APC has borrowed N5bn for Okpebholo’s inauguration – Obaseki

APC has borrowed N5bn for Okpebholo’s inauguration – Obaseki

The All Progressives Congress, APC, has earmarked between N2 billion and N5 billion for the inauguration of the Edo State governor-elect, Senator Monday Okpebholo, the outgoing governor, Godwin Obaseki, has alleged

Obaseki levelled the allegation at the inauguration of 10-man caretaker committee members of the State’s PDP in Benin City on Friday.

The governor, who also disclosed that the money for the inauguration would be borrowed, lamented that the outgoing government was not carried along nor invited for the inauguration.

Recall that Senator Monday Okpebholo, the candidate of the APC, who defeated the PDP candidate, Asue Ighodalo in the September 21, 2024 governorship election in the State would be sworn-in on Tuesday, November 12, 2024.

READ ALSO:

• We won’t cede any part of our land to Lagos or Ondo –Ogun gov
• Focus on welfare of Nigerians, Osinbajo tells Tinubu
• Iran behind plots to destabilise Nigeria, says Israel

He alleged that the incoming government has started spending the sum of almost N27 billion set aside for the payment for projects and other obligations by his administration.

“In this holiday period, they will want to spend as much money as possible to confuse the people. They are going to struggle to change their perception.

“We have almost N27 billion to pay for projects and obligations, but they have started blowing it, and they have gone to borrow money for the inauguration which is going to cost them N2 to N5 billion. That is the money they will first take from the treasury.

“They are doing an inauguration and the governor is not even invited. It is like they are starting a brand new government and a brand new state”, he said.

 

APC has borrowed N5bn for Okpebholo’s inauguration – Obaseki