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APC has borrowed N5billion to finance Okpebholo’s inauguration – Obaseki

Governor Obaseki ready for EFCC invitation

The outgoing Governor of Edo State, Godwin Obaseki, has claimed that the All Progressives Congress (APC) is taking out loans of N2 billion to N5 billion to fund the inauguration of the new governor.

Speaking at the inauguration of the State’s PDP caretaker committee in Benin City, Obaseki expressed disappointment that the outgoing government was not involved or invited to the inauguration.

It has been reported that Senator Monday Okpebholo, the APC candidate who won the September 21, 2024 governorship election against PDP candidate Asue Ighodalo, will be sworn in on November 12, 2024.

Obaseki alleged that the new government has already started spending part of the almost N27 billion allocated for projects and other obligations by his administration.

“In this holiday period, they will want to spend as much money as possible to confuse the people. They are going to struggle to change their perception.

“We have almost N27 billion to pay for projects and obligations, but they have started blowing it, and they have gone to borrow money for the inauguration which is going to cost them N2 to N5 billion. That is the money they will first take from the treasury.

“They are doing an inauguration and the governor is not even invited. It is like they are starting a brand new government and a brand new state”, he said.

Speaking further, Obaseki assured the people that he would not be far away from the party as he would never leave the party but would remain to give advice.

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