Senator
representing Ondo North Senatorial District, Prof. Ajayi Boroffice has warned
Zenith Bank Plc against granting approval to the N7 billion loan request made
by the Ondo State Government a few months to the expiration of Governor
Olusegun Mimiko’s tenure in office.
The Ondo State House Assembly had on
Tuesday last week approved the State government’s request to accept a N7
billion bridging loan from the Zenith Bank Plc, which Governor Mimiko said
would be utilized to complete developmental projects across the 18 Local
Government Areas of the state.
In a statement issued by his media
office and signed by Mr. Kayode Adeniyi, Boroffice said despite the approval of
the controversial loan request by the State House of Assembly, it does not
enjoy the express approval of vast majority of Ondo people, as they were not
consulted before state lawmakers took the unilateral decision.
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