The Ogun State chapter of the Peoples Democratic Party (PDP) has lamented what it called the unquenchable appetite of Governor Dapo Abiodun for borrowing, saying no reasonable government borrows money to pay salaries and take care of other recurrent expenditures.

The PDP said it was worried by the “increasingly disturbing socio-economic realities currently staring the people in the face under the watch of Prince Dapo Abiodun.”
The opposition party said it was unfortunate that “since its emergence, the ruling All Progressives Congress (APC) government has steadily conducted the business of governance in a most insensitive manner.”
It was said that “every sane mind is worried about the unquenchable appetite of the government for unjustifiable loans. The spree of borrowings has become very embarrassing.”
While conceding that quests for financial aid and interventions are not wrong in itself, the PDP, however, stated that all assistance, in form of loans must have a practicable plan, both medium and long term of repayment and clear-cut reasons for such borrowings, stressing that, “No reasonable government accesses loans to pay salaries or other recurrent needs.”
A statement signed by Ogun PDP’s Publicity Secretary, Akinloye Bankole, and made available to DAILY POST on Monday, read in part:
“The situation in Ogun State is so pathetic to the extent that the ruling government is hell-bent on plunging the entire destiny of unborn generation to an endless pit of indebtedness by seeking another 83.5billion without giving full details of what happened to the Post COVID-19 250billion which the State House of Assembly approved around April 2021.
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