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If They Can Present Evidence That I Borrowed N56bn, I Will Resign – Fayose





The Ekiti State governor, Mr Ayodele Fayose has said that if anybody can present evidence that he borrowed N56bn, he will resign as governor.

The governor reacting to reports that the State borrowed a total sum of N56 billion since he assumed office and that a fresh N25 billion loan was applied for;said on his Twitter handle that ‘’If they can present evidence that I borrowed N56bn, I will resign.’

 Also the Ekiti State Government has described as total falsehood, report; saying that; “the only fresh loan taken by the government of Fayose was the N10 billion grant from the Excess Crude Account, which was released to all States for capital projects, N2.8 billion requested from Wema Bank to pay State Universal Basic Education Board (SUBEB) counterpart fund out of which N1 billion has been accessed and N600 million for MDGs counterpart fund, which has been repaid.”


 The government said “the report, which was attributed to the Debt Management Office (DMO) was orchestrated from the media office of the Minister of Mines and Steel Development, Dr Kayode Fayemi, who is obviously struggling albeit unsuccessfully to redeem his battered image by trying to change the narrative from the debt he plunged Ekiti State to and the wanton looting of the treasury when he was governor.

 We are aware of how hard Fayemi’s media handlers tried yesterday, to get the false report published in major newspapers, claiming that they had a classified document from the DMO.”

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