Mimiko Left Over N220bn Debt – Akeredolu
When Governor Oluwarotimi Akeredolu of Ondo State swore-in new commissioners and special advisers on Wednesday, the main issue he highlighted was the debt burden the state has been battling with.
He told the audience that his administration inherited a debt of N220.58bn and the last thing he needed was acts that could further push the state into deep economic crisis.
He advised the people of the state to refrain from such acts.
But his claim about the debt legacy was promptly attacked by a former commissioner for Information during the Mimiko administration, Mr Kayode Akinmade.
Akinmade said that Mimiko left N20billion in the kitty of the state government.
He skirted the issue of debt and also did not explain why Mimiko failed to match the N38.64 billion left in the kitty of the state government by his predecessor, Gov.Olusegun Agagu.
Akeredolu said with a debt of more than N220 billion, it was not difficult for anyone to know that the government’s capacity for adjustment to cater for the people had been stretched to its limit.
According to him Internal Debt of N53.15billion constituted almost a quarter of the debt legacy.
However, Akeredolu promised to provide the needed leadership to move the state forward.
“We will continue to strive to keep that vow within the available resources. We can turn things around positively,” he said.
The governor also congratulated the commissioners and special assistants, adding that they should use this opportunity to make a difference in the lives of the people.
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