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Nairaland Forum / Nairaland / General / Politics / Aregbesola Confirms Longevity Of State’s Loans Payment (12748 Views)
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Aregbesola Confirms Longevity Of State’s Loans Payment by edunwablog: 11:20am On May 27, 2018 |
Governor of Osun State, Ogbeni Rauf Aregbesola on Saturday confirmed the longevity of payment of several loans incurred by his administration, which according to him will take many decades. He declared that his conviction about the indispensable nature of education in human development made him to take long time loans to build schools. ” I have taken long time loans to build schools, which will be paid by these children. They will pay it with ease”. Aregbesola made this known at a calisthenics display by students and pupils from various schools across the state, to mark this year Children’s Day in Osogbo, the Osun State capital. He emphasised the need for every child to have access to basic education for the purpose of mental development and strengthening of human personalities, saying it is their “fundamental and inalienable rights.” The Governor maintained that children were custodians of the future and prosperity, hence the necessity of protecting them jealously. He described calisthenics as a sport with imprint of cognitive instrument to develop mental and physical ability. “We are giving quality education to our children as a right, where science and technology take number one”. Akelicious recalls that the Osun State chapter of the Peoples Democratic Party (PDP) had recently accused Governor Rauf Aregbesola of “mortgaging the future of the state through huge loans” due for repayment till 2042. The Chairman of the party, Mr Soji Adagunodo, in a statement challenged Aregbesola to explain to the people of the state how he spent a total of N172billion loan due for repayment between the year 2034 and 2042. He gave the details of the loans to include: N88 billion Naira commercial loans restructured by the CBN and due for repayment in 2034; bailout funds totalling N35Billion to be repaid in 2035 and N49billion from Islamic bank due for repayment in 2042. http://www.akelicious.net/2018/05/aregbesola-confirms-longevity-of-states.html 1 Like
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Re: Aregbesola Confirms Longevity Of State’s Loans Payment by intruxive(m): 11:40am On May 27, 2018 |
Ogbeni carry go, there is physical evidence of what you did with the money. Time will tell if it was worth it 21 Likes 3 Shares |
Re: Aregbesola Confirms Longevity Of State’s Loans Payment by utytill(m): 11:40am On May 27, 2018 |
Aregbe putting igbese on these children and thier generations. 26 Likes 1 Share |
Re: Aregbesola Confirms Longevity Of State’s Loans Payment by obembet(f): 11:47am On May 27, 2018 |
I voted for this man, so I can't blame him...blame me instead for my ignorance. Thank You 13 Likes |
Re: Aregbesola Confirms Longevity Of State’s Loans Payment by DesireKizzy: 11:47am On May 27, 2018 |
Governor of the year 4 Likes |
Re: Aregbesola Confirms Longevity Of State’s Loans Payment by worlexy(m): 11:47am On May 27, 2018 |
Aregbese. Isn't that selfishness, you know you have only 8years to spend but incur a debt that my take almost 40years to be paid. Is he trying to render useless other governors coming after him, having helped them spend Osun future money? Now if the coming ones don't have get capital to do any projects in the state because the debts incurred by Aregbe, people will say their performance is poor. No government should borrow any amount they cant finish paying during their dispensation! 51 Likes 3 Shares |
Re: Aregbesola Confirms Longevity Of State’s Loans Payment by Tolexander: 11:49am On May 27, 2018 |
This he-goat really mortgage our future in Osun State. Yet, some ignorant people will still come to defend it. 29 Likes 2 Shares |
Re: Aregbesola Confirms Longevity Of State’s Loans Payment by Ijaya123: 11:49am On May 27, 2018 |
Ogbeni, I reserve my comment for now till the books are opened for scrutiny. About last night UCL final, and to those who are still pained and saying terrible things about Ramos, it was a fair challenge and both players went down on the impact. Such challenge occur numerous times in football matches. They should quit whining like sore losers. If carefully checked, most people complaining ain't even Liverpool fans. Real Madrid saw their chances and took it. Liverpool lost because Real Madrid was the better team. Pure and simple. It was a game of 11 players against 11 players. A single player being replaced is not enough justification. Had Salah remained on the pitch, would he have prevented the errors of Karius? Look back at Euro2016 final. Ronaldo was substituted in the first half due to injury similar to Salah's yesterday. Portugal still went ahead to win the trophy without Ronaldo. That's the make up of a team that knows how to deliver. At that stage of the competition, Real Madrid was the favourite. And they delivered when it mattered most while Liverpool simply imploded. To all those Barca and Messi fans who suddenly turned Liverpool fans and are still in pain, sorry I can't help you. 7 Likes |
Re: Aregbesola Confirms Longevity Of State’s Loans Payment by Nobody: 11:50am On May 27, 2018 |
Bastard gomino 4 Likes |
Re: Aregbesola Confirms Longevity Of State’s Loans Payment by luvkidtemmy(m): 11:50am On May 27, 2018 |
END TIME GOVERNOR 6 Likes |
