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Nairaland Forum / Nairaland / General / Politics / Oyo Assembly Approves 10 Billion Loan For Makinde (14862 Views)
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Oyo Assembly Approves 10 Billion Loan For Makinde by Difrent: 9:31am On Jul 24, 2019 |
Oyo State House of Assembly has approved the request of the executive arm to obtain N10 billion loan to improve infrastructure in the state. The lawmakers approved the loan, which will be obtained from First Bank of Nigeria (FBN), United Bank Africa (UBA) and Unity Bank, during plenary yesterday. Speaking on the urgent need for swift approval of the request, the speaker, Adebo Ogundoyin, noted that the fund would enable the Governor Seyi Makinde-led administration to hit the ground running. According to him, the state’s financials demand external source of fund to build good roads and other facilities for the people.He said, “We cannot keep complaining about the financial mess in which we have found ourselves, because governance is a continuum. We just have to take responsibility and move on.” https://guardian.ng/news/oyo-assembly-approves-n10b-loan-for-makinde/amp/ 1 Like 1 Share |
Re: Oyo Assembly Approves 10 Billion Loan For Makinde by Omalle: 9:34am On Jul 24, 2019 |
Now now u don start to borrow? 42 Likes 4 Shares |
Re: Oyo Assembly Approves 10 Billion Loan For Makinde by Amuocha: 9:35am On Jul 24, 2019 |
Great |
Re: Oyo Assembly Approves 10 Billion Loan For Makinde by Difrent: 9:38am On Jul 24, 2019 |
Rubber stamp legislature.... Approve loan within minutes of being read without any explanation on the purpose of the loan........ I thought this man promised to do things differently, is this how he intends to govern the state into debts? Where are all the innovation he promised to introduce to improve the states finances?....when those who knows are telling him to promise little they were called enemies, they said Oyo state has money, Ajimobi was just being wicked and not spending the mooney now their eyes have opened to the reality. 50 Likes 3 Shares |
Re: Oyo Assembly Approves 10 Billion Loan For Makinde by ayusco85(m): 9:38am On Jul 24, 2019 |
Is this not the billionaire governor? Why couldn't he borrow the state some of his billions 39 Likes 5 Shares |
Re: Oyo Assembly Approves 10 Billion Loan For Makinde by Difrent: 9:38am On Jul 24, 2019 |
Rubber stamp legislature.... Approve loan within minutes of being read without any explanation on the purpose of the loan........ I thought this man promised to do things differently, is this how he intends to govern the state into debts? Where are all the innovation he promised to introduce to improve the states finances?....when those who knows are telling him to promise little they were called enemies, they said Oyo state has money, Ajimobi was just being wicked and not spending the money now their eyes have opened to the reality. 9 Likes |
Re: Oyo Assembly Approves 10 Billion Loan For Makinde by Bolustical: 9:39am On Jul 24, 2019 |
The loan is not what matters, it's if it will be judiciously used for its purpose. Unfortunately, the legislature will not be able to question the governor on how it was used since they are all his boys. Truly, we need to work more on the independence of the state legislature. 15 Likes 2 Shares |
Re: Oyo Assembly Approves 10 Billion Loan For Makinde by Bolustical: 9:39am On Jul 24, 2019 |
I hope we all know that this debt will be added to national debt when NBS/DMO releases the stats on debt. So before you start shouting on how indebted Nigeria is under Buhari, please check how much your state(s) contributed to it. 37 Likes 3 Shares |
Re: Oyo Assembly Approves 10 Billion Loan For Makinde by ainas247: 9:39am On Jul 24, 2019 |
Re: Oyo Assembly Approves 10 Billion Loan For Makinde by AntiWailer: 9:39am On Jul 24, 2019 |
Ok good 2 Likes 1 Share |
Re: Oyo Assembly Approves 10 Billion Loan For Makinde by Ventura1: 9:41am On Jul 24, 2019 |
Difrent: How long does it take to reason properly? Do you think everyone will be like Pres. Buhari that take forever to choose Ministers and ended up selecting rubbish. 16 Likes 5 Shares |
