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I Took N7bn Loan Two Days After Inauguration – Abiodun

Dapo Abiodun, Ogun State Governor, has said he had to take a N7 billion loan just two days after his inauguration. 

Abiodun, who had been lamenting the state of the state treasury left behind by immediate past governor, Ibikunle Amosun, said this while addressing leaders of the All Progressives Congress (APC) on Monday. 

Read Also: Police Keep Mum As Amosun Gives Up 1000 AK47 Rifles, Millions Of Ammunition

He said the money was needed to settle workers’ May salaries. He revealed that he had secured loans from banks managed by his friends at short notice. 

“So, I picked my phone and called my friends who are MDs in different banks. I told them I needed to pay salaries and this is the little I have; almost nothing in the state account.

“I requested for a credit facility to allow me to pay over N7bn which is the state wage bill. That day, my intention was that maybe one or two will oblige me, but the five banks I called obliged me,” he said. 

He said it was pleased that the workers received their alerts on the evening of the same day. 

Abiodun, however, said he would not probe the past administration, saying his administration had many things to do. 

“We have by far too many things to do than to begin to be bogged down by what someone did or what he did not do or what he left behind.

Read Also: Some Kidnapping Allegations Dramatic, Says Osinbajo

“I cannot begin to describe in the open to you the Ogun State that we inherited. I cannot begin to describe it to you. I will not because I have made up my mind that publicly and privately, I will not discuss anything about the past administration.

“We have resolved to draw the line and to move forward from there. We need to be focused. We are going to rebrand and re-launch the security trust fund,” he said. 

About Ademola Aderele

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