The Peoples Democratic Party (PDP) in Ekiti State has alleged that the State Governor, Kayode Fayemi is making desperate moves to take N5 billion loan to prosecute the All Progressives Congress governorship election on June 18th.
The opposition party also alleged there have been deductions from workers’ salaries for seven months aimed at using it to fund the APC’s election campaign.
The party urged all Ekiti residents to warn Governor Fayemi against putting the state’s future at risk because of his ambitious plan to install a successor.
The party said in a statement issued on Friday by the State Publicity Secretary, Raphael Adeyanju, that Governor Fayemi also met with heads of Cooperative Societies in the State Civil Service, Public Service, and Local Governments on Wednesday to discuss the N5 billion loan.
However, Leaders of the Cooperative Societies told Fayemi they had no money in any bank and the deductions from workers’ salaries which ought should have gone to their fund had not been paid.
The statement reads: “The governor met with some banks officials two weeks ago to seek a loan for the election, but he was told they only had funds meant for loans to Cooperative Societies and that the governor should talk to leaders of the Cooperatives Societies to seek their consent on the loan.
“It was on the basis of this that Governor Fayemi met leaders of Cooperative Societies in the State at the Government House, Ado Ekiti on Wednesday.
“Ekiti people should recall that towards the June 21, 2014 governorship election, Fayemi’s government obtained N5 billion loan, using Fountain Holdings Limited, a company with N15 million share capital.
“The N5 billion loan was obtained from EcoBank without recourse to the Debt Management Office (DMO) and it was claimed that the loan was used to execute capital projects like the construction of roads.
“The N5 billion loan was used to fund Fayemi’s failed reelection bid in 2014 and the same path is being followed now, with another N5 billion being sought.
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