• About
  • Advertise
  • Careers
  • Contact
Wednesday, September 2, 2026
  • Login
No Result
View All Result
NEWSLETTER
Reporters At Large
  • Home
  • News
    • World
    • For The Record
    • Metro
    • Opinion
    • Press Releases
  • Business
    • Auto Trend
    • Insurance
  • Politics
  • Tourism
  • Lifestyle
    • People & Events
    • Health
  • RAL TV
    • Video
    • Video News
  • More
    • Advertisement
    • AI Policy & Operational Guideline
    • Privacy
    • Disclaimer
    • Contact Us
  • Home
  • News
    • World
    • For The Record
    • Metro
    • Opinion
    • Press Releases
  • Business
    • Auto Trend
    • Insurance
  • Politics
  • Tourism
  • Lifestyle
    • People & Events
    • Health
  • RAL TV
    • Video
    • Video News
  • More
    • Advertisement
    • AI Policy & Operational Guideline
    • Privacy
    • Disclaimer
    • Contact Us
No Result
View All Result
Reporters At Large
No Result
View All Result
Home Featured

N7.6bn Loan: Oyo PDP Tackles APC For Criticising Makinde

by ReportersAtLarge
October 13, 2019
in Featured, News
Reading Time: 3 mins read
0
PDP vs APC
Share on WhatsappShare on FacebookShare on TwitterShare on Linkedin

The Oyo State chapter of the Peoples Democratic Party (PDP), has discountenanced a statement credited to the state’s chapter of All Progressives Congress (APC) in which it criticised the state Governor, Engineer Seyi Makinde, for seeking the nod of the State House of Assembly to access the N7.6bn loan earlier secured by the administration of Senator Abiola Ajimobi.

The PDP, in a statement by its State Publicity Secretary, Engineer Akeem Olatunji, declared that “a set of morally-bankrupt and profligate politicians cannot group themselves under whatever guise to criticise the prudent, open and people-friendly administration being run by Governor Makinde.”

ADVERTISEMENT

According to the statement, the APC, in the eight years of Governor Ajimobi, practically ran the state aground with “excessive and unjustified borrowing,” adding that a party that produced such leadership was not qualified to criticise Governor Makinde, whom he said has so far demonstrated financial prudence and transparency in the handling of the state’s resources.

The statement read: “The statement by the Oyo State chapter of the APC on the N7.6 billion loan facility was not just mischievous and jaundiced, it was not-well-thought-out since it was only with the sole aim of misinforming people with short memory span.

“We are all witnesses to the suit filed in May this year by the then Governor-elect, Engineer Makinde, with which he sought the injunction of the State High Court to stop the access of Ajimobi’s government to that loan in less than a month to its terminal date.

RelatedPosts

Canada Hikes Funds For International Student Permits

Solutions Journalism Model Set To Transform Oyo News

Pastor Unveils Christian Matchmaking Platform With N700k VIP Plan

“How can the same APC, which produced Ajimobi, whose government had concluded arrangements to spend the money on frivolous projects just five months ago now turn around to claim that the loan was freshly obtained by Governor Makinde?

“We in the PDP are happy with, and are confident in the ability of Governor Makinde to revolutionise the State’s economy through agriculture and agriculture value chain.

“That is why we commend the proposed upgrading of the farm settlements in Eruwa and Akufo to Farm Estates in a pilot scheme that will be used as model for similar projects across the State.”

Olatunji stated that though the PDP would not have loved to join issues with Oyo APC, which he said is suffering from electoral failure-induced amnesia, he stated that it should be made clear that former Governor Abiola Ajimobi, who is APC’s leader in the state, plunged the state into unbridled debts by borrowing over N150 billion in eight years with nothing to show for the loans.

The statement further read: “Oyo APC should not have been caught pointing fingers at Makinde who is working round the clock to clear the mess left behind by the APC government, which borrowed so much but left huge number of abandoned projects and debts that are still being collated by several committees.

“Is it not funny that a party that awarded Iseyin-Ibadan road, mobilised the contractors with N2 billion but had nothing to show for the money; a party that left many abandoned projects within and outside Ibadan, despite having secured and spent loans and bonds for such projects; a party that borrowed so much but failed abysmally in its duties to workers and pensioners, owing billions in pension and gratuity arrears, could point fingers at a focused government like that of Makinde?

