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.

Okin Biscuits     Yoonus Kola Olatinwo     Mansurat Amuda-Kannike     Abdulmalik Bashir Mopelola Risikatullahi     Bayer AG     Gobir     Sheikh Ridhwanullah El-ilory     Budo-Egba     Ezekiel Yissa Benjamin     Esinniobiwa Quareeb     KWIRS     Offa Grammer School     Lawyers Unite Against Corruption     IESA     Kayode Laro     Adeleke Ogungbe     Adekunle David Dunmade     Nurudeen Mohammed     Kola Bukoye     Usman Alkali Baba     Sulyman Buhari     Muhammed Mahe Abdulkadir     Trade Lenda SME Fair     Gurei     Katibi Ibraheem Adeola     Ilorin Emirate Staff Association     Abdulkadir Remi Hawawu     Bashir Badawi     Abdulrahman Abdulrazaq     Ibrahim Oloriegbe     Mashood Dauda     Adebayo Salami     Students Union Government     IFK     College Of Arabic And Islamic Legal Studies     Amusement Park     Mumini Ishola Hanafi     Hamid Bobboyi     KSIRS     Towobola Abdulrahman Toyin     Mohammed Lawal Bagega     Abdullah Janet Amudat     Kwara State Sports Commission     Nupe     Photo News     Eleja Taiwo Banu     Oasis Muslim Care Foundation     Yunus Oniboki     Muideen Olaniyi Alalade     Maigidasanma     Tsado Manman     Senate Presidency     Maryam A. Garuba     Sherif Shagaya     Micheal Imodu-Ganmo Road     Sa\'adatu Modibbo-Kawu     Ibrahim Jawondo     Yakubu Danladi     Nnazua     Yemi Sanni     SWAN     Hakeem Idris     Lola Ashiru     Kwara State Government     Sulyman Age AbdulKareem     Ado Bayero     Kwara Pdp     Frootify     Isiaka Oniwa     Abubakar Atiku     Babaita     All Confederation Of Principals Of Secondary Schools     Hassan Taiye Salam     Danhawa     Jide Ashonibare     Ilorin Talaka Parapo (ITP)     Kamoru Kadiri    

Cloud Tag: What's trending

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

Ilorin General Hospital     Ishaq Oloyede     Abdulkadir Orire     Tinubu     Oko Erin     Abdulrazaq Sanni     Sadiq Umar     Dan Iya Of Ilorin     Albert Ogunsola     Tanke Road     Mohammed Yahaya Barki     Modupe Oluwole     Isiaka Danmeromu     Women Radio     JUSUN     Kwara State Governor     Kwara Teaching Service Commission     Makama     Alfa Modibbo Belgore     Egbejila     Sanitation Exercise     Owu Fall     Idowu Laro     Nigeria Customs Service     Saduki Lafiagi     Igosun     Gbemi Saraki     Amusa Bello     Mamatu Abdullahi     Aro Yahaya     Gafaru Olayiwola Olorisade     Apaola     Ayinde Oyepitan     Akom Construction And Engineering Synergy Ltd     Chikanda     Oba Sulaiman Asude     Seed Technologies     Joshua Adeyemi Adimula     All Peoples Party     Islamic Development Bank     Salman Suleiman     Muslim Stakeholders Of Kwara State     Tunde Akanbi     RTEAN     Issa Oloruntogun     Olaiya Lawal     Tanke Flyover Bridge     Joseph Yemi Ajayi     SSA Youth     Government House     Kola Bukoye     Ahmad Ali     Madawaki Of Ilorin     Bello Taoheed Abubakar     Ayodele Shittu     Kwara Consultative Forum     Ojuekun Sarumi     Eleja Taiwo Banu     Maigidasanma     Shade Omoniyi     Ridhwanullah Al-Ilory     Emir Of Lafiagi     Yusuf Lawal     Danladi     Aasiyat Bello Oyedepo     Babatunde Ishola Babaita     Mohammed Alabi Lawal     Yusuf Zulu-Gambari     Ogbondoroko     Solomon Edoja     Monthly Sanitation     Yahaya Abdulkareem     Olaoye B. Felix     CLAY POT     Yusuf Amuda Abubakar     College Of Health     Mubarak Oladosu