Fayose must account for over N100b loans — CNPP

Posted by Odunayo Ogunmola, Ado-Ekiti | 11 October 2018 | 1,359 times

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•Governor Fayose

The Ekiti State Chapter of the Conference of Nigeria Political Parties (CNPP) has urged the governor-elect, Dr. Kayode Fayemi, to launch a probe into how Governor Ayo Fayose managed the state treasury throughout his four-year tenure.

The umbrella body of registered political parties insisted that Fayose must be made to account for over N100 billion loans and various financial lifelines received from the Federal Government.

The group maintained that the development on ground in Ekiti State did not justify the inflow of cash into the state coffers the Fayose administration saying “the people of the state have become poorer under the outgoing regime.

The CNPP claimed that Fayose was not accountable to the people of the state and principles of probity and transparency were relegated to the background hence the need to probe his handling of the state funds.

In a statement on Thursday by its Publicity Secretary, Deacon Olu Akomolafe, the Ekiti CNPP urged Fayemi to bring to justice everybody involved in the alleged mismanagement of state resources in the last four years.

Akomolafe suggested that looking into records of all transactions done and ascertaining the level of both domestic and foreign loans by Fayose with a view to setting the records straight for the people to know the true position of things should be the immediate priority of Fayemi.

He said: “It is regrettable that, what has happened under Fayose’s administration could only be best described as an aberration and taboo of a roadside trading where anything goes due to lack of law and regulation in an uncivilised society.

“Various financial reliefs including Budget Support Fund, Paris Club loans, statutory allocations and bailout cash collected by Fayose were reported to have been diverted by him to personal use at the expense of hapless civil servants and Ekiti masses.

“It is on records that, Mr. Fayose in the last four years through family and cronies have executed and still executing not less than forty personal projects across various locations in Ado Ekiti alone, whereas the number of projects executed on behalf of Ekiti government by Fayose are said to be lesser than that in reality.

“Therefore, the onus is on the new administration in the state to ensure everything is done within the law to bring to book, everybody involved in the mismanagement of the state resources.

“It is, to say the least, that, Ekiti state is in the need of overhauling and remodelling both in image and economy to fast-track a real development against what had been witnessed under Fayose’s regime in the last four years.

“The development was not to witch-hunt anybody but rather to ascertain the economic status of the state in order to allow the new administration to know where to kick-start its development strides for the people.”

The CNPP, however, enjoined Dr. Fayemi to revisit some of laudable policies and programmes embarked upon during his first term to include; stipends for aged Citizens, Volunteer scheme and youths in Agriculture among others aimed to banish poverty in the state.

Sourced from The Nation report

Source: News Express

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