APC tackles Makinde over fresh loan in Oyo
The controversy over the approval of a fresh loan for the Oyo State Government under the leadership of Governor Seyi Makinde by the State House of Assembly has yet to be resolved, DAILY POST gathered. DAILY POST learnt that Makinde had earlier requested the State House of Assembly to approve a fresh loan of ₦100 […] APC tackles Makinde over fresh loan in Oyo
The controversy surrounding the approval of a fresh ₦100 billion loan for the Oyo State Government under Governor Seyi Makinde's leadership remains unresolved, according to reports from the DAILY POST. Makinde had previously sought the State House of Assembly's approval for the loan, which was granted during a plenary session earlier this week.
The approval is not the first time the House has given its consent to such a request; previous loan applications for the state government had also been approved. The decision, however, has sparked mixed reactions.
The Oyo State chapter of the All Progressives Congress (APC) responded to the news by stating that the governor would be required to account for every kobo spent during his tenure once he leaves office. This was conveyed in a statement released by the party's Publicity Secretary, Wasiu Sadare. The statement highlighted APC's condemnation of Makinde's plan to allocate ₦4.2 billion for the upcoming local government elections in the state.
Sadare promised that Makinde and his associates would be compelled to return every kobo of the state's funds misappropriated during his time in office, just after the conclusion of his final term, which is expected in approximately seven months.
Written by urgent.news from Daily Post Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.