Re: Aregbesola Confirms Longevity Of State’s Loans Payment by teamsynergy: 11:50am On May 27, 2018 |
even though he had a good idea about upgrading the education sector in osun, he failed to consider the financial strength of the state. there are ways he could have upgraded the education sector without incurring so much debt. for instance, the opon Imo waste a total was of money. the money could have been used to renovate libraries and stock it with books. so many school in osun are still in dire need of renovation, yet the state in serious debt already. aregbe really goofed in failing to consider the strength of the state. he taught it's alimosho wia u can inflate project and the state won't feel a thing. the incoming govt will seriously be handicapped by aregbes financial recklessness 4 Likes |
Re: Aregbesola Confirms Longevity Of State’s Loans Payment by osazeeblue01: 11:50am On May 27, 2018 |
This man again |
Re: Aregbesola Confirms Longevity Of State’s Loans Payment by kolafolabi(m): 11:50am On May 27, 2018 |
Suffering and smiling 2 Likes |
Re: Aregbesola Confirms Longevity Of State’s Loans Payment by Bolustical: 11:51am On May 27, 2018 |
It is not the debt that matters, it's what you did with them. At least, your projects are development oriented. There's no society that can be truly developed without massive investment in education. BTW, ask those above me castigating the governor what their governors did with their borrowed monies. Delta and Cross River especially. Borrowing money isn't a crime so far it was judiciously spent. 9 Likes 1 Share |
Re: Aregbesola Confirms Longevity Of State’s Loans Payment by zuraking(m): 11:52am On May 27, 2018 |
Aregbe and debt 1 Like |
Re: Aregbesola Confirms Longevity Of State’s Loans Payment by Ballack1(m): 11:53am On May 27, 2018 |
my dear State is in the hand of political maladministrator 3 Likes |
Re: Aregbesola Confirms Longevity Of State’s Loans Payment by engineerboat(m): 11:53am On May 27, 2018 |
Aregbese 3 Likes |
Re: Aregbesola Confirms Longevity Of State’s Loans Payment by Thickcok01: 11:55am On May 27, 2018 |
Aregbe my co-ritualist 1 Like |
Re: Aregbesola Confirms Longevity Of State’s Loans Payment by room089: 11:56am On May 27, 2018 |
Baba you are wicked and selfish! The duration for such loans is so long! Will successive governments burden themselves only with the loan you borrowed even long after you've gone? If you were to be these banks, would you borrow to any other government of Osun state when what the state borrowed is still unpaid? In case you don't know, former governor of Anambra state, Peter Obi paid all his debts and contractors before he left office. Why couldn't you tow that path? 12 Likes |
Re: Aregbesola Confirms Longevity Of State’s Loans Payment by Zico5(m): 12:01pm On May 27, 2018 |
Some imbeciles will still praise him and when the next governor comes on board and couldn't do any project the same APC will come on board to castigate even when they know the fault is theirs and Aregbese. Aregbesola should know Yoruba proverb that " Eni ti o gbin ebu Ika, Omo re a je nibe dandan". May God judge u accordingly if u ve done well for osun people. 7 Likes 2 Shares |
Re: Aregbesola Confirms Longevity Of State’s Loans Payment by Ijaya123: 12:03pm On May 27, 2018 |
zuraking: Which state is not in debt? 1 Like |
Re: Aregbesola Confirms Longevity Of State’s Loans Payment by tico1212(m): 12:07pm On May 27, 2018 |
Well done sir, commissioner for works |
Re: Aregbesola Confirms Longevity Of State’s Loans Payment by Omoniolami: 12:08pm On May 27, 2018 |
This dude is mad, he built schools the kids can't stay in as a result of taxation. Radarada 2 Likes |
Re: Aregbesola Confirms Longevity Of State’s Loans Payment by Robbin7(m): 12:09pm On May 27, 2018 |
Na wa o, dis one na debt in advance o. If na me b dose aspirants no to step down make only him begin rule until he pay finish. Yeye Dey smell!!! 3 Likes |
Re: Aregbesola Confirms Longevity Of State’s Loans Payment by Microfels: 12:10pm On May 27, 2018 |
Bolustical: Yet, the quality of the said education is worsening as you can see from the results of the external examinations in the state. That is what you get when you think investing in school buildings at the expense of teachers' welfare, books and laboratory equipment is the same as investing in education. 12 Likes 3 Shares |
Re: Aregbesola Confirms Longevity Of State’s Loans Payment by Rigel95(m): 12:11pm On May 27, 2018 |
Aregbese has mortgaged the future of Osun. 2 Likes |
Re: Aregbesola Confirms Longevity Of State’s Loans Payment by ygenius: 12:11pm On May 27, 2018 |
Se Aregbesola mo age mi ni ? Kilo mean? |
Re: Aregbesola Confirms Longevity Of State’s Loans Payment by Powerexpert: 12:15pm On May 27, 2018 |
The citizens are in for it. Over-bloated projects sum all at the detriment of the citizens. Looking forward to a plain audit of Osun's account 2 Likes |
Re: Aregbesola Confirms Longevity Of State’s Loans Payment by Firefire(m): 12:16pm On May 27, 2018 |
Fraudulent being 3 Likes |
Re: Aregbesola Confirms Longevity Of State’s Loans Payment by engineerboat(m): 12:18pm On May 27, 2018 |
onigbese aregbese baba-gbese 2 Likes |
Re: Aregbesola Confirms Longevity Of State’s Loans Payment by Nobody: 12:20pm On May 27, 2018 |
intruxive: yeah.. you know the only job a governor has is just building roads, as long as governor build some kilometers of road, he is allowed to fail in all other aspecta-Nigeria logic. 3 Likes 1 Share |
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