“It is not a joke when workers in the state stand boldly to say that Makinde’s achievements in 96 days are equal to Ajimobi’s achievements in 96 months. There are verifiable statistics to back such submissions.

“We will like to place it on record that the only reason that made Governor Makinde approach the Assembly for approval of the access was just in observance of the rule of law. Let us also state that by changing the purpose of the loan from procurement of ‘agriculture equipment’ to the upgrading of farm settlements to the construction of Farm Estates, Oyo State people stand to benefit far more. It is a step in the right direction.

“We, therefore, wish to advise the APC in the state to play politics with decorum, while they play their opposition role without braces of falsehood.”

Tags: Seyi Makinde
SendShareTweetShare
ReportersAtLarge

ReportersAtLarge

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.

More

Canada flag - Study Permit Visa Application - Work Permit
News

Canada Hikes Funds For International Student Permits

by ReportersAtLarge
August 28, 2026
0

Canada is raising living expense thresholds for international student permits starting September 2026. Applicants must meet revised IRCC proof of...

Read moreDetails
Solutions Journalism and Oyo State media
News

Solutions Journalism Model Set To Transform Oyo News

by ReportersAtLarge
August 28, 2026
0

Journalists in Oyo State complete an intensive workshop focused on Solutions Journalism to transform standard news reportage. The session equips...

Read moreDetails
Pastor Kingsley Okonkwo speaking about his new Christian matchmaking platform
News

Pastor Unveils Christian Matchmaking Platform With N700k VIP Plan

by ReportersAtLarge
August 27, 2026
0

Relationship coach Kingsley Okonkwo has launched a new Christian matchmaking platform offering intentional Christian dating and mentoring. The service features...

Read moreDetails
Load More

Leave a Reply Cancel reply

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

Recommended

Godswill Akpabio with Bola Tinubu

Niger Delta Ex-Agitators Warn Against Attacks On Tinubu, Akpabio, Others

2 years ago
Hotel Expo Nigeria - West Africa Annual Premier Exhibition

Hotel Expo Nigeria Set To Showcase Best Of Hospitality Services

3 years ago

Popular News

  • 2026 summer transfer window featuring major football transfers and transfer fees

    2026 Summer Transfer Window: Biggest Deals Closed

    0 shares
    Share 0 Tweet 0
  • Luan Michel Red Card: Sanctions For Gama vs ASA Brawl

    0 shares
    Share 0 Tweet 0
  • European Football Goals Scored August 30 2026: Explosive 25-Goal Fest

    0 shares
    Share 0 Tweet 0
  • Oyo APC Unites Assembly Aspirants Ahead Of 2027 General Elections

    0 shares
    Share 0 Tweet 0
  • Oyo 2027: Can Reconciliation Save APC From Another Defeat?

    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
  • Insurance
  • Lifestyle
  • Metro
  • News
  • Opinion
  • People & Events
  • Politics
  • Press Releases
  • Science & Technology
  • Sponsored
  • Sport
  • Tourism & Culture
  • Video
  • Video News
  • World News

Recent Posts

  • 2026 Summer Transfer Window: Biggest Deals Closed September 2, 2026
  • Luan Michel Red Card: Sanctions For Gama vs ASA Brawl August 31, 2026
  • European Football Goals Scored August 30 2026: Explosive 25-Goal Fest August 31, 2026
  • Oyo APC Unites Assembly Aspirants Ahead Of 2027 General Elections August 30, 2026
  • Oyo 2027: Can Reconciliation Save APC From Another Defeat? August 30, 2026
September 2026
SMTWTFS
 12345
6789101112
13141516171819
20212223242526
27282930 
« Aug    
  • Home
  • News
  • Business
  • Politics
  • Tourism
  • Lifestyle
  • RAL TV
  • More

© 2016-2026 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
    • Insurance
  • Politics
  • Tourism
  • Lifestyle
    • People & Events
    • Health
  • RAL TV
    • Video
    • Video News
  • More
    • Advertisement
    • AI Policy & Operational Guideline
    • Privacy
    • Disclaimer
    • Contact Us

© 2016-2026 RAL - Guided by professionalism

Verified by MonsterInsights