Fayose, Fayemi disagree on Ekiti debt profile
The Ekiti State Government, on Sunday, said the Fayemi administration is being economical with the truth when it said only N36.3 billion was left as debt in the state.
In a statement by the Special Assistant (Information and Social Media), to the state governor, Lere Olayinka, over N60 billion has been discovered by the state government.
“We are not going to engage ourselves in exchange of words with those who served in the immediate past government because it is obvious that they are only being clever by half.
“Most importantly, joining issues with ex-Governor Kayode Fayemi and his wounded men will not bring foods to the tables of Ekiti people.
“However, for the sake of clarity, it is important to state, once again, that outstanding sum of N21.2 billion was left from the bond taken from Bond Capital market and Agric Loan, N15.5billion from loans taken from various banks, N3.2billion as unpaid workers salary for two months, N2.4billion unremitted monthly deductions from workers salary for four months.
N700m as unpaid subventions to parastatals and tertiary institutions, N400million as unpaid workers leave bonus, N3.2billion as unpaid pensions and gratuities (despite that the fund was deducted from local councils monthly allocation), N850million as unremitted withholding taxes and other deductions.
“As at the time we were compiling our report, over N10billion was discovered as indebtedness to contractors and more discoveries are still being made because projects were awarded at highly exorbitant cost, with roads awarded at over N1billion per kilometre”.
Meanwhile, in a statement by Fayemi’s Chief Press Secretary, Olayinka Oyebode, the former governor says the allegations are false.
According to the statement, “Although the erstwhile Commissioner for Information, Mr Tayo Ekundayo, has responded to the puerile allegations and orchestrated lies, it has become necessary to provide additional details to that earlier reaction.
“The concern here is the general public that could be misled by the fraudulent claims all and deliberate distortions of facts and figures in an attempt to invent excuses for imminent poor performance in office.
In a statement by the Special Assistant (Information and Social Media), to the state governor, Lere Olayinka, over N60 billion has been discovered by the state government.
“We are not going to engage ourselves in exchange of words with those who served in the immediate past government because it is obvious that they are only being clever by half.
“Most importantly, joining issues with ex-Governor Kayode Fayemi and his wounded men will not bring foods to the tables of Ekiti people.
“However, for the sake of clarity, it is important to state, once again, that outstanding sum of N21.2 billion was left from the bond taken from Bond Capital market and Agric Loan, N15.5billion from loans taken from various banks, N3.2billion as unpaid workers salary for two months, N2.4billion unremitted monthly deductions from workers salary for four months.
N700m as unpaid subventions to parastatals and tertiary institutions, N400million as unpaid workers leave bonus, N3.2billion as unpaid pensions and gratuities (despite that the fund was deducted from local councils monthly allocation), N850million as unremitted withholding taxes and other deductions.
“As at the time we were compiling our report, over N10billion was discovered as indebtedness to contractors and more discoveries are still being made because projects were awarded at highly exorbitant cost, with roads awarded at over N1billion per kilometre”.
Meanwhile, in a statement by Fayemi’s Chief Press Secretary, Olayinka Oyebode, the former governor says the allegations are false.
According to the statement, “Although the erstwhile Commissioner for Information, Mr Tayo Ekundayo, has responded to the puerile allegations and orchestrated lies, it has become necessary to provide additional details to that earlier reaction.
“The concern here is the general public that could be misled by the fraudulent claims all and deliberate distortions of facts and figures in an attempt to invent excuses for imminent poor performance in office.
Post a Comment