From Bamigbola Gbolagunte, Akure

Related News

 

Ondo State governor, Mr. Rotimi Akeredolu and his predecessor, Dr. Olusegun Mimiko have disagreed on the debt profile of the state. While Akeredolu alleged that the Mimiko’s administration left a debt of over N220 billion for him, Mimiko declared that his government left over N20 billion in the coffers of the state government. Akeredolu had in his speech at the swearing in of new commissioners alleged that the Mimiko’s government embarked on frivolous projects and took loans from financial institutions in and outside the country. But, Mimiko in a statement issued by former Commissioner for Information, Mr Kayode Akinmade said Akeredolu’s claim was far from the truth. He stated that the present administration had earlier admitted that it met over N20 billion in the coffers of the government. He said “we left N20 billion and this include: N7.37 billion in the Current Account; N7.53 billion as Fixed Deposit; N1.2 billion in the MDG Account; $346,000 and 443,000Euro in the Domiciliary Account, including the N825 million Sure-P fund at the Local Government Account.” “The above amount, most of which came late into our tenure was to be used to offset a chunk of owed salaries before the then Accountant General made a curious disappearance,” he added.