
The Peoples Democratic Party (PDP) alerts
commercial banks in Nigeria to be circumspect in
giving loans or any form of credit to the wasteful
administration of out-going Governor Yahaya Bello
of Kogi state, as the state is not wiling to bear any
responsibility for such facilities when Governor
Yahaya Bello vacates office in a few months time.
The party draws the attention of commercial banks
to the fact that Yahaya Bello cannot scale the
hurdles of the November 16 governorship election
following the consensus by the people to vote in
the PDP candidate, Engr. Musa Wada, as their next
governor.
The PDP cautions financial institutions to note that
Governor Bello and his administration now have a
Caveat Emptor badge and that the people of Kogi
are not ready to inherit their financial liabilities.
The party alerts that the caution is sequel to
information to our disposal on alleged intentions of
the Bello administration to mislead commercial
banks into granting it huge loans, under certain hazy
items and conditions, after which the money would
be frittered by APC leaders and cronies of the
administration.
Our party wants the nation to note that the people
of Kogi state can no longer accept any further
mortgaging of the future of the state by Yahaya
Bello, whose administration has gone down as the
most profligate in the history of our nation and
which cannot account for over N700 billion of Kogi
fund released to it in the last four years.
