Our achievements justify loans we obtained ―Aregbesola

‎OSUN State governor, Mr Rauf Aregbesola, has stated that the achievements recorded by his administration justified the loans obtained by the state government.

He contended that his administration had redefined the history of the state and stimulated her economy to the benefit of all and sundry as reflected in the successes recorded across sectors.

Aregbesola, who made the statement while receiving an award by Osun State indigene in diaspora in Osogbo put the total debt of the state ranging from local, state and foreign at N197 billion, describing the infrastructural developments made in every sector as justification for the debt.

He explained that the loans taken by his administration had been prudently and judiciously used to build 50 years lasting infrastructural in all aspects of life which, if the state had not taken, could have been hard to achieve, stressing that that failure to take the step at that time may lead the state to socio-economic stagnation.

According to Aregbesola, “Since every successful government in the world is indebted, our administration has taken the right step to obtain loans to advance the state and make life abundant and prosperous for our people.

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We have justified the loans we took by our achievements because if we didn’t take the loans as at that time and used the fund to build roads, schools, hospitals, support for the security and lot more, there is no doubt that it will be difficult to do now in view of the cost of things and hike in the exchange rate.”

“As at the moment, our state owed N197 ‎billion but we have justified this by our noble interventions in all sectors, particularly in education, health, security, agriculture and road infrastructure among others,” he remarked.

Earlier in his address, the president, Osun ‎‎State indigenes in the diaspora Engineer Oyesola Olaosebikan Okiki commended Aregbesola’s infrastructural developments, pointing out that the association decided to honour the governor as a little way to appreciate his good works and as well motivate him to do more.

He stated, “there may be no better day than today, for us to publicly announce the goals and motivation of this movement celebrating our able governor who has performed excellently well by all rating in every sector. We all knew how Osun was when the immediate past administration was in government and we knew how it is now, there is no gainsaying that the present ‎administration has given Osun a deserved and a befitting look as admired by all.”