Release breakdown of N807bn Lagos debt, LP deputy gov candidate tells govt

The Labour Party Deputy Gubernatorial Candidate in Lagos State, Princess Abiodun Oyefusi, has demanded breakdown of the N807 billion debt profile of the state recently released by the Debt Management Office (DMO).

This is coming against the news by the Agency that the country’s debt rises to N46.25 trillion, with Lagos taking the chunk of N807,208,634,237.88.

The Politician explained that every Lagosian deserves to know how much was spent on each line of expenditure in full detail right down to who executed the project. 

She further explained that transparency and accountability is not attainable where such information cannot be accessible.

“Good to know Lagos debt has risen to N807bn but i want to demand for the release of the breakdown of this debt recently released by the Debt Management Office (DMO).

“It is very important to note that every Lagosian deserves to know how much was spent on each line of expenditure.

“If APC government truly loves Lagosians as they claim, they should respect the principle of transparency and accountability.

“These principles are compromised where no such information is accessible.”She said

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