KWSG denies borrowing N93bn, says Saheed Popoola lied

Date: 2022-03-31

The Kwara State government has denied borrowing N193bn over the last three years, describing the claim by Hon. Saheed Popoola is false and totally out of line.

In a statement by the Honourable Commissioner for Communications, Bode Towoju, the government said the interest of the people is paramount to Governor AbdulRahman AbdulRazaq and urged the people to beware of rumour mongers who have started springing up poorly-calculated mischief in a bid to mislead the populace for selfish political gains.

Reacting to a claim by Hon. Popoola on a radio programme in which the lawmaker mischievously alleged that the administration has taken a total of N93bn loan since coming on board in 2019, Towoju said the claim is outright falsehood.

"The N93 billion loan claim is spurious. How can you come up with such preposterous propaganda when the facts of what the administration received are in the public domain? The government has spoken extensively on the bond it took as well as the budget support/loan refinancing facility," the statement said.

"There is a debt stock of N93 billion naira. For the sake of emphasis, as against the unfounded claims, the totality of this loan was not accrued over the last three years under the leadership of the Executive Governor of Kwara State, Mallam Abdulrahman AbdulRazaq.

"The past administrations left a foreign loan of 43 million dollars. This is apart from the domestic debt of over 63 billion nairas that this administration met on the ground.

"This administration, for the three years it has spent, has only taken a bond of 27 billion naira, out of which only N12billion has been drawn so far. The effect of what the administration has access to can be seen in the numerous projects that are ongoing across the state.

"Some N18.6 billion refinancing facility has also been given to all the states, including Kwara State, by the Federal government to cushion the effects of the repayment of loans taken by past administrations and as a form of budget support."

He said the loan secured by the present administration was for projects like the ongoing Gen. Tunde Idiagbon flyover at Tankein Ilorin, the two campuses of the Kwara State University in Osi and Ilesha Baruba that were abandoned by the past administration and other monumental projects, Osi-Obboroad, Ilesha Gwanara Road, and the many other roads, and other giant projects that are ongoing.

Towoju advised Hon. Saheed Popoola to focus on the legislative business for which the people of the Ojomu-Balogun constituency elected him, rather than chasing his shadow on the radio.

The Commissioner called on Kwarans to get their Permanent Voters Cards(PVCs) and focus on the numerous achievements of the governor, without paving way for "rumour mongers" and "fake news carriers" even as the 2023 elections draw near.

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Kwara Muslim Pilgrims Welfare Board     Muslim Stakeholders Of Kwara State     Shonga Farm Project     2023 Elections     Ibrahim Taiwo     Kisira     Kazeem Oladepo     Kwara Hotel     Nigeria Customs Service     Durbar     Arik     Kwara United     Salake     University Road     Abdulrasheed Lafia     March 28     Lateef Fagbemi     Micheal Imodu-Ganmo Road     Ibrahim Taiwo Road     Ojo Fadumila     Naira Redesign     Sulyman Age AbdulKareem     Ilofa     Mahee Abdulkadir     Muritala Awodun     Muhammed Akanbi     Yusuf Babatunde Abdulwahab     V.O. Abioye     Mohammed Tunde-Jimoh     Garment Factory     Radio SBS     Allocation     Alfa Modibbo Belgore     Rafiu Ajakaye     Idowu Laro     Eruku     Bamidele Aluko     Bahago     Umar Gunu     Baba Isale     Quareeb Islamic Association     Sunday Popo-Ola     Waheed Ibrahim     Segun Adeniyi     Maryam Nurudeen     Abdullahi Biffo     Dairo Kunle Paul     Post Utme     Convocation Ceremonies     Mogaji Aare     Michael Nzekwe     Oju Ekun Sarumi     Olatunji Ibrahim     IsDB     Nurudeen Mohammed     Shagari     Alfa Modibo Belgore     Ghali Alaaya     Toun Okewale-Sonaiya     Saliu Ajibola Ajia     Oyawoye     Mohammed Saidu     CCT     Awili Pedro     Onilorin Of Ilorin     Manzuma     Ilorin Descendants Progressive Union     Ibraheem Abdullateef     Sola Saraki University     Saba Jibril     SGBN     Valsolar     Kwara Politics     Umar Ayinla Saro     Kunle Akogun     Amos Justus Sayo     Ijagbo Health Centre    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Paul Olawoore     Ilorin West/Asa Federal Constituency     March 18     Valsolar Consortium     Kayode Yusuf     Ilorin Talaka Parapo     Raimi Iyanda     Quarry Royal Valley     Tsaragi/Share     Raliat Islamic Foundation     Charles Ibitoye     Iyabo Dupe Adekeye     Twitter     Olawuyi     CLAY POT     Dauda Adeniran Adeshola     Oyelere Oyinloye     Unilorin FM     Waziri Yakubu Gobir     Bola Tinubu     Akorede     Yakubu Dogara     IEDPU     Mohammed Ghali Alaaya     Jani Ibrahim     Abdulraheem Yusuf     Ishak Mohammed Sabi     11th Galadima     Iyiola Oyedepo     Jalala     Binta Sulyman     Barakat Community Secondary School     Abubakar Bature Sulu-Gambari     Salake     Chartered Institute Of Personnel Management Of Nigeria     Mohammed Alabi Lawal     Abdulfatai Baakini     Na\'Allah     Victor Gbenga Yusuf     Ibrahim Jawondo     Moronfoye     Abdulkadir Jimoh     Taofik Abdulkareem Babaita     Dumagi     Temi Kolawole     Muhammad-Mustapha Suleiman     Usman Rifun     Segun Olawoyin     Ayedun     Kisra     Shola Odetundun     Aisha Ahman Pategi     Saad Omo Iya     Ahmed Ayinla Jimoh     M.Y. Abdulrahaman     Savannah Centre For Diplomacy, Democracy And Development     Adesina Simon Sodiya     RTEAN     Congress For National Consensus     SSA Youth Engagement     Abdullahi Saadudeen Alikinla     Alapansapa     Adegoke Bamidele     Ubandawaki     Shaaba Lafiagi     Arinola Lawal     Amusa Bello     Kawu     Kwara 2019     Zainab Abass     Deji Ajani     Iyabo Adewuyi     Babatunde Idiagbon     Dauda Adesola     Federal College Of Education (Special), Afon     Alaiye     Afolayan