“Makinde condemned the past administration for incurring a debt of about N90b in eight years, but within his 14-month sojourn, he is about incurring a debt of about N150b. OyoState would be in debt and would find it difficult to get out.” Nigeria
The group described the proposal as laying the foundation to Oyo State’s developmental perdition.
The group maintained that the bond was tantamount to sending unborn generation into future suffering, several years after the administration would have ended. “He also said we would be exporting maize to Botswana to increase revenue. He said within six months, Oyo State, under his watch, would no longer go cap in hand to Abuja to beg for federal allocation. Obviously, all these were mere rhetorics to hoodwink our people to submit their mandate. After a year and two months, he is plunging the state into a debt burden”.
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