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Mimiko Squanders N38bn Inherited, Now In N125bn Debt – Ex-Minister

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Former Minister of state for Power and the governorship candidate of the Social Democratic Party (SDP) has accused the Ondo state Governor, Olusegun Mimiko of squandering over N38 billion inherited even as the state is currently indebted to over N125 billion.

He alleged that Olusegun Mimiko’s administration squandered N38 billion cash inherited and now indebted to over N125 billion.

He, however, promised that when given opportunity to govern Ondo state, payment of salaries and pension will be a first line charge in accordance with Nigerian Labour Congress (NLC) demand.

Both PDP and APC have not been able to produce governorship candidates due to various crisis threatening both parties.

Agunloye who was at the national secretariat of SDP in Abuja on Wednesday, told newsmen that the forthcoming governorship election in Ondo state is about personality of the candidates and not the party.

He alleged that Olusegun Mimiko’s administration squandered N38 billion cash inherited and now indebted to over N125 billion.

“We have find out the deep of poverty in the state. The level of degradation, allienition and people almost accepting poverty as living standard. This is very painful because over the seven years we have an administration who inherited N38 billion cash but now indebted to over N125 billion, so we can say that this is a state where we have expended over a trillion Naira and yet people are wallowing in abject poverty.

“This is also painful because the system in the state are still there, the mineral resources are there, the human resources are there and the things have not been well taken care of.

“In Ondo state now we have a government who can not pay salary for nine months, not paying pension and contractors, now people are adjusting and the same government is coming out to give them one ‘congo’ of rice or Gari without given them water to drink.”

While sounding a note of warning to the APC led federal government to state clear of the forthcoming poll, Agunloye said: “By now people ought to have learn their lesson that this is Ondo state, you don’t mess around with Ondo state and I don’k think anybody will do that because the consequences of that is very large.

“I also need to serve this to people, it is not a warning but point of observation, Ondo state is the natural hub of South-west  and being the hub for the region if things go right in Ondo state it will go right in South-west. People are not waiting to be messed around and they should better understand that.”

Also speaking, national deputy chairman of SDP Alhaji Ahmed Isiaq, said up till now SDP is only party that has been able to choose a credible candidate to fly the flag of the party.

He also revealed that most of the aggrieved members of the PDP and the APC are already in torch with the SDP in the state.

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