Special Assistant to the Ekiti State Governor on Public Communications and New Media, Lere Olayinka has described as mere fabrication, claim on the State’s debt profile by the State Governor-Elect, Dr Kayode Fayemi.
He said Fayemi was already preparing excuses for his impending failure.
He said the State Government had no obligation to relate with any committee not empowered by law, stating that the governor-elect should wait for the handing over note that will be handed to him on October 16.
Olayinka said it was funny that the same Fayemi’s Transition Committee that claimed it did not get any information from the State government was saying that the State was indebted to the tune of N117 billion.
He reiterated that the government of Fayose only received N10 billion grant from the Excess Crude Account, which was released to all States for capital projects as well as Budget Support fund released to states by the Federal Government.
“It is on record that Ekiti State Government was indebted to the tune of N86, 013,689,097 as at October 16, 2014 that Governor Fayose took over.
“The debts are broken down as follows: Bank Loans; N15, 831,613,425.62, Bond; N26, 749,796,784.75, Outstanding Warrants; N15, 522,552,900.76, Outstanding to Road Contractors; N21, 286,126,749, Outstanding Remittances to FG; N709, 883,656.75, Outstanding Remittances (State Govt); N592, 995,374.89 and EKSG Public Servants Outstanding Emoluments; N5, 137,888,224.37,” he said.
The governor’s spokesman counselled Fayemi to face the task of defending the mandate that he stole and his fraudulent emergence as the APC candidate instead of threading the usual path of deceiving the public to cover up his failure.
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