Edo Election: My Predecessor Borrowed Recklessly, Says Obaseki

Governor Godwin Obaseki has accused his predecessor, Adams Oshiomhole, of putting the state in debt and “borrowing recklessly.”

Obaseki made the allegation on Sunday during the Edo Governorship debate organized by Channels Television.

“Let me make some points very clear. What happened is that my predecessor in office borrowed recklessly and the Federal Government had to restructure all the debts that we have taken before I came into office.

“These included a whole series of bank borrowings, borrowing to pay salaries. So, the Federal Government restructured outstanding obligations to Edo State, to the tune of almost N30 billion. That was what was responsible for adding to the debt stock, not borrowings from this administration.”