by Segun Odeleye
The new Ekiti governor, Ayo Fayose, delivered an inauguration speech on Thursday that was very critical of the administration of his predecessor, Kayode Fayemi.
One area in which Fayose did not spare Fayemi was in the area of the states debt profile. He said the level of indebtedness of the state makes “his heart bleed”.
Fayose’s speech was however unclear on how much was being owed – he said the state was indebted by over N49bn, then he itemised the several things which constituted the state’s debt and the total came to N57.45bn, and then he also claimed that the debt was N84bn.
However, the camp of former governor Fayemi, on Friday denied the claims by the new governor, asking him to read his handover notes first before making comments on the debt.
Speaking with newsmen in Ado-Ekiti, Fayemi’s Commissioner for Information, Mr Tayo Ekundayo, explained that all credit facilities obtained by the immediate past administration were documented and made public. He said that the Fayemi government obtained a N25 billion bond which he used in financing various projects, and has already paid N14 billion.
“Fayose should study the handing over note carefully before making unnecessary noise about the debt profile of Ekiti. We heard him saying that the debt profile of Ekiti state now stands at N84billion. I want to say that it is nothing near that figure. We have noticed that tendency in the past but we have refused to join issues with him.
“It is too early for Fayose to be talking about us, he should understand that there is a difference between being a candidate of a party and executive of a state,” he said.