Fayose seeks Support to stop Governors from Borrowing beyond their Tenures
Ekiti State Governor Ayo Fayose has asked for the support of Nigerians in stopping governors from borrowing beyond their tenures.
He met a debt of over N70 billion when he resumed office, he wrote, which the state services with N1 billion monthly.
He added that he owes civil servants salaries in arrears of 4 months, as July’s was paid on Friday.
See his tweets below:
I wish to urge Nigerians to support my position that State Governors must not be allowed to borrow money beyond their tenure. A governor whose tenure will end in 2019 must not be allowed to borrow money that will be repaid till 2020.
When I was forced out of office on October 16, 2006, I left over N10bn in Ekiti State treasury. I came back exactly 8 years after to meet over N70bn debt. That debt, we are servicing with over N1bn monthly.
As at today, we are owing Ekiti State Civil servants 4 months salary. We paid July 2017 salary two days ago and we will keep striving to reduce the debt on workers salary.
I’m not among those Nigerians that goes about lying to their people. There are States where workers are being paid half salary and they are telling Nigerians that workers are not being owed salary. In Ekiti, we are owing salary and we are making efforts to pay.
More Stories
UPDATE: FEC APPROVES N47.9TN BUDGET FOR 2025
The proposed national budget of ₦47.9 trillion for the fiscal year 2025 has been approved by the Federal Executive Council....
ONDO GUBER POLL: INEC BEGINS DISTRIBUTION OF SENSITIVE MATERIALS
Ahead of Saturday's governorship election, the Independent National Electoral Commission (INEC) has started distributing sensitive materials to Ondo State's local...
BREAKING: FG PROPOSES N47.9TRN AS 2025 BUDGET
The federal government has proposed N47.9 trillion as the total expenditure in the 2025 budget. The minister of finance and...
JUST IN: REMAINS OF LATE COAS LAGBAJA ARRIVE ABUJA FOR FUNERAL
Lieutenant General Taoreed Lagbaja, the late Chief of Army Staff, will be buried on Friday in Abuja once his body...
EFCC ADMITS YAHAYA BELLO’S CO-DEFENDANTS TO BAIL, SEEKS ADJOURNMENT TO NOV 27 IN ALLEGED FRAUD CASE
The 30-day timeframe for the previously issued summons is still open, according to the Economic and Financial Crimes Commission (EFCC),...
BREAKING: FIRE GUTS LAGOS FACTORY, DESTROYS GOODS
A fire outbreak in a factory in Lagos on Wednesday night destroyed some goods estimated to be worth billions of...