FAYOSE LEFT #155.79BILLION DEBT –FAYEMI

….as Ekiti Speaker flays ex –gov for denying them salaries and furniture allowances

Ekiti State Governor, Dr Kayode Fayemi has put the debts left behind by his predecessor, Ayodele Fayose at #155,791,785,214.08.
Delivering the State of the State address at the State House of Assembly, governor Fayemi said the sum was the total debt profile of Ekiti State as at 16th October, 2018.

Fayemi said he inherited "a State that was in total chaos and a people severely disorientated under a suppressive government who had raised and promoted deceit into statecraft".

Fayemi spoke just as the Speaker of the House , Hon Adediran Alagbada lamented that the immediate past administration of ex-Governor Fayose, denied the House members their salaries and furniture allowances despite making appropriations that covered such expenses.
The governor stated that his administration had distanced itself from "political witch-hunting and media trials to score cheap political goals" but decided to give the State of the State in order to use the "lessons of the past to create the future of our dreams".

Fayemi disclosed that Ekiti State under Fayose received #184.83 billion as income between 2014 and 2018; noting that the former governor had no reason to owe salaries given the huge revenue that accrued to the State during the immediate past administration.
While giving a breakdown of the debt profile, Fayemi said though borrowing is in itself not a bad thing, borrowing to fund self-serving and unproductive projects is unpatriotic.

He gave the breakdown of the debt as follows:
Loans and bonds #57,694,460,298.79; salary arrears #16,777,257,608.52; outstanding leave bonus #4,402,585,167.53; corpers allowances #28,883,959.00; outstanding subventions #4,770,676,870.98; pension and gratuity arrears #39,775,919,872.02, and outstanding contractors claims #28,575,946,572.25.
Others include Outstanding furniture allowance #470,266,137.09; severance allowance #586,144,167.51; monitized vehicle arrears #101,243,387.24; outstanding warrants #386,77,450.64; outstanding FIRS obligation #184,215,623.43; Traditional rulers arrears #150,214,204.10; judgement debts #95,048,963.35 and other outstanding liabilities #1,792,144,931.62.
Fayemi said the debt profile was a product of the audit carried out by Pricewater Coopers (PWC).

The governor stated that he had used the first 100 days of his administration to "lay the needed foundation to restore our values and restore Ekiti State to its rightful position in the comity of States".

"This is our first stewardship in the series of others to be witnessed in the life of this administration in the fulfilment of our obligation to Ekiti people. As a government, we are more interested in building and strengthening institutions rather than wielding powers or self aggrandizement. This is the world best practice in governance and we are proud to thread that path to attain speedy economic recovery and value restoration for Ekiti State", he said.

He called on corporate organisations, donor agencies, the federal government and Ekiti people to support his administration in moving Ekiti State forward "economically, socially and politically".

Speaking on the forthcoming election, Fayemi urged everyone to play by the rules and be law abiding; urging Ekiti people to use the election to consolidate the gains of his administration in the last 100 days.

In his remarks, the Speaker of the Assembly, Rt Hon Adeniran Alagbada said Ekiti people have now got "new hope through the policies and programmes of the Fayemi-led government".

Alagbada who said the 100 days of Fayemi in government is "better than the four years of Fayose" called on Ekiti people to rally support for the governor to succeed.
He lamented the poor treatment meted out to members of the House by the fayose administration, inspite of their support for the former Governor.

He said, the House had it on record that it made appropriation for for all government expemses and that it was sad that despite their support the former Governor denied them their salaries, allowances and furniture allowances  were well provided for in the four budgets they passed during the duration of the administration.

https://www.worldstagegroup.com/fayose-left-n155-79b-debt-fayemi/amp/

Who we go ask? Has any successive opposition party ever accepted that their predecessor left any money?

Stop complaining and get to work

Kk

Why are you running to become Nigeria's president?

Oby:
To form a coalition against APC & PDP

Atiku:
To sell Nigeria's assets & enrich my friends or are they not entitled to be enriched?

Buhari:
To build infrastructure, secure & enrich all Nigerians

Nigerians:
#SaiBuhari

A focused governor unlike Fayose the Jester

Fayose ought to be in jail by now

Investors and all money makers shouldn't forget IdeaFlavour tonight




I don't want us to miss out on anything in IdeaFlavour website . .

Expensive ponmo.

NaijaRoyalty:
Stop complaining and get to work

So he should not make public the outcome of a state audit?

Hahahaha If it's true... Den fayose na really beast e need crowd beating

NaijaRoyalty:
Stop complaining and get to work

Get some sympathy dude!

Tetehjewels:


So he should not make public the outcome of a state audit?

APC leaders are known for blaming other people for their failures

Buhari for example

NaijaRoyalty:
Stop complaining and get to work

And u expect naija to move forward when what you lousy PDP have been doing is complaining about buhari

Stop complaining abt buhari too

APC too like DEBT

ada9ja:


And u expect naija to move forward when what you lousy PDP have been doing is complaining about buhari

Stop complaining abt buhari too

Leave them wailing their life up and down...by the time they finish with Nigeria everyone will see

ada9ja:


And u expect naija to move forward when what you lousy PDP have been doing is complaining about buhari

Stop complaining abt buhari too

You didn't make sense in your comment .

If truly fayose left so much debt, Fayemi know what to do if he's got evidence

But we know it's all a lie to tarnish Fayoses image .

Blood of WizKid!



May it never be well with Fayose's generations!

This guy fooled Ekiti people. Eating on the street and looting their future.

Ekiti can't get out of that debt in 2decades. They have eaten their future via stomach infrastructure.

Nothing to show for it.

Fayemi just dey manufacture figures everyday.

Oga, quit making the usual APC trademark excuses and go and clear the imaginary debt. Government is a continuum.

NaijaRoyalty:


APC leaders are known for blaming other people for their failures

Buhari for example

This has nothing to do with APC. He was making public an audit report of the state.

That to me is transparency.

Fayose a PDP looter was a fraud as PDP is always known for

Ask apc FG if they released state funds to fayose

Tetehjewels:


This has nothing to do with APC. He was making public an audit report of the state.

That to me is transparency.

Fayose a PDP looter was a fraud as PDP is always known for

Fayemi or whatever he called himself is yet to clear his name on the 50million Naira waterbed he acquired with Ekiti state money few days to his hand over to fayose in his first term .

Fayemi is a thief

It is a big shame for the administration!

Also a big shame for their supporter even though they won't see the bad side of it....

What an excuse.

The next thing now is that he won't work.


Ekiti people una don enter


Enjoy the change

NaijaRoyalty:


Fayemi or whatever he caller himself is yet to clear his name on the 50million Naira waterbed he acquired with Ekiti state money few days to his hand over to fayose in his first term .

Fayemi is a thief

Oh suddenly an 150billion naira thief like fayose is now being compared to someone who bought a 50million naira bed.

I hope you know your maths because I doubt you do.

The person you are calling a thief, his 100 days in office has been rated far better than the 4 years of fayose in government

Hmmm. I guess it's time we see the new deal in Fayose's Era of stomach infrastructure. Lol