KOGI POLLS: PDP warns banks against giving loans to Gov Bello

October 22, 2019
114 Views

Ahead of the November 16 governorship election in Kogi State, the opposition Peoples Democratic Party (PDP) has cautioned commercial banks in Nigeria to be circumspect in giving loans, or any form of credit to Governor Yahaya Bello.

It said banks should not give loans to “the administration of out-going Governor Yahaya Bello of Kogi State, as the state is not willing to bear any responsibility for such facilities when Governor Yahaya Bello vacates office in a few months time.”

The party stated this in a statement by its spokesman, Kola Ologbondiyan on Tuesday. It said that banks should note that its governorship candidate, Musa Wada, would defeat Bello.

“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,” PDP said.

The party added that the caution was sequel to information to its 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,” the party added.

You may be interested

Reps minority faults Buhari’s UNGA speech, says terrorists ‘Emboldened under his watch’
News
14 views
News
14 views

Reps minority faults Buhari’s UNGA speech, says terrorists ‘Emboldened under his watch’

Webby - September 26, 2021

A file photo of members of the House of Representatives attending a plenary at the lower chamber of the National…

News
4 views

Goje’s deputy, 14 APC stalwarts decamp to PDP

Webby - September 26, 2021

Lazarus Yoriyo By Sola Shittu, Gombe Former Deputy Governor to ex-Governor Danjuma Goje of Gombe State, Lazarus Yoriyo, on Saturday…

Ex-Arsenal Star Nasri Announces Retirement From Football At 34
Sports
13 views
Sports
13 views

Ex-Arsenal Star Nasri Announces Retirement From Football At 34

Webby - September 26, 2021

Former Arsenal French midfielder Samir Nasri has announced his retirement from football at the age of 34.Nasri made his name…

Leave a Comment

Your email address will not be published.