Re: Oyo Assembly Approves 10 Billion Loan For Makinde by September13: 9:41am On Jul 24, 2019 |
All of dem na d same Shebi he's complaining of inheriting debt niii E don start e own too Shior!!! 10 Likes |
Re: Oyo Assembly Approves 10 Billion Loan For Makinde by iammo(m): 9:41am On Jul 24, 2019 |
Makinde just entered.oo, PDP are irredeemable liars,. This guy openly said Ajimobi was not doing much and Oyo state is very rich only that tinibu's alphabeta steals everything... Now before even preparing a proper budget of his own, he wants to borrow 10bn from uba at an intrest rate of over 20% without telling us what its for, This is my problem.with an engineer handling finacial administration... that was how Aregbe borrowed 1000% higher than his state income and intrest rate started mutiplying the loan astronomically Oga was cancelling all Goverment Revenue stream to form Mr charity, common school levy of 1000 per.term, oga.cancelled. he even brought Auxiliary back to the state... same NURTW boss arrested in connection to crime .. 33 Likes 4 Shares |
Re: Oyo Assembly Approves 10 Billion Loan For Makinde by nerorex01: 9:42am On Jul 24, 2019 |
wow |
Re: Oyo Assembly Approves 10 Billion Loan For Makinde by mascotblaze(m): 9:42am On Jul 24, 2019 |
ayusco85:Seriously? 2 Likes |
Re: Oyo Assembly Approves 10 Billion Loan For Makinde by success2010: 9:42am On Jul 24, 2019 |
Difrent:Quite unfortunate, that our people contribute without objectivity 2 Likes |
Re: Oyo Assembly Approves 10 Billion Loan For Makinde by freeman1010: 9:42am On Jul 24, 2019 |
This is a good move by the Oyo house of assembly 4 Likes |
Re: Oyo Assembly Approves 10 Billion Loan For Makinde by jordyspices: 9:42am On Jul 24, 2019 |
Africa money uga dey chop am yafuyafu 1 Like |
Re: Oyo Assembly Approves 10 Billion Loan For Makinde by SAMTOBIJU(m): 9:43am On Jul 24, 2019 |
Difrent:You are saying Nonsense. So, he will use his personal money to run the state Abi. When Ajimobi was leaving, how much did he leave in the government purse. Mr Man, go and eat, it seems you are hungry. Progressive my foot... 12 Likes 2 Shares |
Re: Oyo Assembly Approves 10 Billion Loan For Makinde by obembet(f): 9:43am On Jul 24, 2019 |
Just less than 4 months. What if happen after 4yrs 3 Likes |
Re: Oyo Assembly Approves 10 Billion Loan For Makinde by berbs: 9:49am On Jul 24, 2019 |
Abeg! What exactly is the 10billion meant for 2 Likes 1 Share |
Re: Oyo Assembly Approves 10 Billion Loan For Makinde by ajayiopy: 9:49am On Jul 24, 2019 |
Difrent:can somebody advise me on the debt profile of OYO STATE? 1 Like |
Re: Oyo Assembly Approves 10 Billion Loan For Makinde by ayusco85(m): 9:50am On Jul 24, 2019 |
mascotblaze: Unseriously |
Re: Oyo Assembly Approves 10 Billion Loan For Makinde by anigbajumo(m): 9:50am On Jul 24, 2019 |
E b like say we Don enter one chance,this one no even wait till like a year b4 he starts borrowing.... |
Re: Oyo Assembly Approves 10 Billion Loan For Makinde by ajayiopy: 9:51am On Jul 24, 2019 |
obembet:HE NEEDS TO SETTLE THOSE WHO SPONSORED HIM FOR ELECTION ,SO THAT HE CAN CONCENTRATE ON HIS OFFICE. MO SORRY GAN NI-------O.Y.O NA UNA DEY? 2 Likes |
Re: Oyo Assembly Approves 10 Billion Loan For Makinde by Difrent: 9:55am On Jul 24, 2019 |
SAMTOBIJU: Are you mad? Where did I mention him using his money, I only asked where are the innovations he promised, did he say he was going to plunge Oyo into debts? Mr man I know Seyi is not yet sharing money to you hungry folks that voted for him so I understand your misery but don't drag me into it 9 Likes |
Re: Oyo Assembly Approves 10 Billion Loan For Makinde by Drey1: 9:56am On Jul 24, 2019 |
Making is working while the haters will keep complaining and finding faults in these . Throughout Ajimobis 8years, we know read am for nairaland how much he got from loan o, anyways, N.B if you're not comfortable, Go and collectnyour own loan too from gbomule lanta . 1 Like 1 Share |
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