N100bn loan: Alao threatens Makinde with legal action
threatened Governor Seyi Makinde of the state with legal action if the Governor goes ahead to borrow the sum of one hundred billion naira loan.Makinde had on Wednesday announced his plan to borrow money for the construction of some roads in the state
In a statement made available to DAILY POST in Ibadan through his Media Aide, Omotayo Iyanda, Alao described the move by Makinde to borrow the loan as a way to throw the hardworking and innocent citizens of the state into a perpetual financial burden which might be difficult to be liquidated in scores of years to come.
He said, “Makinde, in just about 15 months in power, has taken roughly about N150bn if allowed to take the N100bn he has decided to take. In the genuine spirit of rescuing Oyo State from a leader who behaves like another emperor, we will see to how to stop Governor Makinde from this insincere reckless and clandestine move via litigation if he refuses to listen to voices of reasoning.
“Any sensible man should wonder what has gone wrong with a governor who has spoken against his immediate predecessor, late Senator Isiaka Abiola Ajimobi, in 2018, for taking a loan to the tune of N130bn in seven years.
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