The governor of Ondo State, Arakunrin Oluwarotimi Akeredolu on Tuesday advanced the need for massive infrastructural development of the state as the main reason why his administration borrowed money in the last three and the half years.
“I can assure you there is probably no State that can exist without borrowing. Not even a nation, not even America. We have tried to spend within our limit because of the debt we met. We met a lot of debts, we have to pay back. After we have paid the debt met before we initiated a move to have a bond of N30 billion.
Akeredolu who was accompanied by the Minister of State, Niger Delta, Senator Donald Alasoadura, the Speaker, deputy speaker and 21 members of the State House of Assembly, members of the state executive council, party chieftains from all the council’s, youth and women group assured the people of the state of his determination to build on the solid foundation he had laid.
“It is a great privilege to be called upon to serve. Public service poses its own challenges but the knowledge of an omnibus acceptance emboldens the public servant to proceed without fear.
Which Ondo pls?
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