OSUN: GOV ADELEKE REFUTES CLAIMS OF TAKING 10BN LOANS FOR STATE PROJECTS
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The Governor of Osun State, Ademola Adeleke, has refuted rumors going viral that his administration has borrowed N10 billion from foreign entities thus far.
According to a prior allegation, the governor allegedly obtained loans totaling N10,022,382,348.40 billion from various foreign entities and organizations in 2023.
In response, Governor Adeleke refuted the report in a statement released on Monday by his spokesperson, Mallam Olawale Rasheed, stating he hasn’t borrowed a kobo since the beginning of his administration.
Describing the report as fake, the governor stated that he has not, at any point since he assumed office, “taken any loan either through a resolution of the State Executive Council or that of the State House of Assembly.”
He explained that what the report referred to as loans were World Bank Development financing, which, according to him, was inherited from the previous administrations.
The governor insisted that all the projects executed in the state, including the dualization of roads, the overhead bridges, the school, health centre upgrades and several road projects, were being funded through special project accounts created by the state government.
“No responsible government will abandon a series of World Bank projects which are already household names across the Federation and which have benefited so many residents.
“We reaffirm again that Governor Adeleke has not borrowed a kobo since assuming office. Inherited liabilities and contracts cannot be tagged on the Governor of the Year on Infrastructure”, the statement added.
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