A bunch of Ekiti Involved Professionals has recommended the DMO report that opposite to claims by Governor Abiodun Oyebanjii of Ekiti State that his authorities has not borrowed a penny since assuming Workplace in 2023, official data from the Debt Administration Workplace (DMO), have disproved the governor’s claims, revealing a mortgage inventory of $31 million between June 2023 and December 2024.
The DMO’s inventory of exterior money owed by states, FCT, and the Federal Authorities masking the interval between June 30, 2023 and December 42, 2024, revealed that Ekiti State’s exterior debt rose from $103,479,209.05 to $134,586,529.60 throughout the interval.
This revelation by the DMO got here amidst the chest thumbing and self adulation by the governor of getting not borrowed to finance infrastructure and growth tasks within the state.
Governor Oyebanji has not too long ago elevated the tenor of propaganda and his impetuous media marketing campaign as he seeks endorsement for a second time period, regardless of obtrusive proof of non efficiency to deserving a second time period.
The Governor’s endorsement searching for mission has induced the state large {financial} sources because the state’s former governors, previous and current nationwide meeting members, conventional rulers, in addition to outstanding opinion leaders within the state have allegedly been induced with irresistible {financial} provides.
In the same vein, the state authorities claimed in 2024 that it spent a whopping N3.7 billion for the engagement of youth in labour intensive tasks within the state, a declare that can also be falling flat within the face of no proof of such tasks throughout the state as youth unemployment stays excessive and at an alarming stage.
In the meantime, many residents within the state surprise what the loans have been used for as a number of roads within the state in impassable and begging for consideration.
Certainly, lots of the entry and exit roads to the state are in a deplorable situation, forcing motorists and commuters to resort to taking farther routes earlier than attending to their locations.
