The Transition Committee set up by Ekiti State governor-elect, Dr. Kayode Fayemi, has revealed that the state’s debt profile has ballooned to N117 billion under the administration of outgoing Governor Ayo Fayose.

The panel said the latest debt figure which was sourced from the Debt Management Office (DMO) was outside salary, pension and gratuity arrears, compensation to majority of owners of houses demolished for Ado-Ekiti flyover and debt owed contractors, among others.

According to DMO, the total debt left by Fayemi in 2014 was N18 billion which was disputed by Fayose who claimed his predecessor left N85 billion debt.

The revelation came to light Friday evening when the committee chaired by a former federal lawmaker, Senator Olubunmi Adetunmbi, submitted its report to the governor elect at the Conference Hall of AB Hotel, Ado-Ekiti, the state capital.

The ceremony was witnessed by the deputy governor-elect, Chief Bisi Egbeyemi, wife of the governor-elect, Mrs. Bisi Fayemi, All Progressives Congress (APC) members in the House of Assembly, party leaders and members.

Adetunmbi revealed that the outgoing Fayose-led administration did not set up a committee of its own to interact with it and did not release any document to facilitate its assignment.

He said: “The sub-committees of this Transition Committee met with 76 interest groups including labour unions, interest groups, civil society bodies, development partners who assisted with information of what is going on in the outgoing administration.

“The report being submitted today represents the voice of the people that voted you (Fayemi) in and it contains what they want in the short term, medium term and in the long term.

“As at the last time the DMO released official debt figures, Ekiti is owing N117 billion.”

Responding, Fayemi said while he leaves the outgoing government to God, he is focused on making a difference in the life of the people of Ekiti State despite the challenges ahead.

He also urged the incoming House of Assembly to consider and enact a Transition Act that will stipulate the duties of an outgoing administration and an incoming administration to pave the way for seamless transfer of power.

Such law, according to him, is in operation in African countries like Ghana, Kenya, South Africa and other advanced democracies in other parts of the world.

Fayemi said: “The chairman (Adetunmbi) talks about liabilities, that is what government is all about, assets and liabilities, government is a continuum.

“We are not unmindful of the fact that there will be debts but we are focused on our agenda to make a difference in the lives of our people.

“So for us, we leave whatever that is done by the outgoing government to God and God will handle that in the best way possible.

“We want to focus on making the difference in the life of our people, so our people remain our priority.

“We hope some reason will prevail between now and inauguration day for the outgoing government to come up with the information this committee has been asking for since it was inaugurated.”

Fayemi disclosed that he spoke with some development partners and investors willing to work with his government during a recent trip to China who demanded the report of the committee.

While commending the Adetunmbi-led panel for a job well done, Fayemi promised to study the report and ensure a thorough implementation in the interest of Ekiti people.

He expressed delight that the committee recommended agriculture as the number one focus to turn around the fortunes of the state in revenue
generation and job creation initiatives.

The governor-elect who promised to hit the ground running immediately he is sworn into office on October 16 also charged aspirants to national and state legislatures in the All Progressives Congress (APC) to familiarize themselves with the contents of the report.

Fayemi added that with the completion of the assignment of the Transition Committee, the Inauguration Committee now begins its assignment fully.


http://thenationonlineng.net/n117b-debt-i-leave-fayose-to-god-fayemi/

Same Fayose that set up a panel that indict you over corruption during your last tenure Dont leave Fayose to God.Probe,convict & punish him with facts(if you have any) & in accordance to the law as you have earlier said.

And who do we leave u and PMB to??

we will leave Buhari and Rochas to who then?

It will take forever if you handle him to God punishment. Send the son of bitch to prison and his co. travellers,involved in dubious acts.

Probe &charge him 2court if he mismanaged d state's resources.
why leave him 2God while d people wallow in misery?

Wonders shall never end!
Who is in the better position to set up transition committee in the first place? At times we are overzealous and inordinate in this country in total disregard to the level education. How can a Phd hoder be so folly at this regard.
Even if it is fit to set up such committee, I think the mandate should have been towards ensuring seamless transition and not reeling out stats and data which is appropriate to be divulged by constitutionally-empowered regime.
All is well with APC

yns4real:
The Transition Committee set up by Ekiti State governor-elect, Dr. Kayode Fayemi, has revealed that the state’s debt profile has ballooned to N117 billion under the administration of outgoing Governor Ayo Fayose.

The panel said the latest debt figure which was sourced from the Debt Management Office (DMO) was outside salary, pension and gratuity arrears, compensation to majority of owners of houses demolished for Ado-Ekiti flyover and debt owed contractors, among others.

According to DMO, the total debt left by Fayemi in 2014 was N18 billion which was disputed by Fayose who claimed his predecessor left N85 billion debt.

