor Makinde,” Alao added.
The APC chieftain further called on the House of Assembly to exercise discretion when approving loans presented by the executive, noting that the lawmakers were elected to represent the interests of the people.
“It is necessary to sound a note of caution to our dear Governor Seyi Makinde on the fresh loan of N50 billion just approved for him by the state House of Assembly.
“The people of the state as stakeholders deserve a right for convincing reasons for any loan to be taken on their behalf most especially the economic benefits of the projects to them in order not to mortgage their collective patrimony,” said Alao