Edo Debt Profile: Your Lies Have Been Exposed, Ize-Iyamu Blasts Oshiomhole

The Peoples Democratic Party, PDP, candidate in the Edo state governorship election, Pastor Osagie Ize-Iyamu, has said that the report by the Debt Management Office, has exposed the lies by the state governor, Adams Oshiomhole that the state was not owing foreign debt.

Recall that yesterday, the DMO listed Edo state as one of the top three state in the federation, with a total of $179.52m as of June 30, and holds 4.91 per cent of the country’s subnational foreign debts.

Recall also that Oshiomhole had times without number, claimed that the state had not accumulated debts as alleged.

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But Ize-Iyamu in a statement on Thursday dared the outgoing governor to explain how he spent the N1.9 trillion allegedly received in the last 8 years.

He said that Edo people would not be deceived again by the dishonesty of the APC-led government, adding that data from the National Bureau of Statistics (NBS) also shows that Edo State currently has one of the highest rates of youth unemployment in the country.

He said, ‘’the debt management office, Abuja has just stated that Edo State, with a total of $179.52 million as at June 30 this year, holds 4.91 per cent of the nation’s subnational foreign debts. And we know this is outside over N800 billion debt that Oshiomhole has created for Edo State.”

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