The revelation came to light Friday evening when the committee chaired by a former federal lawmaker, Senator Olubunmi Adetunmbi, submitted its report to the governor elect at the Conference Hall of AB Hotel, Ado-Ekiti, the state capital.

The ceremony was witnessed by the deputy governor-elect, Chief Bisi Egbeyemi, wife of the governor-elect, Mrs. Bisi Fayemi, All Progressives Congress (APC) members in the House of Assembly, party leaders and members.

Adetunmbi revealed that the outgoing Fayose-led administration did not set up a committee of its own to interact with it and did not release any document to facilitate its assignment.

He said: “The sub-committees of this Transition Committee met with 76 interest groups including labour unions, interest groups, civil society bodies, development partners who assisted with information of what is going on in the outgoing administration.

“The report being submitted today represents the voice of the people that voted you (Fayemi) in and it contains what they want in the short term, medium term and in the long term.

“As at the last time the DMO released official debt figures, Ekiti is owing N117 billion.”

Responding, Fayemi said while he leaves the outgoing government to God, he is focused on making a difference in the life of the people of Ekiti State despite the challenges ahead.

He also urged the incoming House of Assembly to consider and enact a Transition Act that will stipulate the duties of an outgoing administration and an incoming administration to pave the way for seamless transfer of power.

Such law, according to him, is in operation in African countries like Ghana, Kenya, South Africa and other advanced democracies in other parts of the world.

Fayemi said: “The chairman (Adetunmbi) talks about liabilities, that is what government is all about, assets and liabilities, government is a continuum.

“We are not unmindful of the fact that there will be debts but we are focused on our agenda to make a difference in the lives of our people.

“So for us, we leave whatever that is done by the outgoing government to God and God will handle that in the best way possible.

“We want to focus on making the difference in the life of our people, so our people remain our priority.

“We hope some reason will prevail between now and inauguration day for the outgoing government to come up with the information this committee has been asking for since it was inaugurated.”

Fayemi disclosed that he spoke with some development partners and investors willing to work with his government during a recent trip to China who demanded the report of the committee.

While commending the Adetunmbi-led panel for a job well done, Fayemi promised to study the report and ensure a thorough implementation in the interest of Ekiti people.

He expressed delight that the committee recommended agriculture as the number one focus to turn around the fortunes of the state in revenue
generation and job creation initiatives.

The governor-elect who promised to hit the ground running immediately he is sworn into office on October 16 also charged aspirants to national and state legislatures in the All Progressives Congress (APC) to familiarize themselves with the contents of the report.

Fayemi added that with the completion of the assignment of the Transition Committee, the Inauguration Committee now begins its assignment fully.


http://thenationonlineng.net/n117b-debt-i-leave-fayose-to-god-fayemi/

U knew of this even before the primary election.

So what exactly did u come to do in the government house?

You too and like a poison to the real Ekiti people....

This has nothing to do with God, Dr. Fayemi.

If Fayose truly helped himself and his cronies with the state fund, then probe him and get him prosecuted.

The laws and the courts aren't for decoration.

God will not do for men what they can do themselves.

PDP and evil i remember when Amaechi was leaving office in 2015 he left a debt of 20billion in 8yrs and PDP were complaining and called Amaechi all sort of names.

Immediately Wike was sworn in he borrowed 90billion in first three months June-August 2015 that was made public but because of the out cry in Rivers state he refused to make subsequent borrowing public, who knows how much he has added to the already borrowed one in the first three months.

Now another PDP governor Fayose, Wike's twin brother is leaving 117billion debt for incoming governor Fayemi.

I only wish that wisdom were the kind of thing that flowed … from the vessel that was full to the one that was empty.


Socrates

THIS IS NOT MY PROBLEM AT ALL... My problem now is how to rewind the time back to 1930s To locate Buharis father and give him condom.

Come on...why won't these scumbags allow God to even have some chill time. They seriously need to quit calling his name in vain and irrelevance.

You are leaving him to God because you know he has dirt on you from your first tenure.

He who must come to the table of equity must do so with a well washed hand.

Enjoy my siggy

This country is finished...if they're no other things to it why shouldn't you follow what the constitution says...rubbish!

KenOne:
PDP and evil i remember when Amaechi was leaving office in 2015 he left a debt of 20billion in 8yrs and PDP were complaining and called Amaechi all sort of names.

Immediately Wike was sworn in he borrowed 90billion in first three months June-August 2015 that was made public but because of the out cry in Rivers state he refused to make subsequent borrowing public, who knows how much he has added to the already borrowed one in the first three months.

Now another PDP governor Fayose, Wike's twin brother is leaving 117billion debt for incoming governor Fayemi.

Where is so called Thief Amaechi? He is now a Saint in your party right?

If I konk u en