Ondo PDP, APC Clash Over Akeredolu’s N50bn Bond | Sahara Reporters

Ondo OfficialPDPNig, OfficialAPCNg Clash Over RotimiAkeredolu’s N50bn Bond | Sahara Reporters Akeredolu, who observers claim is eyeing a second term in office, said that he requested the approval for the N50bn bond from the Ondo State...READ MORE:

The Peoples Democratic Party and All Progressives Congress in Ondo have disagreed over the N50bn bond recently initiated by the state governor, Rotimi Akeredolu, to fund infrastructural development.

Ayo Fadaka, a stalwart of the PDP in Ondo and its Publicity Secretary in the Southwest, accused the government of Akeredolu of wasting the state's resources.“What does he need N50bn bond for, what infrastructure is he pursuing? What we do know of his intention is that he is already looking for funds to buy votes during the next election.“When you talk about infrastructural development, you must have a budget before you go and borrow money.

He said, “The recent approval by the Ondo State House of Assembly for Rotimi Akeredolu to access a loan of 50bn calls for deep concern. Reacting to the allegation by the PDP, a chieftain of the APC in the state, Ayoola Bamidele, said Akeredolu had the right to seek a bond in the capital market. Also reacting to the allegation by the PDP, spokesperson for the state government, Donald Ojogo, said that Akeredolu will not dwell on baseless issues.

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