The APC governorship candidate, Mr. Godwin Obaseki has averred that Edo State is not owing any bank a kobo. He made this declaration today in an interview while fielding questions posed to him on how he intends to bring development to Edo state.
Mr. Obaseki answered various questions bothering on his various contributions to the current administration and now he hopes to build on the achievements and carry on the positive legacies of the outgoing government headed by the comrade governor Adams Oshimhole.
"Edo is not one of the most indebted state states in the country, if you go to the website of the debt management office and check the loans of state, Edo total outstanding is less than N50bn. Our total annual IGR is about N25bn, so even if we didn't do anything at all, two years of our IGR will pay off our total outstanding. And the interesting thing is, we are not owing any bank a dime. The type of debt we have is the type states government should have, these are long dated debts.
Most of these debts are 15years, 20 years tenured with moratorium and with less than 2percent interests."

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