NaijaRoyalty:


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 .

HolyMolly:
Wow that's like a year budget of one state

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NaijaRoyalty:


Fayose was only accused of leaving so much debt. While Fayemi on the other hand clearly stole Ekiti state money to buy himself a 50million Naira water bed few days to his hand over .

The difference is clear .

NaijaRoyalty:


APC leaders are known for blaming other people for their failures

Buhari for example

NaijaRoyalty:


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 .

Tetehjewels:


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

tempest01:
The pertinent question should be how much debt did Fayemi leave, compared to now, so we can gauge the extent.

SenorFax:

You were never aware that Fayemi borrowed $3million from world Bank right??

https://www.premiumtimesng.com/regional/ssouth-west/252830-fayose-provides-details-ekitis-debt-profile.html

NaijaRoyalty:


APC leaders are known for blaming other people for their failures

Buhari for example

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

tempest01:



You're link shows that Fayemi left 86 billion loan for Fayose, now Fayose is leaving 150 billion.

Therefore Fayose accrued 64 billion.

Don't forget according to the APC, Fayemi was operating in time of plenty.

sojiboy:
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/

NaijaRoyalty:


APC leaders are known for blaming other people for their failures

Buhari for example

tempest01:



Your link shows that Fayemi left 86 billion loan for Fayose, now Fayose is leaving 150 billion.

Therefore Fayose accrued 64 billion.

Don't forget according to the APC, Fayemi was operating in time of plenty.

Chinapepe:

Don't mind those uncritical minds. He thinks we've forgotten how he(fayemi) put Ekiti into monumental debt of high proportion? The debt which was responsible for deductions FG made from monthly allocation accruable to the State. Now, he was busy quoting the total sum of monies that's supposed to be the allocations to the State for the four years of Fayose. Why would Fayemi choose not to probe Fayose's govt if he's not a culprit himself? Devil is a liar. I know the man would react at the appropriate time. If you know, you know.

NaijaRoyalty:


Fayose was only accused of leaving so much debt. While Fayemi on the other hand clearly stole Ekiti state money to buy himself a 50million Naira water bed few days to his hand over .

The difference is clear .

7Alexander:
Who we go ask? Has any successive opposition party ever accepted that their predecessor left any money?

SenorFax:

Exactly my point, if Fayemi can borrow that in times of plenty.......