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Governor Seyi Makinde of Oyo State, on Saturday declared that he met the sum of one hundred and fifty billion naira (N150b) debt when he took over from his predecessor, Mr. Abiola Ajimobi on May 29 this year.

Makinde, who made this declaration while featuring at a media chat to mark thirty (30) days of his government in Ibadan, the Oyo state capital, however, insisted to probe Ajimobi if he continues to disturb his government.

The Governor, while answering questions from the panelists at the media chat held at the Broadcasting Corporation of Oyo State (BCOS), said though his government was still collating the debt profile of the last administration, the sum of one hundred and fifty billion naira had been uncovered in the last thirty days.

Makinde while speaking further, threatened to expose Ajimobi, if he (Ajimobi) continues to disturb his administration.

He said a sum of N1.3 billion seized from past government official and confiscated to the Federal Government was being pursued to tackle the problems of the education sector in the state.

He said ”the debt, which he summed up to be around $500 million, would not stop his lofty programmes and electioneering promises to the people.


Makinde also alleged that the last government spent about N2 billion on a kilometre of road, when the topography of the state wasn’t like that of Rivers state, saying that he was still checking files on the activities of the immediate last administration in the state, but so far, he has discovered N150 billion debt left behind.


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