Home News Fayose inaugurates Transition Committee, laments Ekiti debt profile

Fayose inaugurates Transition Committee, laments Ekiti debt profile


Fayose inaugurates Transition Committee, laments Ekiti debt profileADO-EKITI – Governor-elect Ayodele Fayose of Ekiti State on Wednesday inaugurated a nine-man Transition Committee for the smooth take off of his administration on Oct. 16.

Fayose, who performed the ceremony in Ado-Ekiti, said nobody in the party had been penciled down for any appointment, “except two people that I have promised and those were on conditional grounds.’’

“I want to passionately appeal to members of the committee against turning the position into political appointments.

“You are to work with the government’s team when it is constituted to find out the situation of the treasury of the state’’, he said.

He warned those with political ambitions in the Peoples Democratic Party (PDP) in 2015 against name-dropping.

Fayose charged the committee members not to use the opportunity to fight the State Government.

“You just have to get the facts and let the people be aware of the situation on ground.

“Only those with grassroots connection will be used for future elections in PDP.

“I advise anyone with political ambition to desist from using his name to intimidate other interested members’’, he said.

He described the debt profile of the state under Gov. Kayode Fayemi as worrisome and disturbing.

Fayose said that Fayemi’s government had plunged the state into huge debt.

“The debt is so much that we will have to sensitise the members of the public on the situation on ground because of high expectations in town.

“Available records show that Fayemi has taken N25 billion loan and only eight billion naira has been paid back; this is disturbing and worrisome.

“They are also diverting the money for salaries to pay contractors that have not been on ground in the last one year.

“This administration is doing all these so that they can incur huge debt just for me not to have a smooth sail.”

He said that he left N10.4 billion in the coffers when he left government.


Fayose said that today, “we are inheriting debt; I have to let the people know because of the expectations in
town on my administration.

“With the situation on the ground, Ekiti situation is not promising at all because there is no magic to perform when there is no money.

“I want the APC to realise that they will still need these Ekiti people they were trying to punish again and it will be wrong to toy with their future.

“I want to plead with Fayemi to pay the salaries of workers.’’

Reacting to the debt profile allegation, the Commissioner for Information, Mr Tayo Ekundayo, advised Fayose to stop attacking the government and wait until he takes over before start making policy statements.

He said N13 billion had been paid back out of the bond taken by Fayemi’s government.

Ekundayo said that government had not taken other loans apart
from the N25 billion that was borrowed from the capital market.

He said, “does Fayose  has the account of the state? We have never
hidden anything from the people, he is a governor-elect and he must not jump the gun.

“He cannot be commenting on issue  he has no record about and he must stop making comments until he takes over to be able to ask about the finances of the state.”

Members of the committee include: Mr Dipo Anisulowo (Chairman), Mrs Modupe Alade (Secretary), Pastor Kola Oluwawole, Mr Owoseeni Ajayi and Rev. Wale Komolafe.

Others are: Mr Biodun Alasoluyi, Mr Benjamin Komolafe, Mr Seye Alade and Mr Dayo Ajayi. (NAN)


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