Breaking News

Edo debunks media reports on debt status

By Gabriel Enogholase

BENIN—Edo State government yesterday described the advertisement on the Independent Television, ITV and Nigerian Television Authority, NTA, in Benin, by the People’s Democratic Party, PDP, Edo state chapter on its indebtedness, saying it was designed to deliberately misrepresent facts.

A statement in Benin by the State Commissioner for Finance, Mr. Osagie Inegbedion, said the advertisement also sought to invent a non-existent discordant tune between the position of the governor and himself.

According to him, “ordinarily, these antics of mischief makers aimed at diverting the focus of the administration would have been ignored but for the fact that we owe Edo people an explanation on how their resources are being deployed.

“Governor Oshiomhole clearly said that the Osunbor-led administration left N5 billion bank debt and over N5 billion unpaid vouchers. The Commissioner of Finance also stated that the government met a bank debt of N4.4 billion at the inception of this administration which has now climbed to over N5.7 billion due to interest charges.”

“This obvious attempt to concoct a divergence between the position of the governor and that of the Commissioner of Finance appears to be a familiar road by the PDP to misinform Edo people. “Just like they had earlier falsely claimed that this government got N2.7 billion from the Ecological Fund for the gully erosion in Auchi, when no kobo has come into the government’s coffers from the Fund, this advert is merely targeted at further confusing our people”.

He insisted that at the heart of the policy of Oshiomhole’s government was its commitment to fiscal discipline, transparency and accountability, aimed at effectively deploying resources for development, infrastructural renewal, job creation and improvement in the social life of the people.

Inegbedion assured Edo people that the attempt by the PDP to resort to base propaganda, throw red herring and engage in trite would not divert the administration from its chosen path.


Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.