Oyo technically bankrupt, not creditworthy ― Makinde - News Summed Up

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Oyo technically bankrupt, not creditworthy ― Makinde


Oyo State governor, Mr Seyi Makinde made this revelation when the governing council and management of the University of Ibadan, led by its pro-chancellor, Waklek Mutka, visited him at governor’s office, Ibadan, on Tuesday. To keep the government running, Makinde said he had, since assumption of office, been seeking all avenues to get money. “When I came in, we were looking for ways to keep the government running because technically the government of Oyo state is bankrupt. “If I take it as a private entity, I won’t lend a dime to the government of Oyo state. “I believe Ogun state got about N8billion; another state in the South West got N10 billion, and Oyo state got only about N91million.


Source: Nigerian Tribune July 02, 2019 16:18 UTC



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