Oyo is technically bankrupt, says Makinde - The Nation Newspaper

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Oyo is technically bankrupt, says Makinde .

Just two days after declaring that the state is indebted to the tune of at least N150billion, Governor Seyi Makinde on Tuesday said the state government is technically bankrupt with his administration still looking at ways to salvage the situation and run the government.

This is as he also promised to make a pronouncement on how to turn around the hitherto moribund Agbowo shopping Complex which he described as eyesore and security threat to both the university and neighbouring communities within the first 100 days of his administration so that it would be of benefit to the state in general.

Noting that UI is an important member of the community, the governor said his government will collaborate with the institution especially in the areas of Public-Private Partnership which will endear a kind of synergy between academia and the government.


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Continue with ur excuses

azzy_TVCNews Then fix it

Technically and eventuarry

lawluq98 Oga coman see ur man crush has started making excuse after cancelling 18% source of revenue.

Oyo and Imo state govs are making the same mistake. COMPLAINING. They should ask Buhari what he achieved with that since 2015

This man with unverified excuse

He should just shut up and do the job,, he is not impressing anybody by complaining,, How then did he pay for May, June salaries,, If GSM is short of ideas let him say so,,Nonsense

Are you sure.... I hope is not what I am thinking... Baba check out the 💰 in the Account, check the liabilities, Baba bring out his Investment in the politics, that's his Statement of Financial Position (Balance sheet) Trying to figure out how many years will he recoup.. 😭😭

People of Oyo elected you to solve the issues not otherwise. Just get back to work.

seyiamakinde is better you buckle up:stop all these petty talk and forge ahead to move the state forward . Could you avail us the loan youve applied for and being rejected which made you to say d state is technically bankruptcy. Are assets not left behind?

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