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I left N20 billion in Ondo State coffers, says Olusegun Mimiko

By Oluwaseun Akingboye, Akure   |   09 March 2017   |   4:40 am

Olusegun Mimiko

Rebuffs N150b debt claims by APC

The immediate past government in Ondo State led by Dr. Olusegun Mimiko said it left N20 billion in the state coffers, refuting allegations by the ruling All Progressives Congress (APC) that it inherited N150 billion debt.

It said the claim by the APC spokesperson, Mr. Abayomi Adesanya, that the new government met a debt profile of N150b, “is a lie from the pit of hell.”

It advised the APC to face the business of governance instead of indulging in cheap blackmail that won’t justify its mandate. The Commissioner for Information in the last administration, Mr. Kayode Akinmade, reacting to the debt profile claim in Akure yesterday, said the Mimiko administration which did not enter into any contractual obligation to warrant any increase in the external debt inherited by it when it assumed office eight years ago, was able to reduce the debt profile to $49.9 million.

He said Adesanya is obviously intimidated by the performance record of the past government and will rather continue with his pre-election falsehood and lie-selling to seek attention, than live with the reality.

Akinmade explained that the foreign debt were overseas contracted obligations initiated by the two previous governments before the immediate past one.

He put the domestic debts incurred by the last administration at about N53 billion with salary arrears of about N20 billion, submitting however that the Mimiko-led government left over N20 billion in the state’s coffers for the APC government.




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  • Flash

    …and workers salaries remained on paid?

  • Law

    Gov. Mimiko, I advise you to close your mouth. Any Governor that failed to pay salary of workers is a total failure. I urge you to go to Gov. Peter Obi school of good governance. Gov. Akeredolu, do not go style of PMB which has manifestly failed the nation. Avoid blame game. Face the music of governance with seriousness it deserves. God willing you shall triumph for the good people of Ondo.

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  • Fada4Life

    This Mr Kayode Akinmade well at all so…… how can Mimiko left N20billions naira in the state confer and was owing staff salaries N20billions what sense is in that…….. does it mean Mimiko was just too wicked to know that staff welfare was paramount in any administration or he was so daft to know he supposed to have reduced the 7months salaries arrears to a month before he leave office. yeye talk

    • Spade

      Thank u my brother, in Ondo state now things were so bad that even a N20 gift will be so appreciated to the point of unbelieves, does Akinmade thought everybody reading him is a fool, Mimiko is owing both the workers and contractors billions of Naira so how can he leave N20 billion, in fact the last bail out from the FGN was diverted and shared with his friends, who is fooling who?

  • Egbele Tom Amos

    It is baneful…

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