Governor Ademola Adeleke of Osun State says he has not taken any loan since he assumed office on November 27, 2022.

Adeleke said this at the second edition of “Ipade Imole”, a forum where he gave stewardship to the people of the state on Tuesday in Ilesa.

The governor said his decision not to take any loan to finance projects was in line with his pledge to govern with available resources only

“In all our governance activities so far, let it be known that we have never borrowed a kobo.

“This is in line with our pledge to govern within our available resources as we manage the huge liabilities we inherited from the previous government.

“If anybody tells you this administration has borrowed money, tell the person he is a liar,” he said.

Speaking on his achievements in the various sectors, Adeleke said his administration was repositioning the mining sector and had also set up a task force to curtail illegal mining in the state.

In health, the governor said that his administration had renovated and upgraded more than 100 Primary Health Care Centres in the state.

He said more than 50,000 persons had benefited from Imole medical outreach with a free enrolment of 29,000 pensioners in the State Health Insurance Scheme.

Adeleke said his administration had also awarded an N1.3 billion water contract for the rehabilitation of the Ora Water Works Scheme servicing the Igbomina area of the state.

On infrastructure development, the governor said that his administration was pursuing massive construction of flyover bridges and road dualisation across the state

He said his administration was also developing agriculture, women development, youth development, and creative development, amongst others.

“We are running a pan-Osun government that is committed to the revival and prosperity of our dear state,” he stated.

seunlayi:
This is good. Please don't take any needless loan

kingar:
Excuses to start borrowing and looting. I pity my country both old and young, rich and poor are all greedy and not fit to govern her.

kolaaderin:

He can't take any loan, he is too shallow to think of what he needs a loan for, Osun state has everything and do not need investment into any future endeavors. All he needs to do as a governor is to continue to pay salaries while the state grows above her income from FG, creating an unsustainable future.

Lanretoye:
Continue to dance for 8 years,dangote borrowed to complete a refinery.some people will see this as an achievement,perhaps he doesn’t have any plan or anything to do with loans as if taking a loan is the problem or what you do with the loan.
No roads,no schools,no employments,no developments is worth celebrating too

kolaaderin:

He can't take any loan, he is too shallow to think of what he needs a loan for, Osun state has everything and do not need investment into any future endeavors. All he needs to do as a governor is to continue to pay salaries while the state grows above her income from FG, creating an unsustainable future.

kolaaderin:

He can't take any loan, he is too shallow to think of what he needs a loan for, Osun state has everything and do not need investment into any future endeavors. All he needs to do as a governor is to continue to pay salaries while the state grows above her income from FG, creating an unsustainable future.

Dennisochampa:


So in other words, he should borrow abi??

tiswell:
When you can't handle your domestic affairs as a man,is it a state that you can handle.




There is nothing to be proud of cos loans means you have done absolutely nothing since becoming governor

RichDad1:

Is there anything bad in borrowing to fund capital projects?

Dennisochampa:
Many people dey say na bad decision not to borrow...

Nigeria dey borrow wella... Una say them too borrow... Una dey complain up and down...

Now una see the one wen say e no go borrow.... Una dey vex up and down....

Nigerians are some of the most confused creatures God ever created....

If he has enough IGR coming in to fund his projects, what should be do with borrowing especially knowing that the state isn't rich enough to finance or service multiple loan facilities??