• About
  • Advertise
  • Careers
  • Contact
Thursday, July 24, 2025
  • Login
No Result
View All Result
NEWSLETTER
Reporters At Large
  • Home
  • News
    • World
    • For The Record
    • Metro
    • Opinion
    • Press Releases
  • Business
    • Auto Trend
  • Politics
  • Tourism
  • Lifestyle
    • People & Events
    • Health
  • RAL TV
    • Video
    • Video News
  • More
    • Advertisement
    • Privacy
    • Disclaimer
    • Contact Us
  • Home
  • News
    • World
    • For The Record
    • Metro
    • Opinion
    • Press Releases
  • Business
    • Auto Trend
  • Politics
  • Tourism
  • Lifestyle
    • People & Events
    • Health
  • RAL TV
    • Video
    • Video News
  • More
    • Advertisement
    • Privacy
    • Disclaimer
    • Contact Us
No Result
View All Result
Reporters At Large
No Result
View All Result
Home News

Oyo APC Chieftain, Alao Tasks Makinde To Be Transparent In N50b Loan

by Seyifunmi Odunuga
April 11, 2023
in News
Reading Time: 2 mins read
0
Engineer Oyedele Hakeem Alao with Seyi Makide

Engineer Oyedele Hakeem Alao with Seyi Makide

Share on WhatsappShare on FacebookShare on TwitterShare on Linkedin

A chieftain of the All Progressives Congress (APC) in Oyo State, Engineer Oyedele Hakeem Alao, has called on Governor Seyi Makinde to be transparent with the state’s people when borrowing loans.

Alao, in a statement issued by his Media Office in Ibadan, reacted to the recent approval of the state House of Assembly for the governor to borrow N50 billion. He said Makinde owes it to the people to be explicit about what he wants to use the loan for, giving a breakdown with an estimated budget/cost per project, as he holds his position in trust for them.

According to him, while taking loans is not bad it is incumbent on any leader doing such on behalf of the people to be open to them on reasons for the loans, stating that it is important for Governor Makinde to give a breakdown of what he intends to use the approved N50b for.

The Asiwaju of Irokoland maintained that the days of incurring loans for expensive projects that could be executed at minimal costs and did not significantly affect the lives of the people of the state should be over in the governor’s second term. He insisted that, like in his admonition in his congratulatory message, Governor Makinde should focus more attention on areas that are germane, such as education, security, health, the creation of jobs for the youth, and the the state of the environment.

He disclosed that in the last four years, the governor has borrowed over N100 billion, warning that the governor should refrain from engaging in acts that will further plunge the state into a burdensome financial servitude, which will become a big liability for the state after he leaves office.

RelatedPosts

Mogaji Adanla Champions Cultural Preservation, Lauds Makinde’s Administration At London’s 2025 Ibadan Cultural Festival

Oyo State Local Government Service Commission Releases Promotion Letters For Thousands Of Staff

Court Strikes Out Loan Controversy Case Against Former FirstBank MD, Onasanya

Alao similarly enjoined the state House of Assembly to be circumspect in approving every loan the executive brings to the floor as the lawmakers were elected to represent the interest of the people, noting that the absence of the lawmakers who are members of the APC during the sitting when the loan was approved could not but raise an alarm of the House populated by members of the Peoples Democratic Party (PDP), only doing the bidding of Governor Makinde.

He said, “It is necessary to sound a note of caution to our dear Governor Seyi Makinde on the fresh loan of N50 billion just approved for him by the state House of Assembly. In as much as we do not see taking loans as harmful, our concern remains that there is a need for the governor to tell the people what he wants to use the loan for.

“The people of the state as stakeholders deserve a right for convincing reasons for any loan to be taken on their behalf most especially the economic benefits of the projects to them in order not to mortgage their collective patrimony.”

Tags: Engineer Oyedele Hakeem AlaoOyo State Latest NewsSeyi Makinde
SendShareTweetShare
Seyifunmi Odunuga

Seyifunmi Odunuga

More

News

Mogaji Adanla Champions Cultural Preservation, Lauds Makinde’s Administration At London’s 2025 Ibadan Cultural Festival

by Seyifunmi Odunuga
July 23, 2025
0

Engr. Abduljelyl Adekunle Karheem, the CEO, Afia Group and the Mogaji of Adanla Compound, Ibadan, has called for prioritisation of...

