BREAKING NEWS

N50 Billion Bond is for Project not for Election- Ondo Government

By Tunde Bright Olorungbotemi

The Commissioner briefed Journalists on various developmental strides of the Akeredolu led administration in the state from infrastructural development, being witnessed across the 18 LGAs, to health, social services, agro business, industrialisation among others, VAM report. 
Ondo State Commissioner for Information and Orientation, Mr. Donald Ojogo at a media chat with members of Nigeria Union of Journalists (NUJ), Ondo State Council, held at the Press Centre, Adegbemile, Akure. 

Mr. Ojogo said the  media briefing would be regular, saying the people of the state needs to be updated on government programmes and policies.

On the N50Billion Bond:

The state spokesman said the bond is for  capital projects.

Answering questions from newsmen at the interactive session held on Saturday the Information Commissioner noted that the #50billion bond had become imperative to enable government to pay contractors handling its various capital projects especially roads contractors.


He pointed out that the money from the capital market would not come to the purse of the state government but it would be spent directly on government’s projects.


Ojogo explained that Akeredolu would rather spend such huge bond on legacy projects that would impact positively on the lives of the citizenry instead of using same for any re-election bid.


“The governor didn’t take loan or bond to win his election in 2016, the people freely gave him their mandate, so he can’t take loan to do any reelection.


The Commissioner also took his time to clarify some other state issues such as the delay in conducting local government election and efforts being made by Akeredolu to bring aggrieved chieftains of the APC to his fold.


The State Spokesman promised that the state government would soon come up with actions on local government election and creation of Local Council Development Areas (LCDAs).


In a remark, the Ondo state Chairman of the Nigeria Union of Journalists (NUJ), Comrade Adetona Aderoboye commended the information Commissioner for reviving the media interaction after about three years, urging him to sustain it on monthly and quarterly basis to help the state government in its information management.

Aderoboye who commended Governor Akeredolu for recently appointing two members of the Union as his key Aides, said journalists in the state were happy with the redeployment of Ojogo to the information ministry as a core professional.


The NUJ Chairman assured Ojogo to always count on the support of his colleagues in the media industry.

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