Ovie Omo-Agege to banks, financial institutions: Lend money to Delta govt. as your own peril
Governorship candidate of the All Progressives Congress (APC), in Delta State, Sen. Ovie Omo-Agege, has warned that any bank, lending institution or credit union which loaned or advanced money to the Delta State Government four months to the end of its tenure, does so at its own risk.
Omo-Agege’s warning was contained in a statement he personally approved on behalf of the teeming supporters of APC and the generality of the people of Delta State.
According to Sen. Omo-Agege, “It has come to the knowledge of the All Progressives Congress (APC) and the general public that the government of Delta state is yet again negotiating a loan facility for N40 billion.
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“It is our understanding that the need for such a facility has not been made public, neither has the purpose for which the credit is being sought.
“It is also to our knowledge that a bill seeking the approval for such a facility has not been presented before the House of Assembly and neither has approval been obtained.
“Now therefore be it known to all banks, lending institutions, credit agencies e.t.c that any facility, loan, credit, advancement or borrowing by any other name known, made or advanced to the government of Delta State in the course of the remaining tenure of the present administration will not be acceptable to the people of Delta State.
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“The next administration and the citizens of Delta state will not be further encumbered by the rascality and profligacy of the present government.”
The Deputy Senate President maintained that Delta State would has “over borrowed and the citizens will not accept the encumbrance and obligations of further borrowing.”
He, therefore, said that, “Any bank, lending institution, credit institution e.t.c which lends or advances money to the government of Delta state at this time, does so at its own risk. Please be warned,” the statement read.
