The Kayode Fayemi Campaign Organisation has raised the alarm over the latest figures released by the Debts Management Office putting Ekiti State’s debts at N117b up from N56b figure it released few months ago.
In its latest table detailing the debts owed by the 36 states of the federation, DMO put Ekiti State debts between October 2014 and 2018 at N117b.
A statement by the Director of Media and Publicity of the Kayode Fayemi Campaign Organisation, Wole Olujobi, accused Governor Ayodele Fayose of profligacy, saying the governor is deliberately piling up debts to help himself while the state remains under the bondage of suffocating debts.
He regretted that despite huge debts owed by Fayose, there is nothing to show for them except an over-priced 800-metre single-lane flyover that cost Ekiti people N17.5b in official records, though quoted at N6b to Ekiti people to escape public anger.
The campaign spokesman said it is callous and unpatriotic to put Ekiti people in difficult condition while the governor enjoyed the best of life.
He said the latest debt figure was wearisome after recent reports indicated that Fayose had allegedly borrowed N9b at an outrageous interest rate from a South South governor to allegedly finance the election of the Deputy Governor, Olusola Eleka, with the condition to repay the debts within six months if Eleka wins the July 14 election.
Asking Fayose to retrieve the alleged stolen N19b allegedly lodged in the accounts of a construction company to address the state’s economic challenges, Olujobi said:
“Paying N9b debt back within six months is a clear signal to workers that they should not expect any salary in the first six months of Eleka’s administration if he wins, even though N19b is allegedly hidden in the accounts of a construction company for safe-keeping for alleged personal comfort.
“We are worried that within four months, Ekiti State’s debts have risen from N56b to N117b without commensurate development projects except reports of property acquisitions across the nation allegedly traced to the governor.
“It is also worrisome that despite the latest DMO’s figure of N117b, Fayose has allegedly borrowed N9b with suffocation conditions from a South South governor to prosecute Eleka’s election.
“This irresponsible transaction has already drawn the anger of the Rivers State indigenes and Rivers State chapter of APC in particular, who urged the two partners to stop spending public funds for private comfort while their people suffer.”
Regretting that Fayose had allegedly turned Ekiti State to a “trading post”, Olujobi asked the governor to account for the bailout and budget support facility he collected to pay salary but were allegedly diverted to self-serving projects.
“Fayose for a very long time denied that he collected N2b ecological fund before he owned up after APC was about getting the facts with the Freedom of Information (FOI) law.
“He denied collecting monthly N1.3b Budget Support Facility for 13 months to pay salary before the Federal Government exposed him.
“Local governments allocations are illegally hijacked with threats while, repeatedly, Fayose lied that he never borrowed one kobo only to be exposed by DMO that he had borrowed N56b, which has now jumped to N117b without the approval of his rubber-stamped House of Assembly.
“By now, Ekiti workers ought to know that by this latest debts figure of N117b, there is no way Fayose can sustain his lie that the state has no money to pay workers; he is deliberately denying workers their entitlements while Ekiti people are denied development projects for the comfort of one man in position of authority.
“This is callous, and a deliberate punishment of Ekiti people by a man who believes that Ekiti State exists only for his private comfort while 2.7m Ekiti people suffer,” he explained.