From Ben Dunno, Warri
Concerned over the frequency in which Governor Ifeanyi Okowa, had been borrowing monies for the purpose of executing his political campaigns in the forthcoming elections, All Progressives Congress (APC) Governorship candidate in Delta state, Senator Ovie Omo Agege, has warned banks against granting further loans to the state government
It would be recalled that Governor Okowa recently took a N150B loan and had just gotten the approval of Delta state House of Assembly , led by his stooge, Hon Sheriff Oborevwori, PDP Governorship candidate to collect another N40B loan to execute both his PDP Vice Presidential campaign ticket to Atiku Abubakar alongside that of the governorship elections in the state.
But in a swift reaction to the latest loan approval in a statement by his Director, Communications and Media Strategy, Delta APC Campaign Council and Member, APC Presidential Campaign Council, Olorogun Ima Niboro, the Party Governorship flagbear, Omo Agege, warned banks from granting such loans as he would not be compelled to pay if he eventually becomes the governor.
According to statement; “it has come to the knowledge of the All Progressive Congress, APC, and the general public that the government of Delta state is yet again negotiating a loan facility for N40 billion (forty billion naira).
It has therefore become very expedient to warn that any bank, lending institution or credit union which lends or advances money to the government of Delta state, four months to the end of its tenure, does so at it’s own risk.
“It is our understanding that the need for such a facility has not been made public, neither has the purpose for which the credit is being sought”.
“It is also to our knowledge that a bill seeking the approval for such a facility has not been presented before the House of Assembly and neither has approval been obtained”.
“Now therefore be it known to all banks, lending institutions, credit agencies etc that any facility, loan, credit, advancement or borrowing by any other name known, made or advanced to the government of Delta state in the course of the remaining tenure of the present administration will not be acceptable to the people of Delta state”.
“The next administration and the citizens of Delta state will not be further encumbered by the rascality and profligacy of the present government”.
“We state unequivocally that the state is over borrowed and the citizens will not accept the encumbrance and obligations of further borrowing”.
“Any bank, lending institution, credit institution etc which lends or advances money to the government of Delta state at this time, does so at its own risk. Please be warned,” the statement said.