Oshiomhole: I left no indebtedness for my successor, Obaseki

Oshiomhole: I left no indebtedness for my successor, Obaseki


Comrade Adams Oshiomhole former governor of Edo State has alleged that he did not leave any debt for his successor, Governor Godwin Obaseki.

The former national chairman of the All Progressives Congress (APC), governed the State between 2007 and November 2016 before he handed over to the incumbent Governor who is serving his second term in office.

Oshiomhole who spoke at the Edo South senatorial campaigns flag-off of the APC in Benin City, denied plunging the State into insolvency, hence the need to set the record straight.

He expressed regret that the mistake in choosing his successor, is making people to cry; Even as he challenged the Government to publish the debt profile during of the State when he left office and the current debt profile of the State.

According to Oshiomhole, “When they are talking that I left Edo in debt, tell them to publish in national newspapers what was the level of domestic debt when I left office on November 12, 2016, and what is the level of domestic debt now.

“I don’t want you to make my mistake. I made my mistake in 2016, and I tried to correct it in 2020 people didn’t listen and today people are crying.

“God knows Edo people have been nice to me and in history, I am the only governor in Edo who won election in all the 18 Local government areas, and the only governor who won the 77 Wards in Edo South, I owe you the truth but you must take your decision.

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“When I became the governor, the local revenue was N250 million a month but after one month of my assumption of office, the monthly Internally Generated Revenue went up to N2.1 billion.

“Talking about money, I need to use this occasion to clear certain things.

“I have decided that what I owe Edo was to join forces to secure tomorrow and not to cry over yesterday because I can’t bring it back and facts must be explained.

“As governor of Edo state, the only local loan I took was bond, N25 billion and we paid it over a period of seven years and we conveniently paid it by December 2016.

“When we had a World Bank budget support of $221 million and they paid two tranches of $75 million when naira was N165 to a dollar, the third tranche of $75 million paid to my successor, and I am not going to mention any body’s name but it was paid to my successor.

“I did the Benin-Lagos roads and several federal roads with this money but the good thing was that, after I left office, the money I used to build these roads N18 billion was refunded to my successor”, Oshiomhole said.


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