Stakeholders of the All Progressives Congress, APC, in the outer city zone of Ibadanland, Oyo State, have called on Governor Seyi Makinde to exercise prudence in the management of the state’s resources. They urged the governor to avoid what they described as extravagant spending and financial mismanagement.
Their concerns stem from the recent controversies surrounding some of the state government’s projects, including the proposed renovation of the Agodi Government House, which is expected to cost a staggering N63.5 billion. Also cited was the payment of N14.3 billion for the purchase of an Instrument Landing System, ILS, intended for the Ladoke Akintola Airport in Ibadan, which is currently undergoing upgrades.
They stated, “Oyo State cannot be classified as financially buoyant, despite the fact that Governor Makinde receives over N22 billion from federal allocations in addition to nearly N10 billion generated internally every month. 'With a public debt hovering around N500 billion, it is alarming that the state government continues to embark on projects that do not align with prudent fiscal planning.
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