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Edo State owes a total of $179.52m as of June 30, which is 4.91 per cent of the country’s subnational foreign debts.With an external debt of $41.19m in 2010, Edo State, for instance, was not among the most indebted states in the country, but during this change during Oshiomhole regime. However, by the end of December 2015, the state’s external debt profile had leapt to $168.19m, showing a difference of $127m. This means that the state’s external debt rose by 308.34 per cent in five years. Many Edo people don't quite understand why Gov. Oshiomhole is going the extra mile to make sure that his benefactor, Godwin Obaseki succeeds him as Edo governor. Oshiomhole have borrowed significant amount of money from foreign agencies like the world Bank and others. He has also raised money from selling government bonds locally. All the borrowing were done using Godwin Obaseki's private finance company as consultants representing government in the negotiations. So much to say about conflict of interest. Obaseki who heads the state economic team recommended his private company as the consulting firm that advised Edo government on money matters. His personal company or companies that he has an interest in represented Edo government in all the negotiations. Godwin Obaseki's firm earned a commission and a fixed payment for the services it rendered to Edo government. At the same time he was personally employed by the government and he's on the government's pay book. Not bad for a government that's fighting corruption.It is very clear to see why Oshiomhole would put his head through the eye of a needle to make Obaseki governor. Oshiomhole couldn't have done anything in government without Obaseki. If there are any dirty deals to cover up, Obaseki is the man to do the job efficiently. He knows everthing about Oshiomole's government than the governor himself. If Obaseki succeeds Oshiomhole, Edo people will never know how all the borrowed money was expended. And thats why we must Vote for Ize Iyamu so he can help us investigate Oshiomhole mismanagement of edo funds
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Im interested and i reside in lagos. how can i get in touch with you? |
go to any Nearest Living Faith Church aka Winners Chapel branch Around you. its the best place you can worship |
no two ways abt it. we are tired of APC Government here in edo state. Edo State is PDP. #SayNoToOshiomholeDGodfather |
u just made a senseless post. why dont u just keep quiet if u dont have anything to say |
APC should not waste their time. Edo state is For POI. they have noting on ground to campaign with. Ize Iyamu all the way to Osadebey House |
On a serious Note, Buhari should do something about the suffering of the masses |
From Glory to Glory. My father in the Lord and also My mentor. I tap from ur Grace |
The Only Foreign investment in Edo State |
Shawty say she no want the Body ooo, na the Money oooooo[color=#990000][/color][b][/b] |
God Bless My Mom |