Alleged N117bn Debt: Fayose Asks Fayemi To Wait For Handover Notes

While it remains 35 days to leave the office, Ayodele Fayose, the outgoing Ekiti state governor, on Sunday says his handover notes are fully ready for the scrutiny of people making enquiries about his government.

The reports of News Agency of Nigeria disclosed that the governor did not cooperate with the Transition Committee set up by Dr Kayode Fayemi, the incoming-Governor.

The outgoing governor snubbed the request by the committee, for certain records of his tenure.

Fayose claimed the committee is illegal.

Mr Ayodele Fayose, in a statement by his Special Assistant on Public Communications and New Media, Lere Olayinka, advised the Governor-elect to stop spreading falsehood about him or the finances of his administration.

Fayose described as mere fabrication, the claim that his government had accumulated a total debt of N117 billion as against the N18 billion it inherited.

Fayemi is “already preparing excuses for his impending failure at the tribunal”, Fayose said.

The outgoing governor insisted that the State Government under him has no obligation to relate with any committee not empowered by law, explaining that the governor-elect should wait for the handing over note that will be handed to him on October 16, 2018.

Fayose said it was funny that the same Transition Committee that claimed it did not get any information from the Ekiti State government estimated the state debt at N117 billion.

The governor reiterated that his government only received N10 billion grant from the Excess Crude Account, which was given to all states for capital projects as well as Budget Support fund released to states by the Federal Government.

“It is on record that Ekiti State Government was indebted to the tune of N86, 013,689,097 as at October 16, 2014, that Governor Fayose took over.

“The debts are broken down as follows: Bank Loans; N15, 831,613,425.62, Bond; N26, 749,796,784.75, Outstanding Warrants; N15, 522,552,900.76, Outstanding to Road Contractors; N21, 286,126,749, Outstanding Remittances to FG; N709, 883,656.75, Outstanding Remittances (State Govt); N592, 995,374.89 and EKSG Public Servants Outstanding Emoluments; N5, 137,888,224.37,” he said.

Fayose counselled Fayemi to face the task of “defending the mandate that he stole and his fraudulent emergence as the APC candidate instead of treading the usual path of deceiving the public to cover up his failure”,

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