PDP Challenges Fayemi Over N2.75bn Loan In Ekiti

PDP Challenges Fayemi Over N2.75bn Loan In Ekiti

The Peoples Democratic Party (PDP) in Ekiti State has demanded an explanation on the N2.75 billion allocated for construction of the market in the N20 billion obtained in 2012 by Governor Kayode Fayemi’s administration.

The party also commended Fayemi for painting and commissioning the Oja Oba Market in Ado Ekiti, which was constructed by the administration of Mr. Ayodele Fayose, but said it was misleading for the governor to claim that he conceptualized the market project and that it was only executed up to 55 percent level when Fayose left office.

In a release on Friday, by the State Publicity Secretary, Raphael Adeyanju, the PDP said “the Oja Oba Market, Ado Ekiti was only conceptualized on billboards by Fayemi, despite the availability of the N2.75 billion allocated for the project in the N20 billion bond he took in 2012.

“As a governor, you conceptualized a market project in 2011 (while under one year in office), you got N2.75 billion to execute the project in 2012, you left office in October 2014, without dropping a single block at the site, and you can still face Ekiti people and say that you conceptualized the project? How is that explainable?

“So why was the project not done between 2011 and 2014? What happened to the N2.75 billion made available for it in 2012?”

The party insisted that the project was executed up to 90 percent level before Fayose left office and over N400 million was left for the payment of the contractor upon completion of the project.



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