The All Progressives Congress (APC) condemned the Ondo State House of Assembly, led by Speaker Mrs. Jumoke Akindele, for its approval of the whooping sum of a N7 billion loan for the embattled government of Governor Olusegun Mimiko.
On Tuesday, the House Assembly approved the State government’s request to accept a N7 billion bridging loan from the Zenith Bank Plc. Governor Mimiko’s administration allegedly claimed the funds from the loan would be utilized to complete developmental projects across the 18 Local Government Areas (LGAs) of Ondo State.
In a press statement issued on Wednesday, and obtained by a SaharaReporters correspondent, the Director of Media and Publicity of APC in Ondo State, Steve Otaloro, said the reason for the party’s apprehension was due to Governor Mimiko’s previous failure to satisfactorily disburse bailout funds already granted to it by the Federal Government.
“The APC would not have raised an eyebrow over the new loan if those previously obtained had been used to better the lots of millions of Ondo State citizens”, he said.
Mr. Otaloro decried the latest move to borrow more as callous and uncalled for.
“The APC wishes to remind the Jumoke Akindele-led House of Assembly that its members should stop being a mere ‘rubber stamp’ in the hands of the Executive,” Mr. Otaloro noted.
The Party accused Governor Mimiko of squandering the Federal Government’s bailout funds, intended for the payment of works salaries, on the purchase of cars for recent appointees in Ondo State.
The press statement concluded with a plea directed at Governor Mimiko to, “tread softly and learn from former Governors of other States who are currently facing various court cases across the country over their stewardship.”