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Edo APC Transition Committee Recommends Probe Into Obaseki’s N410 Billion Debt

Tuesday, 12 November 2024

Monday Okpebholo

The All Progressives Congress (APC) Transition Committee in Edo State has called for an investigation into the State’s alleged N410 billion local and foreign debts.

This recommendation was presented in a report to Monday Okpebholo, the incoming Governor, on Monday, ahead of his inauguration on Tuesday.

Pius Odubu, the Committee Chairman and former Deputy Governor, revealed that the Committee was informed of “N410 billion in debts,” a significant increase “from the N55 billion inherited” by the outgoing government of Godwin Obaseki in 2016.

According to Odubu, the indebtedness is actually “much more,” exceeding N500 billion.

The report recommended a review of memoranda of understanding on the management of Central and Stella Obasanjo hospitals, as well as an investigation into the “true ownership of the Ossiomo power plant and Radisson Blu Hotel.”

READ ALSO: Leave Obaseki Out Of Your ‘Petty Politics’ – Edo Govt Slams Okpebholo

Additionally, the Committee advised reviewing all major contracts issued by the State government under the “Ministry of Roads and Bridges, as they appear not to have followed due process,” including payment advances awarded to contractors.

The procurement agency had also indicted the government in its report to the transition committee.

The committee further recommended streamlining the ICT ecosystem in the State, which seems to be duplicating duties.

Moreover, the report noted that the outgoing government failed to “provide audited financial statements, published or unpublished,” prompting the committee to advise the incoming government to institute an inquiry into this matter.

The Committee also demanded a “comprehensive review of the World Bank-funded EdoBest program” and a probe into its rather opaque operations.

Lastly, the committee called for a proper headcount of teachers in the State, as the government “couldn’t account for the number of teachers.”

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via: Information Nigeria

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