EDO 2024: LP GOVT WILL NOT GO INTO RECKLESS BORROWING - Publicity Secretary... 3.5bn loan approval granted Obaseki is slight on Edo People

The Publicity Secretary and image maker of Edo state Labour Party, Comrade Sam Oroupa has said that government of Labour Party in Edo state come 2024 would not be associated with reckless and needles borrowing of loans.

He made the statement yesterday at the party secretariat in Benin city, the Edo state Capital while reacting to 
the recent 3.5bn loan approval granted Godwin Obaseki by the Edo state 7th House of Assembly during its valedictory session last week.

According to the image maker,
"Labour Party is a party with clearcut ideologies and policies of development, people oriented programs and blueprints tailored to bring about social justice, equity and an egalitarian society.

"Edo people can no longer afford to mortgage their future and Collective destiny into the hands of a government that has sold them into slavery through reckless loans and borrowings. 
Both the APC and PDP that have ruled the State have both left huge debt burden on the State. 
You will recall that this government originated from APC but only just crossed over to PDP and were the architectsnof the borrowings.

According to Comrade Oroupa, "the recent 3.5bn loan approval granted Godwin Obaseki by the out going rubber stamp 7th State Assembly during its valedictory session is a slight on the sensibility of Edo people.

He further added that the loan granted the governor was not necessary as he said it would not impart the lives of the people of Edo state.

" The loan is nothing but a parting gift to friends and cronies to buy cars and landed properties at the expense of meaningful development for Edo people.

"The Peoples Democratic party under governor Godwin Obaseki has plunged the state into serious and excruciating debt and the only way the state would come out clean from such careless and needless indebtedness is to do away with the PDP and the All Progressives Congress (APC) in Edo state and vote in a Labour Party governor come 2024 who is coming with people Centric initiatives that would revamp the dwindling socio economic and political fortunes of the state and also bridge the gap between the rich and the poor".


He further added the envisaged government of Labour Party in Edo state come 2024 would respect traditional institutions in the state.

"The LP government in Edo State come 2024 will give maximum respect to the traditional institutions and recognize their place in community building. 

You would recall that  the 7th Edo State House of Assembly ended its plenary session on Thursday and the legislators approved the sum of N3.5 billion contract facility loan to Governor  Godwin Obaseki. 

The 10-member lawmakers also amended and passed the Pension Rights bill of the Governor and Deputy Governor Law, 2007. 

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