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Confirmed Ajimobi’s 150Billion Naira debt May Be To Questionable projects- Gov. Seyi Makinde

We will use Looted Funds And Grants for Education

Oyo State Governor, Engr. Seyi Makinde has revealed the plan of his government to run the school system through grants and recovered looted fund from past administration to make-up with the abolished fees imposed by Ajimobi’s government for students in secondary school.
The governor disclosed this during a statewide 2 hours broadcast on Broadcasting Corporation of Oyo State (BCOS) to mark his 30 days in office as governor of the state on Saturday, June 29th, 2019.


Governor Makinde reminded that part of his promise to the people of the state on his inauguration day is to ensure that number of out-of-school children is reduced, in which the first step began with abolishing of school and examination fees imposed by former Governor Abiola Ajimobi’s administration.
He expressed that Oyo State will access grant from World Bank to support Nigeria to get children back to school (Better Education Service Delivery) allocated to federal government and World Bank programme for and recovered looted fund from past government officials as make-up for the abolished school and examination fees.
Makinde list #1.3 billion belonging to the state that is in the custody of the Economic and Finance Crime Commission (EFCC), hidden in a certain bank account of a certain individual and #2 billion access funds in the account of the Universal Basic Education Commission (UBEC) as part of monies to fund education system in the state.
He disclosed that his government will not end the School Governing Board policy but will review its activities and implement the implementable programmes, adding that his notion to bring experts and professionals on board is to ensure discovery of new innovations and ideas in governance.
While speaking on the current economic situation of the state, Engr. Seyi Makinde stated that within the last 30days we have been able to confirmed about #150 billion debt left by the Governor Ajimobi’s government, revealing that larger part of the debt is attached to bonds which may be for questionable projects.If we want, we can do value-for-money audit.
The governor stated that government has to deduct #1 billion from the Internally Generated Revenue (IGR) of the state and add to the current allocation #4.5 billion from the federal government to be able to settle workers’ wages of #5.5 billion.
Governor Makinde explained that work is in progress to present supplementary budget to the state House of Assembly to correct anomaly in the 2019 budget presented by the former Governor Abiola Ajimobi to suit available resources.
In his response on the proscription of the National Union of Road Transport Workers (NURTW), Engr. Makinde declared that government is ready to lift the ban placed on the union in as much as members of various groups are ready to sheath their swords and allow peace to rein.
He opined that his government does not have intention of blocking mean of livelihood of anybody, however, sounded a note of warning that his government will not allow a minute group of individuals to disturb peace of the majority and the government of the day.
Governor Makinde reiterated that the electoral body in the state, Oyo State Independent Electoral Commission (OYSIEC) will be re-organized and people of integrity and impeccable character will be appointed to conduct the local government election in the first quarter of the year 2020.
He explained that past government has negated the constitution which only recognized 33 local government areas by went ahead to conduct election into Local Council Development Areas (LCDAs), which its creation matter is still pending in court.
By Adekunle Adegboyega

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