Governor Rauf Aregbesola of Osun state.
The Osun State chapter of the Peoples Democratic Party (PDP) has accused Governor Rauf Aregbesola of mortgaging the way forward for the state by means of large mortgage due for reimbursement until 2042.
Chairman of the party, Soji Adagunodo, in a press assertion on Friday in Osogbo, challenged Aregbesola to clarify to the folks of the state how he spent a whole of N172billion mortgage due for reimbursement between the 12 months 2034 and 2042.
He gave the small print of the loans to incorporate: N88 billion Naira business loans restructured by the CBN and due for reimbursement in 2034; bailout funds totalling N35Billion to be repaid in 2035 and N49billion from Islamic bank due for reimbursement in 2042.
Adagunodo additionally alleged that the governor had secretly awarded some contracts to his cronies during which “sums were fully paid in most cases”.
The PDP Chairman maintained that Osun state, on whose behalf these “humongous money owed “have been incurred, have the proper to know why they don't have any worth for the monies anticipated to be paid over such a lengthy time period.
Adagunodo stated; “The governor ought to clarify to Osun folks why the three main highway tasks which he has typically boasted haven't progressed past 30 % 5 years after the contracts have been awarded in secret and contract sums absolutely paid most often.
“The tasks are the Osogbo-Ikirun Ila Odo highway awarded in 2012 and anticipated to be accomplished in 24 months, the Gbongan- Akoda highway awarded in April 2013 and the 18 kilometre Osogbo East By-pass awarded over 5 years in the past.
“Ogbeni Rauf Aregbesola boasted severally in late 2011 that Osun travellers would now not need to undergo the rigour of Iwo highway roundabout each time they have been heading to Lagos in view of a new highway that will hyperlink them straight to Ijebu igbo-Sagamu to Lagos.
“Regrettably, solely 20 % of that highway has been accomplished regardless of greater than eight billion Naira paid to the contractors dealing with the tasks.
“What made these contracts and the unending cost variations suspicious was the fact that the companies handling them are suspected to have strong links to persons in government both at the national and state level.”