NDC STATEMENT ON COURT RULING. (PHOTO). #PRESS RELEASE.

Image
 NDC STATEMENT ON COURT RULING Our attention has been drawn to a ruling by the Federal High Court sitting in Lokoja this morning, wherein His Lordship, Honourable Justice Isah Dashen, gave a ruling on an application filed by an unregistered association known as Peace Movement Party. The public knows that by December 2025, the Nigeria Democratic Congress  as an association complained of INEC’s refusal to register us as a political party, whereupon we proceeded to the Federal High Court. The Federal High Court upheld our constitutional right to freedom of association under the Constitution and compelled INEC to register us, which INEC did. Since then, we have started political activities, embarked on the registration of members, held congresses from ward to national levels, held conventions, and concluded primaries to all offices following INEC’s timetable. We have been fully participating in all INEC activities without let or hindrance. NDC also fielded candidates, and fully pa...

"FOR FOUR YEARS,WE DID NOT TAKE ANY BANK LOAN & I LEFT N14BN CASH FOR MY SUCCESSOR, "- OYETOLA,OSUN’S OUTGOING GOVERNOR. (PHOTO).


"For four years, we did not take any bank loan & I left N14bn cash for my successor,” – Oyetola, Osun’s outgoing governor.

_______
Outoing governor of Osun, Alhaji Gboyega Oyetola, says he left N14 billion in the state’s coffers for his successor, Sen. Ademola Adeleke.

In his farewell message, released in Osogbo on Sunday by Mr Ismaila Omipidan, his media aide, Oyetola stated that his administration paid N97 billion of the debt it inherited in 2018 when he assumed office.

Oyetola declared that his administration did not borrow any money from anywhere to finance the state’s economy, stressing that he kept the faith and maintained fidelity to his electoral promises throughout his tenure.

“We are leaving behind a cash balance of more than N14 billion.

“In addition to the N14 billion cash, another N8 billion is being expected between December and January 2023 from our performance in States Fiscal Transparency, Accountability and Sustainability programme (SFTAS) and from Internally Generated Revenue.

SFTAS is a government programme designed to advance fiscal transparency, accountability and sustainability of states of the federation.

“For four years, we did not take any bank loan.

“We benefitted from the N3 billion monthly interventions by the Federal Government to all the states for six months to cushion the effect of deductions of budget support facility and salary bailouts taken by the previous administration.

“We paid N97 billion from the total debt we inherited in 2018,’’ he stated.

The outgoing governor added that the state was also expecting 72 million dollars from other programmes and from the NG-CARES programme of the Federal Government, among others.

“These are earned, based on performance. And we have indeed performed to earn them,’’ he stressed.

Oyetola stated also that his administration put the state’s economy on a surer footing through its myriad people-centred and masses-focused projects, promptly executed to make life worthwhile for the people.

He stressed that Osun’s economy stabilised during his tenure as manifested in the astronomical increment in the GDP of the state.

©Ọmọ Elu

 

Comments

Popular posts from this blog

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

THE NEW OONI OF ILE-IFE,WILL NOT EAT THE HEART OF THE LATE OONI-PALACE CHIEFS.

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).