Kwara PDP tack­les govt over N23bn bond

Daily Trust - - NEWS - From Ab­dul­la­teef Aliyu, Ilorin

Kwara State chap­ter of the Peo­ples Demo­cratic Party (PDP) at the weekend kicked against plans by the state govern­ment to source a N23 bil­lion bond from the cap­i­tal mar­ket.

The party in a state­ment by its care­taker com­mit­tee chair­man, Solomon Edoja, ac­cused nthe govern­ment of “em­bark­ing on end­less bond sourc­ing with no gen­uine rea­sons, all with the mo­tives of im­pov­er­ish­ing and liq­ui­dat­ing the fi­nan­cial base of the state”.

The party said it passed a vote of no con­fi­dence on the state govern­ment for its fail­ure to “im­ple­ment people ori­ented pro­grammes to erad­i­cate poverty”.

The PDP also queried the ra­tio­nale for the loan, urg­ing it to em­u­late other state gov­ern­ments which im­ple­ment people-ori­ented pro­grammes with­out sourc­ing for loan.

“Why can’t Kwara State govern­ment bor­row a leaf from states whose federal al­lo­ca­tion fall in its cat­e­gories and still per­form won­der­fully well in the de­liv­ery of the div­i­dends of democ­racy with­out tak­ing a dime from banks ei­ther in bond or the likes?, the party said.

But the state govern­ment in a re­ac­tion de­scribed the PDP’s com­ment as a de­lib­er­ate act of mis­chief tar­geted at in­cit­ing the pub­lic against the govern­ment, say­ing the ploy to dis­credit the govern­ment would fail.

The state govern­ment ac­cused the party of “at­tempt­ing to incite pub­lic dis­af­fec­tion through mis­chief and dis­in­for­ma­tion”.

The govern­ment in a state­ment de­scribed the PDP’s crit­i­cism of its poli­cies as the lat­est “in a fu­tile cam­paign of fal­lacy and mis­chief against a high-per­form­ing govern­ment”.

The state­ment read in part: “The PDP is ei­ther com­pletely out of touch with re­al­ity or plainly ig­no­rant of pub­lic sec­tor fi­nance. It is ob­vi­ous to all but the mis­chievous that Gover­nor Ab­dul­fa­tah Ahmed has re­mained high-per­form­ing since in­cep­tion through life­trans­form­ing pro­grammes. These in­clude the em­ploy­ment of 5000 youths, dis­burse­ment of N640 mil­lion to co­op­er­a­tives, ar­ti­sans and trans­porters, the re­duc­tion in KWASU fees, abol­ish­ing of tu­ition fees at se­nior sec­ondary school level, pay­ment of bur­saries to stu­dents, re­ha­bil­i­ta­tion of five gen­eral hos­pi­tals and mas­sive over­haul of road, en­ergy, ed­u­ca­tion and wa­ter in­fra­struc­ture, to men­tion a few”.

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