You are mortgaging Adamawa future with loans, APC tells Fintiri
“IT IS ON RECORD THAT SENATOR BINDOW HAS NOT TAKEN A DIME TO IMPLEMENT ANY CAPITAL PROJECT IN HIS FOUR YEARS IN OFFICE.
The opposition All Progressives Congress in Adamawa State on Monday called on the Debt Management Office and other relevant agencies to henceforth check loans being obtained by the State Governor, Umaru Ahmadu Fintiri.
Organising secretary of Adamawa APC, Ahmed Lawan who made the call in Yola said that the call was necessary following the approval given by the State Assembly to Governor Umaru Fintiri to take a new N9.9b loan
According to Lawal, the present administration had consistently run Adamawa state for about six months and took loans worth billions of naira with nothing on ground to show for the loan.
Lawal expressed serious concern about the debt profile of the state and pointed out that already, the state from 1999 till date was indebted to the tune of N96.4b local debt, according to the debt profile released by Debt Management Office.
He explained that despite the billions of naira collected from FAAC for the past five months by Fintiri administration, “There is nothing on ground to show for it.
“Meanwhile federal allocation has significantly improved leading to bumper harvest by the state at the monthly FAAC.
“Yet, the governor takes another N9.9billion naira loan for ‘housing projects’? “The problem of Adamawa civil servants has nothing to do with house, as there are empty houses that litres the state without occupants.
“the process of taken the 9.9 billion naira loan by Fintiri’s government is already flaw as there is no state executive council in place to deliberate on the loan before it was forwarded to the state house of assembly for approval.
“we are very sure that 9.9 billion naira loan will soon find it way to private pocket as the loan is not taken in the interest of Adamawa people, but for selfish reason,
“it is on record that Senator Bindow has not taken a dime to implement any capital project in his four years in office, we wonder why a government that just spend less than six months in office apply for about 10 billion naira loan without justification. Lawal added
The party man noted that in spite of criticising Bindow by Fintiri when Bindow took 5 billion naira loan to offset health workers salary, it is unfortunate that Fintiri request for about 10 billion naira loan, when he has no exco in place, the government, he added was still owing about 5000 civil servants salary they suspended from work in the name of verification
The secretary said that with the manner the present administration obtains loan, the future of Adamawa children was being mortgaged.
“And our fear is what is going to happen to Adamawa children.
“This is the reason we are calling on the Security and Exchange Commission, Debt Management Office and the Economic and Financial Crimes Commission to intervene and save the future of Adamawa people from being mortgaged.
All effort to get the reaction of the director general, media to the governor, Mr. Solomon Kummangar prove abortive as his phone was switch off as the time of filling this report.