Don't borrow to pay salaries, Ogun monarch cautions Gov Abiodun

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The Awujale and paramount ruler of Ijebuland, Oba Sikiru Adetona on Monday, cautioned Ogun State Governor, Dapo Abiodun against borrowing to pay salaries and wages.

The first class monarch advised the Governor to channel loans taken towards capital projects that would enhance the Internally Generated Revenue in the state.

The monarch who is the immediate past chairman of the council, in his remarks, lauded the Governor for his tenacity to generate revenue for the developmental projects in the state . He said, “Similarly, I must commend your Excellency for the tenacity at which various financial obligations of the state government projects are met, considering the dwindling revenue allocation couple with the current reality of national economy.“However , permit me to advise that such loans should not be expended on current expenditure such as payment of salaries , they should be invested in infrastructure that will further boost the economic activities in the state.

 

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