Breaking News

Ogun bond based on sound financial projections—Daniel

As State Assembly remains under lock and key

By Kolade Larewaju

ABEOKUTA – AS the crisis rocking Ogun State House of Assembly continued unabated and the House still sealed, Governor Olugbenga Daniel, yesterday, said the decision of his administration to access the bond market was based on sound financial and fiscal projections.

He said the government would not show any desperation in order to access it.
Workers in the Assembly remained locked out as policemen also blocked the hitherto open road in front of the complex.

Speaker Tunji Egbetokun and his group of other 14 legislators, who said they would hold plenary session, yesterday, however, did not turn up as they were said to have gone to Abuja on the invitation of the Presidency.

Governor Daniel who spoke at the formal presentation of the master plan and flag off of the Abeokuta Central Business District, ACBD, at the Valley View Auditorium of the Government House said in spite of the consent given by the State legislature, the government would adopt a wait and see attitude.

While noting the needless controversy the issue of the bond had generated, the governor said it was due mainly to the way the former leadership of the House treated what was essentially a fiscal measure.


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