Governor Seyi Makinde of Oyo State has disclosed that the immediate past administration of Abiola Ajimobi let behind the sum of 150bn as debt.
He made the revelation in a media chat on the state television on the occasion of his one month in office on Saturday.
Makinde said the figure represents the amount discovered so far, adding that his administration was still checking the books to determine the actual total debt.
“We have confirmed N150b debt so far. We are still working to discover any other one. Some of them may be questionable. If you take bond, it is always tied to a particular project. If we want, we can do value-for-money audit,” he said.
The governor threatened that he would expose his predecessor if he continues to make negative comments about his (Makinde’s) administration, stressing that some of the debts may be questionable.
“Our focal point is how to strengthen the economy of the state so that all and sundry will prosper. But I will expose them if they don’t want to stop disturbing us. When we do, they won’t be able to move in the streets,” he stated.
On government vehicles allegedly taken away by some of those who served with Ajimobi, Makinde said the immediate past Head of Service (HoS) Mrs Hannah Ogunesan went away with the vehicle bought for her just earlier in the year.
He, however, promised to be forward-looking instead of concentrating his energy on the previous administration.