Press Statement
The Peoples Democratic Party (PDP) alerts commercial banks in Nigeria to
be circumspect in giving loans or any form of credit to the wasteful
administration of out-going Governor Yahaya Bello of Kogi state, as the
state is not wiling to bear any responsibility for such facilities when
Governor Yahaya Bello vacates office in a few months time.
The party draws the attention of commercial banks to the fact that
Yahaya Bello cannot scale the hurdles of the November 16 governorship
election following the consensus by the people to vote in the PDP
candidate, Engr. Musa Wada, as their next governor.
The PDP cautions financial institutions to note that Governor Bello and
his administration now have a Caveat Emptor badge and that the people of
Kogi are not ready to inherit their financial liabilities.
The party alerts that the caution is sequel to information to our
disposal on alleged intentions of the Bello administration to mislead
commercial banks into granting it huge loans, under certain hazy items
and conditions, after which the money would be frittered by APC leaders
and cronies of the administration.
Our party wants the nation to note that the people of Kogi state can no
longer accept any further mortgaging of the future of the state by
Yahaya Bello, whose administration has gone down as the most profligate
in the history of our nation and which cannot account for over N700
billion of Kogi fund released to it in the last four years.
Anybody or organization in league with Yahaya Bello is directly
supporting the torturing and impoverishing of the people of Kogi state
by the Bello administration, which has manifested so much insensitivity
in owing workers as much as 36 months salary arrears.
On our part, the PDP is committed to running a prudent, transparent and
productive administration where the welfare and economic empowerment of
the people is overriding; where salaries are paid promptly, where
infrastructural development in critical sectors take center stage and
where accountability is the watchword.
In this regard, the PDP urges all financial watch organizations to join
the people of Kogi state in monitoring all monetary activities of the
Bello administration as well as all inflows into the state coffers,
particularly, the N10.06 billion federal refund, which the PDP insists,
must be declared and directly channeled for the payment of salaries so
as not to allow the ring of APC leaders achieve their plot of diverting
and stealing the money for their selfish purposes.
Signed:
Kola Ologbondiyan
National Publicity Secretary
