Investor Nigeria
  • Home
  • Business
  • Crytocurrency
  • Investment
  • Politics
  • Energy
  • Science
  • Tech
Investor Nigeria
  • Home
  • Business
  • Crytocurrency
  • Investment
  • Politics
  • Energy
  • Science
  • Tech
No Result
View All Result
Investor Nigeria
No Result
View All Result

Kwara, PDP disagree over N35bn bond

admin by admin
August 24, 2021
in Politics
0
399
SHARES
2.3k
VIEWS
Share on FacebookShare on Twitter



THE Kwara State chapter of the Peoples Democratic Get together and officers of the state authorities have disagreed over the propriety of gathering N35bn bond from the Central Financial institution of Nigeria.

Whereas the state authorities insisted that that it wanted the funds for infrastructural improvement, the principle opposition get together argued that the All Progressives Congress-led administration was embarking on “reckless borrowing.”

Chief Press Secretary to the governor, Rafiu Ajakaye, stated, “Everybody complains that Kwara stays massively depending on handouts from the centre.

“The bond will fund some ongoing initiatives to completion, and do many extra. These initiatives embrace the deserted Kwara State College Campuses at Osi and Ilesha Baruba, Ilesha Gwanara Highway; and some others. These are initiatives inherited from the previous administration.

“Kwara is basically an agrarian state. Atop the blessing of wealthy arable land, it has wealthy tourism potentials. Kwara is residence to the Owu Fall, the best waterfall in West Africa.”

Nonetheless, PDP in a press release signed by its state Publicity Secretary, Tunde Ashaolu, stated, “The general public outcry that has greeted the federal government’s deliberate borrowing has proven that majority of Kwarans weren’t in assist of this plan.

“Although we aren’t towards borrowing to fund infrastructure, the State authorities has nonetheless not demonstrated any sincerity, transparency and accountability on the problem as the entire course of has been shrouded in secrecy.

“Extra worrisome is that the federal government is driving the method via an unregistered firm and unknown people.”

.Copyright PUNCH.

All rights reserved. This materials, and different digital content material on this web site, will not be reproduced, revealed, broadcast, rewritten or redistributed in entire or partly with out prior specific written permission from PUNCH.

Contact: [email protected]

Previous Post

Asia-Pacific markets set for combined begin; Hong Kong’s Cling Seng in bear territory

Next Post

Grazing reserves: Ortom threatens authorized motion in opposition to Buhari

Next Post

Grazing reserves: Ortom threatens authorized motion in opposition to Buhari

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Category

  • Business
  • Crytocurrency
  • Energy
  • Investment
  • Politics
  • Science
  • Tech

Advertise

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis. Learn more

Meta

  • Register
  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

Follow Us

Recent News

Subscribe – Businessday NG

March 26, 2022

Subscribe – Businessday NG

March 26, 2022
  • About Us
  • Contact
  • EULA Policy
  • Privacy Policy
  • Terms and Conditons
  • Disclaimer

© 2021 Investor Nigeria - All rights reserved by Investor Nigeria.

No Result
View All Result
  • Home
  • Business
  • Crytocurrency
  • Investment
  • Politics
  • Energy
  • Science
  • Tech

© 2021 Investor Nigeria - All rights reserved by Investor Nigeria.