Read moreDetails
News

Oyo State Local Government Service Commission Releases Promotion Letters For Thousands Of Staff

by Seyifunmi Odunuga
July 23, 2025
0

The Oyo State Local Government Service Commission (OYOLGSC) has announced the release of promotion letters for the 2023/2024 promotion exercise,...

Read moreDetails
News

Court Strikes Out Loan Controversy Case Against Former FirstBank MD, Onasanya

by Seyifunmi Odunuga
July 23, 2025
0

Former Group Managing Director of FirstBank Nigeria, Dr Olabisi Onasanya, has said he is now vindicated after the Federal High...

Read moreDetails
Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Kaduna-Abuja train terror attack

Revealed! Untold Story Of Kaduna Train Attack

3 years ago
Rotimi Akeredolu

BREAKING: Ondo Governor, Rotimi Akeredolu, Is Dead

2 years ago

Popular News

  • Mogaji Adanla Champions Cultural Preservation, Lauds Makinde’s Administration At London’s 2025 Ibadan Cultural Festival

    0 shares
    Share 0 Tweet 0
  • Oyo State Local Government Service Commission Releases Promotion Letters For Thousands Of Staff

    0 shares
    Share 0 Tweet 0
  • Empowering Youths through Technology: Hon. Olajide To Commission ICT Hub In Ibadan

    0 shares
    Share 0 Tweet 0
  • Court Strikes Out Loan Controversy Case Against Former FirstBank MD, Onasanya

    0 shares
    Share 0 Tweet 0
  • Nigeria’s Digital Economy Gets Boost As Bill Scales Second Reading

    0 shares
    Share 0 Tweet 0

Connect with us

ADVERTISEMENT

About Us

Reporters At Large is the world’s fastest-growing online news platform and public service broadcaster. We’re impartial and independent, and every day we create distinctive, world-class programmes and content which inform, educate and entertain millions of people in Nigeria and around the world.

With a high level of professionalism, fairness, objectivity, accuracy and speed, we publish Breaking News Nigeria Today Headlines and International news on Politics, Tourism and Travel, Entertainment, Sports, Business Lifestyle and Sports.

Category

  • Auto Trend
  • Breaking Bones
  • Business
  • Columns
  • Entertainment
  • Featured
  • For The Record
  • Health
  • Innovation
  • Lifestyle
  • Metro
  • News
  • Opinion
  • People & Events
  • Politics
  • Press Releases
  • Science & Technology
  • Sponsored
  • Sport
  • Tourism & Culture
  • Video
  • Video News
  • WorldNews

Recent Posts

  • Mogaji Adanla Champions Cultural Preservation, Lauds Makinde’s Administration At London’s 2025 Ibadan Cultural Festival July 23, 2025
  • Oyo State Local Government Service Commission Releases Promotion Letters For Thousands Of Staff July 23, 2025
  • Empowering Youths through Technology: Hon. Olajide To Commission ICT Hub In Ibadan July 23, 2025
  • Court Strikes Out Loan Controversy Case Against Former FirstBank MD, Onasanya July 23, 2025
  • Nigeria’s Digital Economy Gets Boost As Bill Scales Second Reading July 22, 2025
April 2023
SMTWTFS
 1
2345678
9101112131415
16171819202122
23242526272829
30 
« Mar   May »
  • Home
  • News
  • Business
  • Politics
  • Tourism
  • Lifestyle
  • RAL TV
  • More

© 2016-2024 RAL - Guided by professionalism

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • World
    • For The Record
    • Metro
    • Opinion
    • Press Releases
  • Business
    • Auto Trend
  • Politics
  • Tourism
  • Lifestyle
    • People & Events
    • Health
  • RAL TV
    • Video
    • Video News
  • More
    • Advertisement
    • Privacy
    • Disclaimer
    • Contact Us

© 2016-2024 RAL - Guided by professionalism

Verified by MonsterInsights